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Technology Stocks : George Gilder - Forbes ASAP
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To: JF Quinnelly who wrote (134)10/1/1997 11:25:00 PM
From: Hiram Walker   of 5853
 
JF, tax cuts are good for the wealthy and businesses. I think they are even good for me and you,but the real problems lie not with a scholastic view of these things. The real problem with creating a two tiered society is when the masses get up and revolt against the upper classes. I foresee that this is a possibility not only here but around the world. I think there may be lots of work stoppages,union problems,and generally a disgruntled work force,since the middle class has lost ground while the rich are prospering. It is not a case of revenues,but of perceived inequities,the job is to fool the poor into believeing they are wealthier also. Propaganda in a democracy is more prevalent and insidious than in a communist or socialistic society.
Hiram
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