your debt and my debt.
I don't have any debt.
Who's invention is this?
the republicans in office.
It was your invention. You made the claim. That doesn't mean the claim has any validity.
they went to congress, not the other way around.
The repubs didn't do what they wanted. They did what you wanted, what you forced upon them.
also, the republicans promised wealth trickle down so they MASSIVELY reduced taxes on the wealthy,
JFK said, "A rising tide raises all boats". By that he meant if government reduces the taxes of the productive side of economy, everyone is benefited more than if government raises the taxes the productive side.
but the biggest part of the trickle came in the form of idiots spending their tax reductions on bad mortgages.
According to you nothing trickled down to Lil Guy, yet it was Lil Guy who was grabbing for the RE brass ring.
you really don't know or understand how the losses are being socialized? really?
The losses caused by Lil Guy's greed will be increased when Lil Guy puts socialists in office.
Do the poor benefit when the rich get less?
in this case, ABSOLUTELY!
Take from the rich and give to the poor, yet after the first round, when the rich have been reduced to a level where all the socialist leaders stop wanting to reduce their own wealth, and after the poor have spent their ill gotten gains, where does that leave the poor? Destitute.
if the idiots hadn't gone out and spent all their cash on worthless assets, we wouldn't be looking at a realistic GREAT DEPRESSION, PART TWO.
Are you calling Lil Guy an idiot? In the new socilaist order you will be pilloried for such speech.
of course, a great depression will hurt the poor and middle class the most.
Depressions come when government restricts the producers from supplying the wants of all. What do socialists do? They restrict the output of the producers. Review all socialist nations. To the extent they have been socialist, to that extent they're hitting the skids. One can see this in how rapidly their currencies are deteriorating against the dollar. |
