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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (180887)	1/18/2004 5:37:31 PM
From: Amy J	Read Replies (1) \| Respond to of 1571813

David, that particular disparity that exists because the middle class are not sufficiently enough in the investor class. ( The programs you mentioned - New Deal - were buffers to this disparity at issue.) Since investments constitute a larger portion of a wealthy person's annual earnings than wages, wealth can grow faster than a wage-only earner. The disparity exists because the middle class are not sufficiently enough in the investor class. And there are no government programs to accelerate their move into investor class before teh assault on entry-level middle class jobs in say 3 cycles from now. What do you think about the Soc Sec investment plan? I liked it, even though it was a Bush program. If you don't get more middle class into the investor class, you'll end up spending even more money on New Deal programs, the very stuff you don't like. I think middle class America can be turned into global investors. That's the way out and over the fence. Regards, Amy J

To: i-node who wrote (180887)	1/18/2004 6:40:36 PM
From: tejek	Respond to of 1571813

>> Hi Tejek, good post The most interesting aspect of these posts? 3 of the 4 were from before the end of the Clinton administration. That period the Left likes to claim represents the longest period of economic expansion in history. Clinton, the man the Left drools over. It isn't about the president. It is about a liberal Congress and the legacies of the New Deal and the Great Society in which the concept of self-sufficient individuals gave way to the government dole. Those reports happen to be from the latter part of the 90s. This trend, however, has been going on for decades. If you were the competent CPA your posts suggest you are, you would know that.