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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: John who wrote (33262)	12/10/2010 11:03:39 AM
From: Horgad	1 Recommendation Read Replies (1) \| Respond to of 71455

"I think we may disagree about whether it should pass. I think the tax cuts should be expanded and made permanent, including for the wealthiest. I equally think that government spending should be cut to the quick and most social programs eliminated. The government is far too large and has far too much money to spend." I don't think anybody will argue with you about the government being far too large, but I wouldn't ignore class inequality. That is a problem that will continue to grow and won't go away on its own. Also, I don't think it will be solved by simply shrinking the government budget though it seems like there might be some relationship there. I think if you shrink the government budget and don't do anything, all you will accomplish is moving some power and wealth from the gov. and into the hands of the elite in the private sector. One, they will benefit the most from the tax cuts and two, they will find a way to grab up the extra dollars from any tax savings that the lower classes get. I don't like or trust government tinkering to solve class inequality, but what are the other choices? The Laissez-faire people say everything would be just fine if the government would just butt out, but I say BS. This isn't the America of old where anybody could stake a claim on some land and make of it what they could. The lines have been drawn, the powers have been established, and the statistics clearly show an ever narrowing group of "haves" and an ever broadening group of "have nots". What we need is not just a smaller government, but also some way to increase upward mobility and grow the middle class.