If the President’s Commission (Simpson, Bowles et al) wish to address the growing cost of Social Welfare, they need to address the cause of that growing cost: the growing inequality between the very rich and the very poor in America.
A Financial Speculation Tax will discourage speculation (short-term “quick buck” gambling) and encourage Wall Street to invest in the private sector on “Main Street”.
The Glass-Steagall Act should be reinstated as well.
Greetings,
If the President’s Commission (Simpson, Bowles et al) wish to address the growing cost of Social Welfare, they need to address the cause of that growing cost: the growing inequality between the very rich and the very poor in America.
A Financial Speculation Tax will discourage speculation (short-term “quick buck” gambling) and encourage Wall Street to invest in the private sector on “Main Street”.
The Glass-Steagall Act should be reinstated as well.
Kindest regards,
James
@torkelson100 said, “…cutting taxes actually is the best way? to spur economic growth.”
Strange. It has **NEVER** worked before. Reagan’s economic guru Alan Greenspan has publicly said that it won’t work and cannot work.
I wonder what the magic will be this time.
Oh, wait. I know their magic.
It’s idiots like you who wouldn’t know logic if it walked up and bit you on the ass.
@torkelson100, our biggest fear is that Truth trashing, ignorant, science denying, intellect hating traitors like you will gain further control.
A liberal’s biggest fear is that their lie will be exposed and the truth is cutting taxes actually is the best way to spur economic growth.