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To: ksen

The evidence is clear from the government data. You can start by reading this.

“The post-tax-cut surge in economic growth and tax revenues helped drive down the deficit from 3.5% of gross domestic product in 2004 to 2.6% in 2005, to 1.9% in 2006 and to a manageable 1.2% in 2007.”

Read More At IBD: http://news.investors.com/ibd-editorials-perspective/113012-635352-bush-tax-cuts-did-not-cause-deficits.htm#ixzz2E6MZRQKP

As for wealth concentration, can you show me the evidence where the middle and lower class is worse off than they were 50 years ago? Everyone of them have heated/air conditioned homes, cars, flat screen tvs, phones etc.?


14 posted on 12/04/2012 8:39:53 AM PST by koraz
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To: koraz
"As for wealth concentration, can you show me the evidence where the middle and lower class is worse off than they were 50 years ago? Everyone of them have heated/air conditioned homes, cars, flat screen tvs, phones etc.?"

Financed by debt. It is unarguable that the top percentages of income earners have reaped the majority of economic and productivity gains in this country. Throwing out there that people have flat screen tvs now is equivalent to Marie Antoinette stating, "Let them eat cake."

The argument should be on whether or not you think this is necessarily harmful in the long run.

35 posted on 12/04/2012 8:58:35 AM PST by ksen
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To: koraz

Actually the people that have all those material goods are the American “Poor”!


70 posted on 12/04/2012 10:01:21 AM PST by massgopguy (I owe everything to George Bailey)
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To: koraz

The middle and lower class have gotten hourly wage increases —oh HRI is tied to all union contracts..and the every one pays more for every thing cause the cost of all products, goods and services go up...


107 posted on 12/04/2012 2:34:08 PM PST by rxtn41
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