Even if you confiscated EVERYTHING the rich have, I am betting you do not get to $1 trillion. And that would be a one time shot, once that was gone we would be in far worse shape then we are now since we would of killed the geese that lay the golden eggs of economic expansion.
Class warfare is just one more reason we need to be here, to get the story straight.It’s a lie they will never stop doing along with us pushing granny over the proverbial socha security hill.It’s why we are lucky to have Rush and others to get the story straight.
The link to this excellent article by Walter Williams was posted earlier in this thread. Would that our politicians and spokesmen would memorize the numbers.
Back to check in. Bill Whittle did a thing about this on his site. You can find it on YouTube, I think.
Our deficit (amount we have charged) is so great that if you confiscate all of the wealth and property of all of Hollywood, professional sports players, Warren Buffet, Bill Gates, etc. you would only solve the deficit for one year.
Then everything would be gone, and they would have to come for the middle class next.
These people do not understand numbers. I heard Dave Ramsey explain it this way:
“Suppose I have a client who owes $300,000 in credit card debt. He has a salary of $50,000. And he wants to spend $90,000 every year. That is the same proportion as the government debt, income, and deficit.”