Monday, September 19, 2011

Class warfare indeed


The economy stinks, but the rich have the biggest share of wealth ever.   And with few good investments available, they're just sitting on their money -- rather than spending and circulating it like the rest of us do.  No wonder the economy stinks!

It's a self-perpetuating problem.  The solution is to restore taxes on the rich to where they used to be.  Not only is this better for deficit reduction than taxing folks of lesser means, it helps get the money moving again!

The middle class is suffering.  If the rich now scream "class warfare," I can only thank them for finally acknowledging the truth.