% | $
Quotes you view appear here for quick access.

General Electric Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rdietsche34 rdietsche34 Oct 25, 2011 5:48 PM Flag

    Raise taxes to redistribute the wealth

    You summed it up quite well. Those 20% that inherited their wealth have no idea what the rest of the hard working Americans go through to just make a living. I have been in Countries where you have the super rich and the poor. The middle class basically doesn't exist. Our Country is moving that way with the Republicans running the show.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • .

      The Prog_Hole Democrat class warfare AMT policy, created in 1969, was directed at 155 individuals. That policy has now been allowed to grow, like the Democrat cancer it is, to punish millions of middle-income families each year. Another dirty trick created by the ruling class elitist Prog_Holes in that commune on the Potomac.

      The debt has increased 4,700% since LBJ and his "Great Society" "War On Poverty" schemes. The ruling class elitist Prog_Hole Democrats love enslaving generation after generation as they fill their own pockets and their accounts and laugh at their useful idiots who keep voting for them.

      Fallout from the FDR days. In 1940, there were 159 taxpayers paying for the benefits of each Social Security recipient. In 1950 that ratio stood at 16.5 to 1. In 1960 the ratio stood at 5 to 1. In 1970 the ratio stood at 3.7 to 1. In 1980 the ratio stood at 3.2 to 1. In 1990 the ratio stood at 3.4 to 1. In 2000 the ratio stood at 3.4 to 1. In 2010 the ratio stood at 2.9 to 1. By 2030 the ratio is projected to be at 2 to 1. One of the biggest scams ever. Obviously the Social Security scheme ended up enslaving future generations.

      >>Over the long run, as the baby boomers retire and health care costs continue to grow, the situation will become far worse. By 2025 revenue will be able to finance only interest payments, Medicare, Medicaid, and Social Security. Every other federal government activity – from national defense and homeland security to transportation and energy – will have to be paid for with borrowed money. Debt held by the public will outstrip the entire American economy, growing to as much as 185 percent of GDP by 2035. Interest on the debt could rise to nearly $1 trillion by 2020. These mandatory payments – which buy absolutely no goods or services – will squeeze out funding for all other priorities.<< - Report of the National Commission on Fiscal Responsibility and Reform, December/2010

      Democrats are thieves. Democrats are a menace. Democrats are a hazard to the well-being of the USA and the American people. Democrats are fiscally insane. Democrats love enslaving generation after generation. Democrats and their schemes are killing the USA. Democrats should never be in charge of anything.

28.26+0.81(+2.95%)Feb 12 4:00 PMEST