Quote:
Originally Posted by joeydb
Obviously we need both jobs and very low debt. And we used to have both, so don't tell me we can't do it again if we make policy to do so.
JMS might be right. It is also true however that an economy where 47% of the people pay no income taxes is also destined to fail. The other 53% won't keep carrying the dead weight. More and more of them will go to the side where they can have the freebies. That will mean less people paying the bills. This is the mechanism by which the economy fails.
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Joey there are plenty of uber rich folks in the 47%... Don't kid yourself.