Originally Posted by Rohirrim
Because look around. This is the result of 30 years of tax breaks for the rich. The biggest mistake that happened in this country is when Reagan convinced a bunch of people that the government is our enemy. What factor created the greatest growth in our history? Investments in infrastructure, education and science. Not giving billionaires more billions to stash offshore.
Invest with what money? You want to borrow more money from China? We're 16 trillion dollars in the hole and running a trillion dollar deficit every year!
I'm not saying that infrastructure, science and education are pointless things. We're already "investing" in those areas. We've spent 100 billion dollars on infrastructure in the last stimulus bill, and we're nearing a trillion dollars on education spending on an annual basis.
What we need is a pro growth tax reform that jump starts the economy, allowing small business to hire more people because this is the worst and slowest economic recovery in American history. It's pathetic.