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 Coffee Shop : CNBC -- critique.

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To: kvkkc1 who wrote (12961)3/10/2004 1:31:05 PM
From: BarryRead Replies (1) of 17218
 
you need to read through several of lizzie's posts before making uninformed comments - otherwise you would definitely NOT characterize her as a liberal, let alone whiny.

kerry will not be much different than bush - both cannot stem the tide of free trade. but - they can try better to alleviate the pain experienced by more and more people who aren't participating in this economy. otherwise, what naturally ends up happening is armed revolution, as has happened so many times in the past where wealth was far too concentrated.

yes - corporate taxation should be ELIMINATED. but taxes on those who benefit greatly from the system SHOULD be higher since they are the ones who benefit from the maintenance of such a system. Why should the poor and unfortunate pay to support a system that does not benefit them?

BTW - the tax cuts for the high income and wealthy have already partially kicked in, and even ACCELERATED by recent tax laws, including the one passed last year. And there are more to come - not the recipe to follow when EXPENDITURES by Bush and Congress continue to SPIRAL higher.

That's why the dollar will continue to fall and our relative wealth will DECLINE vs. the rest of the world. While Bush doesn't deserve the blame for rising unemployment here, he does deserve credit for laying the foundation for harming the future of our economy. Hopefully the next leader will have the strength to do what is unpopular and straighten out runaway govt spending and set up a plan to slowly UNWIND and eventually eliminate social security.
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