Has any of these number crunchers taken a token reduction in pay or are they stuffing thier bank accounts so when the country goes nuts they have a financial life raft to make to another country with? I think the wealthy people who consider themselves international citizens have an exit strategy. Just sayin.
O'Brother wants to raise taxes which you don't do in a depression..
Wait until the market opens on Monday.
We will be another Greece, flat broke and needing a handout.
Boehner and his ilk want to makes cuts to medicare.
WHICH YOU SHOULD NEVER DO!
@ Darroll up there........the President is not talking about an across the board tax hike...just on the top 2 or 3 percent of the richest......the one's who CAN AFFORD it!!!!
And it's not a tax hike, it is closing their tax loopholes which should be done anyway, and cutting the subsidies to corps. that don't need them. Good Lord!!! what is so wrong with that???!!!
In order to come out of a recession or depression someone has to spend money. There is not other way. The rich people are not spending and They are not creating jobs. What is the difference between raising taxes and cutting benefits to the old, the poor and the disabled. I would say you should not do that in a recession either. Those people spend money when the have it.
During a recession is the very worst time for government to cut spending. Much worse than increasing taxes on people who won't spend the money anyway.
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