socrateazz

How Can We Get the Economy Back on Track?

I agree with all but number 6 That is an excuse to justify wealth in businesses which are mostly losing value because their production is not currently toward increasing business wealth as much as trying to hold the wealth coming in. The good economy I believe is the result of pulling wealth out of companies for the last twenty years and moving it through society. The problem is: Most of that source of wealth is gone and will not be back. The attempt of taking wealth from the people will not be accepted as easily. For one thing the middle class has been inudated by income tax creep. Those close to poverty used to pay nothing. Now they are the source of income. Progressivity at work! If the balance of trade does not even out, there will be no help for US citizens for the wealth has been sucked over seas. Government grows to believe it is essential for their country so it inflates until their is little left for the workers. Dark ages revisited. My take....What goes around comes around. And it is coming fast!