PMZ,
What you've stated as fact in your last couple of post in reply to Conservative's anti-Obama/pro-capitalists rants is EXACTLY what many of us have been saving for quite some time now. I'm glad someone of wealth has finally begun to echo the concerns many of us "commoners" among the labor force have been saying for years.You've essentially echoed what the President said in his SOTU address.
(paraphrasing) a man who works 40 hours a week should reasonable assume he stands a chance to get ahead.
There are millions of hard working Americans like myself who do the right thing everyday. We go to our full time job, put in an honest day's work, pay our bills and our taxes while trying to live within our means, and are positive members of society. But with each passing day WE are finding it increasingly difficult to stay ahead.
So many people who think as Conservative does refuse to see how economic policies of the past first initiated during the Reagan-era and accelerated during the GWB-era may be helping those of great wealth like yourself, but they're hurting those in the middle especially those in the lower-middle class (incomes below $60k/annual). What that means to them is even IF you do as your parents did/are doing - go to college, find a job, work hard - you still may not make it because few parents of college students today OR the students themselves are able to afford a quality college education out of their own pocket due in large part to the wide gap in income inequality. It's crazy to think that foreign-born students can come to the United States and have most his/her college education paid for by the government, but a child born in this courty but comes from modest means has to take out 10's of thousands of dollars in student loan debt just have a chance. Yet there are folks out there who complain about the government issuing Pell grants to its own citizens.
Craziness!
Or complaining about the poor not paying any taxes.
Craziness!
Or the rich having to pay a marginal tax rate at or above (16%) their employees.
Craziness!
I don't begrudge the rich. Not at all. I applaud anyone who had an idea for a product or service, worked hard to create it, perfected it, took their idea to the marketplace, promote it and made millions from it. Not problems by me whatsoever. But if you made your millions mainly from investments, private equity or by taking advantage of the tax code, I do have problem with that because such tax rules where bought and paid for through crony capitalism over the past three decades specifically for the rich to get richer and the rest of us to stand pat in mediocrity.
So, again I applaud you for chiming in with your honesty.
(Oh, Conservative, BTW you're still on my ignore list. So, unless someone quotes you I have no idea what you're talking about... not that I really care.)
