Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.
Alexis de Tocqueville
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
You talk big, but have no actual plans, arguments or vision.Only if we had weak leaders and a paniced populace that believed we were incapable of forging our own success.
Except all hard assets have their own valuation issues.The dollar become artificial when they removed a hard asset to back it up.
Ireimon has already refuted these arguments time and time again. Furthermore you ignore the massive spending under those Presidents which to any decent student of economics knows will increase GDP, and due to multipliers increase money flowing into the hands of people assuming velocity is reasonable. You are only looking at one side of the equation.JFK, Reagan and Bush all cut taxes, each saw tax revenues soar. Lesson being, free the markets, free the people, and watch the magic happen.
Furthermore, the Laffer Curve is true only on a specific point. And Laffer himself rejected his argument. Moving from 100% marginal tax to 50% will increase activity and taxes. Moving from 35% to 25% is far more questionable in producing your claims.
It will happen when the American voter realizes just how screwed we are. In all honesty, Bush and Obama's spending really is immaterial compared to the Financial Oblivion that is coming. An extra $7 trillion in debt is nothing when you are already $50+ trillion in the hole.Cutting spending? HAHAHAHAH... yeah not till Joe American get's over the "I'll vote for whatever politician will bring home the bacon!"
"If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu