Every time the American people have been suckered into lowering the taxes on the wealty it ends the same way, in a recession. How did the 20's end up?but the "period where our middle class was strongest" breaks down into two decades; the 1920's (when the middle class was largely created out of formerly lower class people) and the 1980's (when huge numbers of the middle class began to move up the ladder into the upper middle and upper classes).
.you seem to have "strength" confused with "flatlining". in reality, the average poor person today lives a life similar to the average middle class person circa the ever-vaunted 1950's. the 50's were only celebrated because they were experienced by people whose memories were dominated by the Great Depression and WWII
The 50's only required one bread winner in the family to stay above the poverty line, today more and more of the middle class are sliding into poverty with both parents working. We narrowly avoided another Deoression through the stimulus spending and we've had multiple wars that have lasted much longer than WWII. At the same time the wealth of those at the top has been increasing. And you are surpised the middle class is starting to buck?
I'm all for massive cuts in spending. Let's start by reducing our military spending by one fifth and ending our optional wars.incidentally, the 'boom of the 50's? was kicked off by a massive reduction in government spending
Look at what our military spending level was in the 50's.
It is not running a deficit. All payments have been made without adding to the National debt.popping the cap wouldn't give us nearly enough revenue to meet our liabilities. and given that the program is already running a deficit, the "lock the funds" idea is pretty much locking the barn after the horse has escaped.
If you find evidence to support that claim be sure to let me know.so your suggestion here wouldn't solve the problem.
Yep, and he was absolutely correct. How can we expect a representative government to be smarter than the group of people they come from?now that is generally true. Was it Twain who said that? That "Democracy ensures we shall be governed no better than we deserve."?