- Joined
- Jul 10, 2012
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- 4,136
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- Political Leaning
- Slightly Conservative
The best way to reduce the deficit is with a strong economy. The economy grows best when we have a strong middle class. If the GOP had stuck with their refusal to extend the middle class tax cuts to protect the tax cuts for the wealthy, we risked another recession.
You have it completely backwards. A strong middle class, is the byproduct of economic growth. Sustained full employment and robust economic growth causes wages to rise, which move people who used to be in the "lower class" into the middle class. This isn't the result of government, this is the result of industry. Government plays a role in education, infrastructure, in specific cases capital investment, etc., but these should ideally be tailored to what the economy needs, not what the "middle class needs." You cannot just make rules that say to protect the middle class and expect it to be fine and dandy. The middle class has to be built by the economy, and in some cases rebuilt when certain industries become obsolete and new industries must emerge. The middle class on a global scale is booming, it is expected to double by 2020, and nearly triple by 2030, and that will have enormous dividends for our sectors as wages start to rise in those countries and our workers become more competitive.