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Re: undoing the new deal and subsequent protections

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 27 Sep 12 6:09 PM | 30 view(s)
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Msg. 10354 of 54959
(This msg. is a reply to 10351 by DigSpace)

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couldn't have said it any better. their dream is my idea of a nightmare. but they have been laying the groundwork. hopefully, this administration represents the beginning of a long period of us success adopting a more cooperative model in which folks adopt and fund a smart government model (not too big, not too small, investing in things that make sense like education, discovery and infrastructure), while retaining a culture of individualism, innovation and enterprise - which is a us tradition - all supported by a tax curve that lets wealthier folks retain a fairly large portion of their income above a minimum contribution. the romney line should be set at 20% or maybe 25% of income for federal tax purposes if a person earns an income of $1m. these folks shouldn't be free riding on the back of everyone else's contributions.


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The above is a reply to the following message:
Re: undoing the new deal and subsequent protections
By: DigSpace
in ALEA
Thu, 27 Sep 12 5:46 PM
Msg. 10351 of 54959

certainly the goal has been to undo the New Deal.

The New Deal created the middle class. The dismantling of organized labor has undercut the middle class, dismantling the New Deal would finish the job.

The dismantling of organized labor has shifted the onus of middle class maintenance to the public sector for some, and just an erosion of purchasing power for others.

The pace towards a more extreme bimodal distribution of wealth, income and opportunity in the US has been steady. It seems to me the only way to stall or reverse the trend is more progressive taxation, an increased role of government as the consumer (and indirectly jobs provider) and a federal takover of health care.

I see this as a direct consequence of dismantling organized labor, and a series of predatory trade/investment policies.

They made their bed. Now they have to try to sell the morality of an extreme bimodal distribution as being fundamentally more American and morally superior.

For some time they have been effective in selling that notion, I am inclined to think the chances for a reversal of that are good, but their successful efforts to put gov deeply in the red before hand gives them more leverage.


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