11.11.2012

U R F'd: Why taxing the rich won't come close to paying for Obama's spending

America just voted resoundingly to give Obama a blank check to keep spending like a drunken sailor, under the misguided belief that taxing "the rich" would pay for it.

Good luck with that. There simply aren't enough rich people out there. If you are in the middle class, we are going to have to tax the crap out of you to keep up with Obama's spending... unless we just go Full Zimbabwe and let the Fed print all the money Obama needs.

No comments:

More stuff that broke around 1971

We've noted before  that a bunch of economic trends turned bad when Nixon closed the gold window and we launched into the current pure f...