Sounds like you're the one trying to sound superior by passing judgement on a group of people based on your association with some of them (i.e. stereotyping). You said it again "the large percentage in this city...are not great people". So you've dealt with ALL of them? Maybe they are simply not great to YOU. Because those guys are rich they are bad people but because you are not rich you are a good person. Right.
What do you mean it didn't work when Reagan tried it? Our economy rebounded in the '80s. Cltinton cut the capital gains tax and raised income taxes only slightly and the economy was even stronger in the '90s. If you have 8 million, you will at least put it in the bank and the bank will lend it out. America needs more savings anyways. As far as the hardest working people being poor, can you source that?
Good lord. You do realize that, since it is such a small percentage of the Houston population, I am talking about 15 or so people, right? And, no, I am not just talking about my dealings with them, but additionally how I have seen them with others and stories I have heard from people I respect, etc.. Again, I did not say they are bead because they are rich...just that a lifetime of overprivelege and never having to work seem to have been bad combinations for these people and their "people skills". Keep in mind also that many of these people actively cultivate and are proud of their "bad person" public personae. I certainly never said I was a good person, either. Oh well.
I mean during the 80's writing hot checks to make everything seem great ended up growing govt. spending in the long run because of the interest on the debt. I won't blame the huge unemployment early in his presidency entirely on him either, but the trickle down economics theory wasn't good for the poor in this country at all. Reagan wasn't as bad as Bush, because REagan at least raised some taxes, and gave the appearence of not wanting things to get unrealistically out of hand with debt and deficit spending.
what the hell are you talking about?!? you have yet to mention anything regarding the topic of this thread.
I find this whole debate very troubling. My experience with third world countries tells me that vast income disparities aren't very good for society in the long term. What to do about it makes me more uncertain. In general I believe in free trade and the capitalistic system even though it does produce inequities. One thing I'm all for is the estate tax because I think people deserve to get rich through their own efforts but I'm not sure about handing down wealth unfettered and creating a permanent aristocratic moneyed class.
