Lemon law
Lifer
- Nov 6, 2005
- 20,984
- 3
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It seems to me that this thread has three different answers depending on income.
Pre-September 2008, in which the GWB tax cuts overall hurt those who made under 100K/yr and helped those who made much above that amount, we actually saw the middle class move backward while the gap in incomes kept rising, and in that sense, Hannity could honestly say he did better. As the middle class got a little bitty tax cut, the Rich got a huge tax cut, and the rest of the spend and borrow was simply put on the national credit card. And certain industries like defense contracting and de-regulated investment firms did way way better.
Post September 2008, when the poison pills GWB&co had been feeding the economy inevitably caught up and hatched into the festering monsters they have become, both Rich and poor now suffer, and if nothing else, as the bigger part of the food chain is now really sickened, the Rich are going to have to increase their share of the economy or fall behind in the shared misery.
Pre-September 2008, in which the GWB tax cuts overall hurt those who made under 100K/yr and helped those who made much above that amount, we actually saw the middle class move backward while the gap in incomes kept rising, and in that sense, Hannity could honestly say he did better. As the middle class got a little bitty tax cut, the Rich got a huge tax cut, and the rest of the spend and borrow was simply put on the national credit card. And certain industries like defense contracting and de-regulated investment firms did way way better.
Post September 2008, when the poison pills GWB&co had been feeding the economy inevitably caught up and hatched into the festering monsters they have become, both Rich and poor now suffer, and if nothing else, as the bigger part of the food chain is now really sickened, the Rich are going to have to increase their share of the economy or fall behind in the shared misery.
