Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Federal appeals court allows Rumsfeld torture suit to pr
Message
 
 
To
11/08/2011 17:51:43
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
General information
Forum:
News
Category:
Social
Miscellaneous
Thread ID:
01520565
Message ID:
01520783
Views:
39
>>>There is nothing that a flat tax could not fix
>
>See if you can get hold of Joseph Stiglitz's article in April's Vanity Fair. He is a Nobel-winning economist who asserts that not only is the top 1% NOT shouldering an unfair burden as has been asserted here, they're imposing huge costs on the US economy and sense of identity, including the sense of fairness that you mention. Most critically, the great driver of productivity- the ability for the middle classes to "make it" through hard work and business success to become truly wealthy- is increasingly unlikely. Stiglitz backs it up with employment figures and youth disillusionment with the current system in which they feel they have little stake.

Obama won a Nobel price too and that kind of devalued it <g>. I don't know where Mr. Stiglitz started his work career but I could share with him where I started see how his figures change <g>.
"The creative process is nothing but a series of crises." Isaac Bashevis Singer
"My experience is that as soon as people are old enough to know better, they don't know anything at all." Oscar Wilde
"If a nation values anything more than freedom, it will lose its freedom; and the irony of it is that if it is comfort or money that it values more, it will lose that too." W.Somerset Maugham
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform