80 years of socialism with do that to a country. The more innovation that comes, the greater the need to service it. Horses traveled just about anywhere. Vehicles need roads, repairs and a billion signs telling them what they can and can't do. Sure, a car is a nicer ride but at quite the cost.
80 years of socialism with do that to a country. The more innovation that comes, the greater the need to service it. Horses traveled just about anywhere. Vehicles need roads, repairs and a billion signs telling them what they can and can't do. Sure, a car is a nicer ride but at quite the cost.
Gorgo, I would argue that it's been a socialism that largely provided few benefits to the public. As I've noted many times, we pay enough taxes for a cradle to grave nanny state, but receive almost nothing in return in the way of services. It's more of a socialism for the rich, as I described in my book "Survival of the Richest." Thanks.
No one has tried the Huey Long "Share our Wealth" plan. Huey wanted to exempt the first million dollars of income from any taxation. That would be about 12 million today. So you know whose ill begotten gains he was coming after- the absolute top of the One Percent. Especially since LBJ's "Great Society" years, the "redistribution" has been from the middle class to the elite. The goal is to squeeze out the middle class altogether. Huey's plan would have empowered and greatly expanded the middle class.
80 years of socialism with do that to a country. The more innovation that comes, the greater the need to service it. Horses traveled just about anywhere. Vehicles need roads, repairs and a billion signs telling them what they can and can't do. Sure, a car is a nicer ride but at quite the cost.
Gorgo, I would argue that it's been a socialism that largely provided few benefits to the public. As I've noted many times, we pay enough taxes for a cradle to grave nanny state, but receive almost nothing in return in the way of services. It's more of a socialism for the rich, as I described in my book "Survival of the Richest." Thanks.
Yep, that is a very informative book. I'm passing my copy on to my daughter.
Thanks, Ed!
And that's the problem with redistribution schemes
No one has tried the Huey Long "Share our Wealth" plan. Huey wanted to exempt the first million dollars of income from any taxation. That would be about 12 million today. So you know whose ill begotten gains he was coming after- the absolute top of the One Percent. Especially since LBJ's "Great Society" years, the "redistribution" has been from the middle class to the elite. The goal is to squeeze out the middle class altogether. Huey's plan would have empowered and greatly expanded the middle class.
Sounds more like the 'Keep your hands off our wealth' plan, which would be a good start!