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U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages
#12
Hoot Gibson Wrote:You show a very deep misunderstanding of how our capitalist economy works. Just to be absolutely clear, when I use the term semi-literate, I am referring to voters such as yourself.

There is always a choice other than borrowing trillions of dollars or printing so much money that we destroy the value of our currency. The pandemic is no excuse.

However, I do agree that many businesses received a windfall from the $2 trillion stimulus that should not have received it. That always happens when Congress passes big spending bills that nobody reads until after they are passed and signed into law.

No country has ever taxed itself into prosperity, yet liberals seem determined to try that failed strategy over and over.

What were the tax rates from 1940-1950, 1950-1960, 1960-1970, 1970-1980, 1980-1990, 1990-2000, 2000-2010, 2010-2020?

You will find this great talking point from the right that tax is evil and wrong and yet most people want to make America Great Again, referring to the 1950s and some of the 1960s... yet when we look at that time period. You will find higher tax rates, and one out of three were union members. Compare that to now!
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U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages - by mr.fundamental - 08-03-2020, 06:06 PM

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