Saturday, June 18, 2011

How to Grow Our Economy.

When Franklin D. Roosevelt  brought us through the first Great Depression he created jobs by investing in OUR country. He created thousands of jobs by building bridges, roads, dams, buildings, and much more. We invested in our country which put money in the pockets of the middle class. When the middle class has money they buy things. They buy cars, boats, homes, and much more. the Trickle down economics of Regan did not work and will never work because the rich don't invest because of a tax cut they invest because of an opportunity. They invest because they have people who want to buy something that they make. When you have a middle class that can Afford to buy things it creates opportunities for not only the middle class but the investor as well. We need to once again invest in the middle class and invest in our countries infrastructure, by fixing our bridges, roads, and education. Tax cuts for the rich does nothing to improve our economy. The economy was actually the strongest in the 1950 when the rich paid taxes at a rate above 90% and everything was regulated. Trucking, banking, airlines, Wall street were all regulated heavily and all of America was prospering. The results of all the deregulation since Regan has been catastrophic to our country and needs to be reversed.





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