The "recovery" is a lie and a sick joke. Over the last 20 years since the passage of NAFTA and GATT, well paying jobs have been leaving the country and low wage service industry jobs have replaced them. As our economy has long been a consumer based one, the problem is simple: no or low paying job==little money to spend==lousy economy==companies unable or unwilling to expand or grow and hire but rather contract or automate making the economy worse. Rinse and repeat.
People MUST realize that Income taxes are mainly for the Middle and Upper Middle class. The truly wealthy have all of their money in investments, trusts, foundations and pay little tax. If you want to go after them, raise the capital gains tax. In addition, Repeal NAFTA and GATT and put tariffs on all goods made outside the U.S. Have all multinational corporations that are headquartered outside of the U.S. and pay little tax to be considered foreign and tax them properly. Give U.S. companies huge tax breaks for every American worker they hire and tax them for every worker offshore. If you did this, it would all of a sudden make economic sense to move operations and jobs BACK to the U.S. and would greatly improve the economy.
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