CDQ mentions the quadtrillion amount produced by the stock market and talks about a 1% tax. CDQ, most stock investments are retirement funds. People will pay the tax when they withdraw money. Day traders and people trading to make money do not pay tax until they withdraw it. Taxes are already paid, but most money stays there being invested, sold and reinvested. Only when individuals sell their stock do they pay taxes. If it is used immediately it is capital gains tax. If it is used for retirement, it is income tax.
When our nation was at it's peek, say 1960, the divorce rate was far lower, people stayed married. It is a fact that married couples, even if they have poor incomes, have a higher standard of living than a single person with kids.
Another fact: 75% of gun murders in America is in 4 cities, New York, Los Angeles, Chicago, and Washington DC. 90% of these murders are black on black. Libs are not even addressing the real issue here, because it would be "racist". Why, because most blacks do not marry, most black kids are raised by a single mom. Welfare mentality with money and food stamps keeps them there, and they never really try to succeed, because it requires work and persistance. Welfare mentality keeps people poor.
Another fact, and both parties are to blame here. Under Clinton, the free trade agreements were signed, last one being with China in 1998. This sucked the factories we had, especially labor intensive factories, overseas. These factories provided health care and a low middle class income at worse. In 1989 after Reagan, about 19% of Americans worked in factories. Today it is only about 10-11%. From 1960 - 1989 we went from about 30% working in factories to 19%. This without free trade, but with more computers and robotics.
The only reason the rich got richer during Clinton and Bush is because they had money to invest in the stock markets while poor did not. Stocks rose rapidly thus making them richer. However, it is all paper for the rich, only when they sell their stocks and bonds and use it for themselves, does it actually MAKE them richer. Middle class invested using their 401k plans for their retirements.
Another fact: The average poor family in American has around 1,100 sq feet of living space in their homes or apartments. They also have at least one big screen tv, washers, dryers, microwaves, and refrigerators, and a used car. The MIDDLE class European and their so call socialist utopias, have an average of 800 sq ft per family, one car, refrigerator, and maybe washers, dryers, and a TV. Less wealth than the average poor American. Hmmm.
Average american family has at least two cars, three TV's, microwave, refrigerator, washers, dryers, and an 1,800 sq ft home. So who is really poor, American poor, or European-Japanese-Chinese middle classes.
Another fact: The average dollar you spend goes around 7 times before it gets back to you. The more we import, the more drain on our economy. Develop our own oil, natural gas, and coal, and all this money stays in America creating jobs, not going to the middle east for them to spend our money somewhere else.
We must rework our trade agreements to benefit us, not others. We must develop our own natural resources. How, Get government to solve these free trade agreements and allow us to develop our resources.
Another fact: Obamacare isn't going to work, it is creating nightmares in implementation and doesn't provide one more doctor. Retailers are going to 30 hour workweeks for most of their employees. The penalty in 2014 for not having insurance will be less than the cost of private insurance. More healther younger part time workers will just opt out and pay the penalty. Thus less insured, and more insurance companies going bankrupt. This is going to cost more and take more money out of circulation stimulating the economy. Alreay health care costs have risen 14% from last year and Obamacare was to make it more afordable. This hurts the economy also.
