- I it is high time to send all Reaganomics , including tax cuts for the rich , to the garbage dump. and it is time to raise taxes to the level it was during FDR NEW DEAL .
- Reaganomics are as poisonous to the economy as the Communism that was in the soviet union and eastern Europe . because Reaganomics is built on false assumptions and myths like trickle down economy , and less taxes on the wealthy lead to more investment and job creation , therefor the business people are the job creators . this is the biggest lie . the only thing a successful businessman can create is accumulate money and try to use money to get more money and the less he spend on labour and wages the better , at least in the short term . and that what they try to do . therefore they are against high wages and unions and working hours regulation and safety ; in short against any thing that touch there immediate profits . but in the long run they impoverish the populous around them so they can't buy there product any more .
_ The economy is a cycle of production of goods and services , and the consumption of those products and services . and without the demand on those products and being actually of benefit for consumption ; no body will produce them . and if people who are supposed to pay for those goods don't have the money ; then no body will produce it . and those business that produce will go bust . so the real job creators are the market creator ; who are the consumers who are makers and producers of goods and services . and if they don't get enough to create the demand the economy weather and die .
WHAT IS THE ROLE OF CAPITALISTS AND CAPITAL ?
_ There is a similarity between biological cycle and the economy cycle and chemistry . They both are like catalysts and enzymes they help accelerate Chemical reaction but they don't become a part of the resulting formation . so for the economy the to most two essential elements are production and consumption .a k producers and consumers .WHAT IS THE ROLE OF HIGH TAX ON THE RICH ?
- If you think the role of tax , is to re disrepute wealth . you are did wrong . and if you think it will discourage rich people to invest , you are did wrong also . and if you think it will prevent investors from becoming rich you are did wrong . it will force the investor to plowing the money back as much as he can in the business , or lose it . and that will create more jobs and more product and more wealth for him and every body else . and the part he fail to use ? , the government (hopefully) will make a better use of it .WHAT IS THE ROLE OF GOVERNMENTS SHOULD BE ?
un like the the Reaganomists I think the role of government is the most important factor , for a viable economy , first - but not limited to -, as a regulator and enforcer of said regulation . and a protector of every body by administering justice to all among other things .
