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Well...maybe. I believe we need to be a nation of savers not spenders. Too much spending, which is promoted by the government and the Fed with it's ridiculous low interest rate policies, leads to economic bubbles like the real estate bubble. Too many Americans are debt donkeys to the banks and the stinking government. Something needs to be done to eliminate the kooky income tax. We know the libs will want a very high sales tax rate. A rate of 20-30% would likely lead to dramatic reduction in consumption and cause considerable unemployment in the short term.Plus the libs will never go for it, because how could they make it "progressive" to soak the rich?
Well...maybe.
I believe we need to be a nation of savers not spenders. Too much spending, which is promoted by the government and the Fed with it's ridiculous low interest rate policies, leads to economic bubbles like the real estate bubble.
Too many Americans are debt donkeys to the banks and the stinking government.
Something needs to be done to eliminate the kooky income tax. We know the libs will want a very high sales tax rate. A rate of 20-30% would likely lead to dramatic reduction in consumption and cause considerable unemployment in the short term.
Plus the libs will never go for it, because how could they make it "progressive" to soak the rich?
