Quote Originally Posted by cross777 View Post
is he crazy sure, was he right yes. when your right it does not really matter if your crazy or not. you can not say glen beck did not call this mess cuz he kind of did so we really should have been listening to him dont you think
cross, this has been coming since the Reegan years. He lowered taxes for higher earners based on the idea that if you let them keep more of their money they'd try to earn more and that would trickle down to lower earners who'd make up the difference in tax revenue. Thanks to defence spending it failed. (Can't blame them back then. They had the Soviet Union to deal with.)

So it's not like this hadn't happened before.