Buying Off the Middle Class
Now, don't get me wrong here, I sure appreciate that the government is giving
us some money to help "
stimulate the economy". I will sure but it to good use.
However, I can't help but feel like they are simply trying to buy off the
middle class. All it seems to take is a fist full of cash waved in front of
our eyes and we fail to notice things like the richest of us getting taxed at
about 15% while the rest of us get socked with 25% to 30%. Or the fact that
this thing also comes with an extension of the tax cuts already in place. You
know, the ones that already favor the rich? How about we try this out for an
idea? Lets tax the rich at 25% to 30% and the rest of us at 15%? Wouldn't
that put more money in the governments coffers for programs to benefit all and
also put more money more consistently in the middle classes pockets? If the
middle class drives the economy as I've read around the net then wouldn't it
make more sense to increase the buying power of the middle rather than just
give them a one time pay-off? I'm no economist but this strikes me as a
shortsighted solution to a long term problem.
My personal plan is to take this money if/when it arrives to pay off any credit
cards we have and then put the rest away for if/when the economy tanks for
real.
Now, I've done it. I've made a post about politics. These usually get some
good comments.