(04-09-2012 11:20 AM)NJMaverick Wrote: In a nut shell it's simple math. 99% can buy more goods and services than 1%. Thanks to the efforts of the 1% and the GOP that the own, the 99% has seen stagnant or declining wages, 100s of thousands of government workers have been laid off and unions have been under constant attack. As a result of this people have much less money to spend. That spending is what is needed to really get the economy going.
So the bottom line, if you want or economy to truly prosper the GOP and Tea Party must be defeated so that wages can rise and people can get back to work.
Oh, most definitely and undeniably. Yet "conservatives" continue to deny the undeniable and they continue to push "supply-side economics" either overtly or by stealth.
Think about all of the extra money that the top 1% get. They don't need it. They don't spend it on things. It's funny money so they what do they do with it? They don't care if they lose it because it's funny money so they'll put it into the most speculative things like credit default swaps with the notion of the highest returns and they create bubbles.
Concentration of wealth is a very unhealthy condition, and the "conservatives" pull the old "Those aren't the droids you're looking for, move along" routine. No facts will be considered by them.