BOOMERBUSTER

BOOMERBUSTER
OLD CELLO

Wednesday, April 11, 2012

RE MR OBAMA AND THE BUFFETT RULE NYT

Raising taxes on the rich, while a good thing as far as it goes (not very far),


makes sense mainly only under the old, nonglobalist, economy,


where raising taxes on the rich resulted in higher wages, and or better employment opportunities, for the middle and poor, here, domestically.


With the globalist situation, raising taxes on the rich here will not raise very many less well provisioned domestic dingys, or Minnows, partly because investment and spending are now open to all comers.


Term search: Minnow, PPP, etc.

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