I haven't vetted any of his talking points, just thought they were interesting and while there may be some truth in what he says, I doubt it's this simple.
http://www.youtube.com/watch?v=JTzMqm2TwgE&feature
Talking points below:
1. The economy doubles since 1980, but wages flat. Where did the money go…
2. All (or most) of the gains went to the super rich. And…
3. With money comes political power. Taxes on super rich slashed, revenues evaporate (capital gains taxed very low and are a major source of income for super rich ) and this leads to…
4. Huge budget deficits. Middle class agitated, fights for scraps…
5. Middle class divided. Buying and borrowing slow. Resulting in:
6. Anemic recovery/economy.
http://www.youtube.com/watch?v=JTzMqm2TwgE&feature
Talking points below:
1. The economy doubles since 1980, but wages flat. Where did the money go…
2. All (or most) of the gains went to the super rich. And…
3. With money comes political power. Taxes on super rich slashed, revenues evaporate (capital gains taxed very low and are a major source of income for super rich ) and this leads to…
4. Huge budget deficits. Middle class agitated, fights for scraps…
5. Middle class divided. Buying and borrowing slow. Resulting in:
6. Anemic recovery/economy.
