Reply #175: Today's economy is not the same as the 90s economy. [View All]

[AP]

"and the model of the 1990's is the model we should fallback on to raise this additional revenue."

the top quintile is something like 190% wealthier than it was in 1992, and 32.5% wealthier than it was in 2001. The poor are getting pooer (10% more are starving this year compared to last year).

To transpose the '90s tax code on today's economy places a code that wasn't progressive back then on to a completely different reality, thus making it more regressinve than it was when we had it the first time.

Dean is extremely disingenuous and reveals a sort of contempt for the intelligence of his supporters by forcing them to defend this nonesense which happens to work in his and his mother's favor, relative to 2001.