Reply #7: Insanity Inanity [View All]

[orwell]

There are a lot of poor ill-informed people who pay Insanity's salary. He just doesn't care to see it that way.

As far as progressivism in tax rates, it is true that the asset holding class gets far more from "big gubmint" than those on the lower rungs of the ladder. This is an unspoken subsidy from the taxpayers to the asset holding class.

The whole tax system is grossly unfair. It has been rigged by the political donor class. But it is also true that federal, state and local governments represent far too much of GDP, currently around 50%. In fact, it is government that has been keeping the miserable job market afloat. The private sector is outsourcing any and all jobs it can as fast as possible. It is the only way they can keep profits rising, to keep Wall St happy.

The US is in the late stages of empire, where financialization replaces real economy in a casino society structured to punish savings and reward consumption. The road to ruin has always been paved with these stones of societal decline.