The real message to take from this is that the Republican filibuster tactics have stopped us from passing the size stimulus package that history proves is necessary to deal with such an economic collapse.
I always say, since everybody on the right and left describe our economic troubles as 'Like The Great Depression' then why don't we see any stories recounting how we got out of the Great Depression?
Between 1940-80 the wealthiest Americans paid between 70% to 90% federal income tax and that's what allowed us to build the American Dream. How else could we afford it? Between 1940-80 we fought and paid for WWII, Korean War, Vietnam War, we built our US Interstate Expressway system, Roads, Electrical Grid, Telephone, our main Bridges and Tunnels; we Made every Car we Drove and we wore just the Clothes we Sewed and WE WENT TO THE MOON SIX TIMES-AND WE PAID FOR IT ALL! Here's the link. Go to section 21.5 and Get out ye encyclopedias... TRUTH:http://en.wikipedia.org/wiki/Income_tax_in_the_United_States#1930_-_1980
June 1, 2012
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