tag:blogger.com,1999:blog-9871253.post8200146501835082390..comments2023-10-03T09:00:22.747-04:00Comments on INSIGHT on Freedom: Hey Kids, it's a Depression ... by Alan CarubaLongstreethttp://www.blogger.com/profile/06712980841544338388noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9871253.post-54594264037169409022009-01-31T18:01:00.000-05:002009-01-31T18:01:00.000-05:00The last thing we need now is a tax cut! We need t...The last thing we need now is a tax cut! We need to be raising taxes, in the forms of tariffs on all the garbage coming into this country. We are a major importer now, during the depression we were the major exporter and that's when the tariffs killed us. We could use the tariffs for spending projects like Public Works. The tariffs would also make it cheaper for companies to hire Americans to build their products at a decent middle class pay rate rather than use Chinese prison labor. Look at the textile industry of the south old friend, we could bring that back. We need to understand and come to the realization that economies are worker driven, workers have to work for good pay and have disposable income in order to be consumers, plain and simple. Profit is not a bad word, but we need to bring CEO compensation and top level pay back into line with what the folks who do the "heavy lifting" of the company make 20xs their salary is acceptable 10 to 12xs balanced but 800xs is ridiculous. The tax cuts for those in the top bracket are what caused this mess in the first place. When 10% of the people control 90% of a nation's wealth and pay 40% of the taxes that is an imbalance, then they hi jack our democracy an give us cronies like 1/2 of the Democrats and all of the republicans, except maybe Ron Paul!Anonymousnoreply@blogger.com