tag:blogger.com,1999:blog-3508973504203483654.post305071788833918227..comments2023-07-11T03:05:26.874-07:00Comments on what dots?: Who are the real "job-creators"?legacyguyhttp://www.blogger.com/profile/04891300765685113058noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3508973504203483654.post-80219147054404836742011-02-06T10:27:36.404-08:002011-02-06T10:27:36.404-08:00I watched Michael Moore's "Capitalism: A ...I watched Michael Moore's "Capitalism: A Love Story" recently and was appalled. We all KNOW these things that Michael Moore points out to us, but somehow he has a way of illuminating truths which are easily forgotten in the humdrum of our daily lives.<br /><br />During the Roosevelt era and after (through the mid-70s I believe), the wealthiest Americans were taxed at rates upwards of 90% ... and considered it a duty to give. Certainly, I knew this at some point, but it was a stunning fact to hear uttered in context with the current Zeitgeist.<br /><br />I sometimes despair that we're in for much greater suffering and even more devastating economic catastrophes as the political, economic, and social elites STILL don't seem to understand the basic principle that one prerequisite of a consumer economy is that consumers actually have money to spend--and that requires that they have jobs.<br /><br />But even more disconcerting, for me, is the lack of apprehension that it is/was the existence of a vital and vibrant middle class that enabled our democracy (warts and all) to thrive during the latter half of the twentieth century.ChristopherHhttps://www.blogger.com/profile/11481010473815111662noreply@blogger.com