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reformist2

(9,841 posts)

12. Yep. There are tens of trillions in wealth out there, no need for austerity.

Reply to porphyrian (Reply #6)

Fri Sep 28, 2012, 11:03 AM

Sep 2012

In the US alone, wealthy households hold more than $50 trillion in assets. Anyone who says "but we're broke!", correct them of this falsehood immediately.

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Highlight:

Francois Hollande Raises Tax on Rich, Companies to Cut French Deficit [View all] marmar Sep 2012 OP

du rec. Nt xchrom Sep 2012 #1

K&R. Glad to hear it. Overseas Sep 2012 #2

THIS is how it's done. tosh Sep 2012 #3

Wouldn't his budget still need to get approved? FailureToCommunicate Sep 2012 #4

Probably, but I believe he has a strong parliamentary majority...... marmar Sep 2012 #5

I hope this empirically calls bullshit on the austerity lie. n/t porphyrian Sep 2012 #6

Yep. There are tens of trillions in wealth out there, no need for austerity. reformist2 Sep 2012 #12

Well, statistically, "we're broke" is still true, but you are correct. n/t porphyrian Sep 2012 #13

The government is broke, but we, as a nation, are not. reformist2 Sep 2012 #14

I meant that most people are broke and the wealth lies in the hands of a few, but we're agreeing.n/t porphyrian Sep 2012 #15

Sorry. I was just pontificating. ;) reformist2 Sep 2012 #16

Good stuff to say, keep going. n/t porphyrian Sep 2012 #17

Tres bien. efhmc Sep 2012 #7

Well, duh.... mountain grammy Sep 2012 #8

When the filthy rich and corporations are NOT taxed enough, fasttense Sep 2012 #9

Right, fasttense. JDPriestly Sep 2012 #18

It's always been said Lawlbringer Sep 2012 #10

More on the Wealth Tax: reformist2 Sep 2012 #11