Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

girl gone mad

(20,634 posts)
11. Almost all of it was the bubble in private debt.
Mon Jul 2, 2012, 06:42 PM
Jul 2012

Banks went wild. Clinton actually went too far in cutting public sector spending and his surplus put us in a recession after the internet bubble burst.

The fact is fewer people are in the workforce, wages as a percentage of GDP are lower and good analysis of the tax impact should be based on income, not on GDP.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»‘Biggest tax increase in ...»Reply #11