all you did was call one anecdote out of my analysis a lie, which it is not.
do you want me to post a tape of my pa in law saying it, just like i posted my pay stub to prove you 100% unequivocally wrong?
get to work on the rest of what i wrote, douche.
Yes, bain created jobs with staples, but I can name at least three mom and pops that went tits up when they came to town.
So UB is correct, under clinton the wealthy did extrodinarily well. their piece of the pie was smaller but the pie got way bigger as was the net. they're just used to having the whole pie so that's the fight. greedy fucks.....
Budleydorights Big sealed Box Bursting with Big Beautiful BlueBerry Buds! http://www.rollitup.org/grow-journal...erry-coco.html
It's admirable for you to come to Bucky's defense, but you're defending something that was not argued.
Hey, if you or anyone else wants an honest debate about the OP, by all means I'm in.
I'll start of by saying, Bucky was even wrong about why the economy prospered during the Clinton years!
Everyone and their brother were refinancing their homes and reaping the benefits of crazy high rising home equities.
Well, we all know what happened to the housing bubble, it burst and that in itself is up for another debate as to why.
The brunt of my work came from wealthy people, people I know that were making $300K - $500k a year and up.
I have no idea what their tax rates were, but I do know that these people were not affected by a couple of points up or down on the tax rates of their wages, it was their capital gains from investments. The extra money they accumulated by these capital gains was the disposable income they used to build these expensive houses.
There is no argument that the disposable income of these rich people created jobs and stimulated small business, my employees and I are testament to this fact.
Fast forward to 2012, that 22 employee company of mine is now shrunken down to me and 4 workers!
Keep in mind that this boom took place while taxes on wages were 39.6% (Clinton era) and 35% (Bush tax cut era)
What no one talks about or realizes is, during the touted "Clinton Boom", Bill Clinton actually [cut] the capital gains tax from 28% down to 20% and also gave tax [cuts] to over 90% of American small businesses. Why is this inconvenient fact always ignored?
So if you are claiming the money made by the investments of the rich didn't trickle down to my employees and I (the middle class) , you are sadly mistaken. BTW, my debate is not targeted to make the left look wrong and the right look right, and they're not something I read from an article or a right wing blog, they're real life facts.