I am almost 65 years old. When I was a little girl, back in the fifties, all of us, including the upper 1%, had to live every day with the uncertainty of whether the world would explode into all-out nuclear war! They had us doing atomic bomb drills every month, because nobody knew what was going to happen in that Cold War. Also, some of the Communists liked to talk big about Revolution, and they were winning a lot of countries in those times. However, the rich people in those days had something called GUTS, which made it possible for them to DO THEIR JOBS FOR THE COUNTRY, anyway, which meant taking their best guess about investing in the country and building industries to keep the economy going! They realized that EVERYBODY ELSE had to keep doing their duty in uncertain times, and they KNEW that we were all Americans and all in this together! And during the Second World War, those rich people had lived with the uncertainty of whether Nazi troops would march in with bombs and tanks and REAL barbed-wire concentration camps. But THEY had managed to keep DOING THEIR JOBS FOR THE COUNTRY, too! And that was a big part of why the guys in the fifties had an intact economy to work with. They knew it, too, and by the time the sixties rolled around, even families like mine that had gone hungry a lot were finally getting paid a living wage. Several times in my life, lily-livered rich people have started to whine that they just HAD to have LOWER taxes, and make extravagant promises about the WONDERFUL jobs they would create, if ONLY we would let them off from paying their fair share! THEY NEVER, NEVER, NEVER have produced these wonderful jobs during these periods of lower taxes for them. And they NEVER, NEVER, NEVER will! Bill Clinton was right when he was President, and when we FINALLY did what he said, the economy BOOMED! Even for the rich people, better than before! And Bill Clinton is right now, and so is President Obama.
It's arithmetic! And history! So they want to be called Captains of Industry, do they? Well, then, let them put their money where their mouths are! As the saying goes.
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