You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #15: Not to throw cold water on this but..... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
NAZLib Donating Member (15 posts) Send PM | Profile | Ignore Thu Aug-11-11 01:19 AM
Response to Original message
15. Not to throw cold water on this but.....
The numbers don't add up. There are only around 300,000 - 400,000 people making over a Million/yr for a grand total of maybe 400-600B in earnings. Now consider that they already pay on average around 40% of their income in Fed, State, Local taxes and that only leaves 200-300B in total if you take every last nickel. Of course if you take everything they'll just move or quit working so how much could you actually get? Maybe 50B? 100B? I don't know but it is going to take some serious new math to get 200B out of them.

The other problem is that most of those jobs are just "make work" and don't actually produce anything of lasting value. I'd suggest that if we're going to spend significant $$$ we spend it on retraining the unemployed and help them get out from under the mortgages they cannot afford so they can move to wherever the jobs are.
Printer Friendly | Permalink |  | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC