In thinking about the anti-capitalism ethos afoot:
We borrow 42 cents of every dollar we spend, right? Even the Left would stipulate this as FACT.
The top 1% pay in 38% of ALL the revenue the federal government takes in, right? Even the Left would stipulate this as FACT.
What if the 1% stopped paying? Hmm?
I would argue that capitalism is the only thing keeping us afloat.
If the 1% went on strike, withdrew their capital, took their balls and went to some foreign home you would not only have to borrow 42 cents of every dollar, you would have to borrow ANOTHER 38 cents.
Let’s see… 42 + 38 = 80.
EIGHTY PERCENT of this economy runs on the WEALTH CAPITALISM CREATES AND THE CREDIT THEIR WEALTH ENSURES.
Bonus question: How much do you have to earn to be in the lucky 1%?
Bonus answer: A little over $300,000. Yes – Three hundred thousand dollars a year. Forget individual families for a second and consider this: 70% of the businesses in America are small business and the overwhelming majority of them file as individual earners. The frickin’ corner store grosses twice that, fercryingoutloud. Bam-Bam thinks they’re fat cats.
Bonus BONUS factoid: (Now, back to the ‘fat-cat’ family we put aside a moment ago) Obama strokes a check every year for $80k in tuition to Sidwell Friends for his two kids. (His money. He earned it. Got no problems with that, okay?) But how come it’s okay for him to not have to go begging to the federal frickin’ government for a school loan to put his kids through school, but if someone ‘who worked hard and played by the rules’ wants to do it for his kids, he’s a selfish pr*ck?
Conclusion?
STUFF YOUR SOCIALISM.
