I have many friends who graduated from Ivy Leagues schools that are Obama supporters. For the life of me, I don’t understand why.
They may have majored in liberal arts, so perhaps math, economics and accounting weren’t in the curriculum they chose to study. But, at some point, you live life and understand the basics of economics. You personally suffer through debt crises where you outspend your earnings and face an insurmountable level of debt.
Why can these people not see that this is happening to our nation? They continue to buy the class rhetoric thrown around by the Democrats that taxing the rich solves all the problems. But, if they simply stopped, took out a pencil and piece of paper and did the math, they would see that the equation doesn’t work. They could take 100% of the wealth, not income but wealth (i.e. everything they own for those of you in Rio Linda), of the Forbes 400 richest people and not come close to covering the government’s current year’s deficit, much less paying down the outstanding debt. Even worse, you can only steal their wealth one time. After that, the government’s income drops because the rich no longer have the means to earn income as their wealth has been stolen.
Now, I could go on to quote Obama and his “I want to fundamentally change America” and say what he has done has in fact change America. Or, that he wrecked the economy on purpose to pursue his personal goal of getting even with American and its history and bringing America down to the Venezuela’s of the world. However, doing so only drives the other side to reject you as a cook. So, forget all of that stuff my liberal friends and focus on my challenge to you.
Show me the math. Show me how it works in a way in which our children and grandchildren will not have to pay 70%+ in taxes on their income to pay for debts we’re running up. Keep the math simple so everyone can follow along. To borrow a phrase from Dirty Harry, “Go ahead. Make my day.”
We now welcome you back to reality.