Economist try to explain the present. Investors look to the future. Does the stock market predict or lag? We try to find out. One thing is clear, we all use past events or trends to make our points and help shape our policies.
You would think no one heard of the 1950s, our fastest growing decade ever. Historic.
What were taxes like back then? The top marginal rate was 91%.
Do Republicans think we never had any business or growth prior to the 1980s? Has their memory shriveled to just looking at today's talking points? Attack on prosperity?
Not saying I want high taxes, just showing that when people who make a lot of money pay high taxes, the country does just fine.
I said that and the DOW is up 200+ points today, using high tech Republican theory, I must be right.
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