Interesting analysis, ace. But you're missing pieces out of the picture--namely the role of the middle class and their financial security and spending habits. They are dependent on one another.
The middle class is struggling because of things like health care and other expenses. Expenses that would be alleviated by reducing their taxes. Expenses that could be better shouldered by those with the resources to shoulder them.
And it's interesting you should mention Warren Buffett:
He's referring to Clinton and Obama in this clip.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
Last edited by Baraka_Guru; 10-30-2008 at 10:55 AM..
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