I haven't posted for a long while and I come back I am glad there is a lot of non-sense out there.
Mooseplow (I'm not sure if you're going to read this), let me get this right you feel that the government should tax the wealthy in order that that money can be used to help less fortunate people, correct?
Dr Guy, is correct about the Great Depression. FDR (though most neonates think he was the President of Presidents) prolonged the depression with the help of congress. Hover, was just riding coattails of economical success. When the stock market crashed he started doing similar programs that FDR continued in his administration. What Dr. Guy was stating is what I call in very very layman's terms 'what goes up must come down'. FDR, taxed the rich heavily and extensively during the great depression, so from 1932 to 1945 income tax was very high for the rich. IF we look at 1917 to 1921 taxes were high as well, but also a war was going on during some of that time.
FDR's programs effectively help/solve/ save the U.S in the depression. I will say this that a lot of his programs we are still feeling the affects of, but very few of them were good at that current time (and some would argue that very few of them were good if that even today due to the impact of his programs we are still seeing).
I hear people all the time claiming that GW cut taxes for the most wealthy. I can't find that to be true. Looking at www.taxfoundation.org/news/show/250.html Before the 2001 tax cuts, the richest 1% paid about 34% of all federal income taxes and by 2006 they were paying about 40%.
SO, Moosey the man who you speak ill of actually did what you been so boastfully for. Our govenment has shown countless times of how irresponsible it is with very large sums of money. I just use one example: Suha Arafat is? She was the wife of Yasser Arafat. Now what does she have to do with anything? She is in the top 10 wealthiest women in the world. Last time I checked the Palestinian leader didn't get paid that much. That is OUR hard earned tax money that she has. Let me say this I know this first hand because I USED to work for the government.
One more thing Moosey, the Republicians did not control Congress during the Bush time unlike now how that the Democrat do have dominance.
Being neither Republician nor Democrat, it is never good when one (1) party controls everything. This will NOT be good for the next 4 years.
Government intervention has rarely been a good thing.