The recent threat by rating agency Standard & Poors, to downgrade its rating of US Bonds, is easily neutralized by but this simple step: Return the top marginal tax rate to the levels which obtained at the end of the Reagan Presidency.
Sound simple? Hell yes! Likely, with the Rethuglican pin-heads and Democratic wimps in DC? Hell no!
yet another Bush legacy, cut tax, spend more, now we can't even get back to where we were.
ReplyDeletethe sad thing is, for how bad Bush was, Obama should look like God, but of course he does not.