why a fair economy is not incompatible with growth but essential to it

[xchrom]

http://www.nationofchange.org/why-fair-economy-not-incompatible-growth-essential-it-1334583226

One of the most pernicious falsehoods you’ll hear during the next seven months of political campaigning is there’s a necessary tradeoff between fairness and economic growth. By this view, if we raise taxes on the wealthy the economy can’t grow as fast.

Wrong. Taxes were far higher on top incomes in the three decades after World War II than they’ve been since. And the distribution of income was far more equal. Yet the American economy grew faster in those years than it’s grown since tax rates on the top were slashed in 1981.

This wasn’t a post-war aberration. Bill Clinton raised taxes on the wealthy in the 1990s, and the economy produced faster job growth and higher wages than it did after George W. Bush slashed taxes on the rich in his first term.

If you need more evidence, consider modern Germany, where taxes on the wealthy are much higher than they are here and the distribution of income is far more equal. But Germany’s average annual growth has been faster than that in the United States.

[TheMastersNemesis]

1. You Cannot Satiate Economic Gluttony

The GOP will not allow a fair economy under any circumstances. it does not serve the 1%. These forces are the "new aristocracy". They don't have titles officially. But our billionaires are the new monarchs and our millionaires are the new nobles. The rest of us are only serfs' to be exploited.

And if you watch "Mittwit" close enough you will see his anger because he wants to be King and not President. And the "faox lords and nobles" in the GOP plan to rule with a truly iron fist if they get power.

Read between the line and look behind the curtain and it is obvious what the GOP has been up to for many years. They are most angry about Obama because he stands in the way like Clinton did.