As a nation we are failing on so many fronts, but taxing the people who are successful even more than they are already taxed will only seal our fate. It is demagogic nonsense. Who does me more good- some incredibly rich guy who is paying a very large amount of income tax, or some of the 48% who pay no income tax? We can also hope that Warren Buffet will run his company and keep his mouth shut about his populist BS.
What we need is radically improved K-12 education- and I don't mean more money to the already hopelessly hamstrung public school system. Charter schools. Niall Ferguson has a recent Newseek article about a group of those nasty Wall Streeters who play poker and raise money to fund some Charter Schools in Harlem. Students at these schools are vastly outperforming those in nearby and more costly public schools. We mainly need people who are employable in profit-making enterprises, not more make-work. Hwy does Germany have a very successful manufacturing sector? By making their training and education rational, not based on the fantasy that somehow smothering young people of all degrees of aptitude with the debt for a college eduation will pay off for them or the country.
We need a rational national energy policy, but since there appears to be no rational being in government, how likely is that? So far our energy policy is keeping our heads in the sand, and fantasizing about windmills and the Whole Earth Catalog. We need improvements in meaningful infrastructure.
We need to repeal Glass-Steagall. Pay attention to Paul Volcker while we can. He is the only honest man left and he is getting old.
We need to make our immigration entirely a skills based preference system. We need a border barrier that works. If Americans won't pick fruit, take them off welfare and they likely will. Failing that, import fruits and vegetables from Mexico.
Do like Portugal and legalize small (personal) quantities of any drug. So what if some idiot occasionally offs himself, they do it all the time anyway. Offer non-mandatory treatment for addicts who actually want to get well. If the dope market collapses, suddenly a lot of people will be looking for honest work. Pimping is very poor cash source compared to drugs
And if it is still possible, Wake Up Americans!
Ha