Investing in productivity of working people- like providing children with a good education? The public school system is failing and failing utterly. Let's see Reich support vouchers, charter schools, merit pay for teachers, and other creative ideas to give parents options for educating their children. In fact, why no go whole hog and have the Feds pay to sponsor state-run initiatives for online schooling- a mix of home schooling and remote teaching? I would love to see a pilot program like that. Why do the Democrats keep blocking reform in the schools? Teachers unions.
We already have progressive taxes at the Federal level. Why is it that the only tax policy liberals can come up with is to punish success? All it does is encourage successful people to move their money offshore. Isn't that what he just said we want to avoid? But no, he wants to go even further and punish success with punitive taxes at the state and local level as well. That's foolish and will only hasten the departure. Reich is a smart guy but he totally fails to understand why we can't keep the economic engine running. We have too many retirees for the number of working people in the US, and the situation is about to get a whole lot worse with the Boomers retiring. The retired people have most of the money, and to add insult to injury, they keep voting for the government to borrow money that they will never have to pay back because they will be dead. This is the legacy of Social Security. http://eh.net/encyclopedia/article/short.retirement.history.us *Labor Force Participation Rates of Men Age 65 and Over* Year Labor Force Participation Rate (percent) 1850 76.6 1860 76.0 1870 ----- 1880 78.0 1890 73.8 1900 65.4 1910 58.1 1920 60.1 1930 58.0 1940 43.5 1950 47.0 1960 40.8 1970 35.2 1980 24.7 1990 18.4 2000 17.5 On Sun, Oct 5, 2008 at 10:14 AM, Dana wrote: > Bottom-up economic theory > Robert B. Reich > > The long-term answer is for America to invest in the productivity of > our working people - enabling families to afford health insurance and > have access to good schools and higher education, while also > rebuilding our infrastructure and investing in the clean-energy > technologies of the future. We must also adopt progressive taxes at > the federal, state and local levels. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:272527 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
