Quote from ZZZzzzzzzz:
Picture a country that did not have Roosevelt with his own brand of socialism that lifted this country out of depression, and elevated the strong middle class to a position where they had the wealth to be able to drive the US economy into becoming the greatest nation on earth. Workers had the best of both worlds...the security of retirement and other social benefits, and the American dream of capitalism running concurrently.
The Social Security "tax" under FDR was 1% until 1942 with a cap after $3,000 of income. Today a self employed earner pays 15.3% in S.S. and medicare. Clearly FDR mandated a system in which future American's have paid for the retirement of those who were forced to assume little fiscal burden in funding their own retirements.
As far as debunking the FDR miracle, the grim fact remains that until the massive stimulus of WWll the U.S. economy REMAINED in shambles following the depression. The unemployment rate in 1939, seven years after FDR was elected President was 17.2%. Some recovery. LOL. http://www2.sjsu.edu/faculty/watkins/recovery.htm
It is very often that we see the right wingers suggest that if liberals don't like US foreign policy...that they move somewhere else.
So why are the resident whiners about taxes moving somewhere else?
You can trade from anywhere in the world...
Once again you miss the obvious paradox. As Soros and others demonstrate, you DONT NEED LEAVE THE U.S. to avoid taxes on trading gains. All you need do is not repatriate your gains into the U.S.
The IRS can do little about Pabst & Co. conducting business in the Caymans or elsewhere while PABCO stockholder Mr.Pabst pays taxes only on the profits that he spends here at home. Not to mention the ability to speculate in a Roth.