Topic: This Guy's Opinion Coincide Perfectly with Mine
no photo
Mon 03/07/11 09:26 AM
Perhaps you learned something different in your college macro-economics semester.

http://www.alternet.org/economy/150099/the_astonishing_stupidity_of_not_raising_taxes_on_the_rich_when_budgets_are_tight

AdventureBegins's photo
Mon 03/07/11 10:35 AM
This is the reason why people go right back to micro eyes when faced with an ecomomic situation...

Macroeconomics covers not just the financial presures in a given mearsured system but also covers the 'people' forces...

Raising taxes on the rich in hard times leads to revolution... check history.

Raising taxes on the rich was a direct cause of the 'unrest' and violence that resulted in the Magna Carta.

Raising taxes on the rich was a direct cause of the American Revolution.

Micro ecomnomics only worries about the financial aspects.

Macroeconomics covers the financial and the 'people' forces and ideology that DRIVES the markets...

Expand your vision and more enters your field of view.