Thread: Economics "Soak the rich" is pure folly
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Old 07-10-2011, 10:27 AM   #50
banyon banyon is offline
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Join Date: Aug 2005
Location: Dodge City, Kansas
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Quote:
Originally Posted by The Mad Crapper View Post
I think it's so cute when you do this, banyon. And I bet you think it makes you look clever.

Tell me, how is it you can dispute something I say and not be prepared to explain why you are challenging my assertion? Don't give up your government job, buddy. You wouldn't last a week in the real world.

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It certainly doesn't make you look clever.

Clearly you didn't understand the importance of my earlier question, as you've given nominal numbers only. The price of butter is at an all time high too. That's because our money is only worth a fraction of what it was a century ago.

So, to hold your hand and walk you through it (as usual), the inflation adjusted and pct of GDP numbers look like this:

http://www.taxpolicycenter.org/taxfa....cfm?Docid=200

PCT of GDP (in attachment)

Inflation Adjusted

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