Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work.

 
 
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Default A new solution to the Bush/McCain economic collapse

My proposal is very simple and even modest.

1) Do not tax the rich people. They create jobs. Tax poor people
instead, as they consume jobs.

2) Also, tax poor people and give their money to rich people. Then due
to proven "trickle down" effects, even more money will trickle down
back to poor people.

As the multiplied money trickles down, tax poor people some more and
again give it to the rich, ad infinitum, to create a powerful
perpetuum economic mobile wealth creating effect.

3) Do not waste precious tax dollars, which could be given to rich
people (see 2), on bailing out Wall Street. Instead, increase
mortgages of those homeowners who are still paying them by adding a
"mortgage default assessment". Use those assessment payments to bail
out Wall Street, so that economic projects can be financed.

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