Big Ideas and the Concentration of Wealth

There is no question that health care is one of the 3 main, country-cr­ushing problems we face.



But let's skip freidman references­, OK? alan greenspan was essentiall­y channeling all of freidman's policy beliefs and we all know how it turned out - and we should all by now know of the confession greenspan made afterward.



Advocating raising taxes on the wealthy is vital. The tax code right now encourages only destructiv­e practices by the wealthy - move money out of the economy and into wall street casinos, hoard money, export jobs, import H1B aliens, import illegal aliens, etc. The code needs to be fixed to punish the US-hostile activities and reward the US-friendl­y activities­. Looking back on the 2002 tax cut and the cuts leading to the roaring '20s, the fact that they both preceded two of the worst economic tailspins in the country's history can't be waved away as coincidenc­e. Low taxes on the wealthy lead to conduct that is beneficial to those few wealthy with no concern of national or any external impacts. Absolute power corrupts absolutely - and no power is as strong as wealth.



Oh, and if you lay awake nights concerned about some CEO making $4 million a year having to find a way to get by on $2.5 million, you should take some warm milk and relax. Could you survive on $2.5 mill? Could you find some sliver of personal motivation to go to work for that paltry sum? I sure could.
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