Quote Originally Posted by Lyle View Post
Unemployment will rise more once taxes are raised.


The free market is just going to ride it out buddy...eventually things will turn around, they always do. Government may try to expedite the process but they are spending too much money as it is. And eventually we'll all make the same mistakes all over again and by we I mean the government.

Feel free to explain your side buddy
I'm just trying to understand your side for now, to be quite honest I am still formulating my view of macroeconomics which is ultimately what we are talking about here. I haven't seen a correlation between unemployement and higher taxes, perhaps you can send me a link that shows that to be a fact. I still don't see how "the free market riding it out" is fixing the problem.

So far for me it is important for me to distinguish between capitalists and businessmen.

Capitalists are people like your boss and my boss, millionaires, self made men, creating business and opportunity for others by provided goods and services. I can't speak for you, but I really admire what my boss has made.

Businessmen are people like CEOs of fortune 500 companies that ultimately rely completely on the work, idea's and funds of others. Unlike your boss and my boss, they don't fail, just take a look at the recent news and ask yourself how a CEO can make an 8 digit bonus for losing a company money. Fundamentally this is where the problem with wealth distribution, this is not the American dream, this is an abuse of control.

As a liberal nothing is in stone for me, I must be convinced however to believe, and as of now I don't see how the free market "waiting it out" is helping to fix the problem.