Mohacsy's Safe Portfolio Member Forum

[Elroy Jetson]

Since 1980 America has moved toward a Third-World economic model, with low taxes on the wealthy and domestic government spending at a level insufficient to maintain an First-World nation.

The Minimum Wage in Mexico, which is the pay rate for more than two-thirds of the population, is $18.50 for a standard 12 hour day - about $1.50 per hour. Americans will have to decide if they really and truly want to continue down this path for their grandchildren.

To remain a First-World nation America will have to return to spending more on education and infrastructure. But that would mean that income taxes can no longer be "mo free" for the top 2% of income earners.

Reagan claimed his debt-funded tax-cuts would magically grow the economy, but the opposite occurred - growth slowed. We're long past the time where Americans need to realize that Reagan's policies were a complete failure. This refusal to accept reality is endangering our future.