Republican Economic Policy
Vote for us: we'll lower your taxes!
Low taxes encourage economic growth and put more money into the hands of
hard-working Americans. That's why Republicans pledge to reduce estate and
investment income taxes.
27 Sep 2000 - President
Clinton Announces Another Record Budget Surplus (CNN)
After six years of
"fiscal conservatism" and Republican control of Congress and the White
House:
16 Mar 2006 - Congress
sets new Federal Debt Limit: $9 trillion (National Public Radio)
For further information, see http://www.brillig.com/debt_clock/,
http://www.publicdebt.treas.gov/opd/opdpenny.htm,
http://www.la.lp.org/debtclock.htm
Our Motto: "Borrow
and spend and the debt will end"
?
How concentrated is wealth in the United States? (Source: http://www.osjspm.org/101_wealth.htm)
- The top 1% now own more
than the bottom 90%. Hallelujah!
- In the
22 years between 1976 and 1998, the share of the nation's private wealth
held by the top 1% nearly doubled, going from 22% to 38%
- The top 10% own 71%
of all private wealth.
- Among the industrialized
nations, the U.S. has the highest concentration of individual wealth --
roughly 3 times that of the No. 2 nation, Germany. (UN
Human Development Report, 1998)
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Distribution
of Net Worth, 1998
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| Source: Edward
N. Wolff, "Recent Trends in Wealth Ownership,
1983-1998," April 2000. Table 2. Available on the website of
the Jerome Levy Economics Institute at www.levy.org/docs/wrkpap/papers/300.html |
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Facts about Wealth
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