But here’s the thing: The U.S. is far from a poor nation. American households entered 2016 with a net worth of nearly $87 trillion, according to the Federal Reserve.
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So all the politicians have to do is tax that wealth away.
The author isn’t to be trusted.
And of that wealth the US is DEAD LAST in the industrial world and behind INDIA as a share of wealth owned but tha middle class.
Yes, those pesky gready citizens have all thealth. The government has the debt.
Therefore the solution is simple, give all of your possessions to the government.
Now, why did’nt i think of that!!!!
“So all the politicians have to do is tax that wealth away.”
Even if they did, if they don’t address the underlying problems that led us to be 20 trillion in debt, that would just be a band-aid. We’d pay off the debt and then rack it right back up again.