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12/19/11(Mon)13:08 No.753086I
went to look up the accuracy of this, fairly accurate, give or take.
After the great depression they made the tax rate 81.1 for income over
5,000,000, by 1944 it was 94% per 200,000. I remember hearing about this
awhile ago that they did this specifically to combat the effects of the
depression, and it worked. By 1969 our economy was the strongest it
would ever be and shortly after that in the 1970's and early 80's they
start giving corporations more voice in government and lower their tax
rates. Soon after this we start having repeated recessions every so many
years, progressively getting worse until now. The Euro is about to
fail, soon after or before the US will, it's an economic domino effect.
The social repercussions of this event will cause mass die out. During
the depression many poorer people, especially in rural areas would grow
and raise their own food, or help their neighbors survive, but now we
don't have that option, our garden is the grocery store, in fact having a
non GMO garden might become illegal with in a short period of time. My
point is when hyperinflation hits people won't be able to feed
themselves and famine will result. One study I read projected if food
supplies are cut that 9 out of 10 American will die. |