Obama Sends $3.7 Trillion Budget to Congress

[gimpy117]

Originally Posted by tater

What % of the wealth any group owns doesn't matter. It's a meaningless statistic, and the government should be blind to it. The distribution of income is not mandated by the Constitution.

A meaningless statistic? WHAT? It's not a meaningless statistic. It means the erosion of the middle class and the birth of the modern aristocracy who rule not by title and wealth, but now purely by wealth and the power that comes from it.
It's not some thing we can just ignore...it is a fundamental change in our society from a nation of middle class, to a plutocracy where you are either a lord or a surf. It's even a change in our tax system, where now most of the governments revenue will HAVE to come from the people at the top because they have most of the cash.

If Congress ignores this they are plain stupid. Tax wise, and economy wise, large percents of the money in so few hands is a disaster. Simply put, theres no distributed safety net. If for some reason the rich stop spending at the rate they do the economy is Sunk.