Friday, October 15, 2010

Spreading the wealth around

There's a new Gallop poll out that adds support to the theory that we're in for a double-dip recession. This passage caught my attention:
Although upper-income spending hasn't been increasing in response to the best September on Wall Street in 71 years -- at least to this point -- upper-income Americans have maintained their spending, while that of other Americans has declined.
This seems to argue against the Democrats' plan to increase taxes on upper-income earners. We want that money pumping through the economy.

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