Recession History and The Current Economic Crisis » since http://recessionhistory.info Global economic recession history 2011 Sun, 05 Feb 2012 14:25:35 +0000 en hourly 1 http://wordpress.org/?v=3.1 Since the lowest tax rate tripled during the great depression, is the middle class about to become poor? http://recessionhistory.info/since-the-lowest-tax-rate-tripled-during-the-great-depression-is-the-middle-class-about-to-become-poor/?utm_source=rss&utm_medium=rss&utm_campaign=since-the-lowest-tax-rate-tripled-during-the-great-depression-is-the-middle-class-about-to-become-poor http://recessionhistory.info/since-the-lowest-tax-rate-tripled-during-the-great-depression-is-the-middle-class-about-to-become-poor/#comments Sat, 14 Jan 2012 19:53:41 +0000 admin http://recessionhistory.info/since-the-lowest-tax-rate-tripled-during-the-great-depression-is-the-middle-class-about-to-become-poor/ great depression
by catchesthelight

Question by grandma zaza: Since the lowest tax rate tripled during the great depression, is the middle class about to become poor?
Obama says, “We are in the worst economic times since the great depression.” (I want my fear mongering back!)

So, do middle class taxpayers think they will somehow be protected from paying off this spending spree?
I don’t believe we are in the worst economic times since the great depression. Not even close. I believe Obama is using this recession to further his social agenda and it will indeed equal out the classes to just two……the very rich and the poor.
Freedom rocks** “Yes we will” become poorer! Exactly!

Best answer:

Answer by RichB
I actually think this depression will be the death of the middle classes.

It suits the elite for there to be only two classes – a small elite and a large underclass.

What do you think? Answer below!

]]> http://recessionhistory.info/since-the-lowest-tax-rate-tripled-during-the-great-depression-is-the-middle-class-about-to-become-poor/feed/ 4 Has 2001-2011 been the toughest 10 years for the US since World War 2? http://recessionhistory.info/has-2001-2011-been-the-toughest-10-years-for-the-us-since-world-war-2/?utm_source=rss&utm_medium=rss&utm_campaign=has-2001-2011-been-the-toughest-10-years-for-the-us-since-world-war-2 http://recessionhistory.info/has-2001-2011-been-the-toughest-10-years-for-the-us-since-world-war-2/#comments Wed, 16 Nov 2011 01:25:15 +0000 admin http://recessionhistory.info/has-2001-2011-been-the-toughest-10-years-for-the-us-since-world-war-2/ Question by Maggie: Has 2001-2011 been the toughest 10 years for the US since World War 2?
Specially when you consider 9/11, the wars in Iraq & Afghanistan and the recession.

Best answer:

Answer by αмєяιρσѕтαℓ
I would say so.

What do you think? Answer below!

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