Huge beefs here: 1. To suggest taxing the rich at a higher rate is the sole reason for a drop in GDP is simply ludicrous. Being that government spending is a p

Huge beefs here: 1. To suggest taxing the rich at a higher rate is the sole reason for a drop in GDP is simply ludicrous. Being that government spending is a part of the GDP equation, it's much too complex to attribute to a single cause. For example, given that the public's appetite for taxing the rich would increase in hard times, it would also stand to reason that governments are reducing spending concurrently, and that is the reason for the stagnation. 2. The implicit suggestion that GDP increases are inherently good and GDP decreases are inherently bad is outdated. You could get a GDP increase by dropping a nuke on LA. The US doesn't even use GDP to measure economic health anymore, but rather GNP. 3. I would love to see a graph that uses the total net revenue as an adjusted dollar amount, and leaves the GDP equation out of it. I'm pretty sure the results would be rather different.