Herbert Hoover used a very strikingly similar “Chicken In Every Pot ( a Car in Every Garage)” campaign promise. That’s all it was—because Congress saw the utter failure in it ( and the rich of the time, as today, wasn’t about to even allow it to happen ).

I wouldn’t be at all surprised if Obama got his “Share The Wealth” idea from Hoover’s vision. And IF “Share The Wealth” is to be even tried—will fail flat. America’s rich will NOT go for it—and if they were made to……they’d simply “catch-back” on us middle class folks by implacing quite higher consumer and utility prices ( as if we don’t pay outrageous fees as it stands today ).

And after that “Share The Wealth” check passes through the IRS TAX filter, the “Share The Wealth” check in your hands becomes the “Here’s Your Pittance, Bub” worthless check.

Hoover’s predecessor created the acceptable compromise of Social Security—which America’s rich DID go for, because they saw the “( bank ) interest in the program.

And America’s rich—with great help from corrupt politicians over the years–have robbed clean and created laws that allow undeserving people to heave in hefty SS checks—-leaving those deserving folks holding the bag.

no many have tried to sell that taking from teh rich and redistributing will help the welath of teh nation. the simple fact is that we are in a recession. recessions come from people needing moeny but not having enough to pay back a loan and yet still taking out the loan. the only way to solve our crisis is for the Federal Reserve to bump up the dicount rates and raise the reserve requirments so that te people will stop taking out loans they can’t afford. then, because we still have to deal with inflation, we have to create a loan for business that will help them jump start their business and allow for a spread of income through comsumer science

Actually he used the term spread the wealth in referring to one person buying a service from another, not in relation to taxes.
Taxes will go up three percent if you make more than a quarter of a million, back essentially to where it was under Clinton.
The world didn’t stop then, no one ran screaming from the floor of the Stock Exchange and life for the rich went on.
In the meantime trickle down has been a f**k up.
We face severe problems in the next few years as jobs are hard to find and people who made good money run out of their savings without being able to find jobs. Leading to them either living in cars or on state aid. And the states are already feeling the pressure.
We need to be sensible and make taxes easier on the middle and working poor, or, quite frankly, when the depression ends, there won’t be enough people around to enjoy it.
A few extra percentage points on those who won’t be missing a meal or going hungry is worth it.
If we are to have any pride left in our country at all.

McGovern tried it. It was called ‘grants’ and it was a total failure. People are willing to pay higher taxes for the usual govt. spending, but not because the president wants to give your money to somebody else.

George McGovern did, and lost by a landslide.

the fact of the matter is under Obama’s plan all americans earning under 250k get a break or stay the same. How is that bad? If you are making over 250k come on here and state your case we will wait.

And he’s winning too…

Man, that must really chap your azz!!!

From what I’ve read, yes he is. This is European socialism.

Not even close to the first…

Castro, Stalin, Lenin and Ilwinski all did too.