doing that doesn't create on going stream of wealth, all it does is leach off the people at the top who at some point might just get fed up and leave the country with said money.
that is oversimplifying what happened, right now both parties are being fucking retarded and childish. our gov't has become to big and inefficient because we spend too much time being a bunch of whiny cunts about everything and never want to find common ground.
When President Warren Harding took office in 1921, the national economy was in the depths of a depression with an unemployment rate of 20% and runaway inflation. Harding proposed to reduce the national debt, reduce taxes, protect farming interests, and cut back on immigration. Harding didn't live to see it, but most of his agenda was passed by the Congress. These policies led to the "boom" of the Coolidge years.