What happened to all of the doom and gloom economic threads?

[richard_daily]

A_J, the Stupid

At least you're honest about one part.

 

[richard_daily]

The reason your tax structure looks the way it does now is that the rich keep persuading the poor and the squeezed middle to vote against their own best interests, and in the interests of the rich, with elaborate rationalisations like this.

Patrick

This is the crux of it.

The tax code is written by the rich, for the rich, and they want MOAR MOAR MOAR!

 

[Angellica1612]

The gap seems pretty huge to me. I live in fear daily that I'll lose my job or my 13 year old car will break down, because I have no way to get a new one and no one to fall back on. I'll end up living on the street, and that's an extremely scary thought. And I'm not even technically poor, because my income is above the official poverty level. I don't qualify for any assistance because I'm single with no children. But things keep getting more expensive, and my income has gone down three times in less than three years. Someone making $60,000 seems rich to me, much less someone raking in millions.

 

[4est_4est_Gump]

The gap seems pretty huge to me. I live in fear daily that I'll lose my job or my 13 year old car will break down, because I have no way to get a new one and no one to fall back on. I'll end up living on the street, and that's an extremely scary thought. And I'm not even technically poor, because my income is above the official poverty level. I don't qualify for any assistance because I'm single with no children. But things keep getting more expensive, and my income has gone down three times in less than three years. Someone making $60,000 seems rich to me, much less someone raking in millions.

At what point in time, in the whole history of man-kind, has that not been part of the human experience?

If things keep getting more expensive, then there is a reason, but it is not the rich, per se...



I have to go start school now, I can elaborate more later, or I could suggest you look up and download The Law by Batiast. If you want to be a "conservative" you must begin with the economic underpinnings of liberty.

 

[Angellica1612]

At what point in time, in the whole history of man-kind, has that not been part of the human experience?

If things keep getting more expensive, then there is a reason, but it is not the rich, per se...



I have to go start school now, I can elaborate more later, or I could suggest you look up and download The Law by Batiast. If you want to be a "conservative" you must begin with the economic underpinnings of liberty.

I'm not only poor in funds, I'm poor in willpower to actually study this stuff, lol. But thanks for the suggestion, maybe someday I'll get serious about understanding it all.

 

[richard_daily]

I'm not only poor in funds, I'm poor in willpower to actually study this stuff, lol. But thanks for the suggestion, maybe someday I'll get serious about understanding it all.

Don't expect to "learn" anything from AJ... Unless you just want to grow stupid.

 

[Angellica1612]

Don't expect to "learn" anything from AJ... Unless you just want to grow stupid.

Ok, wait. Forest is AJ? Once again, I'm lost. As I just stated in another thread, it's hard work being a n00b!

 

[JohnnySavage]

Ok, wait. Forest is AJ? Once again, I'm lost. As I just stated in another thread, it's hard work being a n00b!

People change their names a lot and you have to get used to a writing style to know who's who. For example, the poster now known as Drixx used to be flat5ive... some times you'll hear him referred to as Luke.

 

[richard_daily]

Ok, wait. Forest is AJ? Once again, I'm lost. As I just stated in another thread, it's hard work being a n00b!

AJ changes his names all the time, so that people don't know that he has well over 100,000 posts on here, and has no life.

 

[richard_daily]

AJ changes his names all the time, so that people don't know that he has well over 100,000 posts on here, and has no life.

So to counter, I could introduce you to ishmale, AJ, veteman, busybody, rightfield, koalabear, or a host of other anti-feminists on here...

If you want to talk about who's been hit with the ugly stick.

 

[Angellica1612]

Geesh! If I ever feel the urge to create an Alt, I vow to commit Lit suicide and just leave, I do so solemnly swear. Promise.

 

[Sean Renaud]

Yeah, power to the proletariat and all that.

The fact of the matter is that we need "the rich" to continue to fund our future. If you change the tax code so that they decide to hide and shield their money (preserve it) then we'll be a far less dynamic society and growth will stall and more jobs will be lost. The fact that Bill Gates made billions doesn't negatively effect your life and there are a lot of people who are very happy to have the jobs and efficiencies created by Microsoft.

The good thing is that for every one of those billionaires, there are millions of us who are benefiting from the low drag (tax) on investments and using it to build a nestegg.

Bullshit. As Bill Gates and Steve Jobs illustrate we can make new rich people. It's not actually that difficult. We might well benefit from your dream scenario where the 1% just decide they are done playing and the 99% rush to fill the void.

 

[unregistered]

 

[Sean Renaud]

Interesting read. Finally people are getting around to blaming Clinton. Of course it's funny that they blame the democrats in Congress despite the fact that they were the minority at the time. At worst this was a bipartisan effort not a Democrat one. Seeing how the key peice of what Clinton did was deregulate the banks. I looked it up. Blaming it on anybody but the Republicans is an outright lie. Not sure how much Obama supported it or realistically could have. He wasn't even in the Senate yet. Sorry the US Senate before you google up that he was in the Illinois Senate at the time.

 

[Beco]

Boy, the economy is just going to purr like a kitten when we start giving that much more money to the government.

it just cracks me up when people just want to hand over their hard earned money to the goverment. If you could see, first hand, how much money our government waste, its just appalling....

 

[Beco]

Romney mentions Obama's record all the time. Or at least his own campaign trail propaganda version of it. But by denying that the economy under Obama is picking up real steam he stops making sense. Instead of saying "yes the economy is starting to recover nicely but if we had my policies in place it would be even better", he attacks the veracity of the BLS report and focuses on increasingly obscure and cherry-picked data points. And because of this he's just not credible.

Almost all Republican candidates, leaders, and Lit cons do this. But they're having to work harder and harder every day to try to maintain their narrative that things are horrible.

1.7% growth is not "REAL" steam....

 

[unregistered]

 

[busybody..]

lest anyone forget

The EVIL DUMZ and LIBZ all told us

2001-2008

While the economy was GROWING 3% plus and 200K-400K jobs per month were created

and

Unemployent was 5% or so

It was ALL LIES

ALL JOBS were HAMBURGER FLIPPING JOBS

It was teh WORST economy since H Hoover

HAVE YOU ALL FORGOTTEN?

 

[mercury14]

Boy, the economy is just going to purr like a kitten when we start giving that much more money to the government.

How well did the Bush tax cuts prevent the great recession?

Taxes were higher under Clinton, especially for the wealthy. Did they prevent an economic boom?

History clearly demonstrates that the theory that high taxes prevent economic growth and low taxes promote it is hugely overestimated by the right.

 

[unregistered]

 

[mercury14]

Increase taxes by $70B a year and magically, the rest of the $1.1T deficit will go away. Increase capital gains taxes so that money doesn't move as efficiently towards new opportunities and that will bolster business. Sounds like a democrat plan to me, something worthy of "F" Troop.

The last three years of democratic governance have been a nightmare and I think they're trying to deflect attention away from ... their anti-business screeds and horrible energy plan (stop drilling offshore?).

Stop drilling offshore? You're lying again bub. Which is why you can't find a shred of evidence to back your falsehoods.

Anti-business? The stock market has put on 6000 points under Obama and profits are very high. If this is what you call anti-business then please give us some more of this Obama anti-business stuff.

 

[mercury14]

The CBO rated the Obama tax plans as worth $700B over 10 years, or about $70B a year which is probably overstated because people will quickly modify their behavior to minimize their tax liability.

There's a lot of evidence that increasing capital gains taxes significantly will retard the movement of money. When your tax bill increases by a factor of 2, it will effect financial decisions about selling, buying and profitability. Are you kidding?

If it's only $700B over ten years then it will not retard the movement of money in any measurable way. And of course you're being intentionally deceptive again, since government taxation and spending (on schools, military, medicine, unemployment benefits, construction projects, employees) counts as movement of money. In fact it moves money far more than than a wealthy person hordes it.

Spending moves money far better and quicker than investing.

 

[mercury14]

Then tell the poor (the bottom 50%) to stop voting to have themselves pay the least amount of taxes. That's TAX EVASION.

Show me these votes.

*Crickets Chirping as AJ is caught in yet another lie*

 

[busybody..]

STFU, you stinking, NIGGERPOONZANDI, no one believes your bullshit

 

[busybody..]

http://sas-origin.onstreammedia.com/origin/gallupinc/GallupSpaces/Production/Cms/POLL/yqm1m4vp4ky34j07f4ijcg.gifGallup: Under-employment UP to 18.7% in January. Take this as an antidote to media-generated barf: Gallup defines “underemployment” as a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work. This number has been RISING the past quarter as the graph below shows.