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Liberal Economics 101.

Discussion in 'Economics, Business, and Taxes' started by Sgt Staples, Feb 23, 2012.

  1. DefeatObama

    DefeatObama Council Member

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    which is bad. obama on the other hand with at least double that debt. is good.

    the world according to middle (chuckle) view
     
  2. DefeatObama

    DefeatObama Council Member

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    1992
     
  3. DefeatObama

    DefeatObama Council Member

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    of which government assistance program did you avail yourself?
     
  4. DefeatObama

    DefeatObama Council Member

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    why would you want the answers to these questions? I assume you're trying to prove that Bush ran deficits. he did.

    you either approve of disapprove.

    if it's the former you love obama. if it's the latter you still love obama. but why?
     
  5. DefeatObama

    DefeatObama Council Member

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    what a disingenuous stooge you are.
    conservatives endorse tax cuts - for everyone - because it's OUR money. and 'the rich' benefit more because they pay more. capice?

    we also endorse fiscal restraint and justification of each federal dollar spent.

    we also live on earth where it's roundly acknowledged that entitlements long term liabilities can't be funded. your party's solution is to demagogue. ours is to deal with the problem.

    there is waste in the military budget just like in every other aspect of the federal budget.

    the decision to go to war or not can be debated. once engaged there is no option but victory. it costs what it costs.

    you and the other children want to relitigate the decision to go which is useless. but that's what children do.

    the dem's level of spending in the last 3 years is immoral. there is no good result.

    that, entitlements AND obamacare as the straw that breaks America's back is on your heads. the problem is it affects me and my family.

    unless you want to detail for me how unlimited spending forever works; you're a hack singing from the gimme gimme gimme playbook

    frankly I think you should all be jailed and tried for treason but the constitution protects your right to work full time to destroy America
     
  6. Bruce

    Bruce Council Member

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    If you have a mortgage it is not your house. It's joint ownership with the bank and your local tax collector. refuse to pay your tax'es and see who knocks on the door.
     
  7. OldGaffer

    OldGaffer Governor

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    I was going to ask you who you scammed to get your start up capital. Or did Daddy bankroll you?
     
  8. CatsEye

    CatsEye Mayor

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    The revenue increase that results from a capital gains tax reduction is temporary. Over the long haul revenue is lost:

    Much of the short-run response to changes in the capital gains tax rate are for tax timing purposes. This is a well-known fact, and it is why CBO projects a huge spike in capital gains collections in 2010 (the last year of the scheduled low 15% rate on long-term gains) and thereby also a large decline in 2011 (when the rate on long-term gains is scheduled to revert to 20%) under current law. There is no doubt some revenue feedback will occur over the long-run from lower capital gains tax rates spurring investment, but most estimates would say that we are currently on the left side of the Laffer Curve with respect to capital gains. http://www.taxfoundation.org/blog/show/23137.html

    Even Romney's economic advisor doesn't believe cuts on capital gains will generate more revenue:

    In all of the models considered here, the dynamic response of the economy to tax changes is too large to be ignored. In almost all cases, tax cuts are partly self-financing. This is especially true for cuts in capital income taxes. source
     
  9. Bruce

    Bruce Council Member

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    That's your story and you're sticking to it!
    I've been hoping that the reaganites of the world could explain that to me with some form of logic. You assume that all democrats think the same and that all liberals have no fiscal responsibility. You have no fact's to support that or you would lambaste the board with truth. You're one of the first that I would confiscate your wealth and drop in the slums of New York with an ankle monitor.
    Yup, those victories keep on coming one right after the other. Viet Nam, Iraq,Afghanistan,Pakistan and Iran to name just a few. Reagan era paid more people to be our enemies than we could have possibly generated without spending. I give you Bin Laden. We supposedly beat Russia by outspending them but it seems they still have veto power in the UN. China vote's against our every move while we kiss their asz for trade. As I've said before I approach politics and world with an open mind. I voted for G W Bush both times thinking maybe sanity would prevail in a republican regime but that proved me wrong. I can only look back on the record's of those in leadership as I know not what they have in store for the nation when on the campaign trail.
    You have a problem with entitlement's for the poor and consider lucrative government contracts for the rich just defending the country. Now who's the child? What you propose is predatory capitalism in order to protect the rich. I'm interested in the returns of the money and blood covering the lands of all those we supposedly just saved from themselves.
    Take the entitlements, the healthcare,social security and medicare. Take the payroll taxes and the income taxes off the rich. Give the rich a free ride from here on out. Make abortion illegal and reduce all worker's salaries and wages while since they don't produce anything they need to pay 95% of their wages in tax'es. I really don't have a problem with this at all as discussing logic with challenged folk's is becoming irrelevant. The mass'es are educated and will overcome any onslaught of the oligarchy carpetbagger's. Engineer's,scientist's and all of those that have real ties and family here and want a progressive society (even some of the responsible rich) will come together and cast out those that want it all. Actually there are very few real conservatives that would'nt like a shot at running up the debt as long as it's for their side (Reagan, HW Bush, GW Bush, while Clinton was supposedly the best damn democrat in the world I never considered him much of anything but a left leaning republican. Check your history book to see who's working full time to destroy america but you may not like what you find.
     
  10. Lukey

    Lukey Senator

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    Or morality and rule of law...whatever...
     
  11. Bruce

    Bruce Council Member

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    But that is the question, who's law and morality?
     
  12. Lukey

    Lukey Senator

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    I'm going to go with God's morality (thou shalt not covet thy neighbor's stuff) and the Constitution (equal protection clause).
     
  13. Woolleybugger

    Woolleybugger Mayor

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    I am simply stating the obvious. Wealth spent is wealth squandered. I do not know anyone who is still wealthy that spent every dime they had. What Lukey thinks is immaterial to the true behavior of wealthy people. They will always protect their wealth at all costs if they want to remain wealthy. If they spend it, its gone forever.
     
  14. Woolleybugger

    Woolleybugger Mayor

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    And the nation that overspent for decades is not yours or mine? Owing money to a mortgage lender is a personal debt we incur. We also collectively own the national debt which means each and every one of us must take responsibility for that debt. That means it is NOT your money until the debt is paid. It is money owed for debts incurred. As a citizen, you owe a portion of that debt. Saying that a surplus should be returned to the citizens before paying down debt is nothing more than ignoring your obligation is it?
     
  15. Woolleybugger

    Woolleybugger Mayor

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    God does not exist. You meant to say "Morality created by Jews living in the years between 1000 and 3000 BC".
     
  16. Woolleybugger

    Woolleybugger Mayor

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    Ahhh...someone who understands the world...well done.
     
  17. DefeatObama

    DefeatObama Council Member

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    effectively but not contractually. the local tax collector has no ownership of your house. they do have the legal authority to tax you ... as you note they don't take ignorance lightly
     
  18. DefeatObama

    DefeatObama Council Member

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  19. Lobato1

    Lobato1 Mayor

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    For starters, Government provided the job you got your paycheck from

    & if you hated this SOCIALIST paycheck why did you take that government job in the 1st place?

    Best Regards
    Lobato1


     
  20. DefeatObama

    DefeatObama Council Member

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