conervatives belief in "trickle-down/Voodoo economics":

Discussion in 'Economy' started by Dot Com, Apr 16, 2011.

  1. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    Conservatives, many on this board, say "Leave the super-rich & their tax havens be because I may one day get there too" :rolleyes:

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    Last edited: Apr 16, 2011
  2. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    Well thank God you're serious about it, I thought for a minute there you were just another liberal loon.
     
  3. sparky
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    sparky VIP Member

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  4. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    A recent duke study confirmed that most people in america have no idea as to the extent of the wealth held by the top 1%. I beleive its @ 40% of the wealth
    Study: Most Americans want wealth distribution similar to Sweden | The Raw Story
    They were given choices between three, unlabelled, pie charts representing wealth distribution, one being the U.S. , one being Sweden, and another country. 90% + chose the Sweden graph as a desired income distribution. This is no surprise for Dem's but it is for the 90%+ conservatives respondents.

    This study shows the ignorance of the American public inre: real wealth disparities. This is from 2010 so I haven't heard anything different. If anybody can counter it then feel free
     
  5. Mr Liberty
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    Mr Liberty Hater of Socialism

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    So, you think that by taxing the rich, it will somehow put money in your pocket? In 1932 they thought the same thing so they passed the Revenue Act. You think that helped them? How is it going to help the situation.

    The reason we don't support taxing the rich is because we believe in private property and individual liberty. Not just our liberty but everyones, even yours.

    The federal government proved they are not serious about balancing the budget or the national debt. Their only answer is to continue printing dollars. How long can this continue without an economic collapse? You think the answer to the problem is taxing the rich.

    Tax who ever you want. I don't give a shit anymore. Thank for the profit in silver. I will keep buying and buying. I am also buying food. I hope your ideology dies of starvation in this Greater Depression.
     
  6. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    There was greater econ growth under Pres Clinton & his tax rates. Nice try though.
    http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
     
    Last edited: Apr 16, 2011
  7. Mr Liberty
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    Mr Liberty Hater of Socialism

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    Yea, Cutting government spending just doesn't make sense.:cuckoo:
     
  8. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    You believe that austerity alone is the answer? LOLOL The privatization of MediCare and the tax-breaks of @ $200K to the rich like Obama? Ryan's budget proposal makes savings on the backs of the poor & middle-class.
     
  9. xsited1
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    xsited1 Agent P

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    [​IMG]
     
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  10. Mr Liberty
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    Mr Liberty Hater of Socialism

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    Yea they seem to think, by giving the government more money, they will use it wisely this time. We are only going after the rich! When they come for them. They will have no moral grounds to stop them.
     

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