Cutting's Not Saving

Discussion in 'Politics' started by Flaylo, Mar 12, 2011.

  1. Flaylo
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    Flaylo Handsome Devil

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    Rep. Charles Rangel: Cutting's Not Saving



    The truth. Wall Street and big corporations and especially the Koch brothers are having great times, posting growth and gain and making huge profits so they obviously don't really need tax cuts but why are they using the Repugs and Teabastards? As a means to an end to accommodate their greed, the same greed that put us in the Great Recession. The keep creating more deficits with their fucked up politics just to have an excuse to cut more wealth away from the middle class into the hands of the rich and the same people whop vote for these Repugs are going to have nothing left soon.
     
  2. Rozman
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    Rozman Gold Member Supporting Member

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    I think I will pass on any economic or financial advice Charley Rangel might offer.Let him worry about his finances first ok?:lol:
     
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  3. Big Fitz
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    Big Fitz User Quit *****

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    I see. The Left's new Boogiemen are the Koch Bros whoever the hell they are. Apparently the memo's been sent out cause every lib's spouting it this weekend.

    Charlie Rangle thinks a penny not spent is a penny not saved... :wtf: If you don't spend it... you still have it? No that can't be right.

    What the fuck is he on, or am I missing some new mathy like substitute? I mean we're now in the era of Relative Math where 2+2=4ish, but damn!
     
  4. Flaylo
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    Flaylo Handsome Devil

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    If you don't know who the hell the Kock brothers are you're just as misinformed and uneducated as an illiterate high school drop out. They're the money machine behind whats going on, two billionaires dividing the country.
     
  5. Flaylo
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    Flaylo Handsome Devil

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    Rangel's personal finances isn't what put the country in the Great Recession and in the current position of eating the middle class to feeding the rich, that would be Reagan, and Bushs' I and II.
     
  6. SmarterThanHick
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    SmarterThanHick Senior Member

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    [​IMG]

    A chance to cut is a chance to save!
     
  7. mnbasketball
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    mnbasketball Member

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    don't you think it's a little funny how we can cut the wage and benefits of 150,000 people in Wisc at the very same time the two richest people in Wisc just improved their net worth from 36 billion to 44 billion in one year.
    Maybe these guys being such great citizens of the state might just give the state the amount they need to balance the budget, since it was the people of the state and country they made their money off of.

    Did you know they (koch bros and their rich friends*18 of the top 25 wealthiest families) have spent close to 500 million dollars lobbying congress trying to get rid of the inheritance tax, that would save those famlies 78 billion it is est in estate tax.
     
  8. mnbasketball
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    mnbasketball Member

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    Being person who worked for 34 years at one company and dealing with management over wages and benefits and working conditions, meant one thing when they came to me and told me that we needed to cut cost or change the way productions was going to be done.

    That either they wanted the workers to do more work or cost savings meant we needed to pick up more of their cost.
     
  9. Flaylo
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    Flaylo Handsome Devil

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    Why is it every time the Repugs enacts cuts deficits continue to grows and budgets never get balanced? Thats fucking proof right there that their cuts never work, whether they're budget cuts from social programs to tax cuts for the rich.
     
  10. Big Fitz
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    Big Fitz User Quit *****

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    Uh huh. And George Soros is a sweet innocent old man. I'm sure I'll learn more about them in the coming weeks from reputable sources not only loonieleftie talking point memos.

    You are both right and wrong here. One, you're right because deficits SHOULD be avoided by both parties. They are not automatically harmless. Debt can be deadly to an economy, be it household or national.

    Where you are wrong is that you need to question yourself as to WHY there is a deficit? Is the debt we're going into going to cause economic growth or contraction. If the government spending is going to help this nation grow economically, by assisting those who are productive, the deficit is of little consequence. Tax revenues, despite being cut back will be exceeded because more people will improve their lot in life and pay more when their wages increase.

    On the other hand, if you're spending AND increasing taxes, you not only decrease revenue income because the economy contracts due to government burden but the rich and businesses hide their money from you and cut back on hiring people because they don't want to waste it. Then if your spending is on social programs to make up for the loss in income, or worse, to placate the indigent for political power, you get into an economic death spiral because your costs go up with no improvement economically.

    That's why your next statement is false.

    You need to take an economics class that forces you to run a pretend business with a professor that understands how messy the real world is.
     

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