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The reason the depression didn't improve under Hoover was because he didn't do anything. WII brought us out of the depression because it created a giant demand. We need our government to create a large demand if we want to come out of this recession quickly.
Capitalism and socialism both have their pros and cons. Is a pure capitalist system the answer? No, and a pure socialist system definitely isn't the answer either. I believe you need a little of both to have a successful economic system.
The reason the depression didn't improve under Hoover was because he didn't do anything. WII brought us out of the depression because it created a giant demand. We need our government to create a large demand if we want to come out of this recession quickly.
Capitalism and socialism both have their pros and cons. Is a pure capitalist system the answer? No, and a pure socialist system definitely isn't the answer either. I believe you need a little of both to have a successful economic system.
What's exactly wrong with freedom to make a free system not work? That's analogous to saying, free speech is not the answer, but controlled free speech is.
Onto your second point, Hoover was a huge interventionist. If only he did let the depression in 1929 run its course like the depression in 1921, it would only last a year or so. Instead, Hoover instituted price and wage controls and bailed out farmers. Hoover himself stated campaigning in 1932, "we might have done nothing. That would have been utter ruin. Instead we met the situation with proposals to private business and to Congress of the most gigantic program of economic defense and counterattack ever evolved in the history of the Republic."
The only answer to depression and misallocation of resources is by allowing those resources to be reallocated as quickly as possible. When government steps in and encourages misallocation that only prolongs the agony, as was apparent for 15 years during the Great Depression. It sadly seems we haven't learned from that lesson.
Only 53% of American adults believe capitalism is better than socialism.
It may be only 53% who believe in capitalism, but when only a paltry 20% don't, there's not a lot to worry about. There will always be socialists hankering to impose their loony left ideals on the majority in most western societies. Think of them as a dose of piles - nothing more than an occasional pain up the arse - that eventually goes away.
Hope you are right
Only 53% of American adults believe capitalism is better than socialism.
It may be only 53% who believe in capitalism, but when only a paltry 20% don't, there's not a lot to worry about. There will always be socialists hankering to impose their loony left ideals on the majority in most western societies. Think of them as a dose of piles - nothing more than an occasional pain up the arse - that eventually goes away.
It may be only 53% who believe in capitalism, but when only a paltry 20% don't, there's not a lot to worry about. There will always be socialists hankering to impose their loony left ideals on the majority in most western societies. Think of them as a dose of piles - nothing more than an occasional pain up the arse - that eventually goes away.
In times of crises, people tend to question the dominant system, so its no surprise more of the population is skeptical of capitalism. This is not the first time it has happened in America, nor will it be the last.
There will be no Scandinavian type socialism in America, even if some elements of the Democrat party want it. It runs too counter to the ethos of this country.
Socialism defined- government control of the production and distribution of goods. In other words spreading your wealth to others.
Capitalism defined- economic system of private ownership of capital.
I think that this poll demonstrates that people really don't understand what socialism is, because if they did they certainly would not think that it is anywhere near as good as capitalism.
In the end socialism punishes success and rewards failure, capitalism rewards success and punishes failure.
Margaret Thacther, " Socialism works fine until you run out of other people's money."
This poll is stupid, and you are correct. When most people think of socialism, they think of European countries and their policies. While European countries do spread the wealth to a greater degree than happens in the US, they are not socialist. They do have more government run programs and higher taxes, but free enterprise is still the main driving force of their economies.
The only real difference between the US and most of Europe is that those governments offer some type of national healthcare as does Canada. Does anyone here think Canada is a socialist country? I sure don't. Now there are very valid arguments for and against national healthcare, but having it does not make a country socialist.
Socialism defined- government control of the production and distribution of goods. In other words spreading your wealth to others.
Capitalism defined- economic system of private ownership of capital.
I think that this poll demonstrates that people really don't understand what socialism is, because if they did they certainly would not think that it is anywhere near as good as capitalism.
In the end socialism punishes success and rewards failure, capitalism rewards success and punishes failure.
Margaret Thacther, " Socialism works fine until you run out of other people's money."
This poll is stupid, and you are correct. When most people think of socialism, they think of European countries and their policies. While European countries do spread the wealth to a greater degree than happens in the US, they are not socialist. They do have more government run programs and higher taxes, but free enterprise is still the main driving force of their economies.
The only real difference between the US and most of Europe is that those governments offer some type of national healthcare as does Canada. Does anyone here think Canada is a socialist country? I sure don't. Now there are very valid arguments for and against national healthcare, but having it does not make a country socialist.
The reason they think this is the Republican rethoric over the last thirty years.
They scream socialism so much that it means nothing to people anymore.
The reason the depression didn't improve under Hoover was because he didn't do anything. WII brought us out of the depression because it created a giant demand. We need our government to create a large demand if we want to come out of this recession quickly.
Capitalism and socialism both have their pros and cons. Is a pure capitalist system the answer? No, and a pure socialist system definitely isn't the answer either. I believe you need a little of both to have a successful economic system.
What's exactly wrong with freedom to make a free system not work? That's analogous to saying, free speech is not the answer, but controlled free speech is.
Onto your second point, Hoover was a huge interventionist. If only he did let the depression in 1929 run its course like the depression in 1921, it would only last a year or so. Instead, Hoover instituted price and wage controls and bailed out farmers. Hoover himself stated campaigning in 1932, "we might have done nothing. That would have been utter ruin. Instead we met the situation with proposals to private business and to Congress of the most gigantic program of economic defense and counterattack ever evolved in the history of the Republic."
The only answer to depression and misallocation of resources is by allowing those resources to be reallocated as quickly as possible. When government steps in and encourages misallocation that only prolongs the agony, as was apparent for 15 years during the Great Depression. It sadly seems we haven't learned from that lesson.
It may be only 53% who believe in capitalism, but when only a paltry 20% don't, there's not a lot to worry about. There will always be socialists hankering to impose their loony left ideals on the majority in most western societies. Think of them as a dose of piles - nothing more than an occasional pain up the arse - that eventually goes away.
In times of crises, people tend to question the dominant system, so its no surprise more of the population is skeptical of capitalism. This is not the first time it has happened in America, nor will it be the last.
There will be no Scandinavian type socialism in America, even if some elements of the Democrat party want it. It runs too counter to the ethos of this country.
Can I ask a question? At what point does the GOP stop fighting for Corporations and start fighting for Americans? They bashed the unions and said they raise prices and cause layoffs, so jobs went down south. But Corporations weren't happy, so they got NAFTA passed. And soon the people down south will be too expensive, so we'll start sending jobs to China, Mexico and India. Oh, we already do that. If we try to stop this, they say it will raise the cost of their products and they'll have to lay people off. So then they want more and more tax breaks. Thru the years their tax rates have gone lower and lower every decade. They say if we don't give them the tax breaks, or if we raise their taxes, it'll raise the price of products and they'll have to lay people off.
And yesterday Iremon, my buddy, said Corporations shouldn't pay ANY taxes, because it'll raise the prices and they won't be able to hire more people.
AND, someone said we need to lower their taxes so they can compete with 3RD world countries???
So won't they eventually tell us that they have to lower all of our wages so they can compete? See where I'm going with this? Soon American workers will be too expensive to deal with. Hell, we're already there.
This poll is stupid, and you are correct. When most people think of socialism, they think of European countries and their policies. While European countries do spread the wealth to a greater degree than happens in the US, they are not socialist. They do have more government run programs and higher taxes, but free enterprise is still the main driving force of their economies.
The only real difference between the US and most of Europe is that those governments offer some type of national healthcare as does Canada. Does anyone here think Canada is a socialist country? I sure don't. Now there are very valid arguments for and against national healthcare, but having it does not make a country socialist.
The reason they think this is the Republican rethoric over the last thirty years.
They scream socialism so much that it means nothing to people anymore.
The Daily show sent Wyatt Sedacis to Sweden or Denmark and he was trying to get them to say America's way was better. He said, you name one good thing about Sweden and I'll say one good thing about America, and Sweden won.
All the services they provide to their citizens. Capitalism sucks.
The Daily Show with Jon Stewart Official Website | Current Events & Pop Culture, Comedy & Fake News | Comedy Central
In times of crises, people tend to question the dominant system, so its no surprise more of the population is skeptical of capitalism. This is not the first time it has happened in America, nor will it be the last.
There will be no Scandinavian type socialism in America, even if some elements of the Democrat party want it. It runs too counter to the ethos of this country.
Can I ask a question? At what point does the GOP stop fighting for Corporations and start fighting for Americans? They bashed the unions and said they raise prices and cause layoffs, so jobs went down south. But Corporations weren't happy, so they got NAFTA passed. And soon the people down south will be too expensive, so we'll start sending jobs to China, Mexico and India. Oh, we already do that. If we try to stop this, they say it will raise the cost of their products and they'll have to lay people off. So then they want more and more tax breaks. Thru the years their tax rates have gone lower and lower every decade. They say if we don't give them the tax breaks, or if we raise their taxes, it'll raise the price of products and they'll have to lay people off.
And yesterday Iremon, my buddy, said Corporations shouldn't pay ANY taxes, because it'll raise the prices and they won't be able to hire more people.
AND, someone said we need to lower their taxes so they can compete with 3RD world countries???
So won't they eventually tell us that they have to lower all of our wages so they can compete? See where I'm going with this? Soon American workers will be too expensive to deal with. Hell, we're already there.
More precisely, what I have argued is that a tax on corporations at least to an extent is passed along to consumers with higher prices, and therefore acts like a sales tax disproportionatley levied on the poorer.
Furthermore, taxes on corps makes them less competitive internationally.
What I said is that instead of taxing corps, the people who received big benefits from the corps should be taxed at a higher rate. If the fact that the CEO is making $50 million seems unreasonable to you, then the answer is to crank the income tax rate for folks making above $5 or $10 million to, say, 70% and lower tax rates on working poor. Not raise corporate tax rates.
The reason they think this is the Republican rethoric over the last thirty years.
They scream socialism so much that it means nothing to people anymore.
The Daily show sent Wyatt Sedacis to Sweden or Denmark and he was trying to get them to say America's way was better. He said, you name one good thing about Sweden and I'll say one good thing about America, and Sweden won.
All the services they provide to their citizens. Capitalism sucks.
The Daily Show with Jon Stewart Official Website | Current Events & Pop Culture, Comedy & Fake News | Comedy Central
The corps here do not want the American people to have that same kind of safety net. They want the work force more pliable and desperate.
Sweden is not even really a socialist country but the right has screamed so much so falsely about it that in comparison people are starting to think that socialism is better when they look at what people in sweden can rely on in tough times.
I loved that Daily show bit.
The Daily show sent Wyatt Sedacis to Sweden or Denmark and he was trying to get them to say America's way was better. He said, you name one good thing about Sweden and I'll say one good thing about America, and Sweden won.
All the services they provide to their citizens. Capitalism sucks.
The Daily Show with Jon Stewart Official Website | Current Events & Pop Culture, Comedy & Fake News | Comedy Central
The corps here do not want the American people to have that same kind of safety net. They want the work force more pliable and desperate.
Sweden is not even really a socialist country but the right has screamed so much so falsely about it that in comparison people are starting to think that socialism is better when they look at what people in sweden can rely on in tough times.
I loved that Daily show bit.
Lets say I have 5 swedish women....
Every tax levied will be passed onto the average consumer.
NO matter how you set it up they will pass the cost onto the little guy.
That is why raising the tax rate of those who benifit most from the system is completely fair.
If you dont tax them directly they will actually be left out of the tax loop entirely.
Can I ask a question? At what point does the GOP stop fighting for Corporations and start fighting for Americans? They bashed the unions and said they raise prices and cause layoffs, so jobs went down south. But Corporations weren't happy, so they got NAFTA passed. And soon the people down south will be too expensive, so we'll start sending jobs to China, Mexico and India. Oh, we already do that. If we try to stop this, they say it will raise the cost of their products and they'll have to lay people off. So then they want more and more tax breaks. Thru the years their tax rates have gone lower and lower every decade. They say if we don't give them the tax breaks, or if we raise their taxes, it'll raise the price of products and they'll have to lay people off.
And yesterday Iremon, my buddy, said Corporations shouldn't pay ANY taxes, because it'll raise the prices and they won't be able to hire more people.
AND, someone said we need to lower their taxes so they can compete with 3RD world countries???
So won't they eventually tell us that they have to lower all of our wages so they can compete? See where I'm going with this? Soon American workers will be too expensive to deal with. Hell, we're already there.
More precisely, what I have argued is that a tax on corporations at least to an extent is passed along to consumers with higher prices, and therefore acts like a sales tax disproportionatley levied on the poorer.
Furthermore, taxes on corps makes them less competitive internationally.
What I said is that instead of taxing corps, the people who received big benefits from the corps should be taxed at a higher rate. If the fact that the CEO is making $50 million seems unreasonable to you, then the answer is to crank the income tax rate for folks making above $5 or $10 million to, say, 70% and lower tax rates on working poor. Not raise corporate tax rates.
Alright!!! I can't argue with that. IF they taxed the rich to make up for it, sure. FINE!!
You fucking win again!!!
Every tax levied will be passed onto the average consumer.
NO matter how you set it up they will pass the cost onto the little guy.
That is why raising the tax rate of those who benifit most from the system is completely fair.
If you dont tax them directly they will actually be left out of the tax loop entirely.
And they'd be a whole lot less willing to start an Iraq war for oil when they know they would be the ones who have to pay for it.
You and Iriemon are fucking genious!!!!
We were already getting Iraq's oil cheap (food for oil program). We didn't need to steal it. Unless they also wanted to pull in their defense contractor buddies so they could also rape the treasury via war for profit.
They wouldn't have done that if the GOP base was paying for it.
More precisely, what I have argued is that a tax on corporations at least to an extent is passed along to consumers with higher prices, and therefore acts like a sales tax disproportionatley levied on the poorer.
Furthermore, taxes on corps makes them less competitive internationally.
What I said is that instead of taxing corps, the people who received big benefits from the corps should be taxed at a higher rate. If the fact that the CEO is making $50 million seems unreasonable to you, then the answer is to crank the income tax rate for folks making above $5 or $10 million to, say, 70% and lower tax rates on working poor. Not raise corporate tax rates.
Alright!!! I can't argue with that. IF they taxed the rich to make up for it, sure. FINE!!
You fucking win again!!!
Year - Inc. tax rev. - corp tax rev.
2000 1004.5 207.3
2008 1,145.7 304.3
% change 14.1% 46.8%
Corporate tax revenues increased 47% during the Bush administration while income tax revenues increased only 14%. You reckon that's a coincidence? Do you think the Bush administration slashed income taxes but not corporate taxes because they thought it would be fairer for the little guys?
The proof is in the pudding, as they say.
Only 53% of American adults believe capitalism is better than socialism.
The latest Rasmussen Reports national telephone survey found that 20% disagree and say socialism is better. Twenty-seven percent (27%) are not sure which is better.
Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided. Thirty-somethings are a bit more supportive of the free-enterprise approach with 49% for capitalism and 26% for socialism. Adults over 40 strongly favor capitalism, and just 13% of those older Americans believe socialism is better.
Investors by a 5-to-1 margin choose capitalism. As for those who do not invest, 40% say capitalism is better while 25% prefer socialism.
There is a partisan gap as well. Republicans - by an 11-to-1 margin - favor capitalism. Democrats are much more closely divided: Just 39% say capitalism is better while 30% prefer socialism. As for those not affiliated with either major political party, 48% say capitalism is best, and 21% opt for socialism.
Rasmussen Reports: The Most Comprehensive Public Opinion Data Anywhere
Come on, capitalism!
