Cammmpbell
Senior Member
- Sep 13, 2011
- 5,095
- 519
- 48
- Thread starter
- #81
What a bunch of bullshit.
It began with Reagan's trillion's in cuts but look closely at the Bush tax cuts in 2001 and 2003 and it's not rocket science....the wealthy no longer pay their fair share:
Their kids don't go 10,000 miles across the globe to fight and die in the wars they start either
Increasing productivity and reducing cost is a good thing.
Labor is a commodity. Labor is the largest cost of doing business. With profits being squeezed by an increasingly globalized marketplace and increased competition, labor is the first thing to be looked at for cost reductions.
For example....The CEO of American Airlines, one the legacy carriers saddled with very high labor costs due to labor unions told of a situation where the security of hangars was modified to reduce labor costs.
First the theft of tools and materials was deemed out of control. So the company placed security people. With the reduced thefts, the word was obviously out that it was unwise to steal. They reduced the number of people used for security.
Then the company brought in guard dogs and replaced the security people.
Then with even fewer thefts, they reduced the number of guard dogs then reduced the number of hours the dogs were present.
The cost of security went from thousands of dollars per week, to a few hundred. I call that good business.
Confiscating more money for government to spend has nothing to do with this.
Private and public sector expenses are mutually exclusive.
Anyone that does not know that when a company can increase productivity while firing employees at the same time it skyrockets stock prices is a fool.
Increases dividends to the middle class retirees, lowers interest rates of capital, frees up capital for invesment in growth-brick and mortar and raises salaries for those workers left in the company.
Basic Econ 101. Most high school grads can not even balance a check book.
Best thing for capitalism is to lower labor costs and raise productivity.
But the liberal is a damn fool and has no comprehension of the free market.
They want "what is fair" as the cry if Johnny gets a bigger cookie than they did.
Total U S Debt
09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)
09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)
09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)
09/30/1981 $997,855,000,000.00