Tax the rich, lose the rich

GDP growth for Q2 has been revised downward to 2.6%.

At this point after the 1981 recession, we had growth rates of double to more than triple that level.

The proof is in the GDP Growth Pudding. Obamanomics is an Epic Fail.

As anyone with an ounce of common sense, economic literacy, and historical perspective knows: the more you tax something, the less of it you get; the more you subsidize something, the more of it you get.

Obamanomics subsidizes Big Government and taxes productivity. That's why unemployment is at unprecedentedly high levels for this stage of what is supposed to be an economic recover.

Fasten your seat belts, it's going to be a bumpy Double Dip.

Oh and (sarcasm coming) I am certain that it couldn't have anything to do with the republicans blocking and obstructing anything and everything including tax cuts for small businesses and extending unemployment benefits now could it?? It couldn't be because they would rather maintain the status quo in the hopes that the flatlining economy which has bene directly impacted by their obstruction will benefit them in the upcoming election now could it??

As usual with the republican hacks and their lemming lap dogs who are willfully ill-informed it is party first and the end justifies the means.

I just love how morons parrot the bs about taxes and yet when asked for substance about how obama did anything to impact their taxes negatively they become mute on the subject or just parrot the same lame claims over and over again.

The Democrats have controlled Congress for 4 years. Obama has been in the White House nearly two years. For most of the last two years Democrats have had solid majorities--nearly filibuster proof.
And the poor economy is the fault of the GOP??
The Republicans must be wizards if they can figure out a way to stop legislation when the Democrats hold the cards. And teh Democrats must be dumb as dirt not to be able to get their own legislation passed.
And DrSmith must not be the sharpest tool in the shed if he really believes this.
 
I am not going to say you are lying.

You are misinformed.

People may take less money during a recession. But they do not naturally gravitate from better to worse.

Wages have been stagnant since the 70's and are now in full decline with the economic collapse. And yes, we are gravitating from better to worse and I don't see it ever reversing.
 
I love how people "know" what other people are really thinking.

Define "Marxism", if you're so sure that you "know".
Placing less value on individual freedoms than collective interests. Centrally planned economy. Government run or owned industry. Rigid speech and thought control.

You know...all the things leftists love.

Yeah, none of these things are true.

"Marxism" is a anarco-collectivist philosophy. As in, there is no "government" to own anything.

Learn the definitions of words before you use them.
Call it what you like. It's anti-freedom, and history has shown it to be an utter failure.
Plus, I don't think you've ever actually met a "leftist". Name one person on this board who is in favor of what you call "rigid speech and thought control".
Any one of you wannabe totalitarians who want Fox News shut down.
 
People generally don't gravitate from better to worse working conditions.

American workers have... and for less money too.


Enter problem number two of the liberal mindset: Everything is predestined. You have no control over your future, your opportunities for making money float in the wind and luck cloud may land on you or it may not....according to liberals.

The main problem with the conservative mindset is that the theoretical possibility that anyone can get rich DOES NOT mean there's a level playing field. Yes, it is certainly possible for someone to grow up in a trailer park and become a billionaire. But it's a lot easier for a millionaire to become a billionaire.
 
and to the doctorisin.

please explain how jesus was a community organzier.

uh.. seriously?


0-r-g-a-n-i-z-e-r


yup.. jesus showed that he sure was a capitalist after whooping some moneychanger ass and, you know, gathering loaves and fishes and the redistributing them...


:cuckoo:
 
Placing less value on individual freedoms than collective interests. Centrally planned economy. Government run or owned industry. Rigid speech and thought control.

You know...all the things leftists love.

Yeah, none of these things are true.

"Marxism" is a anarco-collectivist philosophy. As in, there is no "government" to own anything.

Learn the definitions of words before you use them.
Call it what you like. It's anti-freedom, and history has shown it to be an utter failure.
"History" has shown nothing, there has never been a "Marxist" society on this planet, ever. Marxism is a utopian pipe dream, that has never occured. Just like laissez-faire capitalism. That's never worked either.

Plus, I don't think you've ever actually met a "leftist". Name one person on this board who is in favor of what you call "rigid speech and thought control".
Any one of you wannabe totalitarians who want Fox News shut down.

Show me a single post that advocates shutting down fox news by a non-troll poster.
 
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People generally don't gravitate from better to worse working conditions.

American workers have... and for less money too.


Enter problem number two of the liberal mindset: Everything is predestined. You have no control over your future, your opportunities for making money float in the wind and luck cloud may land on you or it may not....according to liberals.

yea bern.. go tell that to all those starving humans in Ethiopia who, apparently, just need to learn where their own bootstraps are located.

:cuckoo:
 
I love the whiners about overseas jobs. You can't have it both ways people. Either you can keep jobs here and pay more for goods services, lowering everyone's standard of living. Or you can hire cheap labor overseas that allows goods and services to cost less, which allows consumers to keep more money. Pick one.

Um, how do IT and customer service people lower the cost of cheap crap at Wal Mart??? Those are the decent-paying jobs that have been decimated.

Jobs do not change in value.
People do.

If you are content at being a clerk in a store, you will recieve your annual raise to a point where you are no longer cost effective in that position. You may be doing it for 10 years, but you are doing no more and no better than someone doing it for 1 year...yet your salary is infinately higher. It is poor business sense to keep you in that position.

It is up to you to strive to go to the next level.

One needs to strive to better themselves to get to the next level.
 
Note to liberals:

Eventually, you run out of other people's money to be generous with.

Note to con$ervative corporatists:

You started a useless war (ironically, for profit) with "other people's" money and then proceeded to "lose" what, 12 billion of that? Pay that back and then we'll talk about spending "other people's money". China is waiting for the mortgage payment, by the way...

Bin Laden started the war--ever read his declaration?

Remember now sweetheart you are addressing the BLAME AMERICA FIRST crowd.. :eusa_angel:
 
[/quote]

Oh and (sarcasm coming) I am certain that it couldn't have anything to do with the republicans blocking and obstructing anything and everything including tax cuts for small businesses and extending unemployment benefits now could it?? It couldn't be because they would rather maintain the status quo in the hopes that the flatlining economy which has bene directly impacted by their obstruction will benefit them in the upcoming election now could it??

As usual with the republican hacks and their lemming lap dogs who are willfully ill-informed it is party first and the end justifies the means.

I just love how morons parrot the bs about taxes and yet when asked for substance about how obama did anything to impact their taxes negatively they become mute on the subject or just parrot the same lame claims over and over again.[/QUOTE]

yes, if only we could have etended unemployment benefits sooner, that would have really spurred the economy. according to nancy pelosi, unemployment benefits are the fastest way to create jobs. if that were the case, shouldn't we be at amuch lower unemployment rate right now?

the fact remains that democrats are unwilling to acknowledge that it is their Healthcare Bill, their Financial Reform and their threat of increasing taxes that have led companies to sit on $2 trillion in cash rather than hiring. Of course, in your mind, the only reason they are doing this is because they're greedy.
 
More Rich Americans Renounce U.S. Citizenship over Taxes - DailyFinance

Keep in mind that wealthy people represent the dynamic force in our economy, starting businesses, expanding existing businesses or investing in new or starting companies. That they want to take their marbles and leave is a bad sign for us.
All you "don't let the screen door hit you where the good Lord split you" liberal class warriors can just STFU now.

Hey Rabbi, if you keep sucking on the dick of the wealthy, maybe it will provide you with some protein, BUT, Bush's tax cuts for the rich provided ZERO private sector job growth and cost taxpayers 2.5 trillion dollars.

And let's be clear, the Bush tax cuts didn't just produce fewer jobs than advertised. They didn't produce any private sector jobs at all. The whole experiment in handing over money to the wealthiest people in America so they could use it to benefit the rest of us was a colossal -- empirically verifiable -- failure.

Now compare that to the Clinton administration where the rich paid Clinton-era tax rates. Of the total of 22.5 million new jobs, 20.7 million, or 92 percent, were in the private sector.

Turns out that when they were given all of those tax cuts, the top two percent of the population used them to speculate in exotic derivatives, to drive up the prices of high-end real estate, pay exorbitant prices to the designers of $4,000 blouses and $2,000 shoes. There is absolutely no evidence that they made any more investments in new manufacturing plants, or started up any more businesses than they would have had they paid the same tax rates that they did when Ronald Reagan took office and private sector job growth was 3% per year.

No, instead the rich used the Bush Tax Cuts to create the gigantic economic "bubble" that ultimately burst and caused immeasurable hardship and suffering to millions of average Americans and everyday people across the globe.

Most economists agree that the best way to close the "demand deficit" that is at the root of our economic problems is to put money into the hands of people who will spend it -- because they need to. Mark Zandi, Chief Economist for Moody's who was economic adviser to former Republican presidential candidate John McCain, argues that the most efficient way to create immediate growth in demand are investments in food stamps and unemployment benefits. In fact, he estimates that every dollar of spending on unemployment benefits increases overall economic growth by $1.61. That's because people who get unemployment benefits need to spend the money, and the people who receive it from them spend it as well, and so on.

You don't create more demand by giving money to rich people who don't spend it -- or for that matter, to corporations who sit on huge sums of cash. And that is one of our current economic problems. Corporate bank accounts are bulging with cash. And remember, corporate profits have actually gone up in the last quarter -- mostly by cutting back the costs -- and especially cutting jobs.
 
Note to liberals:

Eventually, you run out of other people's money to be generous with.

Note to con$ervative corporatists:

You started a useless war (ironically, for profit) with "other people's" money and then proceeded to "lose" what, 12 billion of that? Pay that back and then we'll talk about spending "other people's money". China is waiting for the mortgage payment, by the way...

Bin Laden started the war--ever read his declaration?

And iraq had nothing to do with bin laden but you know that already so why even try to dishonestly link the two??
 
I love the whiners about overseas jobs. You can't have it both ways people. Either you can keep jobs here and pay more for goods services, lowering everyone's standard of living. Or you can hire cheap labor overseas that allows goods and services to cost less, which allows consumers to keep more money. Pick one.

Um, how do IT and customer service people lower the cost of cheap crap at Wal Mart??? Those are the decent-paying jobs that have been decimated - for higher profits.

They lower the cost of IT sector and telecomunication services, like your internet and cable or satellite TV.
 
http://www.usmessageboard.com/the-flame-zone/125927-a-list-of-truthmattersnots-lies.html


Remember this thread Boody?

You were caught red handed in a lie.

Now go get one single lie of mine.

Get a room. We are having a useful debate here.

I get to respond when being called A LIAR BY A LIAR.

Now do want to explain why you hate the working class so much and want to keep the distruction of the middle class going by giving gravy train special treament to the Uber wealthy?
 
I love the whiners about overseas jobs. You can't have it both ways people. Either you can keep jobs here and pay more for goods services, lowering everyone's standard of living. Or you can hire cheap labor overseas that allows goods and services to cost less, which allows consumers to keep more money. Pick one.

Um, how do IT and customer service people lower the cost of cheap crap at Wal Mart??? Those are the decent-paying jobs that have been decimated - for higher profits.

They lower the cost of IT sector and telecomunication services, like your internet and cable or satellite TV.

Dam logic.

Come on. Make it interesting. Use rhetoric instead. Then we can have a REAL debate.
 

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