Which political party is most responsible for our high national unemployment rates?

Discussion in 'Current Events' started by Nighthawk62, Nov 23, 2010.

  1. Nighthawk62
    Offline

    Nighthawk62 Member

    Joined:
    Nov 20, 2010
    Messages:
    42
    Thanks Received:
    9
    Trophy Points:
    6
    Ratings:
    +9
    [​IMG]

    The Democrats took over the House and Senate after the elections in 2006. Since then, our thriving economy has gone to “hell in a handbasket” thanks to their very foolish tax and spend policies. And given this evidence, people correctly say the Democrats cannot think logically or rationally!
     
  2. Article 15
    Offline

    Article 15 Dr. House slayer

    Joined:
    Jul 4, 2008
    Messages:
    24,673
    Thanks Received:
    4,832
    Trophy Points:
    183
    Ratings:
    +4,859
    The Republicrats, simpleton.
     
    Last edited: Nov 23, 2010
  3. kyzr
    Offline

    kyzr Gold Member

    Joined:
    Oct 14, 2009
    Messages:
    3,447
    Thanks Received:
    450
    Trophy Points:
    130
    Ratings:
    +630
    Its actually BOTH political parties.

    1. The dems protected Fannie & Freddie as their cash cows, and passed the Community Reinvestment Act, which gave mortgages to the unqualified, which led to the massive foreclosure rate and the financial collapse.

    2. The GOP passed the "American Jobs Creation Act" which basically gave tax breaks to move factories & jobs overseas. The resulting unemployment rate led them to slither out of DC in shame with the US economy in shambles.

    Both parties are lying coxuckers. I hope the TEA Party tosses everyone who helped create the mess out of DC.
     
  4. skookerasbil
    Offline

    skookerasbil Gold Member

    Joined:
    Aug 6, 2009
    Messages:
    24,269
    Thanks Received:
    2,920
    Trophy Points:
    290
    Location:
    Not the middle of nowhere
    Ratings:
    +6,257
    Lets keep in mind the election results of three weeks ago where America obstensibly said "FCUKK YOU" to progressive public policy................

    [​IMG]
     
  5. skookerasbil
    Offline

    skookerasbil Gold Member

    Joined:
    Aug 6, 2009
    Messages:
    24,269
    Thanks Received:
    2,920
    Trophy Points:
    290
    Location:
    Not the middle of nowhere
    Ratings:
    +6,257
    what the election results told us..................



    [​IMG]
     
  6. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    DEREGULATION caused this mess.

    Everytime we deregulate we end up with an Enron , savings loan fiasco and or what we have now.


    There is one party that promotes deregulation as a solution to almost everything, the Republican party.
     
  7. skookerasbil
    Offline

    skookerasbil Gold Member

    Joined:
    Aug 6, 2009
    Messages:
    24,269
    Thanks Received:
    2,920
    Trophy Points:
    290
    Location:
    Not the middle of nowhere
    Ratings:
    +6,257
    Thomas Sowell
    Deficit Reduction

    Another deficit reduction commission has now made its recommendations. My own recommendation for dealing with deficits would include stopping the appointment of deficit reduction commissions.

    It is not the amount of money that these commissions cost that is the issue. It is the escape hatch that they provide for big-spending politicians.

    Do you go ahead and spend the rent money and the food money-- and then ask somebody else to tell you how to escape the consequences?

    If President Obama or the Congress were serious about keeping the deficit down, they could have had this commission's recommendations before they spent hundreds of billions of dollars, handing out goodies hither and yon to their pet constituencies.

    I don't know why people agree to serve on these bipartisan commissions, which save the political hides of the big spenders after they have run up huge deficits. Back in the 1950s, there was a saying: "If you didn't invite me to the take-off, don't invite me to the crash landing."

    Deficit commissions make it politically possible to spend money first and get somebody else to recommend raising taxes later. They are a virtual guarantee of never-ending increases in both spending and taxes.

    Why provide political cover? Leave the big spenders out there naked in front of the voters! Either the elected officials will change their ways or the voters can change the officials they elect.

    There is no special information or wisdom available to unelected deficit commissions that is not available to elected officials. Nor are they more far-seeing than politicians.

    Cutting defense spending to save money? That is one of the oldest moves in the liberal play book. Some soldiers may pay with their lives for this, but that could be years from now-- and after the next election, which is as far as most politicians think.

    The biggest immediate tax issue is whether the Bush tax cuts will be extended for everyone. Here, as elsewhere in politics, sheer hogwash reigns supreme.

    Nancy Pelosi claims that the "tax cuts for the rich" cannot be continued because it would be "too costly." Although former Republican Majority Leader Dick Armey says, "Demagoguery beats data" in politics, here are some data anyway.

    The first big cut in income taxes came in the 1920s, at the urging of Secretary of the Treasury Andrew Mellon. He argued that a reduction of the tax rates would increase the tax revenues. What actually happened?

    In 1920, when the top tax rate was 73 percent, for people making over $100,000 a year, the federal government collected just over $700 million in income taxes-- and 30 percent of that was paid by people making over $100,000. After a series of tax cuts brought the top rate down to 24 percent, the federal government collected more than a billion dollars in income tax revenue-- and people making over $100,000 a year now paid 65 percent of the taxes.

    How could that be? The answer is simple: People behave differently when tax rates are high as compared to when they are low. With low tax rates, they take their money out of tax shelters and put it to work in the economy, benefitting themselves, the economy and government, which collects more money in taxes because incomes rise.

    High tax rates which very few people are actually paying, because of tax shelters, do not bring in as much revenue as lower tax rates that people are paying. It was much the same story after tax cuts during the Kennedy administration, the Reagan administration and the Bush Administration.

    The New York Times reported in 2006: "An unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the projected budget deficit this year."

    Expectations are in the eyes of the beholder-- and in the rhetoric of the demagogues. If class warfare is more important to some politicians than collecting more revenue when there is a deficit, then let the voters know that.

    And spare us so-called "deficit reduction commissions."

    Deficit Reduction - Thomas Sowell - Townhall Conservative
     
  8. skookerasbil
    Offline

    skookerasbil Gold Member

    Joined:
    Aug 6, 2009
    Messages:
    24,269
    Thanks Received:
    2,920
    Trophy Points:
    290
    Location:
    Not the middle of nowhere
    Ratings:
    +6,257



    [​IMG]
     
  9. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,212
    Trophy Points:
    270
    Ratings:
    +7,684
    TM, why don't you start a new thread outlining the Democrat plan for job growth and defend it point by point. Don't forget to include Obama and the dems tripling the National debt and unemployment at near 10%.
     
  10. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    Why dont you ever accept the blame you deserve for your failed ideas and your white knuckle clinging to them even after history has proven they failed repetedly.
     

Share This Page

Search tags for this page
how our political system are responsible for unemployment in wikipedia
,

which party is responsible for high income taxes

,
which party is responsible for higher electric rates