Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
I didn't inflate and crash a credit/housing bubble either.
Did you?
Why? It's working very well in every country where it's in place, e.g., Canada, France, Germany, et.al. The problems here are bureaucracy, fraud and mismanagement, all of which can be controlled with sensible regulation.Anybody who claims that creating a massive federal bureaucratic apparatus (i.e. "single payer" socialized medical services) as a way to save money has zero credibility whatsoever.
You've become a Johnny One-Note with this "envy" theory. Who planted that notion in your mind -- Limbaugh, Beck or Hannity?
Fourty yerars of supply side tax policies.
How's that hopey changie thing working out for Americans, corporatists?
Bubba and Reich did have considerable influence on taxing and spending policies between '92 and 2002.Complete...Utter....Total...Bullshit.Robert Reich's academically competent advice led to the economic success of the Clinton Administration and now he's telling us how to best deal with our debt problem.
During the '92 presidential campaign and after, Perot pointed out numerous times that, given the 3-ish% growth rate and revenue taken by the feds under the current taxing and spending structure, the budget was going to balance all by itself in 2002.
Buuba didn't do that...Reich didn't do that....The republican congress didn't do that.
Why We Must Raise Taxes on the Rich
Wednesday 6 April 2011
by: Robert Reich, Robert Reich's Blog
Read the whole article before disputing what Reich is saying:Its tax time. Its also a time when right-wing Republicans are setting the agenda for massive spending cuts that will hurt most Americans.
Heres the truth: The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
Even if we got rid of corporate welfare subsidies for big oil, big agriculture, and big Pharma even if we cut back on our bloated defense budget it wouldnt be nearly enough.
Why We Must Raise Taxes on the Rich | Truthout
Having seen what the so-called "free market" has done to our economy over the past three decades you are still a Milton Friedman acolyte? Interesting.Robert Reich...
He's starting with a flawed premise:
The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
He has no interest in making social security and medicare more efficient by using free market solutions and we already pay way too much for education.
Not really. At least not according to Webster:He'll have to define what he means by infrastructure because that could mean anything.
infrastructure (infre strukcer)
n.
a substructure or underlying foundation; esp., the basic installations and facilities on which the continuance and growth of a community, state, etc. depend, as roads, schools, power plants, transportation and communication systems, etc.
infrastructural
adj.
Etymology
[infra- + structure]
Your post was predictable, but I still got a chuckle. And infrastructure can mean whatever you want it to mean. Sure there are a few basic definitions, but politicians will define it however they want. Pretty soon you're going to tell me Webster's definition of the word 'Liberal' accurately reflects what an American Liberal believes.
We already covered that ground and debunked the myth, Crayon Boy.
It's not an 'article', it's a blog.
September 27, 2000
"Eight years ago, our future was at risk," Clinton said Wednesday morning. "Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion."
Instead, the president explained, the $5.7 trillion national debt has been reduced by $360 billion in the last three years -- $223 billion this year alone.
This represents, Clinton said, "the largest one-year debt reduction in the history of the United States."
Here's another one that's perfect for every response: Fuck you.Johnny one note..that's funny.
Oddball starts every counter argument by saying "anyone that believes *strawman* is an idiot / loses credibility / can't be taken seriously"
It's perfect for every response.
Now, name just one federal program (remember, Reich is claiming that socialized medicine will make it cheaper) that has come in under projected costs....Just one.
In fact, Medicare costs in excess of ten times (counting for inflation) what it was projected to cost, when that abortion of a program was put into effect.
August 27, 2009
"....the 2003 Senate vote on Medicare Part D, the budget-busting prescription drugs for seniors bill that passed the Senate 54-44, even though it wasn't paid for (it adds trillion$ to the deficit over time)."
Having seen what the so-called "free market" has done to our economy over the past three decades you are still a Milton Friedman acolyte? Interesting.Robert Reich...
He's starting with a flawed premise:
He has no interest in making social security and medicare more efficient by using free market solutions and we already pay way too much for education.
Not really. At least not according to Webster:He'll have to define what he means by infrastructure because that could mean anything.
infrastructure (infre strukcer)
n.
a substructure or underlying foundation; esp., the basic installations and facilities on which the continuance and growth of a community, state, etc. depend, as roads, schools, power plants, transportation and communication systems, etc.
infrastructural
adj.
Etymology
[infra- + structure]
.....And, you folks NEVER THANKED LIL' DUMBYA for it??!!!Here's another one that's perfect for every response: Fuck you.Johnny one note..that's funny.
Oddball starts every counter argument by saying "anyone that believes *strawman* is an idiot / loses credibility / can't be taken seriously"
It's perfect for every response.
Now, name just one federal program (remember, Reich is claiming that socialized medicine will make it cheaper) that has come in under projected costs....Just one.
In fact, Medicare costs in excess of ten times (counting for inflation) what it was projected to cost, when that abortion of a program was put into effect.
August 27, 2009
....the 2003 Senate vote on Medicare Part D, the budget-busting prescription drugs for seniors bill that passed the Senate 54-44, even though it wasn't paid for (it adds trillion$ to the deficit over time)."
Who or what "set the course for the budget to project out to balance in 2002, you fool?"Bubba's/Reich's taxing policies aren't what set the course for the budget to project out to balance in 2002, you fool....The existing taxing and spending structure was bringing that about as a matter of course, only to have the debt continue to explode after '02.
Reading for comprehension will really improve your communication skills.
Is that a recent picture of you in your avatar?I didn't inflate and crash a credit/housing bubble either.
Did you?
Yes you did. You voted in the scumbags responsible. The rest of your screed is equally fallacious and absurd. It's the same old liberal pap we've been listening to for 100 years. the rich aren't the reason your a pathetic miserable failure. Only you are responsible for that.
Who cut the capital gains tax rate to 15%?That it was on course to balance during the 1992 campaign, waaaaaay before Bubba took office, it's safe to say that neither he nor Reich had much of anything to do with the fact, other than to stand around and take credit for the inevitability.
Keep swingin' away there, slugger.
