Elizabeth Warren Fights Back Against the "Magical Accounting" of Trickle-Down Economics

[Toddsterpatriot]

Oh yes it does.

The government wage and benefit structure has been established for decades

Just because the private sector has chosen to pocket their record profits and screw their workers is no reason for the Government to match them in their abuse of their workforce

You bet there is.

If the poor bastard doing the same thing as you is making less...why the **** should he pay taxes so you can make more.

Methinks you work for the fed....[shocked]

If workers are leaving the private sector to take government employment it puts pressure on the private sector to improve wages and benefits

If the private sector is suffering in a bad economy, you may have a point. But a private sector which is sitting on trillions of dollars while they pay their employees shit should not be pitied

We are not talking about the companies...we are talking about the employees. Government jobs should pay 5 to 10% less than the private sector.

Agree

And we should be encouraging the private sector to take their record profits and pay their employees 5-10% more than the government sector like they used to

Boot illegal workers who are pushing down wages and pushing up government expenditures.

 

[Wry Catcher]

Some take you seriously, and many, many, many more take her seriously than take you so. Most find you silly and trite. So trite it is not worth commenting on your ridiculous example.

Now THERE'S a "compelling argument," since many many more know her than know me, and there are lots of brain damaged modern American lolberals who lap up the pablum imbecility she spouts as though it was something of value.

And you are wrong and a moron in any event. Some dishrag lightweights such as you find me silly and trite. I will try real hard to give a shit about the opinions of assholes such as you. someday.

But the "ridiculous" example I offered were her own words.

You might want to pretend that you can defend that bullshit, but let's face facts. You couldn't even if you were smart.

And you aren't.

Your response is mindful of olde Wil: "The lady doth protest too much, methinks".

I ignore the clowns who post ad hominems, you shit your pants and have an emotional meltdown. Pardon me while I clean my screen, I LOL reading your rant and spryed the screen with my iced coffee.

I know what Obama meant by his comment, only morons and partisan hacks spin it the way you did.

I enjoy the fact that you so publicly do the very thing you pretend to identify in my postings.

The fact remains, all your bitching, moaning and hypocritical bleating notwithstanding:

Elizabeth Warren is lauded by you mindless sheep silly lolberals AFTER saying massively ignorant trite stupid shit.

I just chortle when I see your fellow lolberal goons lap up her horseshit.

I give what you and other *^*$&#$&*%*( deserve. An honest debate is a rare thing on this message board. There are people who promise to leave and never return as a the consequence of losing a bet, and return as a sock. Now I know you would never forgive someone so )&)(^*$* who did so, but that's life.

LOL

I "deserve" your ineffectual efforts?

Thanks!

You remain an empty void of wasted existence.

Meanwhile, you blathering douche bag, the FACT remains:

Elizabeth Warren is dumber than even you.

Look who thanked you for your ^^^ post. You must be so proud to be in the same league as CrusaderFrank. LOL

 

[Wry Catcher]

If government can attract the best and the brightest we will have a workforce of the best and the brightest
If private industry slashes wages and benefits, they will get the workforce they deserve. The money is there to pay better wages. The fact that they choose to pocket the profit does not mean the government should choose to meet them at the bottom

Oh yes it does.

The government wage and benefit structure has been established for decades

Just because the private sector has chosen to pocket their record profits and screw their workers is no reason for the Government to match them in their abuse of their workforce

The idea that government workers are entitled to more than workers in the private sphere couldn't be more totalitarian.

The private sphere has decided that they can screw their workers while they pocket record profits

No reason the government should follow suit

Just because you have no problem living off the private sector does not mean they have to support you past what they get.

If I were in office, you can bet I'd be pushing to have government wages slashed and government jobs cut.

Yeah, just like Eric the Weasel Cantor and the rest of the bums who pander to the power elite, get kicked out of office and end up being rewarded for being a dirt bag. You qualify for the MQ, Character Flawed.

 

[CrusaderFrank]

To review:

Liz Warren is a nut, certifiable

She thinks her cheekbones make her an Indian

 

[CrusaderFrank]

Now THERE'S a "compelling argument," since many many more know her than know me, and there are lots of brain damaged modern American lolberals who lap up the pablum imbecility she spouts as though it was something of value.

And you are wrong and a moron in any event. Some dishrag lightweights such as you find me silly and trite. I will try real hard to give a shit about the opinions of assholes such as you. someday.

But the "ridiculous" example I offered were her own words.

You might want to pretend that you can defend that bullshit, but let's face facts. You couldn't even if you were smart.

And you aren't.

Your response is mindful of olde Wil: "The lady doth protest too much, methinks".

I ignore the clowns who post ad hominems, you shit your pants and have an emotional meltdown. Pardon me while I clean my screen, I LOL reading your rant and spryed the screen with my iced coffee.

I know what Obama meant by his comment, only morons and partisan hacks spin it the way you did.

I enjoy the fact that you so publicly do the very thing you pretend to identify in my postings.

The fact remains, all your bitching, moaning and hypocritical bleating notwithstanding:

Elizabeth Warren is lauded by you mindless sheep silly lolberals AFTER saying massively ignorant trite stupid shit.

I just chortle when I see your fellow lolberal goons lap up her horseshit.

I give what you and other *^*$&#$&*%*( deserve. An honest debate is a rare thing on this message board. There are people who promise to leave and never return as a the consequence of losing a bet, and return as a sock. Now I know you would never forgive someone so )&)(^*$* who did so, but that's life.

LOL

I "deserve" your ineffectual efforts?

Thanks!

You remain an empty void of wasted existence.

Meanwhile, you blathering douche bag, the FACT remains:

Elizabeth Warren is dumber than even you.

Look who thanked you for your ^^^ post. You must be so proud to be in the same league as CrusaderFrank. LOL

^^ JV

 

[rightwinger]

The government wage and benefit structure has been established for decades

Just because the private sector has chosen to pocket their record profits and screw their workers is no reason for the Government to match them in their abuse of their workforce

You bet there is.

If the poor bastard doing the same thing as you is making less...why the **** should he pay taxes so you can make more.

Methinks you work for the fed....[shocked]

If workers are leaving the private sector to take government employment it puts pressure on the private sector to improve wages and benefits

If the private sector is suffering in a bad economy, you may have a point. But a private sector which is sitting on trillions of dollars while they pay their employees shit should not be pitied

We are not talking about the companies...we are talking about the employees. Government jobs should pay 5 to 10% less than the private sector.

Agree

And we should be encouraging the private sector to take their record profits and pay their employees 5-10% more than the government sector like they used to

"Encourage"...meaning what ?

By offering better job opportunities for employees who are being denied wage increases.
The private sector is choosing not to pay their employees a decent wage. Removing the competition from the public sector for the best employees will only encourage the private sector to pay less

 

[rightwinger]

The private sector contributed to a 5% GDP last quarter, they have doubled their stock value, executive salaries are at all time highs

Yet private sector employee wages are stagnant.

The problem is clearly with the wages being paid in the private sector, not the public sector which has maintained the same wage scale

 

[bripat9643]

You bet there is.

If the poor bastard doing the same thing as you is making less...why the **** should he pay taxes so you can make more.

Methinks you work for the fed....[shocked]

If workers are leaving the private sector to take government employment it puts pressure on the private sector to improve wages and benefits

If the private sector is suffering in a bad economy, you may have a point. But a private sector which is sitting on trillions of dollars while they pay their employees shit should not be pitied

We are not talking about the companies...we are talking about the employees. Government jobs should pay 5 to 10% less than the private sector.

Agree

And we should be encouraging the private sector to take their record profits and pay their employees 5-10% more than the government sector like they used to

"Encourage"...meaning what ?

By offering better job opportunities for employees who are being denied wage increases.
The private sector is choosing not to pay their employees a decent wage. Removing the competition from the public sector for the best employees will only encourage the private sector to pay less

I love the way parasites justify their filthy lucre.

 

[Listening]

You bet there is.

If the poor bastard doing the same thing as you is making less...why the **** should he pay taxes so you can make more.

Methinks you work for the fed....[shocked]

If workers are leaving the private sector to take government employment it puts pressure on the private sector to improve wages and benefits

If the private sector is suffering in a bad economy, you may have a point. But a private sector which is sitting on trillions of dollars while they pay their employees shit should not be pitied

We are not talking about the companies...we are talking about the employees. Government jobs should pay 5 to 10% less than the private sector.

Agree

And we should be encouraging the private sector to take their record profits and pay their employees 5-10% more than the government sector like they used to

"Encourage"...meaning what ?

By offering better job opportunities for employees who are being denied wage increases.
The private sector is choosing not to pay their employees a decent wage. Removing the competition from the public sector for the best employees will only encourage the private sector to pay less

Don't make me laugh.

First, who gets to decide what is decent.

There is no competition from the public sector. Those jobs are paid on the backs of the private sector.

Why don't you raise their wages by 50%.

 

[Listening]

The private sector contributed to a 5% GDP last quarter, they have doubled their stock value, executive salaries are at all time highs

Yet private sector employee wages are stagnant.

The problem is clearly with the wages being paid in the private sector, not the public sector which has maintained the same wage scale

Why are these employees not banding together and competing ?

 

[CrusaderFrank]

The private sector contributed to a 5% GDP last quarter, they have doubled their stock value, executive salaries are at all time highs

Yet private sector employee wages are stagnant.

The problem is clearly with the wages being paid in the private sector, not the public sector which has maintained the same wage scale

Why are these employees not banding together and competing ?

Booooooooooooosh

 

[rightwinger]

If workers are leaving the private sector to take government employment it puts pressure on the private sector to improve wages and benefits

If the private sector is suffering in a bad economy, you may have a point. But a private sector which is sitting on trillions of dollars while they pay their employees shit should not be pitied

We are not talking about the companies...we are talking about the employees. Government jobs should pay 5 to 10% less than the private sector.

Agree

And we should be encouraging the private sector to take their record profits and pay their employees 5-10% more than the government sector like they used to

"Encourage"...meaning what ?

By offering better job opportunities for employees who are being denied wage increases.
The private sector is choosing not to pay their employees a decent wage. Removing the competition from the public sector for the best employees will only encourage the private sector to pay less

Don't make me laugh.

First, who gets to decide what is decent.

There is no competition from the public sector. Those jobs are paid on the backs of the private sector.

Why don't you raise their wages by 50%.

The reason your wages suck is not because public sector workers are making the same wages and benefits they always have

Your wages suck because your employer is making record profits and refusing to share it with you

 

[rightwinger]

The private sector contributed to a 5% GDP last quarter, they have doubled their stock value, executive salaries are at all time highs

Yet private sector employee wages are stagnant.

The problem is clearly with the wages being paid in the private sector, not the public sector which has maintained the same wage scale

Why are these employees not banding together and competing ?

Why are they not banding together and forming unions to force employers to pay better wages and benefits?

 

[Listening]

We are not talking about the companies...we are talking about the employees. Government jobs should pay 5 to 10% less than the private sector.

Agree

And we should be encouraging the private sector to take their record profits and pay their employees 5-10% more than the government sector like they used to

"Encourage"...meaning what ?

By offering better job opportunities for employees who are being denied wage increases.
The private sector is choosing not to pay their employees a decent wage. Removing the competition from the public sector for the best employees will only encourage the private sector to pay less

Don't make me laugh.

First, who gets to decide what is decent.

There is no competition from the public sector. Those jobs are paid on the backs of the private sector.

Why don't you raise their wages by 50%.

The reason your wages suck is not because public sector workers are making the same wages and benefits they always have

Your wages suck because your employer is making record profits and refusing to share it with you

Won't answer the question...I got it.

You can keep justifying your stealing from America all you want....it is still stealing.

 

[Listening]

The private sector contributed to a 5% GDP last quarter, they have doubled their stock value, executive salaries are at all time highs

Yet private sector employee wages are stagnant.

The problem is clearly with the wages being paid in the private sector, not the public sector which has maintained the same wage scale

Why are these employees not banding together and competing ?

Why are they not banding together and forming unions to force employers to pay better wages and benefits?

Because they've seen what unions can do to their members.

Unions only work when they have government help in their extortion.

 

[Dad2three]

"If you add the 4 years of deficits, you'll have the added debt after 4 years, Doofus."



REALLY? REALLY? lol. A deficit is ONLY the difference between what the Gov't spends and ALL monies coming in. Since Reagan increased SS taxes 60% the payroll taxes were HUGE and wiped out much of Ronnie's, Poppy's Clinton AND Dubya's DEFICITS, BUT STILL ADDED TO THE DEBT BECAUSE THEY BECAME INTRA GOV'T LOANS, LOL


GROW A BRAIN BUBBA

Since Reagan increased SS taxes 60%


Social Security History

The Social Security Administration says you're a liar.

OASDI rates went from 5.4% to 6.2%.

Greenspan commission? lol How about an actual law versus recommendation? lol



Weird I guess when taxes for the self employed doubled THAT didn't count OR the employers side which ALSO went up??lol

Total receipts SS


1982 $147,913 BILLION (PRE Reagan's tax increase on the bottom 90% of US as he cut taxes for the rich)

1989 $ 289,448Billion

Trust Fund Data

The chart that says present law shows the actual rates.
5.4% to 6.2% is a bit under a 15% increase. Not your idiotic 60% number.

Weird I guess when taxes for the self employed doubled THAT didn't count

Of course it counted.

OR the employers side which ALSO went up??

Yeah, the almost 15% increase on workers and employers adds up to an almost 15% increase.
Not your idiotic 60% increase.

1982 $147,913 BILLION
1989 $ 289,448Billion

It's amazing. Add millions and millions of new workers, tax receipts will increase.

14 million new private sector jobs and SS taxes increase by 100%? lol

Sure, taking self employed from 5.2% to 12.4% is a 15% increase

Just like the 15% from employers AND the 15% from employes actually ads up to 30% lol

Just like the 15% from employers AND the 15% from employes actually ads up to 30% lol

Umm, increasing the worker part 15% and the employer part 15% is a 15% increase. Idiot.

14 million new private sector jobs and SS taxes increase by 100%?

Holy shit! You've discovered that wages also increased. LOL!
If only Obama were able to get our wages to increase.

The private sector contributed to a 5% GDP last quarter, they have doubled their stock value, executive salaries are at all time highs

Yet private sector employee wages are stagnant.

The problem is clearly with the wages being paid in the private sector, not the public sector which has maintained the same wage scale

Why are these employees not banding together and competing ?

Why are they not banding together and forming unions to force employers to pay better wages and benefits?

Because they've seen what unions can do to their members.

Unions only work when they have government help in their extortion.

NO SENSE OF HISTORY FROM RIGHT WING KLOWNS


The Pullman Strike was a nationwide railroad strike in the United States in the summer of 1894. It pitted the American Railway Union (ARU) against the Pullman Company, the main railroads, and the federal government of the United States under President Grover Cleveland. The strike and boycott shut down much of the nation's freight and passenger traffic west of Detroit, Michigan. The conflict began in Pullman, Chicago, on May 11 when nearly 4,000 factory employees of the Pullman Company began a wildcat strike in response to recent reductions in wages.

Most factory workers who built Pullman cars lived in the "company town" of Pullman on the South Side of Chicago, Illinois. The industrialist George Pullman had designed it ostensibly as a model community. When his company laid off workers and lowered wages, it did not reduce rents, and the workers called for a strike. They had not formed a union.


Pullman Strike - Wikipedia the free encyclopedia


The wages were cut at an average of 25 percent, but some claimed their wages had been reduced more than 70 percent. The policies proved extremely effective; wages were reduced and dividends were increased. But during all this time, rents in the model town of Pullman were not reduced. These rents were already 20 to 25 percent higher than those in similar accommodations in surrounding areas

The Pullman Boycott The Iron Horse - The Impact Of The Railroads On 19th Century American Society - Marieke Van Ophem 1801-1900 Essays American History From Revolution To Reconstruction and beyond

 

[Dad2three]

The jobless rate fell 2 ticks to 5.6%, its lowest since June 2008. But the drop largely reflected a decline in the labor force, as the participation rate fell back to a 34-year low of 62.7%.
Average hourly earnings fell outright in December, with the year-on-year gain cooling for a third straight month to 1.7%. Meanwhile, November's monthly wage increase was revised to 0.2% from the initial 0.4% reading that had excited economists.


Read More At Investor's Business Daily: http://news.investors.com/economy/010915-734052-job-growth-in-2014-best-since-1999-wages-fall.htm#ixzz3OT8zznU2

Retirement Among Baby Boomers Contributing To Shrinking Labor Force. According to The Washington Post, many economists agree the shrinking labor force participation rate is largely explained by a demographic shift, wherein "baby boomers are starting to retire en masse":

But since 2000, the labor force rate has been steadily declining as the baby-boom generation has been retiring. Because of this, the Federal Reserve Bank of Chicago expects the labor force participation rate to be lower in 2020 than it is today, regardless of how well the economy does.
The incredible shrinking labor force - The Washington Post

WTF, you sending me to a MAY 2012 article!!!!!!!!

Weird, going back to 2000 and talking about going to 2020???? lol

Fukkking dishonest POS

 

[Listening]

Since Reagan increased SS taxes 60%


Social Security History

The Social Security Administration says you're a liar.

OASDI rates went from 5.4% to 6.2%.

Greenspan commission? lol How about an actual law versus recommendation? lol



Weird I guess when taxes for the self employed doubled THAT didn't count OR the employers side which ALSO went up??lol

Total receipts SS


1982 $147,913 BILLION (PRE Reagan's tax increase on the bottom 90% of US as he cut taxes for the rich)

1989 $ 289,448Billion

Trust Fund Data

The chart that says present law shows the actual rates.
5.4% to 6.2% is a bit under a 15% increase. Not your idiotic 60% number.

Weird I guess when taxes for the self employed doubled THAT didn't count

Of course it counted.

OR the employers side which ALSO went up??

Yeah, the almost 15% increase on workers and employers adds up to an almost 15% increase.
Not your idiotic 60% increase.

1982 $147,913 BILLION
1989 $ 289,448Billion

It's amazing. Add millions and millions of new workers, tax receipts will increase.

14 million new private sector jobs and SS taxes increase by 100%? lol

Sure, taking self employed from 5.2% to 12.4% is a 15% increase

Just like the 15% from employers AND the 15% from employes actually ads up to 30% lol

Just like the 15% from employers AND the 15% from employes actually ads up to 30% lol

Umm, increasing the worker part 15% and the employer part 15% is a 15% increase. Idiot.

14 million new private sector jobs and SS taxes increase by 100%?

Holy shit! You've discovered that wages also increased. LOL!
If only Obama were able to get our wages to increase.

The private sector contributed to a 5% GDP last quarter, they have doubled their stock value, executive salaries are at all time highs

Yet private sector employee wages are stagnant.

The problem is clearly with the wages being paid in the private sector, not the public sector which has maintained the same wage scale

Why are these employees not banding together and competing ?

Why are they not banding together and forming unions to force employers to pay better wages and benefits?

Because they've seen what unions can do to their members.

Unions only work when they have government help in their extortion.

NO SENSE OF HISTORY FROM RIGHT WING KLOWNS


The Pullman Strike was a nationwide railroad strike in the United States in the summer of 1894. It pitted the American Railway Union (ARU) against the Pullman Company, the main railroads, and the federal government of the United States under President Grover Cleveland. The strike and boycott shut down much of the nation's freight and passenger traffic west of Detroit, Michigan. The conflict began in Pullman, Chicago, on May 11 when nearly 4,000 factory employees of the Pullman Company began a wildcat strike in response to recent reductions in wages.

Most factory workers who built Pullman cars lived in the "company town" of Pullman on the South Side of Chicago, Illinois. The industrialist George Pullman had designed it ostensibly as a model community. When his company laid off workers and lowered wages, it did not reduce rents, and the workers called for a strike. They had not formed a union.


Pullman Strike - Wikipedia the free encyclopedia


The wages were cut at an average of 25 percent, but some claimed their wages had been reduced more than 70 percent. The policies proved extremely effective; wages were reduced and dividends were increased. But during all this time, rents in the model town of Pullman were not reduced. These rents were already 20 to 25 percent higher than those in similar accommodations in surrounding areas

The Pullman Boycott The Iron Horse - The Impact Of The Railroads On 19th Century American Society - Marieke Van Ophem 1801-1900 Essays American History From Revolution To Reconstruction and beyond

1894....Really....LOL

That was funny.

 

[Vigilante]

The jobless rate fell 2 ticks to 5.6%, its lowest since June 2008. But the drop largely reflected a decline in the labor force, as the participation rate fell back to a 34-year low of 62.7%.
Average hourly earnings fell outright in December, with the year-on-year gain cooling for a third straight month to 1.7%. Meanwhile, November's monthly wage increase was revised to 0.2% from the initial 0.4% reading that had excited economists.


Read More At Investor's Business Daily: http://news.investors.com/economy/010915-734052-job-growth-in-2014-best-since-1999-wages-fall.htm#ixzz3OT8zznU2

Retirement Among Baby Boomers Contributing To Shrinking Labor Force. According to The Washington Post, many economists agree the shrinking labor force participation rate is largely explained by a demographic shift, wherein "baby boomers are starting to retire en masse":

But since 2000, the labor force rate has been steadily declining as the baby-boom generation has been retiring. Because of this, the Federal Reserve Bank of Chicago expects the labor force participation rate to be lower in 2020 than it is today, regardless of how well the economy does.
The incredible shrinking labor force - The Washington Post

WTF, you sending me to a MAY 2012 article!!!!!!!!

Weird, going back to 2000 and talking about going to 2020???? lol

Fukkking dishonest POS

They speculate, YOU are the dishonest one supposedly quoting from an almost 3 year old article, BUT that's expected from a 2 digit IQ'd subversive!

 

[rdean]

And which party has been in power the last 6 years?

You mean as we come back from the disasters and fiascoes the party previously in power left us?