Family net worth retreats to early 1990's levels

[DontBeStupid]

The Fact this Jack Ass actually thinks people used to pay 90% Tells you all you need to know about him.

The great thing about these here interwebs is that people can look back and see that I never said that.

I love it when you guys try to lie.

 

[DontBeStupid]

The crash occurred in 2008.

Since Obama took office, Americans net worth is up $9 trillion dollars.

Republicans aren't the brightest bulbs on the tree.

Just because you post it, does not make it true.
In fact 99% of the shit you post is pure bullshit.
You have never posted a link that produces facts supporting your claims.
You are a walking wheel barrow full of bullshit.

 

[OpenJumper1]

Dont' forget the Obama idea of bankrupting utility companies, where "utility prices would necessarily skyrocket" and the ginormous amount of regulations on businesses so that they are forced to leave the US or cap their wages.

It's really sad how Obamathesocialist hates this country and all the boobs that voted this mess in, didn't pay enough attention to what he was saying instead of being racially focused and biased just on color of skin instead of content of character. :/

 

[thereisnospoon]

The demise of the middle class began with Reagan.

How so?
Are you that pissed off the Reagan threw Carter's methods out with the trash and got the country moving forward?

 

[thereisnospoon]

The crash occurred in 2008.

Since Obama took office, Americans net worth is up $9 trillion dollars.

Republicans aren't the brightest bulbs on the tree.

Just because you post it, does not make it true.
In fact 99% of the shit you post is pure bullshit.
You have never posted a link that produces facts supporting your claims.
You are a walking wheel barrow full of bullshit.

OH no....You don't get to use charts.
All of you libs have been playing the fiddle with two bows.
On one hand you express vitriol towards "Wall Street"...Then you praise the Stock Markets when politically convenient for Obama.
Nope, you cannot have it both ways.
And don't give me this " I never said that" bullshit. In for a dime. In for a dollar.

 

[Quantum Windbag]

No blaming Bush here.....This is all on Obama's watch..
Family Net Worth Drops to Level of Early

Haven't you heard, the private sector is doing fine.

 

[Quantum Windbag]

No blaming Bush here.....This is all on Obama's watch..
Family Net Worth Drops to Level of Early

Which policies that Obama has enacted has caused this to happen? Specifically and how?

The same ones the Republicans have been using for the last 30 years.

Unless, that is, you can point to what he did different.

 

[auditor0007]

Who decides what "enough" is? That's always the rub whenever someone says the rich should just pay more.

I think we can all agree that taxing someone to the point where they see no wealth or income increase is too far. But, in the 1950s, the top tax rate was over 90% and people still got wealthy. Very wealthy.

That is because there were all sorts of Loop holes, and Deductions that meant they paid not much more than they do now. Reagan not only Cut the Top Rate Dramatically, He also Eliminated many of the Loop Holes, and Deductions.

Nobody ever paid 90% bud. Wake up. After all Deductions, and Exemptions, and Loop Holes. The Rich Paid roughly 40% when the Top Rate was 90%.

Please try and live with in the Actual Facts, and not the Deliberately Skewed Packaging of them the Left likes to Repeat.

40%? That wouldn't be bad today. Actually, I would settle for an actual effective tax rate of around 35% for the wealthy, covering all income including capital gains. Hell, I'd be happy with a 30% effective rate.

 

[RDD_1210]

No blaming Bush here.....This is all on Obama's watch..
Family Net Worth Drops to Level of Early

Which policies that Obama has enacted has caused this to happen? Specifically and how?

The same ones the Republicans have been using for the last 30 years.

Unless, that is, you can point to what he did different.

So if the policies were already in place, how can Obama be the cause of what has happened?

Thanks for proving my point.

 

[chesswarsnow]

Sorry bout that,


1. First year of Obama I lost 20%.
2. Second year it was at 35%.
3. This year it was at 50%.
4. So all in all, I'm losing 15% per year.
5. If he gets another four years, I will likely be making 5% of what I used to earn before he got into office.

Regards,
SirJamesofTexas

 

[Ravi]

No blaming Bush here.....This is all on Obama's watch..
Family Net Worth Drops to Level of Early

Thank the housing bubble and the financial crisis.

It's just too bad that Republicans don't care enough the country to help its citizens.

 

[Douger]

Give it a few more years and it'll be at 1890 levels.

 

[RDD_1210]

Sorry bout that,


1. First year of Obama I lost 20%.
2. Second year it was at 35%.
3. This year it was at 50%.
4. So all in all, I'm losing 15% per year.
5. If he gets another four years, I will likely be making 5% of what I used to earn before he got into office.

Regards,
SirJamesofTexas

What kind of job do you do that you now make half of what you did 3 years ago?

 

[thereisnospoon]

No blaming Bush here.....This is all on Obama's watch..
Family Net Worth Drops to Level of Early

Thank the housing bubble and the financial crisis.

It's just too bad that Republicans don't care enough the country to help its citizens.

HUH?....Come back when you lose the non-sequiturs

 

[Ravi]

Sorry bout that,


1. First year of Obama I lost 20%.
2. Second year it was at 35%.
3. This year it was at 50%.
4. So all in all, I'm losing 15% per year.
5. If he gets another four years, I will likely be making 5% of what I used to earn before he got into office.

Regards,
SirJamesofTexas

What kind of job do you do that you now make half of what you did 3 years ago?

I think he hunts Negroes.

 

[BlindBoo]

No.

Redistributing wealth does not lower all wealth. In fact, when correctly done, all wealth can go up.

But again, this was not caused by Obama, as you would know if you read.

wow!

Show me how redistributing wealth can cause all wealth to go up.

Simple.

Person A increases his wealth $1B a year. If we tax him, and slow down his growth to only $500M a year, we use the $500M in revenue to provide tax credits to families with kids, thus freeing up money for them to increase their wealth.

All wealth goes up.

Wow. Just wow. That's not how it works

18.87% National Defense
20.51% SS
......

ONE | Your tax dollars and foreign aid. Tell Congress to protect programs that fight HIV/AIDS, hunger and preventable disease.

 

[Quantum Windbag]

Which policies that Obama has enacted has caused this to happen? Specifically and how?

The same ones the Republicans have been using for the last 30 years.

Unless, that is, you can point to what he did different.

So if the policies were already in place, how can Obama be the cause of what has happened?

Thanks for proving my point.

You are the one that claims he changed things, I keep insisting he is doing the same thing Bush did. I am challenging you to defend your man, or admit I am right.

 

[Quantum Windbag]

No blaming Bush here.....This is all on Obama's watch..
Family Net Worth Drops to Level of Early

Thank the housing bubble and the financial crisis.

It's just too bad that Republicans don't care enough the country to help its citizens.

Did the Republicans cause the housing bubble, or did they break it? The reason I ask is so I will know exactly what it is I am supposed to ask them to fix.

 

[RDD_1210]

The same ones the Republicans have been using for the last 30 years.

Unless, that is, you can point to what he did different.

So if the policies were already in place, how can Obama be the cause of what has happened?

Thanks for proving my point.

You are the one that claims he changed things,

I certainly didn't. I asked what policies has Obama has enacted that has caused this to happen. My point being that he hasn't implemented anything to cause this, it was already in place. Just as you confirmed for me.

I keep insisting he is doing the same thing Bush did. I am challenging you to defend your man, or admit I am right.

You've decided to change what I said, I'm not going down that path, sorry. Address what I actually said next time. And thanks for proving my point by the way.

 

[BlindBoo]

No blaming Bush here.....This is all on Obama's watch..
Family Net Worth Drops to Level of Early

Apparently NOTHING negative happened on Obama's watch....

Oh and this just in

President Obama....the private sector is doing fine....

Well it was until that guy who "Loves to Fire People" drove up in one of his wife's cadillacs and just for fun fired everybody!