Republicans have a poor understanding of economics. They should have no place in making policy

[Ernie S.]

Now we bring in Bernie Sanders

 

[Dad2three]

Ernie, you are so out of touch with the current economic realities, you might as well be living on another planet. In this day and age, it is possible live your life exactly have you did and still be financially screwed by the current economy.

Ronald Reagan completely restructured the US economy using many, but not all of the free market ideas touted by the Chicago School of economics, and until the worst of the damage he did is undone, nothing will change. The rich will continue to get richer, the poor will get poorer, and the middle class will continue to lose ground.

Everyone should read the Forbes article that Dad posted upthread. The bipartisan Congressional Report, which the GOP tried to bury, concludes that cutting taxes does not create jobs. All is does is facilitate the transfer of wealth from the poor and middle class, to the wealthy. This isn't the Huffington Post or MSNBC telling you this, this is Forbes, one of the most right wing, business friendly publications out there.

Prior to Reagan's economic re-structuring, every strata benefitted from growth of the GNP, and economic boom. Since the re-structuring, only the wealthy have benefitted. In addition to the tax cuts, Reagan's administration went on a spending spree the likes of which had not previously been seen, all of it on borrowed money. It gave the country the appearance of prosperity, but it was an illusion. It's like your neighbor buying a new car, new furniture and a designer wardrobe. Your think he's doing really well to be able to afford all of this stuff, but he bought everything on credit. Supposedly, the increase in tax revenues from the increased income from all of this spending, would pay for the tax cuts, but it never happened.

The next thing that Reagan did, which was straight out of the Chicago School playbook, was to declare war on the unions. His 1983 attack on the air traffic controllers union was just the opening salvo. His administratin stopped prosecuting union busting activities, and cut the Department of Labour's budget by 10%.

I'm not a huge fan of unions, personally, and I've never been a union member, but I have come to understand and appreciate that without unions, employers are free to run roughshod over their employees and there's little individuals can do to protect themselves, if the company they work for choses to ignor labour laws or even treat employees with a modicum of decency. Unions helped build a strong and resilient middle class (which is a necessity for a healthy, bibrant economy). Without them, wages, have stagnated, and the gains won through hard fought negotiations have withered away. The PR job the right has done on unions has convinced the general public that unions are the tools of Satan, and should be destroyed. They're not and they should be thanked, not vilified.

The last point I will raise in this post is that Reagan gutted the Anti-Trust Legislation. Conservatives will remind me that Reagan used anti-trust legislate to breakup AT&T early in his first administration but from that time forward, he introduced legislation which authorized the president to order an exemption for industries determined to be hurt by foreign competition. Reagan used Chicago School principles that "bigger is better" to undermine the Sherman Act, and other anti-trust laws. This set off a wave of mergers and acquisitions, which continue unabated.

With each big merger, there are job losses. Not low income job losses, but good middle class jobs. When Pfizer and Wyeth merged, and then merged with Astro-Zeneca, over 30,000 people lost their jobs among these three firms. With corporations awash with cash, they're not hiring or expanding, they're merging. Large mergers and acquisitions are slowing the recovery of jobs lost in the recession, and help to explain why there are fewer and fewer middle class jobs.

Walmart has become so large, that it can dictate wages and employment practices across the entire retail sector. And not just the retail sector, but amongst their suppliers as well. Many American companies have been forced to move manufacturing offshore to meet Walmart's price demands. Walmart's use of food stamps and Medicaid to subsidize wages are now costing every US taxpayer $2500 per year, whether you shop there or not.

It's time to break up the mega-corporations, re-write the tax code, and undo the economic damage visited upon the US economy by Saint Ronnie and the Chicago School of business, before the middle class is completely destroyed.

Who Broke America rsquo s Jobs Machine - Barry C. Lynn and Phillip Longman

People lose jobs. It's a fact of life. Another fact is that if you lose your job, you either find another one in your field, or you learn a new skill.
Companies merge allowing them to produce their product more efficiently. You mention Pfizer,Wyeth and Astro-Zeneca. Those mergers kept pharmaceuticals from rising far more than they did.

Take the AZ product Caprelsa. When you get thyroid cancer and balk at the $5,700/month cost, be damned happy that AZ was able to keep the price under $10K.
Walmart isn't in business to take their employees every need. They exist for the purpose of turning a profit. They make a great deal of money, but their margin is a paltry 3-3.5%. (Microsoft last quarter made 19.57% Apple.... 20.1%)
Liberals all point at Walmart as evil but if you need a job and have no skills, you get what you can and Walmart will pay you what you're worth.

Are you willing to pay more for a product so people who didn't take advantage of all this country offered them can earn more than their worth?

Yes Walmart pressures suppliers to hold down costs. That is how they can sell you a product you can afford. Why does Apple produce IPhones in China using children forced to work 66 hours/week?

I bet you have an IPhone or some Apple product and don't feel the least bit hypocritical.

Companies like Walmart and McDonalds are the ones creating the “poverty trap”. While making record profits and their CEO’s making record salaries their employees need to supplement their income with using taxpayer funded anti-poverty programs ….AFDC, child tax credits, earned income credits, Section 8, school meals, Medicaid, WIC & home energy assistance to supplement income.


And as long as folks continue to whine about the "lazy" people who don't want to work, they are doing the bidding of the wealthy who want us to keep fighting among ourselves so that they can continue to screw us all. Maybe one of them has found a way to take their wealth with them after they die. That might explain this mentality of continuing the acquisition of wealth over all else.



The GOP does not help people unless they are a corporation.

You really don't understand how businesses are run, do you? Walmart operates on a 3% profit margin; minuscule in American business, yet it's their fault people are poor.

If you dropped out of high school when you got knocked up or arrested for selling dope and have learned no marketable skills, you are worth very little in the labor market. Just about anyone can put boxes on a shelf or move items past a scanner and count out change that a cash register computes for you. Your wage is figured, not on your skills and marketability in the labor force, but on how long it will take to train your replacement.
Walmart keeps labor costs low in order to keep the price of that 60" Vizio at $898 so you unskilled, unmotivated morons can afford one.
Let's say Target decided to pay a minimum of $15/hour to all employees. Where would you buy your flat screen? There, for $1,400 or at Walmart for $900?
Walmart is successful because there is a glut of cheap labor. They did not make their employees only qualified for minimum wage jobs.

Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation

Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.

WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).

 

[Toddsterpatriot]

Exactly, I mean just look at what the Steel Workers union has done. I mean besides drive US steel makers into bankruptcy.

You think the unions ruined the steel industry I take it. Wasn't what happened. But I'm sure you believe it.

Had something to do with steel manufacturers here using old technology and the Japanese using new and better technology. And it had to do with the Japanese government subsidizing the steel industry so they could sell steel below cost for American manufactures. And the US government gave no help to the American steel industry.

So with a hands off government and steel company management being stuck in the past, the American steel industry took a big hit.

Now what was it the unions did to cause all that?

You think the unions ruined the steel industry I take it.

They sure didn't save the steel industry.

NOT like conservatives 'free trade' or policy like off shoring jobs to benefit management (stock options/bonuses) AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

Perhaps we should try dropping our highest in the world corporate tax rate?

 

[Dad2three]

Now we bring in Bernie Sanders

ACTUALLY brought in the FISCALLY CONSERVATIVE CENTER FOR TAX JUSTICE. They were saying Bernie was right and Heritage Foundation LIED. Shocking I know

 

[Ernie S.]

Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?

How about ONE honest conservative today? Anyone?

How about ONE intelligent Liberal today?

 

[Dad2three]

Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?

So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

 

[Dad2three]

You think the unions ruined the steel industry I take it. Wasn't what happened. But I'm sure you believe it.

Had something to do with steel manufacturers here using old technology and the Japanese using new and better technology. And it had to do with the Japanese government subsidizing the steel industry so they could sell steel below cost for American manufactures. And the US government gave no help to the American steel industry.

So with a hands off government and steel company management being stuck in the past, the American steel industry took a big hit.

Now what was it the unions did to cause all that?

You think the unions ruined the steel industry I take it.

They sure didn't save the steel industry.

NOT like conservatives 'free trade' or policy like off shoring jobs to benefit management (stock options/bonuses) AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

 

[Toddsterpatriot]

You think the unions ruined the steel industry I take it.

They sure didn't save the steel industry.

NOT like conservatives 'free trade' or policy like off shoring jobs to benefit management (stock options/bonuses) AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

You mean RECORD Corp profits and an effective rate lower than any other nation (industrialized) at 12%?


How did the US Corp taxes effect Corps PRE REAGANOMICS when they were MUCH higher?


Expert debunks claim U.S. corporate taxes are too high

The 35 percent statutory U.S. corporate tax rate is the highest in the world. But according to a paper published earlier this month by University of Southern California law professor Edward Kleinbard, many companies don't pay anywhere near that much due to the plethora of loopholes in the tax code.
Expert debunks claim U.S. corporate taxes are too high - CBS News


Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes
Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL

Perhaps we should try dropping our highest in the world corporate tax rate?

IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?

 

[Oldstyle]

Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?

So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

Actually, I named quite a few, Dad...you simply ignored them.

 

[Dad2three]

Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?

How about ONE honest conservative today? Anyone?

How about ONE intelligent Liberal today?

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson

 

[Toddsterpatriot]

Our education system is an absolute failure ... we agree. We invest more in education than any other country in the world ... we agree.

So, tell me, where does all this money go? You want more money for teachers .... forgetting, conveniently, that these are the people who have created this failed system. Why should we reward failure?

The right wing arguments against the War on Poverty/education/Etc always boil down to: See, these programs that we have underfunded or cut back or otherwise hobbled don't work now that we have broken them. So give more money to rich people!



"Here, let me show why this social program you like is so dysfunctional because we gutted funding for it, so now it should be stopped because obviously government doesn't work."

The right wing arguments against the War on Poverty/education/Etc always boil down to: See, these programs that we have underfunded or cut back

Look at the money we've spent and still spend on these programs and tell us when they've ever been underfunded.

You mean like not recognizing the good they do and instead knock of recipients money (like SNAP) and instead increase Corp welfare (also through SNAP program) like the GOP does? lol

You mean like not recognizing the good they do

You mean keeping generations of blacks trapped in poverty?

I'm against corporate welfare too.
Lets end it. Starting with green energy.

Sure you are Bubba. Sure

I am, ya dickhead.

 

[Dad2three]

Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?

So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

Actually, I name quite a few, Dad...you ignored them.

Answered ALL 3 posts you ATTEMPTED to pass off as 'POLICY'. It's wasn't. Want to try again? lol

 

[Toddsterpatriot]

You think the unions ruined the steel industry I take it.

They sure didn't save the steel industry.

NOT like conservatives 'free trade' or policy like off shoring jobs to benefit management (stock options/bonuses) AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

That doesn't make sense, you said we have the lowest effective tax in the world.
So which one of your claims is wrong?

 

[Oldstyle]

Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?

So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

Actually, I name quite a few, Dad...you ignored them.

Answered ALL 3 posts you ATTEMPTED to pass off as 'POLICY'. It's wasn't. Want to try again? lol

How is maintaining a strong military not "policy"? Perhaps you have a different definition of the word than its common usage?

 

[Dad2three]

NOT like conservatives 'free trade' or policy like off shoring jobs to benefit management (stock options/bonuses) AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

You mean RECORD Corp profits and an effective rate lower than any other nation (industrialized) at 12%?


How did the US Corp taxes effect Corps PRE REAGANOMICS when they were MUCH higher?


Expert debunks claim U.S. corporate taxes are too high

The 35 percent statutory U.S. corporate tax rate is the highest in the world. But according to a paper published earlier this month by University of Southern California law professor Edward Kleinbard, many companies don't pay anywhere near that much due to the plethora of loopholes in the tax code.
Expert debunks claim U.S. corporate taxes are too high - CBS News


Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes
Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL

Perhaps we should try dropping our highest in the world corporate tax rate?

IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?

Can Walmart ship their stores offshore?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

 

[Dad2three]

NOT like conservatives 'free trade' or policy like off shoring jobs to benefit management (stock options/bonuses) AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

That doesn't make sense, you said we have the lowest effective tax in the world.
So which one of your claims is wrong?

So you don't understand Biz or taxes. Shocking. A Biz that CAN move offshore has MANY, MANY loopholes (the reason for the overall 12% EFFECTIVE Corp tax rate), where comps like Walmart, McD's, etc that can't, pay closer to the 35%.

Next stupid question Bubba?

 

[Ernie S.]

People lose jobs. It's a fact of life. Another fact is that if you lose your job, you either find another one in your field, or you learn a new skill.
Companies merge allowing them to produce their product more efficiently. You mention Pfizer,Wyeth and Astro-Zeneca. Those mergers kept pharmaceuticals from rising far more than they did.

Take the AZ product Caprelsa. When you get thyroid cancer and balk at the $5,700/month cost, be damned happy that AZ was able to keep the price under $10K.
Walmart isn't in business to take their employees every need. They exist for the purpose of turning a profit. They make a great deal of money, but their margin is a paltry 3-3.5%. (Microsoft last quarter made 19.57% Apple.... 20.1%)
Liberals all point at Walmart as evil but if you need a job and have no skills, you get what you can and Walmart will pay you what you're worth.

Are you willing to pay more for a product so people who didn't take advantage of all this country offered them can earn more than their worth?

Yes Walmart pressures suppliers to hold down costs. That is how they can sell you a product you can afford. Why does Apple produce IPhones in China using children forced to work 66 hours/week?

I bet you have an IPhone or some Apple product and don't feel the least bit hypocritical.

Companies like Walmart and McDonalds are the ones creating the “poverty trap”. While making record profits and their CEO’s making record salaries their employees need to supplement their income with using taxpayer funded anti-poverty programs ….AFDC, child tax credits, earned income credits, Section 8, school meals, Medicaid, WIC & home energy assistance to supplement income.


And as long as folks continue to whine about the "lazy" people who don't want to work, they are doing the bidding of the wealthy who want us to keep fighting among ourselves so that they can continue to screw us all. Maybe one of them has found a way to take their wealth with them after they die. That might explain this mentality of continuing the acquisition of wealth over all else.



The GOP does not help people unless they are a corporation.

You really don't understand how businesses are run, do you? Walmart operates on a 3% profit margin; minuscule in American business, yet it's their fault people are poor.

If you dropped out of high school when you got knocked up or arrested for selling dope and have learned no marketable skills, you are worth very little in the labor market. Just about anyone can put boxes on a shelf or move items past a scanner and count out change that a cash register computes for you. Your wage is figured, not on your skills and marketability in the labor force, but on how long it will take to train your replacement.
Walmart keeps labor costs low in order to keep the price of that 60" Vizio at $898 so you unskilled, unmotivated morons can afford one.
Let's say Target decided to pay a minimum of $15/hour to all employees. Where would you buy your flat screen? There, for $1,400 or at Walmart for $900?
Walmart is successful because there is a glut of cheap labor. They did not make their employees only qualified for minimum wage jobs.

Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation

Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.

WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).

No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.

 

[Dad2three]

Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?

So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

Actually, I name quite a few, Dad...you ignored them.

Answered ALL 3 posts you ATTEMPTED to pass off as 'POLICY'. It's wasn't. Want to try again? lol

How is maintaining a strong military not "policy"? Perhaps you have a different definition of the word than its common usage?

No Bubba, it's YOU who can't seem to be honest

POLICY:

• "The authoritative allocation of values for a society."
• "The process of deciding who gets what, when, where and how."
• Or more simply, "What the government chooses to do or not to do about a specific problem."
  
  ThisNation.com--The Policy Process
  
  
  

 

[Ernie S.]

AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

You mean RECORD Corp profits and an effective rate lower than any other nation (industrialized) at 12%?


How did the US Corp taxes effect Corps PRE REAGANOMICS when they were MUCH higher?


Expert debunks claim U.S. corporate taxes are too high

The 35 percent statutory U.S. corporate tax rate is the highest in the world. But according to a paper published earlier this month by University of Southern California law professor Edward Kleinbard, many companies don't pay anywhere near that much due to the plethora of loopholes in the tax code.
Expert debunks claim U.S. corporate taxes are too high - CBS News


Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes
Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL

Perhaps we should try dropping our highest in the world corporate tax rate?

IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?

Can Walmart ship their stores offshore?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

Corporate income tax is a myth. Corporations don't actually pay taxes. They pass the debit on to the consumer.
Walmart will earn 3% of their gross in profit again next year. If you double their effective tax rate, the government will receive more revenue for you to spend on dumb shit, but you will pay more for the things you need at the register.

 

[Dad2three]

Companies like Walmart and McDonalds are the ones creating the “poverty trap”. While making record profits and their CEO’s making record salaries their employees need to supplement their income with using taxpayer funded anti-poverty programs ….AFDC, child tax credits, earned income credits, Section 8, school meals, Medicaid, WIC & home energy assistance to supplement income.


And as long as folks continue to whine about the "lazy" people who don't want to work, they are doing the bidding of the wealthy who want us to keep fighting among ourselves so that they can continue to screw us all. Maybe one of them has found a way to take their wealth with them after they die. That might explain this mentality of continuing the acquisition of wealth over all else.



The GOP does not help people unless they are a corporation.

You really don't understand how businesses are run, do you? Walmart operates on a 3% profit margin; minuscule in American business, yet it's their fault people are poor.

If you dropped out of high school when you got knocked up or arrested for selling dope and have learned no marketable skills, you are worth very little in the labor market. Just about anyone can put boxes on a shelf or move items past a scanner and count out change that a cash register computes for you. Your wage is figured, not on your skills and marketability in the labor force, but on how long it will take to train your replacement.
Walmart keeps labor costs low in order to keep the price of that 60" Vizio at $898 so you unskilled, unmotivated morons can afford one.
Let's say Target decided to pay a minimum of $15/hour to all employees. Where would you buy your flat screen? There, for $1,400 or at Walmart for $900?
Walmart is successful because there is a glut of cheap labor. They did not make their employees only qualified for minimum wage jobs.

Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation

Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.

WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).

No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.

Progressives in power? LMAOROG

Weird, the US under PROGRESSIVE policies created the worlds largest middle class. Of course under GOP's assault the past 30+ years it's shrunk by 10%.