Tax the rich, lose the rich

[JakeStarkey]

bucs90, I did not pursue either of the posts above because what you think is unimportant. Now the fact is this: thanks for playing. What an appropriate image for you, bucs90. You keep blowing for it and keep sucking it deep. Your lung capacity is amazing.

You may let it go now.

 

[bucs90]

bucs90, I did not pursue either of the posts above because what you think is unimportant. Now the fact is this: thanks for playing. What an appropriate image for you, bucs90. You keep blowing for it and keep sucking it deep. Your lung capacity is amazing.

You may let it go now.

If you didn't pursue either of the posts above.............then you wouldn't have posted the above post commenting on my post above.

If you truly thought what I was saying was unimportant, you wouldn't have sent me 5 PM's after getting pissed about it, but ya did

Your inferiority complex is full bloom right now. But it's cool, makes for a fun debate. Please reply back with full force and keep up the fun......but stop sending the PM's all pissed off. It aint that serious!

 

[Londoner]

The intellectual juice for Reagan's historic tax cuts came from Milton Friedman. He said that if you cut Government revenue, they will spend less. He thought he understood human nature. (This man is responsible for America's post 70s economic policy, so he better be right).

Unfortunately, he was wrong. The government didn't spend less under Reagan -- in fact, with a huge increase in military and law enforcement outlays, spending increased sharply over the Carter years. The consequences of Friedman's miscalculation were debt and deficits as far as the eye could see.

Same thing with investment in education. Friedman said that the government didn't need to invest in education because the market would deliver a utopian trickle of degrees to the middle class. Consequently, after Reagan began America's long divestment from education, the USA went from #1 to #12 amongst the #36 developed nations, and is woefully behind in the global competition for solutions to our largest problems.

Friedman also convinced Reagan that lowering taxes on the wealthy would lead to investment and jobs. It didn't. It went to the purchase of politicians and the Wall Street casino. As a result, middle class spending had to be kept alive on credit, while America's infrastructure and economy died.

Same thing with energy. Carter begged America to move into a less petro-intensive system. He warned that some day the demand for energy would outstrip supply, and your economy would be held hostage by terrorist states. Reagan framed him as a hysterical Lefty, and he crushed the alternative energy movement. He tore down the solar panels on the White House roof, and then he proclaimed that the market would take care of energy. It did the opposite. Big Oil bribed politicians to rig Cafe standards and crush the first big electric car movement. At every juncture, America's politicians expanded oil use. Now you are paying dearly for it.

The market mantra became a catch-all for anything America didn't want to pay for, invest in, or devote resources to.

"Don't worry, the market will take care of it. Let's go to Aspen!"

America tried to have its cake and eat it too. It got seduced by Reagan's voodoo. You believed that you did not have to pay as you go; you believed that you did not have to tend to big problems. You simply channeled all your resources to making a small group of people insanely wealthy -- and now it's time to pay (but you don't have any money, because the wealthy parachuted away with it. Trillions have been stuffed into dynastic coffers or moved off shore. Your great public sector is dead. You are living in a hyper-privatized neoliberal dystopia of concentrated wealth surrounded by rapidly expanding poverty).

You swallowed poison in 1980. The money is gone. The game is over. Nothing left to do but build prisons for all the poverty you created.

(the market didn't take care of it, and the price is your children's future)

 

[bucs90]

And if the government goes bankrupt and can't afford to crutch the citizens on handouts, then the citizens will have to become more self-reliant, responsible, efficient, productive, thrifty, etc. In other words, act like a conservative to survive.

Yep sounds good to me.

 

[JakeStarkey]

Your inferiority complex is full bloom right now. But it's cool, makes for a fun debate. Please reply back with full force and keep up the fun......but stop sending the PM's all pissed off. It aint that serious!

You can post the PMs if you wish, bucs90. You simply fail. Now the fact is this: thanks for playing. What an appropriate image for you, bucs90. You keep blowing for it and keep sucking it deep. Your lung capacity is amazing.

 

[JakeStarkey]

And if the government goes bankrupt and can't afford to crutch the citizens on handouts, then the citizens will have to become more self-reliant, responsible, efficient, productive, thrifty, etc. In other words, act like a conservative to survive.

Yep sounds good to me.

But it won't go bankrupt, the Dems will continue in power until the GOP reforms and becomes answerable to the mainstream, and you will continued to excluded far, far to the right. You fail, bucs. Now the fact is this: thanks for playing. What an appropriate image for you, bucs90. You keep blowing for it and keep sucking it deep. Your lung capacity is amazing.

 

[The Rabbi]

The intellectual juice for Reagan's historic tax cuts came from Milton Friedman. He said that if you cut Government revenue, they will spend less. He thought he understood human nature. (This man is responsible for America's post 70s economic policy, so he better be right).

Unfortunately, he was wrong. The government didn't spend less under Reagan -- in fact, with a huge increase in military and law enforcement outlays, spending increased sharply over the Carter years. The consequences of Friedman's miscalculation were debt and deficits as far as the eye could see.

Same thing with investment in education. Friedman said that the government didn't need to invest in education because the market would deliver a utopian trickle of degrees to the middle class. Consequently, after Reagan began America's long divestment from education, the USA went from #1 to #12 amongst the #36 developed nations, and is woefully behind in the global competition for solutions to our largest problems.

Friedman also convinced Reagan that lowering taxes on the wealthy would lead to investment and jobs. It didn't. It went to the purchase of politicians and the Wall Street casino. As a result, middle class spending had to be kept alive on credit, while America's infrastructure and economy died.

Same thing with energy. Carter begged America to move into a less petro-intensive system. He warned that some day the demand for energy would outstrip supply, and your economy would be held hostage by terrorist states. Reagan framed him as a hysterical Lefty, and he crushed the alternative energy movement. He tore down the solar panels on the White House roof, and then he proclaimed that the market would take care of energy. It did the opposite. Big Oil bribed politicians to rig Cafe standards and crush the first big electric car movement. At every juncture, America's politicians expanded oil use. Now you are paying dearly for it.

The market mantra became a catch-all for anything America didn't want to pay for, invest in, or devote resources to.

"Don't worry, the market will take care of it. Let's go to Aspen!"

America tried to have its cake and eat it too. It got seduced by Reagan's voodoo. You believed that you did not have to pay as you go; you believed that you did not have to tend to big problems. You simply channeled all your resources to making a small group of people insanely wealthy -- and now it's time to pay (but you don't have any money, because the wealthy parachuted away with it. Trillions have been stuffed into dynastic coffers or moved off shore. Your great public sector is dead. You are living in a hyper-privatized neoliberal dystopia of concentrated wealth surrounded by rapidly expanding poverty).

You swallowed poison in 1980. The money is gone. The game is over. Nothing left to do but build prisons for all the poverty you created.

(the market didn't take care of it, and the price is your children's future)

Do you really believe that? Honestly?
Because every bit of evidence says you're wrong.

 

[JakeStarkey]

Every bit of evidence, Rab, says you don't know what you are talking about.

 

[Wicked Jester]

Every bit of evidence, Rab, says you don't know what you are talking about.

Apparently, you are completely blind to the FACTS.....Nothing unusual there!

The stimulus is an abject failure...But you keep tooting that Obama horn!....November is going to be a nightmare for bootlicking, lockstep Obamabots such as yourself.

Yeah, lets just do away with the cuts and watch the real carnage begin!

News Headlines

 

[Old Rocks]

The point that the right wingers still aren't getting is that the job creators had the taxcuts and haven't created jobs with them and the reasons rightwingers gave for the job creators not doingtheir job will still exist even if their taxcuts are estended, so the job creators will still feel justified in maintaining the status quo and not creating jobs.

To use your analogy,

It's raining out and the man who is supposed to be working on your leaking roof isn't but he says if you don't fire him for not doing his job with the money you already gave him then he will get to it after you extend his contract and give him more money. The broken leg on the chair is of no real importance because if he won't fix your roof so why even bother to ask him to fix your chair?

You still insist on this meme despite being shown numerous times it is not true.
Tell me, what would persuade you that it is true?

WHERE ARE THE JOBS that resulted from a decade of tax cuts for the 'job-creators' Rabbi?

A Lost Decade for Jobs

Private sector job growth was almost non-existent over the past ten years. Take a look at this horrifying chart:

Between May 1999 and May 2009, employment in the private sector sector only rose by 1.1%, by far the lowest 10-year increase in the post-depression period.

It’s impossible to overstate how bad this is. Basically speaking, the private sector job machine has almost completely stalled over the past ten years. Take a look at this chart:

Over the past 10 years, the private sector has generated roughly 1.1 million additional jobs, or about 100K per year. The public sector created about 2.4 million jobs.

But even that gives the private sector too much credit. Remember that the private sector includes health care, social assistance, and education, all areas which receive a lot of government support.

Whole article...

A Lost Decade for Jobs - BusinessWeek

Ah, but ol' Rabid just loves that chart. During the time that the job growth was flat, wages were stagnating, or declining for many, and the wealthy were gaining each year by the double digits. What a perfect world for Rabid. The rich getting richer, the poor getting poorer, and the middle class disappearling.

Now that is the world that he and his fellow Fascists desire.

 

[Wicked Jester]

And this is Obama's world that we are ALL experiencing:

News Headlines

 

[Old Rocks]

The intellectual juice for Reagan's historic tax cuts came from Milton Friedman. He said that if you cut Government revenue, they will spend less. He thought he understood human nature. (This man is responsible for America's post 70s economic policy, so he better be right).

Unfortunately, he was wrong. The government didn't spend less under Reagan -- in fact, with a huge increase in military and law enforcement outlays, spending increased sharply over the Carter years. The consequences of Friedman's miscalculation were debt and deficits as far as the eye could see.

Same thing with investment in education. Friedman said that the government didn't need to invest in education because the market would deliver a utopian trickle of degrees to the middle class. Consequently, after Reagan began America's long divestment from education, the USA went from #1 to #12 amongst the #36 developed nations, and is woefully behind in the global competition for solutions to our largest problems.

Friedman also convinced Reagan that lowering taxes on the wealthy would lead to investment and jobs. It didn't. It went to the purchase of politicians and the Wall Street casino. As a result, middle class spending had to be kept alive on credit, while America's infrastructure and economy died.

Same thing with energy. Carter begged America to move into a less petro-intensive system. He warned that some day the demand for energy would outstrip supply, and your economy would be held hostage by terrorist states. Reagan framed him as a hysterical Lefty, and he crushed the alternative energy movement. He tore down the solar panels on the White House roof, and then he proclaimed that the market would take care of energy. It did the opposite. Big Oil bribed politicians to rig Cafe standards and crush the first big electric car movement. At every juncture, America's politicians expanded oil use. Now you are paying dearly for it.

The market mantra became a catch-all for anything America didn't want to pay for, invest in, or devote resources to.

"Don't worry, the market will take care of it. Let's go to Aspen!"

America tried to have its cake and eat it too. It got seduced by Reagan's voodoo. You believed that you did not have to pay as you go; you believed that you did not have to tend to big problems. You simply channeled all your resources to making a small group of people insanely wealthy -- and now it's time to pay (but you don't have any money, because the wealthy parachuted away with it. Trillions have been stuffed into dynastic coffers or moved off shore. Your great public sector is dead. You are living in a hyper-privatized neoliberal dystopia of concentrated wealth surrounded by rapidly expanding poverty).

You swallowed poison in 1980. The money is gone. The game is over. Nothing left to do but build prisons for all the poverty you created.

(the market didn't take care of it, and the price is your children's future)

Do you really believe that? Honestly?
Because every bit of evidence says you're wrong.

Really Rabid? You mean that the deficit did not balloon under Reagan?

 

[oreo]

The intellectual juice for Reagan's historic tax cuts came from Milton Friedman. He said that if you cut Government revenue, they will spend less. He thought he understood human nature. (This man is responsible for America's post 70s economic policy, so he better be right).

Unfortunately, he was wrong. The government didn't spend less under Reagan -- in fact, with a huge increase in military and law enforcement outlays, spending increased sharply over the Carter years. The consequences of Friedman's miscalculation were debt and deficits as far as the eye could see.

Same thing with investment in education. Friedman said that the government didn't need to invest in education because the market would deliver a utopian trickle of degrees to the middle class. Consequently, after Reagan began America's long divestment from education, the USA went from #1 to #12 amongst the #36 developed nations, and is woefully behind in the global competition for solutions to our largest problems.

Friedman also convinced Reagan that lowering taxes on the wealthy would lead to investment and jobs. It didn't. It went to the purchase of politicians and the Wall Street casino. As a result, middle class spending had to be kept alive on credit, while America's infrastructure and economy died.

Same thing with energy. Carter begged America to move into a less petro-intensive system. He warned that some day the demand for energy would outstrip supply, and your economy would be held hostage by terrorist states. Reagan framed him as a hysterical Lefty, and he crushed the alternative energy movement. He tore down the solar panels on the White House roof, and then he proclaimed that the market would take care of energy. It did the opposite. Big Oil bribed politicians to rig Cafe standards and crush the first big electric car movement. At every juncture, America's politicians expanded oil use. Now you are paying dearly for it.

The market mantra became a catch-all for anything America didn't want to pay for, invest in, or devote resources to.

"Don't worry, the market will take care of it. Let's go to Aspen!"

America tried to have its cake and eat it too. It got seduced by Reagan's voodoo. You believed that you did not have to pay as you go; you believed that you did not have to tend to big problems. You simply channeled all your resources to making a small group of people insanely wealthy -- and now it's time to pay (but you don't have any money, because the wealthy parachuted away with it. Trillions have been stuffed into dynastic coffers or moved off shore. Your great public sector is dead. You are living in a hyper-privatized neoliberal dystopia of concentrated wealth surrounded by rapidly expanding poverty).

You swallowed poison in 1980. The money is gone. The game is over. Nothing left to do but build prisons for all the poverty you created.

(the market didn't take care of it, and the price is your children's future)

Really--the first one to use trickle down economics was JFK. Prior to Reagan it was a democrat President that realised that by giving money back to the American public--that it stimulated the economy--and JFK gave a large tax cut to ALL.

It worked for him, for Reagan, and for Bush 2. The problem--is you're right government has a heck of time cutting spending--and that is why we need a congress and administration that cuts ALL agencies with a very sharp knife.

But--as we see Nancy Pelosi called back congress over the weekend to sign off on Stimulus bill Jr.--adding another 28 BILLION of "borrowed" money to the tab. Why? To "save" goverment worker's jobs.

They still haven't figured out that the private sector of this country cannot afford these billions of dollars--when they have no JOBS.--

This is Obama's flood the basement economic policy.

You voted for it, you got it, and now you OWN it.

 

[bucs90]

And if the government goes bankrupt and can't afford to crutch the citizens on handouts, then the citizens will have to become more self-reliant, responsible, efficient, productive, thrifty, etc. In other words, act like a conservative to survive.

Yep sounds good to me.

But it won't go bankrupt, the Dems will continue in power until the GOP reforms and becomes answerable to the mainstream, and you will continued to excluded far, far to the right. You fail, bucs. Now the fact is this: thanks for playing. What an appropriate image for you, bucs90. You keep blowing for it and keep sucking it deep. Your lung capacity is amazing.

Oh. It won't go bankrupt? Oh, well I feel better now. I thought spending massive amounts more than one is taking in leads to bankruptcy. But, since you said not to worry, that the math of spending more than you make does NOT lead to bankruptcy, nevermind, don't know what I was ever worried about.

 

[The Rabbi]

The intellectual juice for Reagan's historic tax cuts came from Milton Friedman. He said that if you cut Government revenue, they will spend less. He thought he understood human nature. (This man is responsible for America's post 70s economic policy, so he better be right).

Unfortunately, he was wrong. The government didn't spend less under Reagan -- in fact, with a huge increase in military and law enforcement outlays, spending increased sharply over the Carter years. The consequences of Friedman's miscalculation were debt and deficits as far as the eye could see.

Same thing with investment in education. Friedman said that the government didn't need to invest in education because the market would deliver a utopian trickle of degrees to the middle class. Consequently, after Reagan began America's long divestment from education, the USA went from #1 to #12 amongst the #36 developed nations, and is woefully behind in the global competition for solutions to our largest problems.

Friedman also convinced Reagan that lowering taxes on the wealthy would lead to investment and jobs. It didn't. It went to the purchase of politicians and the Wall Street casino. As a result, middle class spending had to be kept alive on credit, while America's infrastructure and economy died.

Same thing with energy. Carter begged America to move into a less petro-intensive system. He warned that some day the demand for energy would outstrip supply, and your economy would be held hostage by terrorist states. Reagan framed him as a hysterical Lefty, and he crushed the alternative energy movement. He tore down the solar panels on the White House roof, and then he proclaimed that the market would take care of energy. It did the opposite. Big Oil bribed politicians to rig Cafe standards and crush the first big electric car movement. At every juncture, America's politicians expanded oil use. Now you are paying dearly for it.

The market mantra became a catch-all for anything America didn't want to pay for, invest in, or devote resources to.

"Don't worry, the market will take care of it. Let's go to Aspen!"

America tried to have its cake and eat it too. It got seduced by Reagan's voodoo. You believed that you did not have to pay as you go; you believed that you did not have to tend to big problems. You simply channeled all your resources to making a small group of people insanely wealthy -- and now it's time to pay (but you don't have any money, because the wealthy parachuted away with it. Trillions have been stuffed into dynastic coffers or moved off shore. Your great public sector is dead. You are living in a hyper-privatized neoliberal dystopia of concentrated wealth surrounded by rapidly expanding poverty).

You swallowed poison in 1980. The money is gone. The game is over. Nothing left to do but build prisons for all the poverty you created.

(the market didn't take care of it, and the price is your children's future)

Do you really believe that? Honestly?
Because every bit of evidence says you're wrong.

Really Rabid? You mean that the deficit did not balloon under Reagan?

Nothing compared to what it is under Obama:
US Federal Deficit As Percent Of GDP in United States 1980-2010 - Federal State Local

 

[JakeStarkey]

The Rabbi is starting to backtrack.

 

[hipeter924]

Obama Is Making Insane Republicans Look Good on Economic Policy
August 7, 2010 • 9:48AM
The latest poll by James Carville and Stan Greenberg's Democracy Corps shows that Obama's policies are so rotten and so hated by the American people, that, for the first time, voters are more confident in the Republican Party's ability to deal with the economy, than the Democrats' ability. The poll of 1,000 voters who cast votes in the 2008 general election was picked up, enthusiastically, by the Wall Street Journal Friday, under the headline: "Voters to Obama: Your Priorities Stink!"
The Journal quoted Democracy Corps: "Democrats are lagging further behind Republicans on which party can best deal with the economy," noting, "Among these voters, the GOP now enjoys a 49% to 36% edge on which party can best handle the economy. A striking 54% of these voters also believe President Obama's policies have done nothing to reduce the impact of the recession. Only 39% think Mr. Obama's efforts averted an even worse crisis.
"When asked about how they intend to vote in November, 52% of those who voted in 2008 said they plan to vote Republican to lodge a protest about current economic conditions. Only 41% plan to support Democrats."
Senior Democratic Party strategists emphasized to LPAC today that these polling results are absolutely devastating for Obama and for the Democrats. While Republicans traditionally poll ahead of the Democrats on their handling of national security and foreign policy, never have the Republicans been more trusted by the American electorate on economic affairs.
The Journal report concluded with the following fair comment: "Last year's fateful decision of the Obama Administration to pursue ambitious schemes to expand government control of health care and financial services rather than concentrate on job creation may go into the record books as one of the greatest political blunders of all time."
Obama Is Making Insane Republicans Look Good on Economic Policy


Liking this one.

 

[JakeStarkey]

None of that will result in a GOP House this fall. Americans will not go back to GOP fiscal policies that got us into this mess.

 

[bucs90]

None of that will result in a GOP House this fall. Americans will not go back to GOP fiscal policies that got us into this mess.

You're like a broken record.

Left wing housing loan policies are the root of this mess. You know it, the left knows it, and I will give you all credit for your unshaken will to deny this fact.

 

[JakeStarkey]

None of that will result in a GOP House this fall. Americans will not go back to GOP fiscal policies that got us into this mess.

You're like a broken record.

Left wing housing loan policies are the root of this mess. You know it, the left knows it, and I will give you all credit for your unshaken will to deny this fact.

Bucs, only you loons "know" it. The mess was created by a GOP congress with Presidents Clinton and Bush's willingness to stay popular. The American people will not tolerate a return of the GOP under Boehner and McConnell.