Where big promises meet economic reality.

[j-mac]

We've also never had this level of wealth generated before, nor the income disparity.

We're in uncharted territory.

Quit your whining and get off of your lazy ass and get out there to create your own opportunity...Millionaire's are made in this country every day, and then there are those that whine and cry that they can't....That's their problem...And sounds like your problem too....

 

[Anomalism]

We've also never had this level of wealth generated before, nor the income disparity.

We're in uncharted territory.

However, the math works, it's you'r corrupted ideology that's preventing you from seeing this.

Wealth concentration is at historic levels, but you have to look at what kind of wealth we're talking about. A huge portion of it is illiquid: stocks, real estate, business ownership. That’s not sitting around in cash, ready to be taxed without consequences, and even if we aggressively taxed the ultra-wealthy, the one-time windfall or limited recurring revenue simply wouldn’t sustainably fund massive entitlements like universal healthcare and tuition.

Scandinavian countries, often cited as success stories, don’t fund their safety nets solely off the rich. They rely heavily on middle-class taxes: high VAT, income, and payroll taxes across the board. That’s not ideology, it’s how their systems function in the real world. If someone wants those outcomes, they also have to accept the structure that funds them.

 

[initforme]

You’re confusing wealth with income and consumption, which are distinct concepts. Wealth refers to accumulated assets, income is the flow of earnings, and consumption is the spending that drives much of the economy. It's important to distinguish between wealth, income, and consumption. While the top 10% do hold the majority of wealth (assets), the middle and upper-middle classes collectively earn most of the national income and account for the bulk of consumer spending. Since taxes on income and consumption fund most public services, broad-based participation in taxation is necessary to sustain large-scale social programs. Simply taxing wealth alone, especially when much of it is illiquid or tied up in assets, isn't sufficient to support comprehensive social safety nets.

Its pri.e time for middle class wages to rise basically across the board. More wealth is then generated.

 

[Edgetho]

Simple, emotionally charged, and easy to repeat. It's perfect for influencing people that don't actually dig into the issues.

I'd be all for it except for one thing -- It doesn't work.

It isn't so much that dimocrap scum are malicious scum -- They are.

It isn't so much that they're incompetent -- They are. Or stupid. Nobody can argue with that fact. They are.

The thing about dimocrap scum is -- None of their ideas work. None of them. Never in our history.

dimocrap scum want to help Black people (they say) so they come up with a Welfare System that excludes Men from the Family Home. No Male supervision in a household full of male Children? what could go wrong.

In the 1950's (the earliest we have data from) the Divorce rate among Blacks was roughly equal to that of Whites. The Unmarried Mother rate was roughly similar to Whites. As was Unemployment, Incarceration.....

Were there problems? Oh, HELL YES. So you know what dimocrap scum did? They made it worse.

I could go on and on and fill this entire Forum of dimocrap scum failures. Bad ones. The Truman Doctrine that got us into Viet Nam. The Peanut and Iran. the Bastard Son of Frank Marshall Davis and ISIS.

Sponge Brains Shits Pants and Asscrackistan, SPSB and the Student Loan fiasco. His lunacy actually ends up hurting Students with loans. FNC had an article about his ridiculous SAVE program being knocked out of the Park.

None of it works. Nothing dimocrap scum do works. The ACA is a bad joke.

Look at what the French did when they tried the same shit of "Taxing The Rich".

The Rich left.

Dear dimocrap scum: Know why those people are rich? Because they're smarter than you.

The world will be a better place when it finally wakes up and realizes that dimocrap scum are the worst thing to ever happen to us. If we don't do something to eliminate them, they will send us bacck to the Dark Ages.

Don't forget, Europe was in The Dark Ages for a THOUSAND Years and dimocrap scum-thinking is the reason why. Don't believe me? Study it. Compare. Contrast. dimocrap scum are replacing Guilds with Unions and they're replacing the Church with Goobermint. They're trying hard to establish a Caste System with a new Political Class as The Peerage, etc, etc, etc ad Nauseam.

dimocraps are scum

 

[initforme]

If every citizen cut back their spending imagine how the economy flourishes.

 

[j-mac]

If every citizen cut back their spending imagine how the economy flourishes.

Say what now?

 

[initforme]

Say what now?

If every consumer consumed less and saved more, the economy gets stronger. Less debt, less products purchased, more money in savings. Imagine a 10 percent cut back by every citizen. Wont happen but that would be great.

 

[Anomalism]

If every citizen cut back their spending imagine how the economy flourishes.

This is incorrect.

If everybody cuts back spending, aggregate demand falls. Businesses earn less, so they cut back production, lay off workers, and invest less, which causes a recession or deepens one. That is called the Paradox of Thrift in economics. Businesses depend on consumer demand to stay afloat. Economies flourish through balanced spending, investment, and productivity, not universal austerity.

 

[j-mac]

If every consumer consumed less and saved more, the economy gets stronger. Less debt, less products purchased, more money in savings. Imagine a 10 percent cut back by every citizen. Wont happen but that would be great.

OMG, you were serious?

 

[Edgetho]

Wealth concentration is at historic levels, but you have to look at what kind of wealth we're talking about. A huge portion of it is illiquid: stocks, real estate, business ownership. That’s not sitting around in cash, ready to be taxed without consequences, and even if we aggressively taxed the ultra-wealthy, the one-time windfall or limited recurring revenue simply wouldn’t sustainably fund massive entitlements like universal healthcare and tuition.

Scandinavian countries, often cited as success stories, don’t fund their safety nets solely off the rich. They rely heavily on middle-class taxes: high VAT, income, and payroll taxes across the board. That’s not ideology, it’s how their systems function in the real world. If someone wants those outcomes, they also have to accept the structure that funds them.

THE biggest reason Scandinavian Countries (and many others) have better infrastructure than we do is simple -- They don't have the dimocrap scum party stealing everything that isn't tied down.

Where is that HSR System that is 900% over-budget in Kaliphony? dimocrap scum don't have a philosophy, there are no guiding principles of the dimocrap scum party, they have no Mission Statement.... Nothing.

They steal money. It's what they do. It's what they've always done. It is what they will ALWAYS do.

 

[MarcATL]

Wealth concentration is at historic levels, but you have to look at what kind of wealth we're talking about. A huge portion of it is illiquid: stocks, real estate, business ownership. That’s not sitting around in cash, ready to be taxed without consequences, and even if we aggressively taxed the ultra-wealthy, the one-time windfall or limited recurring revenue simply wouldn’t sustainably fund massive entitlements like universal healthcare and tuition.

Scandinavian countries, often cited as success stories, don’t fund their safety nets solely off the rich. They rely heavily on middle-class taxes: high VAT, income, and payroll taxes across the board. That’s not ideology, it’s how their systems function in the real world. If someone wants those outcomes, they also have to accept the structure that funds them.

I take back my disparaging use of corrupted to your ideology.

I'll just say you're misguided.

 

[Anomalism]

OMG, you were serious?

Most people don't have even a rudimentary understanding of how economics works.

 

[Anomalism]

I take back my disparaging use of corrupted to your ideology.

I'll just say you're misguided.

Is there anything in that post you disagree with?

 

[initforme]

OMG, you were serious?

Less debt, more in savings. Less money spent. Wheres the downside?

 

[Edgetho]

This is incorrect.

If everybody cuts back spending, aggregate demand falls. Businesses earn less, so they cut back production, lay off workers, and invest less, which causes a recession or deepens one. That is called the Paradox of Thrift in economics. Businesses depend on consumer demand to stay afloat. Economies flourish through balanced spending, investment, and productivity, not universal austerity.

dimocrap scum are so stupid, they think that Uncle Scrooge is keeping all his Treasure in a wooden chest somewhere in the basement behind locked steel doors. They are uniformly regressive idiots

The Money the rich have is mostly out there, being lent out, building things, employing people, driving the wheels of capitalism.

That Money is working. Which is more than we can say for dimocrap scum voters. They mostly lay around and demand to get something for nothing. That's how they spend all day, every day, in here complaining. I'm retired. And I earned it the hard way.

 

[initforme]

This is incorrect.

If everybody cuts back spending, aggregate demand falls. Businesses earn less, so they cut back production, lay off workers, and invest less, which causes a recession or deepens one. That is called the Paradox of Thrift in economics. Businesses depend on consumer demand to stay afloat. Economies flourish through balanced spending, investment, and productivity, not universal austerity.

The raise wages.

 

[MarcATL]

Is there anything in that post you disagree with?

Yes, that the middle class would have to be taxed more and that the taxes from the mega-wealthy wouldn't be able to handle the needed services.

 

[Anomalism]

Yes, that the middle class would have to be taxed more and that the taxes from the mega-wealthy wouldn't be able to handle the needed services.

I just explained why your view is inaccurate. Is there anything specific in my post you want to discredit with facts and perspective?

 

[shockedcanadian]

The higher up the slower the wheels of justice turn. It becomes a business rather than law enforcement.

At least it appears the Trump administration and many Dem politicians (I should know, I've reached out to many on occasion) are aware of Canadas police state and disregarding of liberal democracy ideology.

I've never seen so few Democrats remain silent in the face of Canadas economy being impacted by Trumps tariffs. It's clear they have been briefed on some of the abuses the police state have applied to both citizens and American businesses.

That would be my guess.

 

[MarcATL]

I just explained why your view is inaccurate. Is there anything specific in my post you want to discredit with facts and perspective?

Nah, that does it. We simply disagree.