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I find it amusing reading posts by conservatives claiming that all QE did was make the stock market rise, in view of evidence as clear as day that every economic indicator has risen. For them, it is hard to accept inconvenient facts.
There we go.......programs that increase the wealth inequalities to record levels are a good thing. Has wages risen? No. Have the middle class became stagnant? Yes. Have the poor fallen further behind? Yes. Are we at a record low employment participation rate? Yes. Is the number of people on public assistance rising? Yes.
Where are these great economic indicators? And don't embarrass yourself and point out GDP.
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Moreover, it is funny reading claims of how regressive Scandinavian taxes are, when they have better class mobility and lower income inequality than the U.S.
Sweden, Finland and Norway have a combined population that is around half of that of California alone. 80% of people of working age in Switzerland is working.
There we go.......programs that increase the wealth inequalities to record levels are a good thing. Has wages risen? No. Have the middle class became stagnant? Yes. Have the poor fallen further behind? Yes. Are we at a record low employment participation rate? Yes. Is the number of people on public assistance rising? Yes.
Where are these great economic indicators? And don't embarrass yourself and point out GDP.
Sweden, Finland and Norway have a combined population that is around half of that of California alone. 80% of people of working age in Switzerland is working.
26 million people live in Scandinavia (same as Texas) and more than 80 million people live in Germany.
Germany protects it's industry, not come up with more "trade deals" that will only harm it.
26 million still can't compare with 320 million.
I do agree with you, pknopp. Trade deals shouldnt even be called free trade deals, as they are neither free nor trade. More like corporate coups of the economy.
If programs that work in Sweden or Denmark also works in Germany with 10 times as many people, the population argument seems flawed.
I do agree with you, pknopp. Trade deals shouldnt even be called free trade deals, as they are neither free nor trade. More like corporate coups of the economy.
If programs that work in Sweden or Denmark also works in Germany with 10 times as many people, the population argument seems flawed.
Would income inequality be lower if we protected our industries like other countries do as opposed to shipping them to China, Taiwan and India?
If programs that work in Sweden or Denmark also works in Germany with 10 times as many people, the population argument seems flawed.
I agree. So let's do all of the following because Scandinavia and Europe have clearly shown what works...
1) Adopt Scandinavian-style and European-style regressive tax codes. 2) Repeal FATCA. 3) Legally allow the rich to hide assets and income in foreign accounts so that their income is completely tax-free. 4) Implement Scandinavian-style and European-style social and safety net programs.
I agree. So let's do all of the following because Scandinavia and Europe have clearly shown what works...
1) Adopt Scandinavian-style and European-style regressive tax codes. 2) Repeal FATCA. 3) Legally allow the rich to hide assets and income in foreign accounts so that their income is completely tax-free. 4) Implement Scandinavian-style and European-style social and safety net programs.
Deal?
OK, but first you have to prove that not being able to tax worldwide income makes a country richer, and that the US would be richer if it did not tax worldwide income. That is what you are saying. If that can be proven, then I am all for that.
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