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Our current welfare system. I say this as someone who supports assistance programs but it is absolutely being done wrongly and it does encourage people to stay on welfare.
I do not know the exacts so these numbers are made up but it will make my point.
Sit at home and get $900 a month. Get a job making $900 a month and you lose your benefits. Why bother getting a job? When one improves their position the benefits should change in a pro-rated amount to encourage people to improve themselves.
Someone with a medical card would really get screwed over.
Here in NC taxes have been flattened and the UE has been rising. The State govt. has removed all incentives to create growth. The average tax payer is now paying more in taxes then ever. The flat tax has helped the top 1% and hurt the rest of the state.
Real estate tax rates are going up, sales taxes are going up, property tax rates are going up, all those nice fees (republican for taxes) have gone up.
The State GA (both controlled by Republicans.) is unable to pass a budget and has caused locals to stop in their tracks.
They do not know how to govern and the lower tax rates only help a very small group.
Trickle-down or supply-side or Reaganomics, it has many names. Let's not be obtuse.
That was then, this is now. China alone today is the largest or second largest economy in the world, depending which metric you use; a lot has changed since when Clinton first took office ~20 years ago.
Welfare is supposed to be a floorboard for a standard of living.
LOL. Maintaining poverty? We've been doing that as a species since we learned how to build civilizations and cities. That has been the human condition for pretty much all of our history.
US citizens, the large majority of them, lived in poverty for the majority of this country's history long before welfare. You seem to have an inaccurate view of poverty that doesn't match reality.
Everyone is a consumer, everyone is involved.
LOL. That makes no sense and I'm not sure what your point is. America, Japan, and Germany are global manufacturing beasts and have varying levels of social spending and we have way less people than China. America has been a leading developed country that has been growing population wise, so the issue isn't "welfare removing individuals from the work force" or whatever that means.
And that's fine, except there is a world outside the business owner's vacuum.
Ok? Smart people surround themselves with other smart people who won't tell them what they hear. Why you hatin' on my boy Buffet yo?
Small businesses have their respective trade organizations and lobbying groups. Let's not be naive and think small business owners are all by their lonesome.
Putting me in either left or right wing camp is not a smart move.
You're tens of millions in debt and can't understand the difference between public vs private debt? For your sake, I hope that's just your internet ego talking. Either way, I wouldn't broadcast that one doesn't the know difference between the separate types of debt.
Just for one instance, pretend the government didnt need ANY money, and there was a 0% tax rate..
How the FK is ALLOWING PEOPLE TO KEEP THEIR OWN MONEY, TRICKLE DOWN?
You guys have EVERYTHING backwards.. its embarrassing some people are this dam dumb..
People KEEPING THEIR OWN MONEY is NOT trickle down, unless you assume the money ISNT THEIRS..
I think for some reason the Obama hater's/Liberal Hater's have been brainwashed to believe that their precious tax dollars is going to subsidize those lazy poor people...While in reality Program's like SNAP actually only cost pennies compared to those subsidies that go to "Corporate welfare" !! This link explains of which I speak..
In 2012, the average American taxpayer making $50,000 per year paid just $36 towards the food stamps program.
That's just ten cents a day!
That's less than the cost of a gumball.
But Republicans think that's still too high a price to pay to help the neediest and most vulnerable Americans.
Simply put, the American taxpayer isn't paying much for social safety net programs like food stamps and Medicare.
Quote:
An additional $870 goes to corporate tax subsidies.
The Tax Foundation has found that the "special tax provisions" of corporations cost taxpayers over $100 billion per year, or roughly $870 per family.
But in reality, that number is much higher.
Citizens for Tax Justice found that the U.S. Treasury lost $181 billion in corporate tax subsidies, which means the average American family could be out as much as $1,600 per year.
Finally, of the $6,000 in corporate subsidies that the average American family pays each year, $1,231 of it goes to making up for revenue losses from corporate tax havens.
SO Wise One It appears the constant blaming of those "Takers" propaganda slogans are believed when yelled about constantly. Now, I wonder just who are the real "low informed" people???
It's so odd then that the returns have been very high the last 6 years. Artificially so, but high all the same.
The returns in the stock market I'm assuming is what you're referring to, comes at the expense of returns in the bonds, tbills, savings account etc... all paying historically low..
When people start to return to these other investment mechanisms for a return, the stock market will fall.. there is only so much money in the economy
The returns in the stock market I'm assuming is what you're referring to, comes at the expense of returns in the bonds, tbills, savings account etc... all paying historically low..
I don't disagree but that isn't what was being presented. What was presented is that people have no invested because they do not trust Obama. They have invested and done extremely well because of the governments subsidies for the stock markets.
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When people start to return to these other investment mechanisms for a return, the stock market will fall.. there is only so much money in the economy
It should never have been artificially manipulated in the first place.
Lets remember that in the closing months of the Bush Administration the economy was shedding 700,000 jobs a month. Since 2008 small business which is the real engine of job creation has not been able to get loans. Loans are used for expansion. Expansion is used in hiring new employees. [snip]
Can you really ignore the obvious?
Ignoring the obvious?? Do you know who held majorities in the House and Senate beginning in 2007? Hint, The Party was not the Republican Party.
One of these days people like you will learn, not really, that the top 2% INVEST when and ONLY when they believe they will get a decent return on their money.
Obama's policy's do NOT make them feel comfortable investing. The odds are against them making the return they desire.
It's that SIMPLE, really!
Let's take a look at the Tupperware story. You know, housewives throwing Tupperware parties to make " pin money".
The U.S. does not need more Tupperware. The stuff lasts forever and there is no shortage of foreign competition of less durable and cheaper alternatives. Home parties are no longer a popular way to sell plastic storage containers in the U.S.
Tupperware evolved into a multinational corporation. It expanded to Europe and then Asia. They have experienced 50+% growth in India and Indonesia.
They typically manufacture in the country they sell. Why would Tupperware invest in U.S. jobs when the lion's share of their business has not been in the U.S. for serious decades? They have 15,000 employees in 100 countries.
Why would Tupperware repatriate profits back to the U.S. unless they intended to use their profits to buy back their stock which causes their stock price to increase, making shareholders and senior management ( stock options represent a percentage of compensation) happy campers?
In 2004, Congress passed and Bush signed the American Jobs Creation Act. This legislation created a temporary window for multinationals to repatriate profits at a low tax rate. The theory was that repatriated cash would be used to create new jobs in the U.S. That's not however how it turned out.
Ford was a major lobby for this legislation. Instead of creating jobs, Ford laid- off 30,000 in the U.S. Same deal at HP. Instead they used their repatriated profits to buy back their stock.
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It appears the constant blaming of those "Takers" propaganda slogans are believed when yelled about constantly. Now, I wonder just who are the real "low informed" people???
Ignoring the obvious?? Do you know who held majorities in the House and Senate beginning in 2007? Hint, The Party was not the Republican Party.
