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Next we'll be reading posts about how well trickle-down economics works.
You've had eight years of Obama practicing his version of "trickle down" and the wealth gap is larger than ever. Where have you criticized him and his dem co-conspirators?
Quote:
Originally Posted by GotHereQuickAsICould
Liberals want government to be a buffer against the robber barons. Hence environmental regulations, labor laws, banking laws, national parks ...
not hardly in practice.
We still have contaminated water and soil (often the culprit is guv itself), bailouts to banks and Wall Street, national parks that get closed when the fed guv wants to punish us for not tithing enough of our wealth to it.. So many failures so little bandwith.
Quote:
Originally Posted by GotHereQuickAsICould
Conservatives (not sure why they are called this as they don't want to conserve anything, really) want minimal government interference in the robber barons' schemes.
Agree many conservatives are anything but, and again I'll say you embrace the biggest robber baron in the history of the world, the US fed guv., thus leaving you no high ground from which to preach.
gainst the robber barons. Hence environmental regulations, labor laws, banking laws, national parks ...
Conservatives (not sure why they are called this as they don't want to conserve anything, really) want minimal government interference in the robber barons' schemes.
Yet they want BIG Government to control every aspect of a person's private life they don't agree with.
Here's a good breakdown of the total effective federal tax rate paid by each group. Additionally, note the HUGE drop (10 percentage points) in the effective federal income tax rate between the top 1% and the top >1-5%:
This only lists federal income tax rate. There are other taxes as well.
Also, it should be noted that many wealthy and profitable corporations pay no federal taxes at all.
2) The tens of thousands of people who are at least 5 years late on their mortgage payments and will consequently get their homes for free, as the statute of limitations has expired. The Federal Reserve created $2 Trillion in QE to bail out the delinquent homeowners and the GSEs which had to pay those who invested in their MBS.
Next we'll be reading posts about great well trickle-down economics works.
Liberals want government to be a buffer against the robber barons. Hence environmental regulations, labor laws, banking laws, national parks ...
Conservatives (not sure why they are called this as they don't want to conserve anything, really) want minimal government interference in the robber barons' schemes.
yes and the uninformed appear to have a near masochistic attitude to the wealthy
i cant think of any other country where the poor ( ish ) demand they take a hit so the wealthy dont have to but its the only rational explanation as to why anyone earning an average wage would vote GOP
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