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Old 01-30-2009, 12:57 AM
 
Location: Unperson Everyman Land
38,647 posts, read 26,418,133 times
Reputation: 12658

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Quote:
Originally Posted by MovingForward View Post
Funny, though, that it was the Republicans who gambled America away to China. How many trillions are we in debt now? From an administration that inherited a SURPLUS??? Are you "glad" about that, too?

It's also funny, therefore, that you actually think these same Republicans are capable of seeing "fault and dangers" in an economic plan. That's really, really funny.

More mindless cheer leading while America is sold to interest groups in exchange for votes from people who care not as long as they get theirs. Bill Clinton never did anything to improve the economy that wasn't forced on him by Gingrich. After the reforms of the Republican Revolution took effect in 1996 (after the second shut-down of the federal government to force spending cuts Clinton opposed) US consumer confidence skyrocketed bringing in the prosperity of the mid-late '90s. Clinton was able to see the reforms that he fought against create an economic boom for which he took credit. The typical voter is just clueless enough to believe he fixed the economy.

If you are able to switch off MSNBC long enough to learn what is really going on in the world you'll find that the rest of the Western World is experiencing basically the same economic problems we are and for the same reasons. We are unable to produce products as inexpensively as China and other low-wage labor abundant nations worldwide. Since our products are relatively expensive, no one wants to buy them. We have now run out of money to borrow with which to continue to buy the cheap products from China throwing them into a recession too. Since no one is manufacturing anything, the price of raw materials has dropped (for the moment), and we see that at the pump. But the imbalance is still present. Our goods still cost too much in the world market. Once the stimulus money is spent to buy more Chinese goods, we'll be right back where we started from but with a staggering unmaintainable debt load. So what can we do to reduce the cost of producing here in the US? Labor, my pay and your pay? Of course not, that's our standard of living. Energy? OK, but Al Gore and the rest of the tree huggers won't like the idea, and green energy is extremely expensive. That gets us nowhere. Land? Well, maybe after the environmental impact studies are done and the EPA approves of the facilities. No advantage there if foreign nations permit companies to pollute as they please and simply need to fill in one of their wetlands to provide a perfect site for a new business. Taxes? Can we lower taxes on businesses? Sure, we have the second highest tax rates on business in the world. Who in their right mind would come here while other nations offer so much more for so much less?

McCain made a critical omission in his campaign promises. He failed to tell us that we can still have everything we want without punching a hole in Mother Earth, burning coal or building a nuclear power plant. We're still too spoiled to believe that we can't push our tax burden off on companies that can take their operations to more tax friendly nations. And we cling to this pipe dream about solar panels and windmills. I hate to say what I know is true. We are about to experience hardship on a scale not seen in a very long time. It is that, and only that, that will force us to take a critical look at the nonsense we are being fed by the left. A weak dollar and big government printing worthless money will just lead us back into the stag-flation of the Carter years. I hope we're not foolish enough to try that again.
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Old 01-30-2009, 01:01 AM
 
Location: Alabama!
6,048 posts, read 18,442,173 times
Reputation: 4836
Quote:
Originally Posted by The_Mo's View Post
We need to start taxing the you know what out of all our imported items from places China and India and entice these companies back to America. Creating more Government jobs isn't the answer. American companies on American Soil, Employing American Workers who make products that sell in America is our only way out of this mess.
Kudos to you. Why can't our lawmakers see this?
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Old 01-30-2009, 01:06 AM
 
7,359 posts, read 10,288,058 times
Reputation: 1893
Quote:
Originally Posted by momonkey View Post
More mindless cheer leading while America is sold to interest groups in exchange for votes from people who care not as long as they get theirs. Bill Clinton never did anything to improve the economy that wasn't forced on him by Gingrich. After the reforms of the Republican Revolution took effect in 1996 (after the second shut-down of the federal government to force spending cuts Clinton opposed) US consumer confidence skyrocketed bringing in the prosperity of the mid-late '90s. Clinton was able to see the reforms that he fought against create an economic boom for which he took credit. The typical voter is just clueless enough to believe he fixed the economy.

If you are able to switch off MSNBC long enough to learn what is really going on in the world you'll find that the rest of the Western World is experiencing basically the same economic problems we are and for the same reasons. We are unable to produce products as inexpensively as China and other low-wage labor abundant nations worldwide. Since our products are relatively expensive, no one wants to buy them. We have now run out of money to borrow with which to continue to buy the cheap products from China throwing them into a recession too. Since no one is manufacturing anything, the price of raw materials has dropped (for the moment), and we see that at the pump. But the imbalance is still present. Our goods still cost too much in the world market. Once the stimulus money is spent to buy more Chinese goods, we'll be right back where we started from but with a staggering unmaintainable debt load. So what can we do to reduce the cost of producing here in the US? Labor, my pay and your pay? Of course not, that's our standard of living. Energy? OK, but Al Gore and the rest of the tree huggers won't like the idea, and green energy is extremely expensive. That gets us nowhere. Land? Well, maybe after the environmental impact studies are done and the EPA approves of the facilities. No advantage there if foreign nations permit companies to pollute as they please and simply need to fill in one of their wetlands to provide a perfect site for a new business. Taxes? Can we lower taxes on businesses? Sure, we have the second highest tax rates on business in the world. Who in their right mind would come here while other nations offer so much more for so much less?

McCain made a critical omission in his campaign promises. He failed to tell us that we can still have everything we want without punching a hole in Mother Earth, burning coal or building a nuclear power plant. We're still too spoiled to believe that we can't push our tax burden off on companies that can take their operations to more tax friendly nations. And we cling to this pipe dream about solar panels and windmills. I hate to say what I know is true. We are about to experience hardship on a scale not seen in a very long time. It is that, and only that, that will force us to take a critical look at the nonsense we are being fed by the left. A weak dollar and big government printing worthless money will just lead us back into the stag-flation of the Carter years. I hope we're not foolish enough to try that again.
"Pipe dream"? You have absolutely no idea what you're talking about. The planet is dying. All this crap about politics will be mere detail if that "pipe dream" doesn't come true--because we have about a century left. And that's if we're lucky. If you think we can continue to suck the lifeblood out of this planet without paying a very, very steep price, then you merely exhibit your ignorance about ecology and our role in it. All that "global warming is a hoax" "drill, baby, drill" crap is just more ignorant arrogance from the I-got-mine-who-gives-a-f*ck-about-you neo-con crowd. You just keep on with your fear-baiting and your hate-mongering. I understand you fear change, and innovation. That, for people like you, the world can only be the way the world was. Oil and gas are your "normalcy." Wind, solar, geothermal: it threatens you. Understood. But step out of the way, so that the next generation can have a planet to live on, okay?

It's true that we are "about to experience hardship . . . "--and you can thank George W. Bush and the Republican Party for that. We already have a weak dollar and we already have big government, thanks to the REPUBLICANS.

Man, it is just astounding how deep in denial people can be.
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Old 01-30-2009, 01:08 AM
 
Location: Unperson Everyman Land
38,647 posts, read 26,418,133 times
Reputation: 12658
Quote:
Originally Posted by MovingForward View Post
What I know is that every single Republican member of Congress did NOTHING to help the American people, they fought regulation of corporations, they supported outsourcing, they supported lower corporate taxes, etc., over the last 8 years. Now, suddenly, we're supposed to believe that they give a damn?

No, not a socialist. Sorry.

Hello, Earth to MovingForward! Companies go to other nations because our regulations cost them too much money along with our high corporate tax rates. If they could make money here they would. Corporations don't care which Party is in power. They care about making money and being competitive with other companies. Please go to your local community college and enroll in ECON 101 before posting anything else. Thank you!
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Old 01-30-2009, 01:09 AM
 
Location: Northridge/Porter Ranch, Calif.
24,514 posts, read 33,347,886 times
Reputation: 7625
Quote:
Originally Posted by EinsteinsGhost View Post
And how has that turned out over last eight years? Would love to see the evidence of its effectiveness.
Here is how it turned out:

Percentage of Federal Personal Income Tax Paid:

-------------------- 2000--------- 2006
Top 1%------------- 37.42%------ 39.89%
Bottom 50%--------- 3.91%------- 2.99%

Source: Internal Revenue Service
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Old 01-30-2009, 01:18 AM
 
7,359 posts, read 10,288,058 times
Reputation: 1893
Quote:
Originally Posted by momonkey View Post
Hello, Earth to MovingForward! Companies go to other nations because our regulations cost them too much money along with our high corporate tax rates. If they could make money here they would. Corporations don't care which Party is in power. They care about making money and being competitive with other companies. Please go to your local community college and enroll in ECON 101 before posting anything else. Thank you!
Companies don't go to other nations because our regulations "cost them too much money." Neither do they leave because of a high corporate tax rate. They make a perfectly decent profit staying at home, and are perfectly "competitive" staying at home. But they don't want to make merely a "profit." Even a hefty "profit" is no longer sufficient. They want to make a killing. Globalization offered the opportunity for obscene profit--and usually at the expense of the health of the planet (few pesky environmental regulations in those undeveloped countries, you know) and the health of third-world laborers (and no, they are not happy being locked into a factory 12 hours/day, making merely subsistence wages working for American companies). It's amazing to me that people are naive enough to actually believe the lies they are fed by this segment of corporate America.

I don't have to take an economics course, thanks. I teach a course on Capitalism and Sustainability. I have a pretty good idea of the state of the economy.
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Old 01-30-2009, 01:20 AM
 
7,359 posts, read 10,288,058 times
Reputation: 1893
Quote:
Originally Posted by Fleet View Post
Here is how it turned out:

Percentage of Federal Personal Income Tax Paid:

-------------------- 2000--------- 2006
Top 1%------------- 37.42%------ 39.89%
Bottom 50%--------- 3.91%------- 2.99%

Source: Internal Revenue Service
Boo friggin' hoo.

I'm not in the top 1% and I pay 33%/annum in federal taxes. Which cuts into my standard of living considerably more than it cuts into the standard of living for people in the top 1%. You don't hear me whining about it. They can buck up, pay their share, and shut up.
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Old 01-30-2009, 01:22 AM
 
Location: Unperson Everyman Land
38,647 posts, read 26,418,133 times
Reputation: 12658
Quote:
Originally Posted by MovingForward View Post
But the Dems DID "budge." That said, I believe the bill may not work. Frankly, I don't believe any bill will work. I think we're headed for a Depression, and there's nothing we can do to stop it. Short of massive and immediate job creation through infrastructure rebuilding and green technology. Those two things are the only things that will save us. Giving rich people yet more tax breaks--which is what the Republicans want--is absurd. It never works. Never has, never will.
The dems budged on the contaceptives and the sod because, when it was exposed by the media, they were too embarased to keep it in there, but the whole bill is full of liberal pet projects that WILL NOT CREATE A SINGLE JOB!

Japan has been trying the stimulus approach for years with no positive results until they finally cut taxes. That worked. Democrats can't do that because the liberal pet projects are the way they buy votes. They are a leech on the leg of our democracy. Carter had one of these plans every few months, and none of them worked. They just got us deeper and deeper into a web of stagnat wages and skyrocketing inflation. A weak dollar and big government printing worthless paper is no solution to anything. We've been here before people. Let's learn from our past. This new stimulus plan is rehashed Carter-nomics that has been super-sized.
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Old 01-30-2009, 01:39 AM
 
7,359 posts, read 10,288,058 times
Reputation: 1893
Quote:
Originally Posted by momonkey View Post
The dems budged on the contaceptives and the sod because, when it was exposed by the media, they were too embarased to keep it in there, but the whole bill is full of liberal pet projects that WILL NOT CREATE A SINGLE JOB!

Japan has been trying the stimulus approach for years with no positive results until they finally cut taxes. That worked. Democrats can't do that because the liberal pet projects are the way they buy votes. They are a leech on the leg of our democracy. Carter had one of these plans every few months, and none of them worked. They just got us deeper and deeper into a web of stagnat wages and skyrocketing inflation. A weak dollar and big government printing worthless paper is no solution to anything. We've been here before people. Let's learn from our past. This new stimulus plan is rehashed Carter-nomics that has been super-sized.
But taxes WERE cut. It made no difference. It created no jobs. Do you understand this? They simply took the jobs elsewhere. And now, they will not be satisfied unless they are able to operate in a first-world country with third-world costs. Carter was the 70s. When Clinton left office, the national budget had a surplus. The economic crisis we are in, and the mushrooming of government, happened over the last 8 years, under the Bush administration. It's not difficult to understand.
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Old 01-30-2009, 01:50 AM
 
Location: Unperson Everyman Land
38,647 posts, read 26,418,133 times
Reputation: 12658
Quote:
Originally Posted by MovingForward View Post
"Pipe dream"? You have absolutely no idea what you're talking about. The planet is dying. All this crap about politics will be mere detail if that "pipe dream" doesn't come true--because we have about a century left. And that's if we're lucky. If you think we can continue to suck the lifeblood out of this planet without paying a very, very steep price, then you merely exhibit your ignorance about ecology and our role in it. All that "global warming is a hoax" "drill, baby, drill" crap is just more ignorant arrogance from the I-got-mine-who-gives-a-f*ck-about-you neo-con crowd. You just keep on with your fear-baiting and your hate-mongering. I understand you fear change, and innovation. That, for people like you, the world can only be the way the world was. Oil and gas are your "normalcy." Wind, solar, geothermal: it threatens you. Understood. But step out of the way, so that the next generation can have a planet to live on, okay?

It's true that we are "about to experience hardship . . . "--and you can thank George W. Bush and the Republican Party for that. We already have a weak dollar and we already have big government, thanks to the REPUBLICANS.

Man, it is just astounding how deep in denial people can be.

In about three months get back to me about the huge GWB government. We'll compare notes. Same with the weak dollar except we'll give that about a year.

As for the global warming, Why do we now call it "climate change"? Give up? Because it got cold last year. Al Gore talking about that while he's toolin' around on Bio-Solar One? I doubt it because he has made $100,000,000 with his chicken little sky is fallin' spiel. So have a lot of other people doing climate research. That is as long as they continue to claim man's activities are causing all sorts of catastrophes that will eventually render the Earth unlivable. It's all nonsense. CO2 doesn't cause global warming. Global warming causes CO2, then it gets cold again. It's been that way throughout the ages.

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