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Old 08-04-2010, 04:05 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,253,825 times
Reputation: 4269

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I sure think these numbers say a lot about some of the legislation we have been seeing that is totally against what the voters want. Only a politician or his spouse could disagree, I think.

67% of Political Class Say U.S. Heading in Right Direction, 84% of Mainstream Disagrees - Rasmussen Reports™
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Old 08-04-2010, 11:02 PM
 
608 posts, read 1,346,121 times
Reputation: 469
Most of the mainstream are idiots with a below average education who could not tell you how our economic system works, the history of our country and what is in our constitution.

Take the fact that most people believe that they only way to improve the economy is to reduce spending and taxes..blah..blah..blah.

History would say otherwise. Clinton 1993. US unemployment at 8% huge deficits. His solution, a combination of income tax credits for the lower and middle classes. And raising of taxes for the wealthy, he created two new tax brackets. He spent money more money than other administrations, wisely on social and educational programs. He raised taxes and increased spending.

Result...He leaves office with a budget surplus. Unemployment down to 4%. More than half of the people who were on welfare when he entered office are off the roles and working on jobs. The economy is projected to grow so much that by the end of 2008 the US could have a SURPLUS of $10 trillion according to GAO.

Then Bush f*&#$ it all up.

The Panic of 1907.

Unemployment up, banks and businesses are collapsing. Government works together with business and Grover Clevland announces new legislation. The Aldrich-Vreeland Act of 1908 places more money in circulation, raises taxes and spending on the wealthy. The panic ends a year later. Eventually the Federal Reserve System is created as a result.

The Panic of 1873

A collapse in the banking industry as a result of overspeculation in the housing industry and railroad industry creates a 4 year economic death spiral. The only way out of it was raising of business taxes to spur the governments in Europe and the United States to put more money into supply. In turn wages and employment increase. In 1873, a complex financial pyramid rested on a pinhead. Banks are hoarding cash. Banks that hoard cash do not make short-term loans. Businesses large and small now face a potential dearth of short-term credit to buy raw materials, ship their products, and keep goods on shelves. This panic, historically, is most associated with our economic troubles of today.

The Panic of 1837

The first American depression, more of a inflation gone wild. However, Martin Van Buren, does nothing for 4 years. His presidency is marred by inaction and ineptness. As a result, he is considered a failure. He later recounts that he wishes he did something to spur the American economy, but doing nothing has cost him.
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Old 08-04-2010, 11:20 PM
 
Location: Unperson Everyman Land
38,647 posts, read 26,363,905 times
Reputation: 12648
Quote:
Originally Posted by arrgy View Post
Most of the mainstream are idiots with a below average education who could not tell you how our economic system works, the history of our country and what is in our constitution.

Take the fact that most people believe that they only way to improve the economy is to reduce spending and taxes..blah..blah..blah.

History would say otherwise. Clinton 1993. US unemployment at 8% huge deficits. His solution, a combination of income tax credits for the lower and middle classes. And raising of taxes for the wealthy, he created two new tax brackets. He spent money more money than other administrations, wisely on social and educational programs. He raised taxes and increased spending.

Result...He leaves office with a budget surplus. Unemployment down to 4%. More than half of the people who were on welfare when he entered office are off the roles and working on jobs. The economy is projected to grow so much that by the end of 2008 the US could have a SURPLUS of $10 trillion according to GAO.

Then Bush f*&#$ it all up.

The Panic of 1907.

Unemployment up, banks and businesses are collapsing. Government works together with business and Grover Clevland announces new legislation. The Aldrich-Vreeland Act of 1908 places more money in circulation, raises taxes and spending on the wealthy. The panic ends a year later. Eventually the Federal Reserve System is created as a result.

The Panic of 1873

A collapse in the banking industry as a result of overspeculation in the housing industry and railroad industry creates a 4 year economic death spiral. The only way out of it was raising of business taxes to spur the governments in Europe and the United States to put more money into supply. In turn wages and employment increase. In 1873, a complex financial pyramid rested on a pinhead. Banks are hoarding cash. Banks that hoard cash do not make short-term loans. Businesses large and small now face a potential dearth of short-term credit to buy raw materials, ship their products, and keep goods on shelves. This panic, historically, is most associated with our economic troubles of today.



Clinton ruled by decree for eight years?

"Mr. Gingrich said the President had agreed to use the economic assumptions of the nonpartisan Congressional Budget Office in the negotiations, a concession that the Republicans had been seeking. Those forecasts are less optimistic than the White House projections and would require deeper cuts to reach a balanced budget."

CLINTON, GINGRICH AND DOLE PLEDGE A DEAL ON BUDGET - NYTimes.com

After having his a$$ handed to him in the 1994 midterms, Clinton was dragged to the alter kicking and screaming. He finally agreed to Republican demands because he realized he had a year and a half to make America forget what happened in 1992 and 1993.


Congress controls spending and taxation and made Clinton eat his lunch in 1995. The Republican Revolution created the sky high consumer confidence and prosperity of the late 1990s.
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Old 08-04-2010, 11:34 PM
 
Location: Highland, CA (formerly Newark, NJ)
6,183 posts, read 6,071,320 times
Reputation: 2150
By golly it's a shame we aren't run by good old fashioned mob rule. Certainly works fine down in South America.
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Old 08-05-2010, 05:39 AM
 
805 posts, read 773,940 times
Reputation: 231
Quote:
Originally Posted by roysoldboy View Post
I sure think these numbers say a lot about some of the legislation we have been seeing that is totally against what the voters want. Only a politician or his spouse could disagree, I think.

67% of Political Class Say U.S. Heading in Right Direction, 84% of Mainstream Disagrees - Rasmussen Reports™
Sure... the "ruling class" knows best!
Heck, throwing "our" money down rat holes like replacing windows in a "closed" building to the tune of a half-million dollars makes sense to senile, entrencehed millionaire senators and congressmen who know a good pork barrel project when they vote for one. Heck, it's only your money and not theirs besides there's probably some kickback or political contribution from the leech that is going to install the windows to the senator and congressmen in whose district the work is being done... how else do you think these senators and congressmen become millionaires during their tenure if they can't benefit a little from these pork barrel projects... you've got to think about your old age retirement...don'tcha???

Heck, voters can vote for all the Propositions they want to and the "Ruling Class" (politicians and judges) if they don't like the results will Legislate it out of existence in Washington or just overule it by decisions from the bench.

And you wonder why citizens are PO'd?!
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Old 08-05-2010, 06:18 AM
 
35,016 posts, read 39,141,005 times
Reputation: 6195
"The Political Class"? A label Rasmussen made up -- "Political Class" and "Mainstream Americans" are the labels! Wow. That doesnt do much for Rasmussen's trustworthiness, seems to me.

He describes this Mainstream group as "Populist" -- used to be called that but people got "confused." Wul yeah, Populist? People? + -ist? That's Commie talk!
The questions used to calculate the Index are:

-- Generally speaking, when it comes to important national issues, whose judgment do you trust more - the American people or America’s political leaders?

-- Some people believe that the federal government has become a special interest group that looks out primarily for its own interests. Has the federal government become a special interest group?

-- Do government and big business often work together in ways that hurt consumers and investors?

To create a scale, each response earns a plus 1 for the populist answer, a minus 1 for the political class answer, and a 0 for not sure.

Those who score 2 or higher are considered a populist or part of the Mainstream. Those who score -2 or lower are considered to be aligned with the Political Class. Those who score +1 or -1 are considered leaners in one direction or the other.

In practical terms, if someone is classified with the Mainstream, they agree with the Mainstream view on at least two of the three questions and don’t agree with the Political Class on any.
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