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Old 09-21-2011, 11:41 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,442,508 times
Reputation: 6465

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Quote:
Originally Posted by lifelongMOgal View Post
^^^What a disgusting post.^^^

If you cannot see that Obama is crashing both the economy and the currency for his pals Soros, Immelt, Buffett,(who al stand to profit greatly via their hedge funds betting against the US) et al... I cannot help you. We are in for some very hard times indeed. It is not a right thing or a left thing the fact is it is the central planning statists vs. anyone who is not part of the global elite.

Seriously, pull your head out and wake up.

I so agree with you. And you mean pull your head ouf of the sand.
Oopsssssssssssssssss for some their head has been in the sand much too long.

How can anyone not see what Obama is doing, what? do they not live in the real world.
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Old 09-21-2011, 11:50 PM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by Joy74 View Post
Poverty is truly the elephant in the room...
^^^^^^bad pun alert^^^^^^
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Old 09-21-2011, 11:59 PM
 
33,016 posts, read 27,455,098 times
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Quote:
Originally Posted by lifelongMOgal View Post
Re-elect Obama and you'll get more poverty, not less.

If you tax poverty, you will get less of it, according to Ronald Reagan.
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Old 09-22-2011, 12:15 AM
 
33,016 posts, read 27,455,098 times
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Quote:
Originally Posted by Jay F View Post
and many of those poverty stricken in red states vote Democrat and for the same policies and politicians that keep them and their children in a lifetime cycle of poverty.

Exit polls find that in red states the rich and middle class vote Rep and the poor vote Dem. The difference is that in blue states the rich and middle class join the poor in voting Democrat...although I expect that to change to some degree in 2012.

You might recall the cliche that all politics is local. It is a sad reality that in most areas, most Republicans support regressive taxes.

I once lived in a state where the Republican leadership and the Republican legislators and the average Republican voters never met a regressive tax they didn't like. This drove me to vote Democrat until the Democrat legislators tossed the poor under the bus on a tax issue, then I started voting Libertarian.

Now I live in a different state where Republicans generally are just as averse to regressive taxes as they are to progressive taxes, and here I don't have a problem voting Republican.

Red states often have regressive tax structures and political climates which are resistant to tax reform...such as Alabama which laughingly rejected Governor Bob Riley's attempt to make its taxes less regressive.
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Old 09-22-2011, 12:18 AM
 
69,368 posts, read 64,101,577 times
Reputation: 9383
Quote:
Originally Posted by BigCityDreamer View Post
The current POTUS has absolutely nothing to do with the condition of this country right now. No sirree.
The current president passed a stimulus bill which boosted poverty to new record levels. When you do things like increase food stamps by $300B, you encourage people to stay in poverty, not help them out of it.
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Old 09-22-2011, 12:22 AM
 
Location: NJ
18,665 posts, read 19,968,512 times
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pghquest, With 5.5 unemployed per available job, what is the true alternative? The 8 million jobs cut (4 mill under both GW and BO) not EVER coming back, no dotcom, no Y2k hiring surge, this 9% unemp, 16% U6 rate will NOT change for DECADES..no matter who we elect. We would have a few hundred billion less debt w/o stimulus, but it would not affect unemployment either way.

Economically, the USA is done for our lifetimes.
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Old 09-22-2011, 12:23 AM
 
69,368 posts, read 64,101,577 times
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Quote:
Originally Posted by lucknow View Post
I took a little car drive yesterday over the river to Niagara Falls NY. I tell you that the culture shock is similar to what I feel when I get off the plane in the Dominican Republic. Poverty everywhere. The city falling into rack and ruin. It's just horrible. Back across the river, here in Niagara Falls On. we have a beautiful city with almost zero visable poverty. Sure there are poor folks but not too many. Why is that the case? Americans are alway talking about how rich and how great their country is but I think it's a sham and an illusion. Tell me if you can why the living conditions of two cities devided by a river are are like night and day? If America was one tenth as great as people think then the living conditions in Niagara Falls NY would be at least as good if not better than in Niagara Falls On.
You have a great country there that is going to rack and ruin because there is no one who is competent enough to stop and then reverse America's slide into the ditch. That slide seems to becomming a crash into the ditch.
The cause should be obvious in Niagaraga Falls. In Canada, they encouraged economic devlopment, but on the NY side, they havent. Things like the casino, the amusement park etc all encourage people to travel over into Canada to spend their money. Canada even has a better view. Why would you stay on the NY side and spend money when the view is better in Canada?
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Old 09-22-2011, 12:23 AM
 
12,669 posts, read 20,445,519 times
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Quote:
Originally Posted by alphamale View Post
Right when the dems took over the congress!
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Old 09-22-2011, 12:25 AM
 
Location: NJ
18,665 posts, read 19,968,512 times
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"Things like the casino, the amusement park etc all encourage people to travel over into Canada to spend their money."

LOL! That is how one spends GDP created, not creates it. Making stuff, or mining it are the sole ways to create GDP. Service industries feed off of industries that CREATE wealth.
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Old 09-22-2011, 12:27 AM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by pghquest View Post
The current president passed a stimulus bill which boosted poverty to new record levels. When you do things like increase food stamps by $300B, you encourage people to stay in poverty, not help them out of it.

I've heard some people say that the Earned Income Tax Credit encourages people to stay in poverty. I thought it encouraged people to work. (Well, up to a point at least.)

Which is it?
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