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Old 08-14-2012, 03:39 PM
 
Location: Long Island
32,816 posts, read 19,365,703 times
Reputation: 9616

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Quote:
Originally Posted by 313Weather View Post
A couple of other FYIs for you to ponder on...

The tax rates in the US are the lowest in history. .
wrong

years ago when the rates were higher the EFFECTIVE rate on the basic person was much lower

our taxes today (all taxes combined) are very high

we have the highest coprorate tx rate in the world

the poor have a NEGITIVE tax rate

too many sucking on the fed/states tit
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Old 08-14-2012, 06:20 PM
 
Location: southern california
61,289 posts, read 87,117,353 times
Reputation: 55550
wolf is disappointing. 1/2 hour to wait for his solution. we already know economic history did not have to review with us b4 he gave his solution. what a waste. his solution has been tried and failed. workers are not very good factory managers. that is why they are on the assembly line and not in the exec office.
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Old 08-15-2012, 10:21 AM
 
3,566 posts, read 3,720,813 times
Reputation: 1364
Quote:
Originally Posted by 313Weather View Post
Oversimplifications.

The history of the US speaks for itself.

The reason you have a nice-sized home in the suburbs, are working in a safe/clean environment with fair wages working reasonable hours, your children can get an education for (practically) free, you can call the police/fire/ambulance for (practically) free, you can drive those highways to nowhere to your job, you have a safety net when you fall on hard times, etc. is a result of liberal policies.

You and others should try familiarizing yourselves with the history of this country.
You're right. The history of the U.S. speaks for itself. Free market economics, not Marxism, made this the greatest country in history. On the other hand, sift through the dustbin of history and find the detritus wrought by Marxism, including the Soviet Union.
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Old 08-15-2012, 10:33 AM
 
667 posts, read 513,620 times
Reputation: 192
Quote:
Originally Posted by 313Weather View Post
Oversimplifications.

The history of the US speaks for itself.

The reason you have a nice-sized home in the suburbs, are working in a safe/clean environment with fair wages working reasonable hours, your children can get an education for (practically) free, you can call the police/fire/ambulance for (practically) free, you can drive those highways to nowhere to your job, you have a safety net when you fall on hard times, etc. is a result of liberal policies.

You and others should try familiarizing yourselves with the history of this country.
Perhaps you should take off the blinders.

You should not succeed by being given things but rather by earning things. The truth is that I don't need liberalism to be successful.

Here is an economics lesson you should have learned in high school: There is no such thing as a "free" lunch.

What you considered free is funded by taxes. That may be "free" to you if you don't pay those taxes but they are not free.
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Old 08-15-2012, 12:38 PM
 
4,278 posts, read 5,158,363 times
Reputation: 2375
Typical Liberal that never worked a day in the private sector. He attacks the founder of Walmart who accomplished more in life that this guy could ever dream doing. It is a failure in government and not a failure in capitalism.
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Old 08-15-2012, 01:08 PM
 
Location: Londonderry, NH
41,478 posts, read 59,556,521 times
Reputation: 24857
The Founder of Wall-mart worked to destroy a distribution monopoly. His heirs hired managers that turned Wall-mart into another monopoly. What really died was Main Street all over the country. The government and taxation had nothing to do with this parody of Free Market Capitalism. Now Wall-mart is competing with itself by starting super Wall marts to take customers away from regular wall-marts. How long is that going to fly?

The bankers and financiers wanted everyone to have a mortgage. Then they blamed the government when just about everyone did have a mortgage including people without a hope of paying it off. The financiers that got in at the beginning made billions and then got out before the inevitable crash. These wise men left everyone else holding assets worth less than they paid for them with borrowed money. Then the losers blamed the government for letting them invest in a housing mortgage bubble. That takes nerve and a huge amount of self delusion.

I am a very left wing liberal and I believe Capitalism works every time the Capitalists let it work. Most of the time they work very hard at preventing the existence of a really free market because free markets are risky and managers are trained and paid to avoid risk.
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Old 08-15-2012, 04:17 PM
 
Location: The Republic of Texas
78,866 posts, read 46,355,644 times
Reputation: 18520
Quote:
Originally Posted by juggerburn View Post
The film is 1:44 minutes long but you really only have to watch up until the 36 minute mark when the q and a portion starts. So anyway, he goes through the time line of the American economy starting from the late 19th century and explains why government deregulation has allowed corporations to run wild. He even points out the specific problem and offers a solution. After watching this video, you truly begin to understand why people had more buying power in the past than today and it tackles the problem that everyone makes excuses for.

Here is the link to the video.
Capitalism Hits the Fan Film Screening and Q&A with Professor Richard Wolff | The New School - YouTube

A communist.

Need we say more?
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