Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
This only applies to the right wing? You can apply your post to the extreme end of either side of the political spectrum- it actually is extreme statism.
What I said does apply to right wing. The left wing is indeed opposite of that (opposed to hierarchy).
And this is why the GOP has lost nearly all intelligent people. They have either flocked to the Libertarian Party (or another alternative party) or the Democrats because of this astounding lack of logic.
The fact of the matter is that rich people don't create jobs. Lowering taxes on the rich does not create jobs. This is a PROVEN FACT. Yet you people continue to spout off at the mouth as if you know something. You don't. Study economics. Learn something before you embarrass yourself making such baseless statements.
The most "job growth" comes from government expansions. It's sad, but it's true. How did we get out of The Great Depression? Government jobs programs and military expansion...another jobs program. How did we get out of the post-Reagan recession? Tax increases which derailed the good Bush's reelection campaign. It sucks to hear, but taxes do have benefits. While I want my taxes to decrease, I also want my government to continue to do what it needs to do to maintain the standard of living we've grown accustomed to. The failing nations in Europe are the ones with the lowest taxes like Greece and Spain. The ones doing the best? The ones with the highest tax rates like those in Scandanavia.
How do men like Larry Ellison, Warren Buffet and Bill Gates accumulate such wealth if they're creating jobs with all that extra cash? Oh wait, they hoard the cash in their bank accounts and let it earn more in an hour than most Americans earn in a year. If Buffet truly cared about creating jobs, he could give 800,000 people jobs (assuming he has exactly 40 billion available) that pay $50,000 a year. Wouldn't that do a lot more for the economy than Warren sitting in Omaha as his net worth expands simply because it's there?
Let me break it down even more:
If your worth is $40,000,000,000 like Buffet or Gates, you can generally earn about 3.5% annually just in interest and dividends if you are investing safely. That's $1,400,000,000 a year in earnings from doing absolutely nothing. That's $3,835,616.44 per day (or, 28,000 jobs paying $50,000 a year are supported just from that daily interest). Each hour the earnings are $159,817.35. Every minute earns him $2,663.62. He earns $44.39 a second. From sitting on his behind. If the rich create so many jobs, how come they're able to earn enough money to provide thousands of jobs and yet they create none? The fact of the matter is that this whole "job creator" nonsense is based in absolutely no fact...
All this stuff sounds nice but it begs a question. If the rich are sitting on their money and watching it grow, how is it growing? Interest. Money you sit on doesn't grow. Interest comes from investments. Money you invest grows. Investment creates jobs.
On the right Statism relies on the wealthy in Government to pander to the wealthy "private sector aristocrats" and vice versa. On the Left the Wealthy ariostocrats are only in the Government.
Incorrect. The left wing prefers governance via a government that is elected by the people for the benefits of the society whereas aristocracy/monarchy and such defined as Ancien Regime, prefers hierarchy which is right wing. It is also why you would see the left defending government as an institution while the right wing bad mouths it. The opposite is true of aristocratic/plutocratic/oligarchic/monarchy set up.
Quote:
Originally Posted by BoomBen
How would you describe the Politburo? That was not a hierarchy?
No. Politburo was born to eliminate hierarchy (monarchy) during the Russian revolution. It was dissolved, however, by leaders seeking dictatorial powers and reinstated in name-only. Sort of like Nazis dissolved trade unions but replaced them with their own version where it was no longer about workers (who were a political enemy to the Nazi cause).
"Years of spending cuts?" When? We never saw any spending cuts when we lived in CA, and I don't seem to recall reading of any in the last 20 years. California's big problem is it's Democrat controlled state government, and lack of fiscal discipline. They have been over spending for many years.
Spending cuts, indeed! Show me.
Yup your right. Spending cuts, don't make me laugh here. The democratic controlled government, knows a lack of fiscal discipline. They have no problem as does our President, with over spending!
I will believe things, when they actually truly happen.
It makes me sick how those on the left talk about fairness and equality but throw their ideology out the window when it comes to the wealthy. If they really supported fairness we would all be paying the same rate and have the same deductions. Case in point, if there was a bill to tax blacks, woman, or homosexuals at a greater rate they would be in a uproar.
That person or party would be accused of targeting and discrimination but somehow it is justified to target the rich. If you are from the left and say you believe in fairness and equality but target the rich you are a big hypocrite.
Don't worry. American entrepreneurship can only be dead to the intellectually lazy or the ignorant. If one leaves, another will step up to take advantage of that opportunity.
That assumes a closed system. When one can leave the state (or the US), business will seek to conduct their activities with the lowest cost to produce the best product.
The flight of business from California confirms this. Witness other nations who have done the same (France, UK).
That assumes a closed system. When one can leave the state (or the US), business will seek to conduct their activities with the lowest cost to produce the best product.
The flight of business from California confirms this. Witness other nations who have done the same (France, UK).
Keep on raising those taxes and regulations
Apple is one example. All their development work used to be in CA and CA only.
But not anymore..they do embedded development work now in Austin.
And embedded is the mobile work.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
