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What I don't quite understand is why employers will give everyone a $4,000 wage increase when there is no impetus to do so, that's never happened in the past.
And it never will. That stupid, stupid idea is what happens when people internalize their own BS - in this case, "trickle-down" economy.
Yes its one proposal, and its not official as no final bill exists, however that doesn't mean we shouldn't discuss the proposals that are under consideration or have been released.
But if we can suspend belief for the first 3 or 4 years the plan is in effect we will get a $4,000 wage boost
What I don't quite understand is why employers will give everyone a $4,000 wage increase when there is no impetus to do so, that's never happened in the past. Employers increase salaries when they need to in order to recruit and retain workers, nothing in this conservative wet dream of a tax plan that I can see will increase consumer demand for goods and services. For my husband and I, the extra $1500-$2000 we will have to pay in taxes will mean that much less spending for us.
and yet everyday liberals on here(CD) will say if we go to singleplayer and get healthcare out from under the employers, that everyone will get a raise, because employers no longer have that bill, and that the employee will need the extra money for the healthcare, and they WILL get it(aka trickledown works)
so if I am reading this correctly...the two-faced liberals are saying trickle-down will work by taking the cost(healthcare) off employers, but it wont work by taking the other cost(taxes) off employers......why the two sets of glasses?
and yet everyday liberals on here(CD) will say if we go to singleplayer and get healthcare out from under the employers, that everyone will get a raise, because employers no longer have that bill, and that the employee will need the extra money for the healthcare, and they WILL get it(aka trickledown works)
so if I am reading this correctly...the two-faced liberals are saying trickle-down will work by taking the cost(healthcare) off employers, but it wont work by taking the other cost(taxes) off employers......why the two sets of glasses?
Corporate contribution to healthcare is already a cost on the balance sheet. I have no doubt that corporate America will try to score that as a windfall, it'll take legislation to keep that from happening. <shrug> So be it.
Defense spending is the one legitimate budget item of the Federal Government. The Constitution says one of the purposes of the Federal Government is to "provide for the common defense." We could argue about how much is needed, but it is my view that we should have the best trained, most powerful military, and the best weapons, including ships and aircraft, that money and technology can provide. "Peace through strength" is an undeniable truth.
Ok, so China's spending is about 140 bil, Russia - 70 or so, so how about we go from 800 bil to, say 200-300 bil, sounds good?
I just found a lot of money for paying down the debt, maybe even tax cuts that are paid for, for a change.
Ok, so China's spending is about 140 bil, Russia - 70 or so, so how about we go from 800 bil to, say 200-300 bil, sounds good?
I just found a lot of money for paying down the debt, maybe even tax cuts that are paid for, for a change.
the defense budget is smaller than its been in many years
...our military spending is right in line with everyone else
our CURRENT defense budget is only 3.3% of our GNP....china spends 4.1% of its gdp on military.......right in comparison with the rest of the world at 2-6%
france's defense budget is 55 billion euro...while their gdp is about 1.4 trillion (3.9%).....our spending is less than 600 billion with a gdp of 18+ trillion(3.3%).....so france actually spends MORE as a percentage of their gdp
defense spending as a % of GDP puts us at #29 meaning 28 other countries spend MORE than us on their military as a percent of their gdp
we spend LESS now than we did 30 years ago(adjusted for inflation) as a percent of our GDP
It's a stupid suggestion both in appearance that the middle class is being screwed while the wealthy are getting cuts, and because it will disincentivize middle class saving.
But that is not the reason this proposal does not have a chance in hell of passing.
Wall Street is against it. Cabinet full of swamp creatures and case closed.
the defense budget is smaller than its been in many years
...our military spending is right in line with everyone else
our CURRENT defense budget is only 3.3% of our GNP....china spends 4.1% of its gdp on military.......right in comparison with the rest of the world at 2-6%
france's defense budget is 55 billion euro...while their gdp is about 1.4 trillion (3.9%).....our spending is less than 600 billion with a gdp of 18+ trillion(3.3%).....so france actually spends MORE as a percentage of their gdp
defense spending as a % of GDP puts us at #29 meaning 28 other countries spend MORE than us on their military as a percent of their gdp
we spend LESS now than we did 30 years ago(adjusted for inflation) as a percent of our GDP
Our spending is not 600 bill. Also, military is one area that absolute size matters not relative to gdp. You can have tiny country spending 100percent if gdp, is not going to make them a threat.
I do not care if we spend less than some time ago. We don't need it and can't afford it. Last time I checked the debt is 20 trillion.
According to the boys and girls over at the IRS, the average annual deferral is $1876, and the majority defer less than $2400. Looking further, it’s the upper middle class who contribute the most. The income band over 50 that defers the max and the catch-up contribution is skewed to the top. Tell me again how this hurts most Americans?
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