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Old 04-11-2020, 03:53 PM
 
Location: Gilbert, Arizona
2,940 posts, read 1,814,660 times
Reputation: 1940

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Quote:
Originally Posted by beach43ofus View Post
yeah, Team Red is 100% of the problem. Team Blue had nothing to do with sending all our great jobs elsewhere. Take look who inititated the China NTR and China WTO membership pushes. Who signed NAFTA...not team Red.

BOTH parties are guilty of crushing the 99%, we could be here for an eternity debating on which Team has done more, or are doing more to destroy us.

The top 1% controls 40% of the wealth, and Government takes 38% of every GDP dollar. Together, they cotrol 78%, and its growing rapidly.

Our stupid Red vs. Blue tiffs are debates over the ever-shrinking remaining 22%... bread crumbs.

They are dividing on conquering us, and you've fallen for it. Come together, or die. Next year, it will be down to 21%.
Free trade benefits both economies, this is a basic macroeconomics 101 lesson. Nothing wrong with free trade. Isolationism doesn't work.

The problem is, nobody has the political will to push back on corporate America's interests. The taxation system right now rewards investors and wealth owners - not the workers. Executives and CEOs will get away with as much of it as possible obviously. Shipping jobs overseas, stock buybacks, etc.. you name it meanwhile regular Joe has been fighting for a pay raise for the longest time and can't get it.

I'm thinking everyone is one or more of the following:
(1) Too stupid to realize what's happening,
(2) Too focused on starting pointless arguments to sow division (D vs R),
(3) Politically disengaged,
(4) Have other issues causing (3) which are more important to worry about
(5) Don't take politics as seriously as it should be taken.
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Old 04-11-2020, 03:59 PM
 
Location: Long Island
57,321 posts, read 26,245,816 times
Reputation: 15654
Quote:
Originally Posted by Loveshiscountry View Post
RIP? Reagan was the epitome of big government.

Reagan grew government by leaps and bounds. That lying POS tripled the debt in 8 years time. It took 30 years to do it before that. He was no conservative.

Two departments he said he'd get rid of, Interior and Education had their budgets double.

Federal entitlements cost $197.1 billion in 1981—and $477 billion in 1987.

The Tax Equity and Fiscal Responsibility Act of 1982. TEFRA—the largest tax increase in American history—was designed to raise $214.1 billion over five years.

In 1982 Reagan supported a five-cent-per-gallon gasoline tax and higher taxes on the trucking industry. Total increase: $5.5 billion a year.

During his eight years in office, Ronald Reagan increased federal spending by 53 percent, added a quarter of a million new civilian government employees, and escalated the War on Drugs, created the "drug czar's office".
Very true, both the deficit and big government grew under Reagan but his legend lives on.
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Old 04-11-2020, 04:04 PM
 
Location: Morrison, CO
34,240 posts, read 18,599,254 times
Reputation: 25810
Quote:
Originally Posted by Goodnight View Post
Very true, both the deficit and big government grew under Reagan but his legend lives on.


At least Reagan turned the economy around, and got people working again after that absolute disaster Carter where mortgage interest rates were 20%, and inflation and unemployment were off the charts.

Plus, Congress under EVERY President runs deficits and grows government and the debt. However, OBAMA, your Commie hero, ran up more DEBT than any other previous President COMBINED. Happy now?
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Old 04-11-2020, 04:06 PM
 
Location: Long Island
57,321 posts, read 26,245,816 times
Reputation: 15654
Quote:
Originally Posted by man4857 View Post
Free trade benefits both economies, this is a basic macroeconomics 101 lesson. Nothing wrong with free trade. Isolationism doesn't work.

The problem is, nobody has the political will to push back on corporate America's interests. The taxation system right now rewards investors and wealth owners - not the workers. Executives and CEOs will get away with as much of it as possible obviously. Shipping jobs overseas, stock buybacks, etc.. you name it meanwhile regular Joe has been fighting for a pay raise for the longest time and can't get it.

I'm thinking everyone is one or more of the following:
(1) Too stupid to realize what's happening,
(2) Too focused on starting pointless arguments to sow division (D vs R),
(3) Politically disengaged,
(4) Have other issues causing (3) which are more important to worry about
(5) Don't take politics as seriously as it should be taken.
Good points, corporate America owns the government and the courts while people make senseless partisan arguments. The middle class has been stagnant for 30 years while executives make 300 times the average worker yet here they are making arguments worried about socialism.


This pandemic has exposed some real weaknesses in our country, I see people waiting for miles on line at food banks in several cities. So much for the healthy economy.
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Old 04-11-2020, 04:09 PM
 
Location: Long Island
57,321 posts, read 26,245,816 times
Reputation: 15654
Quote:
Originally Posted by Pilot1 View Post
At least Reagan turned the economy around, and got people working again after that absolute disaster Carter where mortgage interest rates were 20%, and inflation and unemployment were off the charts.

Plus, Congress under EVERY President runs deficits and grows government and the debt. However, OBAMA, your Commie hero, ran up more DEBT than any other previous President COMBINED. Happy now?
How did Reagan turn the economy around.


Deficits didn't grow under Clinton he had a balanced budget, imagine that.
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Old 04-11-2020, 04:13 PM
 
Location: Morrison, CO
34,240 posts, read 18,599,254 times
Reputation: 25810
Quote:
Originally Posted by Goodnight View Post
How did Reagan turn the economy around.

Deficits didn't grow under Clinton he had a balanced budget, imagine that.

If you don't know that you are purposely lying to yourself, which is pathetic.
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Old 04-11-2020, 04:17 PM
 
8,104 posts, read 3,963,798 times
Reputation: 3070
Quote:
Originally Posted by illtaketwoplease View Post
most of the posters here are clueless as to what is happening behind the scenes in support of their standard of living. enjoy it while you can.
What standard of living is that where there are record numbers of homeless on the streets and healthcare can bankrupt a person over night unlike many other countries. I think you mean your standard of living.
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Old 04-11-2020, 04:25 PM
 
Location: Gilbert, Arizona
2,940 posts, read 1,814,660 times
Reputation: 1940
Quote:
Originally Posted by J746NEW View Post
What standard of living is that where there are record numbers of homeless on the streets and healthcare can bankrupt a person over night unlike many other countries. I think you mean your standard of living.
The USA is a country of 90% have nots and 10% have it mostly all. People just don't realize it or are unwilling to accept the truth.
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Old 04-11-2020, 04:31 PM
 
Location: Long Island
32,816 posts, read 19,500,230 times
Reputation: 9619
Quote:
Originally Posted by J746NEW View Post
Trickle down economics is a failure.
It is just as bad as handouts and socialism for the rich.
ok so trickle down is a failure in your opinion.....




but.... the trickle up poverty (cradle to grave nanny state) of the globalist liberals is a complete failure, it has never worked
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Old 04-11-2020, 04:36 PM
 
Location: Gilbert, Arizona
2,940 posts, read 1,814,660 times
Reputation: 1940
Quote:
Originally Posted by workingclasshero View Post
ok so trickle down is a failure in your opinion.....




but.... the trickle up poverty (cradle to grave nanny state) of the globalist liberals is a complete failure, it has never worked
So your solution is isolationism? That won't work either.

Companies pissed away with the tax cuts that was passed in 2017. Wages barely have gone up - in fact gone down when adjusted for inflation. There is no such thing as a "responsible" corporation in America. So either we slap them on the hand with very tough government policies or the status quo will continue.
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