Collapse:jmog;1777300 wrote:Did I say in 2014? I know you like to twist people's words, but I was talking about the economic collapse that they had to get bailed out of a few years ago.
jmog;1777289 wrote:You have already seen the result. Less hours and kiosks doing what a cashier does. How is that helping the workers? Come on Zwick, they were told this would happen, said "no it won't" and in Cities where min wage has been raised workers are replaced with machines.
That and/or the cost of living has gone up (prices for Chipotle, etc) to cover the higher wages. So, what did those workers gain? Either they lost their job, get less hours, or the prices for most things in their area went up.
Basic econimics told politicians this would happen and it did.
Our discussion was around the notion that one need not cut spending when one cuts taxes because no deficit will result. He is wrong - as always. But in any case, it did not increase revenue.jmog;1777302 wrote:Be intellectually honest BS. He said revenues, you post a graph about deficits.
It it is well documented that Raegan wanted spending cuts to go with the tax cuts. The D held Congress promised spending cuts would come later. They never came.
https://www.treasury.gov/resource-center/tax-policy/tax-analysis/Documents/ota81.pdfthe Office of Tax Analysis estimates that the act lowered federal income tax revenue by 13% relative to where it would have been in the bill's absence
BoatShoes;1777313 wrote:Collapse:
A verb which means to break down; come to nothing; fail.
The European Union has never gone through anything remotely close to a collapse. Greece and Spain are going through tough times and that is because of the EURO more than anything.
You're incorrect - again. Latvia, Poland, Ireland and Ireland are less "socialist" than Germany. Germany has a social market economy similar to the social democracies of Scandinavia.jmog;1777299 wrote:Germany's economy is not nearly as socialist as the others. Compared to the rest of the European Union Germany is a staunch capitalist nation, even if they are more socialist than the US. So yes, the most capitalist company in the union had to bail out he more socialist ones.
BoatShoes;1777319 wrote:Our discussion was around the notion that one need not cut spending when one cuts taxes because no deficit will result. He is wrong - as always. But in any case, it did not increase revenue.
https://www.treasury.gov/resource-center/tax-policy/tax-analysis/Documents/ota81.pdf
not to mention that Congress was not held by Democrats. The Senate was under the control of the Republican party and many of the Democrats in the house were conservative southerners who would be Republicans today e.g. Georgia, Texas, Alabama and Mississippi all had a majority Democratic delegation.
STAHP! you believe Noah's Ark was real and that dinosaurs were on it and that is what you tell your kids. You ain't gotzta play coy.jmog;1777298 wrote:Stating Noah's ark was a possibility and not precluded by science is not the same as saying it was a historical fact. Given the fact that if it did happen written language did not exist at the time you are 100% wrong, it is NOT a history discussion, it is a science/archaeology discussion. History discussions can only be had on things that have been written down by historians. Hard to write something down that happened or didn't happen before written language existed.
Canada just elected someone, as in recently. Give them time, they will either fail financially like all other socialist nations have or they will become the first that doesn't. Stating someone was JUST elected doesn't disprove history as there has not been time yet to see the results. Greece, USSR, Italy, Spain, all recent socialist economies that failed miserably, and you want to point to a just elected Canadian official? You can't be serious.
Sigh...tax revenue will go up in nominal dollars every year because the economy grows just as it has also done in the Obama years. At least I am enjoying this entertainment on this boring work day.QuakerOats;1777325 wrote:You post a lot of charts; too bad you can't read one. how about just looking at two numbers and comparing them:
Receipts 1980 > $517 billion
Receipts 1990 > $1,032 billion
This is a 100% increase.
During this time” the U.S. economy grew by more than one-third in real terms (34.3%), much faster than the 24.3% rate expected even by economists within the Reagan administration. Thus, by the time President Reagan left office, the economy was generating more tax revenue at a maximum 28% rate than many on the left forecast it to generate at a maximum 70% rate.”
Spin that.
Income was taxed at 28% but so was investment income which is bad. Rubio's plan for instance leaves additions to savings tax free and thereby makes his tax plan ultimately a consumption tax.QuakerOats;1777325 wrote:During this time” the U.S. economy grew by more than one-third in real terms (34.3%), much faster than the 24.3% rate expected even by economists within the Reagan administration. Thus, by the time President Reagan left office, the economy was generating more tax revenue at a maximum 28% rate than many on the left forecast it to generate at a maximum 70% rate.”
"...the U.S. economy grew by more than one-third in real terms (34.3%), much faster than the 24.3% rate expected even by economists within the Reagan administration. Thus, by the time President Reagan left office, the economy was generating more tax revenue at a maximum 28% rate than many on the left forecast it to generate at a maximum 70% rate.”BoatShoes;1777335 wrote:Can't accept reality but .........................
I'm going to guess that you've never spent any time in Greece of Spain, probably never worked closely with people there. If you had, I doubt you'd parrot the tired BS of your right wing windbags and make ignorant generalizations about entire nations.QuakerOats;1777320 wrote:No; it is because they want to lounge around all week and hope someone else pays for their lack of production.
I find it very interesting that Germany is ranked #1. My wife is German and she wants us to move to Germany. We were looking into it, and in my field I would have to take a 40% pay cut and then I would be in a 54% income tax bracket. Housing is more expensive. Most people rent because they can't afford to buy. Cars are much more expensive. Fuel is much much more expensive. Clothes and groceries are much more expensive. They pay a 19% vat on everything. It just didn't make sense.BoatShoes;1777237 wrote: In fact, as Drudge linked to the other day...Canada (along with Germany and the United Kingdom - both of which have much more socialized healthcare systems than the United States) was ranked higher than the United States in the list of "Best Countries in the World"
https://www.washingtonpost.com/news/worldviews/wp/2016/01/20/these-are-the-worlds-best-countries-sorry-america-youre-number-4/
This strategy is not merely a Republican one either. This is politics in America in 2016 and it's been that way for a while now.Dr Winston O'Boogie;1777342 wrote:I'm going to guess that you've never spent any time in Greece of Spain, probably never worked closely with people there. If you had, I doubt you'd parrot the tired BS of your right wing windbags and make ignorant generalizations about entire nations.
I'll give Rush and friends credit for one thing. They saw an entire army of ignorant people like you who were waiting to be spoon fed emotional story lines. The play is: simplify an issue or create one out of nothing, blame someone for it, cast "us" on the side of good and "them" on the side of evil, blame some more. It works for grade school boys and ditto heads like you.
Dr Winston O'Boogie;1777342 wrote:I'm going to guess that you've never spent any time in Greece of Spain, probably never worked closely with people there. If you had, I doubt you'd parrot the tired BS of your right wing windbags and make ignorant generalizations about entire nations.
I'll give Rush and friends credit for one thing. They saw an entire army of ignorant people like you who were waiting to be spoon fed emotional story lines. The play is: simplify an issue or create one out of nothing, blame someone for it, cast "us" on the side of good and "them" on the side of evil, blame some more. It works for grade school boys and ditto heads like you.
I don't parrot anyone. I was merely pointing out your making generalizations about whole nations - a sign of intellectual weakness. I have spent time personally and professionally in both places. Never did I come to the conclusion that "they want to lounge around all week and hope someone else pays for their lack of production."QuakerOats;1777359 wrote:Greek unemployment - 25%
Greek youth unemployment - 48%
I deal in facts; you parrot the liberals who want to blame problems they create on guys like Rush Limbaugh. Hilarious.
You're right about that. And Rush is successful because he's really good at what he does. I will never argue that.sleeper;1777350 wrote:This strategy is not merely a Republican one either. This is politics in America in 2016 and it's been that way for a while now.
The USSR collapsed due to the economy. Greece and Spain would have if not for the huge bailout and still went through a recession that made ours of 2009 look like a cake walk. You can play semantics and blame a currency all you want, their economies collapsed and they had to be bailed out.BoatShoes;1777313 wrote:Collapse:
A verb which means to break down; come to nothing; fail.
The European Union has never gone through anything remotely close to a collapse. Greece and Spain are going through tough times and that is because of the EURO more than anything.
QuakerOats;1777320 wrote:No; it is because they want to lounge around all week and hope someone else pays for their lack of production.
BoatShoes;1777327 wrote:STAHP! you believe Noah's Ark was real and that dinosaurs were on it and that is what you tell your kids. You ain't gotzta play coy.
Canada has had some form of Single-Payer since 1966. No sign of collapse. Hope that helps.
NoDr Winston O'Boogie;1777365 wrote:It just struck me - are you a scientologist? You use their lingo. I remember watching a tape of this nut job woman defending the scientology building in Clearwater, FL. She was going on and on about "your production" and "someone else's production". It was funny and weird. You sound like that.
Dr Winston O'Boogie;1777362 wrote:I don't parrot anyone. I was merely pointing out your making generalizations about whole nations - a sign of intellectual weakness. I have spent time personally and professionally in both places. Never did I come to the conclusion that "they want to lounge around all week and hope someone else pays for their lack of production."
You make a judgement with no contextual understanding from your parochial viewpoint in Ohio, USA.
