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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Kirkland Laing
You don't need to. Redistributing national income more equitably means you get a balanced stable economy with no huge economic creshes, mass unemployment etc.
And gumdrop houses and unicorn princesses and rainbows as faaaaar as the eye can see
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Kirkland Laing
You don't need to. Redistributing national income more equitably means you get a balanced stable economy with no huge economic creshes, mass unemployment etc.
And gumdrop houses and unicorn princesses and rainbows as faaaaar as the eye can see
The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Kirkland Laing
The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.
OK so incredibly high taxation CAUSED growth....ok, that works for me :rolleyes:
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Kirkland Laing
The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.
OK so incredibly high taxation CAUSED growth....ok, that works for me :rolleyes:
Can you explain your objection to the superrich paying in a progressive taxation system without using loopholes to end up paying proportionally less than people on far lower incomes?
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Kirkland Laing
The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.
OK so incredibly high taxation CAUSED growth....ok, that works for me :rolleyes:
Can you explain your objection to the superrich paying in a progressive taxation system without using loopholes to end up paying proportionally less than people on far lower incomes?
I don't know, can you defend lazy assholes abusing welfare and disability funds supplied by taxes from the aforementioned "superrich"?
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Kirkland Laing
The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.
OK so incredibly high taxation CAUSED growth....ok, that works for me :rolleyes:
Can you explain your objection to the superrich paying in a progressive taxation system without using loopholes to end up paying proportionally less than people on far lower incomes?
I don't know, can you defend lazy assholes abusing welfare and disability funds supplied by taxes from the aforementioned "superrich"?
The impact of the welfare recipients, is infinitely tiny compared to the impact made by the super rich. The rich in any society have an obligation to pay more. It's a progressive taxation system. Nobody is making them poor and in fact they aren't even paying their share anyway as they hide their money.
The debt of your country is so high because of the elite and they are handing money over to the elite. You could give every unemployed person 100,000 dollars for that, or wipe out student debt and give a cash incentive to look for a job. Instead, they gave it to banks who sat on the money and swapped it with the government.
If you really wanted people to spend and stimulate an economy, you should have instead have given free money to the people who have less. At least they would have bought things and put it in the economy. The US showed it's true colours.
The goal is money printing, inflation, and the erasing of debt all at the expense of the middle classes. The rich are protected as they are rich and have handouts, the poor are safe as they had nothing and get handouts, the victims are the middle classes; they are getting gauged to pay for all the shoddy crooks.
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Re: US inequality of wealth....shocking statistics
We HAVE "Progressive taxation" you dolt! And what does it do?
You know why the liberals love taxes? Because they don't fucking pay taxes!
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Re: US inequality of wealth....shocking statistics
Of course, but less progressive than in the past.
Liberals....no idea what that means in your language. But the middle classes pay their heavy share and are being eradicated. It hasn't been enough to destroy entire countries, but you had to turn upon your own populace too. It will be a disaster. This year or next, your economy will tank and of course bring the world down with it. Or else Japan gets there first. Or Britain. They are all on the same path.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Gandalf
Of course, but less progressive than in the past.
When the government treats MY MONEY with some fucking respect maybe then I won't care about how high taxes are.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Gandalf
Of course, but less progressive than in the past.
When the government treats MY MONEY with some fucking respect maybe then I won't care about how high taxes are.
What is treating your money with respect?
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Gandalf
Of course, but less progressive than in the past.
When the government treats MY MONEY with some fucking respect maybe then I won't care about how high taxes are.
What is treating your money with respect?
Not this...
Debt Up $6.666 Trillion Under Obama | CNS News
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Gandalf
Of course, but less progressive than in the past.
When the government treats MY MONEY with some fucking respect maybe then I won't care about how high taxes are.
What is treating your money with respect?
Not this...
Debt Up $6.666 Trillion Under Obama | CNS News
True.
QE, ZIRP, and the other fancy big letters are a mafia hit upon your economy. Britain, the US and Japan, are in quicksand and they carry on printing grains of sand. It's just crminal. They are getting away with it. For now. Their systems are unsustainable. Broke and bubbling their ways to new brokeness.
The sooner the world dumps these nations and their fraud currencies, the world can move on from this. They have ripped up the economic rulebook and are now making it up as they go along with the printing and zero interest rates. It won't end well.
Inflation is far higher than they are letting on already, it will run riot. It won't end well for anyone. All you can do is hedge your bets.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Kirkland Laing
The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.
OK so incredibly high taxation CAUSED growth....ok, that works for me :rolleyes:
I didn't say it did. I'm saying that it clearly doesn't prevent economic growth. It does prevent unstable economies and volatility in financial markets, the situation we find ourselves in now.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Gandalf
Of course, but less progressive than in the past.
When the government treats MY MONEY with some fucking respect maybe then I won't care about how high taxes are.
What is treating your money with respect?
Not this...
Debt Up $6.666 Trillion Under Obama | CNS News
Which President treated YOUR dad's money with respect?
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Re: US inequality of wealth....shocking statistics
No, no, no, you implied that "progressive taxation" AIDED economic growth. It in fact does NOT...JFK lowered taxes on the wealthy saying "A rising tide floats all boats" was that evil of him? LBJ started many socialist programs that we all know you love like "The War on Poverty"...and to date there are more people in poverty than before...but the hits don't stop there with the progressive communist liberal democrats you love to ass kiss so much, how's about God King Barack Obama's namesake "Obamacare" which the CBO just said de-incentivized people to work and although it was created to get 30 million people without health insurance covered with health insurance in 10 years 30 million people would still not be covered by the panacea that is Obamacare
Quote:
Originally Posted by
Kirkland Laing
Which President treated YOUR dad's money with respect?
Oh you capitalized "YOUR" ....don't you know that's.....racist?
Hey everyone, Kirkland is racist, he's capitalizing shit!!!! Or does that only look good to you when you post it pussy?
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
No, no, no, you implied that "progressive taxation" AIDED economic growth. It in fact does NOT...JFK lowered taxes on the wealthy saying "A rising tide floats all boats" was that evil of him? LBJ started many socialist programs that we all know you love like "The War on Poverty"...and to date there are more people in poverty than before...but the hits don't stop there with the progressive communist liberal democrats you love to ass kiss so much, how's about God King Barack Obama's namesake "Obamacare" which the CBO just said de-incentivized people to work and although it was created to get 30 million people without health insurance covered with health insurance in 10 years 30 million people would still not be covered by the panacea that is Obamacare
Quote:
Originally Posted by
Kirkland Laing
Which President treated YOUR dad's money with respect?
Oh you capitalized "YOUR" ....don't you know that's.....racist?
Hey everyone, Kirkland is racist, he's capitalizing shit!!!! Or does that only look good to you when you post it pussy?
This is just a giant word salad. If you manage to post a coherent argument I'll reply to it.
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Re: US inequality of wealth....shocking statistics
Alright Cunty McCunterson, how's about you explain how Obamacare deincentivizing people going to work is going to "fix" this wealth gap issue you seem to be so fucking worried about?
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Re: US inequality of wealth....shocking statistics
Teen unemployment 21%, black teen unemployment 38%....that's got to be great for "income disparity" eh comrade?
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You can't put a giant word salad on toast.Jam on the other hand is great on toast. Jam toasts companion and friend like a long term gay couple without a dog.Jam.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Greenbeanz
You can't put a giant word salad on toast.Jam on the other hand is great on toast. Jam toasts companion and friend like a long term gay couple without a dog.Jam.
Brockton???
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Greenbeanz
You can't put a giant word salad on toast.Jam on the other hand is great on toast. Jam toasts companion and friend like a long term gay couple without a dog.Jam.
Brockton???
Green is obsessed with toast in all of his posts. :)
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Alright Cunty McCunterson, how's about you explain how Obamacare deincentivizing people going to work is going to "fix" this wealth gap issue you seem to be so fucking worried about?
Lots more people will have health care. The difference between being covered when you have a medical emergency and losing what little you have obviously is the singlemost thing that can be done to narrow the wealth gap. There'll still be about 50 million Americans, mostly working poor, with zero health coverage but Obamacare is better than nothing.
People are disincentivised to work because once they go over a certain amount of earnings they fail to qualify for Obamacare. So they'll stay under a certain earnings threshold by cutting some hours, and most of these people we're talking about second or third low-paid jobs. So Obamacare will create vacancies for lots of low-paying part-time jobs. Unfortunately in modern-day America employers will have no problem finding replacements and for the replacements at least their new second or third jobs will help brisge their individual wealth inequality gap.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Teen unemployment 21%, black teen unemployment 38%....that's got to be great for "income disparity" eh comrade?
It's good to see you so concerned about those black teens Lyle. Obama hasn't done nearly as much as he could do for unemployed people but that's partly due to the fact that everything he's tried has been blocked by the GOP. The GOP are currently blocking the continued payment of unemployment benefits to all the people their policies were making unemployed at the rate of nearly a million people a month when Obama took office.
http://press.take88.com/wp-content/u...t_02052010.jpg
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Kirkland Laing
People are disincentivised to work because once they go over a certain amount of earnings they fail to qualify for Obamacare.
They would fail to qualify for SUBSIDIES not "Obamacare"....how that would decrease an INCOME or WEALTH gap is beyond me. I am happy that you believe people will leave their jobs flipping burgers at minimum wage and magically make millions of dollars, but it's not going to happen that way....in fact some citizens STILL won't be covered by any kind of healthcare, but heck it's only the CBO that says that.
Quote:
Originally Posted by
Kirkland Laing
It's good to see you so concerned about those black teens Lyle. Obama hasn't done nearly as much as he could do for unemployed people but that's partly due to the fact that everything he's tried has been blocked by the GOP. The GOP are currently blocking the continued payment of unemployment benefits to all the people their policies were making unemployed at the rate of nearly a million people a month when Obama took office.
http://press.take88.com/wp-content/u...t_02052010.jpg
Yes blocked by the GOP. Why who knew the GOP could be so fucking powerful when they only held 1 house of Congress. You are fucking pathetic, "He could have done more without the GOP" oh I'm sorry I thought President Obama was going to be Mr. "Bring Both Parties together" I thought he was going to HAPPILY reach across the isle and get deals done........but when President Obama HIMSELF (ooooh capitalized words, hear that dog whistle yet?) says he "Will NOT compromise" and he "will NOT negotiate" well I guess he's showing what a true leader is right? W worked with the democrats a lot more than Barry has worked with the GOP but that's probably because racism you know....not because he's just trying to get his way all the time and being petulant about it. No wonder YOU like him.
And I worry about unemployment especially among at risk teens because if there are more teens who are unemployed then the likelihood they fall into ooooh I don't know some kind of gang activity increases and crime is a burden on society not something that drives an economy.
Yeah Obama is really growing the economy at a frightening pace isn't he? :rolleyes: Does that water you tote for Barry ever get heavy?
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Re: US inequality of wealth....shocking statistics
If you've got no health insurance but then you've suddenly got insurance you're effectively a lot wealthier.
The GOP have been blocking everything Obama has tried to do since he took office.
McConnell The Master | New Republic
The New New Deal: Why the GOP Became the Party of No | TIME.com
You only need to hold one house to block everything you want to block, other than crucial things like the debt limit where the GOP just caved again today thankfully.
Now Obama hasn't been able to do very much due to obstructionism but he could at least have been talking about what he wanted to do to try and explain to the public why the economy is so fucked up right now. He didn't do it in his first term to avoid being painted as a socialist, he was like every first term prez primarily concerned with getting re-elected. Now he can start to talk about it even if he can't do anything about it, hopefully he'll keep talking about inequality.
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Re: US inequality of wealth....shocking statistics
Obama hasn't been able to do much???? Executive Orders anyone? He's rolled out Obamacare in an unconstitutional way.
Sing yourself another lullaby baby kirkland
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Obama hasn't been able to do much???? Executive Orders anyone? He's rolled out Obamacare in an unconstitutional way.
Sing yourself another lullaby baby kirkland
Ah right, so you now want him to turn into a socialist dictator and unilaterally decide to overrule both houses of congress and the judiciary and borrow trillions of dollars to put Americans back to work, effectively re-regulate the financial sector, massively raise taxes on top earners and corporations etc etc. I can only guess what you'd be saying if he'd attempted something like that.
Obamacare hasn't been done unconstitutionally.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Kirkland Laing
Ah right, so you now want him to turn into a socialist dictator and unilaterally decide to overrule both houses of congress and the judiciary and borrow trillions of dollars to put Americans back to work, effectively re-regulate the financial sector, massively raise taxes on top earners and corporations etc etc. I can only guess what you'd be saying if he'd attempted something like that.
Obamacare hasn't been done unconstitutionally.
He doesn't have to "turn into" a socialist dictator, I'm telling you that's what he is.
The random changes to when Obamare is to be the law of the land is unconstitutional.
The House and Senate passed The Affordable Care Act and Obama signed off on it to make it law....the changes made to it were NOT the agreed upon legislation, the delays enforced were NOT agreed upon in the passing of the bill and have only been brought about because it's politically advantageous to Democrats at risk to not have to suffer from voters who don't care for Obamacare.
You have no fucking clue about our Constitution apparently
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
Quote:
Originally Posted by
Kirkland Laing
Ah right, so you now want him to turn into a socialist dictator and unilaterally decide to overrule both houses of congress and the judiciary and borrow trillions of dollars to put Americans back to work, effectively re-regulate the financial sector, massively raise taxes on top earners and corporations etc etc. I can only guess what you'd be saying if he'd attempted something like that.
Obamacare hasn't been done unconstitutionally.
He doesn't have to "turn into" a socialist dictator, I'm telling you that's what he is.
The random changes to when Obamare is to be the law of the land is unconstitutional.
The House and Senate passed The Affordable Care Act and Obama signed off on it to make it law....the changes made to it were NOT the agreed upon legislation, the delays enforced were NOT agreed upon in the passing of the bill and have only been brought about because it's politically advantageous to Democrats at risk to not have to suffer from voters who don't care for Obamacare.
You have no fucking clue about our Constitution apparently
You eventually agreed a while ago that Obama was actualy a centre right prez. Every example you provided to prove his socialist credentials turned out to be completely wrong. Go back and look the thread up, it's one of the endless threads over the years where you demonstrate the impressive scope and breadth of stuff you haven't got a clue about.
Every single prez has used executive orders to tweak legislation. In recent years they've used it to ratchet up the national security state too.
This has all been explained to you before along with the fact that Obama has used less executive orders than almost any other prez for over a hundred years but all this information has fallen off the little shelf in your head that functions as your brain.
Also, too, politics. It's been explained to you endlessly that there's no real difference between either of the two parties. If you think there are huge differences between the two groups of corporate servants then you're being fooled. Of course as has been endlessly documented you're one of the people they can fool all of the time.
http://pixel.nymag.com/imgs/daily/in...ng/a_560x0.png
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Re: US inequality of wealth....shocking statistics
It's not the AMOUNT of executive orders it's what it covers.
When did I ever say Obama was "Center Right"????
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
It's not the AMOUNT of executive orders it's what it covers.
When did I ever say Obama was "Center Right"????
Kirkland will show you a pie chart just exactly when you said it. :)
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Re: US inequality of wealth....shocking statistics
Obama has been overstepping his executive powers for years. He changes legislation passed by congress at will. One should not say, well that guy did it as well. Obama operated on its Bushes fault for five years.
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Re: US inequality of wealth....shocking statistics
WASHINGTON -- President Bush has quietly claimed the authority to disobey more than 750 laws enacted since he took office, asserting that he has the power to set aside any statute passed by Congress when it conflicts with his interpretation of the Constitution. (Full article: 3648 words)
Bush challenges hundreds of laws - The Boston Globe
The latest manufactured outrage in America created to fool the people you can fool all/some of the time is that Obama put back part of a law that affects 2% of US small busnesses by 12 months. This is apparently evidence that America has become a tyranny.
No.
This is exactly the kind of thing executive orders are for, as determined by various Supreme Court precedents.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
El Kabong
It's not the AMOUNT of executive orders it's what it covers.
When did I ever say Obama was "Center Right"????
You made the hilarious claim that Obama was a socialist dictator. I asked you to back the claim up and every claim you made turned out to be laughable. It's fallen off your little shelf mate.
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Re: US inequality of wealth....shocking statistics
Quote:
Originally Posted by
Master
Quote:
Originally Posted by
El Kabong
It's not the AMOUNT of executive orders it's what it covers.
When did I ever say Obama was "Center Right"????
Kirkland will show you a pie chart just exactly when you said it. :)
http://www.saddoboxing.com/boxingfor...onality-4.html
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Re: US inequality of wealth....shocking statistics
Sixty percent (according to some poles) have issue with Obama's use of executive orders. Gridlock in Congress is the only time the population doesn't have to worry about further erosion of personal liberty. A president using executive orders to override Congress is not democratic.
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Re: US inequality of wealth....shocking statistics