Wow, thanks to this thread I have learned... Everything bad that happens during a republican president's term is because of the horrible policies enacted by the democrat president before them. Everything good that happens during a democrat's presidency is because of the incredible wisdom and actions of the god like republican president before them. Everything good that happens during a republican's presidency is because of their incredible leadership and wisdom. Everything bad that happens during a democrat's presidency is because they are evil Hitler like idiots who would destroy our country if it weren't for the brave republicans who fought them. These facts are absolute and now Denny will provide 7 graphs that support it.
Another one of your foolish posts. They keep it off shore and you know it. This is about 3 trillion dollars offshore.
In his quest to rewrite history, Denny loves to find graphs from conservative blogs which contradict all textbooks and all memory of those of us who sought jobs in the 70s and 80s. Until the permanent 1981 recession created by Reaganomics which continues to this day, it was super-easy to find a job under Carter.
http://www.fns.usda.gov/outreach/bu...trition-assistance-program-snap-participation Supplemental Nutrition Assistance Program (SNAP) is the cornerstone of the Nation’s nutrition safety net and an investment in our future. SNAP provides nutrition benefits to low income participating clients, supports work, and delivers economic benefits to communities. Despite the obvious nutrition benefits of SNAP, in fiscal year (FY) 2009 28 percent of low income people who would qualify for SNAP do not participate. This means that about 12 million low income people in FY 2009 were losing out on SNAP benefits. But it also means that communities do not benefit economically from their participation. SNAP is the only public benefit program which also serves as an economic stimulus, creating an economic boost that ripples throughout the economy when new SNAP benefits are redeemed. By generating business at local grocery stores, new SNAP benefits trigger labor and production demand, ultimately increasing household income and triggering additional spending. At the request of States, FNS developed the materials below which detail why increasing participation of eligible people in SNAP makes sense for States and communities from an economic development perspective and for low-income people from a nutrition perspective. As part of this effort, FNS conducted an analysis to examine the economic impact, by State and for the Nation, of a five percentage point increase in the participation rate. The national participation rate for fiscal year 2009 was 72 percent. If the national participation rate rose just five percentage points, 2.2 million more low-income people would have an additional $859 million in benefits per year to use to purchase healthy food and $1.5 billion total in new economic activity would be generated nationwide. This analysis demonstrates that even a small increase in participation among those eligible for SNAP benefits can have a substantial economic impact for States and communities.
Bush Tax Cuts extended in 2010. http://www.politico.com/story/2010/06/obama-biden-declare-recovery-summer-038654 Obama, Biden declare 'Recovery Summer' By MIKE ALLEN 06/17/10, 05:06 AM EDT Vice President Joe Biden today will kick off the Obama administration’s “Recovery Summer,” a six-week-long push designed to highlight the jobs accompanying a surge in stimulus-funded projects to improve highways, parks, drinking water and other public works. David Axelrod, a senior adviser to the president, said: “This summer will be the most active Recovery Act season yet, with thousands of highly-visible road, bridge, water and other infrastructure projects breaking ground across the country, giving the American people a first-hand look at the Recovery Act in their own backyards and making it crystal clear what the cost would have been of doing nothing.” http://money.cnn.com/2010/07/02/news/economy/economic_stimulus_impact/ Stimulus: The big bang is over By Tami Luhby, senior writer July 5, 2010: 5:42 AM ET NEW YORK (CNNMoney.com) -- The job market and economy need a serious jumpstart, but the stimulus program likely won't be able to do it. This summer will be the peak of the $787 billion stimulus program in terms of creating jobs and pumping money into the economy. In fact, the Obama administration is calling it the Summer of Recovery because more than 30,000 miles of highways are being improved, more than 2,800 water projects have been started and 120,000 homes will be weatherized. After that, it will be a downhill slide for stimulus even as the economy is expected to continue sputtering. "It's very hard to discern any impact," said Brian Bethune, chief U.S. financial economist for IHS Global Insight. ... Unemployment slid to 9.5% in June even as 125,000 jobs were lost. The vast majority of those losses, however, were temporary Census workers. Private sector employers added 83,000 positions.
I love using your favorite website against you: http://www.forbes.com/sites/frederi...er-rich-hide-21-trillion-offshore-study-says/
That's not "the rich." That's criminals who loot countries' treasuries. Like Ferdinand Marcos. A tiny fraction of those people are americans.
The higher the income tax rate, the less incentive there is for people to work in jobs that support the system. The higher the income tax rate, the more people will try to make a living away from the prying eyes of the government, while taking advantage of as many social programs as possible. The higher the income tax rate, the more productivity declines. The higher the income tax rate, the more the economy slows down. One tool that has been used in the past to offset the negative affects of raising taxes is to lower interest rates. The problem we now face is, interest rates are near an all time low, and about 40% below the average historical rate.
That "tiny fraction" is about 2.1Tril http://www.bloomberg.com/news/artic...stashing-2-1-trillion-overseas-to-avoid-taxes But of course you probably bash the source...
Here's a partial list of the "rich" that keep money offshore. It's on a left leaning WWW site, if the fact that they have people appear on MSNBC all the time means that. http://www.thedailybeast.com/articl...-world-s-richest-people-hide-their-money.html The only american listed is Denise Rich, who gave up her US Citizenship. Marcos' daughter is one of those listed. "Prominent Russians" listed. Tycoons from Thailand. Many govt. officials. etc.
Dude, that's US companies, not "the rich." Keep digging. EDIT: those companies do LOTS of business overseas.
It seems that Socialist Hugo Chavez looted his country's treasury for $12.6B and stashed it overseas. http://www.zerohedge.com/news/2015-02-09/if-your-name-list-prepare-be-audited-or-worse Also listed are uber rich arms dealers and terrorists.
Oh for fucks sake... Dviss was pulling the same shit when he talked about his democrats. Saying this was just Denny is fucking ridiculous and you know it
