Politics STEVE BANNON PUSHING FOR 44 PERCENT MARGINAL TAX RATE ON THE VERY RICH

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  1. dviss1

    dviss1 Emcee Referee

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    You're confusing the debt and deficit. They are two different things.
     
    dviss1, Aug 10, 2017
    #101
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  2. dviss1

    dviss1 Emcee Referee

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    This is some of the dumbest shit ever. Bush drove our economy down the toilet, foodstamps (that create ECONOMIC STIMULUS) were the symptom of Bush's failures and then folk like you wanna blame Obama for it.

    Newsflash:

    Foodstamps are a DROP IN THE BUCKET compared to what we spend on war and cutting them won't make a dent in balancing the budget.

    You.

    Already.

    Know.

    This.
     
    dviss1, Aug 10, 2017
    #102
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  3. dviss1

    dviss1 Emcee Referee

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    They don't come here for welfare and the BULLSHIT is saying that they are eligiblie for it and get it.

    YOU MUST BE A CITIZEN TO QUALIFY....

    I'm so tired of this bullshit rhetoric that Illegals are using welfare.
     
    dviss1, Aug 10, 2017
    #103
  4. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    or be here legally.
     
    SlyPokerDog, Aug 10, 2017
    #104
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  5. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    Oh, right. Just their kids. I'm sure mom and dad work and the kids buy video games with the welfare money. It says it in your fucking link.

    Illegals just keep my wages lower than they should be. They take jobs away from other groups completely. Doesn't bother me as much as it should you.
     
    bodyman5000 and 1, Aug 10, 2017
    #105
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  6. dviss1

    dviss1 Emcee Referee

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    Latinos are the hardest working people in this country. There's NOT ONE job that they've taken from you or me. Picking beans and cutting Christmas trees is back breaking work.

    Get your mind right.

     
    dviss1, Aug 10, 2017
    #106
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  7. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Debt is the sum of deficits. I confused nothing. The sum is what you ignore in your meaningless stat.

    To use a metaphor: closing the gate after the horse ran away.

    $400B -> $1T, $1T, $1T, $1T, $1T, $1T, $1T, and then $250B isn't a great record. You ignore all those $1T spent.
     
    Denny Crane, Aug 10, 2017
    #107
  8. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Food stamps are an indication that people aren't succeeding in Obama's economy. Regardless of their dollar cost. The real cost is a generation of people with nearly a decade of lost earnings, subpar jobs, inability to afford housing. And inability to even afford food.

    Thanks Obama!
     
    Denny Crane, Aug 10, 2017
    #108
  9. dviss1

    dviss1 Emcee Referee

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    No, thanks Bush.
     
    dviss1, Aug 10, 2017
    #109
  10. andalusian

    andalusian Season - Restarted

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    My opinion is that Obama's strategy was great given the situation at hand - but if anyone thinks we are done and fixed - they are pretty crazy - he bought us time to fix things - and the way to do it is by investing where it matters going forward to get out of the problem - infrastructure and things that work given the modern world.

    The alternative of letting everything fail would have very likely bought us the same stagnation and loss of position that Japan faced.

    I do not think your analogy really makes sense here - when someone is obese to the point that his arteries clog and the heart fails - the bypass surgery is required but it will come to nothing if this person does not work on his conditioning after that. The recovery-act was a bypass surgery. It got us forward - but it certainly did not fix everything that happened there.
     
    andalusian, Aug 10, 2017
    #110
  11. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    No, thanks Obama.

    His policies created a "new normal" of much slower economic growth than historically, a sustained lowering of the median household income (that's REALLY a big deal), and we still haven't recovered from his mess.

    [​IMG]

    Math: $56.6K is less than the $57.4K the year before the crash. Still haven't recovered.

    [​IMG]
     
    Denny Crane, Aug 10, 2017
    #111
  12. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Republicans/Bush passed the largest spending bill in history, just prior to the crash. A massive infrastructure (highway) bill.

    My analogy is fine. We're saddled with debt and not much to show for all that spending.

    The cost of paying the interest on all that debt would buy $400B worth of infrastructure EACH year. And that amount is at a ridiculously low interest rate. If the rates double from 1.25% to 2.5% (which is way below the historical norm), that $400B becomes $800B. Ow, ow, ow, ow, ow! Hurts.

    Think about this. Obama spent half of TARP and another $800B. Bailed out banks, while many many mortgages and homes were underwater. Massive loss to the aggregate wealth of main street Americans. Why was it smart to give the money to the banks so they could buy the other banks? Why wouldn't it be smarter to pay down much of those underwater mortgages which would have: a) restored main street's wealth, and b) the same money ends up in the banks.

    I've already posted how 200 economists disagreed with the bailouts and Obama's agenda. It wasn't as dire as it was made out to be.
     
    Denny Crane, Aug 10, 2017
    #112
  13. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    We should send our debt to Guam and ask North Korea to blow it up.
     
    SlyPokerDog, Aug 10, 2017
    #113
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  14. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    I work with them. You should probably quit speaking in stereotypes if you don't want me to do the same thing.

    I feel sorry for libbos that live in Portland and don't see the real world.

    I can take a video for you tomorrow morning and show you the 100 Percent Latino workforce that is building the homes next to me. I see them every morning and will for the next few months or so.

    I actually talk to my Latino co-workers. Some are Reagan amnesties. Some are legal, some are illegal with fake documents. I don't know why they would lie about it.

    Your mind doesn't have the first clue what they do. Telling others to get their mind right when you are 100 percent wrong is laughable at best.
     
    bodyman5000 and 1, Aug 10, 2017
    #114
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  15. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    Take Antifa and the KKK too.
     
    bodyman5000 and 1, Aug 10, 2017
    #115
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  16. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Unemployment in 1999 was 4.1%
    Unemployment today is 4.3%

    The population in 1999 was 279M
    The population today is 326.5M

    So the population grew by ~$50M and there are plenty of jobs. I don't see how that population growth, if it were entirely "illegal" immigrants, would negatively affect employment (4.3% is historically very low). The influx of immigrants clearly hasn't had this negative effect.

    If these immigrants are driving down wages by being willing to take less pay, then you might want to look at why.

    1. They can't complain to the authorities about being paid sub minimum wage
    2. They can be threatened with being turned in if they don't take low wages

    Make the playing field level and everything would be fine.
     
    Denny Crane, Aug 10, 2017
    #116
  17. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    How many Starbucks were there in 1999?

    Service jobs everywhere.

    https://www.cnbc.com/2017/05/05/heres-the-real-unemployment-rate.html
     
    bodyman5000 and 1, Aug 10, 2017
    #117
  18. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    I could go grocery shopping on the first in 1999 and not be overwhelmed with welfare people clogging up the store. One of the checkers at WinCo told me if the first falls on or right before a weekend all the checkers have to work.
     
    bodyman5000 and 1, Aug 10, 2017
    #118
  19. riverman

    riverman Writing Team

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    foodstamps are really popular with college students trying to eat while carrying a full time load and student loans.......and with ridiculous rent escalations in places like California...helped a lot of single moms out....but we should really be spending that money on more weapons!! :)....what's a malnourished engineering student anyway?
     
    riverman, Aug 10, 2017
    #119
  20. dviss1

    dviss1 Emcee Referee

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    Ohhh the recovery wasn't fast enough. We didn't grow like we were supposed to... :blahblah:
     
    dviss1, Aug 10, 2017
    #120
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