Screw "Tax The Poor" Capitalism.

Unsustainable bubbles are cool!

So then why is it that Conservatives are the ones who give us those bubbles? Dotcom bubble in 2000 thanks to the Capital Gains Tax Cut of 1997, Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry and his tax cuts.

So then why is it that Conservatives are the ones who give us those bubbles?

Bubbles have always happened and will always happen.
The one that is currently expanding in China is an ugly one.
I'd stand back if I were you.

As far as the recent bubbles, if the Internet bubble had popped a couple years earlier, we wouldn't have to hear about Clinton's awesome "surplus" and if the RE bubble had popped a couple of years later, Obama would have been a one term failure instead of a two term failure.

Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry

You'll have to tell me more about this claim.
Do you feel that pushing banks, Fannie and Freddie to vastly expand lending to poorer people is an example of deregulation?
 
17cbf221e63b0b7de42fa629abc60e64.jpg

Not the right place to tell lies, hack boi.

usgs_chart4p11.png



Andrew Jackson was the last president to leave a surplus.

Sorry Cupcake, I get the rightards don't understand the difference with a YEARLY BUDGET versus debt by the US Gov't Cupcake

THE LAST GUY TO HAVE BUDGET SURPLUSES (more money coming in than going out in a f/y) was BJ Bill, he had 4 of them Cupcake, 3 after vetoing the GOP's $792+ billion tax cut :)

FederalDeficit(1).jpg

Newt Gingrich really held the line on Clinton's spending wishes.
 
Do you think Koch or Palios "know the facts?" Do you think either has read the "General Theory of Employment, Interest and Money?" They or you can read it here, The General Theory of Employment, Interest and Money by John Maynard Keynes

So this is just a distraction from the facts that show 13 states + DC raised their minimum wages, and those states + DC saw faster job growth than states that didn't. Whether that job growth is attributed to the wage increases, we can debate. But we can't debate that wage increases lead to job loss. The empirical evidence from 2014 proves it doesn't.

So let's talk about the merits of your belief system; it's not based in fact (because the numbers from 2014 prove it isn't), it relies on flawed premises and magical thinking, and it has no evidence to support it. All it has is a very devoted group of ideologues who are determined to be willfully ignorant of the facts.

So because of that, it's hard for anyone to take anything you say seriously.

I grasp that you have a talking point to recite, but your bullshit has been defeated by both Todd and I numerous times. The number of minimum wage earners is too low to have an impact on the economies of American states.

When you raise the minimum wage to $15 and hour, the impact that has on a worker already making $18 an hour is to degrade there purchasing power. Remember, in any market economy, equilibrium will be found. Changing the volume of fiat currency can never alter the value of goods and services, it will merely alter the value of the currency. When more dollars chase a finite pool of goods and services, the dollars will have value by the increase quantity.

If there are 12 eggs and 12 dollars in a market, each egg cost $1 dollar. But the government boss comes along and dictates that there be 24 dollars. Are there suddenly 24 eggs? Of course not, the only effect is that purchasing power of each dollar declines. Further, since the boss keeps most of added dollars for himself, after all that's why he added them., the purchasing power of the public is greatly reduced. The value of the egg doesn't change, it still has the same number of calories and protein, only how many dollars an egg can buy is changed.

The same holds true with your minimum wage idiocy. Value is static. The value added to a process by a person pressing icons on a cash register while talking to a drive-through customer is static. If the government boss dictates that the dollars paid to that person increase, the only possible effect is to devalue the dollars. In a large and complex economy like ours, the impact of this hits primarily those making 10 to 20% over minimum wage, as they get no more dollars, but must survive in a market where their dollars have less worth due to arbitrary flooding by the government bosses.
some jobs are "tied to the minimum wage"; thus, that tide will lift those boats.
 
[
Soros was how old during the Holocaust? And BTW - Conservatives loved Hitler. They even held a rally for the Nazi at Madison Square Garden. "America First" was an American fascist saying.

Conservatives loved a guy who had a centrally planned and managed economy under a totalitarian dictatorship that denied individual rights and instead provided only group privilege?

If that's true, why do Conservatives not back the democrats who follow the identical platform today?
 
[

So then why is it that Conservatives are the ones who give us those bubbles? Dotcom bubble in 2000 thanks to the Capital Gains Tax Cut of 1997, Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry and his tax cuts.

Wait, you're claiming the housing bubble started in 2004? :eek:

:lmao:

I thought you claimed that you didn't lie?

Or is this one of those definition issues, where a lie is anything that opposes the party and truth is anything that promotes the party?
 
Fuhrer Soros loves him some fascism, as do you.

So calling a Holocaust survivor a fascist is antisemitism and flaming. It shows you're not really serious about this debate, and I think you know that we know that.

So that begs the question; if you're not serious, why are you here? Is it just a way for you to feel better about yourself? Is your ego really that fragile?

Soros is a fascist. He promotes the agenda of fascism. Your abject ignorance is irrelevant.

I'll give you a hint sparky, the one who told you that "fascist" means "conservative" was lying to you. You may be astounded to find that Mussolini was not an advocate of property rights and free market economics....
 
[
Soros was how old during the Holocaust? And BTW - Conservatives loved Hitler. They even held a rally for the Nazi at Madison Square Garden. "America First" was an American fascist saying.

Conservatives loved a guy who had a centrally planned and managed economy under a totalitarian dictatorship that denied individual rights and instead provided only group privilege?

If that's true, why do Conservatives not back the democrats who follow the identical platform today?
you are confusing the right wing, with democrats.
 
[

So then why is it that Conservatives are the ones who give us those bubbles? Dotcom bubble in 2000 thanks to the Capital Gains Tax Cut of 1997, Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry and his tax cuts.

Wait, you're claiming the housing bubble started in 2004? :eek:

:lmao:

I thought you claimed that you didn't lie?

Or is this one of those definition issues, where a lie is anything that opposes the party and truth is anything that promotes the party?
the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?
 
Fuhrer Soros loves him some fascism, as do you.

So calling a Holocaust survivor a fascist is antisemitism and flaming. It shows you're not really serious about this debate, and I think you know that we know that.

So that begs the question; if you're not serious, why are you here? Is it just a way for you to feel better about yourself? Is your ego really that fragile?

Soros is a fascist. He promotes the agenda of fascism. Your abject ignorance is irrelevant.

I'll give you a hint sparky, the one who told you that "fascist" means "conservative" was lying to you. You may be astounded to find that Mussolini was not an advocate of property rights and free market economics....
neither is our "national socialist" right wing, with their, war on drugs.

Nothing like having our erstwhile, federales, eloign with our property.
 
[

So then why is it that Conservatives are the ones who give us those bubbles? Dotcom bubble in 2000 thanks to the Capital Gains Tax Cut of 1997, Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry and his tax cuts.

Wait, you're claiming the housing bubble started in 2004? :eek:

:lmao:

I thought you claimed that you didn't lie?

Or is this one of those definition issues, where a lie is anything that opposes the party and truth is anything that promotes the party?
the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?


Despite your blatant lies about AWE, I have always opposed the war on people who use certain drugs.
 
Fuhrer Soros loves him some fascism, as do you.

So calling a Holocaust survivor a fascist is antisemitism and flaming. It shows you're not really serious about this debate, and I think you know that we know that.

So that begs the question; if you're not serious, why are you here? Is it just a way for you to feel better about yourself? Is your ego really that fragile?

Soros is a fascist. He promotes the agenda of fascism. Your abject ignorance is irrelevant.

I'll give you a hint sparky, the one who told you that "fascist" means "conservative" was lying to you. You may be astounded to find that Mussolini was not an advocate of property rights and free market economics....
neither is our "national socialist" right wing, with their, war on drugs.

Nothing like having our erstwhile, federales, eloign with our property.


The "right wing" is "socialist?" :eek:

If you don't get help at Charter, get help somewhere..
 
[

So then why is it that Conservatives are the ones who give us those bubbles? Dotcom bubble in 2000 thanks to the Capital Gains Tax Cut of 1997, Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry and his tax cuts.

Wait, you're claiming the housing bubble started in 2004? :eek:

:lmao:

I thought you claimed that you didn't lie?

Or is this one of those definition issues, where a lie is anything that opposes the party and truth is anything that promotes the party?
the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?


Despite your blatant lies about AWE, I have always opposed the war on people who use certain drugs.
no lies; you really did have nothing but red herrings.

the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?
 
Fuhrer Soros loves him some fascism, as do you.

So calling a Holocaust survivor a fascist is antisemitism and flaming. It shows you're not really serious about this debate, and I think you know that we know that.

So that begs the question; if you're not serious, why are you here? Is it just a way for you to feel better about yourself? Is your ego really that fragile?

Soros is a fascist. He promotes the agenda of fascism. Your abject ignorance is irrelevant.

I'll give you a hint sparky, the one who told you that "fascist" means "conservative" was lying to you. You may be astounded to find that Mussolini was not an advocate of property rights and free market economics....
neither is our "national socialist" right wing, with their, war on drugs.

Nothing like having our erstwhile, federales, eloign with our property.


The "right wing" is "socialist?" :eek:

If you don't get help at Charter, get help somewhere..
yes, the right wing is for, "ditching Capitalism at Every Opportunity, for their Socialism on a National basis."

i am used to the "feast or famine" approach. So, now, i cannot afford to have problems and when I have money, I can always find capital solutions.
 
[

So then why is it that Conservatives are the ones who give us those bubbles? Dotcom bubble in 2000 thanks to the Capital Gains Tax Cut of 1997, Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry and his tax cuts.

Wait, you're claiming the housing bubble started in 2004? :eek:

:lmao:

I thought you claimed that you didn't lie?

Or is this one of those definition issues, where a lie is anything that opposes the party and truth is anything that promotes the party?
the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?


Despite your blatant lies about AWE, I have always opposed the war on people who use certain drugs.
no lies; you really did have nothing but red herrings.

the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?

What the fuck are you jabbering about?

You lied about AWE, fess up scumbag.
 
[

So then why is it that Conservatives are the ones who give us those bubbles? Dotcom bubble in 2000 thanks to the Capital Gains Tax Cut of 1997, Mortgage bubble in 2004-7 thanks to Bush deregulating the mortgage industry and his tax cuts.

Wait, you're claiming the housing bubble started in 2004? :eek:

:lmao:

I thought you claimed that you didn't lie?

Or is this one of those definition issues, where a lie is anything that opposes the party and truth is anything that promotes the party?
the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?


Despite your blatant lies about AWE, I have always opposed the war on people who use certain drugs.
no lies; you really did have nothing but red herrings.

the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?

What the fuck are you jabbering about?

You lied about AWE, fess up scumbag.
economics, dear;

the problem is, simply cutting taxes, is merely speculating on our economy. why not cut the drug war, if the right wing, is so, fiscally responsible?
 
Do you think Koch or Palios "know the facts?" Do you think either has read the "General Theory of Employment, Interest and Money?" They or you can read it here, The General Theory of Employment, Interest and Money by John Maynard Keynes

So this is just a distraction from the facts that show 13 states + DC raised their minimum wages, and those states + DC saw faster job growth than states that didn't. Whether that job growth is attributed to the wage increases, we can debate. But we can't debate that wage increases lead to job loss. The empirical evidence from 2014 proves it doesn't.

So let's talk about the merits of your belief system; it's not based in fact (because the numbers from 2014 prove it isn't), it relies on flawed premises and magical thinking, and it has no evidence to support it. All it has is a very devoted group of ideologues who are determined to be willfully ignorant of the facts.

So because of that, it's hard for anyone to take anything you say seriously.

I grasp that you have a talking point to recite, but your bullshit has been defeated by both Todd and I numerous times. The number of minimum wage earners is too low to have an impact on the economies of American states.

When you raise the minimum wage to $15 and hour, the impact that has on a worker already making $18 an hour is to degrade there purchasing power. Remember, in any market economy, equilibrium will be found. Changing the volume of fiat currency can never alter the value of goods and services, it will merely alter the value of the currency. When more dollars chase a finite pool of goods and services, the dollars will have value by the increase quantity.

If there are 12 eggs and 12 dollars in a market, each egg cost $1 dollar. But the government boss comes along and dictates that there be 24 dollars. Are there suddenly 24 eggs? Of course not, the only effect is that purchasing power of each dollar declines. Further, since the boss keeps most of added dollars for himself, after all that's why he added them., the purchasing power of the public is greatly reduced. The value of the egg doesn't change, it still has the same number of calories and protein, only how many dollars an egg can buy is changed.

The same holds true with your minimum wage idiocy. Value is static. The value added to a process by a person pressing icons on a cash register while talking to a drive-through customer is static. If the government boss dictates that the dollars paid to that person increase, the only possible effect is to devalue the dollars. In a large and complex economy like ours, the impact of this hits primarily those making 10 to 20% over minimum wage, as they get no more dollars, but must survive in a market where their dollars have less worth due to arbitrary flooding by the government bosses.

"The number of minimum wage earners is too low to have an impact on the economies of American states."


Yet EVERY TIME a min wage hike is proposed the right wing screams it will KILL THE US ECONOMY *shaking head*

5a2f09b413d3a2016ad07da2f53fded5.jpg

Oh wow, you posted another meme from a hate site.

You are impressive, RotCrotch! :thup:

I'll note you ignored YOUR POSIT Cupcake


"The number of minimum wage earners is too low to have an impact on the economies of American states."



Yet EVERY TIME MW increase is brought up the right wingers whine it's going to kill the US economy :(
 
[
The willfully ignorant liar calling out people spanking him :lame2:

How does mindlessly posting memes from the Soros hate sites "spank" anyone? :dunno:

Weird IF you could show ANYTIME CONservative economics EVER worked (except for the richest) you'd have something to stand on, you don't Buttercup :)


Soro's huh? Yep that guy who LOVES him some democracy is bad, but Putin is LOVED by the right wingers *shaking head*

Fuhrer Soros loves him some fascism, as do you.

Here is something for you to ponder, Brown Shirt.



Weird, you mean Obama was trying to reset the Russian/US relations and RIGHTFULLY said he had more flexibility after he spanked Romney Buttercup?



As he was leaning toward Medvedev in Seoul, Obama was overheard asking for time — “particularly with missile defense” — until he is in a better position politically to resolve such issues.

“I understand your message about space,” replied Medvedev, who will hand over the presidency to Putin in May.

“This is my last election … After my election I have more flexibility,” Obama said, expressing confidence that he would win a second term.

“I will transmit this information to Vladimir,” said Medvedev, Putin’s protégé and long considered number two in Moscow’s power structure.


Horrible to be honest right Buttercup?
 
[

Conservative economics are a joke because they are based on feelings, faith, and theory...not actual fact. Conservatives think "if you build it, they will come" is a viable guiding economic philosophy. It may have worked in the movies, but that's because it's fiction.

Do you honestly think that the slogans you spew are a valid retort to the mountains of facts you have been provided?


Mountains of facts? Sorry Cupcake ALL you give is right wing debunked theories and lies :flameth:
 

Unsustainable bubbles are cool!

Yet only Clinton/Obama lowered the deficits handed to them in the past 60 years, Go figure Cupcake


"President Clinton’s 1993 budget bill—officially known as the Omnibus Budget Reconciliation Act of 1993. OBRA, which mainly raised taxes on wealthy people but also raised the gas tax, extended limits on discretionary spending and cut back on some mandatory spending, was signed into law on August 10, 1993. Just five months prior, the Congressional Budget Office projected a 1998 deficit of $360 billion. One month after the bill passed, the CBO’s new estimate of the 1988 deficit was down to $200 billion. The CBO explained the dramatic improvement this way: “For the first time in two and one-half years, the deficit projections have taken a decided turn for the better… The reconciliation act deserves most of the credit for the improvement over the long run.” Indeed, of the $160 billion improvement from March to September of that year, CBO directly credited OBRA with $143 billion. In fact, OBRA turns out to have been the single largest contributor to the 1998 surplus."


Sorry Cupcake

Not So Fast, Newt - Center for American Progress


8f81455a3497dc5a4f567876f8d13dd1.jpg
 
Fuhrer Soros loves him some fascism, as do you.

So calling a Holocaust survivor a fascist is antisemitism and flaming. It shows you're not really serious about this debate, and I think you know that we know that.

So that begs the question; if you're not serious, why are you here? Is it just a way for you to feel better about yourself? Is your ego really that fragile?

Soros is a COLLABORATOR, not a survivor.

Here’s the 60 Minutes Interview George Soros Scrubbed From the Internet - Trading with The Fly

Jesus the shit you hacks try to pull.

This is what I mean by pointing out that you are patently dishonest.


Talk about being dishonest Cupcake:


Given that Soros — born in 1930 — was only nine years old when World War II began and 14 when the war ended in Europe in 1945,

FACT CHECK: Was George Soros an SS Officer in Nazi Germany?
 

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