What will republicans do first?

[bigrebnc1775]

Impeach Obama?
Repeal the ACA?
Outlaw Hispanics?
Defund the CDC?

Pick a new Senate majority leader, that's a fact.

Go Turtleboy!
View attachment 33836

I get it your pissed because I am better than you. Fucking idiot

 

[BULLDOG]

I think number one on the agenda should be rounding up all the race-baiters and shooting every one of the reptiles.

Violence appears to be your answer to everything.

Are you scared?

Is Foghorn scared of the chicken hawk?

 

[BULLDOG]

Impeach Obama?
Repeal the ACA?
Outlaw Hispanics?
Defund the CDC?

Pick a new Senate majority leader, that's a fact.

Go Turtleboy!
View attachment 33836

I get it your pissed because I am better than you. Fucking idiot

That's not what your mother said.

 

[buckeye45_73]

I'm not a progressive, Bugger.

What stupid thing do you think the Republicans will do first?

considering you think buttfucking between two men is a good thing, I think your perspective doesn't really matter.

 

[SmarterThanTheAverageBear]

Impeach Obama?
Repeal the ACA?
Outlaw Hispanics?
Defund the CDC?

I hope the first thing they do is pass a law that the Patent Office has no business deciding which patents are "racist" and return Snyder's patents to him.

For real.

 

[Toro]

Wrong. He lowered taxes a LOT and they went up a little.

Actually, a better way of saying it is that Reagan cut taxes by a lot then raised them a fair amount. IIRC his dozen or so tax increases recouped something like 50%-60% of the revenue lost in his initial tax cuts.

So, he cut taxes by a good deal, but it's not like 90% of his tax cuts survived by the end of his term.

 

[Iceweasel]

Wrong. He lowered taxes a LOT and they went up a little.

Actually, a better way of saying it is that Reagan cut taxes by a lot then raised them a fair amount. IIRC his dozen or so tax increases recouped something like 50%-60% of the revenue lost in his initial tax cuts.

So, he cut taxes by a good deal, but it's not like 90% of his tax cuts survived by the end of his term.

What will republicans do first Page 6 US Message Board - Political Discussion Forum
When President Reagan entered office in 1981, he faced actually much worse economic problems than President Obama faced in 2009. Three worsening recessions starting in 1969 were about to culminate in the worst of all in 1981-1982, with unemployment soaring into double digits at a peak of 10.8%. At the same time America suffered roaring double-digit inflation, with the CPI registering at 11.3% in 1979 and 13.5% in 1980 (25% in two years). The Washington establishment at the time argued that this inflation was now endemic to the American economy, and could not be stopped, at least not without a calamitous economic collapse.

All of the above was accompanied by double -igit interest rates, with the prime rate peaking at 21.5% in 1980. The poverty rate started increasing in 1978, eventually climbing by an astounding 33%, from 11.4% to 15.2%. A fall in real median family income that began in 1978 snowballed to a decline of almost 10% by 1982. In addition, from 1968 to 1982, the Dow Jones industrial average lost 70% of its real value, reflecting an overall collapse of stocks.

President Reagan campaigned on an explicitly articulated, four-point economic program to reverse this slow motion collapse of the American economy:

1. Cut tax ratesto restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%.

2. Spending reductions, including a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $175 billion in spending cuts for the year today. In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan’s two terms! Even with the Reagan defense buildup, which won the Cold War without firing a shot, total federal spending declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989. That’s a real reduction in the size of government relative to the economy of 10%.

3. Anti-inflation monetary policy restraining money supply growth compared to demand, to maintain a stronger, more stable dollar value.

4. Deregulation, which saved consumers an estimated $100 billion per year in lower prices. Reagan’s first executive order, in fact, eliminated price controls on oil and natural gas. Production soared, and aided by a strong dollar the price of oil declined by more than 50%.

These economic policies amounted to the most successful economic experiment in world history. The Reagan recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal killed it. This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.

During this seven-year recovery, the economy grew by almost one-third, the equivalent of adding the entire economy of West Germany, the third-largest in the world at the time, to the U.S. economy. In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Nearly 20 million new jobs were created during the recovery, increasing U.S. civilian employment by almost 20%. Unemployment fell to 5.3% by 1989.

The shocking rise in inflation during the Nixon and Carter years was reversed. Astoundingly, inflation from 1980 was reduced by more than half by 1982, to 6.2%. It was cut in half again for 1983, to 3.2%, never to be heard from again until recently. The contractionary, tight-money policies needed to kill this inflation inexorably created the steep recession of 1981 to 1982, which is why Reagan did not suffer politically catastrophic blame for that recession.

Real per-capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20% in just seven years. The poverty rate declined every year from 1984 to 1989, dropping by one-sixth from its peak. The stock market more than tripled in value from 1980 to 1990, a larger increase than in any previous decade.

In The End of Prosperity, supply side guru Art Laffer and Wall Street Journal chief financial writer Steve Moore point out that this Reagan recovery grew into a 25-year boom, with just slight interruptions by shallow, short recessions in 1990 and 2001. They wrote:

We call this period, 1982-2007, the twenty-five year boom–the greatest period of wealth creation in the history of the planet. In 1980, the net worth–assets minus liabilities–of all U.S. households and business … was $25 trillion in today’s dollars. By 2007, … net worth was just shy of $57 trillion. Adjusting for inflation, more wealth was created in America in the twenty-five year boom than in the previous two hundred years.

 

[BULLDOG]

Wrong. He lowered taxes a LOT and they went up a little.

Actually, a better way of saying it is that Reagan cut taxes by a lot then raised them a fair amount. IIRC his dozen or so tax increases recouped something like 50%-60% of the revenue lost in his initial tax cuts.

So, he cut taxes by a good deal, but it's not like 90% of his tax cuts survived by the end of his term.

What will republicans do first Page 6 US Message Board - Political Discussion Forum
When President Reagan entered office in 1981, he faced actually much worse economic problems than President Obama faced in 2009. Three worsening recessions starting in 1969 were about to culminate in the worst of all in 1981-1982, with unemployment soaring into double digits at a peak of 10.8%. At the same time America suffered roaring double-digit inflation, with the CPI registering at 11.3% in 1979 and 13.5% in 1980 (25% in two years). The Washington establishment at the time argued that this inflation was now endemic to the American economy, and could not be stopped, at least not without a calamitous economic collapse.

All of the above was accompanied by double -igit interest rates, with the prime rate peaking at 21.5% in 1980. The poverty rate started increasing in 1978, eventually climbing by an astounding 33%, from 11.4% to 15.2%. A fall in real median family income that began in 1978 snowballed to a decline of almost 10% by 1982. In addition, from 1968 to 1982, the Dow Jones industrial average lost 70% of its real value, reflecting an overall collapse of stocks.

President Reagan campaigned on an explicitly articulated, four-point economic program to reverse this slow motion collapse of the American economy:

1. Cut tax ratesto restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%.

2. Spending reductions, including a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $175 billion in spending cuts for the year today. In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan’s two terms! Even with the Reagan defense buildup, which won the Cold War without firing a shot, total federal spending declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989. That’s a real reduction in the size of government relative to the economy of 10%.

3. Anti-inflation monetary policy restraining money supply growth compared to demand, to maintain a stronger, more stable dollar value.

4. Deregulation, which saved consumers an estimated $100 billion per year in lower prices. Reagan’s first executive order, in fact, eliminated price controls on oil and natural gas. Production soared, and aided by a strong dollar the price of oil declined by more than 50%.

These economic policies amounted to the most successful economic experiment in world history. The Reagan recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal killed it. This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.

During this seven-year recovery, the economy grew by almost one-third, the equivalent of adding the entire economy of West Germany, the third-largest in the world at the time, to the U.S. economy. In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Nearly 20 million new jobs were created during the recovery, increasing U.S. civilian employment by almost 20%. Unemployment fell to 5.3% by 1989.

The shocking rise in inflation during the Nixon and Carter years was reversed. Astoundingly, inflation from 1980 was reduced by more than half by 1982, to 6.2%. It was cut in half again for 1983, to 3.2%, never to be heard from again until recently. The contractionary, tight-money policies needed to kill this inflation inexorably created the steep recession of 1981 to 1982, which is why Reagan did not suffer politically catastrophic blame for that recession.

Real per-capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20% in just seven years. The poverty rate declined every year from 1984 to 1989, dropping by one-sixth from its peak. The stock market more than tripled in value from 1980 to 1990, a larger increase than in any previous decade.

In The End of Prosperity, supply side guru Art Laffer and Wall Street Journal chief financial writer Steve Moore point out that this Reagan recovery grew into a 25-year boom, with just slight interruptions by shallow, short recessions in 1990 and 2001. They wrote:

We call this period, 1982-2007, the twenty-five year boom–the greatest period of wealth creation in the history of the planet. In 1980, the net worth–assets minus liabilities–of all U.S. households and business … was $25 trillion in today’s dollars. By 2007, … net worth was just shy of $57 trillion. Adjusting for inflation, more wealth was created in America in the twenty-five year boom than in the previous two hundred years.

God spare me from Saint Ronnie worshippers. Reagan wasn't nearly the president you wish he was, and wouldn't even be considered a republican by teabagger standards. After he was so far gone with Alzheimer's, his wife brought fortune tellers into the White house to determine policy.

 

[TakeAStepBack]

You're so full of shit I need waders in here, Dullard. Corportism is an offshoot of fascism, not capitalism. Name the economists that predicted capitalism would lead to corporatism...this should be highly entertaining....

Adam Smith:

"It is to prevent this reduction of price, and consequently of wages and profit, by restraining that free competition which would most certainly occasion it, that all corporations, and the greater part of corporation laws, have been established."

And this says diddly shit about capitalism becoming corporatism. You're grasping at straws. Not that Im surprised.

 

[TakeAStepBack]

I asked for the business, agriculture is a business but there are businesses in agriculture. You believe the Republicans are responsible for the illegal alien problem and raising taxes on the poor. I've decided you are just too goddamn stupid to talk to. Bye.

It's not any specific business--it is ALL businesses that would have to pay higher aggregate wages when cheap labor is kept out of the country.

That is why Republicans did NOTHING when they had both houses of
Congress under Bush, and why they will do nothing in the future.

Yeah, man. The democrats did so much to try and change that too.

I agreed that modern Democratic politicians don't differentiate themselves at all from Republican candidates--except GOP shouted "ISIS" and "ebola," and Democratic candidate sat on their hands.

This election was decided long, long ago by General Electric, NewsCorp, Disney, ViaCom, Time Warner, and CBS. Those 6 corporations now own 90% of American media.

This is exactly how capitalism fails over time.

There is no capitalism here, Dullard. Try legos or G.I Joe and leave the important stuff to the intelligent folks, please. Thanks.

There isn't? Then why is the stock market over 17,000 when before Bush left office it was under 7000?

Ooh, goody. Another half-wit that needs remediation.

So you're saying that the federal reserve system of pumping in money is a capitalist endeavor?

 

[Toro]

Wrong. He lowered taxes a LOT and they went up a little.

Actually, a better way of saying it is that Reagan cut taxes by a lot then raised them a fair amount. IIRC his dozen or so tax increases recouped something like 50%-60% of the revenue lost in his initial tax cuts.

So, he cut taxes by a good deal, but it's not like 90% of his tax cuts survived by the end of his term.

What will republicans do first Page 6 US Message Board - Political Discussion Forum
When President Reagan entered office in 1981, he faced actually much worse economic problems than President Obama faced in 2009. Three worsening recessions starting in 1969 were about to culminate in the worst of all in 1981-1982, with unemployment soaring into double digits at a peak of 10.8%. At the same time America suffered roaring double-digit inflation, with the CPI registering at 11.3% in 1979 and 13.5% in 1980 (25% in two years). The Washington establishment at the time argued that this inflation was now endemic to the American economy, and could not be stopped, at least not without a calamitous economic collapse.

All of the above was accompanied by double -igit interest rates, with the prime rate peaking at 21.5% in 1980. The poverty rate started increasing in 1978, eventually climbing by an astounding 33%, from 11.4% to 15.2%. A fall in real median family income that began in 1978 snowballed to a decline of almost 10% by 1982. In addition, from 1968 to 1982, the Dow Jones industrial average lost 70% of its real value, reflecting an overall collapse of stocks.

President Reagan campaigned on an explicitly articulated, four-point economic program to reverse this slow motion collapse of the American economy:

1. Cut tax ratesto restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%.

2. Spending reductions, including a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $175 billion in spending cuts for the year today. In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan’s two terms! Even with the Reagan defense buildup, which won the Cold War without firing a shot, total federal spending declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989. That’s a real reduction in the size of government relative to the economy of 10%.

3. Anti-inflation monetary policy restraining money supply growth compared to demand, to maintain a stronger, more stable dollar value.

4. Deregulation, which saved consumers an estimated $100 billion per year in lower prices. Reagan’s first executive order, in fact, eliminated price controls on oil and natural gas. Production soared, and aided by a strong dollar the price of oil declined by more than 50%.

These economic policies amounted to the most successful economic experiment in world history. The Reagan recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal killed it. This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.

During this seven-year recovery, the economy grew by almost one-third, the equivalent of adding the entire economy of West Germany, the third-largest in the world at the time, to the U.S. economy. In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Nearly 20 million new jobs were created during the recovery, increasing U.S. civilian employment by almost 20%. Unemployment fell to 5.3% by 1989.

The shocking rise in inflation during the Nixon and Carter years was reversed. Astoundingly, inflation from 1980 was reduced by more than half by 1982, to 6.2%. It was cut in half again for 1983, to 3.2%, never to be heard from again until recently. The contractionary, tight-money policies needed to kill this inflation inexorably created the steep recession of 1981 to 1982, which is why Reagan did not suffer politically catastrophic blame for that recession.

Real per-capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20% in just seven years. The poverty rate declined every year from 1984 to 1989, dropping by one-sixth from its peak. The stock market more than tripled in value from 1980 to 1990, a larger increase than in any previous decade.

In The End of Prosperity, supply side guru Art Laffer and Wall Street Journal chief financial writer Steve Moore point out that this Reagan recovery grew into a 25-year boom, with just slight interruptions by shallow, short recessions in 1990 and 2001. They wrote:

We call this period, 1982-2007, the twenty-five year boom–the greatest period of wealth creation in the history of the planet. In 1980, the net worth–assets minus liabilities–of all U.S. households and business … was $25 trillion in today’s dollars. By 2007, … net worth was just shy of $57 trillion. Adjusting for inflation, more wealth was created in America in the twenty-five year boom than in the previous two hundred years.

That's nice but none of it supports your original contention.

Also, I'd disagree that 1980 was worse than 2008. As bad as stagflation was, 2008 could have been The Great Depression 2.0.

 

[rightwinger]

What Republicans can do.....
Pass immigration reform
Pass a jobs bill
Rewrite the tax code

What Republicans will do
Nothing

 

[zeke]

What Republicans can do.....
Pass immigration reform
Pass a jobs bill
Rewrite the tax code

What Republicans will do
Nothing

Does whine, blame and complain about Obama constituent doing "nothing"?
Them poor fucking Republicans, even when they "win" they are losers.

 

[Iceweasel]

That's nice but none of it supports your original contention.

Also, I'd disagree that 1980 was worse than 2008. As bad as stagflation was, 2008 could have been The Great Depression 2.0.

You can't read.
"1. Cut tax ratesto restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%."

I remember the Carter years, the gas lines, double digit inflation, etc. What you think could have happened isn't relevant.

 

[JWBooth]

What Republicans can do.....
Pass immigration reform
Pass a jobs bill
Rewrite the tax code

What Republicans will do
Nothing

Does whine, blame and complain about Obama constituent doing "nothing"?
Them poor fucking Republicans, even when they "win" they are losers.

Constituent? Or constitute?
Them poor fucking lefties, don't know what they are talking about even when they can spell it.

 

[edthecynic]

Put some of the many bills that went into limbo under Harry Reid's leadership up for a vote and get them to the President to either sign or veto. Starting with the excel pipeline I think we have waited long enough for a decision on that.

Why do you want the pipeline constructed? It will increase the price of refined gasoline in the Midwest.

bullshit.

Don't just say "bullshit." Explain yourself.

Once the pipeline is completed, the Canadian crude will be routed to port for sale and export to foreign markets. Right now, it comes down to U.S. markets and increases our supply, thereby driving down prices.

When the pipeline is completed (and it will be with Republican support), the available domestic supplies will decrease and prices will increase. It's not rocket science.
Do you people think anything through at all?

You left your statement unjustified. I didn't feel obligated to justify my reply.
No it's not rocket science at all. Oil is a world wide commodity. More oil reduces prices, or don't you grasp supply and demand?

Except a pipeline is not an oil well so it does not produce more oil. There is decades more capacity in the pipelines we have now serving Canada than Canada has crude to ship. The Canadians themselves justified the expense of the Keystone XL by the $3.9 billion more Americans will pay for the crude!!!!

Keystone XL is a tar sands pipeline to export oil out of the United States Anthony Swift s Blog Switchboard from NRDC

One of the most important facts that is missing in the national debate surrounding the proposed Keystone XL tar sands pipeline is this – Keystone XL will not bring any more oil into the United State for decades to come. Canada doesn’t have nearly enough oil to fill existing pipelines going to the United States. However, existing Canadian oil pipelines all go to the Midwest, where the only buyer for their crude is the United States. Keystone XL would divert Canadian oil from refineries in the Midwest to the Gulf Coast where it can be refined and exported. Many of these refineries are in Foriegn Trade Zones where oil may be exported to international buyers without paying U.S. taxes. And that is exactly what Valero, one of the largest potential buyers of Keystone XL's oil, has told its investors it will do. The idea that Keystone XL will improve U.S. oil supply is a documented scam being played on the American people by Big Oil and its friends in Washington DC.
The fact that Canada has excess pipeline capacity is well known. In a Department of Energy report evaluating Keystone XL's impacts on U.S. energy supply over the next twenty years, the agency found that it will take decades for Canada to produce enough oil to fill existing pipelines. On page 90, the report concludes that the United States will import the same amount of crude from Canada through 2030 whether or not Keystone XL is built.
snip/
When Canadian regulators at the National Energy Board (NEB) considered the Keystone XL proposal in 2008, they asked TransCanada to justify another pipeline when there was already so much spare capacity. TransCanada conceded that Keystone XL would take oil from existing pipelines, increasing shipping costs. However, TransCanada argued that this cost would be more than offset as shifting Canadian oil from the Midwest to the Gulf would increase the price that Americans paid for Canadian oil by $3.9 billion.
snip/
Simply stated, Keystone XL is a way to get Canadian oil out of the United States, not into it.

 

[Contumacious]

Impeach Obama?
Repeal the ACA?
Outlaw Hispanics?
Defund the CDC?

The dingle berries forget that the US has become a gargantuan welfare/warfare police state with BI-partisan support.


.

 

[JWBooth]

Impeach Obama?
Repeal the ACA?
Outlaw Hispanics?
Defund the CDC?

The dingle berries forget that the US has become a gargantuan welfare/warfare police state with BI-partisan support.


.

And a teat for every shoat.

 

[Toro]

That's nice but none of it supports your original contention.

Also, I'd disagree that 1980 was worse than 2008. As bad as stagflation was, 2008 could have been The Great Depression 2.0.

You can't read.
"1. Cut tax ratesto restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%."

I remember the Carter years, the gas lines, double digit inflation, etc. What you think could have happened isn't relevant.

Yes, I read it, but he then raised other taxes to partially make up for the revenue shortfall. IIRC, from David Stockman's book - Reagan's budget director - the tax increases raised 50% to 60% of the revenue lost through his tax cuts. So Reagan didn't raise taxes by "a little," as you contend.

And yes, what I think could have happened is entirely relevant. I saw up close what was happening in the money markets in 2008, and it looked like the end of the world. What happened in 08 was a picnic compared to what could have happened, and would have made 1980 look like a picnic. That "you were there" in 1980 (as if you're the only one), doesn't change that.

 

[edthecynic]

There is no capitalism here, Dullard. Try legos or G.I Joe and leave the important stuff to the intelligent folks, please. Thanks.

If, as you claim, we don't have Capitalism in the US, then you can't claim that this country is the greatest in history because of Capitalism!!!!!