JBvM
VIP Member
Sounds like idol worship of a sick ideologyMost of what politicians say is only to be seen and not implemented.
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Sounds like idol worship of a sick ideologyMost of what politicians say is only to be seen and not implemented.
conspiracy theoryYes, and CEO's like Henry Ford own companies like Facebook and Twitter and YouTube who actively censor conservative speech currently.
You mean the national debt? Neither party cares much about that.Do republicans love anything more than adding to the debt? They take such joy in being fiscally irresponsible.Is there anything in this world liberals hate more than a tax cut? They writhe in agony its funny![]()
It's a calculated risk but if GDP growth can be sustained at current levels we can grow our way out of debt. Obamanomics was the worst of all worlds, skyrocketing debt, crippling regulations, increased taxes and anemic growth.We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.
There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.
The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.
See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf
Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.
Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?
Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:
FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion
Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!
And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:
FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.
So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.
As Bill Clinton said, "It's the economy, stupid."
By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.
So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.
But it gets worse. Much worse. You are being even dumber than that.
Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!
It's called misdirection. A classic magician's trick to fool the rubes.
Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.
And so have you.
The stench of hypocrisy is all over you.
not bad. but then you had to add a conspiratorial commentaryIn fact, the Boston Tea party was not over higher taxes for tea. In fact, British East Indies company lowered the cost of tea when they tried to create a monopoly. The issue was corporate control. The British government used the East Indies company to conquer India, they even had their own little army.
Sounds like idol worship of a sick ideologyMost of what politicians say is only to be seen and not implemented.
not bad. but then you had to add a conspiratorial commentaryIn fact, the Boston Tea party was not over higher taxes for tea. In fact, British East Indies company lowered the cost of tea when they tried to create a monopoly. The issue was corporate control. The British government used the East Indies company to conquer India, they even had their own little army.
and most Americans who quote the founding generation do so in ignorance and stupidity. Happy you had a few facts straight
You mean the national debt? Neither party cares much about that.Do republicans love anything more than adding to the debt? They take such joy in being fiscally irresponsible.Is there anything in this world liberals hate more than a tax cut? They writhe in agony its funny![]()
It's a calculated risk but if GDP growth can be sustained at current levels we can grow our way out of debt. Obamanomics was the worst of all worlds, skyrocketing debt, crippling regulations, increased taxes and anemic growth.We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.
There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.
The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.
See for yourself. Here is a history of tax rates: https://files.taxfoundation.org/legacy/docs/fed_individual_rate_history_nominal.pdf
Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.
Now here is a history of federal revenues: Who Really Pays Uncle Sam's Bills?
Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:
FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion
Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!
And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:
FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.
So, clearly, increasing or decreasing tax rates a few points here and there has almost nothing to do with revenues.
As Bill Clinton said, "It's the economy, stupid."
By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.
So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.
But it gets worse. Much worse. You are being even dumber than that.
Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!
It's called misdirection. A classic magician's trick to fool the rubes.
Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.
And so have you.
The stench of hypocrisy is all over you.
Putin made me do it, but only because Kav raped your daughter.conspiracy theoryYes, and CEO's like Henry Ford own companies like Facebook and Twitter and YouTube who actively censor conservative speech currently.
And there you have it. "Our debt is what matters."Here are the US deficits by year: Is the U.S. Budget Deficit Really That Bad?
FY 2009 $1.4 trillion
FY 2010 $1.3 trillion
FY 2011 $1.3 trillion
FY 2012 $1 trillion
FY 2013 $679 billion
FY 2014 $485 billion
FY 2015 $438 billion
FY 2016 $585 billion
FY 2017 $665 billion
FY 2018 $833 billion (est)
FY 2019 $984 billion (est)
As you can plainly see, during the Obama regime, deficits had a downward trend, and during the Trump regime they have an upward trend, with a lot of help by the Republican Congress. Just like deficits had an upward trend the last time a Republican President had a Republican Congress.
Also, Trump's tax "reform" will add $1.5 trillion dollars to our debt. The pseudocons crowed that this giant debt bill would stimulate the economy. It just doesn't get more Keynesian than that.
In fact, the pseudocons have out-Keynesed Keynes! Keynes didn't believe in deficit spending during an up economy. He actually believed we should pay our debt DOWN during an up economy.
So...when did Trump make you pseudocons into uber Keynesians?
Our debt was growing exponentially. The deficit is irrelevant since the govt should be doing without. This just tells me that the govt has a massive budget and needs to reduce it and do more with less. Our debt is what matters. Bush and O ran it up 16 trillion.
If someone were to sum up my more than 75 thousand posts on this forum in five words, it would be, "Our debt is what matters."
Crowing about increased revenues is misdirection. Our federal spending is exploding faster than our revenues. This fact is deliberately kept from the tards by their propagandists.
Our debt is the single greatest threat to our security and our future. Not guns, not gays, not Muslims, not blacks on food stamps, not Mexicans, not abortion.
If we truly and honestly want to Make America Great Again, we absolutely must pay down our debt. Immediately.
What is so fucking maddening to me is that it would be incredibly simple and easy to do.
I don't agree with your conclusions. I see budgets as funding Cost-Deficits and Cost-Benefits. We need a Congress which funds the latter, and shit cans the former.
Actually, you will find you and I are in perfect agreement. See post 44 in this topic.
There's a typo in that transcript.It's been a while since I read IKE's Farewell Address, I suspect most of those members of the USMB have no clue of its meaning, thus, for them and our country, see this:
Our Documents - Transcript of President Dwight D. Eisenhower's Farewell Address (1961)
From the link:
"Crises there will continue to be. In meeting them, whether foreign or domestic, great or small,there is a recurring temptation to feel that some spectacular and costly action could become the miraculous solution to all current difficulties. A huge increase in newer elements of our defense; development of unrealistic programs to cure every ill in agriculture; a dramatic expansion in basic and applied research-these and many other possibilities, each possibly promising in itself, may be suggested as the only way to the road we which to travel.
"But each proposal must be weighed in the light of a broader consideration: the need to maintain balance in and among national programs-balance between the private and the public economy, balance between cost and hoped for advantage-balance between the clearly necessary and the comfortably desirable; balance between our essential requirements as a nation and the duties imposed by the nation upon the individual; balance between action of the moment and the national welfare of the future. Good judgment seeks balance and progress; lack of it eventually finds imbalance and frustration."
IMO IKE was prophetic, and saw the future in which we reside, the chaos of imbalance and frustration; it's time for all of us, Pols and citizens to listen to President Eisenhower from the grave.
Nevertheless, those particular paragraphs you quoted by Ike appear to be heavily influenced by Hayek's The Road To Serfdom. A book I have quoted many times on this forum.
I bet Trump jerks off thinking of his own daughter. He has admitted he sees his own daughter as hot stuff, as a piece of ass, he'd date herPutin made me do it, but only because Kav raped your daughter.conspiracy theoryYes, and CEO's like Henry Ford own companies like Facebook and Twitter and YouTube who actively censor conservative speech currently.
It will be a road to imbecility.I have not read, The Road to Serfdom, but I'll see if it is in the library and maybe it'll be an E-Book.
Don't forget Russian hooker urinating on him.I bet Trump jerks off thinking of his own daughter. He has admitted he sees his own daughter as hot stuff, as a piece of ass, he'd date herPutin made me do it, but only because Kav raped your daughter.conspiracy theoryYes, and CEO's like Henry Ford own companies like Facebook and Twitter and YouTube who actively censor conservative speech currently.
In the former USSR those found with the book "The Road to Serfdom", where rounded up and shot.It will be a road to imbecility.I have not read, The Road to Serfdom, but I'll see if it is in the library and maybe it'll be an E-Book.
So? What's your point?In the former USSR those found with the book "The Road to Serfdom", where rounded up and shot.It will be a road to imbecility.I have not read, The Road to Serfdom, but I'll see if it is in the library and maybe it'll be an E-Book.
actually, Trump paid prostitutes to piss on a bed the Obama's were said to have slept in..Don't forget Russian hooker urinating on him.Me said:I bet Trump jerks off thinking of his own daughter. He has admitted he sees his own daughter as hot stuff, as a piece of ass, he'd date her
Follow the talking points please.
Yes, as long as the right wing is going to complain about social services.A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed, instead of means tested welfare, would be an improvement. The right wing doesn't like it, Because the Poor may benefit.Red herrings only, but insist, learning how to fish is important, right wingers?The only way we will grow our economy at a healthy rate is to bring in a lot of immigrants. Another fact kept from pseudocons by their propagandists.
Our birth rate is now below 2. It is at a 30 year low.
To grow an economy, you have to grow your population. Our birth rate is below the replacement rate.
So...we need immigrants. A lot of them.
That's what made America great in the past. That's what will make us great again.
So let me get this straight, the US needs more people so they should bring in strangers from another country rather than choose to raise their own offspring by aborting them by the millions?
Sounds about right.
Unfilled jobs cost the U.S. economy $160 billion a year
Red herring? But I thought Americans needed more people.
To date, over 50 million have been aborted since Roe vs. Wade. My guess is that that number is much higher.
And guess the number one reason mothers kill their offspring. It's because of financial concerns because kids are expensive and time consuming.
Then in their next breath, after murdering their child these liberal dead heads will advocate millions of uneducated illegal immigrants to come in and go on welfare that cost the US hundreds of billions of dollars a year?
The pitiful aspect of all this is that those half wit dead headed liberals are probably happier with darker skinned people in the country rather than the white skin they have and seem to detest.
Sick bunch.
Is forcing people to only work for a certain amount of money a good thing?
So let's say I'm poor and want a job and am willing to work for below minimum wage. Is it better not to be making any money than to make the money you sneer at? I don't see the logic. They should have that freedom until something better comes along. No one is holding a gun to their head, and society benefits as well.
There are many assumptions here. You are assuming that the person earning the money has "X" number of expenditures to pay when maybe they do not. Take a high school student or college student or retired person. They may not need all that money to pay a mortgage/rent and car. What they earn is mad money for them, more than for the person on minimum wage who has no mad money and can't often pay for what they do need.
Increasing wages only increases costs. It's like chasing your tail and sends jobs overseas.
Why is it Progs are so bent out of shape about jobs going over seas but have no problem with illegals coming in to take jobs from Americans?
Again, the looney Left is insane.
Maybe to you.We've all heard the pseudocon Rube Herd parrot the meme that "tax cuts increase revenues". They get this meme from their propagandists and then repeat it unthinkingly.
There are two key facts which expose the lie hidden in that meme. First, the obvious fact is that if you lower tax rates all the way to zero, you have zero revenues. So at some point, tax cuts fail to increase revenues.
The second fact is one which their propagandists deliberately keep from the rubes. This is a deliberate omission, and therefore a deliberately crafted lie. And that fact is that revenues have also increased after a tax INCREASE.
See for yourself. Here is a history of tax rates
Notice how tax rates increased under Bill Clinton in 1993. The top marginal rate increased from 31 percent to 39.6 percent, and stayed that way until 2001.
Now here is a history of federal revenues:
Notice how tax revenues INCREASED after the tax rates went UP a whopping 8.6 points:
FY 1991 - $1.05 trillion.
FY 1992 - $1.09 trillion.
FY 1993 - $1.15 trillion.
FY 1994 - $1.26 trillion.
FY 1995 - $1.35 trillion.
FY 1996 - $1.45 trillion.
FY 1997 - $1.58 trillion.
FY 1998 - $1.72 trillion.
FY 1999 - $1.82 trillion.
FY 2000 - $2.03 trillion
Just a few years after Clinton's tax increase, federal revenues had DOUBLED!!!
And after the Bush tax cut expired on the top marginal rate in 2013, federal revenues continued to increase:
FY 2012 - $2.45 trillion.
FY 2013 - $2.77 trillion.
FY 2014 - $3.02 trillion.
FY 2015 - $3.25 trillion.
FY 2016 - $3.27 trillion.
FY 2017 - $3.32 trillion.
By the way, job growth exploded during the higher tax Clinton years. 30 million jobs in 8 years, with less than 5 percent unemployment.
So the next time you are crowing about the current tax rate increasing revenues, you should know your propagandists are counting on you not looking beyond the carefully framed numbers they present to your dumb ass.
Because while your pseudocon propagandists are crowing about revenues, they are counting on you not noticing that despite increased revenues, your party and your President are EXPLODING our deficits!
It's called misdirection. A classic magician's trick to fool the rubes.
Trump is on track to blow Obama's debt record wide open. And after whining and whining and whining and whining non-stop for eight years about Obama's spending, your propagandists have gone dark.
And so have you.
The stench of hypocrisy is all over you.
By that logic, reducing spending to zero would no longer increase debt to begin with. Which is superior as an extreme?
Reducing revenue does not increase debt. Only spending does.
It is below the highs of January....Most of them.Stocks are below where they were in January...It turns out all those corporations who received a big cash windfall from their tax cuts used that money to do stock buybacks instead of trickling it down to their workers.
That's awful!!
I hate it when my stocks increase in price.
Which ones?
Not sure if you're lying or ignorant.
I am sure that you're wrong.
Our stock market is higher now than it was in January.