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Thread: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Catawba View Post
    Math is the answer.

    "In 1983, the richest 1 percent of Americans got 11.6 percent of total income. Today the top 1 percent takes in more than 20 percent."
    Robert Reich: Budget Baloney: Why Social Security Isn't a Problem for 26 Years, and the Best Way to Fix It Permanently

    You can't get blood from a turnip.

    If the government would loosin it's grip on the private sector, those numbers wouldn't be so lop-sided. Ultimately, the only thing that's changed since 1983, is that we have more government.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by apdst View Post
    If the government would loosin it's grip on the private sector, those numbers wouldn't be so lop-sided. Ultimately, the only thing that's changed since 1983, is that we have more government.
    What do you think has been happening since 1983? It's called Reaganomics and it has failed. Doubling down on a failed policy is lunacy.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by apdst View Post
    If the government would loosin it's grip on the private sector, those numbers wouldn't be so lop-sided. Ultimately, the only thing that's changed since 1983, is that we have more government.
    You forgot about the 3 decades of trickle down economics, spending as much on the military than the rest of of the world combined, and the rich we gave tax cuts to for job creation creating those jobs in other countries.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Catawba View Post
    You forgot about the 3 decades of trickle down economics, spending as much on the military than the rest of of the world combined, and the rich we gave tax cuts to for job creation creating those jobs in other countries.
    But...but...but...government spending creates jobs!

    Y'all need to be more consistant with the parrotted talking points.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by apdst View Post
    But...but...but...government spending creates jobs!

    Y'all need to be more consistant with the parrotted talking points.
    Not the way Republicans do it. They have a knack for wastng money without creating or benefiting anything. That expalins their love of the defense industry.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by iguanaman View Post
    What do you think has been happening since 1983? It's called Reaganomics and it has failed. Doubling down on a failed policy is lunacy.
    So, government confiscation of wealth is your answer? That failed in The Soviet Union, Cuba, all over Europe--Spain, Greece. etc.

    The lunacy is the notion that the government can do a better job of creating wealth than the private sector.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by iguanaman View Post
    What do you think has been happening since 1983? It's called Reaganomics and it has failed. Doubling down on a failed policy is lunacy.
    Is that Kool Aid good? Here is an article for you to read and hopefully learn from.

    Reaganomics Vs. Obamanomics: Facts And Figures - Forbes
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Catawba View Post
    You forgot about the 3 decades of trickle down economics, spending as much on the military than the rest of of the world combined, and the rich we gave tax cuts to for job creation creating those jobs in other countries.
    Who gives a crap what the rest of the world spends, and why exactly should that dictate our defense spending?
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by j-mac View Post
    Is that Kool Aid good? Here is an article for you to read and hopefully learn from.

    Reaganomics Vs. Obamanomics: Facts And Figures - Forbes
    “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."

    This quote faiils to mention that $40 trillion of that net worth went to the top 5% because of Reaganomics and low tax rates on the wealthy. That is exactly the proble we have now. Too much money at the top and nothing for the rest of us. That is the real legacy of Reganomics and we must reverse that trend or perish.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by apdst View Post
    But...but...but...government spending creates jobs!

    Y'all need to be more consistant with the parrotted talking points.
    The thing is, jobs that are beneficial to our economy, are a much better option. The almost decade long GOP war in Iraq was a total drain on our economy without benefit.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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