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Thread: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by iguanaman View Post
    Follow the Constitution? Where does it say that shutting down the govt. when you don't get what you want is a tactic?
    You'll need to ask Harry and the President that question. Have you?
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by AlabamaPaul View Post
    What are your thoughts on tariffs and excise taxes versus income based taxation?
    They are both flawed in the sense that they don't respect property.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Kushinator View Post
    Do you understand why balancing the budget in 2009 would lead to depression? If not, i will explain it to you (which should be a fruitful exercise for those who are not informed on this subject).
    Dependence.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Kushinator View Post
    Do you understand why balancing the budget in 2009 would lead to depression? If not, i will explain it to you (which should be a fruitful exercise for those who are not informed on this subject).
    That's what I like about you. You are the eternal optimist. I doubt it will be fruitful.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by iguanaman View Post
    LOL and Conservatives only believe lies. Because only with lies can they justify any of their positions. Facts have a liberal bias after all.
    The only people that believe facts have a liberal bias are liberals. Guess who else believes facts have bias towards what they believe? Everyone.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Henrin View Post
    They are both flawed in the sense that they don't respect property.
    How so? Tariffs do not affect one's property, and excise taxes only are intended to deter behavior, not prohibit it...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Kushinator View Post
    Wow....

    Inflation is the result of growth in output exceeding growth in productivity. In the real world productivity and output are dynamic variables. Meaning, output can fall by 1%, but if productivity falls by 2%, there will be inflation. Or, output can increase by 5%, but productivity can stay stagnant, leading to inflation. Learn the difference between a function and an equation before using algebra as your basis for analysis.

    Inflation is entirely and everywhere a monetary phenomenon, in the long run (thanks Milton!). In the short run, it is determined exclusively by the dynamics of supply and demand.
    You've got to do a better job defining output for that to make sense. Traditional definitions of Output and Productivity are inter-dependant quantities. Do you see what I'm getting at?

    You're totally right that long term inflation is essentially a monetary phenomenon, but even that is difficult to quantify.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by AlabamaPaul View Post
    What are your thoughts on tariffs and excise taxes versus income based taxation?
    Tarrif and excise revenue has a ceiling that is not capable of fully funding the world superpower. Besides, you would have to legalize all drugs (for which many are illegally imported) and assume something like a trillion dollars is realized annually from the sales. Imports (about $2.5 trillion) + excise (lets say another trillion) + drugs gives you a theoretical/hypothetical revenue base of less than $5 trillion. Now the biggest concern is the tax elasticity of the subclasses, e.g. how much will heroin sales or hooker sales decline if taxes are raised x% or how many Mercedes will be purchased if EU goods are taxed y%.

    If you could somehow extrapolate $2.5 trillion in tax revenue from imports and excise, would you consider that enough?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Mithros View Post
    You've got to do a better job defining output for that to make sense. Traditional definitions of Output and Productivity are inter-dependant quantities. Do you see what I'm getting at?
    Yes, the accounting necessary to aggregate is in identity form. That still does not negate the relationship between economic growth (employment, credit, policy, etc...) and productivity (agency, management, input factors, etc...) being a multi-dimensional paradigm which primarily determine inflation.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by Kushinator View Post
    Tarrif and excise revenue has a ceiling that is not capable of fully funding the world superpower. Besides, you would have to legalize all drugs (for which many are illegally imported) and assume something like a trillion dollars is realized annually from the sales. Imports (about $2.5 trillion) + excise (lets say another trillion) + drugs gives you a theoretical/hypothetical revenue base of less than $5 trillion. Now the biggest concern is the tax elasticity of the subclasses, e.g. how much will heroin sales or hooker sales decline if taxes are raised x% or how many Mercedes will be purchased if EU goods are taxed y%.

    If you could somehow extrapolate $2.5 trillion in tax revenue from imports and excise, would you consider that enough?
    You're forgetting the need/desire of individuals to fulfill their wants, and that would promote domestic production, thus employment and more consumption of domestically produced goods...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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