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Thread: Census finds record gap between rich and poor

  1. #531
    warrior of the wetlands
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Whovian View Post
    wait.. I thought liberals thought the rich were always to blame... now it's the poor?
    the dem rich have created a system that saps ambition from the poor

    In the feudal period through the early industrial age- religion was the opiate of the masses. now its welfare and entitlements



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    tax hikes are even less effective in creating jobs (except perhaps for government employees)
    Taxes do little to impact the number of employees... income tax cuts for businesses only impact retained earnings or dividend receipts, and payroll expenses are tax deductible. Tax cuts to sales taxes would do more to lower costs per unit of production than income tax cuts, therefore allowing workers to be paid more per unit of production.

  3. #533
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    the dem rich have created a system that saps ambition from the poor

    In the feudal period through the early industrial age- religion was the opiate of the masses. now its welfare and entitlements
    Nice communist quote..

  4. #534
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by SheWolf View Post
    Nice communist quote..
    More like the great English author and poet William Blake



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    More like the great English author and poet William Blake
    More like John Birch

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by SheWolf View Post
    Tax cuts don't create jobs... Demand in the economy creates jobs
    More cash flow and confidence in the private sector creates demand. That cash flow and confidence can't exist if people are worried about the government taking their money.
    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.

  7. #537
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by JakeFromWI View Post
    Wall Street is doing great because America is not hiring. Or America is not hiring so Wall Street will do great.

    Corporate America's bottom line is that - the bottom line. How to increase profit margins for those who own the business. Sometimes that means cutting jobs. Big government what?

    Factories close because of labor unions and taxes is the vibe I'm getting here. They cut jobs because of growing health care costs. Because of growing shipping costs and environmental regulations.

    They all have one thing in common - they eat into the profit margin. American workers are expensive. How come no one can just admit they are greedy. It is nobody's fault but those responsible for hiring.

    We had a lower unemployment rate in 1960 (5.5%) when the government controlled rail, truck and shipping routes. When it regulated the price of natural gas and stockbrokers' commissions. It regulated the interest rates that could be paid on checking accounts. It told most farmers how much they could grow of what commodity. It regulated what kind of political and religious comment could be expressed on the airwaves. And selective service was still not quite selective.

    That sounds like big government.

    Unemployment was 5.5%
    How do you explain Wall Street doing well a few years ago when unemployment was at 5%?

    The government can't create jobs. I would think that people would have figured that out, by now.
    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.

  8. #538
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    How do you explain Wall Street doing well a few years ago when unemployment was at 5%?

    The government can't create jobs. I would think that people would have figured that out, by now.
    So the 2 million people who work for the federal government don't count. As a matter of fact, let's cut thier jobs and flood the private sector that won't hire even more.
    and so it goes...

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by JakeFromWI View Post
    So the 2 million people who work for the federal government don't count. As a matter of fact, let's cut thier jobs and flood the private sector that won't hire even more.
    No, they do not count as the government creating jobs, because the money came from the private sector, in the form of taxes, to pay their salaries. Ultimately, those jobs wouldn't exist without private sector money, therefore the government can't create jobs, can't create wealth and can't fix the economy by taking more money out fo 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.

  10. #540
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    Re: Census finds record gap between rich and poor

    So when it leaves the private sector and enters the hands of the government workers. They don't spend that money is what your saying? They'd be better for the economy if they were unemployed? Simple logic dude.
    and so it goes...

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