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Thread: Wisconsin Republicans vote to strip public worker collective bargaining rights withou

  1. #1021
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    Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Comon Prof, speak to me in your own words... are you pouting or something?Did i do something to offend you? Comeon prof, lets hear some words of wisdom,not just links.
    I am a man of fixed and unbending principles, the first of which is to remain flexible at all times.

    Sen. Everett Dirksen.

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    Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    The New Tax Deal: Reaganomics Redux

    "More than thirty years ago, Ronald Reagan came to Washington intent on reducing taxes on the wealthy and shrinking every aspect of government except defense.

    The new tax deal embodies the essence of Reaganomics.

    It will not stimulate the economy.

    A disproportionate share of the $858 billion deal will go to people in the top 1 percent who spend only a fraction of what they earn and save the rest. Their savings are sent around the world to wherever they will earn the highest return.

    The only practical effect of adding $858 billion to the deficit will be to put more pressure on Democrats to reduce non-defense spending of all sorts, including Social Security and Medicare, as well as education and infrastructure.

    It is nothing short of Ronald Reagan's (and David Stockman's) notorious "starve the beast" strategy.

    In 2012, an election year, when congressional Democrats have less power than they do now, the pressure to extend the Bush tax cuts further will be overwhelming.

    Worse yet, the deal adds to the underlying structural problem that caused the Great Recession in the first place.

    Since Ronald Reagan was president, median hourly wages have barely budged, and America's vast working and middle classes have taken home a steadily smaller share of the nation's income (adjusted for inflation). The typical male worker today is earning less than the typical male worker thirty years ago.

    Yet the richest 1 percent of Americans is now taking home a larger percentage of the nation's income than at any time since 1928. And we recall what happened in 1929.

    Unless the vast majority of Americans has enough purchasing power to keep the economy going without going ever more deeply into debt, the economy will eventually go over a cliff.

    That's what happened. By the late 1990s the middle and working classes could keep spending -- and thereby keep the economy moving -- only by adding debt. This strategy ended when the housing bubble burst in 2007.

    Without their spending, there can be no buoyant recovery.

    Yes, the pending tax bill will give America's middle and working classes slightly more cash next year. But only for one year. They won't spend it. They'll use it to help pay down their debts.

    Will lower taxes on the rich spur them to create more jobs? Not a chance. Since 1980, Reagan's supply-siders have said lower taxes on the rich will trickle down to everyone else. Nothing could be further from the truth.

    Look at history.

    During the almost three decade spanning 1951 to 1980, when the top rate was between 70 and 92 percent, the average annual growth in the American economy was 3.7 percent.

    Between 1983 and the start of the Great Recession, when the top rate ranged between 35 percent and 39 percent, average growth was 3 percent.

    Supply-siders are also fond of claiming that Ronald Reagan's 1981 tax cuts caused the 1980s economic boom. There is no evidence to support this claim. In fact, that boom followed Regan's 1982 tax increase. The 1990s boom likewise was not the result of a tax cut; most of it followed Bill Clinton's 1993 tax increase.

    Nor did George W. Bush's tax cuts trickle down. Between 2002 and 2007 the median wage actually dropped. And Bush's record of job creation was pathetic relative to Bill Clinton's, when taxes were higher. Under Clinton, America added 22 million net new jobs. Under Bush, barely 8 million.

    So why are Democrats voting for Reaganomics?

    They say they have no choice -- either vote for this or watch taxes rise on everyone starting January 1.

    That Democrats have allowed themselves to get into this fix is a testament to either their timidity, obtuseness, or dependence on the campaign contributions of those at the top."

    Robert Reich: The New Tax Deal: Reaganomics Redux
    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: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Do not ever quote Robert Reich. He's the most ridiculous excuse for an economics analyst in the history of mankind.

    And Reaganomics worked brilliantly for those who worked hard, stayed in school, and didn't father five kids with three different women. The growth of the lower class has been spawned by personal irresponsibility and the Democrats insistence on creating a government-dependent voting bloc.

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    Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    robert reich---LOL!

    meanwhile:

    Obama Calls Tax Cuts the 'Right Thing to Do'

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    Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Quote Originally Posted by Erod View Post
    Do not ever quote Robert Reich. He's the most ridiculous excuse for an economics analyst in the history of mankind.

    And Reaganomics worked brilliantly for those who worked hard, stayed in school, and didn't father five kids with three different women. The growth of the lower class has been spawned by personal irresponsibility and the Democrats insistence on creating a government-dependent voting bloc.
    Yeah its working perfectly. A 14.2 trillion dollar debt and 1 in 7 American are now poor!

    Poverty Rate Climbs in Recession, One in Seven Now Poor
    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: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Quote Originally Posted by donc View Post
    I can guarantee that the lady involved Union dues wasn't used for political purpose.It is a separate PAC and the money donated to the PAC is on a voluntarily basis.
    Really, then how do you explain this?

    Buck wrote My wife belong to a union, and would fall under this category. To opt out of a portion of the dues (the portion used for political contributions) you have to write a letter (has to be handwritten) to request the necessary form. She's written two letters to request the necessary documents and both were ignored. I have a feeling this is probably on purpose.

    Apparently you have to opt out and it's not an easy process.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

  7. #1027
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    Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Quote Originally Posted by Catawba View Post
    Yeah its working perfectly. A 14.2 trillion dollar debt and 1 in 7 American are now poor!

    Poverty Rate Climbs in Recession, One in Seven Now Poor
    And Obama is responsible for nearly half of that debt in his two short years...Good Job!


    j-mac
    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: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Quote Originally Posted by EarlzP View Post
    Please tell me did she quit her position in protest?

    She's probably the type of teacher who wouldn't let her students down that easily. I also bet she didn't skip school to protest either.
    Here's part of her letter to the editor. Hopefully her husband and others like him can stop this crap of using their money to support politicians they don't support.
    Attack ads a new low, even for the OEA - MariettaTimes.com | News, Sports, Jobs, Ohio, Community Information - The Marietta Times
    Teachers should be free to spend their hard-earned dollars to contribute to the candidates and causes they actually support. The OEA and its parent organization, the NEA, refuse to acquiesce because they have an obvious agenda. After all, as the general counsel for the NEA once said in federal court, "if you take away payroll deduction, you won't collect a penny from these people, and it has nothing to do with voluntary or involuntary. I think it has to do with the nature of the beast, and the beasts who are our teachers ... (They) simply don't come up with the money regardless of the purpose." Teachers, this is what your union thinks of you.
    Andy will support a paycheck protection law that prevents teachers' union dues from being used for political propaganda without written permission. The Ohio legislature passed this legislation twice before but the previously liberal Ohio Supreme Court overturned the will of the people. I am hopeful that Andy and a newly elected Conservative majority in the Ohio House can protect the rights of teachers in this state to keep their money from funding the political agenda of any organization without their approval.
    Jade Thompson
    Catawa is my favorite bleeding heart liberal.
    1/27/12

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    Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Quote Originally Posted by randel View Post
    what you advocate is like that restaurant owner in ohio tried to pull before the last elections...put that little note with the paycheck kinda hinting at who they should vote for if they wanted to keep their jobs....no conservative, it is wages earned, these workers provide a service for the tax payers, of which they also are. ....without them, government doesnt function. what they earn is their own, and regardless of the source, is theirs to spend as they please...drop your bs argument, you have no right telling anyone that because they work for 'A', that they can't spend their money on 'B'. seriously, who the hell do you think you are to dictate terms to people on how they can spend their income?
    You're failing to address the fact that the Union workers don't always have their dues spent the way they would like them spent. Would you like your dues to go to ...let's say....Sarah Palin's campaign? Or an attack ad on Obama?
    Catawa is my favorite bleeding heart liberal.
    1/27/12

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    Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi

    Quote Originally Posted by Catawba View Post
    The New Tax Deal: Reaganomics Redux

    "More than thirty years ago, Ronald Reagan came to Washington intent on reducing taxes on the wealthy and shrinking every aspect of government except defense.

    The new tax deal embodies the essence of Reaganomics.

    It will not stimulate the economy.

    A disproportionate share of the $858 billion deal will go to people in the top 1 percent who spend only a fraction of what they earn and save the rest. Their savings are sent around the world to wherever they will earn the highest return.

    The only practical effect of adding $858 billion to the deficit will be to put more pressure on Democrats to reduce non-defense spending of all sorts, including Social Security and Medicare, as well as education and infrastructure.

    It is nothing short of Ronald Reagan's (and David Stockman's) notorious "starve the beast" strategy.

    In 2012, an election year, when congressional Democrats have less power than they do now, the pressure to extend the Bush tax cuts further will be overwhelming.

    Worse yet, the deal adds to the underlying structural problem that caused the Great Recession in the first place.

    Since Ronald Reagan was president, median hourly wages have barely budged, and America's vast working and middle classes have taken home a steadily smaller share of the nation's income (adjusted for inflation). The typical male worker today is earning less than the typical male worker thirty years ago.

    Yet the richest 1 percent of Americans is now taking home a larger percentage of the nation's income than at any time since 1928. And we recall what happened in 1929.

    Unless the vast majority of Americans has enough purchasing power to keep the economy going without going ever more deeply into debt, the economy will eventually go over a cliff.

    That's what happened. By the late 1990s the middle and working classes could keep spending -- and thereby keep the economy moving -- only by adding debt. This strategy ended when the housing bubble burst in 2007.

    Without their spending, there can be no buoyant recovery.

    Yes, the pending tax bill will give America's middle and working classes slightly more cash next year. But only for one year. They won't spend it. They'll use it to help pay down their debts.

    Will lower taxes on the rich spur them to create more jobs? Not a chance. Since 1980, Reagan's supply-siders have said lower taxes on the rich will trickle down to everyone else. Nothing could be further from the truth.

    Look at history.

    During the almost three decade spanning 1951 to 1980, when the top rate was between 70 and 92 percent, the average annual growth in the American economy was 3.7 percent.

    Between 1983 and the start of the Great Recession, when the top rate ranged between 35 percent and 39 percent, average growth was 3 percent.

    Supply-siders are also fond of claiming that Ronald Reagan's 1981 tax cuts caused the 1980s economic boom. There is no evidence to support this claim. In fact, that boom followed Regan's 1982 tax increase. The 1990s boom likewise was not the result of a tax cut; most of it followed Bill Clinton's 1993 tax increase.

    Nor did George W. Bush's tax cuts trickle down. Between 2002 and 2007 the median wage actually dropped. And Bush's record of job creation was pathetic relative to Bill Clinton's, when taxes were higher. Under Clinton, America added 22 million net new jobs. Under Bush, barely 8 million.

    So why are Democrats voting for Reaganomics?

    They say they have no choice -- either vote for this or watch taxes rise on everyone starting January 1.

    That Democrats have allowed themselves to get into this fix is a testament to either their timidity, obtuseness, or dependence on the campaign contributions of those at the top."

    Robert Reich: The New Tax Deal: Reaganomics Redux
    So, what should have been done? Give tax cuts to people who don't even pay taxes, to begin with?

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