Page 13 of 29 FirstFirst ... 3111213141523 ... LastLast
Results 121 to 130 of 286

Thread: Were the Bush Tax Cuts Good for Growth?

  1. #121
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by Grant View Post
    The country was on "sound economic footing" before the entitlement programs began, and politicians began pissing the money away in order to get votes. If Warren Buffet wants to give away money to the politicians in Washington, good for him. But it would be just as insane as Ted Turner giving his money to the United Nations.
    Social Security was in response to the great depression....so the "sound economic footing" you speak of didn't really exist...
    Oracle of Utah
    Truth rings hollow in empty heads.

  2. #122
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by UtahBill View Post
    Social Security was in response to the great depression....so the "sound economic footing" you speak of didn't really exist...
    The country was on sound economical footing following end of WWII and, despite the largest layoff in US history, there was a great deal of prosperity. taxes were low and one working man could own a home and support a family.

    Now people are having fewer children and one middle class man cannot afford to raise a family and afford a home. What changed?

    Entitlements and higher taxes have seen the middle class shrink away, with the majority falling downward. There is too much uncertainty because no one knows what the politicians might do next, because the ideology of America, and what it stood for, has also changed.
    Last edited by Grant; 11-23-10 at 03:15 PM.

  3. #123
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:44 PM
    Lean
    Undisclosed
    Posts
    90,092

    Re: Were the Bush Tax Cuts Good for Growth?

    from Grant

    The country was on sound economical footing following end of WWII and, despite the largest layoff in US history, there was a great deal of prosperity. taxes were low and one working man could own a home and support a family.

    Now people are having fewer children and one middle class man cannot afford to raise a family and afford a home. What changed?

    Taxes were low????? Tax rates coming out of World War Ii through the Fifties were high for the rich. The level of difference between the wealthy was much lower than it is today.

    What changed? Just look at the level of unionized workers across the land when prosperity was riding high and compare it to what has happened to unions over the last twenty years. There is a major part of your answer.

    The fact is this - when we were an agriculturally based economy, a person could be of limited intelligence but still make a decent life on the land. When we made the transition to a manufacturing economy, because of the labor movement, a person could be of limited or average intelligence and make a good living producing things in a plant or factory. Where is there a job in the modern economy for a person with an IQ of 80 to 90 who might be a decent honest and hard working person but is lost in todays market? How many people do we need to say "welcome to Wal Mart" or "do you want fries with that burger" and how much do they earn?

    You asked what changed... and I laid it out for you. I suspect you will not like the answer.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  4. #124
    User
    Join Date
    Nov 2010
    Last Seen
    11-23-10 @ 08:21 PM
    Lean
    Conservative
    Posts
    2

    Re: Were the Bush Tax Cuts Good for Growth?

    no they didint because all the money from the cuts the rich invested in other country's that where more profitable

  5. #125
    Sage

    Donc's Avatar
    Join Date
    Sep 2007
    Location
    out yonder
    Last Seen
    Yesterday @ 08:29 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    9,427

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by Grant View Post
    The country was on sound economical footing following end of WWII and, despite the largest layoff in US history, there was a great deal of prosperity. taxes were low and one working man could own a home and support a family.

    Now people are having fewer children and one middle class man cannot afford to raise a family and afford a home. What changed?

    Entitlements and higher taxes have seen the middle class shrink away, with the majority falling downward. There is too much uncertainty because no one knows what the politicians might do next, because the ideology of America, and what it stood for, has also changed.

    What taxes and entitlements are you talking about? Surely it cant be income taxes and donít call SS an entitlement, since its coming out of my check every time I get paid.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  6. #126
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:56 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,809

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by haymarket View Post
    from Grant




    Taxes were low????? Tax rates coming out of World War Ii through the Fifties were high for the rich. The level of difference between the wealthy was much lower than it is today.

    What changed? Just look at the level of unionized workers across the land when prosperity was riding high and compare it to what has happened to unions over the last twenty years. There is a major part of your answer.

    The fact is this - when we were an agriculturally based economy, a person could be of limited intelligence but still make a decent life on the land. When we made the transition to a manufacturing economy, because of the labor movement, a person could be of limited or average intelligence and make a good living producing things in a plant or factory. Where is there a job in the modern economy for a person with an IQ of 80 to 90 who might be a decent honest and hard working person but is lost in todays market? How many people do we need to say "welcome to Wal Mart" or "do you want fries with that burger" and how much do they earn?

    You asked what changed... and I laid it out for you. I suspect you will not like the answer.
    I actually agree with this comment-being strong and dumb will no longer get you a big paycheck unless you are really strong and athletic and sign with the NFL (though most pro athletes are not morons).

    So tell me what is the solution? taxing the rich isn't going to make dull people able to compete in the modern information age



  7. #127
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:44 PM
    Lean
    Undisclosed
    Posts
    90,092

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by TurtleDude View Post
    I actually agree with this comment-being strong and dumb will no longer get you a big paycheck unless you are really strong and athletic and sign with the NFL (though most pro athletes are not morons).

    So tell me what is the solution? taxing the rich isn't going to make dull people able to compete in the modern information age
    In the modern information age we still need lots of people to produce things. The answer is to produce things here in the USA not outsource jobs elsewhere, to use American labor to do it and to respect the right of labor to organize and negotiate a living wage and something a middle class family can live on.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  8. #128
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:56 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,809

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by haymarket View Post
    In the modern information age we still need lots of people to produce things. The answer is to produce things here in the USA not outsource jobs elsewhere, to use American labor to do it and to respect the right of labor to organize and negotiate a living wage and something a middle class family can live on.
    good luck with ignoring the global economy. a "living wage" is one of those leftwing mantras that sound good to the unlearned and the pillow heads but is meaningless. Wages are designed to obtain the commodity known as labor for companies that need it. If they have to pay more for that commodity (or any commodity-be it labor, steel, energy, IT support etc) than the competition they are going to be at a huge competitive disadvantage.

    to expect American Corporations to be able to compete while being forced to pay MORE for the SAME quality of labor is moronic



  9. #129
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:44 PM
    Lean
    Undisclosed
    Posts
    90,092

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by TurtleDude View Post
    good luck with ignoring the global economy. a "living wage" is one of those leftwing mantras that sound good to the unlearned and the pillow heads but is meaningless. Wages are designed to obtain the commodity known as labor for companies that need it. If they have to pay more for that commodity (or any commodity-be it labor, steel, energy, IT support etc) than the competition they are going to be at a huge competitive disadvantage.

    to expect American Corporations to be able to compete while being forced to pay MORE for the SAME quality of labor is moronic
    If you climb into bed and spread your legs and end up pregnant, its half your own damn fault. There are far too many people on the right wing who suck up to the rich, are sycophants for the corporatists, they are the toadies of this 'global economy' and are enemies of the working man and unions. They are more than happy to commit economic treason against the American people and take their money offshore. And after they do all the damage they can do they then invoke its existence as if they had nothing to do with it and it just sprang up from the ground like a weed.

    The Founding Fathers gave us a method to protect our nation from such a hell.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  10. #130
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 12:05 PM
    Gender
    Lean
    Conservative
    Posts
    67,302

    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by haymarket View Post
    If you climb into bed and spread your legs and end up pregnant, its half your own damn fault. There are far too many people on the right wing who suck up to the rich, are sycophants for the corporatists, they are the toadies of this 'global economy' and are enemies of the working man and unions. They are more than happy to commit economic treason against the American people and take their money offshore. And after they do all the damage they can do they then invoke its existence as if they had nothing to do with it and it just sprang up from the ground like a weed.

    The Founding Fathers gave us a method to protect our nation from such a hell.
    Since when did you ever care about what our Founding Fathers said or did? they also promoted a small central govt, personal responsibility, and built this country on religious principles. The Founding Fathers knew that power corrupts and that is why they put the power in the states with the individuals. Bush tax cuts empowered people and generated strong economic growth. You and others love to point to the low job creation but ignore that Bush job creation was good excluding the recession he inherited and the 2008 which happened with the help of the Democrat Congress. Why don't supporters of Obama get the actual results instead of just selective cherrypicking of data?

Page 13 of 29 FirstFirst ... 3111213141523 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •