View Poll Results: Is the OWS Movement against Capitalism?

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  • Yes

    50 52.08%
  • No

    41 42.71%
  • I don't know

    5 5.21%
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Thread: Is the OWS against Capitalism?

  1. #301
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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by 99percenter View Post
    I agree. Too many tax cuts not enough spending.
    My opinion is less taxes, more tax regulations, and less spending
    "The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all" - Joan Robinson
    "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries" - Winston Churchill

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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by 99percenter View Post
    I agree. Too many tax cuts not enough spending.
    Isn't this (chart below) enough for you?

    What about not trying to spend ourself out of crisis. We did the same in 2001, and is one of the main reasons, the crisis turned so bad, because it inflated the bouble.

    http://www.usgovernmentspending.com/...s1li011mcn_F0t

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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by Camlon View Post
    Isn't this (chart below) enough for you?

    What about not trying to spend ourself out of crisis. We did the same in 2001, and is one of the main reasons, the crisis turned so bad, because it inflated the bouble.

    Government Spending Chart: United States 2000-2015 - Federal State Local Data
    We didn't "spend". We gave tax cuts to the wealthy. And spending when there is a balanced budget and peace and prosperity is bad and thats what bush did. There was no need to do that in 2001.
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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by 99percenter View Post
    We didn't "spend". We gave tax cuts to the wealthy. And spending when there is a balanced budget and peace and prosperity is bad and thats what bush did. There was no need to do that in 2001.
    Actually, Bush gave tax cuts to everyone. Did you forget about that in your zeal to blame the wealthy?
    TANSTAAFL

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    ― Robert A. Heinlein, Beyond This Horizon

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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by 99percenter View Post
    We didn't "spend". We gave tax cuts to the wealthy. And spending when there is a balanced budget and peace and prosperity is bad and thats what bush did. There was no need to do that in 2001.
    We didn't spend?! 2/3 of the stimulus was spending.

    What tax cuts for the wealthy? Bush tax cuts that got extended was a tax cut to everyone, and was not extended in 2009. Most of the tax cuts in the stimlus were given to the middle class, not the rich.

    American left should focus more on fixing the economy, creating a system that can't be corrupted and creating a system where people aren't left behind. Blaming the 1% will not improve the standard of living of the 99%. Taxing them so much that they or their money leave the US won't help either.
    Last edited by Camlon; 12-15-11 at 10:36 AM.

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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by Mycroft View Post
    Actually, Bush gave tax cuts to everyone. Did you forget about that in your zeal to blame the wealthy?
    The tax cuts given to the middle class were negligible compared to the ones given to the wealthy. I hope you knew that.
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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by Proud South Korean View Post
    Sorry, mistaken Ford for GM.
    [...] I'm not inciting class warfare,
    Yea but you may have inciting a gearhead war :P

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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by 99percenter View Post
    The tax cuts given to the middle class were negligible compared to the ones given to the wealthy. I hope you knew that.
    If you would please expand on this thought. My knowledge/research on the BTC's is that the reduction in rates progressively increased from the top bracket to the bottom bracket. Per the IRS data the vast majority of the reduction in $'s came from the middle three quintiles.

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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by 99percenter View Post
    The tax cuts given to the middle class were negligible compared to the ones given to the wealthy. I hope you knew that.
    What's fair is fair, eh? Everyone got a tax cut.

    But...to get back on topic, do you think OWS cares about any of this? Do you think they agree with you that the wealthy are to blame?

    Do you think they are anti-capitalists?

    Do you think they even know what they are?
    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

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    Re: Is the OWS against Capitalism?

    Quote Originally Posted by 99percenter View Post
    The tax cuts given to the middle class were negligible compared to the ones given to the wealthy. I hope you knew that.
    Except they weren't. 75% of the tax cuts was given to the middle class. And the rich increased their share of taxes. You seriously need to stop listening to propaganda.

    But my question to you. Do you think America would work, if you scared all the rich people away? Or their money? You can try to force them to invest in America. There has been countries attempting to work against market forces. Venezuela is a good example. Would you live in Venezuela?

    Also, no country with a welfare state, only tax the rich, and not the middle class. What makes you think America is so different?
    Last edited by Camlon; 12-15-11 at 11:00 AM.

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