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SOTU Address:[W: 378; 1310; 1451]

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The best thing was the $9 an hour thing. It would be a huge deal on several levels.

If $9 is a huge deal, imagine how humungous $100/hour could be.
 
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Minimum wage is a meaningless issue. Less than 1% of workers make it, and those who do are mainly young entry level workers. It cost the Democrats nothing to talking about it, and gains votes with bleeding heart liberals who think that everyone but them must be earning while trying to feed children and puppies.

Characteristics of Minimum Wage Workers: 2011
 
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Obama would have been more honest had he proposed a maximum wage. I imagine that would be about - yep - $9.00 per hour. When the minimum and the maximum are the same, why we've achieved equality of outcome. Of course, the fact that I eat bon bons for $9/hr may bother those who shovel BS for $9/hr...
 
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You said Democrats "jacked up corporate taxes to the highest level worldwide", so I ask you, did GWB do anything to make our corporate taxes something other than the highest worldwide?

I DID? Please point it out!
 
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It would crowd out minorities and young people trying to enter the Labor Market. It would be a horrible thing .The minimum wage is not supposed to be a "living wage"It is supposed to be an entry level wage for young people entering the labor market who have no skills and no experience


Tell that to the people all over the USA who have and are raising families on minimum wage jobs.

"What goes around, comes around."



"Republicans have been accused of abandoning the poor. it's the other way around. They never vote for us." ~ Dan Quayle
 
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I DID? Please point it out!

So how come American corporate taxes are still highest in the world, and how come the rates are exactly where they were when Bush came into office, and how come the only changes made were specific new complexities that most small and medium cannot take advantage of?

A corporate giveaway to political contributors is still a corporate giveaway to political contributors, even if you do it in the tax code.

Lower the rate, eliminate some of the giveaways and complexities and allow American business to thrive.

That is what Obama has asked Congress to pass.

That is not what Bush and the GOP pushed through.
 
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If you'd prefer, we could focus on Rubio's lies and exaggerations.
Marco Rubio response fact check - POLITICO.com

LOL I just have to ask, do you actually READ the links you include??? Politico "fact checking".....that's a surefire oxymoron. Then you read the actual article and it's so illogical it's hilarious. More blather for low information voters.
 
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Lefty myths of our time: why Henry Ford's 'pay rise' for workers undermines the Living Wage campaign – Telegraph Blogs

Ford didnt raise his wage for charity or so his workers could buy his cars. He did it to stop them from quitting and having to retrain new workers.

Not so fast. Henry Ford was not like corporate executives today, he believed in paying a living wage.


"There should be no unemployment. There is large percentage of labor now which cannot make a living because wages are not high enough. That is industry's 2nd job. 1st job is to make good product. 2nd pay a good wage."
Henry Ford 7/28/1936
 
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Not so fast. Henry Ford was not like corporate executives today, he believed in paying a living wage.


Henry Ford 7/28/1936

Sounds like corporate spin to me. Fords were not good products. The were mass manufactured with poor quality to be cheap. He paid less than other companies to keep them cheap. This caused people to quit and Ford having to pay more to hire new ones. Raising the wage saved him money and stole workers from his competitors. Thus his goal was profit. He would have paid them less if they were willing to work for it.

And we didnt even talk about the requirements to get this bonus wage, which were visits from the company to ensure the workers house was kept up to Fords family values.
 
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So how come American corporate taxes are still highest in the world, and how come the rates are exactly where they were when Bush came into office, and how come the only changes made were specific new complexities that most small and medium cannot take advantage of?

A corporate giveaway to political contributors is still a corporate giveaway to political contributors, even if you do it in the tax code.

Lower the rate, eliminate some of the giveaways and complexities and allow American business to thrive.

That is what Obama has asked Congress to pass.

That is not what Bush and the GOP pushed through.

AH, so you failed to provide evidence requested to support your false accusation...there is a word for such actions.
 
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Well, what I look forward to is......

" oh, it was last night, you say?"


Never mind...........
 
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Sounds like corporate spin to me. Fords were not good products. The were mass manufactured with poor quality to be cheap. He paid less than other companies to keep them cheap. This caused people to quit and Ford having to pay more to hire new ones. Raising the wage saved him money and stole workers from his competitors. Thus his goal was profit. He would have paid them less if they were willing to work for it.

And we didnt even talk about the requirements to get this bonus wage, which were visits from the company to ensure the workers house was kept up to Fords family values.

So, when I show that you lied about Henry Ford and his views on business, which I backed up with a quote, your response is to then make up more lies from you own mind, then pull these lies out of your ass and post them as facts. Then to make matters worse, you attack the product that Ford makes because you don't like his belief that labor should be paid a decent wage.

It wasn't that long ago that right-wingers was praising Ford for not taking government money. I guess you don't remember this.
 
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AH, so you failed to provide evidence requested to support your false accusation...there is a word for such actions.

What false accusations do you perceive that I have made?

You provided the evidence that what you called Bush/Republican corporate tax cuts, and I have called these what they are, specific corporate giveaways with no reduction in either the corporate tax rate or the complexity.

You do understand that complexity is regulatory capture of the tax code by the largest companies, it benefits those that have massive accounting departments and lobbyists, at the expense of smaller companies that do not. This is how some of the largest companies in the world can show billions in profits and pay no corporate taxes, while much smaller companies pay far closer to the marginal rate.

What is it you would like to see?
 
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This State of the Union Address really just hammered down everything I despise about Obama in a neat little package. He's an overly cocky, egotistical populist, who gets by more on the cult of personality surrounding his status as the "first black president" than the merit of his leadership abilities.

As if that weren't enough, the whole "the economy isn't really important, guns are bad" focus he chose for the speach was an outright slap in the face for all of the millions of unemployed college grads like myself who are struggling to get by in the cluster**** of an economy he's run for the last four years. The overwhelming message I've gotten out of his administration is that he basically feels that we can just be left to rot so long as he gets the gun control and healthcare policies he wants.

Believe it or not, while I have never been an Obama supporter, I did hold out hope for a brief window back in 2008 that he "might not be all that bad." Afterall, I reasoned, "there's no way he could be dumb enough to push for a European style welfare state in the midst of the worst economic downturn since the Great Depression."

Needless to say, those days are long gone. :roll:
 
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Wow, talk about dishonesty.

You get to deduct expenses.

If I move a company from iowa to Illinois, I can deduct those expenses.

If I move from Iowa to China, I also can deduct those expenses.

This is not a tax break for moving overseas, this is a tax break because expenses were incurred, and we only tax profits.

I’m going to assume the saving in labor costs more than makes up the increased moving expense however, which makes such a move economically feasible. This means the move was done to increase profits, which will ultimately increase taxes.

So it is slightly more accurate – albeit still dishonest – to call this entire situation a tax penalty for moving jobs overseas.
 
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What false accusations do you perceive that I have made?

For your convenience:

You said Democrats "jacked up corporate taxes to the highest level worldwide", so I ask you, did GWB do anything to make our corporate taxes something other than the highest worldwide?
I DID? Please point it out!

To your point, your implication was that Republicans when ‘in power’ did nothing to address corporate taxes to which I provided evidence that countered your implication. Yes, it did further complicate the current tax code…but consider the President in the SOTU declared a goal to simplify the tax code including reducing loopholes (which again he had a DC majority in ’08-’10) and has yet to do…and also which is what Romney ran on and POTUS and his minions attacked him on, specifically on his ‘non-specifics’ which POTUS is currently precisely guilty of…hypocrisy anyone?
 
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Its funny now to see conservatives rail against tax reform since they have been saying that's what is needed for the last 4 years.
 
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Its funny now to see conservative rail against tax reform since they have been saying that's what is needed for the last 4 years.

What is funny are liberals like you who continue to buy the Obama rhetoric and ignore the Obama results and actions. Actions always speak louder than words and we have a President great on rhetoric and very poor on performance. Keep buying the rhetoric and see where that gets you.

For those with an open mind, here is a good analysis of the Obama speech and actually pointing out the lies.

What we have today are the very poorly informed who buy the rhetoric.


State of the Union 2013 - YouTube
 
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I'll be upfront with you. I don't like Obama and I disagree with many of his purported policies. But I did agree with 2 things he said last night.

1) Minimum wage. First, not that many people are getting less than $9 an hour anyway. The least anybody is making is $7.25 and many states are higher than that anyway. So, realistically, there are a few million workers making less than $9, so they'll get a $1 raise. Any business that can't afford another $8 a day isn't much of a business. I've been self-employed for about 45 years and I never once paid minimum wage. I'd frankly be embarrased to and I ask for loyalty and dedication so I'm not going to not be at leastt 20% above minimum.

So, I feel this is not harmful at all and nobody can survive on less than $9. The only ones who get this "raiuse" are people that actually have a job. Not parasites - workers.

2) Manufacturing development labs - This is one of my ideas and I feel Obama should pay ME for suggesting this years ago. Developing new products and licensing them to IS manufacturers and making them in the US is a wise, and not excessive, investment. Look how many things NASA invented as a by-product of the space program! The USG will probably turn a profit on the patents and stuff will get invented that private industry hasn't gotten to yet. This makes America stronger. It will also train new engineers who can then go with their inventions to whomever buys the license. In the end, it costs probably zero and we need to get back ahead of China, Korea and Japan etc. in new technology.

Just because Obama is wrong about many things doesn't mean he's wrong about everything. I wish he had more good ideas. But I will support what is good, I want America to succeed. He;s already elected - lets get the best possible from him. Don't you think that's wisest?






And businesses have to make a profit....

The increased expenses in wages would be offset by an increase in prices.

The rest of us would wind up paying more.

In addition, with all the money that's been printed, inflation, which is already going to take off when the banks start lending again and it "gains velocity," will REALLY take off.
 
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For your convenience:



To your point, your implication was that Republicans when ‘in power’ did nothing to address corporate taxes to which I provided evidence that countered your implication. Yes, it did further complicate the current tax code…but consider the President in the SOTU declared a goal to simplify the tax code including reducing loopholes (which again he had a DC majority in ’08-’10) and has yet to do…and also which is what Romney ran on and POTUS and his minions attacked him on, specifically on his ‘non-specifics’ which POTUS is currently precisely guilty of…hypocrisy anyone?

Again, you stated that Democrats jacked up corporate taxes to the highest rate in the world, I countered that the GOP did nothing to change this. You responded with a link to a corporate tax giveaway during the Bush administration which did not change America's status of having the highest corporate taxes in the world, but actually increased complexity.

Clearly you believe that the corporate tax giveaway represents action on the part of the GOP to reduce corporate taxes, I argue that this is not the case, but rather it was specified targeted giveaways that only a small number of companies could take advantage of.

I understand your point, I am hopeful that you understand mine. Beyond that, there is not to much to say, either you can acknowledge that I am accurately describing the situation, or not.

As to your charges of hypocrisy on the part of the President with respect to the fact that he has both recommended simplifying the corporate tax code, eliminating deductions, and reducing the rate, and during the Presidential campaign derided Governor Romney for recommending the same strategy for individual income taxes on the highest earners.

You are correct that this happened, you are incorrect on the assertion that this represented hypocrisy.

Here is why. Romneys income tax plan, with respect to the highest earners, was claimed by Romney to be revenue neutral for the highest earners. "I will not reduce the taxes paid by high-income Americans."

However, he intended a 20% rate cut offset by limiting deductions. Deductions only added up to 20% of proposed rate cuts for the highest earners even if they were eliminated 100%, therefore the math states that his plan would have been a 16% tax cut for the highest earners and not remotely revenue neutral. Pointing this error in arithmetic is not hypcrisy, it is simple arithmetic.

Corporate taxes do include massive deductions that could offset rate reductions to 28% and be revenue neutral.

So these two things that you wish to call equivelant are not.

Do you understand?
 
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If you'd prefer, we could focus on Rubio's lies and exaggerations.
Marco Rubio response fact check - POLITICO.com

The Politico? Hahahahaha ....

They try and slam Rubio while admitting he had a point. The Sequester was Obama's idea.

I read the piece. It's a total joke. Obama's EPA is out of control and trying to regulate entire industries out of business.

They had 3 points of contention and their only response to what Rubio said are WH talking points. I especially got a good laugh when they twisted themselves in knots defending Obamacare.

Why are you mocking a hispanic man taking a drink of water? Have you never seen a hispanic man take a drink of water before? I'm detecting some possible racism from you. Mocking a hispanic man for drinking water is insensitive.
 
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