It turns out Voodoo Economics dont work. Corp Tax revenue down 33% spending up.
- Thread starter fried-chicken
- Start date
No shit. But you are dumber than 85 if you think he actually gives a shit about this topic, he just uses it to whine about people he doesn't politically agree with. Hence the point about him not calling out wayne or BS.
In 2008 you could catch me on xbox live saying the foulest shit imaginable. I grew up and no longer found it appropriate to talk about tea bagging people's moms so hard I would give them two black eyes. Does that mean I can't call out @barrister1602 for being a 50 year old man who says the same thing I now find wildly immature?
What you said in 2015 was a mistake that you haven't repeated we all have said dumb stuff. It's fine for you to call it out.
But, I better see the same level of outrage at libtard as I see at reptardlicans or whatever it was.
I ask sincerely- does anyone really use libtard here? I see it elsewhere but not here
LOL.
No, you don't.
85's biggest issue is he fails to recognize that there is even a problem. He thinks he is doing just fine, while our government keeps giving corporate hand outs, tax breaks, and virtual free money, to the richest people in the country while the rest of us, including him, end up footing the bill.
You’re the king of projecting. You’re not doing well, so you just assume everyone else is right there with you. Just like FC did. Socialists do this often so I’m not surprised.
It sounds like you’d be better suited by focusing on yourself vs obsessing over rich people.
Other than the corporate handout part he makes a valid point. Very few companies actually get "handouts", and when it happens i have a serious problem with it. Beyond that, yes wealth consolidation is an ever increasing problem and we need to find a way to address it before we go full-on French revolution. We need to find a way to get that money moving so that the middle and lower classes start reaping the rewards of productivity far more than they do now.
FWIW, the average net value for each and every person in the united states is about 300 grand. How many people do you know who are worth 300 grand? A family of 5 should be worth 1.5 million bucks.
If that isnt a telling statistic on how much net worth is in the country, the vast majority held by 10% of the population, then nothing is.
If that isnt a telling statistic on how much net worth is in the country, the vast majority held by 10% of the population, then nothing is.
Uh no he doesn’t. He literally tried to say that I don’t own a single stock when in fact that is hilariously untrue. Chemmie thinks that the only people who own stocks are Warren Buffet and Jeff Bezos. He’s never heard of ETrade.
![[eyeroll]](http://l.yimg.com/j/assets/img/emoticons/rolleye/rolleye0011.r191677.gif "Eye roll [eyeroll]")
Ok, your personal situation is nothing more than anecdotal evidence. You may be above the median for personal net worth but that doesnt mean that the average person is.
I swear that's one of my biggest pet peeves on here, people think anecdotal evidence with a sample of size one is gospel.
Dude why don’t you go re-read what chemmie responded to. I said the most basic thing- that I own stocks and benefit when those stocks go up. He said I don’t which is hilarious.
I get that, and i wasnt commenting on how his response was applicable to your post, just that he made a legitimate point.
Its understandable though, everyone lives in their own personal paradigm. If i look around my community I see a lot of wealth that has been accrued over the last 20 years so it would be easy to say that everyone is doing well. We know that isnt true on a macro level, but if I didnt read or listen to what is happening in peoples elsewhere I could pretty easily form an opinion that there arent any problems anywhere.
Sure, but anyone who is the least bit educated should be aware of those biases and have just a basic understanding of statistics.
this statement is only true if you believe Gov't is the rightful owner of all money, The Govt does not give corps money unless they get back more than they pay in. Otherwise the Gov't simply gets less of the Corporations earned money. same is true with individuals, rich, middle class or poor.
The gov't earns nothing, they simply take it.
Yes we foot the bill, but that is true no matter who they tax. Corps pay no taxes, they simply charge more, so they can collect your hidden tax bill. Corps have no money until they collect it from their customers.
Ok, i re-read it and while I cant speak for cumpernicus, I think he was refuting the idea that you benefit from buybacks. Obviously you do, but you probably dont at a level that is commensurate with what the corps are making. I disagree with the sentiment in general because it presupposes that corporations arent a collective group of individuals but that they are sentient beings in and of themselves.
You're such a precious and tender little snowflake.
Whether you're ready to admit it or not, you are perfectly average and firmly entrenched in the lower 90% of wage earners in this country. As such, your stock gains are a miniscule drop in the bucket and irrelevant...and you likely are above the average.
I don't remember the exact numbers, but something like 50% of the population don't own any stock. The vast majority of those of us who do, own an outrageously small fraction.
When 85 thinks he "benefits" from our reverse wealth distribution, he is really just telling us that he doesn't pay attention to reality.
![[roll]](http://l.yimg.com/j/assets/img/emoticons/classic/roll.r191677.gif "roll [roll]")
I am just fine. I do not endlessly bitch and whine becuase I’m not yet a millionaire. I go to bed at night content because I’m not obsessing over what evil rich people are doing or what they’ve made.
As I said- I am a capitalist. Not a whiny socialist.
I am just fine. I do not endlessly bitch and whine
...
.
Lmao my sides
Literally 100% of what you do on here is bitch and whine. You are the whiniest little bitch on this entire board.
I'm tired of everyone complaining about "tax cuts" as if the government and the people are getting ripped off.
What is the alternative to tax cuts? Tax increases? And so if we pour MORE money into the government coffers, are you people saying that the government will do a better job managing the money than small businesses who actually employ people in small towns?
Forget the tax issue for a second ... this is all really a referendum on who should have the money ... the government or the people? I will vote for the people every time.
What is the alternative to tax cuts? Tax increases? And so if we pour MORE money into the government coffers, are you people saying that the government will do a better job managing the money than small businesses who actually employ people in small towns?
Forget the tax issue for a second ... this is all really a referendum on who should have the money ... the government or the people? I will vote for the people every time.
The average federal worker recieves over 125 grand a year between salary and pension. Thats 50% more than the average private sector employee.
That by itself should show that the government isnt as efficient at spending money as the people.
The last 35 years of stagnant wages proves "the people" aren't efficient, either.
If every one of us had the choice, we would choose for wealth distribution to be purely voluntary. Unfortunately, that's not the way capitalism ends up working out.
You're so damn insecure that you keep thinking this is about you. I know you're "fine." But "fine" doesn't mean much when you are still firmly entrenched in the bottom 90% of wealth earners in this country who have experienced stagnant, or worse, wages ober the last 35 years while our economy has grown immensely.
I am just fine. I do not endlessly bitch and whine becuase I’m not yet a millionaire. I go to bed at night content because I’m not obsessing over what evil rich people are doing or what they’ve made.
As I said- I am a capitalist. Not a whiny socialist.
Hey brain child- you made it about me when you hilariously tried to refute things that you literally can’t prove about my personal situation. Don’t get butthurt just because I’m pointing out how absurd you are. You’re basically saying that I should be throwing a hissy fit since I’m not a 1%er which is ridiculous.
I think I already addressed why wages are stagnant- you just choose to ignore it. It has to do with 2 economies that contain 2/5 the world population going through a more capitalist revolution, and uncontrolled mass illegal immigration of low skilled people who drag down wages.
PS- isn’t it funny how these world economies tend to grow when they introduce private sector and free market reforms? And scale back the basic tenets of socialism?
Capitalism is more about opportunity than it is about distribution. I realize that was an obvious statement .... but there is opportunity for everyone. Yes, it is harder for some than others, but the opportunity is there.
And one more thing .... the education system is broke...badly. You have a more conservative type of economy (capitalism) ... and a liberal type of education (focus on the arts and humanities). (I realize that is a very simplistic, generalized view). The public school system DOES NOT prepare the kids to compete in the marketplace. It just doesn't. So the kids with active parents that help prepare them to compete are at a huge advantage at the start.
If you want to start somewhere to bridge the gap ... start there. How many kids know how to balance their checkbook after 12th grade?
Well you can only control the actions and desires of yourself. I may have compassion for those less fortune but I at what point should I be penalized for others lack of success?
I love when others who worship the millionaire socialist who barely donates to charity insist that someone else doesn’t care enough about others. Nothing better than couch activism
So you are evidently senile in addition to being a racist. WTF does any of what you just said have to do with understanding basic statistics.
It shouldnt be so difficult for people to see that socialism is a deeply faulted and immoral economic system, and at the same time it shouldn't be so difficult for people to realize that capitalism also has its deficiencies. Of the 2, there should be no question which one is superior from a historical and intellectual basis but that doesn't mean its flawless.
So, where do you put the rest of the developed world? Canada, Europe, Scandinavia, Australia, UK, Japan, Singapore, Malaysia...
A binary belief of Capitalism = good, Socialism = bad, is absurd. Most of the developed world is far more socialist than the U.S. and doing just fine.
Can you give me an example of when a socialist economy introduced capitalist reforms and it didn’t work? When it didn’t produce growth and lift people out of poverty?
Im saying that it isnt binary. I still have the belief that socialism is immoral, regardless of public perception of results and thats why I cannot support it in any way. Capitalism has its flaws, but I dont see them as systemic
Latest posts
-
-
-
OT: War in Israel 🇮🇱, Iran launches attack on Israel- Latest: Bob the Citronaut
