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Republican tax stand a bust with public
- Thread starter Ricter
- Start date
Quote from Ricter:
Let's have a look...
<img src="http://upload.wikimedia.org/wikipedia/commons/0/01/United_States_Income_Distribution_1947-2007.svg">
Hmm, the best people are accelerating their advantages, things should be getting better.
Your chart doesnt work so your going to have to post a link.
Also please tell me something do you really think that if the top top tax rate was a full 4.6% points higher than it was before bush cuts taxes, that all of a sudden we wouldnt have seen the rich drastically outpacing the poor during bush's term? Blaming the tax cuts for that is disingenous.
If you really want to blame someone you should blame Bernanke and Greenspan, for their perpetual pursuit of inflation, that is the real way the poor get hosed.
Quote from Ricter:
Bernanke, Greenspan, are they 1%'rs too?
Not sure what your getting at.
But it is fairly obvious to anyone who watches what the fed has done over the last 2 decades, that they have had a goal of perpetual inflation, which crushes the people at the bottom.
If the tax rates went up by 4.6% that bush dropped them for the rich, do you think that the problem would have corrected itself? That would have made up about 80 billion dollars a year according to Obama.
Quote from Ricter:
Why would the Fed do this?
According to you, it is a good plan they are enacting ibecause it bolsters exports.
If you are trying to say that it is because the bankers control the fed, sure id go along with that, however the fed has been on this path regardless of which party is in power, it has nothing to do with republicans, or democrats.
Quote from Max E. Pad:
According to you, it is a good plan they are enacting ibecause it bolsters exports.
If you are trying to say that it is because the bankers control the fed, sure id go along with that, however the fed has been on this path regardless of which party is in power, it has nothing to do with republicans, or democrats.
Ok, it has nothing to with republicans, democrats, or the poor, so who's left? Bankers? Are you sure, because others of your political persuasion think that the bankers, among everyone, are our greatest hope.
Quote from Ricter:
Ok, it has nothing to with republicans, democrats, or the poor, so who's left? Bankers? Are you sure, because others of your political persuasion think that the bankers, among everyone, are our greatest hope.
Before you make a statement like that implying that republicans think bankers are the hope for the future, maybe you should do a poll to see just how favourably people on either side view the guys at Goldman sachs.
I doubt many people oin the right would actually say they view bankers as the "hope of the future" I believe they do alot of shady things, I just dont view them as the root of all evil, and i call bullshit on the people who do.
BTW, you have made the stance that you believe the devaluation of the dollar is a good idea, so you happen to be on the same side as the fed, and the bankers who are in the pursuit of dollar devaluation, and inflation, you still havent explained to me why you support something that is so detrimental to the poor.
Quote from Ricter:
Well, maybe they're not the hope of the future, BUT until we figure out what they are, hands off their money! I don't care if that money was given to them by the government, who will take it from the taxpayer, hands off it until we've got all this sorted out!
Overwhelming majority of TARP got paid back total bill less than 100 bilion, and btw i never supported TARP, i would have loved to see them all fail, but that would have hurt the people at the bottom just as much as the people at the top had the government allowed that to happen, and we would have been looking at 20% plus unemployment rates. It cost us less than 100 billion to save more than 3 millions jobs,
On the other hand none of the stimulus got paid back.