The Rise And Fall Of America

[OddTrader]

imo, I hope nowadays their difference between the two ideologies has been gradually reduced due to the availability of the Internet and provision of general/higher education.

Need to be patient to see potentially long term development, besides to understand culture difference, in order to avoid any unnecessary war.

imo, one of the major root causes of our world problems is when we want to have something changed according to our own timing!

Through neglecting there is always a natural cause quietly working according to a natural timing!

Hence - Wars!

When given enough time, countries like Vietnam, China, Russia nowadays are running mix-economies after gradual and natural transformation, AFAIK. Without requiring any external forces by wars like the Iraq one.

When given enough time, the US ...

What do I know? lol

 

[OddTrader]

A Mixed Economy: The Role of the Market


by U.S. Department of State
Updated March 27, 2017

The United States is said to have a mixedeconomy because privately owned businesses and government both play important roles. Indeed, some of the most enduring debates of American economic history focus on the relative roles of the public and private sectors.

https://www.thoughtco.com/overview-of-a-mixed-economy-1147547

The U.S.economy has changed in other ways as well. The population and the labor force have shifted dramatically away from farms to cities, from fields to factories, and, above all, to service industries. In today's economy, the providers of personal and public services far outnumber producers of agricultural and manufactured goods.

As the economy has grown more complex, statistics also reveal over the last century a sharp long-term trend away from self-employment toward working for others.

This article is adapted from the book "Outline of the U.S. Economy" by Conte and Carr and has been adapted with permission from the U.S. Department of State.

https://www.investopedia.com/articles/economics/08/government-financial-bailout.asp

 

[OddTrader]

History of U.S. Income Tax

The highest marginal federal income tax rate, by president and party, over time

https://www.nytimes.com/interactive/2017/admin/100000005463834.embedded.html?

Donald Trump reveals when he thinks America was great

By Gregory Krieg, CNN

Updated 2136 GMT (0536 HKT) March 28, 2016

http://edition.cnn.com/2016/03/26/politics/donald-trump-when-america-was-great/index.html

(CNN)If Donald Trump wants to make America great again, as his oft-repeated slogan promises, then that leads to the question: When was the last time America was actually great?

Trump has an answer. In an interview with The New York Times published Saturday, the real estate mogul was asked when the country last reached the GOP front-runner's lofty ideal -- as a reporter asked, when do "you think the United States last had the right balance, either in terms of defense footprint or in terms of trade?"

The answer, Trump explained, was during periods of military and industrial expansion at the onset of the 20th century and again in the years after World War II.



"If you look back, it really was, there was a period of time when we were developing at the turn of the century which was a pretty wild time for this country and pretty wild in terms of building that machine, that machine was really based on entrepreneurship," he told the Times.

Trump also pointed to the "late '40s and '50s," a time when, he said, "we were not pushed around, we were respected by everybody, we had just won a war, we were pretty much doing what we had to do."

 

[OddTrader]

History of U.S. Income Tax

The highest marginal federal income tax rate, by president and party, over time

https://www.nytimes.com/interactive/2017/admin/100000005463834.embedded.html?

THE TRUTH ABOUT TAXES: Here's How High Today's Rates Really Are

So who's right?

Are taxes too high? Or are they too low?

Do high tax rates on "rich people" create a lazy population in which no one has an incentive to work hard?

And what about the Republican mantra that cutting taxes is always good for the economy, while raising taxes is always bad?

http://www.businessinsider.com/history-of-tax-rates/?r=AU&IR=T

Contrary to what Republicans would have you believe, super-high tax rates on rich people do not appear to hurt the economy or make people lazy: During the 1950s and early 1960s, the top bracket income tax rate was over 90%--and the economy, middle-class, and stock market boomed.

 

[Sig]

History of U.S. Income Tax

The highest marginal federal income tax rate, by president and party, over time

https://www.nytimes.com/interactive/2017/admin/100000005463834.embedded.html?

You of whoever provided you this graphic "conveniently" cut off the y axis labels and photo-shopped out the names of the Presidents. Presumably because it showed that the first period of higher taxes corresponded with this thing they called at the time The Great War and we now call World War I. And that next period of low taxes culminated in this thing we called The Great Depression, and the next period of high taxes corresponded with this thing we called World War II.

Now you have to ask yourself, if whatever point one is trying to make is valid, why would one feel the need to manipulate the graphic like that? Here's the actual graphic that the New York Times published.

 

[OddTrader]

You of whoever provided you this graphic "conveniently" cut off the y axis labels and photo-shopped out the names of the Presidents. Presumably because it showed that the first period of higher taxes corresponded with this thing they called at the time The Great War and we now call World War I. And that next period of low taxes culminated in this thing we called The Great Depression, and the next period of high taxes corresponded with this thing we called World War II.

Now you have to ask yourself, if whatever point one is trying to make is valid, why would one feel the need to manipulate the graphic like that? Here's the actual graphic that the New York Times published.

View attachment 181593

I just did the normal copying of the image and pasting. Thanks anyway.

PS: Now I cannot see your whole chart from my this reply post! Except only this: "
View attachment 181593"?

 

[OddTrader]

I just did the normal copying of the image and pasting. Thanks anyway.

PS: Now I cannot see your whole chart from my this reply post! Except only this: "
View attachment 181593"?

* WWI and WWII led to higher taxes for the rich - Futurity
www.futurity.org/tax-the-rich-wars-1152212-2/ - Cached - Similar
29 Apr 2016 ... "We should not expect a return to the high top tax rates of the post-war era," says political scientist Kenneth Scheve. Why? ... US and European societies tax the rich at higher rates when people believe that the wealthy have unfair privileges due to their economic status, according to Kenneth Scheve.

* The Cost Of War - Forbes
https://www.forbes.com/.../shared-sacrifice-war-taxes-opinions-columnists-bruce-bartlett - Cached
26 Nov 2009 ... In recent years, Republicans have been characterized by two principal positions: They like starting wars and don't like paying for them. ... In 1950 and 1951 Congress increased taxes by close to 4% of GDP to pay for the Korean War, even though the high World War II tax rates were still largely in effect.

* Tax Rates of the Mid-20th Century | Teachinghistory.org
teachinghistory.org/history-content/ask-a-historian/24489 - Cached - Similar
Here we have a short question, and only room for a short answer. So let's make a start. The “exceedingly high” part of this question most likely refers to the federal income tax's “confiscatory” top rates coming out of World War II, which the Eisenhower Administration left in place into the 1960s. During the war, the top ...

* How would you feel about a 94% tax rate? - CBS News
https://www.cbsnews.com/.../how-would-you-feel-about-a-94-tax-rate/ - Cached
7 Dec 2011 ... Today is the 70th anniversary of the bombing of Pearl Harbor. One day later the U.S. declared war on Japan, and four days later declared war on Germany and Italy. Declaring war was one thing, paying for the war another. World War II had massive worldwide consequences, but it also changed forever the ...

* Corporate tax rates and economic growth since 1947 | Economic ...
www.epi.org/.../ib364-corporate-tax-rates-and-economic-growth/ - Cached - Similar
4 Jun 2013 ... Both before-tax and after-tax corporate profits as a percentage of national income are at post–World War II highs; they were 13.6 percent and 11.4 ... The analysis finds no evidence that high corporate tax rates have a negative impact on economic growth (i.e., it finds no evidence that changes in either the ...

 

[triggertrader]

Nice to see another ex-British country starting to make decent progress. This will have good results given time.

Even though democracy is poor in many ways, dictatorship, the obvious alternative, is a lot worse except for the elite running it.

The video explains that democracy leads to that.

 

[volpri]

Oh no here we go again...the world is full of commies..socialists (who thinks the world owes them something)..snowflakes...and progressives (aka regresives) ROFLMAO

 

[Overnight]

Oh no here we go again...the world is full of commies..socialists (who thinks the world owes them something)..snowflakes...and progressives (aka regresives) ROFLMAO

Oh nos, not the commie people again!