Trump Takes The Gloves Off

[jem]

but we don't care about the context of GDP when we talk about the taxes we pay. If Phil Mickelson tells you he pays 63% in taxes... why does it matter what percent taxes are of GDP?

we care about federal, state, local, property, sales, and 200 other taxes that wind up taking more than half of a lot of tax payers... incomes. Then you tack on 5000 more dollars for Obamacare and health insurance and tuition and then a mortgage and big food inflation.

And you realize why so many people are willing to vote for an anti establishment candidate.
The govt is stealing almost all our money through taxes, health insurance inflation and now health care. We don't care that its only 25% of gdp.

It's not "hiding", it's putting it in context. If I tell you, "I owe a million dollars", how do you evaluate that debt, in terms of your own ability to pay it, or in terms of my ability to pay it? Without context the figure is meaningless.

People's incomes are part of the GDP calculation.

 

[Ricter]

but we don't care about the context of GDP when we talk about the taxes we pay. If Phil Mickelson tells you he pays 63% in taxes... why does it matter what percent taxes are of GDP?

we care about federal, state, local, property, sales, and 200 other taxes that wind up taking more than half of a lot of tax payers... incomes. Then you tack on 5000 more dollars for Obamacare and health insurance and tuition and then a mortgage and big food inflation.

And you realize why so many people are willing to vote for an anti establishment candidate.
The govt is stealing almost all our money through taxes, health insurance inflation and now health care. We don't care that its only 25% of gdp.

Well said, jem, I feel your sincerity. I just don't believe your candidate would be able to competently manage the disruption you hope he'll bring. Looking at history, it seems to me it is uncommon for "the little guy" to get it any better after upheaval, it is typically the already wealthy and privileged who pick up the best pieces.

 

[jem]

that is why trump was not my first choice. And he has been walking back towards the establishment.

I am not sure the little guy, the middle guy or the almost big guy is going to fare much better after the coming election either.

Well said, jem, I feel your sincerity. I just don't believe your candidate would be able to competently manage the disruption you hope he'll bring. Looking at history, it seems to me it is uncommon for "the little guy" to get it any better after upheaval, it is typically the already wealthy and privileged who pick up the best pieces.

 

[Frederick Foresight]

I am not sure the little guy, the middle guy or the almost big guy is going to fare much better after the coming election either.

On that, we can agree.

The only one who will certainly benefit from a Trump presidency, at least in the short term, is Trump. In the longer term, much like a head-butt gone wrong, I doubt there would be any winners.

 

[jem]

and hillary is far more the establishment candidate and therefore will be far worse.

On that, we can agree.

The only one who will certainly benefit from a Trump presidency, at least in the short term, is Trump. In the longer term, much like a head-butt gone wrong, I doubt there would be any winners.

 

[Fractals 'R Us]

Elections aren't going to change the fact that the Public Sector is too large, too out of control and owes more than it can ever possibly pay back. I don't think that any candidate across the spectrum from Sanders to Trump will make a bit of difference.

 

[Ricter]

and hillary is far more the establishment candidate and therefore will be far worse.

For inequality, maybe, maybe not. She does appear to want to redistribute towards students and working mothers. As for foreign policy... there's a reason our allies are worried but our enemies support Drumpf.

 

[Ricter]

Elections aren't going to change the fact that the Public Sector is too large, too out of control and owes more than it can ever possibly pay back. I don't think that any candidate across the spectrum from Sanders to Trump will make a bit of difference.

I think you're too worried here. The public sector is comparatively small when considered against other advanced nations, so you're left with merely imagining a smaller public sector, you can't find it as a "best practice" elsewhere. Also to remember is that the public sector is smaller now than it was eight years ago.

Out of control, possibly... even small governments can be that.

The government can pay back what it owes for two main reasons, 1) it pays it back on a long-term schedule, not "all at once", and 2) interest rates are very low, and if they should start rising it will be because capital has found somewhere to go, and that indicates economic activity which will raise revenue.

 

[Frederick Foresight]

and hillary is far more the establishment candidate and therefore will be far worse.

To think that you were so close from escaping the fringe...

Did you hear Trump's speech yesterday? It was like the incoherent ramblings of a drunk center stage at a party enjoying the sound of his own voice. The only thing missing was the lamp shade.

 

[Ricter]

Did you hear Trump's speech yesterday?

Throw me a link?