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11-30-2009, 10:01 AM
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What, me worry?
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,227
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Quote:
Originally Posted by Charles
Time will tell. Some people are more valuable on the sidelines while they let someone else run the ball. From a conservative viewpoint, she would be better on the sidelines.
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I agree, for now. Who knows.
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Originally Posted by Charles
For all practical purposes, the Obama Administration looks like the continuance of Bush's third term.
The special interests are still writing laws, we're still in the Middle East, we're still spending money we don't have, GITMO is still open, and the Patriot Act hasn't been revoked.
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I've got a lib friend who calls him Bush Lite
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Originally Posted by noonereal
How do you figure she is a decent American?
The women despises the majority of Americans. How is that good?
Clearly you and I have very different ideas as to what constitutes a "decent America."
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She does work up libs quite nicely
Quote:
Originally Posted by Boreas
The Tenthers. They even think that things like the Interstate Highway System, Medicare, Medicaid and Social Security are unconstitutional. They take the Tenth Amendment, which states, "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people", to mean that anything not specifically authorized in the Constitution is beyond the reach of the Federal Government. I think that's crazy on its face. It supposes total clairvoyance on the part of the drafters of the Constitution to foresee all future developments in the world.
I see good and bad in Ron Paul. He really seems to hold the Constitution in reverence and he wants to do away with the Federal Reserve Board but he's too much of a small government Libertarian for my taste.
John
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So, the Constitution doesn't mean what it actually says? The clairvoyance of the Founders is shown in its' clear amendment process. But it is in the best interests of government to ignore it as much as possible.
My problem with Ronnie is stuff like Ron Paul dollars.
Quote:
Originally Posted by Boreas
And when the top marginal tax rate was 90% we enjoyed an unprecedented rate of growth in our economy and the middle class grew, in both size and wealth, at a rate never seen before or since. All the low top marginal tax rate has done is make the rich richer and increase the disparity between rich and poor.
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NOBODY paid 90%. It was a farce.
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Originally Posted by Fast_Eddie
Indeed. Keynesian economics worked quite well and built this nation into the strongest on Earth. But, hey, let's throw that all out 'cause ole' Laffer drew a funny picture on a bar nap. Oh, better yet! Laffer's picture doesn't involve any of that pesky math.
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PBS said Keynesian economics was dead. Just fyi :grin:
Quote:
Originally Posted by Charles
I know what my station in life is. Cleaning toilets.
Chas
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Sad, sad, and applicable to all us servants of the Chinese.
__________________
"America is still a land of promise, especially during a political campaign."
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11-30-2009, 10:20 AM
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Senior Member
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Join Date: Jul 2009
Location: Denver, CO
Posts: 3,075
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Quote:
Originally Posted by piece-itpete
PBS said Keynesian economics was dead. Just fyi :grin:
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Don't believe everything you see in the liberal media. They have an agenda, you know.
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Two days slow. That's what they are.
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11-30-2009, 10:29 AM
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What, me worry?
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,227
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Quote:
Originally Posted by Fast_Eddie
Don't believe everything you see in the liberal media. They have an agenda, you know.
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Dang them to heck!
Pete
__________________
"America is still a land of promise, especially during a political campaign."
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11-30-2009, 11:08 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Originally Posted by Boreas
The Tenthers. They even think that things like the Interstate Highway System, Medicare, Medicaid and Social Security are unconstitutional. They take the Tenth Amendment, which states, "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people", to mean that anything not specifically authorized in the Constitution is beyond the reach of the Federal Government. I think that's crazy on its face. It supposes total clairvoyance on the part of the drafters of the Constitution to foresee all future developments in the world.
Quote:
by piece -itpete
John
So, the Constitution doesn't mean what it actually says? The clairvoyance of the Founders is shown in its' clear amendment process. But it is in the best interests of government to ignore it as much as possible.
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So, we needed a constitutional amendment to authorize the Interstate Highway System? Social Security?
Originally Posted by Boreas
And when the top marginal tax rate was 90% we enjoyed an unprecedented rate of growth in our economy and the middle class grew, in both size and wealth, at a rate never seen before or since. All the low top marginal tax rate has done is make the rich richer and increase the disparity between rich and poor.
Quote:
by piece -itpete
NOBODY paid 90%. It was a farce.
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Nobody pays the top (or any other) marginal tax rate now either. Those are before any deductions are taken.
John
TOP MARGINAL US TAX INCOME RATE, 1913 - 2009
__________________
Smoke me a kipper. I'll be back for breakfast.
Last edited by Boreas; 11-30-2009 at 11:47 AM.
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11-30-2009, 11:13 AM
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Senior Member
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Join Date: Jul 2009
Location: Denver, CO
Posts: 3,075
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I'm not sure exactly what that chart shows. Except that taxes are historically low. Can you send it to the teabaggers?
__________________
Two days slow. That's what they are.
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11-30-2009, 11:41 AM
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What, me worry?
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,227
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The tax rate is at the lower end. How's revenues?
John, probably is my take. I know at the time even Eisenhower had to Constitutionally justify the highway system on national security grounds.
Pete
__________________
"America is still a land of promise, especially during a political campaign."
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11-30-2009, 11:43 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by Fast_Eddie
I'm not sure exactly what that chart shows. Except that taxes are historically low. Can you send it to the teabaggers?
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Yeah, I think that's about all it shows. Taxes are at their lowest point since the Great Depression.
A few other things I note is a really sharp rise in taxes during WWI, no doubt to pay for the war, followed by an equally sharp decline in the years leading up to the Depression.
Taxes then stayed very low and very flat through the worst years of the Depression and then quickly rose as the economy began to recover. So much for the idea of taxes inhibiting growth.
Taxes rose to record levels for WWII. Then they dropped just as sharply during the Truman Administration only to rise again, to near record highs, under Ike.
Under Kennedy things stayed the same but under Johnson taxes dropped, flattened out and then rose again but not to anything approaching Eisenhower levels. Vietnam was expensive. Nixon lowered taxes back to Kennedy levels where they stayed through the Ford and Carter Administrations.
Then all Hell broke loose in the Reagan years.
Bush 41 restored the tax rate to something approaching sane levels. Clinton continued to increase taxes while ushering in a period of phenomenal growth in GDP and employment. Clinton's tax rate stabilized during his first term and stayed constant until Bush 43, during his first term, lowered them again but not to the levels during his father's administration.
Taxes have stayed the same since.
John
__________________
Smoke me a kipper. I'll be back for breakfast.
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11-30-2009, 11:48 AM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by piece-itpete
She does work up libs quite nicely 
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Not one ansewer to my question however.
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11-30-2009, 08:19 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 26,554
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Speaking of Palin, check out this recently released poll. Scroll down to the heading "Palin and the Next GOP Leader." Apparently, a plurality feels that she best "reflects the core values of Republican Party."
Just what, pray tell, are these core values? Ignorance, quitting under pressure, nice legs?
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As long as the roots are not severed, all will be well in the garden.
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11-30-2009, 08:46 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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still no answer to that question from anyone here.
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