The Liberals GOP Twin wrote: Obama... we have a problem here... no one fainted at your kickoff campaign rallies in Virginia and Ohio... reboot is not working.
About time people get wise.
IN NOVEMBER 2014, WE HAVE A GOLDEN OPPORTUNITY TO CLEAN OUT THE ENTIRE HOUSE AND ONE-THIRD OF THE SENATE! DONT BLOW IT!
“When white man find land, Indians running it, no taxes, no debt, plenty buffalo, plenty beaver, clean water. Women did all the work, Medicine man free. Indian man spend all day hunting and fishing; all night having sex. Only whit man dumb enough to think he could improve system like that.” Indian Chief Two Eagles
Agree. Commented in another thread that the King is still appealing to the gullible and stupid.
IN NOVEMBER 2014, WE HAVE A GOLDEN OPPORTUNITY TO CLEAN OUT THE ENTIRE HOUSE AND ONE-THIRD OF THE SENATE! DONT BLOW IT!
“When white man find land, Indians running it, no taxes, no debt, plenty buffalo, plenty beaver, clean water. Women did all the work, Medicine man free. Indian man spend all day hunting and fishing; all night having sex. Only whit man dumb enough to think he could improve system like that.” Indian Chief Two Eagles
LadyJazzer wrote: Cuts alone are not the answer, and never will be.
Actually - cuts alone would be the best solution- the fastest way out of debt.
Cuts along with "more taxes" is what you mean LJ- right? More taxes simply serves to sustain larger government- when the object is to cut government.
Government is not a productive sector of our economy- it is a consumer of wealth- not a creator of wealth. The only productive side of the economy- is the private sector. More taxes simply steal from the productive in order to sustain the un-productive.
In addition- the tax increases put a further damper on economic activity- just at a time when more economic activity is needed.
I find it funny when the mainstream media says things like "this Bush tax cut will cost the government 30 billion dollars"- when the truth sounds more like "this tax cut saved the private economy 30 billion dollars".
When the government made it harder to file for bankrupcy- who did that help? It didn't help Americans. The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act, which aimed to reduce the number of bankruptcies taking place by adding more requirements to the filing process. This is a typical government solution to a problem- more regulations.
Now a new report shows that many can't even afford the new fees involved with filing bankrupt. While this helps the governments bankrupcy numbers- it didn't do squat to help the economy.
JSG wrote: If I'm reading this thread correctly, the conservatives here agree with the socialist president-elect in France?
Not sure what you mean- your post is vague and undefined.
I agree that France deserves a Socialist- they are pretty stupid people, plus they reap what they sow. The fact is- they got themselves into this debt with socialist ideas.
FredHayek wrote: Looks like the world markets don't like the news that the French socialist won.
It's because there's solid historic evidence that socialism fails to improve the standard of living every time....yet some people are too stupid to understand and see this fact with open eyes. The US became the gold standard for standard of living and economic prosperity because of capitalism, plain and simple.
This bozo in France wants a 75% tax on the wealthy...I hope that is higher...like 90% so the country crashes even faster. That way even the most ignorant in our country may finally understand.
Tax rates in many countries are high. Here is a chart showing the top 10. As tax rates went down, countries kept spending anyway and that didn't work. It is not one way or another way, all things in moderation to get the world back on track.
Top tax rates around the world have fallen over the past three decades. That may be about to change
LOWER top tax rates are associated in the minds of many people with higher rates of economic growth: stop penalising success, goes the argument, and the economy will soar. That was the rationale behind the steep cuts in top personal income tax rates in America and Britain in the 1980s—setting off a trend which has since swept the world. Economists are not so sure about the relationship between these two things: America's economy grew strongly in the 1920s and 1960s, when top rates were high. It fared better in the 1990s, when top rates increased a bit, than in the 2000s, when they declined. Whatever the relationship, it seems likely that this trend towards ever lower top rates of tax is now over, and may even be about to go into reverse.
