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Business, Economics, and Taxes: Capitalism. Yay? >=(

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  • #16
    Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

    Originally posted by SJHovey
    I believe that when people look back and study how we responded to this pandemic, they will conclude the US did the wrong thing. Yes, they will conclude that the federal government screwed up in terms of the speed at which it responded (assuming we can claim they've even responded at all).

    But the idea of just saying "today we're going to close 40% of our economy" and then deal with it tomorrow is ultimately going to be proven to be a very, very bad idea.
    When people look back at the last 40 years they will conclude we did the wrong thing, prioritizing the bank accounts of a few over the well being of the general population. They will look at you as a psychopath who valued further enriching the wealthiest among us over saving the lives of the poorest.

    Comment

    • #17
      Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

      Originally posted by aparch View Post
      I think he's referring to the "side-hustle" companies like Uber/Lyft/DoorDash/Instacart. They can "pay" people without offering benefits typically offered to employees.
      More than that too. Nurses (LPN's), tech people, etc - lots of people working on a contract basis out there. We're about to realize the scope of that the hard way unfortunately.
      Legally drunk???? If its "legal", what's the ------- problem?!? - George Carlin

      Ever notice how everybody who drives slower than you is an idiot, and everybody who drives faster is a maniac? - George Carlin

      "I've never seen so much reason and bullsh*t contained in ONE MAN."

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      • #18
        Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

        What the hell good does a payroll tax cut do for people who aren't working?

        Just cut everyone a check. Or multiple checks.
        What kind of cheese are you planning to put on top?

        Comment

        • #19
          Originally posted by rufus View Post
          Just cut everyone a check. Or multiple checks.
          That's socialism, and we can't be having any of that rainbows and unicorns socialism on the GOP's watch.
          “Demolish the bridges behind you… then there is no choice but to build again.”

          Live Radio from 100.3

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          • #20
            Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

            Originally posted by rufus View Post
            What the hell good does a payroll tax cut do for people who aren't working?

            Just cut everyone a check. Or multiple checks.
            We don't have the systems in place for that. Which is what I was arguing earlier and got shot down.
            **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

            Originally Posted by dropthatpuck-Scooby's a lost cause.
            Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

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            • #21
              Originally posted by Rover View Post
              Agreed. IMHO the benefits of the "gig economy" have been way oversold by everyone while the downside isn't discussed as much. When something like this happens they're the first people to take it in the shorts. Yes its nice being your own boss but there's no benefits, retirement, unemployment payments in many cases, and a whole host of other problems. I'm not sure the mechanisms exist to shelter these people from the current economic shock and I shudder to think of how many are in this situation (working as contractors essentially).
              Uh, the shortfalls of the gig economy have been discussed in great detail.

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              • #22
                Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                Originally posted by unofan View Post
                Uh, the shortfalls of the gig economy have been discussed in great detail.
                Not enough uno. Not nearly enough before the sh it hit the fan.
                Legally drunk???? If its "legal", what's the ------- problem?!? - George Carlin

                Ever notice how everybody who drives slower than you is an idiot, and everybody who drives faster is a maniac? - George Carlin

                "I've never seen so much reason and bullsh*t contained in ONE MAN."

                Comment

                • #23
                  Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                  Originally posted by Rover View Post
                  Not enough uno. Not nearly enough before the sh it hit the fan.
                  The people in power didn't care. They still don't.
                  **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

                  Originally Posted by dropthatpuck-Scooby's a lost cause.
                  Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

                  Comment

                  • #24
                    Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                    Originally posted by jerphisch View Post
                    When people look back at the last 40 years they will conclude we did the wrong thing, prioritizing the bank accounts of a few over the well being of the general population. They will look at you as a psychopath who valued further enriching the wealthiest among us over saving the lives of the poorest.
                    Okay, then.
                    That community is already in the process of dissolution where each man begins to eye his neighbor as a possible enemy, where non-conformity with the accepted creed, political as well as religious, is a mark of disaffection; where denunciation, without specification or backing, takes the place of evidence; where orthodoxy chokes freedom of dissent; where faith in the eventual supremacy of reason has become so timid that we dare not enter our convictions in the open lists, to win or lose.

                    Comment

                    • #25
                      Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                      Originally posted by ScoobyDoo View Post
                      We don't have the systems in place for that. Which is what I was arguing earlier and got shot down.
                      What do you mean? We cut a check for a large portion of the country every April. If you worked, you paid payroll taxes. If you didn't, you got welfare, or SS distributions. We have census data. How hard can it be to collate a few databases?
                      What kind of cheese are you planning to put on top?

                      Comment

                      • #26
                        Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                        Originally posted by aparch View Post
                        That's socialism, and we can't be having any of that rainbows and unicorns socialism on the GOP's watch.
                        Or ours.
                        Cornell University
                        National Champion 1967, 1970
                        ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                        Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                        • #27
                          Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                          Originally posted by ScoobyDoo View Post
                          I just disagree. We've blown 23 trillion dollars the last 40 years on ****. And now we're swimming in **** and don't have the resources to deal with it.
                          Just because you say a thing doesnt make it real. Short of having Federal Unemployment Protection there isnt much that can be done when 17 million people lose their job in 3 weeks.

                          I am not saying the GOP hasnt screwed up the country and economy badly...but this isnt something that would have been fixed by that reversal anyways. Capitalism is the issue here...
                          "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                          -aparch

                          "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                          -INCH

                          Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                          -ScoobyDoo 12/17/2007

                          Comment

                          • #28
                            Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                            Originally posted by dxmnkd316 View Post
                            Ban the idea of independent one-person contractors. They're all employees and need to be protected. Decouple job from insurance by creating a national health service. Force corporations to cap dividends, buybacks, etc. as a certain multiple of employee retirement benefits and salary.
                            Kill the idea of contractors completely. If somebody works for you they the same full benefits, from janitor to CFO. Companies want to free themselves from paying for their employees' health care? Get behind Single Payer and dramatically higher top marginal tax rates, uncap FICA, and tax all income at the new levels (say 90% above 100M, 75% above 10M, 50% above 1M).

                            Repeal the last forty years of plutocracy and claw back the 50+ trillion dollars they stole from us.

                            As a start.
                            Cornell University
                            National Champion 1967, 1970
                            ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                            Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                            • #29
                              Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                              Originally posted by Rover View Post
                              Not enough uno. Not nearly enough before the sh it hit the fan.
                              Just because Wall Street ignores it because it's good for their bottom line doesn't mean the rest of us haven't seen what a ****show it is.

                              Every time some WSJ-reading Boomer talks about how kids these days love the flexibility of being an Uber driver, there are five millennials or zoomers pushing back about the reality.

                              Comment

                              • #30
                                Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

                                Originally posted by ScoobyDoo View Post
                                From Elizabeth Warren's Facebook.
                                Some of us said from the beginning that Bill was a joke and the Dems got played. And here we are...

                                Sorry Liz but you knew what you were getting when that bill passed. The language was clear as day to anyone who read it.
                                "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                                -aparch

                                "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                                -INCH

                                Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                                -ScoobyDoo 12/17/2007

                                Comment

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