What's new
By:
USCHO Fan Forum

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • The USCHO Fan Forum has migrated to a new plaform, xenForo. Most of the function of the forum should work in familiar ways. Please note that you can switch between light and dark modes by clicking on the gear icon in the upper right of the main menu bar. We are hoping that this new platform will prove to be faster and more reliable. Please feel free to explore its features.

115th Congress - Still 100% Roy Moore Free

Status
Not open for further replies.
Re: 115th Congress - Still 100% Roy Moore Free

I love how now Congress is going after Obama about Hezbollah. Still cant do anything to help the sick kids (punting til January does not count) but Dem GOPers sure do gotta get dat Darky!! I mean I want an explanation too but seeing as he isnt the President now and kids are actually in danger now you would think it would be easy to figure out what to make a priority.

Oh wait...it is Maliq Al-Blackenrov he obviousy has to be destroyed!

The GOP are awful human beings and their supporters are sheeple at best and scum at worse. Yes that includes the single issue voters who believe the GOP cares anything about their (false) Prophet. Dont like it...demand better of your people. If Jesus is watching you now he is not judging you positively and God surely isnt.
 
Re: 115th Congress - Still 100% Roy Moore Free

I get left behind pretty quickly when the discussion turns to economics, but maybe someone can answer these two questions.

1) Was the Reagan tax plan good for middle or low income Americans?

2) If so, how. If not, what is different about the Bill they just passed?

Explain it to me like I'm a six year old.
 
burd said:
I get left behind pretty quickly when the discussion turns to economics, but maybe someone can answer these two questions.

1) Was the Reagan tax plan good for middle or low income Americans?

2) If so, how. If not, what is different about the Bill they just passed?

Explain it to me like I'm a six year old.
Click to expand...

The Raegan tax cuts were way before my time so I can’t speak to those, but I can say that there are lot of other factors in play. It seems the late 80’s and 90’s was an economy that had something for everyone. We were still doing a lot of manufacturing and there were increasing amounts of white collar jobs available. I don’t think businesses were quite as cutthroat back then either. There was a lot more land available too. In today’s world I think there are a lot of people who have more of an expense(housing, health care, food) than an income problem. I’m not sure how the tax cut plan helps that.
 
Re: 115th Congress - Still 100% Roy Moore Free

My three favorite Congressional moments of the year are:

1. Susan Collins getting played so she'll vote for the tax cut. And then after getting played actually thinking that they'll do what she asked in January.
2. Lisa Murkowski clapping behind Trump on the White House Steps as they're all celebrating the destruction of the Arctic National Wildlife Refuge.
3. Orrin Hatch talking down Sherrod Brown in Congress, disgusted that Sherrod thinks that the tax bill is for rich people. Orrin gets a twofer though for fellating the President of the United States on the White House Steps during the tax party.
 
Re: 115th Congress - Still 100% Roy Moore Free

My favorite moments were:
1. Al Franken and Rick Perry
2. She persisted
3. Thumbs down
 
Re: 115th Congress - Still 100% Roy Moore Free

Drew S. said:
The Raegan tax cuts were way before my time so I can’t speak to those, but I can say that there are lot of other factors in play. It seems the late 80’s and 90’s was an economy that had something for everyone. We were still doing a lot of manufacturing and there were increasing amounts of white collar jobs available. I don’t think businesses were quite as cutthroat back then either. There was a lot more land available too. In today’s world I think there are a lot of people who have more of an expense(housing, health care, food) than an income problem. I’m not sure how the tax cut plan helps that.
Click to expand...

It's an income problem. Expenses have grown as expected in an economy that targets controlled inflation, while wages of everyone but the ultra rich have stagnated for 4 decades. We manufacture more than ever, just with less people. Growth in worker productivity has not been rewarded with growth in worker income, instead those rewards have been given to executives and shareholders. It's the shift towards profit for shareholders above all else that has gotten us to where we are.
 
Re: 115th Congress - Still 100% Roy Moore Free

burd said:
I get left behind pretty quickly when the discussion turns to economics, but maybe someone can answer these two questions.

1) Was the Reagan tax plan good for middle or low income Americans?

2) If so, how. If not, what is different about the Bill they just passed?

Explain it to me like I'm a six year old.
Click to expand...

Seeing as he had to raise taxes 11 times after his tax cuts to avoid a complete meltdown (which still came in '87) the answer to A) is no and the answer to B) N/A

And Scooby stop saying Collins got played. She didnt get played this is what she wanted all along.
 
jerphisch said:
It's an income problem. Expenses have grown as expected in an economy that targets controlled inflation, while wages of everyone but the ultra rich have stagnated for 4 decades. We manufacture more than ever, just with less people. Growth in worker productivity has not been rewarded with growth in worker income, instead those rewards have been given to executives and shareholders. It's the shift towards profit for shareholders above all else that has gotten us to where we are.
Click to expand...

You’re right in the more rural areas. I was referring more to the major cities like NY, Boston, San Francisco, etc.
 
Re: 115th Congress - Still 100% Roy Moore Free

burd said:
I get left behind pretty quickly when the discussion turns to economics, but maybe someone can answer these two questions.

1) Was the Reagan tax plan good for middle or low income Americans?

2) If so, how. If not, what is different about the Bill they just passed?

Explain it to me like I'm a six year old.
Click to expand...

Judging the changes within the American economy between the late 70s and into the 80 is a very difficult thing. You have to wade through the muck of every partisan person zeroing in on their pet targets, both good and bad, and go from there. You have nominal tax rates dropping, but the effective tax rates not changing much for the economy at an aggregated level. You then have Paul Volcker taking over as Fed Reserve Chairman in 1979 from the universally panned G. William Miller, who lasted only about 17 months on the job. Volcker did things that were thought of as mad when he started, but is credited by many as having cured the nation of the Carter-era stagflation (Carter appointed the man), and many very well respected economists credit Volcker for the political success that Reagan enjoyed for the economy.

You're also looking at a very different era in terms of outsourcing manufacturing jobs between then and now. Even after adjusting for inflation, the USA has a larger manufacturing sector than ever. The problem for any political hack to admitting that is that manufacturers have automated a great many positions that used to require people on the floors. Now we might need 150 people operating a plant that used to required 300-500, all because of automation.
 
Status
Not open for further replies.
Back
Top