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Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

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Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

History books written 200 years from now (probably in Mandarin), will look back on Reaganomics as the beginning of the end for the US.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

FadeToBlack&Gold said:
History books written 200 years from now (probably in Mandarin), will look back on Reaganomics as the beginning of the end for the US.
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Or LBJ for starting a massive social welfare program and a war out of current revenues (Bush 43 repeated the error, except he cut taxes).
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

joecct said:
Or LBJ for starting a massive social welfare program and a war out of current revenues (Bush 43 repeated the error, except he cut taxes).
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You mean that thing that cut the poverty rate? Because yeah, that was a disaster.

In any case, the Great Society was underfunded from the start because of Vietnam and our growing imperial corporate welfare.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Kepler said:
You mean that thing that cut the poverty rate? Because yeah, that was a disaster.

In any case, the Great Society was underfunded from the start because of Vietnam and our growing imperial corporate welfare.
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Then why was poverty higher than ever before under Obama?
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

joecct said:
Or LBJ for starting a massive social welfare program and a war out of current revenues (Bush 43 repeated the error, except he cut taxes).
Click to expand...

Thank you Governor Brownback.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Interesting article about the upcoming battle between Amazon and Wal-Mart: https://www.infowars.com/the-amazon-walmart-rivalry-will-determine-the-future-of-retail/

Somehow, I think we'll see a stalemate. Like we saw when the catalogs from Sears-Roebuck and Montgomery Ward came out, people still wanted showrooms for certain things, and just catalogs for others. Even today, I see most people still wanting to go to brick-and-mortar for clothing, perishable foods, and such. If either is going to succeed, they'll push their strengths.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

joecct said:
Or LBJ for starting a massive social welfare program and a war out of current revenues (Bush 43 repeated the error, except he cut taxes).
Click to expand...

You want to play that game? Fine, let's go back to FDR.

FDIC? That's just a bank bailout.
Glass-Steagall? Just the nanny state protecting stupid people from unethical salesmen. Those poor hedge fund managers have a right to unlimited income at any cost! It had to go.
Social Security? That's welfare for senior citizens. Socialism!
Fair Labor Standards Act? The nanny state again, interfering with the right of a business to employ 13 year-old dropouts for peanuts, and demand 80-hour work weeks.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

FadeToBlack&Gold said:
You want to play that game? Fine, let's go back to FDR.

FDIC? That's just a bank bailout.
Glass-Steagall? Just the nanny state protecting stupid people from unethical salesmen. Those poor hedge fund managers have a right to unlimited income at any cost! It had to go.
Social Security? That's welfare for senior citizens. Socialism!
Fair Labor Standards Act? The nanny state again, interfering with the right of a business to employ 13 year-old dropouts for peanuts, and demand 80-hour work weeks.
Click to expand...

That's (4) Dings. We're socialists.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

FlagDUDE08 said:
Millennials just wanna spend, spend, spend! http://www.marketwatch.com/story/mi...from-bed-sheets-to-concert-tickets-2017-08-14
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Some of the least financially responsible people I know are Boomers - 3 mortgages, carrying a balance across 3 or 4 credit cards, little to no savings, didn't start a retirement account until they were 35-40, etc. Compulsive spending isn't restricted to a particular age group.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

"Generations" are BS. There is a higher dispersion within generations than between them.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

FadeToBlack&Gold said:
Some of the least financially responsible people I know are Boomers - 3 mortgages, carrying a balance across 3 or 4 credit cards, little to no savings, didn't start a retirement account until they were 35-40, etc. Compulsive spending isn't restricted to a particular age group.
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Darn right on that one; I spend within my means.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Wisconsin GOP Assembly votes to pay a million per job to Foxconn. Politifact calls that outcome possible if not likely. Big government and corporate welfare all wrapped up into one - to a foreign company nonetheless.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

5mn_Major said:
Wisconsin GOP Assembly votes to pay a million per job to Foxconn. Politifact calls that outcome possible if not likely. Big government and corporate welfare all wrapped up into one - to a foreign company nonetheless.
Click to expand...

Jerbs, jerbs, jerbs!

It will take at least 25 years for Wisconsin taxpayers to break even under the deal, according to an analysis by the nonpartisan Legislative Fiscal Bureau.
Click to expand...
 
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