unofan
Well-known member
Unregulated capitalism is a complete disaster, as bad or worse than any communist economy.
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POTUS 45.22 - The Genius of Donald Trump
- Thread starter dxmnkd316
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Unregulated capitalism is a complete disaster, as bad or worse than any communist economy.
Kepler
Si certus es dubita
Re: POTUS 45.22 - The Genius of Donald Trump
He also went out of his way to say we needed a social safety net.
So did Hayek.
My God, if the so-called "free marketeers" understood that they'd have a heart attack.
He also went out of his way to say we needed a social safety net.
So did Hayek.
My God, if the so-called "free marketeers" understood that they'd have a heart attack.
rufus
rock and roller
Re: POTUS 45.22 - The Genius of Donald Trump
Maybe not, but that road does. That electrical grid does. That next generation internet does.
Maybe not, but that road does. That electrical grid does. That next generation internet does.
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
Yup.
And that's why I ask and wonder if the halcyon days (in your mind) of 90% marginal rates are just wonderful rhetoric.
If the 90% marginal rate applied to 0.0000000001% of earners it was useless.
Yup.
And that's why I ask and wonder if the halcyon days (in your mind) of 90% marginal rates are just wonderful rhetoric.
If the 90% marginal rate applied to 0.0000000001% of earners it was useless.
Kepler
Si certus es dubita
Re: POTUS 45.22 - The Genius of Donald Trump
Depends on the Communist economy.
Soviet "Communism" was a kleptocratic police state that used "Communism" as a cover story the way North Korea has "Democratic" in its name.
Benedictine Communism created some of the most dynamic economic growth of the early Medieval period, plus really good wines.
Depends on the Communist economy.
Soviet "Communism" was a kleptocratic police state that used "Communism" as a cover story the way North Korea has "Democratic" in its name.
Benedictine Communism created some of the most dynamic economic growth of the early Medieval period, plus really good wines.
Kepler
Si certus es dubita
Re: POTUS 45.22 - The Genius of Donald Trump
But again, the real action is lower down in the 40%s through 80%s. That's where you get non-trivial sample sizes.
<img src="http://1.bp.blogspot.com/_ObAHTdIfi8s/TUOBD1ZQYxI/AAAAAAAABDk/nbauH0aUj64/s1600/1955%2Btax%2Btables.JPG"></img>
Median income in 2010 was $50,000. Holy sh-t -- it looks like that table tracks fairly closely with what I pulled out of my butt a while ago!
But again, the real action is lower down in the 40%s through 80%s. That's where you get non-trivial sample sizes.
<img src="http://1.bp.blogspot.com/_ObAHTdIfi8s/TUOBD1ZQYxI/AAAAAAAABDk/nbauH0aUj64/s1600/1955%2Btax%2Btables.JPG"></img>
Median income in 2010 was $50,000. Holy sh-t -- it looks like that table tracks fairly closely with what I pulled out of my butt a while ago!
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The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
The road, sure.
But the grid and the internet are built mainly with private dollars.
PS - If there's no factory, where's the road go to? And why build the lines (electric, internet) if there's no factory to serve?
The road, sure.
But the grid and the internet are built mainly with private dollars.
PS - If there's no factory, where's the road go to? And why build the lines (electric, internet) if there's no factory to serve?
ScoobyDoo
NPC
Re: POTUS 45.22 - The Genius of Donald Trump
Oh, you mean that stuff that business uses all the time but doesn't pay any taxes to build it in the first place?
Oh, you mean that stuff that business uses all the time but doesn't pay any taxes to build it in the first place?
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
Yeah, but the Benes were/are under the thumb of the, as you say, "invisible man". That's a non-starter for you. Sorry. < shrug >
Yeah, but the Benes were/are under the thumb of the, as you say, "invisible man". That's a non-starter for you. Sorry. < shrug >
rufus
rock and roller
Re: POTUS 45.22 - The Genius of Donald Trump
There's no "one" factory. There's dozens and dozens of others. These days, they're mostly in China, where your beloved CEO's moved to in pursuit of the almighty dollar.
And really? There's no public utilities? The internet wasn't spawned out of government research and technology?
There's no "one" factory. There's dozens and dozens of others. These days, they're mostly in China, where your beloved CEO's moved to in pursuit of the almighty dollar.
And really? There's no public utilities? The internet wasn't spawned out of government research and technology?
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
That is the worst thing American business ever did, namely, move off shore.
But why'd they do it? Yup, profits.
Why? We demanded better performance out of our 401k and they got a better business environment to meet that demand.
That is the worst thing American business ever did, namely, move off shore.
But why'd they do it? Yup, profits.
Why? We demanded better performance out of our 401k and they got a better business environment to meet that demand.
Kepler
Si certus es dubita
Re: POTUS 45.22 - The Genius of Donald Trump
Take inspiration where we can find it. And anyway, the Benedictines nicked monastic communism from Plato who hadn't a care in the world for magical booba booga other than as a noble lie to keep the orcs in chec--
Huh.
Ok. I reverse myself on religion. I think it's swell, and of course I'm a believer, and everybody else should be, too.
Take inspiration where we can find it. And anyway, the Benedictines nicked monastic communism from Plato who hadn't a care in the world for magical booba booga other than as a noble lie to keep the orcs in chec--
Huh.
Ok. I reverse myself on religion. I think it's swell, and of course I'm a believer, and everybody else should be, too.
ScoobyDoo
NPC
Re: POTUS 45.22 - The Genius of Donald Trump
We? We've been demanding higher wages too. They gave us the middle finger for that.
We? We've been demanding higher wages too. They gave us the middle finger for that.
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
There are public utilities; there are IOUs*; there are REC**s. In terms of dollars spend on building the grid, the RECs and IOUs are far in front.
Al Gore invent... nevermind.
Is the government burying the line so you can surf, or is your (private corporate***) ISP?
*invest owned utilities
**rural electric cooperatives (private orgs)
***assumes not on rural telecom cooperative (which is still private)
There are public utilities; there are IOUs*; there are REC**s. In terms of dollars spend on building the grid, the RECs and IOUs are far in front.
Al Gore invent... nevermind.
Is the government burying the line so you can surf, or is your (private corporate***) ISP?
*invest owned utilities
**rural electric cooperatives (private orgs)
***assumes not on rural telecom cooperative (which is still private)
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
"Give me more money in my 401k and my paycheck." <-- Uh ... how. What are you doing to add more value so there's more money to give you?
"Give me more money in my 401k and my paycheck." <-- Uh ... how. What are you doing to add more value so there's more money to give you?
Handyman
Hug someone you care about...
Re: POTUS 45.22 - The Genius of Donald Trump
Or it had to do with the ability to use slave labor so they could pocket more money. But sure keep trying...
Or it had to do with the ability to use slave labor so they could pocket more money. But sure keep trying...
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
You finally figured out religion is a means to social control and order.
You finally figured out religion is a means to social control and order.
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.22 - The Genius of Donald Trump
Ugly statement warning, read on at own peril:
Slave labor is part of the better business environment some chose. Labor costs were lower, and Scoob's 401k benefited.
That's why I said "That is the worst thing American business ever did, namely, move off shore." It's bad enough to sell your soul for a dollar, but to buy into slavery too is disgusting. Shame on Nike et al.
Ugly statement warning, read on at own peril:
Slave labor is part of the better business environment some chose. Labor costs were lower, and Scoob's 401k benefited.
That's why I said "That is the worst thing American business ever did, namely, move off shore." It's bad enough to sell your soul for a dollar, but to buy into slavery too is disgusting. Shame on Nike et al.
Spartanforlife4
Generic Catchy Message
That's a beautiful chart.
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