Unemployment falls to 7%

Sure I can; it really is stupid for a Person with a degree to appeal to ignorance while diagnosing the Body politic.

 

The question has nothing to do with their well being nor their wealth.

What is their fair share of the income tax burden?

 

Part of the reason for the economy today is thousands/millions of people over the decades have been entrepreneurs, innovating, manufacturing, technology leaders, who took risks and worked hard to carve out a piece of the economy for them and their employees, and during this time the US has seen unprecedented technological and corporate growth, along with the marketplace moving from primarily domestic to worldwide, along with huge growth in public stocks and personal property...why would it be a surprise to you that these same people have become wealthy?

It is because of their successes, and wealth, that we have the economy we have today! For decades now approximately 150 million Americans made a living off of this economy and IMO should be damned thankful for these pioneers and entrepreneurs. It is stupid to single out the so-called wealthy and punish them for their successes solely so you can extract even more tax dollars from them to pay for those who have failed themselves. And don't forget the charitable giving from these so-called wealthy people!

It seems logical to me that if you wish to create more jobs, and if you wish to create higher wages, and if you wish to grow the economy, you and the other jealous ones should be doing everything in your power to give these people more of what they need to continue what they do best, instead of punishing them...

 

GDP growth for Q3 revised up to a very robust 4.1%:

http://www.usatoday.com/story/money/business/2013/12/20/economy-gdp/4140667/

Economic outlook for 2014 is the most positive since the great Republican Recession of 2008.

The obstructionists are just about finished.

 

Well, you certainly didn't do the math. First, 32% of Americans own guns.

http://www.theblaze.com/stories/2013/03/19/how-many-people-own-guns-in-america-and-is-gun-ownership-actually-declining/

The top 10 states in gun ownership are all red states:

States with Extremely High Populations of Gun Owners(more than 50%)
1. Wyoming - 59.7%
2. Alaska - 57.8%
3. Montana - 57.7%
4. South Dakota - 56.6%
5. West Virginia - 55.4%
6. Mississippi - 55.3%
6. Idaho - 55.3%
6. Arkansas - 55.3%
9. Alabama - 51.7%
10. North Dakota - 50.7%

http://usliberals.about.com/od/Election2012Factors/a/Gun-Owners-As-Percentage-Of-Each-States-Population.htm

 

35% is not a tax rate.

Only a fool who never looked at my links would think that was a tax rate. It IS the amount that the top 1% of households should have as a share. You can even used the link to see what other income levels' share are.

Too bad that people post about things that they do not understand.

 

Well, if you continue to want to live in the past, you might come up with this nonsense. In the last 30 years entrepreneurs have made more wealth by screwing the workers. Before 1980, workers were getting their share of the wealth. The 30 yearcharts have shown that their wealth has flat lined.

TRICKLE DOWN POLICIES HAVE BEEN A COMPLETE FAILURE.

 

Yeah, there is a difference. I didn't sign for the national debt. Leftists signed for it, and are demanding we pay it. That said, looking at my taxes, I am paying for it.

Yeah, and we have to.

Yeah, we've seen what happens when leftist push world peace. We end up with world war.

ACA is not here to stay. Deal with it.

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Which isn't going to happen. Leftists never lower taxes, only raise them.

 

After it was just proven to not be true. Can't handle truth, so you ignore it?

They cut everything. What part of that can you not understand? I guess leftist stupidity has a very long shelf life.

 

Interesting stats. I did a little research and added to your list. Gallup says:
State............% with guns..Political affiliation of population
1. Wyoming - 59.7% ......40% Dem
2. Alaska - .57.8% ........ 45% Dem
3. Montana - 57.7% ........ 52% Dem
4. South Dak -. 56.6% .....51% Dem
5. West Virg - 55.4% .......59% Dem
6. Mississippi - 55.3% ....51% Dem
6. Idaho - 55.3% ..............42% Dem
6. Arkansas - 55.3% .......46% Dem
9. Alabama - 51.7% ....... 49% Dem
10. North Dak - 50.7% ....51% Dem

 

Aren't you embarrassed by posting so much BS. The questions have been about the national debt and the silliness of claiming that we are putting it on the backs of future generation. Also it is also silly to say that we should pay back $17 trillion of debt.

Oh, BTW, I never signed up for spending so much on the military.

 

The only really really super important thing about the debt is THE DEBT AND THE DEBT AS A % OF GDP.

 

I know that it is hard for you to interpret statistics. It doesn't matter how many voters are Democrats. It only matters how they vote. Red states means more voters for GOP candidates than Democrat candidates.

Yes, even the GOP relies on low IQ Democrats.

 

This 35 year chart adjusted for inflation shows the bottom quintile stayed flat but the top 4 quintiles all went up. View attachment 24425

 

Where did I say I was surprised?

They had their successes and wealth before "trickle down" transferred so much more to the richest. Overall, we have not gained from them getting so much more. Only the very richest.

It seems logical to me that if you wish to create more jobs, and if you wish to create higher wages, and if you wish to grow the economy, you and the other greedy ones should be doing everything in your power to give the middle class what they need to continue what they do best, instead of punishing them...

 

I really don't know anything about the GOP since I am a Democrat. What I can tell you is, the people I have met over my 78 years of either party are either equally intelligent or equally stupid. The only one having problems understanding statistics is you. You tried to interpret the raw data I posted. I did not interpret anything, but posted the raw data. Why not wait until you get bit to cry?

BTW, I have forgotten more about statistics than you have ever understood. It was one of my choices for Comprehensives for my Ed. S in Psychology.

 

I'd have to run calcs on income distribution, tax rates and money needed to get an exact answer. But the 1% get about 20% of the nation's income, and paying about 40% of the nation's taxes sounds about right. 20% of overal income is about 2.8 trillion, 40% of the taxes would be about 1.4 trillion, leaving them about $1.4 trillion. That is still 10% of the nation's wealth, tax free.

Why did you dodge my questions?

How much more of the nation's income do you think it is fair for them to get? How much more than 40% of the nation's wealth do you think it is fair they should have?

 

Doesn't matter. Not relevant. Fair is, you get what you earn. That's fair. If you earn zero, and I earn $17,000 this year, then that's "fair". If you earn a million, and I earn $17,000, then that's fair. Whatever you rightfully earn.... is fair.

Fair is not determined by how much you earn relative to someone else, because if they rightfully earned more, and you rightfully earned less, then that's fair. Fair is not equal. Fair is what you get off your butt, go learn something of value, and provide a service or product that someone else determines if valuable, and is willing to pay you for. That's "fair".

 

That's odd. I could have sworn some idiot in the presidency, told us he'd fix the government caused recession, with a stimulus package, back in 2010. So now we've finally hit 4.1% growth, after 4 years of $1 Trillion dollar deficits? [sarcasm]That's quite the accomplishment.[/sarcasm]

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That's odd. I could have sworn some idiot in the presidency, told us he'd fix the government caused recession, with a stimulus package, back in 2010. So now we've finally hit 4.1% growth, after 4 years of $1 Trillion dollar deficits? [sarcasm]That's quite the accomplishment.[/sarcasm]

 

Aren't you embarrassed by being completely and utterly ignorant? WE *ARE* PAYING ON THAT DEBT. LOOK AT THE BUDGET.... what do you leftards think "DEBT SERVICE" means?

 

I've posted this until I'm purple in the face: http://www.bls.gov/news.release/empsit.t15.htm

OK, read the description for the "U3" Report (which is where this "7%" stat comes from), and then read the description for the "U6" Report at the bottom of the chart. Make up YOUR OWN MIND which of these describes the employment/unemployment situation since the turn of the 21st-Century, and which continues to this very day.

This ain't the 1960's, or the 70's. And it sure as hell isn't the 1980's or 90's, either! And, no, it isn't Obama's fault that the U6 Report shows an unemployment figure of 13.2%, and if the truth were told, he really doesn't have much to do with the economy at all! Ben Bernanke, the Federal Reserve Chairman has run the economy of the United States since 2007, and he will continue to do so until February 2014.

Next February, a Bernanke clone named Janet Yellen will take over the Chairmanship and continue pulling "bank money" out of thin air just like Ben Bernanke has done. The only difference between them is that he has a beard and no hair, and she has hair and no beard.

 

Why was it a "Republican Recession"? Didn't know recessions were members of parties?

So I guess you also call 2003-2007 the Republican Great Economy?

The 2000-2001 recession the Democrat Recession?

So 4 1/2 years after the 2009 recession ended and maybe we might finally get into a full blown recovery. Too bad the Obama No Recovery has plagued us for so long.

 

Okay...32% of Americans would be about 100 million so 50 million Dems own 150 million guns and 50 million Reps own 150 million guns.

Rural areas are going to have more guns...I live in a rural area and I have guns...and this is not about red or blue politics...

 

You

Quote Originally Posted by bomac View Post
I said before that bringing up the 1% households rate to over 35% would be okay.

Your link was effective RATES.
http://www.taxpolicycenter.org/taxfacts/Content/PDF/average_rate_historical_all.pdf

You dancing so fast now you can't even keep up with what you are even saying.

So again, what percent of income tax revenues should the top 1% pay and what percentage of it should the bottom 50% pay?

 

This is so stupid...you act as if employers can just pay any amount they wish for any silly reasons and somehow this will work in the grand scheme of things...well...it won't! For the umpteenth time, everyone who works on my property is paid exactly what they ask for...not what I dictate...but what they dictate. Every worker with a brain knows if they ask for too much, another worker will take the job from them by asking for less and performing the same...the system of supply and demand works just fine. If I was so stupid to pay all workers 50% more than they ask for, and my competitors do not, then I'm out of business...isn't that a nice reward for playing your fools game?

Your middle class has done exactly what to increase their workplace value? Have they obtained new skills? More education? Worked to receive promotions? Saved money? Invest wisely? Live within their means? These are all rhetorical questions because you don't know the answers! You just demand more with no regard for the value the employee provides and ignore supply and demand. This is a fools game and will backfire on anyone who believes they can get something for nothing...