Wonder what the socialist democrats are really up to? Hang on... it's scary.

And here the delusion is exhibited. When the money supply is increased, scarce goods are still scarce. This is Venezuelan economics. Such a nice recipe for hyper-inflation and rampant unemployment and economic stagnation. Sad. Very sad. Try again.

 

I am not sure what you mean. How much will border policies Cost?

I am advocating making money not losing money on border border policies and,

we really just need a fifteen dollar an hour minimum wage, unemployment compensation for being unemployed on an at-will basis in our at-will employment States, and Industrial Automation to help with social costs.

 

just Fake News from the right wing as Usual.

QE proved you wrong, a decade ago.

even the dollar menu won't double.

stop spamming with Your right wing, Ignorance.

 

QE did nothing but increase the debt. China thanks you! Right wing ignorance? You have failed Econ 101. If the government simply handed out 100,000 to each citizen, what do you think the price of a car or a steak would do? Housing? Remain constant?

 

The economics path to higher wages and more jobs is through markets and business friendly policies, not government declaration.

The U.S. is the largest CONSUMER COUNTRY on the planet. Roughly 20 years ago the U.S. WAS EQUAL in GDP to the following 9 countries behind us combined. Now days China has been closing in on the US as we fall from past economic levels, or basically static levels.

NOW we have roughly 165 million in the workforce. Roughly 95 million others are NO LONGER COUNTED as employed or unemployed. Jobs have been leaving the country.

And then 27 MILLION legal and illegal immigrants are in our workforce, obviously displacing U.S. citizens. That's 17 percent of the ENTIRE WORKFORCE. There is NO EXCUSE for that many in our workforce after a severe recession. In fact, it has helped harm ALL citizens from higher wages and a more robust economy.

Get a clue.

Steve

 

I explained it in an above post, and, sure enough another conservative poster came in and said that tax cuts are, in fact, free, because they pay for themselves. Because something that pays for itself is by definition free.

Of course, nobody criticizing my post can come up with anything else along the lines of "..keep more of MY money..", or "get a job", or "our education system has failed you", etc, in other words, personal attacks and age old RW talking points.

 

Here are some RW talking points in case you needed some to cement your point



The best GDP growth rates occurred in 1997 (4.5%), 1998 (4.5%), and 1999 (4.7%) after the passage of the Taxpayer Relief Act of 1997.

https://www.gpo.gov/fdsys/pkg/PLAW-105publ34/pdf/PLAW-105publ34.pdf



As a result of cutting the Long Term Capital Gains Tax Rate, LT Capital Gains Tax Collections increased from

$58.782B in 1996 to

$69.572B in 1997 to

$80.611B in 1998 to

$91.416B in 1999

http://www.taxpolicycenter.org/statistics/historical-capital-gains-and-taxes



This is no surprise. Long Term Capital Gains rates were increased for 1987. Tax Revenues from LT Capital Gains took a beating, dropping from

$50.834B in 1986 to

$31.791B in 1987



But that's not the whole story. The GDP growth rate dropped from 1985 (4.2%) to 1986 & 1987 (3.5%) due to the 1986 passage of the LT Capital Gains rate increase legislation and its implementation in 1987.


This was, of course, a bipartisan poor choice, reversing the slashing of LT Capital Gains rates in 1981 that dragged us out of Carter's stagflation and gave us impressive GDP growth rates in 1983 (4.6%) and 1984 (7.3%)



Instead we got Black Monday at the beginning of the final quarter of 1987.

 

What makes your talking points valid at all? The corporate tax cuts were put into place to bring back companies that went overseas, to stimulate OUR economies with jobs and not theirs.All things being equal, would a company rather live and work in a craphole with cheap labor or come back to the USA and pay more in wages but less in taxes? It's not even close to a hard decision. A thriving economy raises all ships and INCREASES net tax revenue, provided tax SPENDING isn't increased by larger portions. And by the way, those corporate profits do not just sit in a coffee can horded by some corporate logo. Those funds go into working people's retirement funds, pensions, 401ks.............corporations are nothing but pass throughs to PEOPLE, investors I just mentioned.

Furthermore, you never answered my question. Should contraction of capital be illegal? The value is going to the investors, PEOPLE I just mentioned. If contraction of capital is illegal, then it would also follow that collection of capital is unacceptable as well. Do you realize how flawed your reasoning is?????

 

Well, you certainly showed you true colors here by revealing you believe its all the govt's money and people just keep what the govt allows them to keep.

Do you have a job? I guess not since you have no concern over the value of work and earning a living.

 

Tell us more about how you think we can tax US citizens into prosperity.

 

I'm going to go out on a limb and guess his occupation: college professor.

The greatest government backed pyramid scheme in the US.

 

And a bill to nationalize industry would never pass...Just like the one who pushes for the bill would have a shorter lifespan.

 

Given the low intellectual requirements to be a college prof, your guess is possibly correct.

 

How is being a professor a pyramid scheme?

 

Ah, personal attacks, right on cue, as predicted above.

 

Almost as short as some of the people who have crossed the Clinton's.

 

You wish, twenty years of institutionalized learning is what makes them demented

 

Or Pootin.

 

I say tomata, you say tomatoe.

 

Absolutely. And I have never received a dime in government assistance. In fact, I came here from Germany in a highly competitive academic job market and have competed with 100s of applicants to land a tenure track position in a STEM field, based on merit (publications). Then, I received tenure based on publication quality, output and funding. So, go and take your condescending attitude elsewhere.

 

That would be because the government is in the business of saddling students with a lifetime of debt, enforced and made possible by leftists in government so that leftists in "education" can wallow in three figure salaries.

Then they tell the students your debt is caused by capitalism, give us more power to control your lives and we'll ease your crushing debt burden by making it all FREEEE!

Now go forth and vote for us so that we can save you from the debt we put you under.

You know, like Bernie's wife.

 

The govt of the USA doesn't set the cost of college, the states do...The high cost of a degree is more due to gentrification by the wealthy to make sure there is a low cast poor group in society.

 

Your college is completely funded by the government forcing lenders to put students in a lifetime of debt to pay your probably exorbitant salary.

It's a giant scheme.

 

Sounds like a pain in the ass way of getting a job. I know, I used to do it..blah.

 

increase demand so that supply eventually catches up.

only in fake news, right wing fantasy, does your gossip apply.