Comments on: Big Tax Cuts In The Works
Politico: With Benefits For Businesses, Obama Vies For Bipartisan Support For Stimulus Package
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- I believe Obama can get the support of the few Republican''s outside the Fascist South. The Southern Nazi''s he can forget but with Frankin''s win in Minn he only needs one such vote.
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- "pushed too much of the production side of our economy offshore, and now we consume more than we produce" !!!!!
Need I say more !!! ???
Posted by hadenough43 at 01:20 PM : Jan 05, 2009
lollll...ah...yes, we could abandon 4 million miles of roads...80% of our automobiles...95% our our airlines...70% of our medical system...80% of our educational system...
Yes, then we would no longer be "profligate", and we would in fact be able to compete with India and Bangladesh and China just fine.
All we have to do is abandon the American Dreams of both our children and our parents...and our own, of course. - Reply to this comment
- Here and now, today, America has a crisis oriented around simple equations of production and consumption: In their haste to get rich, the Republicans and the neoliberals pushed too much of the production side of our economy offshore, and now we consume more than we produce.
Posted by ibsteve2u
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"pushed too much of the production side of our economy offshore, and now we consume more than we produce" !!!!!
Need I say more !!! ??? - Reply to this comment
- This "conspicuous consumption" culture we have created is trashing an awful lot.
Posted by hadenough43 at 01:10 PM : Jan 05, 2009
I do not deny that our lifestyles will hasten the inevitable crisis when population exceeds the ability of the planet to provide resources.
That day is coming, but is not yet here.
Here and now, today, America has a crisis oriented around simple equations of production and consumption: In their haste to get rich, the Republicans and the neoliberals pushed too much of the production side of our economy offshore, and now we consume more than we produce.
That leads to cash flow out of the country rather than a balance, and from that follows a lack of jobs and the Republicans and the Fed encouraging a credit-driven economy to keep up appearances.
That is the root of our problem...the Republicans and the neoliberals have transformed our economy into a bathtub with a great big drain: Money rushes out and offshore much faster than we can produce the goods and services needed to replenish it. - Reply to this comment
- a lifestyle....a rather wasteful and profligate one, too. It seems to me.
Posted by hadenough43 at 12:59 PM : Jan 05, 2009
lollll...ahhh, I see. You are limiting your vision of those "wasteful and profligate" lifestyles to those you see on TV and in the broadsheets.
Those people aren''''t rich....they have chump change.
The truly wealthy ones - the ones so enjoying cannibalizing America for parts - never appear on TV or in the papers, and are usually rarely seen in public.
And they do not live "profligate" lifestyles.
Posted by ibsteve2u
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And you are assuming that all I look at is TV and "broadsheets (?)". A mistaken assumption.
All I am saying is this.
I think it makes more sense to tax folks on the amount they consume, not what they produce. From a lot of different perspectives. This "conspicuous consumption" culture we have created is trashing an awful lot. - Reply to this comment
- a lifestyle....a rather wasteful and profligate one, too. It seems to me.
Posted by hadenough43 at 12:59 PM : Jan 05, 2009
lollll...ahhh, I see. You are limiting your vision of those "wasteful and profligate" lifestyles to those you see on TV and in the broadsheets.
Those people aren''t rich....they have chump change.
The truly wealthy ones - the ones so enjoying cannibalizing America for parts - never appear on TV or in the papers, and are usually rarely seen in public.
And they do not live "profligate" lifestyles. - Reply to this comment
- With the private jets and limousines?
Posted by hadenough43 at 12:49 PM : Jan 05, 2009
a) They buy a LOT of expensive FOREIGN cars and yachts.
b) And do you think they wouldn''''t start buying A LOT MORE foreign stuff if we taxed hell out of it?
c) They ALREADY own those expensive mansions - the bought ''''em with the proceeds of the Republican R@pe of America, otherwise known as "free trade" and "trickle down" economics.
Do you really think they would move from their current 30 room mansion to a 35 room mansion, if they knew they were going to get hit with a 35% surcharge?
Posted by ibsteve2u
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Respectfully, I submit you miss the point. I ain''t talking primarily about the mansions. I''m talking about a lifestyle....a rather wasteful and profligate one, too. It seems to me. - Reply to this comment
- Couldn''''t we make a case that our current crises is primarily attributable to profligate spending .... with borrowed money??
Posted by hadenough43 at 12:53 PM : Jan 05, 2009
That spending didn''t generate much in the way of jobs...$700 billion to keep the Wall Street tycoons safely in their accustomed lifestyles until they figure out a way to make money again....3 trillion down the tubes in Iraq....hardly any of it created jobs.
And that spending FOR SURE did not make up for the jobs lost to inequitable free trade.
How is somebody living in New York and paying $2400 a month rent EVER going to compete with somebody living in Bangalore and only paying $24 a month rent? - Reply to this comment
- Posted by ibsteve2u
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O
h yea, and one more thing.... Couldn''''t we make a case that our current crises is primarily attributable to profligate spending .... with borrowed money??
Posted by hadenough43 a
Only if you make the argument that the accrued interest(often far more expensive than any tax levied) failed to serve as a deterrent to consumerism. - Reply to this comment
- With the private jets and limousines?
Posted by hadenough43 at 12:49 PM : Jan 05, 2009
a) They buy a LOT of expensive FOREIGN cars and yachts.
b) And do you think they wouldn''t start buying A LOT MORE foreign stuff if we taxed hell out of it?
c) They ALREADY own those expensive mansions - the bought ''em with the proceeds of the Republican R@pe of America, otherwise known as "free trade" and "trickle down" economics.
Do you really think they would move from their current 30 room mansion to a 35 room mansion, if they knew they were going to get hit with a 35% surcharge? - Reply to this comment
Author Thomas Friedman on Obama's Afghanistan plan and the war on terror.
