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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (856741)5/13/2015 11:22:07 PM
From: tejek  Read Replies (4) of 1573994
 
Any economic system......whether it be one that is socialistic or the freest of markets......if corrupt......will fail ultimately.
There are few things more corruptible than an economy that is controlled by the hands of the few.

All this talk about the "one percent" means nothing as long as you continue handing over control of this economy and our very lives to a government that does not have your best interests at heart.

You just answered why its fucked to have so few people controlling the economy: the 1%.

Why do you have such problems linking up the dots?

By the way, the German economy is far from ideal. Kind of silly to use it as a model of socialism when they themselves are facing a slowdown. Manufacturing is starting to leave the country due to high energy prices and lack of infrastructure spending.

The metrics for the German economy typically outperform the metrics for the American economy and its people on average have a better way of life. That's the reality. American exceptionalism is a myth promulgated by Rs to keep the peasants happy.

The deficit hasn't gone down because the country isn't generating surpluses to pay off the deficit. Why is that? Any time there is an improvement in revenues, Rs want to cut back on taxes while gov't expenses remain static. Rs aren't serious about reducing the deficit. They just don't want to pay any taxes period.......and without surplus revenues you can't reduce the deficit.
Try again, Ted. Under Obama, many taxes were raised, including:

- ObamaCare mandate
- ObamaCare surtax on investment income
- Hike on Medicare payroll tax
- Increase in the highest tax bracket to 39.4% (so that the rich pay their "fair share")
- Hike in long-term capital gains tax from 15% to 20% (once again, only on the "rich")

And Obama wants to raise even more taxes.

No, the real reason why the deficit is still half a trillion dollars a year is because government continues to spend like crazy. Even now, government spending is growing as a percentage of GDP, and Obama thinks we're still not spending enough:


Fuck. You can't even read charts. From 2009 to the present, gov't spending has declined. Projections suggest it may go back up.......but they are estimations not reality.
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