It just wouldn't be our beloved rockpage without threads of this nature.mjb wrote:this thread sucks!


Not changing the deficit spending year after year has created this mess. A change from the status quo would be better than trying the same thing over and over.shredder138 wrote:HA HA, I don't get on here and pretend I know the way out of these political labyrinths with no exit. So I'm sure you weren't implying that I'm full of bull.undercoverjoe wrote:...holding up a mirror to shredder138....
You mean me? Show me where I said that.undercoverjoe wrote:[ Some on here want the same bloated out of control government deficit spending, and want it actually to get bigger.
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You want more taxes from corporations and the rich. That will make this bloated government bigger. There is money, and either we can keep our money, or the government can take our money. When the government takes our money, they get larger and more powerful.songsmith wrote:You mean me? Show me where I said that.undercoverjoe wrote:[ Some on here want the same bloated out of control government deficit spending, and want it actually to get bigger.
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Careful, shredder. You're getting personal. And your posts don't pass muster as far as style and punctuation, either, I bet.
You want more taxes from corporations and the rich. That will make this bloated government bigger. [/quote]undercoverjoe wrote:[wink:
Why does rich people paying taxes equal bigger government? GE paid zero income taxes last year, does that mean gov't got smaller? If that's the case, why are you complaining? Taxes are at the lowest point in your lifetime... government must be at it's smallest, too.songsmith wrote:You want more taxes from corporations and the rich. That will make this bloated government bigger.undercoverjoe wrote:[wink:
If that post is what you think is a proof, you get and F. You must go to summer school.Hawk wrote:Big Oil ! You're welcome !undercoverjoe wrote:Prove it, please.Hawk wrote:Joe, if everyone has more money, (50% given their taxes are cut by 50%) inflation will rise in a parallel fashion. You are naive if you think otherwise.
Yes, I sure would like to see the proof of this new phenomenon.Hawk wrote:Joe, if everyone has more money, (50% given their taxes are cut by 50%) inflation will rise in a parallel fashion. You are naive if you think otherwise.
undercoverjoe wrote:
The more the rich and corporations pay in taxes, the less in the private sector, actually helping the economy.
It is simple, when you call for more taxes, government gets bloated and bigger. Those taxes take money out of the private sector, hurting the economy, and the result is the Obama Depression.[/color]
You talk about paying down the deficit. Do you know your beloved O proposed a $1.6 Trillion deficit for this year, knowing the debt is over 14 TRILLION? Jeeeze.songsmith wrote:undercoverjoe wrote:
The more the rich and corporations pay in taxes, the less in the private sector, actually helping the economy.
It is simple, when you call for more taxes, government gets bloated and bigger. Those taxes take money out of the private sector, hurting the economy, and the result is the Obama Depression.[/color]
How exactly does higher taxation make the gov't more "bloated?" What you appear to be saying is that more revenue to pay down the deficit is a bad thing, correct? And can you prove the inverse, that less taxation equals smaller gov't? The tax rates are at their lowest point in over a half-century, yet you still complain that gov't is too large.
Incidentally, perhaps low taxation adds more money to the private sector, as you say... where did that money go, in this time of low tax? Why hasn't this low taxation spurred job growth, as conservatives always promise? The stock market is doing quite well, Big Business is said to have 2 trillion in capital they're not doing anything with. Why?
A price is set relative to whatever the market will bear. I know the background of many companies (and I've been taught by men in business - not school teachers) and that is standard policy. More money in every one's pocket means the market can / will bare higher prices. Sorry you waisted your tuition money. Add to that, that Joe wants no regulations on anyone and see what a monopoly can do to you...lonewolf wrote:Yes, I sure would like to see the proof of this new phenomenon.Hawk wrote:Joe, if everyone has more money, (50% given their taxes are cut by 50%) inflation will rise in a parallel fashion. You are naive if you think otherwise.
All this time, I thought inflation was due to the increase of the overall money supply growing faster than GDP. I guess I wasted all that tuition money.
Short term demand for certain products can cause short term price inflation for those particular products (see bubble), but its nothing but a little noise in the overall inflation picture.
I'll tell you what causes bigger and faster product price inflation than anything: government subsidies
Just look at college tuition....try to get a discount on house windows!
How's that 10% ethanol gasoline additive working for ya?
Proof please.Hawk wrote:A price is set relative to whatever the market will bear. I know the background of many companies (and I've been taught by men in business - not school teachers) and that is standard policy. More money in every one's pocket means the market can / will bare higher prices. Sorry you waisted your tuition money. Add to that, that Joe wants no regulations on anyone and see what a monopoly can do to you...lonewolf wrote:Yes, I sure would like to see the proof of this new phenomenon.Hawk wrote:Joe, if everyone has more money, (50% given their taxes are cut by 50%) inflation will rise in a parallel fashion. You are naive if you think otherwise.
All this time, I thought inflation was due to the increase of the overall money supply growing faster than GDP. I guess I wasted all that tuition money.
Short term demand for certain products can cause short term price inflation for those particular products (see bubble), but its nothing but a little noise in the overall inflation picture.
I'll tell you what causes bigger and faster product price inflation than anything: government subsidies
Just look at college tuition....try to get a discount on house windows!
How's that 10% ethanol gasoline additive working for ya?
Jeff, I know you're smarter than anyone, but let's take it to the extreme and work backwards. if everyone in the USA were multi-millionaires, do you really think gas would only cost $4.00 a gallon ? You know where I'm going because you are smarter than the rest of us. Do you think anything would cost what it does now...?lonewolf wrote:Proof please.Hawk wrote:A price is set relative to whatever the market will bear. I know the background of many companies (and I've been taught by men in business - not school teachers) and that is standard policy. More money in every one's pocket means the market can / will bare higher prices. Sorry you waisted your tuition money. Add to that, that Joe wants no regulations on anyone and see what a monopoly can do to you...lonewolf wrote: Yes, I sure would like to see the proof of this new phenomenon.
All this time, I thought inflation was due to the increase of the overall money supply growing faster than GDP. I guess I wasted all that tuition money.
Short term demand for certain products can cause short term price inflation for those particular products (see bubble), but its nothing but a little noise in the overall inflation picture.
I'll tell you what causes bigger and faster product price inflation than anything: government subsidies
Just look at college tuition....try to get a discount on house windows!
How's that 10% ethanol gasoline additive working for ya?
{Inflation is a pretty wide topic, I would expect that there is something about it on the internet.}
I knew you were going to use that "market will BEAR" schtuff (spelled b-e-a-r)...that's why I put the more economically correct version of your explanation in my post with the "short term demand" statement.
The dow closed at 12,124.36 today. The peak during Reagan's tenure: 2722.22. per:undercoverjoe wrote:[The stock market is just coming off a 6 day sell off. How can you call that "doing quite well"?
If I use myself as the example, I think gas would cost less than it does now.Hawk wrote:Jeff, I know you're smarter than anyone, but let's take it to the extreme and work backwards. if everyone in the USA were multi-millionaires, do you really think gas would only cost $4.00 a gallon ? You know where I'm going because you are smarter than the rest of us.
Yes, I recall that discussion. As with today, you posted nothing then to substantiate your statement and we were all expected to accept your new economic theory as a law of economics, even though nobody seems to have ever heard of this particular axiom.Hawk wrote:Feel free to correct any spelling... After a second look at my post, I don't think I misspelled BEAR, that's B-E-A-R. One other time I did because we had this discussion before and you had trouble with common sense that time too.
Edited for...spelling
I'm telling you I was taught it at a business seminar, but I no longer have the paperwork. But it did open my eyes as to how things work in the real world because these guys were real world business men, not school teachers.lonewolf wrote:Yes, I recall that discussion. As with today, you posted nothing then to substantiate your statement and we were all expected to accept your new economic theory as a law of economics, even though nobody seems to have ever heard of this particular axiom.Hawk wrote:Feel free to correct any spelling... After a second look at my post, I don't think I misspelled BEAR, that's B-E-A-R. One other time I did because we had this discussion before and you had trouble with common sense that time too.
Edited for...spelling