55
   

AMERICAN CONSERVATISM IN 2008 AND BEYOND

 
 
parados
 
  2  
Reply Mon 8 Nov, 2010 09:03 pm
@ican711nm,
Quote:
USA GDP growth trends are not relevant to the health of or trends in the USA economy.

Leave to ican to argue that the economy has nothing to do with the economy.

GDP is the measure of economic output by the country. GDP growth is the measure of how the economy is growing. To argue that economic growth has nothing to do with the health of the economy is silly ican.
plainoldme
 
  1  
Reply Mon 8 Nov, 2010 09:05 pm
@parados,
Oh, but to argue that the GDP has nothing to do with the economy is just the essence of ican.
0 Replies
 
parados
 
  0  
Reply Mon 8 Nov, 2010 09:05 pm
@okie,
Quote:
It is illustrating the absurd with absurdity. The point is, if progressivity is not appropriate for wage scales, why should it be appropriate for taxing what people have made on their own?

Of course you are being absurd okie. It's the only thing you know how to do.
Your argument is circular okie. You can't base pay on the income a person gets from their pay.
plainoldme
 
  0  
Reply Mon 8 Nov, 2010 09:09 pm
@parados,
Did okie really type "progressivity (which spell check does not approve of) is not appropriate for wage scales?" Put in that context, okie's 'progressivity' sounds like merit pay or a bonus.
0 Replies
 
georgeob1
 
  0  
Reply Mon 8 Nov, 2010 09:25 pm
@plainoldme,
plainoldme wrote:

What a moronic idea! A national retail sales tax! The people of NH would secede from the Union. I guess there is a silver lining to every cloud.


Actually something very like it, a Value-added tax as in Europe has been recommended to us in earlier statements by the Current Speaker of the House, Nancy Pelosi. Her father was the Democrat political boss of Baltimore Maryland for three decades. She currently lives amidst the working class folks of Pacific Heights in San Francisco - a real tribune of the people.
0 Replies
 
ican711nm
 
  2  
Reply Mon 8 Nov, 2010 10:08 pm
@parados,
Ican wrote the following:
USA GDP growth trends are not relevant to the health of or trends in the USA economy.

Total [civil] employed (TCE) and percent civilian work force employed (PTCWFE) are relevant to the health of the USA economy.

Hoover raised taxes and giveaway spending, and TCE and PTCWFE dropped. Roosevelt in turn raised taxes and giveaway spending, and TCE and PTCWFE dropped much further. It wasn't until 1941 when Roosevelt started purchasing stuff from the private sector to actually produce and started drafting (i.e., hiring soldiers) to support the growing WWII war effort that both TCE and PTCWFE began to increase significantly.

parados wrote:
Leave to ican to argue that the economy has nothing to do with the economy.

GDP is the measure of economic output by the country. GDP growth is the measure of how the economy is growing. To argue that economic growth has nothing to do with the health of the economy is silly ican.
cicerone imposter
 
  1  
Reply Mon 8 Nov, 2010 10:16 pm
@ican711nm,
You explanations doesn't compute; 70% of US GDP growth depends on consumer spending. Trends in the US economy has everything to do with our economic health. The current less than 2% GDP growth in our economy means it's stagnant, and not growing. Your understanding of economics is zilch.
mysteryman
 
  1  
Reply Mon 8 Nov, 2010 11:50 pm
@cicerone imposter,
Quote:
tax cuts for the wealthy, while they're not asking for tax cuts. They are asking to be taxed more!


IF this is true, why are they asking?
There is no law that says they cant voluntarily pay more then they have to, even you can pay more if you feel that strongly about it.

The question is, do they, or do you, willingly pay more then you have to?
plainoldme
 
  1  
Reply Tue 9 Nov, 2010 10:22 am
@cicerone imposter,
Those who watched Wall Street Week during the 1980s saw a parade of talking heads promote the coming service economy in which jobs would be plentiful. My ex-husband, who holds a doctorate in chemistry and who was then working in sales and marketing for high tech equipment, and my father, who left school in the 8th grade, were angered over that idea. Both agreed that a service economy can not provide a stable and adequate living for families.

With 70% of our GDP dependent upon consumer spending, it is not surprising that real wages for 80% of American workers have remained in the doldrums for 30 years.
0 Replies
 
cicerone imposter
 
  1  
Reply Tue 9 Nov, 2010 10:43 am
@mysteryman,
mm, Most people - who are honest - pay the income tax liability that is calculated from their income and deductions.

What you people are arguing is that taxing the wealthy more is tantamount to transferring wealth from the rich to the poor; that's bull **** number one.

Your argument number two is that the wealthy already pay their "fair share" in taxes. That's bull **** number two. When the government continues to run deficits and increases the national debt, those "loans" must be paid sooner or later. They will be transferred to our children and grandchildren. That's transferring wealth to the current people with wealth, and leaving the debt for our children. That's not logical or ethical.

Now, you say, the rich should pay more by "volunteering" to pay more in taxes. That's bull **** number three.

Your last question,
Quote:
do they, or do you, willingly pay more then you have to?
The answer is "yes," and several of us on these threads have said as much. I believe even Cyclo said it. Your accusation is also bull ****; that's number four.

I voted for all the propositions during the last election to a) help pay to upgrade our schools, b) maintain health insurance for all of our children, c) Establishes $18 Annual Vehicle License Surcharge to Help Fund State Parks and Wildlife Programs, and d) and prop 26 that requires a 2/3 vote to do away with hidden feess.

Most of the propositions passed; that means more Americans feel these services are justified, and we are willing to pay more in taxes to pay for them.






okie
 
  1  
Reply Tue 9 Nov, 2010 11:21 am
@cicerone imposter,
cicerone imposter wrote:

mm, Most people - who are honest - pay the income tax liability that is calculated from their income and deductions.

What you people are arguing is that taxing the wealthy more is tantamount to transferring wealth from the rich to the poor; that's bull **** number one.

Put your thinking cap on, ci, along with some intellectual honesty. It is totally obvious that if the rich are paying the vast majority of all taxes, and that if the poor are receiving more from the government in proportion to what they pay, that they are receiving redistributed wealth from the government. In fact, if you are a family of four earning about 20 grand, you will receive several thousand over and above what you pay in taxes back from the government. Now, that money certainly cannot be the same money that you paid in, so it must be money from the more wealthy that did, which obviously indicates the money was redistributed. Even if you don't receive money back from the IRS, but you pay no tax or very little tax, you are receiving services that cost money, that money being paid by higher earners, which essentially is redistribution of wealth.
Quote:
Your argument number two is that the wealthy already pay their "fair share" in taxes. That's bull **** number two. When the government continues to run deficits and increases the national debt, those "loans" must be paid sooner or later. They will be transferred to our children and grandchildren. That's transferring wealth to the current people with wealth, and leaving the debt for our children. That's not logical or ethical.

Again, if the top 50% of income people in this country are paying more than 97% of the income tax collected in this country, then the top earners are in fact paying more than their fair share. Nobody in their right mind would claim that the top 50% are consuming more than half of what government spends. Are you in your right mind, ci? Try to be intellectually honest, okay? Here is the link, ci: http://www.ntu.org/tax-basics/who-pays-income-taxes.html
Quote:
Now, you say, the rich should pay more by "volunteering" to pay more in taxes. That's bull **** number three.

mm's point is a good one. If you feel that strongly that you are not paying your fair share, you can volunteer to pay more. That is not BS as you label it. Here is the proof of that: http://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm
In fact this year, people have apparently already contributed 2.8 million voluntarily. It is obvious however that 2.8 million is only a drop in the bucket, in fact it is less than 1% of 1 billion, which is still only a drop in the bucket. Besides that, I would suggest that if that 2.8 million was contributed to a private charity, it might accomplish more than what it will by being given to the government.
Quote:
Your last question,
Quote:
do they, or do you, willingly pay more then you have to?
The answer is "yes," and several of us on these threads have said as much. I believe even Cyclo said it. Your accusation is also bull ****; that's number four.

I voted for all the propositions during the last election to a) help pay to upgrade our schools, b) maintain health insurance for all of our children, c) Establishes $18 Annual Vehicle License Surcharge to Help Fund State Parks and Wildlife Programs, and d) and prop 26 that requires a 2/3 vote to do away with hidden feess.

Most of the propositions passed; that means more Americans feel these services are justified, and we are willing to pay more in taxes to pay for them.
To clarify what you have said, do you voluntarily pay more tax, or are you volunteering all of us to pay more tax? It seems it must be the latter, as you speak of voting for higher taxes for everyone. And you speak of voting for the government to do more and to spend more, even though the debt is already astronomical. As mm has pointed out, you are free to voluntarily pay more tax. If you feel that the government should spend more, then you should be trying to help pay for it. Some of us feel that the government is already spending too much money and should cut spending, okay?

Again, here is the information about voluntary contributions, ci. Let us know how much you are going to contribute. Some of us are interested to see if you will put your money where your mouth is.

Let me guess, ci, I am guessing you will respond to this very logical post of mine, that contains useful and pertinent information for you, with name calling and ridicule of my character. Instead, how about trying to refute the numbers and the facts that I have posted, with facts of your own. That is if you think the numbers and facts are wrong. Example, if you do not believe voluntary contributions can be made, or if you do not think that the top 5% income people pay over 95% or so of the income tax. In other words, I would like to see some civil discourse out of you here, backed up by facts and figures.
0 Replies
 
mysteryman
 
  2  
Reply Tue 9 Nov, 2010 11:27 am
@cicerone imposter,
Quote:
What you people are arguing is that taxing the wealthy more is tantamount to transferring wealth from the rich to the poor; that's bull **** number one


Whats this "you people"?
I have never made the argument that taxing the wealthy more is transferring wealth, and you know that.

Quote:
Your argument number two is that the wealthy already pay their "fair share" in taxes. That's bull **** number two.


My argument is not that the wealthy already pay their "fair share", but that no matter how much the govt gets in taxes, they will spend more. You cannot tax your way out of a deficit.
Also, nobody has yet said what the "fair share" for the wealthy should be. Should the tax rate be 90% or even higher then that?
And define wealthy.
Most of us in the middlr class, if you were to convert all of our assets and property to cash, would fall into the wealthy class.
That would be the value of your home, your vehicles, your investments, your personal property, everything.
And what do you propose if taxing the wealthy more doesnt decrease the deficit?
Will you then lower the bar on what is defined as wealthy?


Quote:
Now, you say, the rich should pay more by "volunteering" to pay more in taxes. That's bull **** number three


No, thats not what I said.
You mentioned Bill Gates specifically, and I ASKED you if he or you voluntarily paid more in taxes then was required.
I also said that there was no law stopping you or them from paying more if they wanted to.

Quote:
Your accusation is also bull ****; that's number four.


I made no accusation, I asked a question.
I dont remember anyone on here ever saying that they voluntarily paid more in taxes then they were required to, so I will take your word for it that some people have.

okie
 
  2  
Reply Tue 9 Nov, 2010 11:32 am
@mysteryman,
mysteryman wrote:
I made no accusation, I asked a question.
I dont remember anyone on here ever saying that they voluntarily paid more in taxes then they were required to, so I will take your word for it that some people have.

I could be wrong, but I think what ci meant to say is that he voted for higher taxes and that others on this board have also, not that some here have voluntarily paid more taxes. I asked ci for a clarification in my above post. And I provided a link showing that voluntarily paying more tax is done and how it can be done if ci and others are so motivated to do so.
0 Replies
 
ican711nm
 
  1  
Reply Tue 9 Nov, 2010 12:43 pm
Quote:
United States Unemployment Rate
Here's a look at the U.S. unemployment rate for selected years from 1920 to 2008.

Year Rate
1920 5.2 %
1928 4.2
1930 8.7
1932 23.6
1934 21.7
1936 16.9
1938 19.0
1940 14.6
1942 4.7%
1944 1.2
1946 3.9
1948 3.8
1950 5.3
1952 3.0
1954 5.5
1956 4.1
1958 6.8%
1960 5.5
1962 5.5
1964 5.2
1966 3.8
1968 3.6
1970 4.9
1972 5.6
1974 5.6%
1976 7.7
19781 6.1
1980 7.1
1982 9.7
1984 7.5
19861 7.0
1987 6.2
1988 5.5
1989 5.3
19901 5.6%
1991 6.8
1992 7.5
1993 6.9
19941 6.1
1995 5.6
1996 5.4
19971 4.9
19981 4.5
19991 4.2
20001 4.0
2001 4.7
2002 5.8
20031 6.0%
20041 5.5
20051 5.1
2006 4.6
2007 4.6
2008 5.8

Read more: United States Unemployment Rate 1920–2008 — Infoplease.com http://www.infoplease.com/ipa/A0104719.html#ixzz14oPN5gSl
okie
 
  1  
Reply Tue 9 Nov, 2010 12:51 pm
@ican711nm,
Add to that a 9.3% rate for 2009, ican, which was Obama's first year as president. 2010 will probably end up having an even higher annual average. Based upon through October, I am going to guess about 9.6%.

And the worst statistic is the U6 one, which shows the underemployed and those that have given up, which remains about 17%.
0 Replies
 
ican711nm
 
  2  
Reply Tue 9 Nov, 2010 12:54 pm
Quote:
http://www.bea.gov/national/nipaweb/TablePrint.asp?FirstYear=1965&LastYear=2008&Freq=Year&SelectedTable=5&ViewSeries=NO&Java=no&MaxValue=14412.8&MaxChars=8&Request3Place=N&3Place=N&FromView=YES&Legal=&Land=

Table 1.1.5. Gross Domestic Product
[Billions of dollars]
Today is: 2/9/2009 Last Revised on January 30, 2009 Next Release Date February 27, 2009

1976 – 1,825.3 ---------
1977 -- 2,030.9 CARTER
1978 -- 2,294.7
1979 -- 2,563.3
1980 -- 2,789.5 -- +52.8
1981 –- 3,128.4 REAGAN
1982 –- 3,255.0
1983 –- 3,536.7
1984 –- 3,933.2 -- +41.0
1985 –- 4,220.3
1986 –- 4,462.8
1987 –- 4,739.5
1988 –- 5,103.8 -- +29.8
1989 –- 5,484.4 BUSH 41
1990 –- 5,803.1
1991 –- 5,995.9
1992 –- 6,337.7 -- +24.2
1993 –- 6,657.4 CLINTON
1994 –- 7,072.2
1995 –- 7,397.7
1996 –- 7,816.9 -- +23.3
1997 –- 8,304.3
1998 –- 8,747.0
1999 –- 9,268.4
2000 –- 9,817.0 – +12.8
2001 –- 10,128.0 BUSH 43
2002 –- 10,469.6
2003 –- 10,960.8
2004 –- 11,685.9 -- +19.0
2005 –- 12,421.9
2006 –- 13,178.4 -- +12.8(over 2 years)
2007 –- 13,807.5
2008 –- 14,208.7 -- +21.6(over 4 years)

[/quote]
0 Replies
 
ican711nm
 
  2  
Reply Tue 9 Nov, 2010 01:11 pm
It is clear from my two previous posts that an increasing GDP is not a valid measure of trends in the fundamental health of the USA economy.

The two most valid measures of trends in the fundamental health of the USA economy are TOTAL US CIVILIAN EMPLOYMENT, and PERCENT OF CIVILIAN POPULATION EMPLOYED.
Quote:

ftp://ftp.bls.gov/pub/suppl/empsit.cpseea1.txt
Year……TOTAL US CIVILIAN EMPLOYMENT
1980……………..99 million [CARTER]
1988…………… 115 million [REAGAN]
1992…………….118 million [BUSH41]
2000……………137 million [CLINTON]
2007………..….146 million [BUSH43]
2008………….. 145 million [BUSH43]
2009,……….....140 million [OBAMA]
2010.……………139 million [OBAMA] (as of September 2010 and not final year of term)

Year.…….PERCENT OF CIVILIAN POPULATION EMPLOYED
1980…………………………………….59.2 [CARTER]
1988…………………………………….62.3 [REAGAN]
1992…………………………………….61.5 [BUSH41]
2000…………………………………….64.4 [CLINTON]
2007…………………………………….63.0 [BUSH43]
2008…………………………………….62.2 [BUSH43]
2009…………………………………….59.3 [OBAMA]
2010…………………………………….58.5 [OBAMA] (as of September 2010 and not final year of term)


okie
 
  2  
Reply Tue 9 Nov, 2010 01:59 pm
@ican711nm,
ican711nm wrote:

It is clear from my two previous posts that an increasing GDP is not a valid measure of trends in the fundamental health of the USA economy.

ican, I have been suspicious of the gdp numbers now for a long time. I wish I was more informed on that figure, how it is calculated, and more. The reasons I am skeptical are many, but simply looking around at what we buy every day, how much of it is made or grown in the United States?
0 Replies
 
cicerone imposter
 
  1  
Reply Tue 9 Nov, 2010 03:19 pm
@mysteryman,
If you're not "you people," why are you upset?
ican711nm
 
  -2  
Reply Tue 9 Nov, 2010 03:33 pm
Okie, I hope this helps you more than it helps me. I don't understand why employment can decrease while GDP increases.
Quote:

http://en.wikipedia.org/wiki/Gross_domestic_product
...

CIA World Factbook 2008 figures of total nominal GDP (bottom) compared to PPP-adjusted GDP (top)
Countries by 2008 GDP (nominal) per capita (IMF, October 2008 estimate)
GDP (PPP) per capitaThe gross domestic product (GDP) or gross domestic income (GDI) is the amount of goods and services produced in a year, in a country. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living,[1] alternative measures to GDP for that purpose.[2]

Gross domestic product comes under the heading of national accounts, which is a subject in macroeconomics.

...

GDP can be determined in three ways, all of which should in principle give the same result. They are the product (or output) approach, the income approach, and the expenditure approach.

The most direct of the three is the product approach, which sums the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of the product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers," colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes.[3]
...
 

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