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The Liberal Media

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Sam wouldn't have put a walmart there if there weren't people, mostly on the lower income class, that were going to shop there.

I'm not saying that Walmart is not meeting demand by placing his stores where he places them. I'm saying that you and I and the majority of the population are not working for the people that shop at Walmart. Not that there's anything wrong with shopping at Walmart. Like I said before, those people who shop at Walmart are getting paid from someone else. Someone who probably does not shop at Walmart (a rich person). I feel like I'm really repeating myself here.
 
waka;2038113 That is one ignorant statement. As if capitalism is some perfect machine.:rolleyes:

Capitalism isn't perfect, but it's a lot better than the alternatives.

Small business is the engine that drives capitalism. Walmart started out as a small business. Microsoft started out as a small business. Dell started out as a small business. McDonald's started out as a small business. Does anyone see the pattern here?

Innovation and the freedom to make it work creates jobs that create wealth and more jobs.
 
That's the problem with you Laissez Faire capitalists, you think it's all black and white between socialism and capitalism. In real life, there are many shades of gray. Many accuse any regulation of capitalism as socialism. It's kind of stupid to do so, but if you want to say that, so be it. We need a balance of capitalism and socialism for society to function.

Laissez Faire capitalism IS JUST AS insidious to society as Communism
 
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This is the kind of crap that pisses me off. This country is headed straight to socialism. CNN is selling the tickets, and Obama is driving the bus.

(and us fancy jet pilots will be sitting in the back).

Wolf


http://finance.yahoo.com/career-wor...tra-rich-what-they-cost?mod=career-leadership

Ever hear of a show called "Lifestyles of the Rich and Famous"?? Still plenty of wealthy people.... nothing to see here.

I agree with gunfyter.... the more the merrier... and yes, keep the tax cuts because that is my job too. True the tax cuts are not paid for, but I am almost 40.... I figure I have 20-30 good years left and wont have to worry about any of this debt anyway.Plus, then I will be as grouchy and miserable as you are after reading a harmless article about things rich people buy.
 
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Thank God for the Chinese communists who are willing to lend us money so we can continue the capitalist American Dream.
 
Thank God for the Chinese communists who are willing to lend us money so we can continue the capitalist American Dream.

The Chinese treat Capital better than we do. Lower taxes. Corporate tax rate in the US is 35%. In China it ranges from 10% to 25%. Tax cuts for the Rich work... as demonstrated by China! Fractional Flying grew fastest with the Bush tax cuts --- with these low Chinese tax rates ...Standby for NJ China.

All we have to do is eliminate taxes on Capital and Income by implementing the Fair Tax. At the very least we should lower taxes on the Rich to match the Chinese....

The Great Tax Cut of China
http://www.hoover.org/publications/hoover-digest/article/6789

China to cut corporate tax Jul 6, 2010 ... BEIJING
http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_550257.html
China has averaged 10 percent real growth annually for nineteen years, a world record. The key ingredient? Massive, sustained tax reduction​
.
 
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China has averaged 10 percent real growth annually for nineteen years, a world record. The key ingredient? Massive, sustained tax reduction​
.

Don't forget the strong centralized government.

Could that have also contributed to their growth and stability?
 
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Don't forget the strong centralized government.

Could that have also contributed to their growth and stability?

If we could get a strong Centralized government to reduce taxes to China's level it might.

Right now tax revenues collected by the United States is almost 20% of GDP. China is less than 10%! The tax burden of Americans is now DOUBLE the burden of China.

In 1978 the tax burden in China was 31% GDP before they started cutting taxes. They had a strong centralized government before the tax cuts, but a crappy economy. So NO, I think the strong centralized government had nothing to do with economic growth. It was tax Policy.

Lets give tax cuts a chance ... it worked for the Chinese.
 
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If we could get a strong Centralized government to reduce taxes to China's level it might.

Right now tax revenues collected by the United States is almost 20% of GDP. China is less than 10%! The tax burden of Americans is now DOUBLE the burden of China.

In 1978 the tax burden in China was 31% GDP before they started cutting taxes. They had a strong centralized government before the tax cuts, but a crappy economy. So NO, I think the strong centralized government had nothing to do with economic growth. It was tax Policy.

Lets give tax cuts a chance ... it worked for the Chinese.



Don't try to confuse them with facts, it never works.
 
Don't try to confuse them with facts, it never works.


The heart of the wise inclines to the right,
but the heart of the fool to the left.

- Ecclesiastes 10:2 (NIV)
 
Aren't we coming off a full decade of lower taxes and deregulation? I guess that's why the economy is going so swimingly.
 
We had a massive expansion of the economy ... but we just can't expand the economy as fast as Congress can outspend revenues... requiring borrowing and debt.

But no ... we had an increase in regulation ... as measured by the increase in number of pages of federal Regulation over that time.

Bush's Regulatory Kiss-Off - Reason Magazine


"... Overall, the final outcome of this Republican regulation has been a significant increase in regulatory activity and cost since 2001. The number of pages added to the Federal Register, which lists all new regulations, reached an all-time high of 78,090 in 2007, up from 64,438 in 2001...."

Published on March 25, 2008 by James Gattuso
In this election year, Americans will hear a lot about taxes. Candidates for everything from President to vil*****lage alderman will present their plans on who should pay and how much. Yet in the political frenzy, one type of tax will almost certainly be overlooked: the hidden tax of regulation. The federal government alone enforces thousands of pages of regulations that impose a burden of some $1.1 trillion-an amount that is comparable to total federal income tax receipts.

And the cost of regulation is getting higher. Despite the claims of critics-and some supporters-of the Bush Administration, net regulatory burdens have increased in the years since George W. Bush assumed the presidency. Since 2001, the federal government has imposed almost $30 billion in new regulatory costs on Americans. About $11 billion was imposed in fiscal year (FY) 2007 alone.


Even more are on the way. Historically, the amount of regulatory activity surges dramatically in the last year of a presidential Administration, whether Repub*****lican or Democrat, as regulators, freed from normal political constraints, clean off their desks. A similar surge looks likely for the final year of the Bush Admin*****istration unless the President and other policymakers keep a tight hand on the regulatory leash.
 
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German austerity vs US liberal spending

Defying Others, Germany Finds Economic Success - NYTimes.com
Aug 13, 2010 ...

BERLIN — Germany has sparred with its European partners over how to respond to the financial crisis, argued with the United States over the benefits of stimulus versus austerity, and defiantly pursued its own vision of how to keep its economy strong.

Statistics released Friday buttress Germany’s view that it had the formula right all along. The government on Friday announced quarter-on-quarter economic growth of 2.2 percent, Germany’s best performance since reunification 20 years ago — and equivalent to a nearly 9 percent annual rate if growth were that robust all year.

The strong growth figures will also bolster the conviction here that German workers and companies in recent years made the short-term sacrifices necessary for long-term success that Germany’s European partners did not. And it will reinforce the widespread conviction among policy makers that they handled the financial crisis and the painful recession that followed it far better than the United States, which, they never hesitate to remind, brought the world into this crisis.
The Germans did the OPPOSITE of the Obama Administration policy.

9% annual growth! Do you think there would be some Furlough recalls in the Fracs? Hmmmm?

Besides cutting government spending ... how did they do it?

 
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Congress caused the housing bubble and Bush was/is blamed for it. Barney Frank insisted Fannie and Freddie were fine loaning money to people who should have been renting.

Glenn Beck has a great show and inspires millions to get their heads outta the sand and learn how we got here.
 
rumorhasit;2039670 Congress caused the housing bubble and Bush was/is blamed for it. Barney Frank insisted Fannie and Freddie were fine loaning money to people who should have been renting.

Glenn Beck has a great show and inspires millions to get their heads outta the sand and learn how we got here.

Lately, ol' Barney is pushing to abolish Fannie and Freddy. I wonder id he's really pushing to get rid of the evidence.

With you all the way on Glenn.
 

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