Quote:
Originally Posted by otisotisotis
(Post 690303)
joey,
Obama is just another in the perpetual line of misleaders that include the Bushes, Clinton, and Reagan.
Banks and Business will never be consumed by debt owed to anyone. They are already in bed with the Red Dragon!
Just think, when good, decent manufacturing jobs where taken away for the middle/lower middle class and sent to the Asain, slave labor camps - who made it happen? Banks and Big Business.
And to sell the American public on the idea, they said the 'U.S. worker demands to much money and we can't keep prices low,' so they moved overseas. And quess what? Prices didn't go lower, they didn't even stay the same, because the big dogs on top were busy raking in even more cashola.
'100 years of liberalism', or 20 years of Reaganomics - it's all the same. Liberals, conservatives, etc.. these are just propagandic labels that have been forced down your throat to keep you devisive to one another, so that you don't see what they do behind your back.
You have been sold a bastardized version of the 'American Dream'. They give you a little crumb of the pie and convince you that you are satiated and content, while they go behind and take all of the cherries for themselves.
Greed is the reason we have this situation today.The powerful only crave one thing- more power!
'Obama and others of his ilk' - This includes all politicians. They are tools, and try only to be career tools for the money grab. They do not care about you, only your vote. And they will not allow this country to return to any semblence of the one you have been sold your entire life, that genie left the bottle a long time ago and took sovreignty, and all the cherries, with it.
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Wow, I thought I was cynical.
How can you compare the 100 years of liberalism and 20 years of "Reaganomics" as equivalent? The fact remains that during 1982-1989, receipts of revenue to the U.S. government tripled. That was in spite of lowering the top marginal rate from 70 percent down to 28 percent. People took the money they were sheltering, invested it, made profits which they paid some portion of as taxes. The economy was booming. If we had that performance now, the debt would be retired in a reasonable amount of time.
But what else happened? The Democrat-controlled Congress, where all spending must originate, outspent the revenue, again -- the tripled revenue, to still spend us into a deficit. Add up enough deficits, and you get a huge debt like today. Now there were other expenses too -- the Apollo program, the Manhattan Project and all the World War II costs -- they were big tag items too.
No one will dispute that politicians of both, or all, political stripes desire more and more power. That's universal around the world. But we were given a limited government with a Constitution, separation of powers, checks and balances, and the fundamental principle that any powers not explicitly written in that constitution are reserved to the people -- us.
And you're correct about big business moving jobs overseas, but if they are taxed or regulated too much, isn't that what they would have to do to survive? Why is nothing made here anymore? Wouldn't they see it as better to make goods here, with all other things being equal, because the transportation costs and delays in getting to the biggest marketplace in the world -- again, us, would be minimized. But they had to move those jobs because of taxes, regulations, over-the-top union demands, and the like. And let me be quick to add: unions are necessary also because if corporations were unchecked, that's no good either.
Product prices were never the driver on the move overseas, because the price of any commodity is driven by "whatever the market will bear" in the form of consumer spending. But profits are gross revenue minus expenses, and every corporation needs profit to survive. So the workers' wages is just one portion of those expenses -- it's not necessarily the reason they moved the jobs -- government regulations also cost money.
And when the tax laws are written to give foreign corporations tax breaks, domestic corporations become foreign ones. Tax them all equally and that goes away.
There's no such thing as a perfect solution, but I think we can do better than the situation we have now.
