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Thread: There is only one thing that has to be followed in this countries economy.

  1. #81
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    Quote Originally Posted by Supposn View Post
    JBander, I'm among the proponents for three economic proposals in particular:
    (1) Each Labor Day, the federal minimum wage, (FMW) rate should be cost-of-living-adjusted, (COLA'd) by pegging it to a federal cost-price-index number. This method has been successfully retaining Social Security retirement benefits' purchasing powers.
    (2) Each Thanksgiving day until the FMW rate attains 150% of its February 1, 1968 purchasing power, the rate should be increased by an additional 15%. The nation would have benefited if the minimum's purchasing power had been further increased since its peak value, rather than the significant decline we have experienced.
    (3) Enact the trade policy described within Wikipedia's “Import Certificates” article. It would significantly reduce USA's trade deficit of goods in a manner that would increase our domestic production and our numbers of jobs more than otherwise. Beyond the fact that trade deficits always reduce the GDP, I'm among those contending that although the extent of trade deficits' detriment to domestic production cannot be determined, we know that it exceeds the amount of trade deficit itself.

    These three proposals do not materially affect our annual federal budgets; Although, there are initial start-up costs necessary to enacting the self-funding Import Certificate policy.
    They all contribute to increasing our median-wage which is critical to our middle income earning segment of our population.
    The FMW rate effects upon jobs' wages are inversely related to the difference between the minimum's and the job's rate. Those earning the least, proportionally benefit more; those who earn more, proportionally benefit less, but all USA employees benefit from the federal minimum wage rate.

    Respectfully, Supposn.
    I do like your ideas.

  2. #82
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    Quote Originally Posted by jbander View Post
    The workers in this country just over 0 the non working fat people at the top got all of it from
    the massive increase of wealth in over 40 years.
    Attachment 15827

    GEE I WONDER WHAT HAPPENED IN 1981
    Look closer at your own graph. Do you know what happened, and when?

    Do you need hints? Big things were happening in the 1970s. It basically marked the end of the U.S. postwar boom. It was not solely a function of the political party of whoever was President.
    Last edited by Neomalthusian; 13th May 2018 at 09:23 PM.

  3. #83
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    You have zero clue , no time in history has business made more in profit , there was no fall back , when trickle down lie was implemented it all went to corporate profit and the wealth all went to the top.Screenshot from 2018-05-14 10-05-31.jpg

    It's totally amazing you conservitives come in here with your bullshit ,all handed to you by a party that couldn't or wouldn't exist without it.

  4. #84
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    Quote Originally Posted by jbander View Post
    You have zero clue , no time in history has business made more in profit , there was no fall back , when trickle down lie was implemented it all went to corporate profit and the wealth all went to the top.Screenshot from 2018-05-14 10-05-31.jpg

    It's totally amazing you conservitives come in here with your bullshit ,all handed to you by a party that couldn't or wouldn't exist without it.
    I wonder what would happen to that graph if you overlay the presidents in power over time?

    Would that show that left or right is worse? Or would it show that they are both wings on the same bird?

  5. #85
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    Quote Originally Posted by jbander View Post
    You have zero clue , no time in history has business made more in profit , there was no fall back , when trickle down lie was implemented it all went to corporate profit and the wealth all went to the top.Screenshot from 2018-05-14 10-05-31.jpg

    It's totally amazing you conservitives come in here with your bullshit ,all handed to you by a party that couldn't or wouldn't exist without it.
    I'm not really that conservative, I just attack lazy, mindless drooling partisan rhetoric stupid comments and ideas.

    You're trying to tie all economic trends nationally and globally to Ronald Reagan's inauguration. What do not support your vapid partisan rhetoric, and which you therefore don't care to acknowledge, are the energy crisis and Great Inflation of the 1970s, which basically marked the end of the post-WWII economic boom. Those had ripple effects throughout the globe.

    You will never care to look at world economic events objectively and honestly. It all has to be wrapped up into this childish partisan display.

  6. #86
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    Quote Originally Posted by Tennyson View Post
    If what you say is true, the economy would have been booming under Carter and none of this would have happened because of Reagan's tax rate cuts:

    The economy grew by one-third, which was the size Germany’s third largest economy in the world as a result of the tax rate cuts.

    Total federal revenues doubled from just over $517 billion in 1980 to more than $1 trillion in 1990.

    There was a 92 month expansion of the economy, which ended in 1990 after taxes were increased.

    The GDP growth rate for Reagan's term was 4.33%, with a 7.2% in 1984.
    Who's arguing that the economy did bad, that's the point, massive massive increase in wealth none other then pennies went to the worker , why simply because all your scummy leaders only exist to transfer all the new wealth of this country to the top. and that is exactly what happened since 1981, argue that puppy. the highest profits in history, the highest percentage of gross that was profit and the fastest rate of increase of profit in history, trickle down lie gave that massive wealth to the top which can't be argued. But I would love for you to try.

  7. #87
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    Quote Originally Posted by Neomalthusian View Post
    I'm not really that conservative, I just attack lazy, mindless drooling partisan rhetoric stupid comments and ideas.

    You're trying to tie all economic trends nationally and globally to Ronald Reagan's inauguration. What do not support your vapid partisan rhetoric, and which you therefore don't care to acknowledge, are the energy crisis and Great Inflation of the 1970s, which basically marked the end of the post-WWII economic boom. Those had ripple effects throughout the globe.

    You will never care to look at world economic events objectively and honestly. It all has to be wrapped up into this childish partisan display.
    What the hell does any of that have to do with the trickle down lie making almost every dime of new wealth since 1981 going to a small group of people at the top/

  8. #88
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    Quote Originally Posted by jbander View Post
    What the hell does any of that have to do with the trickle down lie making almost every dime of new wealth since 1981 going to a small group of people at the top/
    You only communicate in partisan memes.

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    “Trikle down” economics is proposed by those who would urinate upon us and then inform us it's only raining. It's less sanitary but otherwise similar to the economic concept of “crumbs from the table”.

    Respectfully, Supposn

  10. #90
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    Quote Originally Posted by Supposn View Post
    “Trikle down” economics is proposed by those who would urinate upon us and then inform us it's only raining. It's less sanitary but otherwise similar to the economic concept of “crumbs from the table”.

    Respectfully, Supposn
    You will notice that the right will not deal with the subject of this thread, that through tax law and tax rate the hate party has achieved their goal of distributing every dime of new wealth to this country to the top. Something that is 100% true and there is no excuse other then this hate party operates for one reason, transferring all the new wealth of this wealthy country to the top. If they wonder in their conversation to anything else just bring them back on topic , they will collapse under the truth that all but pennies of the new wealth of this country since 1981 , the start of the trickle down lie went to the top. Wonder what they expect would happen when the top tax rate went from 70% to 28%.

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