Trickle-down is a scam, extending the Bush tax cut is wrong:

[Mr. dB]

hell...it's christmas time, let santa claus and the baby jesus deal with it...there's probably a better chance of that happening than the u.n./international community scenario

































sorry...i couldn't help myself

This is probably true. But that's a necessary transition if we're to resign our position as World Cops.

 

[EnderJE]

hell...it's christmas time, let santa claus and the baby jesus deal with it...there's probably a better chance of that happening than the u.n./international community scenario

I really wish that someone would go in front of the UN and say "guys, seriously...what do you do?"

 

[twenty47]

i love when people act like tax cuts is giving money to the rich.

THEY ARE TAKING LESS. ITS THEIR MONEY


lol

 

[b0und]

Besides, the Iraqis have not been exporting terrorism, we are not engaging the people over there who we would be engaging over here if we weren't over there. Only in the early days of Afghanistan were we engaging Al Qaeda directly.

Exactly right. The Iraq war was a waste of lives, money and time from the beginning. The Afghanistan war has become a quagmire, same shit just deeper.

Those trillions of dollars spent on these futile wars would come in handy now.










b0und (how many trillions? Lost count)

 

[mrplunkey]

i love when people act like tax cuts is giving money to the rich.

THEY ARE TAKING LESS. ITS THEIR MONEY


lol

+1,000,000

And since when did not letting taxes increase become a tax cut?

 

[Mr. dB]

Exactly right. The Iraq war was a waste of lives, money and time from the beginning. The Afghanistan war has become a quagmire, same shit just deeper.

Those trillions of dollars spent on these futile wars would come in handy now.










b0und (how many trillions? Lost count)

I personally think that the futile wars are somehow the root cause of the financial collapse.

 

[Mr. dB]

+1,000,000

And since when did not letting taxes increase become a tax cut?

When Bush enacted it, it was a tax cut. That tax cut was designed to expire, so repealing that expiration amounts to extending a tax cut.

 

[b0und]

As for tax cuts:

If you adjust/reduce the brackets for lower and middle income earners, ie 15k - 80k, then you will automatically boost consumption, savings and your whole economy.

As 75th pointed out the top 1% have been getting a bigger and bigger share of the wealth while reducing their relative tax contribution.

Time for re-adjustment, start taxing income millionaires more, tax people between 15-80k less. Cut down on long term ss benefits gradually to prod people back into the workforce, 75% s/s or benefits of what you would earn is way too much.

And cut wasteful military and intelligence spending on all these contractors.






b0und (2 cents)

 

[Mr. dB]

Prod people back into WHAT workforce?

 

[javaguru]

I personally think that the futile wars are somehow the root cause of the financial collapse.

The banking collapse was inevitable. I did my law school thesis in banking law and I remember the professor stating after Clinton signed the repeal of Glass-Steagal,"There will be a major banking collapse in the next twenty years.

I did my thesis on the S&L Crisis and the banks were doing the same things in the 1980's.