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Who's to blame for the slow recovery?


There is much more to the world than liberal checklists.
 
Kansas's problems are the result of far right policies, which are different than "moderate right" policies.

Can you, with details and facts, explain the difference. Also you might as well try and prove how these "moderate right" policies would've resulted in something positive instead of you know, ****
 
There is much more to the world than liberal checklists.

Whereas in the simple world of the doctrinaire conservative, all government is all bad all the time. How silly.
 
Kansas's problems are the result of far right policies, which are different than "moderate right" policies.

At least you acknowledge the idiocy of the far right. But your posts always end up sounding like they're written from the far right. A moderate, "slightly conservative" person should be able to recognize the essential role government plays, and the evil that unregulated free market capitalism does. You never admit either.
 
Can you, with details and facts, explain the difference. Also you might as well try and prove how these "moderate right" policies would've resulted in something positive instead of you know, ****


If tax rates are too high and you cut them it WILL result in more tax revenues. If tax rates are about right or too low, cutting taxes will result in less tax revenues collected. Both the far left and the far right do not understand this. The far left doesn't understand that if tax rates are indeed too high, this will increase tax revenues and the far right does not understand that if tax rates are not too high then even less tax revenues will be collected. Liberals believe that lowering tax rates will ALWAYS result in less taxes collected and the far right believes that lowering tax rates ALWAYS results in more taxes being collected. BOTH sides are wrong and that is what happened in KANSAS. The far righties cut tax rates that were NOT too high and paid the price for their mistake and those far righties are now being challenged in the primaries by moderates. The Laffer curve clearly shows and explains how this works and Arthur Laffer is a conservative economist. He understood how it works but neither the far left nor the far right understands how it works.
 
Did you forget that we owe 20 trillion dollars and add more to it every year?

The person who seems to have forgotten it is Donald Trump. He is proposing $500 billion in stimulus spending on infrastructure, but has no plans for paying for it. Instead, he proposes massive tax cuts for him and his rich buddies, and eliminating estate taxes so free-loader kids who have never spent a day of their lives not rich can continue living on the gravy train.

In contrast, Clinton proposes a $275 billion stimulus, paid for with higher taxes on the very rich.

So which candidate is the more fiscally responsible?
 
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The problem with the Laffer curve is that we don't know where we are on the curve. Here's a good discussion of the efficacy of tax cuts by a moderate conservative, Bruce Bartlett: http://www.nytimes.com/2016/08/13/o...rumps-misguided-embrace-of-tax-cuts.html?_r=0
 

Perhaps you can put some of your flounders on the table, and we can examine just how much life is left in them. Canada has had medicare since 1962, the UK has had socialized medicine since the late '40s, and Germany trumps them all with pensions going back to the 19th century. How long a trial period do you want? The only threat to such programs is the current trend to redistribution of wealth. Redistribution upwards, to the top one percent. When greed trumps community, then yes, there can be problems.

IMO, most of Europe's problems come from half measures. They went halfway to an economic union, and it doesn't work well with disparate economies and cultures. And they went half way in spending in order to get them out of there slump.
 

Whats too HIGH and whats too LOW? Some arbitrary numbers someone makes up?
 
While I believe that some of it is simply the cyclical nature of a market economy, a great deal of blame should be placed on anyone (Republican, Democrat, or other) who has continually voted at the national level to keep us bogged down so long militarily in pointless world affairs....particularly the Middle East. Those resources could have better served the US and its economic growth had they been used more efficiently. Instead we've only managed to add to the national debt pile.
 
Whereas in the simple world of the doctrinaire conservative, all government is all bad all the time. How silly.

That's a very dishonest and untruthful statement and an outright lie. Conservatives are for a smaller and limited federal government, not no government. They actually believe in BIGGER state government and a federal government as outlined in the constitution, you know that thing that liberals believe in so much to defend their liberal policies.
 

Again, that is a flat out lie. Conservatives believe in BIGGER state government and a smaller, limited federal government, not no government. You have been brainwashed by your own blind and partisan biased propaganda.
 


I'll agree with what you say about Trump but that does not mean that Hillary is fiscally responsible. It just means that she is more than Trump. It also ignores the fact that she is a lying dishonest crook. 67% of her own party thinks so. I'm voting for Johnson, who IS fiscally responsible and is not a crook.
 


Didn't read your link yet but I am interested and will. You are right that it can be very difficult to know ahead of time where you are on the curve without trial and error but part of determining it is common sense. Unfortunately the other part is trial and error, which can be a gamble. But the left needs to acknowledge that if tax rates are too high then lowering them can indeed bring in more tax revenue and the far right needs to acknowledge that if tax rates are NOT too high then cutting them will result in even less tax revenues collected. The far right idiots in Kansas did not understand that due to their blind and brainwashed far right propaganda.
 
Whats too HIGH and whats too LOW? Some arbitrary numbers someone makes up?


There are tax rates that are too high and there are some that are too low and there are some that are just right. It can be very difficult to determine at the time exactly where you are on the curve and as times change your spot on the graph can change as well. If tax rates remain unchanged it doesn't necessarily mean that your spot on the curve remains the same forever. Just as liberals claim that we should not be afraid of large numbers with the national debt, they should not be afriad of the Laffer curve. It can be a very useful tool in guiding optimal tax collections if used wisely. The trouble is liberals refuse to believe that cutting tax rates can sometimes increase tax revenues and some far right idiots believe that cutting tax rates always results in more tax revenues.
 

I thought about it. But no, I will not "thrash it out a bit". All you need do is do a Google search using "social spending by country" and you get any number of relevant data. here for instance is the OECD site, where you can see that US public social spending was about 20 percent and its total social spending about 28 percent of GDP. Social Expenditure Database (SOCX) - OECD

This is still not the whole story, but I let's not get too far ahead of ourselves till you have acquainted yourself with the number and their diversity.
 

Fairly accurate article. As I said, the far left falsely believes that tax cuts are never the answer while the far right falsely believes that tax cuts are always the answer. We need to get rid of the partisan beliefs of both extremes and look at the data with unprejudiced eyes in order to make the correct decisions about economics. Liberals are wrong quite often and so is the far right and that's why the country is in such a mess, because moderates have either left both parties or have been thrown overboard by their very own parties in favor of extremes on both sides. Both sides are the party of no and it is either their way or the highway.
 
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For those interested in the Laffer Curve:

Laffer Curve Definition | Investopedia

Laffer Curve - Video | Investopedia

By the way, this curve does not need to be used solely for tax rates. It is useful for a number of different things such as a businesses determining the price to charge for products or services and could even be used to set the minimum wage rates for various parts of the country.
 
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Again, that is a flat out lie. Conservatives believe in BIGGER state government and a smaller, limited federal government, not no government. You have been brainwashed by your own blind and partisan biased propaganda.

Is everyone who disagrees with you a "liar?" Perhaps you should discuss increasing your meds with your full time shrink.

Show me some evidence of conservatives wanting to expand state government. All I ever see is conservatives slashing spending like crazy. Like Kansas, like Louisiana. And they are basketcases as a result.
 

Well, it is well known in Germany in any rate that the present system of Social Security will not work into the future and the payments are being reduced while retirement ages are being extended. And as for UK health system might appear fine to someone with no comparison, but I avoided it like the plague, when I was living in London.

Yes. That is a problem. The vested interests will always look for that explanation and call for more. But, that seems to be coming to an end in many countries of Europe, where the political elite is looking for ways out of the programs without alienating too many voters, like the SPD did in Germany a decade ago. It has never regained a position even close to the one they had and are a stark warning to other Europeans about how to roll back the programs.
 

Who was president last time we balanced the budget?
 
Both sides are the party of no and it is either their way or the highway.

Writes the guy who calls everyone who disagrees with him a liar. :roll:

You're really impressed with yourself. Let me guess--you have an undergraduate degree, or are still working on one. And your in your 20s. Just enough education to think you have all the answers, but not enough education or real world experience to understand a damn thing. Yep, that about sums up your posts.
 

Partisanship duly noted.
 
Again, that is a flat out lie. Conservatives believe in BIGGER state government and a smaller, limited federal government, not no government. You have been brainwashed by your own blind and partisan biased propaganda.

The Libertarian/ far right antipathy towards the federal government is a play for the lowest common denominator, those that become anxious about what they see as intellectually or geographically distant. From an evolutionary perspective, fear is a reasonable response to the unknown, which is why dragons and sea monsters used to be drawn on unexplored parts of maps in times gone by. Fear and anxiety are not functional responses in our modern, tightly connected world however.

Do you really think the problems and issues facing us today will be magically solved by shifting them from DC to 50 state capitals? What gems of knowledge do you have in Kentucky that you have been unwilling to share with the rest of the country? Global warming, green energy, wealth distribution, technology change, unemployment, student debt, welfare policy, health care, trade relationships, monetary and fiscal policy, defense spending.......all made better with 50 demi-kings squabbling and arguing for narrow advantage, shouting me first, me first? The most daunting problems facing us today are not just national, they are global. Looking inwards and closing the village gates is not going to solve them.

If you like fragmentation, take a look at Europe. They are finding out that monetary union is not enough. Using the same currency really requires one central bank, and one set of economic policies, and once one has gone that far, it really necessitates a range of compatible political and social agreement, solidified in law. You'd like to repeat the experiment of a nominal federal government?
 
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