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The need to raise taxes...

onthebottom

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someone said:
Thanks for clearing that up. I would not take the CIA too seriously as they were the people who claimed Iraq had MWDs. :D .......
That was a bit weak.

OTB
 

onthebottom

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papasmerf said:
Frankly I question the need to raise taxes.........Moreover I question the Governments ability to live within a budget.

Reality is we need public audits.
There are those in Denmark that don't think 51% is enough... those rich guys are always getting tax cuts don't you know....

LOL

OTB
 

papasmerf

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onthebottom said:
There are those in Denmark that don't think 51% is enough... those rich guys are always getting tax cuts don't you know....

LOL

OTB
Don't know but would like to :p
 

someone

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onthebottom said:
The only thing that controls spending is concern over budget deficits, there is no other control. If you think either political party or branch of government is an efficient user of public funds you're kidding yourself. The only way to control government is to starve it of cash - that means instead of making hard choices it will run a deficit, when that deficit grows uncomfortably large there is political pressure.

OTB
I’m just curious, given your hypothesis, how do you explain the huge growth in spending under bush. It seems to me that based on your hypothesis, his large deficits, should have kept spending low. However, according to the following, even excluding defence and homeland security, he has been the biggest spending president in 30 years.

http://www.cato.org/pub_display.php?pub_id=3750
 

danmand

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onthebottom said:
There are those in Denmark that don't think 51% is enough... those rich guys are always getting tax cuts don't you know....
You will never be able to understand it. The danish system is more
foreign to you than communism. The basic concepts are equality and social responsibility.

The results speaks for themselves. Without any natural ressources,
and still supporting Greenland, Denmark is one of the best places in Europe to start
a business in, it has an impressive list of world class companies,
living standards are high, and people are secure and happy.

What a disaster.
 

fuji

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Unfortunately neither the Republicans nor the Democrats are proposing anything close to economic sanity for the United States. Neither party will work to reign in spending (whether government or private) nor constrain the trade deficit nor constrain the budget deficit.

The Republicans are the biggest over-spenders, with the Democrats doing their level best to appear as even bigger ones without quite managing it.

No-one is actually interested in returning the United States to the sort of work ethic it once had back when people believed they had to pay their own way.
 

papasmerf

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fuji said:
No-one is actually interested in returning the United States to the sort of work ethic it once had back when people believed they had to pay their own way.
Problem is that back in the 50's and 60's you could turn 18 and get a job you could support a family on. Now it takes 2 incomes in most cases. As manufacturing was move off shore the blue collar work ethic began to vanish. Today for the most part you need a degree and debt to find a job that your close to the economic standard your grandfather had. Difference is grandpa knew that if you showed up everyday and gave your best effort he would succeed. Today many companies seem to want to know how they can cut position not grow positions. So many kids fund that back stabbing is a short cut to security.


Manufacturing creates the best economic base for any area not service jobs. I earn a good living in the service industry but without companies to service my job becomes extinct.
 

fuji

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I don't believe it. If you wanted to have the same standard of living as your grandfather it would be relatively cheap in today's world. The problem is people now want more than that, much more.
 

fuji

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That's what I don't believe. I think a wage today buys more than it did in 1950. People have just become greedier. Everyone now wants two cars, central air conditioning, exotic foods from far away (like fresh fruit in winter), fancy vacations, and other things that your grandfather never had.
 

danmand

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fuji said:
That's what I don't believe. I think a wage today buys more than it did in 1950. People have just become greedier. Everyone now wants two cars, central air conditioning, exotic foods from far away (like fresh fruit in winter), fancy vacations, and other things that your grandfather never had.
But that is totally beside the point. Only if you are single and want to live in
a cabin without electric light and running hot water can you live like your grandfather did.
 

papasmerf

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danmand said:
But that is totally beside the point. Only if you are single and want to live in
a cabin without electric light and running hot water can you live like your grandfather did.
Must have gone over your head............The term grandfather is meant to address those who's road from education is far shorter then the road to retirement........For us older farts who are wondering how much health insurance will cost when we retire it would be our fathers we look to.
 

onthebottom

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papasmerf said:
Problem is that back in the 50's and 60's you could turn 18 and get a job you could support a family on. Now it takes 2 incomes in most cases. As manufacturing was move off shore the blue collar work ethic began to vanish. Today for the most part you need a degree and debt to find a job that your close to the economic standard your grandfather had. Difference is grandpa knew that if you showed up everyday and gave your best effort he would succeed. Today many companies seem to want to know how they can cut position not grow positions. So many kids fund that back stabbing is a short cut to security.


Manufacturing creates the best economic base for any area not service jobs. I earn a good living in the service industry but without companies to service my job becomes extinct.
This is clearly not the case, go look at the rich countries, ALL of them are services economies.

See statement earlier about wanting to work in the 1950s....

OTB
 

onthebottom

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papasmerf said:
Must have gone over your head............The term grandfather is meant to address those who's road from education is far shorter then the road to retirement........For us older farts who are wondering how much health insurance will cost when we retire it would be our fathers we look to.
Nothing, Medicare will pay it for you.

OTB
 

papasmerf

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onthebottom said:
This is clearly not the case, go look at the rich countries, ALL of them are services economies.

See statement earlier about wanting to work in the 1950s....

OTB
Judge an economy by the common working class........
 

onthebottom

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papasmerf said:
Judge an economy by the common working class........
You are correct, you no longer can earn a middle class income without doing anything more than graduating from high school..... I can live with that.

OTB
 

fuji

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danmand said:
But that is totally beside the point. Only if you are single and want to live in
a cabin without electric light and running hot water can you live like your grandfather did.
That's the point though -- you actually want to live better than your grandfather did. That costs more.
 

onthebottom

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fuji said:
That's the point though -- you actually want to live better than your grandfather did. That costs more.
Both of my grandfathers grew up on farms, it would be impossible to compare my opportunities with theirs. They worked harder (one a machinist, the other a teamster) and I live MUCH better. I think you idolize those times at the peril of reality.

OTB
 

onthebottom

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DonQuixote said:
Wrong. College is the new High School.
If you want to be Middle Class get a
Graduate Degree in a viable sector.

You haven't considered the cost of a
college education much less an advanced
degree.

To get a post-bachelors degree you're looking
at $100k or more.

We can argue over health care but don't start
talking about college and advanced costs.

I'm in an Masters in Law program and it'll
cost me $40k. Why. I'm trying to avoid
rigid thinking, eh OTB.
I have a 4 year degree and earned 325k last year.... that degree would cost me 8,500 a year at Ohio State today, when I got it it cost me between 750 and 2,500 per year....

A good return I'd say.

OTB
 

WoodPeckr

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onthebottom said:
I have a 4 year degree and earned 325k last year.... that degree would cost me 8,500 a year at Ohio State today, when I got it it cost me between 750 and 2,500 per year....

A good return I'd say.

OTB
You were an obvious lucky fluke......:rolleyes:
Many in Ohio are not faring as well.......


It’s grim in Ohio as voters cite economy

Clinton, Obama tailor messages to job climate
By Jerry Zremski
Updated: 02/28/08 6:54 AM

ZANESVILLE, Ohio — At 28, Crystal Young is a college graduate, a full-time worker at the local Dollar General, a part-time clerk at the Sheetz convenience store, and just the kind of person Sen. Hillary Rodham Clinton is counting on in Tuesday’s Ohio primary.

“I work two jobs, and I can’t afford health care,” said Young, who can’t find a better job in this Jamestown-size community in the foothills of Appalachia despite her psychology degree from Ohio University at Zanesville. “I voted for Bill [Clinton], and things were a lot better when he was president, so I think they will be if Hillary gets elected.”

You’ll find plenty of voters like Young in this beaten-down state, which has lost 200,000 manufacturing jobs — a quarter of what it had — since the turn of the decade. [more]
 

cypherpunk

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fuji said:
That's the point though -- you actually want to live better than your grandfather did. That costs more.
No. The idea of economic progress is that you can achieve more with the same amount of input (cost). It's worth pointing out here that real progress according to some estimations has been abysmal for the last generation or two.
 
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