Quote: Originally posted by MitchMan  | | Quote: Originally posted by David K | I was born in California, watched it go downhill as "east coast liberals" arrived and wanted to make this state 'stink' like the one they moved away
from! Why do I have to move from my native land? California schools here were some of the nation's best in the 60s and 70s... became the worst in the
90s and 00s.
Californians who wanted their freedoms back had to move to other states (or Mexico)! Not all of us can. My kids both want to leave, one did. The other
can't make enough to have the lifestyle they grew up in because living costs are so now high here (but not in other states).
Why is it this way? Big government doing far more than the constitution mandates and allowing non-tax paying law breakers to have sanctuary, on the
backs of the taxpayers.
[Edited on 12-24-2016 by David K] |
The problem that we have economically, and the problem that Europe has economically is due to "supply side economics". Supply side economics is what
has caused universal economic hardship for the bottom 98% all over the western world. Be advised that "supply side economics" is a right wing,
conservative, Republican creation...not an east coast liberal thing. It started with Ronald Reagan and continues to this day. It is the complete and
entire reason for our children’s inability to do as well economically as we retired guys have done. It is completely a right wing thing. Completely.
Supply side economics stands for lower income tax rates for the top earners, a reduction or elimination of estate taxes, reduction and/or elimination
of unions and collective bargaining, removal of the minimum wage, less regulation so that business can save money by not spending money on regulation
compliance where the regulations expand competition and protect the worker and the consumers from harm and that protect consumers from financial harm
and protect the planet from harm, increased spending on defense and reduction in entitlements and Medicare and Social Security, plus more
privatization of government functions. It was right wing supply side economics of insufficient regulation and application that was the entire and
complete cause of the near collapse in 2008 of the financial structure and the resultant past 30 years of economic financial hardship of the bottom
98% and the accompanying destructive inequitable lopsided disparity of wealth and income that our country currently has.
Supply side economics is a right wing agenda ushered in by the Presidency of Ronal Reagan and our economy continues to reflect the right wing agenda
to this day.
Donald Trump will be the President because he won the electoral college vote by falsely representing that he is for the working man but all of his
appointments scream “supply side economics” in spades. What will be the outcome of Trump’s Presidency will be less regulation, lower taxes for the
top earners, less collective bargaining, reduction or elimination of the estate tax, fewer financial consumer protections, more spending on defense
and reductions to Medicare, Social Security, and other safety nets, all of which will lead to more economic disparity into the long term. That means
things will not be good for our kids in the long term.
That is and has always been the long term result of supply side economics which is "a right wing thing"...not an east coast liberal thing.
Also, there will be no “draining of the swamp” in DC as Trump is filling the swamp with his own critters.
BTW, California has the 6th largest economy in the world. |
Wow, such denial... It is so easy to see how far off the mark this is. We may be the 6th largest economy, but if you SPEND more than you take in, you
are as poor as Burundi. We don't have a tax income problem, we have a spending problem! Our streets could be paved with gold (or at least fresh
asphalt) if the government was a good steward of our money.
Capitalism, free-market, supply-side (in your terms) is why America is the great nation with unlimited potential for ANYONE who works for it to
achieve. It is far fairer a system than one that 'punishes success' with taxes that grow relative to how successful you are. It also produces far more
jobs at no cost to taxpayers than the false, shovel ready government jobs wildly touted, but never existed or lasted.
[Edited on 12-24-2016 by David K] |
