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schnurrbart
Veteran Advisor

Econ 101

Saw a fellow this morning who blew holes in the repub "expert" job creators as all you repubies call the 1%ers .  Jobs are created by demand for products mainly by the middle class who buy the majority of most products.  Tax them more and they can't buy as much nor as often therefore fewer jobs are needed. Here also explained how the so called "risk takers",those same 1%ers really aren't taking much of a risk becauseshe money comes from stockholders and people with 401ks and mutual funds. Te investment firms make their money regardless of whether the company makes it or not. The real risk takers are those who have money in an investment firm who invested in the company in question. What it boils down to is that all the r&r boys want to do is make sure the 1%ers get richer and the lower and middle class be damned!

47 Replies
r3020
Senior Advisor

Re: Econ 101


@schnurrbart wrote:

Saw a fellow this morning who blew holes in the repub "expert" job creators as all you repubies call the 1%ers .  Jobs are created by demand for products mainly by the middle class who buy the majority of most products.  Tax them more and they can't buy as much nor as often therefore fewer jobs are needed. Here also explained how the so called "risk takers",those same 1%ers really aren't taking much of a risk becauseshe money comes from stockholders and people with 401ks and mutual funds. Te investment firms make their money regardless of whether the company makes it or not. The real risk takers are those who have money in an investment firm who invested in the company in question. What it boils down to is that all the r&r boys want to do is make sure the 1%ers get richer and the lower and middle class be damned!


Low tax rates is what fuels an economy. Higher energy cost are a middle class tax increase. That's how the EPA destroyes an economy. Get rid of cheap energy generated by coal and force people into high energy created by windmills and solar panels.

Milligan Hay - Iowa d:^)
Veteran Advisor

Re: Econ 101

Every guy just looks in his own pocket and then votes. And the funny part of it is that it's the last year of an administration that counts. [A president] can have three bad ones and then wind up with everybody having money in the fourth, and the incumbent will win so far he needn't even stay up to hear the returns. Conditions win elections, not speeches."
- Will Rogers -
schnurrbart
Veteran Advisor

Re: Econ 101

WHY did the r and r twins tell the lies then?  Never mind, I know why.

kraft-t
Senior Advisor

Re: Such Bull crap

Are you suggesting that the economy never flourished under a high tax scenario? You aren't giving low tax rates for the middle class. You are givin it to the romney types and shower them with a 13% tax rates while the middle class may be paying 30 to 35%.

 

There simply is no justification for such imbalances inb the tax code. They are a produce of rich guys and business lobbying and you are one of the victims. You are not nor will you ever be a  member of the Romney elitist clubs that can write tax laws to benefit them selves.

bruce MN
Advisor

Re: Such Bull crap

Wasting your breath. That's not even topical for him don.  His only requirement for pledging his support for the people you are talking about is that they continue to "support" (cough, cough) the whacked out extremist social and cultural issues that drive him.  He's 30Stradivarius.

r3020
Senior Advisor

Re: Such Bull crap


@bruce MN wrote:

Wasting your breath. That's not even topical for him don.  His only requirement for pledging his support for the people you are talking about is that they continue to "support" (cough, cough) the whacked out extremist social and cultural issues that drive him.  He's 30Stradivarius.


All I want is some one who wants to spend less than 3.8 trillion dollars in the next budget. The only social extremist are on the left.

GreaTOne_65
Senior Contributor

Re: Such Bull crap


@r3020 wrote:

@bruce MN wrote:

Wasting your breath. That's not even topical for him don.  His only requirement for pledging his support for the people you are talking about is that they continue to "support" (cough, cough) the whacked out extremist social and cultural issues that drive him.  He's 30Stradivarius.


All I want is some one who wants to spend less than 3.8 trillion dollars in the next budget. The only social extremist are on the left.



Well it looks like you won't be voting then, because the R&R twins, will double that, with the first 2 promises, Repealing Obamacare and more tax cuts for the wealthy.

r3020
Senior Advisor

Re: Such Bull crap

GTO, the biggest tax on the middle class is the tax the federal reserve put on them by taking the interest rates they earn on their life time of savings to zero. This is because of progressive government spending.

 

Hey Bruce, did I send any messages to the evangelicals in this post?

Nebrfarmr
Veteran Advisor

Re: Econ 101

Jobs, such as factory jobs (which we need more of) are a result of a need of a product, that needs to be produced.  Another good example, would be energy.

Without the demand, it wouldn't matter the cost of the product, or how many people make them.  Except for 'service' jobs like nannys, groundskeepers, etc, for the most part, the hires fit the demand.  I except service jobs, because in many cases, those are the hires, for people who make more money.  For example, a local farm/feedlot here, did everything right, and really raked it in.  Since they are family owned, they basically just want to employ family members, so they spent some of their windfall towards things like hiring some local kids to clean up the yard this summer, and hire a maid service to clean the familie's farm houses every week, and they are enjoying their profits, by going out to eat a lot, and taking more vacations.  As far as putting anyone else on the long-term payroll, they haven't done it.

The places that added jobs, are the places that make things the people who make the money are buying, such as the bin and shed manufacturers.  I have a couple friends that work in the CNH combine/windrower/baler plant in Grand Island, NE, and they are all but begging for more workers, and for good jobs that pay well, and have good benefits.