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Post 26 Jan 2012, 12:52 pm

steve
State of the Union?


Yes.
I'll requote Johnathon Kay here....

[quote]In his State of the Union speech, Barack Obama warned that America is becoming “a country where a shrinking number of people do really well, while a growing number of Americans barely get by.” Predictably, Republicans accused him of perpetrating “class warfare” or stoking “the politics of envy.” Even the (allegedly liberal) mainstream media accused Obama of striking a “populist” tone. But Obama is correct to identify income- and wealth-inequality as the number one problem facing the United States, and perhaps even the global economy as well[/quote]

Maybe you didn't read before you responded. (my guess.)
Or maybe you'd like to gloss over a key issue that seems to be the centre point for the upcoming election. What Fox news calls "Class warfare" and most people call "an issue of fairness".
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Post 26 Jan 2012, 12:54 pm

dan
There was a lot of stuff in the SOTU speech, ideas that have been proposed. One was to change the tax code to stop giving a benefit to companies that offshore jobs. Tax deductions for American manufacturing, assistance to locate to areas with high unemployment. Continuing to fight trade cases against China. All laudable. But can he do it?

Have to over come gridlock in Congress for that to happen. And he'll need a big Dem win for that to happen probably.
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Post 26 Jan 2012, 1:00 pm

Which I think is unlikely - I suspect that if the republicans choose a rubbish candidate and get trounced in the Presidential, voters will vote Republican in the Congressional races to 'balance it out'. If it's close for the big job, then it's also likely to be a bad year for the Democrats in the Senate and they won't get much back in the House.

A moot point for the rest of 2012 anyway, unless the two sides in Congress start acting like adults.
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Post 26 Jan 2012, 1:33 pm

So Obama is making like the SOU was the first of his campaign speeches.... (see I'm on topic here Steve..)
Here's a clip from his second...which pretty clearly indicates the issue that he wants to fight the election on. Now, how much more positive is this than Mitch Daniels? (Calvin Collidge reborn)
How much more does it resonate with the middle class than Romney's defense of corporations?

http://www.youtube.com/watch?v=mIfJfa_F ... e=youtu.be
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Post 27 Jan 2012, 10:51 am

rickyp wrote:Maybe you didn't read before you responded. (my guess.)


Maybe you didn't read my post before you responded.

Doctor Fate wrote:Ricky posted something tangential to the SOTU.


I mean, do I really need to analyze the whole of that post? Okay, if you and your barrister (and really, does Uncle Dan do anything these days other than to pop up as your cheerleader and defender?).

rickyp wrote:The problem the current crop of radical conservatives have is that they don't really understand that the US's economic success since WWII has been that it created a large vibrant middle class. Since 1980 taxation policy and economic policies have taken money away from that middle class and put more and more of into the hands of the very wealthy. (WHilst running up an enormous debt, exacerbated by the deregulation crash of 2007)
They keep repeating the same nonsense about taking money away from the "investor class" and crimping the economy without regard to actual history...when tax rates were higher, investment was higher.
When you only make money from capital gains, you still have to invest to make a living, no matter what the tax rate....
It's unfortunate that income equality is mostly seen as an issue of social justice. From a business perspective, the best economies have been when the middle class was strongest. And for them to prosper, budgets should be balanced, benefits for expensive social safety nets should be strong (no medical bankruptcies or crippling high insurance premiums) inexpensive to free education.


What part of this refers to the SOTU speech? It doesn't. What it addresses is the non-included response to the SOTU speech. In other words, you are attacking arguments no one in this forum had made. If you wanted to introduce a critique of the SOTU and then point out what was wrong with that critique, you could have done that. However, you didn't. So, this whole block of text was apropos of nothing.

That may mean higher taxation, starting with those who have most of the money, But it also means ensuring that the system works to benefit society at large. Deregulation of the financial sector in the US largely caused the Great Depression. That took 15 years to get out of, with massive spending and debt. Its only been three years since the greatest recession since the great depression and yet unrealistic commentators (or simply mindless ideologues) expect the economy to have been fixed. even though all the bad debt created by deregulation isn't wrung out of the system even now.. And simultaneously many are proposing a return to the same conditions of deregulation that existed (At least Romney is...) that created the latest mess and the one in 1920...


At best, this is a restatement of the speech without substantiating links. It's your opinion. At worst, like the bit about it took 15 years to get out of the Great Depression, it begs the question: Did FDR do the "right" thing? Also, what does that have to do with this SOTU?

Or maybe you'd like to gloss over a key issue that seems to be the centre point for the upcoming election. What Fox news calls "Class warfare" and most people call "an issue of fairness".


It is "class warfare." Obama can't run on his record, so he is painting the illusion that if we raise enough in taxes the debt will melt away and our economy will blossom. Nothing in his speech, your op-ed, or the National Post op-ed substantively make that case.

Meanwhile, I posted an analysis from the AP that showed Obama played fairly fast and loose with the truth.

You and your uncle have a nice day.
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Post 27 Jan 2012, 1:05 pm

Since President Obama brought up "fairness", what is fairness? If Warren Buffett pays 30%, does it make his pay equal to his "secretary"? No, it does not. If he pays the same percentage of tax would that be fair in the eyes of the left?

What is fairness?

Does everyone get 50K and the rest goes to the government?
Does everyone pay the same percentage?
Does everyone pay the same total amount?
Does all money get sent to the Government, and everyone is no longer required to buy anything, just go to the government store and have it issued?

Please help me understand what "fairness" is
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Post 27 Jan 2012, 1:08 pm

steve

It is "class warfare


Then I guess the guy who wins the election will be the one who has more people convinced that he's the guy on their side... and the loser will be the one who is perceived to care about fewer people.
if thats the case Obama's winning.

In potential 2012 matchups, it’s President Obama 45% and Mitt Romney 42%. Rasmussen ...

. http://www.rasmussenreports.com/public_ ... cking_poll
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Post 27 Jan 2012, 1:15 pm

Of course it's class warfare, Steve. The rich are waging war on the rest of us, and they enlist 5th columnists to support them and spread propaganda. Many of they do so while thinking it's their own idea. We uncles like to call those people 'useful idiots'.

And you are wrong about what Obama is saying. I pointed out where he's talking about extending tax breaks for companies that bring jobs to the USA. I didn't mention the bit where he exhorted Congress to pass the payroll tax cut.

He's not making the 'case' that you just need to raise taxes to deal with the debt because that's not the policy he talked about in the SOTU, so you are shooting at a straw man.

The case he's trying to make is that there needs to be a combination of things to deal with the deficit. But primarily, the problem is the economy itself (you know the 100% of GDP thing). Improve that and not only will that help reduce deficits as you go forward, but it will also help the whole country.

(oh, and the analysis of the salary of Buffett's secretary? It could be right, but it's basically guesswork based on assumptions usng the 'average' person at salary ranges. Not all people are 'average', and without her actual tax returns, you or some op-ed writer can't prove Buffett wrong - of course, he's not proven right without them either, but there we are)
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Post 27 Jan 2012, 1:24 pm

bbauska wrote:What is fairness?
To quote the Red Hot Chili Peppers... "If you have to ask, you'll never know?"

Does everyone get 50K and the rest goes to the government?
maybe, but probably not.
Does everyone pay the same percentage?
maybe, but probably not.
Does everyone pay the same total amount?
maybe, but probably not.
Does all money get sent to the Government, and everyone is no longer required to buy anything, just go to the government store and have it issued?
maybe, but probably not.

Please help me understand what "fairness" is
Here's a poser for you, Brad. Do you imagine that the 'left' has a homogeneous agreement on what fairness is? I think you are wise enough to know that's not the case.

And what is 'fair' for a society kind of depends on how that society already operates. 'Fairness' is a principle, rather than a dogmatic set of rules.

So what is 'fair' in terms of taxation is subjective, not objective. What would be fair in 1800 may not be fair now. What might be fair in a more equal society to begin with may not be fair in an unequal one.

I'll say that taxation policy should be fair in that it's based on ability to pay. Basically, if taxation reduces someone's income or living standard below a minimum, then it is unfair.
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Post 27 Jan 2012, 1:42 pm

bbauska wrote:Since President Obama brought up "fairness", what is fairness? If Warren Buffett pays 30%, does it make his pay equal to his "secretary"? No, it does not. If he pays the same percentage of tax would that be fair in the eyes of the left?

What is fairness?

Does everyone get 50K and the rest goes to the government?
Does everyone pay the same percentage?
Does everyone pay the same total amount?
Does all money get sent to the Government, and everyone is no longer required to buy anything, just go to the government store and have it issued?

Please help me understand what "fairness" is


Since Ricky's uncle and barrister (and resident useful idiot/enemy of the bourgeoisie) will no doubt point it out, yes, I'm violating my rules. I will make this the last post in this forum today.

What Brad doesn't say is that when you invest your money, that money had to come from someplace. So, it was either earned or inherited. Either way, under our current system, it was taxed. So, you turn around and invest it. If the investment goes down the drain, you get to subtract it (I believe) from whatever income you may have. If it is successful, you pay capital gains taxes on it. Supposedly, that is "unfair."

Okay, what percentage is "fair?" Liberals and socialists don't like to be too specific. Why not?

Because when they announce a percentage, something happens: people do the math. When we look at what is proposed, we see that even if there is zero negative economic impact (a dubious proposition), the extra taxation is like pouring a large bucket of water on a raging forest fire. Liberals and socialists know this, so rather than put forth a number they simply rage about "fairness." So, they will wax eloquent about the need for "fairness," excoriate those who try to pin them down on a number, and then say dishonest things like "fairness is a principle rather than a dogmatic set of rules." Even worse, they might say something as idiotic as "taxation policy should be fair in that it's based on ability to pay."

The ramifications of this sort of Marxist thought are obvious to those who examine them. What is "ability to pay?" Well, it's anything that does not "reduce someone's income or living standard below a minimum."

Logically then, until we are living in large tenements and just scraping by and all eating the same food, wearing the same level of clothing, and in every way subsisting in the same way, some folks aren't paying enough in taxes. That is the very essence of socialism: from each according to his abilities, to each according to his needs.

____________________________________________________________

Poor, poor Ricky. He is still citing Rasmussen! Furthermore, he can't seem to grasp that even that poll shows Obama well below 50% (the key number), many undecided (which don't break for the incumbent), and many undecided. Anyway, comfort yourself with polls that you've been decrying and disproving for months. While your at it, why not give your dear uncle a jingle and go grab a pint?
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Post 27 Jan 2012, 2:56 pm

danivon wrote:
bbauska wrote:What is fairness?
To quote the Red Hot Chili Peppers... "If you have to ask, you'll never know?"

Does everyone get 50K and the rest goes to the government?
maybe, but probably not.
Does everyone pay the same percentage?
maybe, but probably not.
Does everyone pay the same total amount?
maybe, but probably not.
Does all money get sent to the Government, and everyone is no longer required to buy anything, just go to the government store and have it issued?
maybe, but probably not.

Please help me understand what "fairness" is
Here's a poser for you, Brad. Do you imagine that the 'left' has a homogeneous agreement on what fairness is? I think you are wise enough to know that's not the case.

And what is 'fair' for a society kind of depends on how that society already operates. 'Fairness' is a principle, rather than a dogmatic set of rules.

So what is 'fair' in terms of taxation is subjective, not objective. What would be fair in 1800 may not be fair now. What might be fair in a more equal society to begin with may not be fair in an unequal one.

I'll say that taxation policy should be fair in that it's based on ability to pay. Basically, if taxation reduces someone's income or living standard below a minimum, then it is unfair.


Nice attempt at a dodge... Answer as if you were giving your opinion. That is what I would like to know... your opinion; not what what a blog somewhere says...
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Post 27 Jan 2012, 2:57 pm

Some numbers, Steve...

Romney paid 13.9% tax on 20 million in income--unfair. Can't spin that one can you.
Class Warfare? What we are talking about with regard to the Bush Tax Cuts is 4%. So, what, we go from capitalist society to a Marxist society by making the rich pay 4% more in taxes?
Here is some not so facts how life for the many has deteriorated since conservative economic policies started coming into effect after Reagan was elected in 1980. http://stanford.edu/group/scspi/cgi-bin/facts.php

Of course, Republican candidates want to cut taxes for business and the wealthy even more.

You know, in the Middle-Ages the Church frowned on usury and making any excessive profits. There were all kinds of limits on what you charge for goods and even how much you could work because it would be unfairly competitive. It was thought that a merchant had a really tough time getting into Heaven. Of course, those kinds of limitations did not stop merchants from doing business and making profits--but at least they felt bad about it.. But now the Christian Right thinks it is ok to be supporting policies that result in some people in our country not getting enough to eat, not getting adequate health care, and not getting decent jobs. Meanwhile, more and more of the country's wealth goes to the top 1% These kinds of policies seem to be inconsistent with Christianity.
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Post 27 Jan 2012, 3:32 pm

FAIRNESS is subjective and can be argued from either side...but in the end its decided by the way a majority of people feel....

Examples:
In 1982 Ron Reagan thought that a fair taxation rate was 12% for the lowest marginal rate. and 50% for the highest marginal rate.....
That was a huge reduction from previous years and the resulting decline in revenue created the first deficits since WWII ended. Is it fair that all of a sudden future generations were going to have to start paying, not just the debts from the war, but the cost of running Reagans government?
I don't think future generations should have to pay the debt of a govenrment run during a robust economy. Thats not fair.... Which would make reagans new tax rates, unfair. But the majority of Americans decided deficits weren't a problem....and the tax rates seemed fair to them.....

In 1993 tax rates were at 15% and 39.6% With a booming economy by the end of the decade the nation was running surpluses ....again. So in 2002 the rates went to 10% and 35% and deficits began again.
Were those deficits fair to future generations? At the time few raised a stink. ..
Is it really so out rageous that the wealthiest, who are doing very well, should be asked to return to taxation levels of the 90s (only 4.6% more than today) to make a small contribution to the current deficit problem? As an issue of percieved fairness, its pretty clear that the majority of Americans don't seem to think another 4.6% is wrong.
And in historical context, Reagan thought 50% seemed fair....
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Post 27 Jan 2012, 3:43 pm

steve
Poor, poor Ricky. He is still citing Rasmussen!

Well, I could have gone with the Wall Street Journal poll which has Obama 49 and Romney 43 ....but you claimed rasmussen was the most accurate . ...So I go with the flow....

http://msnbcmedia.msn.com/i/MSNBC/Secti ... Jfinal.pdf

What Brad doesn't say is that when you invest your money, that money had to come from someplace. So, it was either earned or inherited. Either way, under our current system, it was taxed

Money is taxed as it moves from hand to hand all the time. Companies buy and sell goods and services exhanging funds. Should only one party pay tax on their profits?
When a company pays taxes, then provides dividends to shareholders from the after tax revenue, this isn't double taxation on one transaction... The dividend checks represent a seperate transaction, If instead of shareholders the money was going to a new employee hired on with the profit in hand, would the new employee be shielded from taxation of that income because it had already been taxed?
No.
Income is income.
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Post 27 Jan 2012, 3:57 pm

Attacks on religion will always get my attention.

freeman2 wrote:Some numbers, Steve...

Romney paid 13.9% tax on 20 million in income--unfair. Can't spin that one can you.


I don't have to spin it. It's the law. If President Obama and your Democratic heroes thought it "unfair," they could have raised the taxes. For two years, they had "some numbers," didn't they?

You can't spin that one.

Furthermore, that money he invested has already been taxed (unless he printed it in his basement). I note you don't even address that.

Here's another number you can't spin: $6T dollars. That's how much deficit spending this President will have done by the next election. That's more than GWB did in 8 years.

Spin those numbers.

And, please, don't start with the feeble "but, it's the Bush tax cuts . . . " Nothing stopped Obama from pushing to raise taxes "on day one" (a phrase he used over and over). The buck stops with him. If he didn't want to spend $6T, he sure had a funny way of protesting against it.

Class Warfare? What we are talking about with regard to the Bush Tax Cuts is 4%.


Yes, class warfare. Wiki: "a class conflict, or tensions between members of different social classes." The President is exhausting himself pillorying those with money, holding out the idea that if they will simply "pay their fair share" the US will be solvent. It's a lie, but a politically useful one.

So, what, we go from capitalist society to a Marxist society by making the rich pay 4% more in taxes?


No, but he's not stopping there. He's out campaigning, making more promises of "investments."

President Obama offered a plan Friday to reduce the costs of higher education by increasing the amount of federal grant money available in low-interest loans and tying it directly to colleges’ ability to reduce tuition.

Obama’s proposal would significantly boost federal investment in the Perkins loan program from $1 billion to $8 billion and revamp the formula for distributing the money. Under the plan, colleges would be rewarded based on their success in offering relatively lower tuition prices, providing value and serving low-income students, the White House said.

The plan would not cost taxpayers additional dollars because students pay off the aid money with interest, officials stressed.

“We’re putting colleges on notice, that you can’t assume you’ll just jack up tuition every single year,” Obama said at a rally before about 4,000 students at the University of Michigan. “If you can’t stop tuition going up, your funding from taxpayers will go down. We should push colleges to do better; we should hold them accountable if they don’t.”

The administration also is proposing to provide $1 billion in aid to states that curb higher education costs and to create a competition that provides $55 million in start-up funding for higher education institutions to pursue innovation to boost productivity.

Obama’s appearance in Ann Arbor was the final stop of his three-day tour of five battleground states that comes in the wake of his State of the Union address. His college aid proposals are aimed at boosting support among a key base from 2008: young people.

The president has focused attention on taming the rising costs of higher education, which is one of the central concerns of the Occupy Wall Street protests over the past year.

Last fall, he announced a strategy to consolidate federal student loans and reduce interest rates to help college graduates pay off their debt.

Obama tied in access to higher education with his State of the Union address themes of creating an economy that offers more equity for the middle class.


In other words, he is proposing we borrow more money from China so he can spend it however HE pleases. You might like the idea, but it's not YOUR money. The money is being borrowed from future generations. He's going to keep spending and borrowing no matter how high the taxes go. And, the more money in the coffers, the more he will "spread the wealth."

How to deflect attention from this binge spending? Attack the evil 1%.

Here is some not so facts how life for the many has deteriorated since conservative economic policies started coming into effect after Reagan was elected in 1980. http://stanford.edu/group/scspi/cgi-bin/facts.php


Please. How is the "War on Poverty" going? How many trillions have been spent to eradicate it? How many trillions on improving education? Weren't liberal, Federally-directed programs the answer to these problems? If you want to blame economic disparity on Republicans, then blame Democrats for the plight of the poor. They have funded it endlessly to no avail.

Ever been in a housing project? Tax money well spent. Not.

Of course, Republican candidates want to cut taxes for business and the wealthy even more.


And the Socialist President wants to raise taxes so he can spend, er, invest even more.

Again, from a personal perspective, what holds back the poor? I grew up, to be generous, on the lower end of the middle class. I'm not there any more. How did that happen? Luck?

It sure wasn't my parents. It sure wasn't investment income. It sure wasn't government programs. I paid my way through school.

My story is not unusual. America is a place where hard work is rewarded, no matter what the President may say. Look at his own story: did he get wealthy by hard work or high taxation of the rich?

You know, in the Middle-Ages the Church frowned on usury and making any excessive profits. There were all kinds of limits on what you charge for goods and even how much you could work because it would be unfairly competitive. It was thought that a merchant had a really tough time getting into Heaven. Of course, those kinds of limitations did not stop merchants from doing business and making profits--but at least they felt bad about it..


For centuries during the Middle Ages, who was the single most powerful man on Earth? Who could take down kings and cause massive armies to march?

Yes indeed--"the Vicar of Christ on Earth."

How was St. Peter's Basilica and other Catholic monuments/cathedrals built?

Please don't lecture me on what the Church of the Middle Ages taught. It was the most unjust institution to ever claim to act in the name of Christ.

But now the Christian Right thinks it is ok to be supporting policies that result in some people in our country not getting enough to eat, not getting adequate health care, and not getting decent jobs. Meanwhile, more and more of the country's wealth goes to the top 1% These kinds of policies seem to be inconsistent with Christianity.


This is absolute rubbish. Show me all the Atheist groups running soup kitchens and missions. There may be some, but I can point you to many, many churches who are doing this.

Please consider this for a moment, what if government is not supposed to be responsible for feeding able-bodied people who refuse to work? What if the government is not responsible for health care? What if it's not a right guaranteed by the Constitution?

If you have Constitutional back-up, bring it.

If you have Biblical back-up, feel free. What you'll find is that Jesus did not tell a government what it was responsible for. Paul said it was responsible for punishing evildoers. Never does the Bible say that a non-theocracy is responsible for feeding, housing, and caring for its citizens.

It's funny, you probably don't want a theocracy, but then want to use the Bible to guilt people into acting a certain way. That seems contradictory. In any event, you can't make your case.

My suggestion: leave the separation between Church and State right where it is.

__________________________________________________________________

As for Ricky and his insistence, in spite of the pleading of many to stop with the polls, to continue posting them, I have two responses:

1. That NBC poll is adults. Pathetic. You ought to know better. That you don't is illustrative.

2. There is one poll that matters: the election. Want to bet how it goes? Or, are you too chicken?