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Author Topic:   Entitlements - what's so bad about them?
marc9000
Member
Posts: 1522
From: Ky U.S.
Joined: 12-25-2009
Member Rating: 1.4


Message 114 of 138 (724384)
04-16-2014 8:15 PM
Reply to: Message 110 by Theodoric
04-15-2014 9:22 PM


Re: Good Capitalism Vs Bad Capitalism
It is amazing how figures don't lie but liars can figure.
It sure is! - we have several here who are trying to use figures to convince themselves that the U.S. government was bigger in the 1950's than it is today! That Eisenhower, a respected former WW2 military general, would somehow be comparable to the arrogance and increases in the size and scope of government of this current joke of an administration.
So how do the wealthy end up paying more with a lower tax rate? By making exponentially more than other taxpayers compared to 1958. All this data proves is that wealth is consolidating in the hands of the extremely wealthy.
Again, who decides what to do about it? If we further soak the top 3%, will 4% thru 10% also not get soaked? 10% thru 20%? How many have we discouraged from innovating and taking risks?

This message is a reply to:
 Message 110 by Theodoric, posted 04-15-2014 9:22 PM Theodoric has replied

Replies to this message:
 Message 117 by Theodoric, posted 04-16-2014 9:16 PM marc9000 has replied

  
marc9000
Member
Posts: 1522
From: Ky U.S.
Joined: 12-25-2009
Member Rating: 1.4


Message 115 of 138 (724388)
04-16-2014 8:27 PM
Reply to: Message 111 by Straggler
04-16-2014 7:43 AM


Re: Good Capitalism Vs Bad Capitalism
You keep talking about redistribution of wealth but in recent decades wealth has become ever more concentrated at the top.
That could be because those at the top are far smarter than the Democrat politicians who are constantly trying to tax their wealth away from them. They find ways to turn government meddling to their advantage, sometimes honestly, sometimes through corruption. It costs the poor, it costs the middle class, and it costs the wealthy who are just below them, the innovators and risk takers.
In most of the world's richest 30 countries more than 30% of GDP is spent by the government. In other words the sort of government spending levels you are objecting to are most often associated with success and wealth in national terms at least.
It depends on what it is spent ON. Is it spent giving handouts to the non productive, or on infrastructure? Is it spent on environmental studies and restrictions, or on military, or more prisons?

This message is a reply to:
 Message 111 by Straggler, posted 04-16-2014 7:43 AM Straggler has replied

Replies to this message:
 Message 118 by Straggler, posted 04-17-2014 8:11 AM marc9000 has replied

  
marc9000
Member
Posts: 1522
From: Ky U.S.
Joined: 12-25-2009
Member Rating: 1.4


Message 116 of 138 (724389)
04-16-2014 8:30 PM
Reply to: Message 112 by Theodoric
04-16-2014 11:50 AM


Re: Good Capitalism Vs Bad Capitalism
There is an extreme problem in the USA with concentration of wealth. Ultimately, that concentration makes the economy unsustainable and your argument untenable.
My argument's not untenable until I see a solution to the problem, that won't ultimately make things worse.

This message is a reply to:
 Message 112 by Theodoric, posted 04-16-2014 11:50 AM Theodoric has not replied

  
marc9000
Member
Posts: 1522
From: Ky U.S.
Joined: 12-25-2009
Member Rating: 1.4


Message 123 of 138 (724706)
04-19-2014 7:41 PM
Reply to: Message 117 by Theodoric
04-16-2014 9:16 PM


Re: Good Capitalism Vs Bad Capitalism
marc9000 writes:
we have several here who are trying to use figures to convince themselves that the U.S. government was bigger in the 1950's than it is today!
Please show where this was said.
Message 105
quote:
I find it ironic that conservatives often talk about how wonderful the country was in the 1950s. Yet during that timeframe, the tax system was heavily progressive, going as high as 90% on top income tax earners. Additionally, there were far more subsidies for things like education. Tuitions were far lower and were actually free for state residents.
So if marc is asserting we should go back to those philosophies, I could not agree more.
Oh, and unions had far more influence in the 1950s as well.
marc9000 writes:
That Eisenhower, a respected former WW2 military general, would somehow be comparable to the arrogance and increases in the size and scope of government of this current joke of an administration
Please explain what was said and why it is not correct.
Message 104
quote:
If Eisenhower was President today, I expect he'd get about the same criticism as Obama does.
Why isn't this correct? Uh, if you don't know the difference between Eisenhower and Obama I'm afraid I don't have time to help you tonight.
marc9000 writes:
Again, who decides what to do about it?
The people, through congress. Have you never read the Constitution?
Have you ever read Federalist Paper #10? What it says is contained in the limits and authorizations of the constitution.
quote:
No. 10 addresses the question of how to guard against "factions", or groups of citizens, with interests contrary to the rights of others or the interests of the whole community.
Federalist No. 10 - Wikipedia
marc9000 writes:
If we further soak the top 3%, will 4% thru 10% also not get soaked? 10% thru 20%?
Strawman much.
Strawman? You don't see any similarities at all between the top few percentage brackets of wealthy people?
The 1% are not innovators. If you think they are provide some support.
If they're not stealing their money, if they're not getting it from taxpayers, then someone must be voluntarily giving it to them. If they get it from voluntary actions of free markets, then it's really none of my business exactly how they get it. If you think it needs to be taxed from them because they have too much and do nothing to earn it, then it's up to you to provide support for your position.
The 1% take few risks. The game is rigged heavily in their favor.
How is it rigged? By a big government? Why is it that evolutionists believe that the solution to big government corruption is more big government?

This message is a reply to:
 Message 117 by Theodoric, posted 04-16-2014 9:16 PM Theodoric has not replied

Replies to this message:
 Message 136 by onifre, posted 04-27-2014 11:30 AM marc9000 has not replied

  
marc9000
Member
Posts: 1522
From: Ky U.S.
Joined: 12-25-2009
Member Rating: 1.4


Message 124 of 138 (724707)
04-19-2014 7:55 PM
Reply to: Message 118 by Straggler
04-17-2014 8:11 AM


Re: Good Capitalism Vs Bad Capitalism
You keep talking about the rich in glowing terms as the innovators and producers whose fabulously wealthy existence we should all be grateful for and in awe of......
I don't automatically hate them because they have more than me. Since what people make in free markets is none of my business, I don't accuse them of anything, or expect them to give anything to me.
Profits as a share of GDP in almost all western countries are at record highs, along with executive pay while real wages for the majority stagnate or even fall.
Pay for politicians and bureaucrats in the U.S. are at record highs as well.
What on Earth leads you to conclude that those enjoying these record profits and executive payouts are the most personally productive and innovative? Where do you get this idea from?
In free markets, that's the only way money can be obtained. It doesn't grow on trees in only the yards of the wealthy.
This notion that simply being rich makes one a "wealth creator" or is evidence of personal innovation is patently absurd. But it seems to lie at the heart of your argument here.
Your argument seems to be that a few people get money while doing nothing to earn it, or have never done anything to earn it. Seems pretty absurd to me, unless you can show me how that works.
A healthy, educated workforce with a safety net that makes things like losing ones job or getting ill a temporary setback rather than a tragedy from which it is impossible to recover to live a fully productive life - These things benefit the whole economy in the long run. Add in investment in infrastructure and more generally the use of public finds to create an environment in which businesses can thrive, innovation can occur and wealth can be created such that all in society, rather than an elite few, can benefit. That should be the aim....... No?
The U.S. Constitution addresses infrastructure, a limited government environment in which businesses can thrive etc. but it doesn't address things like health and education and safety nets, because there would be too many differences of opinion about just how those things should be done, so it leaves it to the states, or to the people, free to address those things privately, with things like private charities.

This message is a reply to:
 Message 118 by Straggler, posted 04-17-2014 8:11 AM Straggler has not replied

Replies to this message:
 Message 127 by saab93f, posted 04-20-2014 5:00 AM marc9000 has not replied
 Message 128 by NoNukes, posted 04-20-2014 10:38 AM marc9000 has not replied
 Message 135 by Dr Adequate, posted 04-26-2014 10:08 PM marc9000 has not replied

  
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