It is some sort of regressive socialism in its current form.
US continues to go backward...
- Thread starter PF5
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Stillwater Townie
Ranger
I think a great socialist movement in the U. S. will require the coming of the Second Great Depression in which the economy is so bad that not enough tax revenue comes in to pay interest on government issued bonds. That could be caused by too many people being laid off from the acceptance of AI systems and robots. Perhaps putting a federal tax on those worker robbing advances could help to prevent or delay it.
Oh, we started in 1970, but it's Reagan's fault... got it.
10% unemployment in 1980 when Reagan took office.
Recession in 1980 when Reagan took office.
13% inflation in 1980 when Reagan took office
Inflation 4.1% in 1988 when Reagan left office
Unemployment 5.5% in 1988 when Reagan left office
71 consecutive months of economic growth
(from November 1982 to January 1989)
This expansion began after the deep recession of 1981–1982 and continued uninterrupted through the end of Reagan’s presidency. At the time, it was the longest peacetime economic expansion in U.S. history.
Yes, you know how someone starts something and someone after that makes it much worse?
Also, wasn't the argument you were making is that Reagan implemented supply side economics and Clinton onward were Keynesians and only the bad stuff we associate today's economy with is from Keynesians? The problem with this hypothesis is that Reagan was the worst president in history on deficit spending at the time and the wealth discrepancy grew at astronomical rates under his presidency. Your statistics are all well and good, but despite those inflation and unemployment rates, the bottom 5th actually had wage contraction. Not only does this undercut your argument, but it supports my point.
A lot of people were left behind and that percentage has only grown since then.
Ok, you want to take away Sesame Street. I'm not cool with the ICE budget going from ~$9 billion to ~$130 billion with this new bill. Which one do you think would make more of a difference if it were cut?
But trump just got his private army, so I guess that's neat.
JTOSU
Ranger
Do I want to take away Sesame Street? No.
Do I want the government to pay for it? No
As for ICE budget…fair question. I don’t know if I have read about why there is an increase, so I am not prepared to give a strong opinion. Do I think we need ICE? Yes, but I can’t say why $130B (if that is correct amount) is necessary.
I do wonder how much ICE could save if some states/jurisdictions would eliminate that ban compliance with ICE detainers.
That's what oligarchies do.
Socialize government to the benefit of the few members of the power-brokers.
Privatize the successes of the oligarchs in control, socialize their failures/losses.
JTOSU
Ranger
Besides inheriting high inflation and unemployment, he also experienced huge headwinds with the cost of money.
Furthermore, he reduced discretionary spending (excluding defense). His defense spending, with his large military buildup, contributed strongly to ending Cold War.
The biggest thing is that it was one of the last times we have seen a President from one party work so well with a Congressional leader from another party (Tip O’Neill). Reagan was certainly great, but the bipartisan work (GOP and Dems) is what made the economy turn-around.
PF5
Sheriff
933.862 Aufrufe · 23.342 Reaktionen | The Other | Facebook
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Ms. Noem was asked if CNN could be in legal jeopardy for having “pushed” the app. “We’re working with the Department of Justice to see if we can prosecute them for that, because what they’re doing is actively encouraging people to avoid law enforcement activities, operations,” Ms. Noem said. “What they’re doing, we believe, is illegal.”
Mr. Trump indicated this is fine by him. “And they may be prosecuted, also, for having given false reports on the attack in Iran,” he said, insisting again that its nuclear sites were “obliterated.” CNN had reported otherwise, citing an analysis by the Defense Intelligence Agency, or DIA. “So they may be very well prosecuted for that,” Mr. Trump added. “What they did there, we think, is totally illegal.”
Utter bullspit.
Imagine if the Obama administration talked about prosecuting Fox News for reporting information that might have been factual but in disagreement with the state sponsored narrative.
Meh. Don’t let the current political climate distract you from the fact that the USA is still a beacon of freedom in the world (yeah 95% of the world is just that bad). And although it hasn’t been in a straight line, and despite what the internet says, things are getting better all the time. We still strive to live up to the ideals of this unique experiment in human civilization history.
Amen. Happy 4th all
Not sure if this is the right place but here we go. I have inlaws that have never voted for a Republican and some of them are in their 80's. On my side they are die hard Republicans some maga's some not. Anyhow I have posed this idea to both sides about taxes.
Split the funding to Defense and Everything else.
Defense is funded by wealth tax with an exeption of X and a sliding scale. I'm leaning to X=$250,000 but up for debate. The reasoning is that the defense spending is protecting your way of life. Well if you don't have much then it's not protecting much.
The rest is taxed roughly as things have been for the last few decades. Pick your formula but, it really hasn't been much different in effective tax rate for that last 3 decades.
Should I start a go fund me site to get my presidential run going?
Split the funding to Defense and Everything else.
Defense is funded by wealth tax with an exeption of X and a sliding scale. I'm leaning to X=$250,000 but up for debate. The reasoning is that the defense spending is protecting your way of life. Well if you don't have much then it's not protecting much.
The rest is taxed roughly as things have been for the last few decades. Pick your formula but, it really hasn't been much different in effective tax rate for that last 3 decades.
Should I start a go fund me site to get my presidential run going?
Polds4OSU
Marshall
Texas officials point to the National Weather Service failing to predict the amount of rain that caused this tragedy.
www.threads.com
At least 24 people are dead after heavy rain lashed Texas, leading to "catastrophic" flooding.
Children are among the dead, and about 23 campers from a summer camp in the area, Camp Mystic, were unaccounted for, Lt. Gov. Dan Patrick said at an earlier news conference.
Read more: https://abcnews.go.com/US/live-upda...-13-dead-20-campers-unaccounted/?id=123488468
The Tennessee Holler (@thetnholler) on Threads
As Texas officials point to the National Weather Service failing to predict the amount of rain that caused this tragedy, it’s fair to wonder if the cuts made to the dept that many warned about played a role here. (Now add FEMA cuts & hospital closures)
www.threads.com
At least 24 people are dead after heavy rain lashed Texas, leading to "catastrophic" flooding.
Children are among the dead, and about 23 campers from a summer camp in the area, Camp Mystic, were unaccounted for, Lt. Gov. Dan Patrick said at an earlier news conference.
Read more: https://abcnews.go.com/US/live-upda...-13-dead-20-campers-unaccounted/?id=123488468
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