@5:15 what???? They are not collecting enough TAXES??? oh come on..this is the only country in the whole world collecting taxes every time you move...I said they collecting to much taxes but the Politician is this country miss manage it..and they pay themselves more than they need!!!
@chardnj It always amazes me how much of an ignoramus a person can clearly be, there has never been a time in the history of the USA, and I do not think a country in the modern era that has lower taxes at a time when a country inters a war. If a person who makes millions a year pays 15% or less when middle income pay around 30, and you can not grasp they are talking about income tax, not state or county taxes. The USA spent more than 1 trillion on just the war in Iraq,$787 billion on stimulus
@chardnj The bank Bail out was Congress bail out, but it was designed under Bushes administration, Obama just signed it into law, the most horrific aspect of the bank bail out, is the fact there were not stipulations on the banks, they were giving basically a blank check to give out bonuses to the people who created the fraudulently sub prime mortgages who tanked the economy, wiped out most of the middle class retirement savings, government borrowed back the money with interest, which is insane.
@chardnj The US created the largest welfare state being the banks, we gave them tax payer money, that the US had to borrow to get, and than it borrowed back allot of that money and the banks charged the USA interest on the money it just gave. Think about that, you loan a person 10,000 and take 5000 back and you get charged interest on the 5k, its horrific, you have like fox news ranting about people on welfare when the banks are now the biggest welfare state and they pay 15% on their taxes
@amanzisa The United States dollar is the most widely held currency in the Allocated Reserves today. Throughout the last decade, an average of two thirds of the total Allocated foreign exchange reserves of countries have been in US dollars. USD holds 61% of world reserve currency.
@nsecchi1 cause the people who has money not going to simply give it. They want some bigger and better in return. That is screwing the government and screwing it people.
@nsecchi1 Well you see the rich are rich enough to have lobbyist, and many of the extremely rich own large portions of news networks. So if you tax the super rich your taxing the job creators, they have actually redefined what is small business own, corporations such as walmart or the coke brothers are actually defined under the tax code as small business because of the number of people that own the company & not its actual size. Fox news daily states these mistruths and if you say it enough
@system0system0 Europe seems to be in a real hole right now. Their banks did not have a strong base like ours. Investments are extremely low. And more stimulus is needed. Your going to to be working harder and longer as well as have your benefits cuts. Thats the conditions that most European countries needed to accept if they got the stimulus. And don't forget. If America goes down, the world goes down with it.
@system0system0 You do know it doesn't work like that right? IF the USA economy fails, right now, it'll actually worsen the Euro market because of how interconnected. Just like the Issues in Europe, the issue with just greece, & if it fails & hurts the Euro it will damage the US economy, & so your not only stupid, for wishing that any country economy worsens, your actually wishing for your own economy to become worse by proxy by wishing the US tanks. I nominate you for the darwin award!
@system0system0 I have no clue what country your from, but after WWII, the fact the USA was able to loan the war savaged countries, the fact the USA build up both Germany and Japan, and loaned millions to france, england, poland, italy, etc. Help western Europe to have a much better of standard of living, and the improvement of western europe actually added to the wealth of the US, even though only Germany actually repayed its debt and the US actually wiped the others out.
Nothing will happen to the debt because of special interest. Same with the UK.The only way is publicly funded elections and then closing tax loopholes for large corporations and renegotiating defence contracts etc, where the government pays $20 for a screw!
And another thing. Barack Obama has done shit to improve things. We need to cut defense spending. Almost a fucking TRILLION dollars every year goes to defense. That's larger than the next 14 spenders COMBINED. We run around a 500 billion dollar deficit a year as of 2008 right? As seen in the video. 5:00. Cut defense in half and BOOM. Deficit is gone. Raise some taxes, end Bush Cuts, stop half of foriegn aid, we're earning 200 bil a year. Raise some more, 500bil a year. Interest is 300 bil a year
@twinshk2 That is why I would really like Ron Paul, the president can not alter most of the spending in the USA, only congress can purpose and pass a budget, however the president can control all of defense. Why do we need to be in S. Korea, Japan, Germany, Italy for the past 50 years! We spent more than a trillion a year on defense, allot of defense is hidden! We wasted more than a trillion, just the war on Iraq, stimulus 787 billion most of it was taxes cuts we need to rebuild the USA.
I think 80% of people would not mind paying taxes like Canada's if they actually GOT a system like theirs. But the need for social programs and the need to reduce our deficit is completely at odds.
All this will come to a head right at the end of my life but the effects can be felt now. Whats more important is the resource wars that are already happening around the world and will only get worse.
why nowone talks about military spending us has 40% of all the world military spending us has no near enemy neither canada or mexico can be threats ,us will overextend it;s army and go bankrupt as all other empires that did the same thing in history
@io007a If you cut a ton in the military spending, you can say good bye to jobs for military personnel. You're talking about cutting military jobs and slashing compensation for our military veterans. I'm pretty sure the military men and women don't think that's a good idea. I want to keep the people defending and protecting our country and people happy, but I'm not saying we shouldn't cut some. Cutting and taxing is the answer.
@Naruto0519 yes but with one military job in service or production cut you can create at least 1,5 to 2 jobs in other areas of the economy militray spending is the wrong way to go in creating jobs at least if you put that much money in military take by force other people resources and production otherwise it;s not a good economic investment ,the world already sees US as the bad guy and war mongaring nation us spend 5% of the gdp on military EU less than 2% .
@io007a I suppose it's alright to compare a single nation with 27 combined nations. Cutting one higher paying job with two minimum wage jobs is idiotic. You cannot live in these times with a minimum wage job.
@Naruto0519 it's not about minimum wage it;s about effect in military spending there is no compound effect on a dollar spent you make a bomb and you blow it nothing more is produced,now you get it? i'm not saying laying off the military men you can make reductions by not making any more hyring so in time the system reduces itself nad not making any more armament things will take time offcourse you can't reduce in a single year the army in half i get that .
If obama wouldve jsut stood up for himself and called out the republicans on how they keep disagreeing on everything, he would be in a better situation
@fuzzmanx He will do that. He's planning on bringing up the Republicans shooting down his American Jobs Act during his campaign (probably). That's what I would do as Obama.
I can't believe hacks like that man from the New York Slimes are still even interviewed. They get their information from Paul Krugman who thinks we 'didn't spend enough'. In other words, the bailout wasn't large enough LMFAO!! I mean, these people should lose their jobs and credibility. It is insane to think that the free market caused this problem and the gov't now needs to step in. When in fact, gov't caused this crisis and they are the LAST entity that can fix it. We need the market
@KingL6James The most important thing you can learn about government is Article 1, Section 8 of the US Constitution and the tenth amendment. Government is supposed to be small, and limited. This recession was caused by a failed fiscal and monetary policy of big government spending and regulations.
I don't understand... It is painfully obvious that we need tax increases. There is No. Other. Way. The United States has the ability to raise a trillion dollars from the wealthy in the nation, yet they refuse to because they're afraid of being voted out of office. Have some backbone! DO IT FOR THE GOOD OF THE COUNTRY, NOT YOUR JOB!
@Naruto0519 Tax hikes don't increase tax revenues. Throughout history, when taxes and cut, we actually increase revenues for the government. We don't have a tax problem, we have a spending problem and a monetary policy problem.
@USTreasuryBond Tax increases coupled with spending cuts would easily be the first step towards fixing the economy. We do have a tax problem. Our taxes are too low to accommodate our spending. Ergo a tax problem. Not everything is traced back to a single problem, so I also say we have a spending problem. As Milton Friedman said, "When government spends more money than it receives in tax revenue they can do one of three things. Raise taxes, borrow money, or print money." <-- "raise taxes"...
@Naruto0519 raising taxes in a crysis is wrong and deadly for wveryone ,if you tax the rich the capital may leave ,if you tax the middle class no growth will come for a while ,so definetly cutting is the answer military first healthcare last ,but cutts form everything is neccesary .
@io007a Wrong. You're incorrect. Taxing the rich AND cutting is the only way we can go. We don't have enough money to spend right now. Printing money causes inflation (look at Zimbabwe), borrowing money increases debt (15 Trillion and counting today), and raising taxes (causes social unrest). Sure, raising taxes would be an "outrage", but do you really want more debt? Do you want inflation? Call me stupid, but I think preparing for the future is a better plan than anything else.
@Naruto0519 man how are you going to tax the rich ? that;s the problem they never pay taxes anywhere in the world ,as long as they can move freely and any country will be happy to receive their investments and as long offshore's existst no rich guy will ever pay real taxes on the real fortune they have ,yes you can tax them a bit when they spend on luxury goods but that's pocket change ,so you get taxing the middle class and then no gdp growth .
@io007a How to tax the rich? Well that's simple. You simply impose a higher income tax as well as a higher capital gains tax. You tax them before they can take their money out of the system by putting it into a tax haven. You tax them before they get their hands on the money.
@Naruto0519 hahaa dream on man first of all the investments are made through offshore companies so you can't tax anything or their fiscal residence is in another country with less taxes so you don't get anything anyway how do you think the rich get richer?we can discuss all day long about this but the simple truth is that the rich never payed and will never pay taxes,too bad we're not all rich but that is the simple truth on how the world works maybe in another system will be justice
@io007a You see? That's the mentality that's ruining it. You're not trying to figure out a way to tax the rich. Instead you're being apathetic and just saying "the rich get richer and there's nothing we can do about it." Apathy kills countries just as much as greed and corruption.
@Naruto0519 man i'm not saying that there are ways to tax the rich but not domesticly ,if US marine would listen to the people it would pose a serious threat to all countries that accept offshore companies with 0 or 5% tax that's how you could use your navy if those countries are anot accepting foreigners to pay low taxes in their countries the rich could be tax unfortunately politicians are controlled by the rich thay will never tax them in every country is the same thing.
@io007a Right. Let's threaten other countries if they don't impose our tax laws. THAT makes sense. Why don't we just take over the world while we're at it? That helps us fix every problem with the tax havens!
@Naruto0519 We do not, and honestly we should not actually do spending cuts, the Republicans acted the same way with FDR, and the national deficit was a huge focus, it keep FDR New Deal being effective, we know the only thing that ended the great depression was WWII because the USA nationalized huge sectors of the private industry and in the short run it dramatically increased the debt, but the US actually invested in itself too. If spent what we wasted on the banks or just half 4 trillion
@ASexyChef Do you know what FDR tried to do with taxes? He tried to do what the people wanted: cut taxes. He made the biggest tax cuts of any president. Then he turned around and made the biggest tax hikes of any president... He realized his mistake in cutting taxes. I agree that sometimes taxes need to be cut, but right now that is not what we need to do. We need to bring manufacturing back to the USA so we don't lose our profits to outsourced manufacturing. Also, use better grammar.
@Naruto0519 We fixed all the known issues, we build bullet trains, fixed bridges that are just literally falling apart in some areas, solar power is actually effective when you look at the cost long term, 20 years out, so if we took all government buildings state and national level, and had them have solar panels, that were build in the USA, you would revitalize the construction industry over night, and you these jobs going on for years maybe a decade out, and taxed the rich properly.
@Naruto0519 man wealthy never pay tax not in us and not in any country of the world it's just the way it is ,us navy should atack offshores not oil rich countries ,if all the offshores in this world would be wiped out maybe the rich will pay some taxes until then it;s just bullshit only the middle class will pay more taxes and then nothing will evolve you can't start a bussines if you make minimum wage or you can't grow your bussines and so on
@io007a You're wrong yet again. Look at the Scandinavian countries. Tax rates between 20% and 50% and they enjoy the highest standards of living. 20% is 5% more than our highest capital gains tax. Sure, I'm comparing income tax and capital gains tax and you say I should compare income with income. But the fact is that the 1% pay taxes on mostly capital gains (they invest not work). We need a graduated tax bracket and to graduate capital gains taxes. Only thing that makes sense (other than cuts).
@Naruto0519 scandinavian countries are something diffrent they geneticly have socialism think about it when times are harsh people gather and use their combined strenght they need to work as a team,in southern europe it;s diffrent people are more individualistic they rely more on inovation or personal skills ,that's why the sweedish model doesn;t work,italy spain france have all tried it and failed,population density is far lower and that means more industrial resources per capita .
hmmmm....i wonder who this doc is biased towards, is it republicans....i dont think so! i love how ur lookin at these people and discussing debt limits....all these were and are war mongers aswell as bein owned by special interests...not one has ever served the people, republican or democrat. i think im right when i say obama has increased the debt the same amount bush did in 8yrs in 2.9 yrs! talk about cuts nots not tax breaks!
id rather use my time watchin balanced unbiased docs!
@becij13 PBS is a good source for unbiased information. They cream both sides. But they cream the republicans more because there's more to cream. I find it strange that American don't see paying taxes as a patriotic thing. I live in Massachusetts where it is a traditional democratic state. And we agree to pay a higher tax rate in the means to help the most vulnerable. Free health care for children/poor and the best education in the country. And guess what? We still have funds left over.
@joseph591 this doc is certainly biased, that cant be disputed! its good ur state is achieving but u do it under your state not the federal gov. dr paul' right, when states have more control on things like edu &health care u get better results.
u shud come to the uk& see what manifests itself in society when u have a socialist welfare state....it really is soul destroyin! everythings backwards!
the problem isnt in ur good intentions its about the money not bein there 2 meet these obligations!
@joseph591 Then why don't they have any REAL economists giving their opinions rather than having New York Slimes Keynesian Economic hacks that have never been in business in their lives, and claim that spending is good for an economy not savings. I mean, if savings were bad for an economy, then how would capital accumulate? PBS is liberal bias for sure
@joseph591 It would be nice if transparent (jargon free) quarterly reports were made for the citizens to show where every tax dollar goes. I think then, citizens would not mind paying taxes as much as they do now. I for one don't mind taxes that are used to fix our country and pay for cops, teachers, etc.
@x0xra4g3xox Tell your professor that the United States is a republic not a democracy. Then tell him that the word 'democracy' is found nowhere in either the US Constitution nor the Declaration of Independence.
@FlankerVT The majority of Americans don't want that. But they want to see the National Debt down. Its at complete odds. Until the American people come together and realize that they need to make cuts for the benefit of their children than we are just nibbling around the edges. But I dont see that happening any time soon.
@FlankerVT As Milton Friedman said, "When government spends more money than it receives in tax revenue they can do one of three things. Raise taxes, borrow money, or print money. Although all three may benefit politicians, all three hurt average americans" Printing money doesn't get us something for nothing, it is a secret tax on society called the inflation tax, because we all pay higher prices when they run that printing press.
@USTreasuryBond The issue is not always spending more money than it takes in, the founding fathers actually envisioned that there would be times that you would need the goverment to take over and do more, and there would be times it would need to pull back, that is honestly were you get the two party system, one party was supposed to be for like a larger government the other for a small government, people threw voting in the two opposing parties would guide what direction was needed.
@USTreasuryBond The issue is, it no longer works like that, Democrats and Republicans waste money, and we have a government that is nominated by different business interests, so Obama benefits GE, and Bush Halliburton. We have no hope of any long sited version, each politician only looks ahead to his/her own election, the companies who lobbyist them want things that will help them, the next fiscal year, our government is not that different from china, there no two party system really its a joke
Your right, he would have been bad too. but that doesn't change the fact that obama was a complete fail. Actually, i think obama was the worst of the two...i don't think mccain would have increased the debt on this high a scale.
@FlankerVT You do realize that we would of been in war with Iran and our National debt would of sky rocketed if McCain got in. And republicans during the bush administration was the highest spender since WWII. Now they want to cut? eh...no wonder why congress's approval rating is 9%. They shouldn't of given those promised benefits in the first place. Now we are stuck for what they did in the past. By the way I'm neither republican or democrat. As you can tell :P
the highest spender since WWII is obama, and you can't say with certainty that mccain would have attacked iran. remember he was in war, and he knows haw bad it is.He would probably be even more cautious about it than obama is..i mean obama started that conflict with libya without even asking congress.And the obama administration is mean to iran right now, war seems more likely with obama now.
Every politician in history has made like more jobs is the problem and the answer. If every American in the United States worked 18 hr days, 7 days a week, the political system would still just keep wasting trillions. I get the impression government needs more people working so they can waste more of their tax money...government slaves. How much is wasted on military experimental lemons, space program...black money for the oligarchy?
Are we fucking stupid here, money is an invention, debt is not real, get rid of both and we have more than enough resources on the planet for every single human being many times over! You cannot eat, drink and live in money.
We need a RESOUCE BASED ECONOMY before it's too late.
@bridgey6ix We need a free market and limited government. Money is a medium of exchange. For the past 30 years all we have done is borrowed trillions of dollars from the rest of the world and blew it on consumption. The bills are due, and we're broke. We need to start savings and producing instead of borrowing and consuming. THAT is the problem. Less taxes, less spending, freer economy...
@USTreasuryBond We need a properly regulated Free Market, a unregulated free market allows Monopolies to dominate areas. Some areas are over regulated but take the banks they had really no regulations because what regulations there were, were not even enforced, if you do not grasp that your insane. Gold line plus is being sued right now for fraud, its because they sold people gold for 3 times the market value, the subprime crash wascause banks sold homes for 10 times an already inflated level.
@USTreasuryBond In any other sector if you sell something for more than its market value, gas stations that do price gouging are committing fraud, you sound like your one of the people who do not grasp, if homes stabilized there still would of been a housing crash, the sub prime issue, was not because people couldn't afford them thats not were most of the losses came from, it was because a home that was worth 50,000 at the height of the bubble was being sold by banks for half a million or more!
@USTreasuryBond Banks were lying claiming they were good loans, all the while selling all the loans for who knows how much more its actual market value, and they are still doing it. It is not even now illegal to sell sub prime morgs, free market tech would be for lobbyst, but I for one want it to be out lawed, I want more regulations in some areas, there needs to be Good Regulations, and if the gov has to bail out like the banks they need to take them over like FDR did, later on privatize them!
@bridgey6ix Hmm NO. Sorry nut. Money is simply a medium of exchange, a store of value. Try reading some books, preferably on economics instead of watching zeitard videos on youtube.
nothing but propaganda,Jesus Christ. First it is impossible to run a surplus on a fiat fractional reserve monetary system. Clinton was digging into SS and other entitlements.....Clinton by comparison to Bush was a financial genius,still he ran surplus. Second federal income tax dollars do not goto gov services. They goto pay the interest on debt>>>Rothschilds,Rockefellers, Warburgs,Schiffs,ect....try reading the Grace Commission Report....it tracks govt tax dollars.
The makers... want to make really, really, really sure that you know that George W. Bush, not Barack Obama, put the country in the economic mess it’s in now. More than half the program is devoted to cataloging the Bush administration’s economic policies, which, as portrayed here, come across as appallingly reckless, a burden that will grind us down... it’s an emphasis that could cause anyone to tune out the program as just another exercise in Bush-bashing.
@cr500blur Why are you trying to fight a fight that is not even remotely useful for anyone in the US ? Who gives a rats ass if Bush or Obama is at fault? Be honest: Do you care? Why would you? It doesn't make a difference who is at fault for what, they're all working for the wrong machine.
@Meowbay - The reason many of us care, in your words, is that the strategy decisions made by the DNC to apply blame to Bush is then attached to ANY GOP candidate anywhere, and this is dividing the country along party lines. All the DNC cares about is POWER and controlling people through handouts. The GOP wants people to work and have the ability to work, which brings in tax revenue, which helps the govt take care of the people. Pretty simple to understand. Dumbotards are the virus...
@cr500blur Dumbotards? Grow up. You are one of the reasons why we have divided government. Never look at one source for your news. There is blame to go around for everyone. But facts are facts. Don't bend it in your own view. George bush has run up the national debt on extended entitlements to get re-elected. As well as deregulation. Republicans are not a constructive partner. But a opposition group that is now know as the party of NO. Even on bills that republicans previously agreed with. Pity.
@joseph591 - Thanks Joey, but no thanks. When I need advice from you, I'll.... Sorry to break it to you, but I have made it this far without your help, and of course, you're wrong. Bush DID run up debt, and that was bad. What about dereg? Gonna have to be more specific, if at all possible, unless of course you're just spouting talking point gibberish. Cut yourself some slack and find someone else to bark at. You're not even allowed in line to debate me. Pity.
@cr500blur If you truly believe that the recession was caused by Barack Obama. Than wow. I am ashamed and flabbergasted to see someone will such poor knowledge of past and current times. Its scary to think that people like you can vote. I suggest a good psychiatrist to help you in your struggle. Baby steps because there will be overwhelming information of what you don't want to hear. Good luck. Oh and remember. B-A-B-Y S-T-E-P-S.
Oh, and another thing. Thanks to PBS for continuing the myth of the Clinton surplus. Due to the fancy accounting of that administration, they were very successful in levying ridiculous taxes and arranging spending so that it looked like the deficit was lowered. But moving social security money from one account to another is just intra-governmental debt gaming. Sorry, your data is wrong, he did increase the debt by borrowing, and this would not continue every year into the future. Lies...
What a joke this clown is. Since day one he has fought to place blame and institute class warfare to divide the politicians and every day Americans. His somewhat socialist economic policies are building more debt than the country could deal with even in a good economy. Now, here we are 33 months later, recently past the last debt ceiling war in DC, and he has proposed more spending. Next year we will see the....END OF AN ERROR - NOV 2012. Stop blaming Bush and help create jobs. PERIOD.
@cr500blur The statements that you said are simply aren't true. Its not like I'm angry but I do feel bad that you don't know the basics of the current and past recollection of the government. Maybe you should be enrolled in a economics 101 course.
@joseph591 - So which part am I ignorant on the basics there professor? Stop feeling bad, I took Econ 30 years ago and had plenty of debates on supply-side econ and the decisions of govt. Did you know there are two sides of the coin on that little discussion? One's right more often than the other. Which side, pray tell, would you be standing strong on? Next time hop off your pedestal before you shoot your mouth off.
@joseph591 Not only that, he also assumes that "create jobs" will solve a thing. There are no jobs to create anymore. When do people realize the world does not need more jobs (there aren't any options left), it needs better distributional management of wealth.
@cr500blur Obuma has never sweat a drop working for the Private Sector, the only "jobs" he'll create will be for public sector unions: bridges, infrastructure, are you kidding me? So now cities and local governments will have to cut checks for union workers when they can't even afford to fill a pot hole..... amazing. In two years the jobs will be gone anyway, woop, and he just got re-elected again by that time..... FAIL
11 trillion when this video was made and now 15.3 trillion. By 2016 it will be 24 trillion if current spending continues.
No such thing as a free lunch people!
LimitedResource1959 5 days ago in playlist silver
@5:15 what???? They are not collecting enough TAXES??? oh come on..this is the only country in the whole world collecting taxes every time you move...I said they collecting to much taxes but the Politician is this country miss manage it..and they pay themselves more than they need!!!
chardnj 2 weeks ago
@chardnj It always amazes me how much of an ignoramus a person can clearly be, there has never been a time in the history of the USA, and I do not think a country in the modern era that has lower taxes at a time when a country inters a war. If a person who makes millions a year pays 15% or less when middle income pay around 30, and you can not grasp they are talking about income tax, not state or county taxes. The USA spent more than 1 trillion on just the war in Iraq,$787 billion on stimulus
ASexyChef 2 weeks ago
@chardnj The bank Bail out was Congress bail out, but it was designed under Bushes administration, Obama just signed it into law, the most horrific aspect of the bank bail out, is the fact there were not stipulations on the banks, they were giving basically a blank check to give out bonuses to the people who created the fraudulently sub prime mortgages who tanked the economy, wiped out most of the middle class retirement savings, government borrowed back the money with interest, which is insane.
ASexyChef 2 weeks ago
@chardnj The US created the largest welfare state being the banks, we gave them tax payer money, that the US had to borrow to get, and than it borrowed back allot of that money and the banks charged the USA interest on the money it just gave. Think about that, you loan a person 10,000 and take 5000 back and you get charged interest on the 5k, its horrific, you have like fox news ranting about people on welfare when the banks are now the biggest welfare state and they pay 15% on their taxes
ASexyChef 2 weeks ago
@joseph591 - that's not entity true, if you take note you will notice that other countries are slowly de-coupling themselves from the USD.
amanzisa 3 weeks ago
@amanzisa The United States dollar is the most widely held currency in the Allocated Reserves today. Throughout the last decade, an average of two thirds of the total Allocated foreign exchange reserves of countries have been in US dollars. USD holds 61% of world reserve currency.
joseph591 3 weeks ago
How about getting the money from the people that have it? Seems simple enough. Why do people think this is hard?
nsecchi1 1 month ago
@nsecchi1 cause the people who has money not going to simply give it. They want some bigger and better in return. That is screwing the government and screwing it people.
TimeManInJail 3 weeks ago
@nsecchi1 Well you see the rich are rich enough to have lobbyist, and many of the extremely rich own large portions of news networks. So if you tax the super rich your taxing the job creators, they have actually redefined what is small business own, corporations such as walmart or the coke brothers are actually defined under the tax code as small business because of the number of people that own the company & not its actual size. Fox news daily states these mistruths and if you say it enough
ASexyChef 2 weeks ago
I just hope the americans weaken so that europe can flurish. Maybe i can get some great projects and money. And get a home and life.
system0system0 1 month ago
@system0system0 Europe seems to be in a real hole right now. Their banks did not have a strong base like ours. Investments are extremely low. And more stimulus is needed. Your going to to be working harder and longer as well as have your benefits cuts. Thats the conditions that most European countries needed to accept if they got the stimulus. And don't forget. If America goes down, the world goes down with it.
joseph591 1 month ago
@system0system0 You do know it doesn't work like that right? IF the USA economy fails, right now, it'll actually worsen the Euro market because of how interconnected. Just like the Issues in Europe, the issue with just greece, & if it fails & hurts the Euro it will damage the US economy, & so your not only stupid, for wishing that any country economy worsens, your actually wishing for your own economy to become worse by proxy by wishing the US tanks. I nominate you for the darwin award!
ASexyChef 2 weeks ago
@system0system0 I have no clue what country your from, but after WWII, the fact the USA was able to loan the war savaged countries, the fact the USA build up both Germany and Japan, and loaned millions to france, england, poland, italy, etc. Help western Europe to have a much better of standard of living, and the improvement of western europe actually added to the wealth of the US, even though only Germany actually repayed its debt and the US actually wiped the others out.
ASexyChef 2 weeks ago
@joseph591 Can you tell me when this was broadcast, roughly or exactly?
HardWarUK 1 month ago
Politicans are like kids - don't understand money, and don't care as it's other people's.
HardWarUK 1 month ago
The Bushes... Sorry can't say it, You Tube will ban me.
HardWarUK 1 month ago
Nothing will happen to the debt because of special interest. Same with the UK.The only way is publicly funded elections and then closing tax loopholes for large corporations and renegotiating defence contracts etc, where the government pays $20 for a screw!
HardWarUK 1 month ago
And another thing. Barack Obama has done shit to improve things. We need to cut defense spending. Almost a fucking TRILLION dollars every year goes to defense. That's larger than the next 14 spenders COMBINED. We run around a 500 billion dollar deficit a year as of 2008 right? As seen in the video. 5:00. Cut defense in half and BOOM. Deficit is gone. Raise some taxes, end Bush Cuts, stop half of foriegn aid, we're earning 200 bil a year. Raise some more, 500bil a year. Interest is 300 bil a year
twinshk2 1 month ago
@twinshk2 That is why I would really like Ron Paul, the president can not alter most of the spending in the USA, only congress can purpose and pass a budget, however the president can control all of defense. Why do we need to be in S. Korea, Japan, Germany, Italy for the past 50 years! We spent more than a trillion a year on defense, allot of defense is hidden! We wasted more than a trillion, just the war on Iraq, stimulus 787 billion most of it was taxes cuts we need to rebuild the USA.
ASexyChef 2 weeks ago
I think 80% of people would not mind paying taxes like Canada's if they actually GOT a system like theirs. But the need for social programs and the need to reduce our deficit is completely at odds.
twinshk2 1 month ago
All this will come to a head right at the end of my life but the effects can be felt now. Whats more important is the resource wars that are already happening around the world and will only get worse.
deluxsound123 1 month ago
why nowone talks about military spending us has 40% of all the world military spending us has no near enemy neither canada or mexico can be threats ,us will overextend it;s army and go bankrupt as all other empires that did the same thing in history
io007a 1 month ago
@io007a If you cut a ton in the military spending, you can say good bye to jobs for military personnel. You're talking about cutting military jobs and slashing compensation for our military veterans. I'm pretty sure the military men and women don't think that's a good idea. I want to keep the people defending and protecting our country and people happy, but I'm not saying we shouldn't cut some. Cutting and taxing is the answer.
Naruto0519 1 month ago
@Naruto0519 yes but with one military job in service or production cut you can create at least 1,5 to 2 jobs in other areas of the economy militray spending is the wrong way to go in creating jobs at least if you put that much money in military take by force other people resources and production otherwise it;s not a good economic investment ,the world already sees US as the bad guy and war mongaring nation us spend 5% of the gdp on military EU less than 2% .
io007a 1 month ago
@io007a I suppose it's alright to compare a single nation with 27 combined nations. Cutting one higher paying job with two minimum wage jobs is idiotic. You cannot live in these times with a minimum wage job.
Naruto0519 1 month ago
@Naruto0519 it's not about minimum wage it;s about effect in military spending there is no compound effect on a dollar spent you make a bomb and you blow it nothing more is produced,now you get it? i'm not saying laying off the military men you can make reductions by not making any more hyring so in time the system reduces itself nad not making any more armament things will take time offcourse you can't reduce in a single year the army in half i get that .
io007a 1 month ago
@io007a You're not making any logical reasoning. "I'm not saying cut jobs, I'm saying cut jobs,"?
Naruto0519 1 month ago
THE FEDERAL RESERVE IS THE CANCER OF EARTH
1123359 2 months ago
If obama wouldve jsut stood up for himself and called out the republicans on how they keep disagreeing on everything, he would be in a better situation
fuzzmanx 2 months ago
@fuzzmanx i take that back
fuzzmanx 2 months ago
@fuzzmanx He will do that. He's planning on bringing up the Republicans shooting down his American Jobs Act during his campaign (probably). That's what I would do as Obama.
Naruto0519 1 month ago
I can't believe hacks like that man from the New York Slimes are still even interviewed. They get their information from Paul Krugman who thinks we 'didn't spend enough'. In other words, the bailout wasn't large enough LMFAO!! I mean, these people should lose their jobs and credibility. It is insane to think that the free market caused this problem and the gov't now needs to step in. When in fact, gov't caused this crisis and they are the LAST entity that can fix it. We need the market
USTreasuryBond 2 months ago
i hate my government class
KingL6James 2 months ago
@KingL6James The most important thing you can learn about government is Article 1, Section 8 of the US Constitution and the tenth amendment. Government is supposed to be small, and limited. This recession was caused by a failed fiscal and monetary policy of big government spending and regulations.
USTreasuryBond 2 months ago
I don't understand... It is painfully obvious that we need tax increases. There is No. Other. Way. The United States has the ability to raise a trillion dollars from the wealthy in the nation, yet they refuse to because they're afraid of being voted out of office. Have some backbone! DO IT FOR THE GOOD OF THE COUNTRY, NOT YOUR JOB!
Naruto0519 2 months ago
@Naruto0519 Tax hikes don't increase tax revenues. Throughout history, when taxes and cut, we actually increase revenues for the government. We don't have a tax problem, we have a spending problem and a monetary policy problem.
USTreasuryBond 2 months ago
@USTreasuryBond Tax increases coupled with spending cuts would easily be the first step towards fixing the economy. We do have a tax problem. Our taxes are too low to accommodate our spending. Ergo a tax problem. Not everything is traced back to a single problem, so I also say we have a spending problem. As Milton Friedman said, "When government spends more money than it receives in tax revenue they can do one of three things. Raise taxes, borrow money, or print money." <-- "raise taxes"...
Naruto0519 2 months ago
@Naruto0519 raising taxes in a crysis is wrong and deadly for wveryone ,if you tax the rich the capital may leave ,if you tax the middle class no growth will come for a while ,so definetly cutting is the answer military first healthcare last ,but cutts form everything is neccesary .
io007a 1 month ago
@io007a Wrong. You're incorrect. Taxing the rich AND cutting is the only way we can go. We don't have enough money to spend right now. Printing money causes inflation (look at Zimbabwe), borrowing money increases debt (15 Trillion and counting today), and raising taxes (causes social unrest). Sure, raising taxes would be an "outrage", but do you really want more debt? Do you want inflation? Call me stupid, but I think preparing for the future is a better plan than anything else.
Naruto0519 1 month ago
@Naruto0519 man how are you going to tax the rich ? that;s the problem they never pay taxes anywhere in the world ,as long as they can move freely and any country will be happy to receive their investments and as long offshore's existst no rich guy will ever pay real taxes on the real fortune they have ,yes you can tax them a bit when they spend on luxury goods but that's pocket change ,so you get taxing the middle class and then no gdp growth .
io007a 1 month ago
@io007a How to tax the rich? Well that's simple. You simply impose a higher income tax as well as a higher capital gains tax. You tax them before they can take their money out of the system by putting it into a tax haven. You tax them before they get their hands on the money.
Naruto0519 1 month ago
@Naruto0519 hahaa dream on man first of all the investments are made through offshore companies so you can't tax anything or their fiscal residence is in another country with less taxes so you don't get anything anyway how do you think the rich get richer?we can discuss all day long about this but the simple truth is that the rich never payed and will never pay taxes,too bad we're not all rich but that is the simple truth on how the world works maybe in another system will be justice
io007a 1 month ago
@io007a You see? That's the mentality that's ruining it. You're not trying to figure out a way to tax the rich. Instead you're being apathetic and just saying "the rich get richer and there's nothing we can do about it." Apathy kills countries just as much as greed and corruption.
Naruto0519 1 month ago
@Naruto0519 man i'm not saying that there are ways to tax the rich but not domesticly ,if US marine would listen to the people it would pose a serious threat to all countries that accept offshore companies with 0 or 5% tax that's how you could use your navy if those countries are anot accepting foreigners to pay low taxes in their countries the rich could be tax unfortunately politicians are controlled by the rich thay will never tax them in every country is the same thing.
io007a 1 month ago
@io007a Right. Let's threaten other countries if they don't impose our tax laws. THAT makes sense. Why don't we just take over the world while we're at it? That helps us fix every problem with the tax havens!
Naruto0519 1 month ago
@Naruto0519 We do not, and honestly we should not actually do spending cuts, the Republicans acted the same way with FDR, and the national deficit was a huge focus, it keep FDR New Deal being effective, we know the only thing that ended the great depression was WWII because the USA nationalized huge sectors of the private industry and in the short run it dramatically increased the debt, but the US actually invested in itself too. If spent what we wasted on the banks or just half 4 trillion
ASexyChef 2 weeks ago
@ASexyChef Do you know what FDR tried to do with taxes? He tried to do what the people wanted: cut taxes. He made the biggest tax cuts of any president. Then he turned around and made the biggest tax hikes of any president... He realized his mistake in cutting taxes. I agree that sometimes taxes need to be cut, but right now that is not what we need to do. We need to bring manufacturing back to the USA so we don't lose our profits to outsourced manufacturing. Also, use better grammar.
Naruto0519 2 weeks ago
@Naruto0519 We fixed all the known issues, we build bullet trains, fixed bridges that are just literally falling apart in some areas, solar power is actually effective when you look at the cost long term, 20 years out, so if we took all government buildings state and national level, and had them have solar panels, that were build in the USA, you would revitalize the construction industry over night, and you these jobs going on for years maybe a decade out, and taxed the rich properly.
ASexyChef 2 weeks ago
@ASexyChef Do you know how much that would cost? It would effectively increase our debt to the twenty trillions.
Naruto0519 2 weeks ago
@Naruto0519 man wealthy never pay tax not in us and not in any country of the world it's just the way it is ,us navy should atack offshores not oil rich countries ,if all the offshores in this world would be wiped out maybe the rich will pay some taxes until then it;s just bullshit only the middle class will pay more taxes and then nothing will evolve you can't start a bussines if you make minimum wage or you can't grow your bussines and so on
io007a 1 month ago
@io007a You're wrong yet again. Look at the Scandinavian countries. Tax rates between 20% and 50% and they enjoy the highest standards of living. 20% is 5% more than our highest capital gains tax. Sure, I'm comparing income tax and capital gains tax and you say I should compare income with income. But the fact is that the 1% pay taxes on mostly capital gains (they invest not work). We need a graduated tax bracket and to graduate capital gains taxes. Only thing that makes sense (other than cuts).
Naruto0519 1 month ago
@Naruto0519 scandinavian countries are something diffrent they geneticly have socialism think about it when times are harsh people gather and use their combined strenght they need to work as a team,in southern europe it;s diffrent people are more individualistic they rely more on inovation or personal skills ,that's why the sweedish model doesn;t work,italy spain france have all tried it and failed,population density is far lower and that means more industrial resources per capita .
io007a 1 month ago
hmmmm....i wonder who this doc is biased towards, is it republicans....i dont think so! i love how ur lookin at these people and discussing debt limits....all these were and are war mongers aswell as bein owned by special interests...not one has ever served the people, republican or democrat. i think im right when i say obama has increased the debt the same amount bush did in 8yrs in 2.9 yrs! talk about cuts nots not tax breaks!
id rather use my time watchin balanced unbiased docs!
becij13 3 months ago
@becij13 PBS is a good source for unbiased information. They cream both sides. But they cream the republicans more because there's more to cream. I find it strange that American don't see paying taxes as a patriotic thing. I live in Massachusetts where it is a traditional democratic state. And we agree to pay a higher tax rate in the means to help the most vulnerable. Free health care for children/poor and the best education in the country. And guess what? We still have funds left over.
joseph591 3 months ago
@joseph591 this doc is certainly biased, that cant be disputed! its good ur state is achieving but u do it under your state not the federal gov. dr paul' right, when states have more control on things like edu &health care u get better results.
u shud come to the uk& see what manifests itself in society when u have a socialist welfare state....it really is soul destroyin! everythings backwards!
the problem isnt in ur good intentions its about the money not bein there 2 meet these obligations!
becij13 3 months ago
@joseph591 Then why don't they have any REAL economists giving their opinions rather than having New York Slimes Keynesian Economic hacks that have never been in business in their lives, and claim that spending is good for an economy not savings. I mean, if savings were bad for an economy, then how would capital accumulate? PBS is liberal bias for sure
USTreasuryBond 2 months ago
@joseph591 It would be nice if transparent (jargon free) quarterly reports were made for the citizens to show where every tax dollar goes. I think then, citizens would not mind paying taxes as much as they do now. I for one don't mind taxes that are used to fix our country and pay for cops, teachers, etc.
thelamarvelous2 1 month ago
@becij13 RON PAUL 2012!!!
USTreasuryBond 2 months ago
@USTreasuryBond
Agreed, ron paul 2012
FlankerVT 2 months ago
Im watching this because I have to for Government.
x0xra4g3xox 3 months ago
@x0xra4g3xox Tell your professor that the United States is a republic not a democracy. Then tell him that the word 'democracy' is found nowhere in either the US Constitution nor the Declaration of Independence.
USTreasuryBond 2 months ago
@USTreasuryBond Its not a professor lol. I am in high school. its my senior government teacher. and I dont understand half of what you just said.
x0xra4g3xox 2 months ago
And we need to cut these massive government programs!
FlankerVT 3 months ago
@FlankerVT The majority of Americans don't want that. But they want to see the National Debt down. Its at complete odds. Until the American people come together and realize that they need to make cuts for the benefit of their children than we are just nibbling around the edges. But I dont see that happening any time soon.
joseph591 3 months ago
@joseph591 Yup, same problem with Greece: they need to lower their debts but can't lower their accustomed lifestyles.
Janexcalibur 3 months ago
@FlankerVT As Milton Friedman said, "When government spends more money than it receives in tax revenue they can do one of three things. Raise taxes, borrow money, or print money. Although all three may benefit politicians, all three hurt average americans" Printing money doesn't get us something for nothing, it is a secret tax on society called the inflation tax, because we all pay higher prices when they run that printing press.
USTreasuryBond 2 months ago
@USTreasuryBond The issue is not always spending more money than it takes in, the founding fathers actually envisioned that there would be times that you would need the goverment to take over and do more, and there would be times it would need to pull back, that is honestly were you get the two party system, one party was supposed to be for like a larger government the other for a small government, people threw voting in the two opposing parties would guide what direction was needed.
ASexyChef 2 weeks ago
@USTreasuryBond The issue is, it no longer works like that, Democrats and Republicans waste money, and we have a government that is nominated by different business interests, so Obama benefits GE, and Bush Halliburton. We have no hope of any long sited version, each politician only looks ahead to his/her own election, the companies who lobbyist them want things that will help them, the next fiscal year, our government is not that different from china, there no two party system really its a joke
ASexyChef 2 weeks ago
Obama was an epic fail.
FlankerVT 3 months ago
@FlankerVT Do you think McCain would of been better? I don't think so.
joseph591 3 months ago
@joseph591
Your right, he would have been bad too. but that doesn't change the fact that obama was a complete fail. Actually, i think obama was the worst of the two...i don't think mccain would have increased the debt on this high a scale.
FlankerVT 3 months ago
@FlankerVT You do realize that we would of been in war with Iran and our National debt would of sky rocketed if McCain got in. And republicans during the bush administration was the highest spender since WWII. Now they want to cut? eh...no wonder why congress's approval rating is 9%. They shouldn't of given those promised benefits in the first place. Now we are stuck for what they did in the past. By the way I'm neither republican or democrat. As you can tell :P
joseph591 3 months ago
@joseph591
the highest spender since WWII is obama, and you can't say with certainty that mccain would have attacked iran. remember he was in war, and he knows haw bad it is.He would probably be even more cautious about it than obama is..i mean obama started that conflict with libya without even asking congress.And the obama administration is mean to iran right now, war seems more likely with obama now.
FlankerVT 3 months ago
@FlankerVT Bush was the biggest spender in US history, then Obama was four times worse.
USTreasuryBond 2 months ago
@FlankerVT Owe Bama you mean?
USTreasuryBond 2 months ago
Just default, and tell the creditors to go fuck themself, and make a new currency and back it up with gold....problem solved.
FlankerVT 3 months ago
Every politician in history has made like more jobs is the problem and the answer. If every American in the United States worked 18 hr days, 7 days a week, the political system would still just keep wasting trillions. I get the impression government needs more people working so they can waste more of their tax money...government slaves. How much is wasted on military experimental lemons, space program...black money for the oligarchy?
Padding the pockets of the elite.
robertslistening 4 months ago
I want NO income tax, just like before 1913.
Ron Paul 2012.
ustfu 4 months ago
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ustfu 4 months ago
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ustfu 4 months ago
Welcome china,can you please not kick the shit out of us for taking your money and run the country instead?
NickMalti1981 5 months ago
i, for one, welcome our new chinese overlords with open arms.
neurocrater 5 months ago
Are we fucking stupid here, money is an invention, debt is not real, get rid of both and we have more than enough resources on the planet for every single human being many times over! You cannot eat, drink and live in money.
We need a RESOUCE BASED ECONOMY before it's too late.
bridgey6ix 5 months ago
@bridgey6ix We need a free market and limited government. Money is a medium of exchange. For the past 30 years all we have done is borrowed trillions of dollars from the rest of the world and blew it on consumption. The bills are due, and we're broke. We need to start savings and producing instead of borrowing and consuming. THAT is the problem. Less taxes, less spending, freer economy...
USTreasuryBond 2 months ago
@USTreasuryBond We need a properly regulated Free Market, a unregulated free market allows Monopolies to dominate areas. Some areas are over regulated but take the banks they had really no regulations because what regulations there were, were not even enforced, if you do not grasp that your insane. Gold line plus is being sued right now for fraud, its because they sold people gold for 3 times the market value, the subprime crash wascause banks sold homes for 10 times an already inflated level.
ASexyChef 2 weeks ago
@USTreasuryBond In any other sector if you sell something for more than its market value, gas stations that do price gouging are committing fraud, you sound like your one of the people who do not grasp, if homes stabilized there still would of been a housing crash, the sub prime issue, was not because people couldn't afford them thats not were most of the losses came from, it was because a home that was worth 50,000 at the height of the bubble was being sold by banks for half a million or more!
ASexyChef 2 weeks ago
@USTreasuryBond Banks were lying claiming they were good loans, all the while selling all the loans for who knows how much more its actual market value, and they are still doing it. It is not even now illegal to sell sub prime morgs, free market tech would be for lobbyst, but I for one want it to be out lawed, I want more regulations in some areas, there needs to be Good Regulations, and if the gov has to bail out like the banks they need to take them over like FDR did, later on privatize them!
ASexyChef 2 weeks ago
@bridgey6ix Money is simply a medium of exchange you zeitard. Jack off to circle cities somewhere else.
H1TMANactual 1 month ago
@H1TMANactual You've shown your ignorance and stupidity, good for you. Money is debt, debt is a control mechanism, and you are a modern wage slave.
bridgey6ix 1 month ago
@bridgey6ix Hmm NO. Sorry nut. Money is simply a medium of exchange, a store of value. Try reading some books, preferably on economics instead of watching zeitard videos on youtube.
H1TMANactual 1 month ago
Monetary abstractions for simple minds.
Slavery at it's best!
MrSammo1 5 months ago
tax the rich..the end
alhazed 5 months ago
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jvsus4117 5 months ago
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jvsus4117 5 months ago
Time to pay up bitches
koneye 5 months ago
nothing but propaganda,Jesus Christ. First it is impossible to run a surplus on a fiat fractional reserve monetary system. Clinton was digging into SS and other entitlements.....Clinton by comparison to Bush was a financial genius,still he ran surplus. Second federal income tax dollars do not goto gov services. They goto pay the interest on debt>>>Rothschilds,Rockefellers, Warburgs,Schiffs,ect....try reading the Grace Commission Report....it tracks govt tax dollars.
krew666666 5 months ago
healthcare vs. military spending?
Wt0theK 5 months ago
New York Times...
The makers... want to make really, really, really sure that you know that George W. Bush, not Barack Obama, put the country in the economic mess it’s in now. More than half the program is devoted to cataloging the Bush administration’s economic policies, which, as portrayed here, come across as appallingly reckless, a burden that will grind us down... it’s an emphasis that could cause anyone to tune out the program as just another exercise in Bush-bashing.
cr500blur 5 months ago
@cr500blur Why are you trying to fight a fight that is not even remotely useful for anyone in the US ? Who gives a rats ass if Bush or Obama is at fault? Be honest: Do you care? Why would you? It doesn't make a difference who is at fault for what, they're all working for the wrong machine.
Meowbay 5 months ago
@Meowbay - The reason many of us care, in your words, is that the strategy decisions made by the DNC to apply blame to Bush is then attached to ANY GOP candidate anywhere, and this is dividing the country along party lines. All the DNC cares about is POWER and controlling people through handouts. The GOP wants people to work and have the ability to work, which brings in tax revenue, which helps the govt take care of the people. Pretty simple to understand. Dumbotards are the virus...
cr500blur 5 months ago
@cr500blur Dumbotards? Grow up. You are one of the reasons why we have divided government. Never look at one source for your news. There is blame to go around for everyone. But facts are facts. Don't bend it in your own view. George bush has run up the national debt on extended entitlements to get re-elected. As well as deregulation. Republicans are not a constructive partner. But a opposition group that is now know as the party of NO. Even on bills that republicans previously agreed with. Pity.
joseph591 5 months ago
@joseph591 - Thanks Joey, but no thanks. When I need advice from you, I'll.... Sorry to break it to you, but I have made it this far without your help, and of course, you're wrong. Bush DID run up debt, and that was bad. What about dereg? Gonna have to be more specific, if at all possible, unless of course you're just spouting talking point gibberish. Cut yourself some slack and find someone else to bark at. You're not even allowed in line to debate me. Pity.
cr500blur 5 months ago
@cr500blur If you truly believe that the recession was caused by Barack Obama. Than wow. I am ashamed and flabbergasted to see someone will such poor knowledge of past and current times. Its scary to think that people like you can vote. I suggest a good psychiatrist to help you in your struggle. Baby steps because there will be overwhelming information of what you don't want to hear. Good luck. Oh and remember. B-A-B-Y S-T-E-P-S.
joseph591 5 months ago
This has been flagged as spam show
@cr500blur Either way, Bush was an even bigger fool than Obama, and you know it. Stop trying to make him look good, you will not succeed, nowhere.
Meowbay 5 months ago
Oh, and another thing. Thanks to PBS for continuing the myth of the Clinton surplus. Due to the fancy accounting of that administration, they were very successful in levying ridiculous taxes and arranging spending so that it looked like the deficit was lowered. But moving social security money from one account to another is just intra-governmental debt gaming. Sorry, your data is wrong, he did increase the debt by borrowing, and this would not continue every year into the future. Lies...
cr500blur 5 months ago
What a joke this clown is. Since day one he has fought to place blame and institute class warfare to divide the politicians and every day Americans. His somewhat socialist economic policies are building more debt than the country could deal with even in a good economy. Now, here we are 33 months later, recently past the last debt ceiling war in DC, and he has proposed more spending. Next year we will see the....END OF AN ERROR - NOV 2012. Stop blaming Bush and help create jobs. PERIOD.
cr500blur 5 months ago
@cr500blur The statements that you said are simply aren't true. Its not like I'm angry but I do feel bad that you don't know the basics of the current and past recollection of the government. Maybe you should be enrolled in a economics 101 course.
joseph591 5 months ago 6
@joseph591 - So which part am I ignorant on the basics there professor? Stop feeling bad, I took Econ 30 years ago and had plenty of debates on supply-side econ and the decisions of govt. Did you know there are two sides of the coin on that little discussion? One's right more often than the other. Which side, pray tell, would you be standing strong on? Next time hop off your pedestal before you shoot your mouth off.
cr500blur 5 months ago
@joseph591 Not only that, he also assumes that "create jobs" will solve a thing. There are no jobs to create anymore. When do people realize the world does not need more jobs (there aren't any options left), it needs better distributional management of wealth.
Meowbay 5 months ago
@cr500blur Obuma has never sweat a drop working for the Private Sector, the only "jobs" he'll create will be for public sector unions: bridges, infrastructure, are you kidding me? So now cities and local governments will have to cut checks for union workers when they can't even afford to fill a pot hole..... amazing. In two years the jobs will be gone anyway, woop, and he just got re-elected again by that time..... FAIL
Junglist562 4 months ago