Bill Maher Discusses Republican 'Voodoo Economics' With Rachel Maddow (Part 1)

[vechorik]

The Debt Ceiling under President Reagan was raised eighteen times to a total of $1.85 trillion (See Table 7.3). This is less than the $3 trillion-plus already raised under President Obama! Raising the Ceiling 18 times during the eight Reagan years meant a Ceiling battle every 5.3 months (on average), with an average rise of only $102 billion per increase. So… does Obama really want to get the Reagan Treatment?

[v07m9s]

The rich are getting richer. Their effective tax rate, in recent years, has been reduced to the lowest in modern history. Nurses, teachers and firemen actually pay a higher tax rate than some billionaires

[jamspooge86]

yeah tax the fuckin rich.. I don't know the tax system in and out in the states but in Canada the tax system is so skewed that the poorest income bracket $25-30,000 will pay an average of 30.7% in taxes, when the top tier of $250,000 and above will pay 30.5%. Have a graduated tax system that works. See the facts that tax cuts have done nothing for job creation and that corporations have sat on their increased amount of capital. FUCK EM, TAX EM a bit more!!

[juugoolart]

why is socialism such a bad word in America?

[Akus75038]

@juugoolart Because, juugoolart, when you get your paycheck, you don't give it out to people. You spend it on YOUR needs. You pay YOUR bills. If you're a true socialist, you should let in total strangers in your house and pay for their living: food, underwear change, entertainment. But I am willing to bet you don't do that. You just want SOMEBODY else to do that, and, of all things, you want to FORCE them to be charitable.

[Akus75038]

@Akus75038 Socialists dislike organized religion. They say it forces its morality on others and most of the followers are hipocrites. But the cruel irony is that socialists do the very things they so dislike the church for. They're all about charities and giving to the poor, except they don't give to the poor and wish others were forced to do that.

[juugoolart]

@Akus75038 I give what I can.

[juugoolart]

@Akus75038

wow, you're taking it to the extreme.

why shouldn't the mega-rich pay more tax? they make their money from us anyhow.

the government spends the money to improve the country. if they were truly patriotic, they wouldn't mind it.

anyhow, I'm glad I live in Australia.

[Akus75038]

@juugoolart Well, maybe in Australia government spends money to imporove the country. Here,we incarcerate people for non violent acts where noone's life or property was taken away. And as far as you giving what you can, so do the "mega-rich", they, too, give what they can.

[TheSteve4200]

@juugoolart......lol!!! You think the American government " spends the money to improve the country".? lol!!! You cant just feed them more money to bail out wall street bankers, and bomb other country's. Obviously that's your idea of spending money well spent. Now they wanna raise the debt ceiling just to get them threw another 6 months and keep a 5 star credit rating. The government is spending us into hyper inflation. Its become obvious they are purposely trying to collapse its own economy.

[juugoolart]

@TheSteve4200 Sounds like you need a better government. 

[TheSteve4200]

@juugoolart.... No kidding..

[Neosaigo]

@Akus75038 Actually your comments perfectly demonstrate the U.S ignorance on what socialism even is.

[Akus75038]

@Neosaigo Actually I was born in the USSR and emigrated here when I was old enough to see socialism in its overdrive. So, actually, I am anything but ignorant.

[genie0390]

yes rachel, there is an endless pool of monies out there. need trillions, tax the rich, need tens of trillions, tax the rich. fuck businessmen creating jobs, jobs are created by magic

[SexyandBrown]

@genie0390 You know before Reagan, 27% of the taxes came from the rich, that why we had bridges, and other things, so its nothing new, especially since we have corporations making billions a years, not including the taxes they dodge.

[cbfreakbears]

I heard once this guy is a Libertarian......guess that was wrong

[kmare17]

Bill Maher is not just a wonderful, funny man; Bill is a very wise person too. I like Bill and I wish the Democratic Party had men and women so articulate and of such candor as his.

[WeLiveForParkour]

Bill Maher would bring this country out of all of the crap bush got us into. If Obama doesnt do it first. But he only has 1 year left. This is why Bill should run for 2012

[sadgunasagar]

Why can't Obama talk like Bill Maher?

[tyrannosaurusinf14]

@sadgunasagar because obama is a nice guy and boy he's a great father and husband and neighbor but he is not a political leader for a party that is supposed to be the last bastion against the plutocracy that the us is becoming. he just can't take risks and is adverse to fights. maher routinely gets in the ring with conservatives and trades blows with them, that is his personality, different than obama...