The stats these libs through around are entirely misleading. Someone could sell there house in San Francisco and the would be in the top 1% of income earners that year, regardless of their actual earnings. The point is, the top 1% are different people every year, not the same people. Did you know that 75% of the people in the bottom 20% of income earners in 1978 were in the top 50% in 1998. Comparing these percentages does not work. Read Thomas Sowell.
Optimization of fiscal policy is extraordinarily complex - e.g. excessively compressed tax brackets tend to be stagflationary in the long run. But even if the optimal fiscal policy were known, the practical problem of getting politicians to apply it is generally insurmountable - as Jim points out.
reading you makes me ill. donkey! few people prefer the truth nowadays. FoxNews provides the TRUTH. Not extreme left diatribe that has reached the point of saturation. Obama is the SCARIEST fascist yet!!
OH I AM SO SORRY if I have offended you in any way. Of course I am not questioning the integrity of the "FAIR AND BALANCED" FOXnews. Its just whenever I watch it, kinda makes me feel like the world around me is "spinning."You know like sea sickness. btw I don't support Obama, I support Ron Paul but you wouldn't know him cuz our "fair" station banned him from the network.
This video is great foreshadowing.
Let us spend our money, the economy will always be good anyway.
Profits are good for everyone... lol. Tax cuts creating revenues.
Incomes were flat, they're right. Inequality! Damn phony profits silencing criticism
singe101 2 years ago
The stats these libs through around are entirely misleading. Someone could sell there house in San Francisco and the would be in the top 1% of income earners that year, regardless of their actual earnings. The point is, the top 1% are different people every year, not the same people. Did you know that 75% of the people in the bottom 20% of income earners in 1978 were in the top 50% in 1998. Comparing these percentages does not work. Read Thomas Sowell.
lakedawg 3 years ago
Optimization of fiscal policy is extraordinarily complex - e.g. excessively compressed tax brackets tend to be stagflationary in the long run. But even if the optimal fiscal policy were known, the practical problem of getting politicians to apply it is generally insurmountable - as Jim points out.
nathanwilefrazier 4 years ago
listening to FOX makes me sick.
amsd1231 4 years ago
reading you makes me ill. donkey! few people prefer the truth nowadays. FoxNews provides the TRUTH. Not extreme left diatribe that has reached the point of saturation. Obama is the SCARIEST fascist yet!!
joshuancontrol 4 years ago
OH I AM SO SORRY if I have offended you in any way. Of course I am not questioning the integrity of the "FAIR AND BALANCED" FOXnews. Its just whenever I watch it, kinda makes me feel like the world around me is "spinning."You know like sea sickness. btw I don't support Obama, I support Ron Paul but you wouldn't know him cuz our "fair" station banned him from the network.
amsd1231 3 years ago
JIM ROGERS rocks!
SolitonPL 4 years ago 4
a shouting match..lol
ednan9 4 years ago
Thanks for your service here. The volume was very low though and hard to hear.
demohr777 4 years ago