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Topic: How do you think the US economy is doing right now?

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Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #140 on: July 11, 2024, 06:34:03 PM »
I prefer the terms free markets vs central planning.  

Cincydawg

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OrangeAfroMan

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“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

betarhoalphadelta

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Re: How do you think the US economy is doing right now?
« Reply #143 on: July 11, 2024, 07:27:07 PM »
This is the most meaningless post on the website.  And you know it is.  Yet you persist.
No, it goes to feasibility to what you want to do. If you're trying to squeeze Bezos via income tax, he doesn't have THAT remarkable of an income. 

I mean, I know where you're coming from. YOU know he's got the money, so might as well send Rocco and Vinny to shake some quarters loose from him, right? 

But as always, it's a lot more complicated. Wealth taxes have been tried in a lot of places, and generally backfire. Income taxes won't affect him much. 

So your solution is "make Bezos pay, dammit!" Well, exactly how are you going to make that happen? Other than just saying "gimme gimme gimme, Jeff!"

OrangeAfroMan

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Re: How do you think the US economy is doing right now?
« Reply #144 on: July 11, 2024, 07:45:06 PM »
No, it goes to feasibility to what you want to do. If you're trying to squeeze Bezos via income tax, he doesn't have THAT remarkable of an income.

I mean, I know where you're coming from. YOU know he's got the money, so might as well send Rocco and Vinny to shake some quarters loose from him, right?

But as always, it's a lot more complicated. Wealth taxes have been tried in a lot of places, and generally backfire. Income taxes won't affect him much.

So your solution is "make Bezos pay, dammit!" Well, exactly how are you going to make that happen? Other than just saying "gimme gimme gimme, Jeff!"

Sorry if this was murky, but I've been suggesting these corporations take from their own rich and give to their own poor.  Not taxes.  The tens of thousands of backs the famous, pretty company relies upon.

I don't know HOW other than a company's leaders wanting to improve the lives of the many at the miniscule cost of the few (in-house).  And a 1-year snapshot of someone like Bezos' salary/wealth is a fucking joke of a contribution here, especially the year he left.  

“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

MrNubbz

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Re: How do you think the US economy is doing right now?
« Reply #145 on: July 11, 2024, 07:54:29 PM »
No, it goes to feasibility to what you want to do. If you're trying to squeeze Bezos via income tax, he doesn't have THAT remarkable of an income.

I mean, I know where you're coming from. YOU know he's got the money, so might as well send Rocco and Vinny to shake some quarters loose from him, right?
Ya left out Dutch and Bruno he's a big fish you know - one for each limb
"Let us endeavor so to live - that when we come to die even the undertaker will be sorry." - Mark Twain

Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #146 on: July 11, 2024, 08:13:29 PM »
I'm not down on capitalism, I was just copying the phrase you used.  Capitalism is great.  But like a few bad apples ruining things for the rest of us (PSA checkpoints, women not going out alone at night, no booze on Sundays (wait, that's a ton of bad apples (j/k)), I think those who are driven towards unlimited growth/wealth/power/influence largely ruin capitalism. 
There is a mighty, mighty chasm between having a few trillionaires and 30% of the populace being poor AND any sort of idealized version of socialism. 
Hell, maybe the same type of person that easily ruins socialism is the one trying his best to ruin capitalism, idk.

All I'm honestly advocating for here is some skinning off the top to give to the connected bottom.
Amazon is the perfect example.  Does anyone here have a problem with something like 1% of Bezos' take-home going towards simply improving the conditions for the warehouse workers?  Is that such a radical idea?
His take home is $1.7 million.  So 1% sees paltry to me.

betarhoalphadelta

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Honestbuckeye

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Re: How do you think the US economy is doing right now?
« Reply #148 on: July 11, 2024, 08:18:51 PM »
Well I'm sure this will fix it...

https://www.cbs8.com/article/news/politics/prop-32-california-minimum-wage-increase/509-93f856e6-a4b6-4857-baf6-ee01e27fd96e
lol.   I have been reading a lot about layoffs, staff reductions and reduced hours due to this.  
Get your facts first, then you can distort them as you please.
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OrangeAfroMan

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Re: How do you think the US economy is doing right now?
« Reply #149 on: July 11, 2024, 10:21:19 PM »
His take home is $1.7 million.  So 1% sees paltry to me.
You are incorrigible.
“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

OrangeAfroMan

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Re: How do you think the US economy is doing right now?
« Reply #150 on: July 11, 2024, 10:23:01 PM »
lol.  I have been reading a lot about layoffs, staff reductions and reduced hours due to this. 
If it doesn't pass, you'll have employed homeless people.

If it does pass, you'll have unemployed homeless people.
“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #151 on: July 11, 2024, 11:22:03 PM »
You are incorrigible.
Explain my error.  You can’t. 

MrNubbz

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Re: How do you think the US economy is doing right now?
« Reply #152 on: July 12, 2024, 06:46:48 AM »
This is a lot like blaming corporate greed for inflation.  Ok, were corporations NOT greedy for the past 35 years of low inflation.
Congress has been handing the Defense industry BILLIONS & BILLIONS and we're actually less safe.Before the bitch croaked last year her handlers propped up Dian Finestein before the house appropriations committee. As they wheeled her in she sat there and babbled she'd like to pass the legislation allocating like 718 Billion dollars - congress actually passed a 886 Billion dollar defense bill later. Of course Diane had lots of coin invested there

How is someone like myself on a fixed income and not "well off" as our taxes get driven up by crap like that.Our County taxes have literally gone thru the roof in my city even though the state has has ruled the way schools are funded unconstitutional yet we've had two new facilities for primary and secondary(well one is just actually getting built) the other completed 7yrs ago. Yet now in my 60s after 41 yrs of toil I have the good fortune of have 80/20 medical ins while down the street the immigrant from Syria has a VOLVO SUV and has a state food card and medical coverage(and that is the truth of it). But those of us who have paid our time and dues are watching Congress and Big Business(medical now being problematic also) just screw over the once robust middle class and allocating all sorts of funds to all sorts of leeches - and that is as nice as phrase to describe all of this

Like the man said  - a hard rain is  gonna fall.

And at least in THIS instance OAM reminds me of Belushi & the Animal House quote

Bluto's right. Psychotic... but absolutely right. We gotta take these bastards.
"Let us endeavor so to live - that when we come to die even the undertaker will be sorry." - Mark Twain

Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #153 on: July 12, 2024, 08:17:23 AM »
I find it interesting how I bring "data and facts" to someone's proposal, and I'm "incorrigible", that isn't what he really meant, or something.  Post what you mean, with "data and facts", and make a point, instead of some drivel that is absurd prima facia.

 

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