80% tax rate Means prosperity

Discussion in 'Economics' started by jueco2005, Jan 11, 2012.

  1. He who wants to find some truth or data should find it himself.

    I just post my ideas, debates and comments. I am not here to teach you anything. Unless you want to pay 50 hourly.
     
    #171     Jan 17, 2012
  2. I disagree with your assertion and recommendations.

    I still think one important way to start fixing things is to increase marginal taxes. Possibly using the same rates we had before our charismatic Reagan appeared.
     
    #172     Jan 17, 2012
  3. piezoe

    piezoe

    I don't know much about socialism, having been born and raised in what seems to be the most capitalist country the world has ever known. But I wonder how you can reach such a general conclusion without ignoring the plainly very successful socialist countries of say, Netherlands, Germany, Finland, Denmark, and Norway -- to name a few. By comparison, the very capitalist country of the United States would seem to be doing worse, by many measures, than these much more socialist countries. In fact, using the U.S. as a basis for comparison, even countries such as Canada and Australia seem rather "socialist" ; yet they seem to be doing rather better than the U.S. What am I missing?
     
    #173     Jan 17, 2012
  4. Mav88

    Mav88

    You fail to respond to my main point and consider the most salient historical point of view, the view of americans living at the time. The elected Kennedy on a tax cut platform to stimulate the economy. Talk out your ass all you want about how great it was, but the people who lived it disagree with you.



    If you are going to just make shit up then say so. I thought maybe you were intellectually honest. People here where I live can buy a 1500 sq foot home on 1/3 acre for 100K, just like the 50s...

    http://www.thepeoplehistory.com/1950s.html



    'Great car' for decades? LOL That does it, I won't discuss anything with some dumb post-monkey who makes shit up.
     
    #174     Jan 17, 2012
  5. THIS IS THE LAST THING I WILL EVER REPLY TO YOU FOR BEING DISRESPECTFUL.

    Get your US passport and go to Cuba. We have all 50s and 40s car driving down there. Try that with your ford focus.

    Enjoy your prosperous times.
     
    #175     Jan 17, 2012
  6. Too bad Americans think America is the world. Traveling the world could prove to be an eye opener.

    When I lived in Cuba I used to believe America was the next step before paradise and I believed so for the first few years living here. Then when I became a US citizen I got my passport and went to Germany to visit my family there. WHAT AN AWAKENING!!!
     
    #176     Jan 17, 2012
  7. MKTrader

    MKTrader

    A few thoughts:

    1) For every soft socialist country you named there's a Greece, Portugal, Spain, Ireland, UK, etc. Moreover, Germany seems fed up with helping socialists outside their borders.

    2) Of the countries you named (including Australia and Canada), all except Norway are listed in the top 30 of the Index of Economic Freedom. Four are in the top 15. So they're relatively free compared to the rest of the world.

    http://en.wikipedia.org/wiki/Index_of_Economic_Freedom

    3) None of those countries spend nearly as much as the U.S. (per capita) on their military forces . Nor are they trying to build/keep empires.

    http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures_per_capita

    4) Unless you spent time in the U.S. before 1913, you don't know much about living in a true free market economy. If a gov't or quasi-gov't agency controls interest rates and money supply, the foundations of a free market are heavily eroded. In addition, the gov't (as measured by agencies/employees, regulatory oversight or almost anything else) has grown exponentially since then.
     
    #177     Jan 17, 2012
  8. Thank you.

    I usually tell people how some countries regarded as socialist score higher in the index of economic freedom. In fact, if you look in detail the only thing the US comes in 3 place is in the labor force; all because we do not have strong laws protecting workers. The rest is very shameful for a country who takes pride in being the leader of capitalism and economic development.

    The biggest threat to national security is the fed itself. Central Banks makes us pay dearly for their mistakes.
     
    #178     Jan 18, 2012
  9. You may not think the U.S. is the greatest, but for those of us who ran away from Stalin and Hitler, who had relatives murdered in GERMANY, who needed a place to go, it was either Israel or the U.S. The people of the U.S. are very generous. I appreciate this country and will forever be grateful for what it did for my family. Everyone likes to bitch and moan about what they don't like. But when push comes to shove and you need a place to go, the U.S. is still the place they all go to.
    You can always go back to Cuba. I don't think the immigration process is that long!
     
    #179     Jan 18, 2012
  10. By overlooking my word you misinterpreted the whole thing. Too bad you haven’t read the whole post. You would have noticed I am like those fleeing from Hitler and Stalin. I am one of those who would forever fight and protect The United States of America. The thing is that I believe our worst enemy is a domestic one and very much American. The real threat to us in everyway is not a stupid fanatic hiding in a cave. However, as an immigrant I can not fight the enemy within; it is considered treason.

    I can't go back to Cuba even if I wanted to. 12 years in the US I am already American and will live and die in this land.

    Thanks anyways.
     
    #180     Jan 18, 2012