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The major driver of Reagan tax revenues was not productivity--it was *inflation*. Remember? Most conservatives knowingly *choose* to ignore that fact because it undercuts their basic claims.
The real problem they face is a simple one. The basic technology can NOT be patented. Hence, they have to come up with something that CAN be patented or otherwise protected so they can charge fees to sell or license it (such as a proprietary chemical or similar item).
Compare those plans to a change to SP/UHC. You never see a savings comparison. Wonder why? Because saving $1T to $1.5+T/year is not what anyone on the right wants to see....
At $1/year, he can create as many jobs as he wants (hundreds of billions of jobs). That does NOT mean anyone will be able or willing to take those jobs due to the low pay. Let me guess: Mandatory "take this job or else" legislation--but that *still* leaves people with inadequate income to pay their expenses. The purpose of a job is a *livable* wage--not an income *below* subsistence.
Nonsense. The "job creators" have failed. The govt shrank by 17k--so, using conservative-speak, that means fewer "leeches on society". However, those very same conservatives actively choose to ignore the fact THEIR claims about jobs being created by "job creators" has usually failed for TEN consecutive years.
Dayton got a potential *huge* advantage in the negotiations. He is just not telling what it is--yet. Let's see how long it takes the conservatives to figure out they voluntarily stuck their heads in the public noose--and Dayton is holding the trapdoor lever.
IMO, the Congress already has approved the required new deficit ceiling--they just do not want to *publicly* admit they did so.
Each and every single bill that became law was vetted and approved by Congress. Thus, they knew the cost. They were already aware of the current costs of the laws *already* passed as well (by previous Congresses). Thus, they knew--and approved--the increase in the deficit ceiling with each and every new (or revised older law) they passed.
Thus, *every...
The real point of concern is transfer of risk. A DB plan puts the risk on the company. A DC plan puts the risk on the employee. The problem: The company will pay LESS to fund the DC plan. Why? Because the employer dictates their contribution. The employees' ONLY options are to "take it--or quit". If retirement accounts are inadequately funded because employers choose to underfund the DC programs of their employees, the employer does not care--that is the employees' problem. That is, until...
The state is obliged to take in enough income to cover the cost of running government and providing the public services people require. Conservatives claim tax cuts create the jobs that provide the revenue.
Why don't we take them up on their claim by creating a new state tax benefit for each "new" job created and maintained for at least a full tax year.
But in the meantime, to "encourage" wealthy conservatives to put their money where their mouths are, raise their taxes enough...
'“failed states” such as Iran and Syria — should be subject to economic sanctions and diplomatic pressure until they respect the rights of their people.'
ROFLMAO !!!
Timmy fails again.
By *his own definition*, most of the Middle East countries are "failed states". Why? Because they do NOT "respect the rights of their people".
Is he going to 'reform' the "failed states" of Saudi Arabia, Kuwait, and the UAE? Of course NOT.
Conservative leadership appears to...