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#91
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Supply-side economics has basically been proven empirically wrong. When you cut taxes on the rich, it usually (there are exceptions) doesn't give you the same tax revenue as you had before due to growth. Reagan (or at least his handlers) knew it was bullshit when he said it. We have seen the impact -- record inequality, stagnate real wages, shrinking middle class. We're sick of fucking hearing it. Cutting taxes for wealthy people -- help wealthy people -- not poor or most middle class people. No shit? Shouldn't have that been obvious right away? | |||
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#92
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__________________
<Millenial Snowfkake Utopia>
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#93
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Also I would like to add that race doesn't exist and that its just a social construct. OP and video producer obviously hate White People except when it comes to living in their countries and using all their evil inventions like internet and electricity. | |||
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Last edited by sOurDieSel; 05-13-2016 at 12:07 AM..
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#94
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America's % of world GDP in 1870 = 8.9% America's % of world GDP in 1913 = 18.9% America's % of world GDP in 1950 = 27.3% America's % of world GDP in 1980 = 21.1% America's % of world GDP in 2008 = 18.6% https://infogr.am/Share-of-world-GDP-throughout-history To me it is obvious that Reaganite polices do not work. The Coldwar including Vietnam is what I blame for slow growth after 1950. Huge drain on resources. We also don't invest in our workforce in America. At least, not like they do in many other advanced industrial societies. Apple has to go to Germany (with all their horrible unions) to get the more expensive parts of their phones made by their workforce. What is so wrong about having Apple work with the US government and not the German government? | |||
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Last edited by JurisDictum; 05-13-2016 at 12:11 AM..
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#95
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Hmm I wonder what happened between 1913 and 1950? Oh right it was that part where we bombed the shit out of the manufacturing base and infrastructure of nearly all of our financial competitors. Not to mention The Federal Reserve and a little something called Bretton Woods. You were just talking previously about complexities and conservatives being unable to understand them yet you cherry pick everything. | |||
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Last edited by Nihilist_santa; 05-13-2016 at 12:22 AM..
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#96
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Your information also doesn't say what you are saying. If anything it shows steady growth until the point Americas interventionist took over. Then its been nothing but decline accept for the accounted for growth I noted above which was due to a lack of competition and excess manufacturing capacity from the war.
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#97
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RealGDPperCapita-650x450.jpg I just don't see any evidence for his wild view of the history of our economy. | |||
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#98
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"I have given my life to try to alleviate the sufferings of Africa. There
is something that all white men who have lived here like I must learn and know: that these individuals are a sub-race. They have neither the intellectual, mental, or emotional abilities to equate or to share equally with white men in any function of our civilization. I have given my life to try to bring them the advantages which our civilization must offer, but I have become well aware that we must retain this status: the superior and they the inferior. For whenever a white man seeks to live among them as their equals they will either destroy him or devour him. And they will destroy all of his work. Let white men from anywhere in the world, who would come to Africa, remember that you must continually retain this status; you the master and they the inferior like children that you would help or teach. Never fraternize with them as equals. Never accept them as your social equals or they will devour you. They will destroy you." Albert Schweitzer renowned Philosopher I think Trump would agree with Schweitzer, how bout you? | ||
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#99
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#100
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