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Everything posted by godzilla
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i'm sorry i'm wrong about the top corporate tax rate. it was not cut by 50%. it was cut by 40%. yes, i am taking the overall reduction in revenue from the Trump tax cuts from the worst case scenarios. feel free to supply best case numbers. whatever the number is... its not paid for. and the poorest did not get any advantage according to the CBO and JCT. it actually cost them. and again, i'm sorry that you don't know what i mean by "wealth gap". does "wealth distribution" work? see how the bottom 50% get NOTHING?
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well you're welcome to believe social issues are the most important to you. just like Russian peasants who live without indoor plumbing believe that their country is the best country in the world to live in because it is free of homosexuals and Ukrainian Nazi's. while Russian oligarchs show off the biggest yachts on the planet. but note how social issues identified by political ideologies are always changing as they are curated by political populist elite to drive emotions in parish. and yet... there is something in "conservative" and "liberal" ideologies that NEVER changes. that is who pays for the socialist component (roads, bridges, airports, sea ports, education, health care, first responders etc etc) of our mixed economy. "conservative" ideologies claim that personal responsibility is more important and thus everyone has an equal burden... thus a regressive taxation regime is most appropriate. "liberal" ideologies claim that wealth generators in the free enterprise component of our mixed economy need to be rewarded but that all of society and the socialist component are stakeholders in those endeavours and that wealth needs to fund infrastructure and the welfare state. DEI, gay people... who cares. they are minute populations.
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i'm sorry about the splitting of hairs around the word "half". i'm open to other sources for the amount of income removed from the federal budget if you have it. i was referring to that provided by the Joint Committee on Taxation that provided that it would add total deficits of $1.456T over ten years. Distributional Effects of Changes in Taxes and Spending Under the Conference Agreement for H.R. 1 i would suggest that whether federal spending increases or decreases entirely depends on the situation. when the GDP is at an all time high, the wealth gap between rich and poor is at an all time high and infrastructure spending is not keeping up with needs then democracy is actually in peril without policy to push profits down to workers and infrastructure concerns. sorry? what do you mean? wealth gap. the concentration of wealth into fewer and fewer hands. this distorts economic and political forces. think... Russia.
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i disagree. incumbent governments that were in charge of COVID recovery globally are in trouble politically. there have been some amazing COVID economic recoveries globally but that doesn't mean that there wasn't permanent change. like the prices of eggs and milk are up. and will stay up. even Trump now admits it. so Trump just rode that frustration with change that no one can do anything about. and its all about the money. all about the economy. the wealth gap between rich and poor is at an all time high in the US. "social issues" are all red herrings thrown by ideological priests to the parish.
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the highest corporate tax rate of 39% was cut to 21%. there is no way around the fact that it removed $10T from the US budget. and will again this time. if you can't pay for it then you are borrowing money. it the GOP were able to (they won't) be able to cut $5.6T and DOGE are able to cut $2T (they won't) then that still doesn't pay for the first Trump tax cut. so more Trump BORROWING.
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well its not my "side" because i'm not Canadian. its never too late for the urban poor who brought Trump to power to cry when they see their oligarch overlords flying over them in their private jets on their weekly jaunts to Italy to fetch well water to wash their hair. i'm not crying because my portfolio is heavy into US equity markets which i'm betting will do very well under Trump. i mean, unless he is truly an "emperor with no clothes" and fuks it up with his ridiculous tariff ideas. so far i'm making a killing.
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did taxed at source working stiffs get their tax rates cut in half?! no, they got thrown chicken bones... the US population continues to increase... so its obvious that spending year over year will increase. the question is always, who pays? the "conservative" MO is to always inhibit progressive tax regimes. the regime where the MORE you make the MORE as a percentage of your income you pay in taxes (income tax). they prefer regressive taxation where the LESS you make the MORE as a percentage of your income you pay in taxes (sales tax, head tax). the "liberal" MO is the opposite. so again, you have the most aggressive "conservative" critics only able to find $5.6T in cuts from the urban poor who will suffer the most and are responsible for their political success. and yet the Trump is putting the US economy $20T more under water.
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you're confused. you claim deductive reasoning that the following premises: - the LA fire department has pursued DEI initiatives to expand available work pool - severe fire damage during unprecedented fire conditions provides a proof that: - DEI initiatives in the LA fire department has caused severe fire damage but you supply no evidence that DEI initiatives affect fire fighting performance in any way. for all we know, fire fighting efforts may have improved. your hypothesis is unsupported. either way you blame the fire fighters for the damage when the city of LA doesn't even have enough water for these unprecedented conditions.
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is an "executive order" a study of outcomes of public policy? i'll answer for you. no. but you're always going to suffer from the stress of cognitive dissonance when you are attempting to rationalize a political ideology, ideologies being fabricated belief systems. its particularly ironic that people who are so politically ideological attempt to use T Schemas to rationalize fabricated belief systems. talk about an uphill battle! "an ideology is like a failed religion" - Jordan Peterson
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"clearly"? feel free to cite your studies. otherwise its just pontification. and actually its kind of disgusting to be honest. unprecedented fire conditions. severe drought, wind and heat. millions of people living in the steep Hollywood hills where the tops of all of these hills are covered in fire material. its a bomb ready to go off. a state that is under severe pressure to repress taxation because the millionaires who made their money from the largest economy in the US are able to just pick up and move to Texas. and you blame the fire department. all if this i can cite. let me know if you need it.
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and now the circus clowns begin their reign of economic terror! haaha! House GOP puts Medicaid, ACA, climate measures on chopping block the "felon in chief" and GOP's MO is to renew the Trump tax cuts that will add another $10T to the national debt. that $10T going directly into the pockets of the richest Americans. but that pesky debt ceiling! so they are going to attempt to rifle through seniors benefits, health care for the poor and infrastructure spending to find that money for the billionaire boys club! of course, you can't bleed a stone so they have only been able to identify $5.6T in cuts that even they can stomach. mind you, Trump is not a "fiscal conservative"... they never are. he has repeatedly suggested that the US get rid of the debt ceiling so that his ilk can just shovel cash into their own pockets. the "felon in chief" will claim that he inherited such a mess (the economy being stronger than its been in US history) that billionaires need more money. Greenland, Greenland, Greenland... look over here!
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Trump to abandon Ukraine
godzilla replied to godzilla's topic in Federal Politics in the United States
@Hodad clearly thinks you're an !diot then for pushing such corrupt concepts as Zionism. -
i believe he's also fiercely anti-globalist. this is all very traditional left wing stuff.
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Trump to abandon Ukraine
godzilla replied to godzilla's topic in Federal Politics in the United States
did you call Zelensky a Zionist? i agree that Zionism is a bad thing... not sure how Zelensky stands on the matter. @CdnFox and @Deluge are total Zionists. -
this is an old leftist mantra! you've been reading too much Noam Chomsky. Noam Chomsky on the Long History of US Meddling in Foreign Elections
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Trump to abandon Ukraine
godzilla replied to godzilla's topic in Federal Politics in the United States
oops... looks like the GOP (and maybe even Trump) are breaking on the Ukraine issue? americans poll in support of Ukraine so maybe they are going to abandon the issue. Trumps comments coming up will be telling. Johnson says he expects to take up Ukraine aid with Democratic votes