expired Posted by phoinix | Staff • Aug 10, 2024
Aug 10, 2024 2:39 PM
Item 1 of 2
Item 1 of 2
expired Posted by phoinix | Staff • Aug 10, 2024
Aug 10, 2024 2:39 PM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty (eBook)
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Don't fall for the grift again.
"Blinder and Watson reported that budget deficits tended to be smaller under Democrats, at 2.1% potential GDP versus 2.8% potential GDP for Republicans, a difference of about 0.7 of a percentage point. They wrote that higher budget deficits should theoretically have boosted the economy more for Republicans, and therefore cannot explain the greater GDP growth under Democrats.
Since 1981, federal budget deficits have increased under Republican presidents Reagan, both Bushes and Trump, while deficits have declined under Democratic presidents Clinton and Obama. The economy ran surpluses during Clinton's last four fiscal years, the first surpluses since 1969. The deficit was projected to decline sharply in Joe Biden's first fiscal year"
https://en.wikipedia.or
https://presidentialdat
Google for yourself. Plenty of research available in this area, including Republican administrations being in office for 10 out of the last 10 recessions.
Yes, the government needs to cut spending in many areas. You just may have the parties reversed. The party that wants "smaller government" wants to cut any regulations that cost corporations money to keep getting themselves rich. Thats the difference. Its not for the benefit of the country, or cutting the deficit. Its for growing the wealth of the 1% and keeping them in power.
What is it about Jeff Bezos and Elon Musk that expecting them to pay a fair amount of tax immediately evokes the 'Marxism' bit? Why are you willing to kill the middle class to save these guys a few bucks they won't even miss?
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What is it about Jeff Bezos and Elon Musk that expecting them to pay a fair amount of tax immediately evokes the 'Marxism' bit? Why are you willing to kill the middle class to save these guys a few bucks they won't even miss?
What is it about Jeff Bezos and Elon Musk that expecting them to pay a fair amount of tax immediately evokes the 'Marxism' bit? Why are you willing to kill the middle class to save these guys a few bucks they won't even miss?
What is it about Jeff Bezos and Elon Musk that expecting them to pay a fair amount of tax immediately evokes the 'Marxism' bit? Why are you willing to kill the middle class to save these guys a few bucks they won't even miss?
Anything in excess is a mess.
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The problem is that the working/middle class are not sharing fairly in the profits from companies these days. The wealth is being consolidated to company executives and investors. All those billions in profits go back to them in various forms, including stock buybacks to prop up stock prices.
The workers should be able to have a portion of those profits, but then that would destroy the stock prices for the rich.
It has nothing to do with "Bernie" Its reality.
Here is a nice graph. Unfortunately it only goes to 2020, and it has gotten exponentially worse since then.
https://www.pewresearch
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