Sorry, Folks, Rich People Actually Don't 'Create The Jobs'

[Loco Vette]

Originally Posted by Joecooool

Because Obama doesn't have the constitutional authority to raise taxes.

He dosen't have the constitutional authority to selectively exempt his chosen few from "settled federal law" either. Your point?

[wicked_c6]

I feel pretty confident that 99.8% of the time this guy is going to have the mean to employ me...




Over this guy...



I'm just profilin' though.

[DJ_Critterus]

Originally Posted by Joecooool

The rate that Reagan lowered them to is significantly HIGHER than they are today. Funny how YOU ignore that.

Here's the thing. You still ignore the fact that lowering taxes helps, but instead push for higher taxes. Liberals will let no opportunity to levy a tax go to waste.

[Craig]

Originally Posted by Joecooool

?.. And that is EXACTLY who I blame for the sluggish economy.

What is it that Congress is doing/not doing that is slowing our economy?

[VITE1]

It's kind of hard to create jobs when it's better to live on Welfare in 30+ states than work at an entry level postion.

Secondly Income and wealth inequity went down from the heart of the Great depression to around 1965. Once we started paying people to drop out of the economy and become Dem voters the inequity rate rose. Along with Crime rate , single mother households and Drug usage.

[Loco Vette]

Funny, we just announced an expansion that will create 203 jobs in Knoxville. Guess I was imagining things.

[Bill]

Originally Posted by wicked_c6

Over this guy...



I'm just profilin' though.

That guy might be creating jobs selling meth. Pharmaceutical sales!

[Millenium Vette]

Originally Posted by Loco Vette

Funny, we just announced an expansion that will create 203 jobs in Knoxville. Guess I was imagining things.

You must be poor white trash then, since we all now know that the rich don't create jobs.

[lspencer534]

I think what we are supposed to learn from this thread is that poor people create jobs. Got it.

[Millenium Vette]

Originally Posted by Joecooool

Because Obama doesn't have the constitutional authority to raise taxes. That lies with Congress. And that is EXACTLY who I blame for the sluggish economy.

Originally Posted by Joecooool

So yea, that's a bunch of bullshit.

For the first six years of his presidency, it was 50 percent or more. And every year that Regan was in office, the bottom tax bracket was higher than the current ten percent.

And MOST IMPORTANTLY - long term capital gains taxes were raised under Reagan from 20% to 28%. Today its back to 20% having just been raised from 15%.

And in 1987 when the new income tax rates came into effect, he compensated by raising tax rates on corporations.

And finally, what all of you conservatives ALWAYS fail to remember is that the Reagan tax cuts helped TRIPPLED the national debt under his presidency.

So, Obama doesn't have the constitutional authority to raise taxes, yet Reagan did?

[DJ_Critterus]

Originally Posted by Millenium Vette

So, Obama doesn't have the constitutional authority to raise taxes, yet Reagan did?

Only when it's convenient to claim that, it seems.

[lspencer534]

Originally Posted by Joecooool

So yea, that's a bunch of bullshit.

For the first six years of his presidency, it was 50 percent or more. And every year that Regan was in office, the bottom tax bracket was higher than the current ten percent.

And MOST IMPORTANTLY - long term capital gains taxes were raised under Reagan from 20% to 28%. Today its back to 20% having just been raised from 15%.

And in 1987 when the new income tax rates came into effect, he compensated by raising tax rates on corporations.

And finally, what all of you conservatives ALWAYS fail to remember is that the Reagan tax cuts helped TRIPPLED the national debt under his presidency.

When Obama became president in January 2009, the total federal debt stood at $10.6 trillion. This week, it hit $16.7 trillion — an increase of 57 percent. In the same time frame under President George W. Bush, total federal debt rose 38 percent. The second largest contributor (behink FDR) to the debt dollar-wise is President Obama. He added $4.8 trillion, a 41% increase, in just one term.

And Obama still has another 3 years and the cost of Obamacare to contend with.

[mrvette]

Originally Posted by lspencer534

When Obama became president in January 2009, the total federal debt stood at $10.6 trillion. This week, it hit $16.7 trillion — an increase of 57 percent. In the same time frame under President George W. Bush, total federal debt rose 38 percent. The second largest contributor (behink FDR) to the debt dollar-wise is President Obama. He added $4.8 trillion, a 41% increase, in just one term.

And Obama still has another 3 years and the cost of Obamacare to contend with.

AFTER which, the nation must nationalize ALL the GOLD bullion within our shores, repudiate the debt, issue new currency backed by such gold.....and tell the bankers/world to go to hell.....

simple, really.....the common folks get some settlement on accounts, nearly equal to what they 'had'.....

cool.....EFF the bankers.....

[Jeff '79]

Originally Posted by Joecooool

So yea, that's a bunch of bullshit.

For the first six years of his presidency, it was 50 percent or more. And every year that Regan was in office, the bottom tax bracket was higher than the current ten percent.

And MOST IMPORTANTLY - long term capital gains taxes were raised under Reagan from 20% to 28%. Today its back to 20% having just been raised from 15%.

And in 1987 when the new income tax rates came into effect, he compensated by raising tax rates on corporations.

And finally, what all of you conservatives ALWAYS fail to remember is that the Reagan tax cuts helped TRIPPLED the national debt under his presidency.

Ya fkr's! Take that!
And don't forget... Big brother stepped up his game big time in the Reagan era, and got bigger in the Bush's eras. How did that help the US from the Al-Queda attack that crippled our economy, along with the housing bubble?
It didn't do shit!
They sure have us under a microscope though.
How's that working out for everyone?

[Millenium Vette]

Originally Posted by Jeff '79

Ya fkr's! Take that!
And don't forget... Big brother stepped up his game big time in the Reagan era, and got bigger in the Bush's eras. How did that help the US from the Al-Queda attack that crippled our economy, along with the housing bubble?
It didn't do shit!
They sure have us under a microscope though.
How's that working out for everyone?

Yep, Bush with that housing bubble.....

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown - YouTube

[Jeff '79]

Originally Posted by Millenium Vette

Yep, Bush with that housing bubble.....

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown - YouTube

Greenie was the man under his watch, so he owned it.

Post what you will.

[Chris Fowler]

Originally Posted by bill_daniels

Wait. The article posted actually states that the rich DO create jobs:



The article then goes on to say that a strong economy (having a strong middle class with money to spend) sustains those jobs created by the rich.



The article just DISPROVED the thread title.

If the article had related a story about how Joe Blow had cashed in his food stamp card to hire Suzie Smith and start a new business, then maybe we'd have something to talk about.

I really shouldn't be surprised...

But I still have a hard time believing when someone tries to argue that private business is bad and more government and higher taxes are good.

[Cybercowboy]

Originally Posted by Jeff '79

Ya fkr's! Take that!
And don't forget... Big brother stepped up his game big time in the Reagan era, and got bigger in the Bush's eras. How did that help the US from the Al-Queda attack that crippled our economy, along with the housing bubble?
It didn't do shit!
They sure have us under a microscope though.
How's that working out for everyone?

Wow, you are agreeing with that? It's all wrong. Almost every single word is wrong, and I suspect most of the punctuation is also.

You're such a NY democrat. You just don't want to admit it.

Anyway, taking tax rates down from a top rate of 70% to 28% is a helluva achievement. All with a democrat house and senate. But the top rate doesn't mean shit to what a normal person pays in taxes, and Reagan's tax cuts made a huge difference in that area, which was the whole point and is why he was so popular with regular people who didn't suck at the government tit.

[C5SilverBullet]

Originally Posted by Loco Vette

Funny, we just announced an expansion that will create 203 jobs in Knoxville. Guess I was imagining things.

Can I get some kind of no-show job with a fancy title and 6 figure salary?

[vetteman9368]

Originally Posted by C5SilverBullet

Can I get some kind of no-show job with a fancy title and 6 figure salary?

I'll show up and f'k off for high 5 figures