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  #7031  
Old 02-11-13, 15:52
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Now that's outta the way, lets look at the peace and prosperity that Sullivan says was wasted. What did Clinton do? Reduced spending as a percentage of GDP. He REDUCED SPENDING as a percentage of GDP. He GREW the economy and put a reasonable cap on SPENDING. I mean, that's CRAZY, RIGHT??

Just imagine if Obama would do that.
Just imagine if Obama had the luxury of not having to spend his entire presidency cleaning up the bloody mess left by the failed policies of his predecessor.

In any case, Clinton reduced spending when the economy was booming. He also raised taxes (and clearly that didn't destroy the economy, eh?) Reducing spending when the economy is in bad shape, on the other hand, is, yes, crazy. Even Bill understands that.

http://www.huffingtonpost.com/2013/0...n_2649220.html

Which is what Krugman et al. have been saying all along: spend when the economy is bad, cut when the economy is good, don't cut when the economy is bad unless you want to make it worse. Jobs and growth now, deficits and debt later. Basic economics.

I forgot about this:

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Think back to Mitt Romney's proposed budget. Medicare and Social Security were held harmless for at least 10 years. Defense spending got a lift. PBS and the National Endowment for the Arts were on the table, but they cost so little it hardly mattered.

The only big cuts Romney ever proposed were to programs that aid the poor. He wanted to block grant -- which is to say, sharply cut -- Medicaid, food stamps, and housing assistance. He wanted to get rid of the tax cuts enacted in the stimulus to help the poor -- that's why his tax plan actually raised taxes on the poorest Americans. He wanted to repeal all the spending in Obamacare, most of which goes to lower-income Americans....Nor was Romney a major outlier on this: About two-thirds of the cuts in Rep. Paul Ryan's budget came from programs for the poor.
Nothing to do with deficits, debt, or the economy - it's about gutting the social programs that the right hates. ****ing parasites. Like Paul Ryan said, it's really a "moral" issue.
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  #7032  
Old 02-11-13, 16:35
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Time for some humor, people. Yes, it is related to US politics, broadly.

http://www.youtube.com/watch?v=c40ts...layer_embedded

Bill Maher and the Donald's birth certificate, very ****ing funny imo.

This kind of captures the best and worst of America.
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  #7033  
Old 02-11-13, 18:03
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Thank God. I was reduced to posting in the Clinic *facepalm*.

So let me get this straight Scotty, what we appear to have here is an ongoing bipartisan failure to do anything at all, or are you implying criticism of Bubba for not following up on the 07 recommendations, while criticizing the current POTUS for trying to do something?

Confused of Amsterham
VA Tech shooting... mental illness is identified as a problem. 11 recommendations are made in 2007 to better identify and treat mental conditions. What happened? Nothing.

Fast forward to Newtown. Any chance mental illness issues will be addressed now? Nope. Just gun control.

Same as it ever was.
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  #7034  
Old 02-11-13, 18:09
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Time for some humor, people. Yes, it is related to US politics, broadly.

http://www.youtube.com/watch?v=c40ts...layer_embedded

Bill Maher and the Donald's birth certificate, very ****ing funny imo.

This kind of captures the best and worst of America.
hilarious
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  #7035  
Old 02-11-13, 18:36
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Just the beginning.

http://www.nationaljournal.com/magaz...fid=mostViewed

A bit overly focused on the big and sexy, Sandy-type events (the bulk of the accumulated cost of climate change is going to derive from the everyday, more "mundane" changes, like shifting agriculture and ocean acidification, etc) but a decent intro nonetheless.
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  #7036  
Old 02-11-13, 18:42
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Originally Posted by Scott SoCal View Post
VA Tech shooting... mental illness is identified as a problem. 11 recommendations are made in 2007 to better identify and treat mental conditions. What happened? Nothing.

Fast forward to Newtown. Any chance mental illness issues will be addressed now? Nope. Just gun control.

Same as it ever was.
Maybe because mental health experts agree that addressing mental health issues will do squat to reduce gun violence and what's really needed is gun control?

Don't get me wrong, I'm all for strengthening our mental health system but for entirely different reasons. It'll have next to no impact on gun violence.
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  #7037  
Old 02-11-13, 19:09
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It comes as we may be approaching the end of a five year period in which investing in the nation’s physical infrastructure has been something close to a free lunch. With interest rates near all-time lows and millions of construction workers unemployed, the last few years have been a time that it would have been a historical bargain for the United States to do upgrades to roads, bridges, and airports that will eventually need to take place anyway.

...In other words, for the last few years private construction activity has been far below its historic norms. And so long as the private sector isn’t building houses and office buildings and factories, the government can build without crowding out private investment. But that window might not last much longer; at the current pace, private investment will be back to its historical average in another few years. It’s not now or never, exactly, but it very likely will be cheaper now to spruce up the nation’s transportation and energy infrastructure than it will be in the not-too-distant future.
http://www.washingtonpost.com/blogs/...nfrastructure/

Create jobs, boost the sagging construction industry, and make essential improvements to basic infrastructure at the same time. Also a perfect opportunity to get it right:

http://www.slate.com/blogs/future_te...e_reality.html

Who could be against that? Oh right.

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Over the last few years, though, those facts have crashed headlong into a widespread view in the Republican caucus that any federal spending is wasteful. “Anything that is akin to the stimulus bill is not going to be acceptable to the American people,” House Majority Leader Eric Cantor said in September 2011, after Obama proposed a series of job-creation measures centered around new infrastructure.
High-speed rail, roads, bridges, more efficient power grids, why in the world would we waste money on that when we could be giving Mitt Romney a tax break instead?

Last edited by VeloCity; 02-11-13 at 19:28.
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  #7038  
Old 02-11-13, 19:27
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Roads, bridges, power grids, why in the world would we waste money on that when we could be giving Mitt Romney a tax break instead.
Clearly you don't understand the free enterprise system. If we let Mr. Romney keep his hard invested gains then he will create the jobs by hiring a crew to build a new driveway and pool (well he's Mormon, so probably a new trampoline) or even a whole new house. Thereby creating those same jobs without the Government being able to screw it up.
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  #7039  
Old 02-11-13, 19:52
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Glenn_Wilson Glenn_Wilson is offline
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Originally Posted by Amsterhammer View Post
Time for some humor, people. Yes, it is related to US politics, broadly.

http://www.youtube.com/watch?v=c40ts...layer_embedded

Bill Maher and the Donald's birth certificate, very ****ing funny imo.

This kind of captures the best and worst of America.
Very good. I'm not a Maher fan but this is very well played.
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  #7040  
Old 02-11-13, 19:56
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http://www.washingtonpost.com/blogs/...nfrastructure/

Create jobs, boost the sagging construction industry, and make essential improvements to basic infrastructure at the same time - who could be against that?

Oh right.

Roads, bridges, power grids, why in the world would we waste money on that when we could be giving Mitt Romney a tax break instead.
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It comes as we may be approaching the end of a five year period in which investing in the nation’s physical infrastructure has been something close to a free lunch
Hmmm. Begs the question of what the federal responsibility is for state infrastructure. But, that is an entirely different discussion.

$0.01 per gallon federal gas tax equals around one $1.75 billion in annual revenue. Currently, gasoline is at $0.184 per gallon. That's not counting what individual states tax per gallon. In Cali, the gasoline tax is $0.36 plus $0.02 for underground storage plus sales tax on the entire amount.

So, in California, the per gallon gasoline tax (all in, assuming a pump price of $4 per gallon) is about $0.03 sales tax (on company gross profit of $0.20 per gallon... subtracted from this gross number is distribution costs and marketing/advertising), $0.36 CA fuel tax, $0.02 CA storage tax, $0.184 Federal gasoline tax. That's about $0.60 per gallon. About 2.1 - 2.3 million gallons a week consumed in the Golden State.

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...In other words, for the last few years private construction activity has been far below its historic norms. And so long as the private sector isn’t building houses and office buildings and factories, the government can build without crowding out private investment.
Brilliant analysis. Let's take money out of the economy (tax) and reinvest it in where there is no demand (houses and office buildings). When people get back to work in the private economy demand will be generated, private equity will be invested in homes and office buildings, people will buy the with at risk capital and taxes will be generated. See how this is supposed to work?

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Create jobs, boost the sagging construction industry, and make essential improvements to basic infrastructure at the same time - who could be against that?
Hmmm. Create jobs that will be short lived (with borrowed and/or taxed redistributed monies) because the basis for the job creation was false. Not DEMAND, but re-distribution.

Why not build a factory, hire a bunch of people and make buggy whips? Pay them all $100k a year. Just think all the income tax revenue you'll generate
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