Reaganomics


  1. keale18

    keale18 Well-Known Member

    [​IMG]

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    multanii likes this.
  2. OutofDate1980

    OutofDate1980 Well-Known Member

    Urolagnia is not my cup of tea, but what John Boehner does with consenting adults in privacy is not my concern. I must say Mr. Boehner must have an extensive estate. :rolleyes:
  3. Martimus

    Martimus One bite at a time... Moderator

    Personally I think this one says it all...

    [​IMG]

    In hindsight it seems to be the other side of the coin... ;)
    Frisco likes this.
  4. OutofDate1980

    OutofDate1980 Well-Known Member

    At least Obama has indoor plumbing. :p
  5. LoyalServant

    LoyalServant Well-Known Member

    Having grown up during reaganomics.... I saw things get worse, not better.

    It's been established that giving rich people more money does not mean they will spend it.
    What did happen was the opposite... they got more money and they saved it because they knew the next administration would take some of it back.
  6. jancat

    jancat Well-Known Member

    Giving money to the poor ... does that encourage them to work more? Seems like giving money to anyone is a failure. Just give it to me!
    Snow_Fox likes this.
  7. OutofDate1980

    OutofDate1980 Well-Known Member

    No problem, if your name is Goldman Sachs, or JP Morgan, etc. :D
  8. Snow_Fox

    Snow_Fox Well-Known Member

    Well when you objectively look at the situation..

    Giving money to anyone is really "unfair" as a whole. Your rewarding failure.

    With that said, I do understand some people are in bad situations and either made mistakes.. or they just never had the opportunity that other people had.

    I am not against helping out people who want to do better in life. I am against helping people who only want a free hand out.. and it isn't always so easy to tell the two apart..

    The problem with all of these ideologies is that they take from tax payers who are earning money.. and they are giving the money to either

    A. companies that are failing.. Which screws up our whole economy because businesses are rewarded for failing.

    B. People who may or may not be trying to do something with their lives.

    Also.. I believe we need to do something about our college system.. What other business is drilled into your head from age 5 in kindergarden?

    I believe college is a great thing.. I've learned a lot from it.. Hell more than you can put down on a piece of paper that I may not get (degree.)

    A lot of the degrees however, are out right pointless.. Sure it is nice to have the paper so a company can hire you.. but, you don't walk out any better because of it..

    EX: general studies degrees..
    Or my favorite.. "business management"..
  9. ElasticNinja

    ElasticNinja Well-Known Member

    I always think that its far better provide people with free or cheap services rather then handouts of money. Healthcare, childcare, education etcetera.
    Mind you I was never for foodstamps, seem kind of demeaning, but thats just me.
  10. OutofDate1980

    OutofDate1980 Well-Known Member

    Reward the second best, ignore the best

    "New research published in Proceedings of the National Academy of Sciences suggests reasons why the richest should pay more tax; why rewarding the top performers leads to recurrent crises and scandals; and why we should resist the temptation to learn from and imitate the most successful."
  11. saptech

    saptech Well-Known Member

    Beginning over 30 years ago, Big Business and the Right Wing decided to go for it, to see if they could actually destroy the middle class so that they could become richer themselves.

    Reagan had been backed by Wall Street in his run for the White House and they, along with right-wing Christians, wanted to restructure America and turn back the tide that President Franklin D. Roosevelt started, a tide that was intended to make life better for the average working person. The rich hated paying better wages and providing benefits. They hated paying taxes even more. And they despised unions. The right-wing Christians hated anything that sounded like socialism or holding out a helping hand to minorities or women.

    The days of everyone having a comfortable middle class life were over. America, from now on, would be run this way: The super-rich will make more, much much more, and the rest of you will scramble for the crumbs that are left.

    * Everyone must work! Mom, Dad, the teenagers in the house! Dad, you work a second job! Kids, here's your latch-key! Your parents might be home in time to put you to bed.
    * 50 million of you must go without health insurance! And health insurance companies: you go ahead and decide who you want to help or not.
    * Unions are evil! You will not belong to a union! You do not need an advocate! Shut up and get back to work! No, you can't leave now, we're not done. Your kids can make their own dinner.
    * You want to go to college? No problem, just sign here and be in hock to a bank for the next 20 years!
    * What's "a raise"? Get back to work and shut up!
  12. OutofDate1980

    OutofDate1980 Well-Known Member

    Can't have the serfs attempting to counter crony capitalism. ​

    Paul Abrams: Romney to Bain: Bail Me Out and Lie About It

    Bain & Company established a subsidiary called Bain Capital that was seeded with millions of dollars

    But, Romney was afraid, (yes, afraid!) he might fail, so he got Bain & Company to agree in advance to take him back if he failed, and with all the salary increases he might have received had he remained at the parent company.

    That is, Romney took no risks, he could not lose, and he would not take the job unless Bain agreed to his terms

    When Romney says he knows how the system works, I guess he means TARP, bailing out his buddies just as he was guaranteed a bail out.

    But, that is not all. Romney was concerned that, if he failed, it would damage his reputation. (One is tempted to ask, "what reputation?", but that is another story). So, Bain agreed that if Romney failed at Bain Capital, it would announce that Romney was returning to the parent because the parent company "needed him."

    This is the man who wrote "Let Detroit Go Bankrupt."

    But, when it comes to himself -- no risk, no consequences for failure, all reward, happy to have prearranged a lie to preserve his "reputation."

    Is this Romney's model of capitalism?

    Romney is now running for President. We are entitled to know: Does Romney think everyone should have guaranteed "no-cut" contracts with their employers?

    Or just himself?
  13. OutofDate1980

    OutofDate1980 Well-Known Member

    The turtle vs the hare ?

    Canada v the US: we're richer, but it's an empty kind of victory | Douglas Haddow | Comment is free | guardian.co.uk

    "Just in time for the 200th anniversary of the war of 1812, Canada is now, for the first time in history, wealthier than the United States. Over the last five years, the average Canadian's net worth has gradually overtaken that of the average American's, to the tune of an extra $40,000 dollars per household."

    "Regardless of the reason, Canadians truly believe that our social democracy-lite is fundamentally better than the man-bites-dog-Superpac-devours-man market democracy of the US.

    And now, it seems it's also more profitable. It wasn't too long ago that Canada was being routinely denounced by US politicos as "Soviet Canuckistan", and held up as a frightful example of what the US would look like if liberalism were allowed to run amok. We haven't heard much of that since 2008. The triumph of the Canadian system over America's spelled out in the cold truth of dollar signs picks up where the war of 1812 left off. After 200 years of graceful acrimony, the Canadian standard has at last proven to be the superior of the two systems."
  14. ElasticNinja

    ElasticNinja Well-Known Member

    Canada's veered to the right of late, their environmental policy is shameful and they are heavily lobbying authorities over here. I really doubt you could describe it as very social-democratic, but sure what harm.
    Canada has the advantage of high resource prices and a strong currency too, so its not surprising. But whatever about net worth, far more importantly, the Canadians have had a better standard of living even while they were "poorer", because their economy is fairer and better managed.
  15. OutofDate1980

    OutofDate1980 Well-Known Member

    You mean Canada is not paradise.:bawling: It does appear it has a less corrupt government, so maybe different views will be considered concerning the externalities of the extraction industry.
  16. RazorSharp

    RazorSharp Well-Known Member

  17. OutofDate1980

    OutofDate1980 Well-Known Member

    It's interesting Reagan ran with the slogan, "Government is not the solution, but the problem." Our government, in theory, is a government of "We the People", so Reagan sold us that "We" are the problem. The plutocrats then took over, which led to our current state.
  18. cjr72

    cjr72 Well-Known Member

  19. OutofDate1980

    OutofDate1980 Well-Known Member

  20. cjr72

    cjr72 Well-Known Member

    Deregulation didn't start in the Reagan era. Besides, the deregulation most cited for leading up to the 2008 banking crisis was the Gramm
  21. OutofDate1980

    OutofDate1980 Well-Known Member

  22. cjr72

    cjr72 Well-Known Member

    Fair enough, but it also undermines the notion of deregulation "starting in the Reagan era."
  23. cjr72

    cjr72 Well-Known Member

    The Screwed Election: Wall Street Can’t Lose, and America Can’t Win - Everyone hates the big banks—except the two candidates running for president.

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