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Forums - Politics - Is there anything tax cuts CAN'T fix?

vlad321 said:
Viper1 said:

My friend, America hasn't had actual Capitalism in decades.  We've had Corporatism.  Captialism didn't fail us, we failed Capitalism.

Here is the kicker. You can't have Capitalism either without people's words being ironclad and a strict code oh honer (lawl, what a nice world it would be if it jsut worked like that), or what is more feasible would be to have government regulation to ensure no bullshit occurs. But then you have regulation which is not part of Capitalism, and the entire concept itself is almost a paradox. The more I think about it the more I realize actual Capitalism is even more of a fairy tales than Socialism.

But you can't say it was Capitalism that caused our problems when it was Corporatism that you are actually thinking of.

Whether you think true Capitalism is even possible (a philosophical debate on some levels) is irrelevant when that's not what the problem was.



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Viper1 said:
vlad321 said:
Viper1 said:

My friend, America hasn't had actual Capitalism in decades.  We've had Corporatism.  Captialism didn't fail us, we failed Capitalism.

Here is the kicker. You can't have Capitalism either without people's words being ironclad and a strict code oh honer (lawl, what a nice world it would be if it jsut worked like that), or what is more feasible would be to have government regulation to ensure no bullshit occurs. But then you have regulation which is not part of Capitalism, and the entire concept itself is almost a paradox. The more I think about it the more I realize actual Capitalism is even more of a fairy tales than Socialism.

But you can't say it was Capitalism that caused our problems when it was Corporatism that you are actually thinking of.

Whether you think true Capitalism is even possible (a philosophical debate on some levels) is irrelevant when that's not what the problem was.

Agreed, I am sorry. Just like it wasn't socialism that killed off the soviet union but Communism.



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vlad321 said:
Viper1 said:

But you can't say it was Capitalism that caused our problems when it was Corporatism that you are actually thinking of.

Whether you think true Capitalism is even possible (a philosophical debate on some levels) is irrelevant when that's not what the problem was.

Agreed, I am sorry. Just like it wasn't socialism that killed off the soviet union but Communism.

Indeed.  Mixed with some poor foreign and economic policy.



The rEVOLution is not being televised

Vetteman94 said:

Social Security only Taxes the first $90,000 $106,000, so not all money earned is taxed for Social Security.  And the Total tax rate is 10.4%, 6.2 for the employer, 4.2 for the employee

And I refuse to believe that comparitive Health Insurance for people that need Medicare is $4900, my grandfathers supplemental insurance is $8K a year,  full coverage for him would Total close $30K.  For the average healthy person in their 30s or 40s, yes $4900 is probably plenty, but most people at Medicare age arent. 

Minor corrections

Medicaid which caters to an entirely different demographic is also $7,900 per recipient. The service varies from $5,000 - $8,000 per state depending on benefits, and is still higher than private insurance.

Feel free to look up the data. Every government health care system in the US is more expensive than private insurance - Medicare, Medicaid, and of course, the champion, the Veterans Administration (about $8,500 per person).



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Rath said:

If you actually look on that site at the Netherlands individual rankings you will see that they get marked down heavily for 'Government Spending', they also have approximately ~40% of GDP as tax revenue. They also tax and spend like Denmark, Norway, Finland etc. Also not all of Europe is volatile - Denmark, Sweden, Finland and Norway are all solid as rocks.

Also I find it somewhat odd that you (and Happy) assume the failures in the US system are entirely due to errors in the fundamental ideas, but the successes with the same sorts of systems in European countries have absolutely nothing to do with the fundamental ideas and are entirely circumstantial.

@Happy. You see I disagree with the entire 'negative consequences typically associated with these programs' part. That is essentially only looking at the USA, where the programs haven't been a grand success, and ignoring the many countries in the world that have implemented social programs succesfully.

If you read what I stated, the said European nations ranked high for labor freedoms.....Which was my point.

When it comes to the fundemental issues of a nation like America which has less social welfare than a comparable nation in Europe, the reason that Happy and I argue its circumstanial is that there are significant difference between Americans and Europeans. The European model of care is the only one that has had success implementing massive safety nets that have ever survived - even then, the stated nations rely heavily on a few factors that America doesn't have.

My argument is that socialist successes seem to be generally correlated with the size of a nation - and I can understand you vouching for such systems when you live in a very small nation. But as you can see with the American model, its a harbinger of what will likely happen to the EU if they merge. Even then, we're seeing what is happening with nations like Greece, which have the potential to significantly screw up the system.



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vlad321 said:

You know, a free market has YET to be proven to work in the benefit of society as well, in more ways than just economically. Capitalism failed miserably over in the 80s (funny, around the time communism also started to fail, correlation?) , and lo' and behold, increasing the debt by 3 trillion got it out. This was under Reagan by the way, the greatest de-regualtor and all saved the US major downfall by spending huge amounts of money. After all, there is zero difference between building nukes and roads when it comes to the actual flow of money.

Furthermore I can write you a nice long paper about what a failure Americanism is. It is is as much failed Capitalism as Communism is failed Socialism. I very rarely see the best for cheapest prevail. I see the company that gets the best advertisements and spends the most money on psycholigist research prevail, even if their product is worse and costlier. As another example of business fuck ups, the nuclear reactor problem in Japan happened because of deregulation and bad business.

Basically, I agree that government is a piece of shit, however businesses are far lower than shit and that impresses me.

Hilarious.

So 'Americanism' has failed, eh? Despite being the 3rd largest nation in the world and maintaining a median income that is higher by significant multiples of any nearby nation, we have failed? Really?

If you want to believe that, then I really don't see how I can respond to you. If you feel so strongly about America's failures, then I suggest you move far and away from here.

I will pitch in and agree with Viper1 - America isn't a capitalist paradise. We are increasingly corporatist/socialist. Our tax codes and regulatory structure are consistently getting larger, not smaller - despite the supposed tax cuts. Ironically, we had far less rules, regulations and the like years ago when America was supposedly in its golden age. Coincedence?



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mrstickball said:
vlad321 said:

You know, a free market has YET to be proven to work in the benefit of society as well, in more ways than just economically. Capitalism failed miserably over in the 80s (funny, around the time communism also started to fail, correlation?) , and lo' and behold, increasing the debt by 3 trillion got it out. This was under Reagan by the way, the greatest de-regualtor and all saved the US major downfall by spending huge amounts of money. After all, there is zero difference between building nukes and roads when it comes to the actual flow of money.

Furthermore I can write you a nice long paper about what a failure Americanism is. It is is as much failed Capitalism as Communism is failed Socialism. I very rarely see the best for cheapest prevail. I see the company that gets the best advertisements and spends the most money on psycholigist research prevail, even if their product is worse and costlier. As another example of business fuck ups, the nuclear reactor problem in Japan happened because of deregulation and bad business.

Basically, I agree that government is a piece of shit, however businesses are far lower than shit and that impresses me.

Hilarious.

So 'Americanism' has failed, eh? Despite being the 3rd largest nation in the world and maintaining a median income that is higher by significant multiples of any nearby nation, we have failed? Really?

If you want to believe that, then I really don't see how I can respond to you. If you feel so strongly about America's failures, then I suggest you move far and away from here.

I will pitch in and agree with Viper1 - America isn't a capitalist paradise. We are increasingly corporatist/socialist. Our tax codes and regulatory structure are consistently getting larger, not smaller - despite the supposed tax cuts. Ironically, we had far less rules, regulations and the like years ago when America was supposedly in its golden age. Coincedence?

did the US invade us again when i wasnt looking and now declare us as a territory or something?



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Rath said:

@Happy. You see I disagree with the entire 'negative consequences typically associated with these programs' part. That is essentially only looking at the USA, where the programs haven't been a grand success, and ignoring the many countries in the world that have implemented social programs succesfully.


Whether you want to believe it or not, most forms of social spending have negative consequences associated with them ...

Spending acts as an incentive and taxing acts as a disincentive for particular behaviours, because of how social spending operates it tends to create incentives for the negative behaviours they're trying to treat the symptoms of while creating disincentives for positive behaviours they would like to see emerge. This is not only in reference to social behaviours as it also has massive impacts on the economy.

To demonstrate what I mean, in most jobs the total income and benefits received for a particular position that requires similar education and experience varies quite a bit from company to company; and if you plot all incomes for this position requiring similar education and experience it would demostrate a normal distribution with a large standard deviation. The reason for this is simple, some companies try to keep costs as low as possible while other companies try to pay better believing that increased productivity and quality can compensate for higher labour costs. When you introduce subsidies to help low income earners (like food stamps or rent subsidies) you reduce the benefit of paying employees more while reducing the penalty of paying employees less, and create a financial incentive to pay employees less while creating a financial  disincentive to paying employees more because the net taxation on a company that has employees receiving subsidies is negative while the net taxation on a company that has employees above the cut off for subsidies is positive.

 



mrstickball said:
vlad321 said:

You know, a free market has YET to be proven to work in the benefit of society as well, in more ways than just economically. Capitalism failed miserably over in the 80s (funny, around the time communism also started to fail, correlation?) , and lo' and behold, increasing the debt by 3 trillion got it out. This was under Reagan by the way, the greatest de-regualtor and all saved the US major downfall by spending huge amounts of money. After all, there is zero difference between building nukes and roads when it comes to the actual flow of money.

Furthermore I can write you a nice long paper about what a failure Americanism is. It is is as much failed Capitalism as Communism is failed Socialism. I very rarely see the best for cheapest prevail. I see the company that gets the best advertisements and spends the most money on psycholigist research prevail, even if their product is worse and costlier. As another example of business fuck ups, the nuclear reactor problem in Japan happened because of deregulation and bad business.

Basically, I agree that government is a piece of shit, however businesses are far lower than shit and that impresses me.

Hilarious.

So 'Americanism' has failed, eh? Despite being the 3rd largest nation in the world and maintaining a median income that is higher by significant multiples of any nearby nation, we have failed? Really?

If you want to believe that, then I really don't see how I can respond to you. If you feel so strongly about America's failures, then I suggest you move far and away from here.

I will pitch in and agree with Viper1 - America isn't a capitalist paradise. We are increasingly corporatist/socialist. Our tax codes and regulatory structure are consistently getting larger, not smaller - despite the supposed tax cuts. Ironically, we had far less rules, regulations and the like years ago when America was supposedly in its golden age. Coincedence?

What is hilarious is that you seem to think that US's dominance is because of Capitalism. Luckily, I however do know how to respond to you if you actually believe that to dispel any illusions you might have.

During WWII every major industry was destroyed except for the US. Literally, everyone else was bombed out and destroyed and the US was left untouched. Obviously that is great for business if you are the only supplier in the world. This is what led to what you jsut called "its golden age." Remeber how factory workers in car companies could have amazing quality of life? That's because they were the ONLY workers inthe world for several decades while the rest of the world competed. Notice how everything started going downhill super fast when the other countries got their shit together? Then around the 80s is when the broken philosophy of the US caught up with it and you had staglflation. How did the US get out of that? $13 trillion to date (started with nearly 3 trillion under Reagan). If you give most nations $13 trillion, they too would be on top.

Basically the US succeeded DESPITE Capitalism, not BECAUSE of it. They succeeded out of sheer dumb luck of having an ocean between them and the Nazis. Now that its luck has run out, it is only running on empty fumes and debt.

Edit: This should have been implicit when I mentoined WWII but I jsut want to make sure you realize that there was a huge talent drain DURING WWII, again to sheer dumb luck.



Tag(thx fkusumot) - "Yet again I completely fail to see your point..."

HD vs Wii, PC vs HD: http://www.vgchartz.com/forum/thread.php?id=93374

Why Regenerating Health is a crap game mechanic: http://gamrconnect.vgchartz.com/post.php?id=3986420

gamrReview's broken review scores: http://gamrconnect.vgchartz.com/post.php?id=4170835

 

MrBubbles said:
mrstickball said:
vlad321 said:

You know, a free market has YET to be proven to work in the benefit of society as well, in more ways than just economically. Capitalism failed miserably over in the 80s (funny, around the time communism also started to fail, correlation?) , and lo' and behold, increasing the debt by 3 trillion got it out. This was under Reagan by the way, the greatest de-regualtor and all saved the US major downfall by spending huge amounts of money. After all, there is zero difference between building nukes and roads when it comes to the actual flow of money.

Furthermore I can write you a nice long paper about what a failure Americanism is. It is is as much failed Capitalism as Communism is failed Socialism. I very rarely see the best for cheapest prevail. I see the company that gets the best advertisements and spends the most money on psycholigist research prevail, even if their product is worse and costlier. As another example of business fuck ups, the nuclear reactor problem in Japan happened because of deregulation and bad business.

Basically, I agree that government is a piece of shit, however businesses are far lower than shit and that impresses me.

Hilarious.

So 'Americanism' has failed, eh? Despite being the 3rd largest nation in the world and maintaining a median income that is higher by significant multiples of any nearby nation, we have failed? Really?

If you want to believe that, then I really don't see how I can respond to you. If you feel so strongly about America's failures, then I suggest you move far and away from here.

I will pitch in and agree with Viper1 - America isn't a capitalist paradise. We are increasingly corporatist/socialist. Our tax codes and regulatory structure are consistently getting larger, not smaller - despite the supposed tax cuts. Ironically, we had far less rules, regulations and the like years ago when America was supposedly in its golden age. Coincedence?

did the US invade us again when i wasnt looking and now declare us as a territory or something?

I am referring to our relative size vs. GDP. For example, only Japan has over 100 million people and a median income over $20,000 USD. The rest are between $500 and $13,000.



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