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So we hit the debt limit...

Started by MadImmortalMan, May 17, 2011, 01:18:23 PM

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MadImmortalMan

I have a lot of faith in you guys' ability to handle a little hyperbole.  :P
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

sbr

Quote from: Berkut on July 22, 2011, 02:01:26 PM
Quote from: MadImmortalMan on July 22, 2011, 01:56:55 PM
Quote from: Berkut on July 22, 2011, 01:53:18 PM
Of course, the Dems have been saying that there is no need to raise taxes on anyone but the rich, and no need to cut anything as long as we raise the taxes on those damn rich people. There is plenty of money, as long as the rich pay their share!

There is not enough revenue in that. I don't know any mainstream Dems claiming it.

You don't read to many Dem blogs then. Plenty have been arguing that for some time, although now that actual numbers are coming they seem to be backing off the "there is plenty of money if only the rich paid their share!" bullshit. I imagine it depends on how you define "mainstream Dem" I suppose. Certainly there were plenty of the talking heads claiming that.

And yes, of course there isn't enough revenue there.

I'm 7 hours and 5 pages late but how many "mainstream Dems" write these blogs of which you speak?  I'm sure someone else has already mentioned this so:

Go Ducks!!

Razgovory

Who knows?  I went over to Pdox, because frankly there aren't enough people defending the Republican actions on Languish.  And mocking paradox Conservatives is easier.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

HisMajestyBOB

Three lovely Prada points for HoI2 help

Berkut

"If you think this has a happy ending, then you haven't been paying attention."

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Razgovory

Quote from: HisMajestyBOB on July 22, 2011, 09:31:18 PM
:bleeding:

What can I say, I like easy targets.  Yi and Berkut are probably smarter then I am.  I'm at a real disadvantage arguing with either of them.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

CountDeMoney

Quote from: The Minsky Moment on July 22, 2011, 04:15:37 PM
Quote from: crazy canuck on July 22, 2011, 04:13:01 PM
But that is true in other countries and yet I think the US is the only place where this sort of visceral reaction against ending tax cuts for the rich (thanks for the clarification JR) would occur.

I don't think it is that visceral; what is "special" about America is the degree to which tax increases in general are perceived to be politically unacceptable.

Oh, it's quite visceral.

I wonder if there's ever been a case where taxes--and taxes alone--have actually resulted in someone in those upper brackets dropping below the poverty level.
Now, I'm not talking about taxes not paid piled up and prosecuted for, as that would be tax evasion.  And tax evaders deserve getting it up the ass.

But I'd really like to know of any cases where couples who make $250K and singles who make $200K a year were ever forced into into becoming indigent during the Clinton years under the previous tax bracket, and how the expiration of the 01 and 03 tax cuts along with the AMT would put those same income brackets into mortal, impoverished, negro-living-standards peril.

Then, maybe I can accept the Republican argument against tax hikes.

Why so many penniless Dumbfuckistani rubes who don't make that sort of money keep defending those that do by voting in Republicans...well, as Oprah would say, that's for another show.

Berkut

Seedy, Dems like you would be a lot easier to stomach of you just liked high taxes in general.

But sadly, it isn't that you are in favor of higher taxes to support greater spending for (and on) everyone, you are in favor of high taxes mainly for the purpose of engaging in class warfare.

It is interesting that your standard for what would clearly be something worthy of concern when it comes to excessive taxes necessitates driving people into poverty. Short of that, any tax increase is a good tax increase, amirite?
"If you think this has a happy ending, then you haven't been paying attention."

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DGuller

First of all, it's not only Democrats that are engaged in "class warfare".  The fact that the very rich pay much less in taxes as percentage of income than upper middle class can be viewed as class warfare as well.  Well, not really warfare, rather the spoils of a war already won by one of the classes.

And there is also a practical consideration, even if it may sound a little Socialist.  Ever-increasing wealth concentration is a very bad thing for democracy.  It's an unstable situation.  Yes, you may view that argument as an all out class warfare statement, and that would be fair, but at the same time the concern for democracy is behind it.  Wealth gives you power in practice, and lopsided wealth distribution disenfranchises those on the wrong side of it.

Berkut

#640
Quote from: DGuller on July 23, 2011, 12:57:57 AM
First of all, it's not only Democrats that are engaged in "class warfare".  The fact that the very rich pay much less in taxes as percentage of income than upper middle class can be viewed as class warfare as well.  Well, not really warfare, rather the spoils of a war already won by one of the classes.

Ahhh, so now simply the act of making money absent ANY political action of any kind, is defined as "class warfare". Nice.

Quote

And there is also a practical consideration, even if it may sound a little Socialist.  Ever-increasing wealth concentration is a very bad thing for democracy.  It's an unstable situation.  Yes, you may view that argument as an all out class warfare statement, and that would be fair, but at the same time the concern for democracy is behind it.  Wealth gives you power in practice, and lopsided wealth distribution disenfranchises those on the wrong side of it.

I don't consider that argument class warfare at all, actually. There are perfectly legitimate and valid reasons to be concerned about wealth distribution.

But the idea that simply showing up for work in the morning is such a heinous act that it justifies the level of animosity shown by Seedy and the like, to include using the power of the state to harm you irrespective of its utility is rather disturbing. It's funny, because the radical right runs around bleating about how the Dems really want to make all the not poor into the poor, that they are truly Socialists bent on dragging everyone down to "equality" via making everyone equally poor.

Then Seedy makes the argument that as long as we can show that no tax increase has actually done that yet, why, then we haven't really raised taxes enough, and the damned Republicans should quit their bitching! Are the radical right bleaters actually correct about the motivations of the Dems?
"If you think this has a happy ending, then you haven't been paying attention."

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Martinus

#641
What do you mean "absent any political action"? Maintaining the status quo is one hell of a political action.

And what do you mean showing up for work? I think one of the most outlandish, amazing thing the America's rich have done (which proves more successful that Goebbel's propaganda) is convincing the America's middle class that they have similar lifestyles and ethics.

Berkut

Related question: DG, do you really think the solution to the widening wealth gap is simply to have the state sieze the wealth of the wealthy in an effort to redress it? Do you really think that would be a sane use of the power of the state? Do you really think the state could practically do something useful with that wealth that would actually solve the systemic problem that created the gap without demolishing the economy in the process?
"If you think this has a happy ending, then you haven't been paying attention."

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Berkut

Quote from: Martinus on July 23, 2011, 05:24:48 AM
What do you mean "absent any political action"? Maintaining the status quo is one hell of a political action.

But that isn't what DG said. He simply said that making more money in and of itself is class warfare. He didn't say anything about maintaining anything. Under his definition of class warfare, YOU are engaged in it despite your political desire to close the gap even at your own expense. Simply making more than others is his definition of class warfare justifying the not wealthy to take extreme ("warfare") action to redress that imbalance.

Quote

And what do you mean showing up for work?

I mean that DG has defined making more money than that not wealthy as class warfare in and of itself, and hence justifying a warfare response.

Quote
I think one of the most outlandish, amazing thing the America's rich have done (which proves more successful that Goebbel's propaganda) is convincing the America's middle class that they have similar lifestyles and ethics.

I don't think they've done that at all, actually. But I am not surprised you accept the nutbar lefts view of America even though you've never been here and have shown time and again you have incredibly screwed up views of what the country is like.
"If you think this has a happy ending, then you haven't been paying attention."

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grumbler

Quote from: Berkut on July 23, 2011, 05:20:05 AM
But the idea that simply showing up for work in the morning is such a heinous act that it justifies the level of animosity shown by Seedy and the like, to include using the power of the state to harm you irrespective of its utility is rather disturbing.
Is anyone arguing tat "simply showing up for work" is somehow "such a heinous act?"  I think your hyperbole got way out of control on that one.

I think, in fact, that you and DG are not far apart in your arguments; you seem to be disagreeing over trifles.
The future is all around us, waiting, in moments of transition, to be born in moments of revelation. No one knows the shape of that future or where it will take us. We know only that it is always born in pain.   -G'Kar

Bayraktar!