When do you raise taxes?

[Admiral Yi]

Why was the bubble that occurred in the 1990's also see increase in wages while the one in the Bush administration see a decrease in wages?

I give up.  Why was the bubble that occurred in the 1990's also see increase in wages while the one in the Bush administration see a decrease in wages?

[CountDeMoney]

Watch it, Raz! He's maneuvering!

[Habbaku]

Watch it, Raz! He's maneuvering!

I don't know, I'm having trouble parsing that gobbledegook too.

[Ed Anger]

Watch it, Raz! He's maneuvering!

CRAZY IVAN!

[Razgovory]

Why was the bubble that occurred in the 1990's also see increase in wages while the one in the Bush administration see a decrease in wages?

I give up.  Why was the bubble that occurred in the 1990's also see increase in wages while the one in the Bush administration see a decrease in wages?

Quitter.

[MadImmortalMan]

Why was the bubble that occurred in the 1990's also see increase in wages while the one in the Bush administration see a decrease in wages?

Exploding executive compensation skewing the averages up probably. Sarbanes-Oxley had a big effect later. (Post-2002)

[Admiral Yi]

Quitter.

Explain the rules to me and I'll see if I can keep on playing.

[Eddie Teach]

The only rule is there are no rules.

[Razgovory]

Why was the bubble that occurred in the 1990's also see increase in wages while the one in the Bush administration see a decrease in wages?

Exploding executive compensation skewing the averages up probably. Sarbanes-Oxley had a big effect later. (Post-2002)

Did executive compensation decline in the 2000's?  Wages went down about 1,000 bucks during this period.  During the 1990's it was a rising tide raises all boats thing.  In the 2000's it was not for some reason.

[MadImmortalMan]

Did executive compensation decline in the 2000's?  Wages went down about 1,000 bucks during this period.  During the 1990's it was a rising tide raises all boats thing.  In the 2000's it was not for some reason.

I have no idea. It's a complete guess. I suspect the income averages were boosted by the executive incomes in the dot com 90's and then less so in the 2000s, partly because of restrictions in SOX and the tech crash. That may or may not explain the difference.

[Ideologue]

Pretty much at any point in the entire history of America, I would raise taxes.

[viper37]

All this talk about fiscal responsibility and such makes me wonder.  When do you raise taxes?  Grover Norquist apparently said "never" last night on the Colbert Report.  I wonder if that is actually the conservative position.

Never say never...

What Valmy said in the first page.

Every new government program should be self financed, or be acompanied by a tax hike right away.

In Quebec, the government is in the habit of introducing a "free" or low cost program only to raise the fees a few years later.
Figure... we had drug insurance (medications).  When it was introduced, we were told it would be financed by the existing budget and savings from mass purchases by the government at reduced prices.  The idea was that with everyone having access to low cost drugs, people would less often go to the hospital, hence the savings.

So, anyway, it started at 50$ per yer + franchise (20%).  Now it's over 600$ a year and the franchise is nearly 50%.

Same goes with state sponsored kindergardens and parental leave.  The actuarists said from the beginning the program was underfounded.  Yet, the politicans told us we wouldn't see the change... reduce the unemployement insurance and introduce a new 'parental leave tax' for the difference.  Zero sum.  No brainer.  I didn't believe them.  I was right.  It now costs 1.5x as before and it's still underfounded.  And there have been no significant results (the average number of births has increased throughout Canada, and it has increased in Quebec, but we're still in the middle of the pack).

Where does that lead us?  An increasing debt because of silly social programs that never achieve their aims.  And people vote for this, because it's "free".

[MadImmortalMan]

I wouldn't tie it directly to spending like that. I would prefer to run surpluses in the good years so there's a war chest for the bad ones.

[Fate]

You raise them when Democrats plus moderate Republicans have 60 members in the Senate. Perhaps 4-5 cycles from now?

[garbon]

Fate still posts? Que?