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Read the rules in the OP before posting, please.In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up! NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious. Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action. |
If the revolution rolls on much longer, Bernie Sanders will no longer need to finish his speeches at all. He may simply be able to rely on the audience to supply the punchlines.
“Who is the biggest welfare recipient in America?” he asked a rally in Rindge on Saturday. “Walmart,” they booed in unison, eagerly anticipating his now familiar critique of the retailer’s low pay.
“What happened to the banks?” he mused in Manchester two days later. “They stole the country, the assholes,” shouted a voice from the crowd, with only minor embellishment of the intended homily on Wall Street greed.
Though the content has changed little since he first challenged Hillary Clinton for the Democratic party nomination in May last year, what began as a set of lectures full of rhetorical questions have evolved into call-and-response pantomime.
But despite the angry message at these trademark rallies, young crowds and an anarchic music soundtrack have brought a carnival atmosphere to the campaign trail unlike that of any other candidate in 2016.
The theatrics appear to be working. More than 50,000 people came to see Sanders in Iowa in the months leading up to his narrow defeat there to a once unassailable-looking Clinton.
Some 40,000 people have now been to see the stage show in New Hampshire too, where voters are notorious for making up their minds at the last minute but go into Tuesday’s primary favouring him by a double-digit margin in the polls.
Source
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On February 10 2016 00:06 DickMcFanny wrote:
That's not satire, ever heard of the New Deal? Sanders' proposal would have much the same effect, just without the benefit of being alone on the international market.
So...13 years and one major war later we get positive results?
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Sure, as opposed to business as usual where we increasingly awful results until the collapse of the financial system or total nuclear annihilation.
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On February 10 2016 02:12 cLutZ wrote:Show nested quote +On February 10 2016 00:06 DickMcFanny wrote:
That's not satire, ever heard of the New Deal? Sanders' proposal would have much the same effect, just without the benefit of being alone on the international market. So...13 years and one major war later we get positive results?
Social security and the minimum wage are pretty cool, tbh. And the trend of wealth distribution in the US needs to be addressed or it will address itself in an unpredictable and volitional manner. Ignoring the problem isn't going to make it go away, but it will fix itself. We just might not like how that takes place.
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Cayman Islands24199 Posts
looking at the current situation the incoming resentment may fuel more trumps as well as more sanders. it's a volatile time
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President Barack Obama sent Congress on Tuesday his eighth and final budget, proposing to spend a record $4.1tn on a number of initiatives. They include launching a new measures against cancer, combating climate change and fighting growing threats from the Islamic State.
The new spending plan, for the budget year that begins 1 October – just 3½ months before he leaves office – is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress.
In all, Obama’s budget would increase taxes by $2.6tn over the coming decade, nearly double the $1.4tn in new taxes Obama sought and failed to achieve in last year’s budget.
GOP lawmakers said Obama’s proposal to impose a $10 per barrel tax on crude oil to bring in an additional $319bn over the next decade had no chance of winning approval in Congress. Obama’s budget would use that extra money to fund billions of dollars in alternative transportation programs as part of the president’s efforts to deal with climate change.
“President Obama will leave office having never proposed a budget that balances – ever. This isn’t even a budget so much as it is a progressive manual for growing the federal government at the expense of hardworking Americans,” said House Speaker Paul Ryan. “The president’s oil tax alone would raise the average cost of gasoline by 24 cents per gallon, while hurting jobs and a major sector of our economy. Americans deserve better.”
Ryan pledged that House Republicans would produce a budget that does reach balance in coming weeks.
Source
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The biggest holdback for the economies of the developed world at the moment is that they're demand starved and 3% median wage growth over the next ten years seems definitely possible given how strongly Sanders wants to raise wages, the 15 bucks minimum wage alone are probably going to raise the median by a whole lot.
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Haha, Trump's growing on me.
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On February 10 2016 02:30 {CC}StealthBlue wrote:Show nested quote +President Barack Obama sent Congress on Tuesday his eighth and final budget, proposing to spend a record $4.1tn on a number of initiatives. They include launching a new measures against cancer, combating climate change and fighting growing threats from the Islamic State.
The new spending plan, for the budget year that begins 1 October – just 3½ months before he leaves office – is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress.
In all, Obama’s budget would increase taxes by $2.6tn over the coming decade, nearly double the $1.4tn in new taxes Obama sought and failed to achieve in last year’s budget.
GOP lawmakers said Obama’s proposal to impose a $10 per barrel tax on crude oil to bring in an additional $319bn over the next decade had no chance of winning approval in Congress. Obama’s budget would use that extra money to fund billions of dollars in alternative transportation programs as part of the president’s efforts to deal with climate change.
“President Obama will leave office having never proposed a budget that balances – ever. This isn’t even a budget so much as it is a progressive manual for growing the federal government at the expense of hardworking Americans,” said House Speaker Paul Ryan. “The president’s oil tax alone would raise the average cost of gasoline by 24 cents per gallon, while hurting jobs and a major sector of our economy. Americans deserve better.”
Ryan pledged that House Republicans would produce a budget that does reach balance in coming weeks. Source
Considering crude is under $30, $10 seems a bit high. But yeah I'd personally be cool with a barrel tax.
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your Country52797 Posts
I didn't see the word "Supporter" and got really excited.
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Cayman Islands24199 Posts
On February 10 2016 02:31 Nyxisto wrote:
The biggest holdback for the economies of the developed world at the moment is that they're demand starved and 3% median wage growth over the next ten years seems definitely possible given how strongly Sanders wants to raise wages, the 15 bucks minimum wage alone are probably going to raise the median by a whole lot.
raising the minimum wage isn't really a long term play on median wage growth. first some of it will go into inflation, second it si largely debt financed not-investment.
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On February 10 2016 02:47 ticklishmusic wrote:Show nested quote +On February 10 2016 02:30 {CC}StealthBlue wrote:President Barack Obama sent Congress on Tuesday his eighth and final budget, proposing to spend a record $4.1tn on a number of initiatives. They include launching a new measures against cancer, combating climate change and fighting growing threats from the Islamic State.
The new spending plan, for the budget year that begins 1 October – just 3½ months before he leaves office – is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress.
In all, Obama’s budget would increase taxes by $2.6tn over the coming decade, nearly double the $1.4tn in new taxes Obama sought and failed to achieve in last year’s budget.
GOP lawmakers said Obama’s proposal to impose a $10 per barrel tax on crude oil to bring in an additional $319bn over the next decade had no chance of winning approval in Congress. Obama’s budget would use that extra money to fund billions of dollars in alternative transportation programs as part of the president’s efforts to deal with climate change.
“President Obama will leave office having never proposed a budget that balances – ever. This isn’t even a budget so much as it is a progressive manual for growing the federal government at the expense of hardworking Americans,” said House Speaker Paul Ryan. “The president’s oil tax alone would raise the average cost of gasoline by 24 cents per gallon, while hurting jobs and a major sector of our economy. Americans deserve better.”
Ryan pledged that House Republicans would produce a budget that does reach balance in coming weeks. Source Considering crude is under $30, $10 seems a bit high. But yeah I'd personally be cool with a barrel tax.
I agree, more or less. When I started driving, I was paying $4/gal, now I'm paying ~$1.70/gal. I've been enjoying the low prices, but if money went towards funding alternative transportation plans, I would happily pay a little more.
Although, I also currently live 5 minutes from work, so I don't have an incredibly strong argument.
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On February 10 2016 02:30 {CC}StealthBlue wrote:Show nested quote +President Barack Obama sent Congress on Tuesday his eighth and final budget, proposing to spend a record $4.1tn on a number of initiatives. They include launching a new measures against cancer, combating climate change and fighting growing threats from the Islamic State.
The new spending plan, for the budget year that begins 1 October – just 3½ months before he leaves office – is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress.
In all, Obama’s budget would increase taxes by $2.6tn over the coming decade, nearly double the $1.4tn in new taxes Obama sought and failed to achieve in last year’s budget.
GOP lawmakers said Obama’s proposal to impose a $10 per barrel tax on crude oil to bring in an additional $319bn over the next decade had no chance of winning approval in Congress. Obama’s budget would use that extra money to fund billions of dollars in alternative transportation programs as part of the president’s efforts to deal with climate change.
“President Obama will leave office having never proposed a budget that balances – ever. This isn’t even a budget so much as it is a progressive manual for growing the federal government at the expense of hardworking Americans,” said House Speaker Paul Ryan. “The president’s oil tax alone would raise the average cost of gasoline by 24 cents per gallon, while hurting jobs and a major sector of our economy. Americans deserve better.”
Ryan pledged that House Republicans would produce a budget that does reach balance in coming weeks. Source
Why must all carbon regulation schemes be so dishonest? Tax of $X per Y amount of carbon, is the only sane way to do it. But of course we can't do that because then the people would know how much they are paying to be good citizens of the world .
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@oneofhtem
i don't know what that means, "debt financed"
@ daunt
Trump is presidential
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On February 10 2016 02:52 oneofthem wrote:Show nested quote +On February 10 2016 02:31 Nyxisto wrote:
The biggest holdback for the economies of the developed world at the moment is that they're demand starved and 3% median wage growth over the next ten years seems definitely possible given how strongly Sanders wants to raise wages, the 15 bucks minimum wage alone are probably going to raise the median by a whole lot. raising the minimum wage isn't really a long term play on median wage growth. first some of it will go into inflation, second it si largely debt financed not-investment.
I'm just saying that the numbers aren't necessarily made up or wrong , 30% over ten years isn't that much.
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Cayman Islands24199 Posts
well it is not government debt it's rather 'borrowing' from future investment when you look at a growth model. the subject was whether the high minimum wage would support future growth.
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debt is like cocaine, it makes the good times better and the bad times worse
that's one of the few things i remember from corporate finance
On February 10 2016 02:53 jcarlsoniv wrote:Show nested quote +On February 10 2016 02:47 ticklishmusic wrote:On February 10 2016 02:30 {CC}StealthBlue wrote:President Barack Obama sent Congress on Tuesday his eighth and final budget, proposing to spend a record $4.1tn on a number of initiatives. They include launching a new measures against cancer, combating climate change and fighting growing threats from the Islamic State.
The new spending plan, for the budget year that begins 1 October – just 3½ months before he leaves office – is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress.
In all, Obama’s budget would increase taxes by $2.6tn over the coming decade, nearly double the $1.4tn in new taxes Obama sought and failed to achieve in last year’s budget.
GOP lawmakers said Obama’s proposal to impose a $10 per barrel tax on crude oil to bring in an additional $319bn over the next decade had no chance of winning approval in Congress. Obama’s budget would use that extra money to fund billions of dollars in alternative transportation programs as part of the president’s efforts to deal with climate change.
“President Obama will leave office having never proposed a budget that balances – ever. This isn’t even a budget so much as it is a progressive manual for growing the federal government at the expense of hardworking Americans,” said House Speaker Paul Ryan. “The president’s oil tax alone would raise the average cost of gasoline by 24 cents per gallon, while hurting jobs and a major sector of our economy. Americans deserve better.”
Ryan pledged that House Republicans would produce a budget that does reach balance in coming weeks. Source Considering crude is under $30, $10 seems a bit high. But yeah I'd personally be cool with a barrel tax. I agree, more or less. When I started driving, I was paying $4/gal, now I'm paying ~$1.70/gal. I've been enjoying the low prices, but if money went towards funding alternative transportation plans, I would happily pay a little more. Although, I also currently live 5 minutes from work, so I don't have an incredibly strong argument.
i live ~5 minutes from work as well, but i'd be fine with the tax to fund even plain vanilla road improvements and fixes for goodness sakes. funding alternative transport, take my money.
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On February 10 2016 03:04 oneofthem wrote:
well it is not government debt it's rather 'borrowing' from future investment when you look at a growth model. the subject was whether the high minimum wage would support future growth.
Ah right of course. All wages are borrowing in that sense. But why does this matter when the problem is on the realization side, not the production side?
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Cayman Islands24199 Posts
at the low margin where you have low profit businesses paying poorly, or franchises on the border of 'not a good investment', it's going to affect things greatly. basically for workers in these situations, a higher minimum wage at the present may mean less investment in the future, and the jobs will be lost or not expand in productivity.
as a general piece of punditry a 15$ minimum is fine, we do need higher wage and lower corp profit in general. 15$ for the federal minimum is pretty awkward though for some areas.
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EPT
