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President Obama Re-Elected - Page 492

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Hey guys! We'll be closing this thread shortly, but we will make an American politics megathread where we can continue the discussions in here.

The new thread can be found here: http://www.teamliquid.net/forum/viewmessage.php?topic_id=383301
Silidons
Profile Blog Joined September 2010
United States2813 Posts
September 12 2012 02:24 GMT
#9821
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.
"God fights on the side with the best artillery." - Napoleon Bonaparte
darthfoley
Profile Blog Joined February 2011
United States8004 Posts
September 12 2012 03:58 GMT
#9822
On September 12 2012 11:24 Silidons wrote:
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.


lol i love the daily show and the colbert report, so great.
watch the wall collide with my fist, mostly over problems that i know i should fix
RavenLoud
Profile Joined March 2011
Canada1100 Posts
September 12 2012 04:03 GMT
#9823
On September 11 2012 15:15 Romantic wrote:
Show nested quote +
On September 11 2012 14:00 RavenLoud wrote:
On September 11 2012 13:00 ziggurat wrote:
On September 11 2012 08:58 HellRoxYa wrote:
On September 11 2012 08:35 ziggurat wrote:
On September 11 2012 07:09 Roe wrote:
On September 11 2012 06:41 xDaunt wrote:
On September 11 2012 06:02 ImAbstracT wrote:

Let's look at the extreme case, where taxes are say, 90%. I'm not recommending that, but just using that as an example. In that case, a business has a huge incentive to continue to invest in the business (which creates deductible expenses) instead of taking money out of the business.

High tax rates favor business investment. Lower tax rates encourage owners to not invest, not hire, and to take money out of the business as fast as they can.

I sure wish just once somebody would explain this basic business principle in the MSM.


Whoever wrote this is just dumb.


Calling someone dumb is a good argument... What he wrote is factually correct. When taxes are low, business hire less (in fact they lay off more), when taxes are high they invest in their company more and the economy of the country is much healthier because you have people actually spending their money instead of hoarding it off shore. Are you simply aware that businesses aren't competent and won't be able to invest their money appropriately, so you argue for these types of regressive policies? I really do want to know from where you get this distorted view of reality.

No. If taxes are high people are incentivized to think "I could work really hard and start a great business ... but I'd lose most of the profits in taxes anyway so why bother?" Or, they think "I'm going to invest my money, should I invest it here where the govt will take a ton of my profits? Or should I invest it offshore where I'll get to keep most of the profits myself?"

Starting a business is a big risk. Many businesses fail. So when a smart person is trying to decide if they will start one or not they look at the possible outcomes, and reasistically assess the risk/reward ratio. For example, say I am considering $1,000,000 in a business and I see the following possible outcomes:

Scenario 1 - 10% chance that this will happen - Huge success - I make $500,000 a year from this business

Scenario 2 - 50% chance that this will happen - moderate success - I make $200,000 a year from this business

Scenario 3 - 40% chance - business fails, I lose my investment

You can make up whatever numbers you want, but if the tax rate is really high a lot of people will simply look at the numbers and decide its not worth it. If tax rates are low people are encouraged to start businesses because the rewards are that much greater if they are successful.


Yet you're forgetting an important part of the equation. Are you fucked if your company does not succeed or not? The higher the taxrate the less likely you are to be fucked if your business fails. I actually find your argument highly lacking due to this.

Also, people are, in general, risk averse, which means that a safer society (one where you don't fail at life if your company fails in this scenario) would make people more willing to start a new company, not less.

No, I think you have it all wrong. If my business fails I'm not fucked -- unless I invested every last cent I own into it, which few people would do. Even if I did, I can always go out and get a job.

I doubt the social safety net is much of a factor. The highly motivated people who are going to start successful businesses are not likely to end up on welfare no matter how bad the economy is. But the fact the govt will take half of any money I make is a huge disincentive.


Do people forget that the greatest economic boom of the 50s-60s were done under 70-90% tax rates for the rich?



This isn't what you think it is. Define, "the rich".

Inflation means that the number of people in the top bracket has multiplied many times since the first income tax. One of the first "highest brackets" was in 1939, which was a 75% tax above $5,000,000, which is what, $80-90 million today?

A 75% tax on income above $80 million and calling that bracket "the rich" is a lot different than a tax on income above $388,000 and calling that "the rich".

tl;dr "the rich" is meaningless and comparing tax brackets is not exactly enlightening unless you include things like inflation, the % of the population affected by the tax, etc. The top bracket in the 30s-60s included many fewer people than it does today. The threshold for being in the upper bracket was much higher.


That is another issue, it is true that many mid-small size companies can benefit from tax breaks and that the bracket did not adjust with inflation that well over time. I never claimed otherwise. However, I'm very tired of this fetish of claiming that the only way to create growth was to give money to the ones at the top, because it doesn't work and it skyrockets the debt.

I was arguing against the claim that social safety net are a non concern compared to tax rates.
On September 11 2012 16:08 Danglars wrote:
Show nested quote +
Why people still believe in the myth of trickle down when it has been proven flawed time and time again is beyond me.

As many are in the habit of saying, time and time again.

Somehow, the issues of high tax rates negatively affecting economic growth, capital flight, and others keep cropping up. There is a debate on the validity of highly progressive tax rates being a net help or hurt to the economy. Is this good policy? Straw man all you want, we're coddling the rich, entrepreneurs are superhumans unaffected by any disincentives whatsoever. Heck even claim business owners take milder chances when they started up than is generally perceived. It is a legitimate question of policy to examine what levels of progressive taxation harm growth to an unacceptable level. I see a lotta napkin analysis on these caricatures of people and their motivations thrown against percentage tax rates and the like. There are real tax rates and the real chance of business failure. You can examine just how much was risked for how much return. To give you an idea, '04-'08 saw 647k start up and 574k close. Just saying, 'Nah, these guys are gonna do what they do whether it goes up 0% 1% 5% 10%' doesn't even come close to the rigor required for the conclusions thrown out here.

Already addressed was the trouble with statistics on the rich; using them to say something they're not.

Putting words in my mouth and pedantic nitpicking doesn't change the fact that the Bush tax cuts didn't do much good. I was more refuting ziggurat's claims more than laying down my detailed analysis, perhaps I was being unclear so I do apologize for it. I'm a very centrist person and I know that tax issues and the economy is much more complex than the one liner I often give out due to laziness.

However, I do subscribe to the notion that a healthy, growing economy is one that has a strong middle class. If you examine the situation of the last 40 years, it's not hard to realize that the ones who need help now aren't the top 1% of CEOs making record wages.

ticklishmusic
Profile Blog Joined August 2011
United States15977 Posts
Last Edited: 2012-09-12 04:06:19
September 12 2012 04:03 GMT
#9824
On September 12 2012 11:24 Silidons wrote:
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.


bahahahaha

seriously, fox should try to hire jon stewart. at least he wouldn't make them look like fools/ would point out some of their inconsistencies so they wouldn't make fools of themselves.
(╯°□°)╯︵ ┻━┻
xDaunt
Profile Joined March 2010
United States17988 Posts
Last Edited: 2012-09-12 04:17:44
September 12 2012 04:10 GMT
#9825
On September 12 2012 13:03 ticklishmusic wrote:
Show nested quote +
On September 12 2012 11:24 Silidons wrote:
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.


bahahahaha

seriously, fox should try to hire jon stewart. at least he wouldn't make them look like fools/ would point out some of their inconsistencies so they wouldn't make fools of themselves.

Jon Stewart is really damned funny, but you do realize that his entire schtick is basically predicated upon strawmanning the piss out of what conservatives/republicans/fox say and then taking most of that out of context, right?
BlueBird.
Profile Joined August 2008
United States3889 Posts
Last Edited: 2012-09-12 04:20:59
September 12 2012 04:17 GMT
#9826
On September 12 2012 13:10 xDaunt wrote:
Show nested quote +
On September 12 2012 13:03 ticklishmusic wrote:
On September 12 2012 11:24 Silidons wrote:
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.


bahahahaha

seriously, fox should try to hire jon stewart. at least he wouldn't make them look like fools/ would point out some of their inconsistencies so they wouldn't make fools of themselves.

Jon Stewart is really damned funny, but you do realize that his entire schtick is predicated upon strawmanning the piss out of what conservatives/republicans/fox say and then taking most of that out of context, right?


I mean it's his job, he is supposed to be funny.. I think most people realize that, I'm sure you can make a video of a liberal news network showing the exact same flip-flop between conventions. Also, Jon Stewart's interviews are usually pretty informative/good, especially when he debates with someone for awhile(Colbert's are usually pretty dull, he does the same thing every interview, it's gotten really old for me)

At least it's not as bad as the entire Republican convention taking Obama's quote out of context.. We Built That!
Currently Playing: Android Netrunner, Gwent, Gloomhaven, Board Games
RavenLoud
Profile Joined March 2011
Canada1100 Posts
September 12 2012 04:21 GMT
#9827
On September 12 2012 13:10 xDaunt wrote:
Show nested quote +
On September 12 2012 13:03 ticklishmusic wrote:
On September 12 2012 11:24 Silidons wrote:
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.


bahahahaha

seriously, fox should try to hire jon stewart. at least he wouldn't make them look like fools/ would point out some of their inconsistencies so they wouldn't make fools of themselves.

Jon Stewart is really damned funny, but you do realize that his entire schtick is predicated upon strawmanning the piss out of what conservatives/republicans/fox say and then taking most of that out of context, right?

IKR, he's a total partisan wackjob. Fox news would NEVER do any strawmanning or taking things out of context EVER. He should totally follow their example and accept his inferiority as a media professional.

Maybe some would point out the fact that there's a huge portion of that show making fun of democrates and their hypocrisy of "acceptance", BUT I'm sure he doesn't want to do that though, he just does it to try to appear unbiased, goddamn liberals taking over the media.


Perhaps one could entertain the thought that he simply gets more material to work with as a comedian from the conservatives/republicans/fox, but that's just be ridiculous liberal un-American bullshit.

xDaunt
Profile Joined March 2010
United States17988 Posts
September 12 2012 04:21 GMT
#9828
On September 12 2012 13:17 BlueBird. wrote:
Show nested quote +
On September 12 2012 13:10 xDaunt wrote:
On September 12 2012 13:03 ticklishmusic wrote:
On September 12 2012 11:24 Silidons wrote:
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.


bahahahaha

seriously, fox should try to hire jon stewart. at least he wouldn't make them look like fools/ would point out some of their inconsistencies so they wouldn't make fools of themselves.

Jon Stewart is really damned funny, but you do realize that his entire schtick is predicated upon strawmanning the piss out of what conservatives/republicans/fox say and then taking most of that out of context, right?


I mean it's his job, he is supposed to be funny.. I think most people realize that, I'm sure you can make a video of a liberal news network showing the exact same flip-flop between conventions. Also, Jon Stewart's interviews are usually pretty informative/good, especially when he debates with someone for awhile(Colbert's are usually pretty dull, he does the same thing every interview, it's gotten really old for me)

At least it's not as bad as how out of context the entire Republican convention took Obama's quote out of context.. We Built That!

Sure, he's a comedian. He'd be a really, really bad one if he wasn't funny, and quite frankly, I enjoy his show. However, it is very obvious that there are many people (including people on these forums) who don't understand what he is doing or even really what he commenting on half the time, thus all they know about those things is whatever Jon Stewart is telling them in his jokes. That is problematic and sad.
aksfjh
Profile Joined November 2010
United States4853 Posts
September 12 2012 04:21 GMT
#9829
On September 12 2012 10:53 Souma wrote:
Their policies ARE shit, but Ryan has a history of talking about numbers before this campaign (someone mentioned before about Ryan getting Romneyized lately). I may have phrased it wrong when I said Romney "wants" to talk about them - I meant he probably can (or at least Ryan can), but he doesn't want to because he knows he'll endure a lot of backlash. And the brunt of that reasoning is because voters can be very short-sighted in regards to entitlement reform. I mean, hell, did you not see people up in arms when they thought Obama was going to remove $716 billion worth of benefits from Medicare?

Even before the campaign, Ryan's numbers were always very nonspecific. His budgets were basically a statement of, "We're going to cut government spending by X amount." He excludes talking about specific programs outside of Medicare, Medicaid, and SS (iirc). The whole idea being that:
a) People normally oppose cutting any of the programs that are left. Research, education, transportation, inner city relief, and so on, people get uneasy when you finally present the cost/benefit numbers. A good (unscientific) example is the NASA "gotcha" budget questions, where people don't realize it only gets 0.5% of the federal budget.
b) Without citing numbers, they can always backtrack and make promises to "save" stuff. Think of the reaction by Romney recently about his promise not to raise taxes on the middle class. This flies in the face of his proposed tax policy, which lacked a lot of specifics, but, when analyzed against his other promises, actually showed that the middle class would have to pay more to remain revenue neutral.

For the latter, Romney barely released any numbers and was opened up quite quickly to criticism. By hiding their numbers, they can obfuscate the issues and stick to their popular "government is bad!" slogan.
Souma
Profile Blog Joined May 2010
2nd Worst City in CA8938 Posts
September 12 2012 04:25 GMT
#9830
After watching Real Time with Bill Maher, The Daily Show just doesn't seem as good nor funny. =S
Writer
mynameisgreat11
Profile Joined February 2012
599 Posts
September 12 2012 04:54 GMT
#9831
On September 12 2012 13:10 xDaunt wrote:
Show nested quote +
On September 12 2012 13:03 ticklishmusic wrote:
On September 12 2012 11:24 Silidons wrote:
Does fox news really even try anymore? Anyone see this?
http://www.thedailyshow.com/watch/fri-september-7-2012/hope-and-change-2---last-week-this-week

It's just fucking sad.


bahahahaha

seriously, fox should try to hire jon stewart. at least he wouldn't make them look like fools/ would point out some of their inconsistencies so they wouldn't make fools of themselves.

Jon Stewart is really damned funny, but you do realize that his entire schtick is basically predicated upon strawmanning the piss out of what conservatives/republicans/fox say and then taking most of that out of context, right?


Fox news doesn't need fancy editing or a lack of context to come across as totally ridiculous.
screamingpalm
Profile Joined October 2011
United States1527 Posts
Last Edited: 2012-09-12 06:20:01
September 12 2012 06:18 GMT
#9832
On September 12 2012 13:10 xDaunt wrote:

Jon Stewart is really damned funny, but you do realize that his entire schtick is predicated upon strawmanning the piss out of what conservatives/republicans/fox say and then taking most of that out of context, right?


It's not just comedy shows, there are entire organizations dedicated to combat the misinformation on Fox such as the progressive Media Matters. Although I guess one could argue that this makes Fox a job creator lol.
MMT University is coming! http://www.mmtuniversity.org/
Defacer
Profile Blog Joined October 2010
Canada5052 Posts
September 12 2012 07:20 GMT
#9833
On September 12 2012 13:25 Souma wrote:
After watching Real Time with Bill Maher, The Daily Show just doesn't seem as good nor funny. =S


I enjoy both shows, but I'm always surprised by the lack of depth on Real Time at times ... from Bill and the guests. Bill is even more biased than Stewart.

And frankly, Jon Stewart, when given the opportunity, is a better (and shockingly knowledgeable) debater and interviewer than Bill Maher.
Velr
Profile Blog Joined July 2008
Switzerland10814 Posts
September 12 2012 07:44 GMT
#9834
From watching both... Maher is just way to biased, still funny but way to biased to be taken really serious.
Stewart is actually doing a pretty decent job shitting on dems and republicans, sure, it shows that he doesn't favour the republicans but Fox News/Republicans also just seem to deliver way more ammunition for ridiciule...
Souma
Profile Blog Joined May 2010
2nd Worst City in CA8938 Posts
Last Edited: 2012-09-12 08:34:26
September 12 2012 07:47 GMT
#9835
On September 12 2012 16:20 Defacer wrote:
Show nested quote +
On September 12 2012 13:25 Souma wrote:
After watching Real Time with Bill Maher, The Daily Show just doesn't seem as good nor funny. =S


I enjoy both shows, but I'm always surprised by the lack of depth on Real Time at times ... from Bill and the guests. Bill is even more biased than Stewart.

And frankly, Jon Stewart, when given the opportunity, is a better (and shockingly knowledgeable) debater and interviewer than Bill Maher.


I've only watched the last few episodes of Real Time, but what I've seen has much more depth than what I've seen from The Daily Show with the exception of the Marco Rubio interview.

Bill Maher is more biased, I'll give you that, but they cover a lot more topics and have a lot more discussions than The Daily Show does. The good thing about Real Time is that it's not just Bill Maher, it's many other guests as well (though some of them are frankly idiots, but it gives perspective). Jon Stewart needs to do more interviews.
Writer
Doublemint
Profile Joined July 2011
Austria8655 Posts
September 12 2012 07:47 GMT
#9836
On September 12 2012 16:20 Defacer wrote:
Show nested quote +
On September 12 2012 13:25 Souma wrote:
After watching Real Time with Bill Maher, The Daily Show just doesn't seem as good nor funny. =S


I enjoy both shows, but I'm always surprised by the lack of depth on Real Time at times ... from Bill and the guests. Bill is even more biased than Stewart.

And frankly, Jon Stewart, when given the opportunity, is a better (and shockingly knowledgeable) debater and interviewer than Bill Maher.


+1 and that a thousand times.

I really enjoyed Real time quite a bit more like 1-2 years ago, but now it seems rather stale and uninteresting when he just stops the debate instead of refuting his counterpart's arguments.

The best part nowadays for me are his new rules.

Hope he steps it up again. Ironically I think a Romney presidency would make sure of that ^_^
Pride goeth before destruction, and an haughty spirit before the fall.
screamingpalm
Profile Joined October 2011
United States1527 Posts
Last Edited: 2012-09-12 08:10:51
September 12 2012 08:07 GMT
#9837
I'm big Daily Show fan, but also really like Colbert- big fan of satire. D

Stewart is a better interviewer and master debater though.

Some of Stewart's best moments are ragging on Dems- search "Blues Clueless" on his site.
MMT University is coming! http://www.mmtuniversity.org/
Danglars
Profile Blog Joined August 2010
United States12133 Posts
September 12 2012 08:36 GMT
#9838
On September 12 2012 13:21 aksfjh wrote:
Show nested quote +
On September 12 2012 10:53 Souma wrote:
Their policies ARE shit, but Ryan has a history of talking about numbers before this campaign (someone mentioned before about Ryan getting Romneyized lately). I may have phrased it wrong when I said Romney "wants" to talk about them - I meant he probably can (or at least Ryan can), but he doesn't want to because he knows he'll endure a lot of backlash. And the brunt of that reasoning is because voters can be very short-sighted in regards to entitlement reform. I mean, hell, did you not see people up in arms when they thought Obama was going to remove $716 billion worth of benefits from Medicare?

Even before the campaign, Ryan's numbers were always very nonspecific. His budgets were basically a statement of, "We're going to cut government spending by X amount." He excludes talking about specific programs outside of Medicare, Medicaid, and SS (iirc). The whole idea being that:
a) People normally oppose cutting any of the programs that are left. Research, education, transportation, inner city relief, and so on, people get uneasy when you finally present the cost/benefit numbers. A good (unscientific) example is the NASA "gotcha" budget questions, where people don't realize it only gets 0.5% of the federal budget.
b) Without citing numbers, they can always backtrack and make promises to "save" stuff. Think of the reaction by Romney recently about his promise not to raise taxes on the middle class. This flies in the face of his proposed tax policy, which lacked a lot of specifics, but, when analyzed against his other promises, actually showed that the middle class would have to pay more to remain revenue neutral.

For the latter, Romney barely released any numbers and was opened up quite quickly to criticism. By hiding their numbers, they can obfuscate the issues and stick to their popular "government is bad!" slogan.

The humorous thing is ... he puts forward real plans ... that have plenty of cuts. I mean you have a legitimate criticism of Republican congressman as a whole. But Ryan in particular ... he is actually one of the few guys that signs his pen to things that special interest groups and attack ads can target. Nobody likes their budgets cut so you're painting a bullseye when you do it.

The ironic comparison (since you mentioned "His budgets") is that government rules require a budget, but we've been skating along on continuing resolutions since 2009. Pretty crazy, considering some of the things in the wake of the last budget fight. + Show Spoiler +
. The whole topic is fraught with landmines because anything close to a budget chopping away at the deficit (I'm talking even forecast to run a 10% smaller deficit next year, baseline budgeting aside) is political suicide at this point. So way to go politicians in government.
It's just something that nobody wants to address.
Great armies come from happy zealots, and happy zealots come from California!
TL+ Member
Souma
Profile Blog Joined May 2010
2nd Worst City in CA8938 Posts
Last Edited: 2012-09-12 09:58:37
September 12 2012 09:47 GMT
#9839
Not sure if you guys can access this but it's an interesting article: http://mesharpe.metapress.com/media/pgwf2q5yyr6kqn5xjar6/contributions/1/8/2/m/182m514317024486.pdf

Points out the fundamental problems regarding regulation in the United States.
Writer
Frostlone
Profile Joined February 2012
Australia75 Posts
September 12 2012 09:53 GMT
#9840
On April 19 2012 18:24 murphs wrote:
Dear America,

Vote Obama.

Sincerely,
Rest of the fucking world.

so true so true...
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