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China to America: Stop the "auto-sadism" - Page 5

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Blargh
Profile Joined September 2010
United States2103 Posts
January 04 2013 05:33 GMT
#81
I'd love to see every country just turn to shit as all economies fail and it just resets from 0. Is a shitty economy better than no economy at all?
I think becoming a completely socialist world would solve all these "economic" problems, so long as you don't have too many shitheads in charge ^_~
LarJarsE
Profile Blog Joined August 2009
United States1378 Posts
January 04 2013 05:40 GMT
#82
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.
since 98'
TheDraken
Profile Joined July 2011
United States640 Posts
January 04 2013 06:05 GMT
#83
On January 04 2013 14:40 LarJarsE wrote:
Show nested quote +
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.


because wealthy people at the top are looking down at the rest of you and asking what the fuck is everyone's obsession with income tax. to be honest, raising the top income tax rate doesn't do shit to bankers or millionaire investors. all it does is hurt people like doctors and lawyers who are just at the very bottom of that bracket and who aren't wealthy like everyone thinks they are.

capital gains tax is still absurdly low. the estate tax is still far too low. even raising something like fucking property taxes would target the wealthy better than any fucking income tax, but the majority of america is still obsessed with income taxes because they haven't even fucking heard of capital gains or estate taxes.

and then there's the issue that there just simply aren't enough wealthy people in america to soak. if you really want to balance the budget, take a look at the behemoth that is entitlements. as long as social security, medicare, and medicaid go unchecked it doesn't matter how much money you take from the wealthy. it ain't gonna do shit.
fast food. y u no make me fast? <( ಠ益ಠ <)
ControlMonkey
Profile Blog Joined January 2011
Australia3109 Posts
January 04 2013 06:10 GMT
#84
On January 04 2013 15:05 TheDraken wrote:
and then there's the issue that there just simply aren't enough wealthy people in america to soak. if you really want to balance the budget, take a look at the behemoth that is entitlements. as long as social security, medicare, and medicaid go unchecked it doesn't matter how much money you take from the wealthy. it ain't gonna do shit.


Pretty much this. The problem is that there is a ton of money being spent on welfare, which is only going to grow in the future, and no-one has the guts to say the truth, that the US can't afford it. Even if you raised tax to balance the budget in the short term, welfare spending, especially medicare & medicaid, is only going to increase unless the government does something about it.
Nepgear
Profile Joined December 2012
Japan14 Posts
January 04 2013 06:11 GMT
#85
On January 04 2013 14:33 Blargh wrote:
I'd love to see every country just turn to shit as all economies fail and it just resets from 0. Is a shitty economy better than no economy at all?
I think becoming a completely socialist world would solve all these "economic" problems, so long as you don't have too many shitheads in charge ^_~


Do you even know how socialism works. Or economy in general
逃走少女と契約しました。猫だけど。
Shady Sands
Profile Blog Joined June 2012
United States4021 Posts
January 04 2013 06:16 GMT
#86
FYI, the biggest issue for entitlements isn't that the income tax is too low or there are too many old people. It's that technology reduces labor's share of the GDP in favor of capital (think installment payments on industrial robots replacing the wages of assembly line workers).

This, more than anything else, reduces the amount of money available for SS/Medicare/Medicaid, since those three programs are funded, mainly, by payroll and income taxes on wages and salaries, not installment payments to the Roomba replacing the janitor or automated production line that replaces 150 GM guys.
Что?
ThomasjServo
Profile Blog Joined May 2012
15244 Posts
Last Edited: 2013-01-04 06:24:47
January 04 2013 06:18 GMT
#87
On January 04 2013 14:33 Blargh wrote:
I'd love to see every country just turn to shit as all economies fail and it just resets from 0. Is a shitty economy better than no economy at all?
I think becoming a completely socialist world would solve all these "economic" problems, so long as you don't have too many shitheads in charge ^_~

Pure socialism is a pipe dream on a micro or macro scale. As far as political theory goes it is idealistic as they come, an inherently antithetical to human nature.

Unchecked Socialism has proved to be self-damning in almost every instance in the last fifty years. Barring major cultural pillars which support the social element of the theory there is really very little hope for it as a pure political doctrine.

While I am curious as to what would happen in the event of global economic collapse, I don't think that pure Socialism, or democratic Socialism is a solution in and of itself.
Danglars
Profile Blog Joined August 2010
United States12133 Posts
January 04 2013 06:19 GMT
#88
On January 04 2013 14:40 LarJarsE wrote:
Show nested quote +
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.

The opposite side would say that the government does not spend the money more wisely or more efficiently than the rich do. Those earning $450,000 and above don't suddenly drop their Benjamins into the mattress and do nothing with their extra money. They don't play Scrooge McDuck and take dives into a room of money all day long. They invest the money in their own businesses or elsewhere in entrepreneurial activity which generates jobs, in turn providing others with money to spend and taxes on that. The increased taxes on 450k+ are borne disproportionately by those earning far less, in job cuts from rich people buying fewer and less expensive yachts. You better believe if I'm asked to do some productive activity and it puts me one penny above whatever the sin tax level is that year, I'm gonna turn it down to keep my name off the populist's hit list. It would appear a majority of Americans do want to kill the goose that lays the economic golden egg.

The string of platitudes is really sweet. Invest in education (ahem, school administration jobs) and technology. Support local businesses. Transparency. Genuine revolution. I've been hearing this for four years of speeches and seeing just more pork and more class warfare demagoguery. Washington has a spending problem, not a revenue problem. Fixing a revenue problem fixes nothing (except their support for the next spending program. It helps fix that). Fixing a spending problem does.
Great armies come from happy zealots, and happy zealots come from California!
TL+ Member
Thermia
Profile Joined August 2010
United States866 Posts
January 04 2013 06:33 GMT
#89
On January 04 2013 15:19 Danglars wrote:
Show nested quote +
On January 04 2013 14:40 LarJarsE wrote:
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.


The string of platitudes is really sweet. Invest in education (ahem, school administration jobs) and technology. Support local businesses. Transparency. Genuine revolution. I've been hearing this for four years of speeches and seeing just more pork and more class warfare demagoguery. Washington has a spending problem, not a revenue problem. Fixing a revenue problem fixes nothing (except their support for the next spending program. It helps fix that). Fixing a spending problem does.


It's really unfortunate that they aren't going to fix the spending issues then since all the programs they run are what put them in office
Sufficiently advanced stupidity is indistinguishable from trolling. IGN: Mierin
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
January 04 2013 06:34 GMT
#90
On January 04 2013 14:40 LarJarsE wrote:
Show nested quote +
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.

Like China.
Shady Sands
Profile Blog Joined June 2012
United States4021 Posts
January 04 2013 06:35 GMT
#91
On January 04 2013 15:19 Danglars wrote:
Show nested quote +
On January 04 2013 14:40 LarJarsE wrote:
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.

The opposite side would say that the government does not spend the money more wisely or more efficiently than the rich do. Those earning $450,000 and above don't suddenly drop their Benjamins into the mattress and do nothing with their extra money. They don't play Scrooge McDuck and take dives into a room of money all day long. They invest the money in their own businesses or elsewhere in entrepreneurial activity which generates jobs, in turn providing others with money to spend and taxes on that. The increased taxes on 450k+ are borne disproportionately by those earning far less, in job cuts from rich people buying fewer and less expensive yachts. You better believe if I'm asked to do some productive activity and it puts me one penny above whatever the sin tax level is that year, I'm gonna turn it down to keep my name off the populist's hit list. It would appear a majority of Americans do want to kill the goose that lays the economic golden egg.

The string of platitudes is really sweet. Invest in education (ahem, school administration jobs) and technology. Support local businesses. Transparency. Genuine revolution. I've been hearing this for four years of speeches and seeing just more pork and more class warfare demagoguery. Washington has a spending problem, not a revenue problem. Fixing a revenue problem fixes nothing (except their support for the next spending program. It helps fix that). Fixing a spending problem does.


Unfortunately, much as bullets win battles, spending wins elections. Short of finding a common enemy (e.g. inciting a cold war), nothing--not fancy speeches, not better rhetoric, neither reason nor logic nor emotion--yields votes more reliably and efficiently than good old pork barrel spending and patronage.

Of course, the best political ideas usually combine a common enemy with promises of unlimited largesse to defeat said enemy. Sometimes to the enemy is found in the mirror--God, Atheism, abortion, gun violence, drugs--while sometimes it comes from nature (global warming). Most often, however, the enemy comes from afar (RUSSIA! CHINA! JIHADISTS IN BUTTFUCKISTAN!).

Normally, when nations engage in that saber-rattling, it catches up to them, because sooner or later they have to put up or shut up, and in every war, there will be at least one winner and one loser, so eventually a nation will lose a war. The US is just lucky that our geographic position made it damn hard for us to *lose* a war (as in, an enemy defeats our army/navy and occupies some US territory), and nuclear weapons now make that impossible.
Что?
Alex1Sun
Profile Blog Joined April 2010
494 Posts
Last Edited: 2013-01-04 06:39:03
January 04 2013 06:36 GMT
#92
On January 04 2013 15:19 Danglars wrote:
Show nested quote +
On January 04 2013 14:40 LarJarsE wrote:
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.

The opposite side would say that the government does not spend the money more wisely or more efficiently than the rich do. Those earning $450,000 and above don't suddenly drop their Benjamins into the mattress and do nothing with their extra money. They don't play Scrooge McDuck and take dives into a room of money all day long. They invest the money in their own businesses or elsewhere in entrepreneurial activity which generates jobs, in turn providing others with money to spend and taxes on that. The increased taxes on 450k+ are borne disproportionately by those earning far less, in job cuts from rich people buying fewer and less expensive yachts. You better believe if I'm asked to do some productive activity and it puts me one penny above whatever the sin tax level is that year, I'm gonna turn it down to keep my name off the populist's hit list. It would appear a majority of Americans do want to kill the goose that lays the economic golden egg.

The string of platitudes is really sweet. Invest in education (ahem, school administration jobs) and technology. Support local businesses. Transparency. Genuine revolution. I've been hearing this for four years of speeches and seeing just more pork and more class warfare demagoguery. Washington has a spending problem, not a revenue problem. Fixing a revenue problem fixes nothing (except their support for the next spending program. It helps fix that). Fixing a spending problem does.

It's a matter of choice. US currently spends about 15% of it's budget on social and medical security. Germany spends about 30% on these things and also has many other social programs. German economy is doing quite well, unemployment is relatively low and standards of living are arguably higher than in US. Some northern European countries have even higher welfare/medicare spendings, higher standards of living and good economies. I am not saying that US has to adopt these principles, but it's a matter of choice, whether to reduce spending or increase taxes.
This is not Warcraft in space!
Shady Sands
Profile Blog Joined June 2012
United States4021 Posts
January 04 2013 06:36 GMT
#93
On January 04 2013 15:34 JonnyBNoHo wrote:
Show nested quote +
On January 04 2013 14:40 LarJarsE wrote:
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.

Like China.

Am I the only one that giggles a little when tu quoque is now applied by US commentators on Chinese pundits?
Что?
ThomasjServo
Profile Blog Joined May 2012
15244 Posts
January 04 2013 06:40 GMT
#94
On January 04 2013 15:36 Shady Sands wrote:
Show nested quote +
On January 04 2013 15:34 JonnyBNoHo wrote:
On January 04 2013 14:40 LarJarsE wrote:
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.

Like China.

Am I the only one that giggles a little when tu quoque is now applied by US commentators on Chinese pundits?

Not the only one, but Chinese commentators by virtue of the fact that they are expressing are a political opinion should be taken with a hefty grain of salt. Implications of revolution and even transparency are funny enough, but to imagine that a Chinese national is expressing an opinion of their own volition sans government influence is relatively naive.

NoobSkills
Profile Joined August 2009
United States1600 Posts
January 04 2013 06:59 GMT
#95
On January 04 2013 09:01 Aveng3r wrote:
i hope we heed the message


The people might know that shit is wrong, but our government will not fix the problem.

President is almost worthless when it comes to getting our finances on track.

Congress is made up of many individuals who ONLY look out for themselves and their voters. Their whole goal is to get what they can for themselves as an individual and for their state(even if what they want isn't necessary), so that when it comes time to get reelected the population of that state remember they get X bullshit because Y is in office looking out for us.

There aren't enough good people in congress to actually get the right things done. It is sad, but we're going to keep floating here, but we wont rise up to what we were before. At least not for a long time.
Belisarius
Profile Joined November 2010
Australia6232 Posts
January 04 2013 07:09 GMT
#96
On January 04 2013 15:59 NoobSkills wrote:
Show nested quote +
On January 04 2013 09:01 Aveng3r wrote:
i hope we heed the message


The people might know that shit is wrong, but our government will not fix the problem.


The people clearly do not. That's why they're getting tax cuts instead of tax raises, and, in fact, why it's nearly impossible for a democratic country in the US's position to right itself. Nobody will vote for a guy who promises to significantly reduce their affluence and quality of life in order to right the ship.

People will keep on voting for tax cuts until there isn't a government left standing to tax them.
MoonfireSpam
Profile Blog Joined September 2010
United Kingdom1153 Posts
January 04 2013 07:21 GMT
#97
Can't really win, when everyone in charge fucks their own nation in the arse to take home stupid paychecks people can't seriously expect anything to change.

CEO / directors take home hundreds of millions, people get taxed to bail em out. They retire and take political positions drop/freeze taxes on the plebs to make em feel a bit better, while paving the way for their successor to make equally stupid dollars while they themselves take a nice cut.

Fucks given by anyone in a position to do anything = 0.
Blargh
Profile Joined September 2010
United States2103 Posts
January 04 2013 07:27 GMT
#98
On January 04 2013 15:18 ThomasjServo wrote:
Pure socialism is a pipe dream on a micro or macro scale. As far as political theory goes it is idealistic as they come, an inherently antithetical to human nature.

Unchecked Socialism has proved to be self-damning in almost every instance in the last fifty years. Barring major cultural pillars which support the social element of the theory there is really very little hope for it as a pure political doctrine.

While I am curious as to what would happen in the event of global economic collapse, I don't think that pure Socialism, or democratic Socialism is a solution in and of itself.


Indeed it is. Also, I severely doubt socialism will ever become viable for many reasons. But yes, I almost wouldn't mind an economical shitstorm to occur just for the sake of seeing what would end up happening. At least it'd show karma at work. Douche-baggery and idiocy can only go on so long before karma hits like a speeding train.


On a general note, it truly surprises me so many find taxes to be such a terrible thing. Assuming taxes are used on something other than some political dipshit's personal gain, they seem totally fine and I would never mind paying them. So long as people don't see any instant personal benefit in whatever tax, they will be against taxes
Caihead
Profile Blog Joined July 2011
Canada8550 Posts
January 04 2013 07:35 GMT
#99
On January 04 2013 15:40 ThomasjServo wrote:
Show nested quote +
On January 04 2013 15:36 Shady Sands wrote:
On January 04 2013 15:34 JonnyBNoHo wrote:
On January 04 2013 14:40 LarJarsE wrote:
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.

Like China.

Am I the only one that giggles a little when tu quoque is now applied by US commentators on Chinese pundits?

Not the only one, but Chinese commentators by virtue of the fact that they are expressing are a political opinion should be taken with a hefty grain of salt. Implications of revolution and even transparency are funny enough, but to imagine that a Chinese national is expressing an opinion of their own volition sans government influence is relatively naive.



I wasn't aware that we are still prejudiced enough to think that where an opinion comes from is more legitimate of a concern than the actual opinion's logical consistency and factual correctness. I wouldn't give two fucks who is telling me something as long as he/she/it is right. Is the opinion right, or isn't it.
"If you're not living in the US or are a US Citizen, please do not tell us how to vote or how you want our country to be governed." - Serpest, American Hero
BlackPanther
Profile Blog Joined April 2011
United States872 Posts
January 04 2013 07:43 GMT
#100
On January 04 2013 15:05 TheDraken wrote:
Show nested quote +
On January 04 2013 14:40 LarJarsE wrote:
We see few signs that the United States is ready to reinvent its national narrative and mission. But here in Shanghai, we understand basic math pretty well.


YESSSSSSSSSSSSSSSSSSSS. I love this quote. America definitely needs a blow to its ego.. What a better way to do it than a direct insult.

I agree with everything China has said here..

Like what the fuck, holy shit, its such a big deal that people who make over $450,000 per year should see a tax increase. No shit man!? I'm sorry for the crude language, but this has got me on the edge of my seat, although I am laying down. We need a real reform in our government and finances.. As the article states, we keep kicking the can down the street and not dealing with the problem head on. We sit back while our government is getting more and more in debt and the general public is fed things like reality TV and (literally) McDonalds. I want for all of us Americans to get better.. at spending less, supporting local businesses, finding ways to make more money, seeing through corporate veils and monopolies.. The future is looking grim if we do not change our ways. We need a genuine revolution. We need GENUINE transparency with our government.


because wealthy people at the top are looking down at the rest of you and asking what the fuck is everyone's obsession with income tax. to be honest, raising the top income tax rate doesn't do shit to bankers or millionaire investors. all it does is hurt people like doctors and lawyers who are just at the very bottom of that bracket and who aren't wealthy like everyone thinks they are.

capital gains tax is still absurdly low. the estate tax is still far too low. even raising something like fucking property taxes would target the wealthy better than any fucking income tax, but the majority of america is still obsessed with income taxes because they haven't even fucking heard of capital gains or estate taxes.

and then there's the issue that there just simply aren't enough wealthy people in america to soak. if you really want to balance the budget, take a look at the behemoth that is entitlements. as long as social security, medicare, and medicaid go unchecked it doesn't matter how much money you take from the wealthy. it ain't gonna do shit.


While there are issues with the future solvency of entitlement programs, there aren't going to be cuts until those programs go severely red.
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