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what country has ever taxed and spent its way to prosperity ?


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Initial post: May 30, 2012 4:46:44 PM PDT
clinton could not answer that question when a kid asked him during one of his town meetings.

which is not to fault little willie with the big willie because it is a trick question.

the answer is NO COUNTRY EVER TAXED ITS WAY TO PROSPERITY, SPENT ITS WAY TO PROSPERITY, NOR TAXED & SPENT ITS WAY TO PROSPERITY.

many countries have spent their way to oblivion.

the only thing that taxing and spending will lead to is hyperinflation and total economic collapse.

it is time to stop kicking the can down the road and realise we cant give everybody everything they want no matter how much you think they deserve it more than preventing the usa from becoming a 4th world joke after bangladesh is.

In reply to an earlier post on May 30, 2012 4:51:49 PM PDT
Magna Carta says:
We are looking at an extended time of debt reduction, perhaps 25-50 years.
We had an economic recession from 1872-1896 which is the longest, this was after a housing bubble in larger Euro cities.
The housing market can be flat for 80 years, as it was in Oslo from 1900-1980.

In reply to an earlier post on May 30, 2012 4:53:44 PM PDT
we are looking at imminent collapse

hyperinflation followed by massive world wide depression
unless all deficit spending is stopped worldwide

we may need a jubilee type reset of all debt
screw the banks and save the world
better than the 0.01% ending up with everything
while everyone else starves to death

Posted on May 30, 2012 4:55:08 PM PDT
Mende Mui says:
And what country has ever survived by having all the income go to 1% of the population?

What country would ever survive if such a small sector of the economy like the banking sector affects the entire economy every time something goes wrong?

In reply to an earlier post on May 30, 2012 4:56:37 PM PDT
no country has ever failed because some people are successful

the poor ye will always have with you

you can no more stop the tides from coming in and going out
than you can to make things 'fair' ecomonically

you can make it equal by causing everyone to have nothing

but you cant do better with your communist socialist fascist schemes than the market place can

Posted on May 30, 2012 4:59:27 PM PDT
Mende Mui says:
Oh, an entire continent failed because a small percentage of the people control the majority of the wealth; Africa...!

In reply to an earlier post on May 30, 2012 5:09:24 PM PDT
Magna Carta says:
Before the industrial revolusion in 1750 2% owned most land in the UK, when the capitalists and mill owners got started, more and more people became more and more wealthy, including factory workers. The 2% owned less and less, and the 98% owned more and more, since there was more wealth to share.

The richest man ever was Rockefeller at 1/97 of US GDP, no one has ever come even close to that number since, and never will.

In reply to an earlier post on May 30, 2012 5:14:25 PM PDT
VicAriel says:
>what country has ever taxed and spent its way to prosperity ?<

Please provide a transcript of the question asked and Clinton's response. I don't trust your conclusions. You are easily confused.

In reply to an earlier post on May 30, 2012 5:15:19 PM PDT
do your own research

it was all over the tv news when he was running for pres

Posted on May 30, 2012 5:16:13 PM PDT
Last edited by the author on May 30, 2012 5:18:54 PM PDT
Mende Mui says:
Actually the industrial revolution in England kind of created a problem; through machinery, people could produce more but needed more land so what did the English government do?.... Start expelling most residents to places like Australia, New Zealand etc. to free up impoverish people who migrated to the cities because land was becoming rare. The British government all through out the years dealt with the inadequacies of the industrial revolution by sending poor people abroad.

Whatever the case, u forgot about how the U.S government basically had to burst the oil monopolies among other thing to make sure every one made it in America. How do u think America became a wealthier nation?

In reply to an earlier post on May 30, 2012 5:16:42 PM PDT
VicAriel says:
You obviously didn't.

In reply to an earlier post on May 30, 2012 5:16:56 PM PDT
DEEZUS says:
nice. you post something and then ask others to do the research.

which means you didn't do the research...you just c/p'd from someplace else.

In reply to an earlier post on May 30, 2012 5:17:16 PM PDT
C. Batty says:
1. America
2. England
3. Sweden
4. Germany
5. Norway.
6. All of them.

In reply to an earlier post on May 30, 2012 5:17:17 PM PDT
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In reply to an earlier post on May 30, 2012 5:17:55 PM PDT
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In reply to an earlier post on May 30, 2012 5:21:01 PM PDT
Mende Mui says:
"too much spending. too much taxing. too much of both"

- U lie, a huge part of the current deficit was because some smart dude decided to cut taxes and go to war at the same time. And when the so called banks failed, the government had to bail them out because they were too big to fail. That's an inadequacy of financial capitalism...!

In reply to an earlier post on May 30, 2012 5:21:23 PM PDT
DEEZUS says:
why would I have a history book with Clinton in it? I'm 37 years old.

If it happened as you said it did, you can provide the evidence...or admit that you're a dirty liar.

In reply to an earlier post on May 30, 2012 5:21:44 PM PDT
Magna Carta says:
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Posted on May 30, 2012 5:23:11 PM PDT
Last edited by the author on May 30, 2012 6:03:18 PM PDT
Mende Mui says:
I agree that mass-production is good but it's not good when the jobs are being created in China even with tax cuts; I would say lets cut spending and give corporations more tax cuts if they created jobs here but they don't.

They want a developed country to compete with a non developed one over wages...; that's why people have been calling it a "race to the bottom".

In reply to an earlier post on May 30, 2012 5:39:07 PM PDT
Last edited by the author on May 30, 2012 5:43:06 PM PDT
Magna Carta says:
If your scenario is correct, that lower wages in China causes US jobs to go there.
Then why does Spain loose jobs to higher wage Germany? You would think that there are more than enough workers in Spain, ready at 25% unemployment vs. 7-8% in Germany.

In Spain there are high 'firing costs', you could end up paying several months even years in compensation, for letting an employee go. This is also the case for Greece, Italy and France, and guess where the high unemployment occurs; France, Italy, Greece and Spain.

Which countries are hardest hit by the economic crisis; Greece, Spain, Italy and France.

Posted on May 30, 2012 5:43:38 PM PDT
Last edited by the author on May 30, 2012 5:56:15 PM PDT
Mende Mui says:
Yes, and Germany is a social market economy with a very structured labor market; they have a union that basically work with the private sector on everything. They have a good understanding about what's good for their country.. something America is missing. Germany is outdoing these other countries because they concentrated more on a manufacturing side of things rather than the financial side of the fence; they don't have to worry about big banks going burst because of derivatives.

I don't support firing costs and I don't understand why it was implemented in the first place. If a worker refuses to do his job, fire him and hire somebody to do it.

In reply to an earlier post on May 30, 2012 9:00:22 PM PDT
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In reply to an earlier post on May 30, 2012 9:01:40 PM PDT
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In reply to an earlier post on May 30, 2012 9:07:57 PM PDT
DEEZUS says:
ah...so you don't have it?

that's cool.

liar.

In reply to an earlier post on May 30, 2012 9:20:00 PM PDT
Lientje says:
Scandinavian countries.
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Discussion in:  Politics forum
Participants:  17
Total posts:  64
Initial post:  May 30, 2012
Latest post:  May 31, 2012

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