Topic: Left/Right Economics

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Posted at November 27, 2014, 8:26 pm:

This thread is for the discussion of economic viewpoints, the economic policies followed by right-wingers and policies followed by left-wingers.

Basic run through of economic viewpoints:

Reaganomics (right-wing): More or less, tax breaks to big companies and "the rich" with the purpose of those companies then being able to hire more people. More people hired means companies can grow develop, and the whole economy grows with it.

"Clinton"omics (left-wing): More taxes, especially for those making more money. More money is sent to the poor and social programs such as welfare. The idea of the system is to help the poor and unemplyed back on thier feet to again become economically productive Citizens.

Dont think i've ever seen a thread like this, so lets see if it works

Original of the message was taken from http://www.sputnikmusic.com/forums/

Replies:

I disagree with both ideas because they involve the government giving ...

this thread is juvenile i think both plans have places where they can...

Reaganomics is taking less, left-wing economics is taking more

bill clinton didn't do anything even vaguely left wing

He tried to socialize medicare, and cut the defence budget by 10 billi...

I like the idea of not having to spend much money to begin with, and a...

this sounds like how you would describe economics to a first grader/re...

Taking from some and giving to others

They wont stop raising prices, but they'll grow into a larger company.

Maybe if they're desperate, the tax break will prevent it.

um that's not left wing

Why not have the same tax rate for everyone? Seems logical and fair t...

ok explain the logic

Everyone pays the same rate.

Taxes aren't supposed to be fair.

How is Clinton left wing? I would agree he is left of Reagan or Bush b...

This is coming from a hat everyone.

Yeah but "fair" can be applied any number of different ways.

that was the worst run through of economic thought, ever.

I'm dissapointed in all of you You've been discussing for more th...

I don't know much about economics, but I don't think the rich need any...

The key to a successful free market economy is a living wage minimum, ...

Once again, I know nothing of economics, but that makes a lot of sense...

killing all the jews is also another important factor into my theory a...

Melgibsonism?

you're right, you don't know much about economics.

Huh? It was just an elucidation of the many meanings of "fairn...

when i said explain the logic i meant explain how that would help the ...

not really, it was more of an explanation of two different ways a mixe...

Many things can only be done by corporations.

hey even better abolish minimum wage

uh oh.

Because the poor can never be poor enough!

yeah, clinton talked about it, hence why they said he tried to sociali...

no it's not it's very the cold war was over and he didn't think we ha...

its pretty hard not to be poor when you can't get a job, too.

No.

i will say i disagree with that however.

I've missed something here.

what does banning people from working below a certain price point have...

No.

He's saying people won't employ unskilled workers because they can't a...

no skills doesn't mean they're incapable of contributing it just mean...

This is true.

So why can't they be paid minimum wage for that? It's not that much mo...

because no one will hire them at a loss damn man

looks like i was talking to the threadstarter than.

I understand what you're saying.

we should abolish income taxes altogether

where is government going to get its money from?

yeah i heard that you aren't allowed to tax anything besides income!

I think income tax provides a bit too much revenue for the government ...

um other taxes are equally adept at generating revnue

I dont think they could generate enough to make up for a total lack of...

income tax is a harmful economic result

any tax can be a harmful economic result, but we gotta have them

The current income tax is horribly sloppy

all income taxes are disencentives to work

Just curius, do you mean anything by this?

With all the various kinds of deductables and whatnot, it's difficult ...

what form of tax do you think would be better, tway? a large tax on c...

We could always legalize prostitution and drugs.

that's probably a worse idea than income taxes

then what solution do you propose?

that doesn’t work.

i think i remember him wanting a wealth tax, which probably isn't a ba...

Just like Germany in the 1920ies.

Refl printing more money is like the typical pseudo-economical person'...

the funny part is that half of the worlds countries have tried it at o...

hell half or more are probably doing it as we speak

They used to bring wheelbarrows full of money to go grocery shopping

Yeah Robin Hood had some good ideas he just took it a little to far.

It's a good idea once you don't get caught.

I think estate tax is pretty good.

waiting for people to die to tax them is ridiculous and it's an easy...

Increasing liquidity in money supply isn't always bad.

It would provide a nice incentive for people to stay alive

Well that's also not fair.

they've already got one, though

They also appear to have plenty of incentive to work, leading me to co...

no it's an absolute and factual certainty that taking away some of the...

I really dislike conservatives who dislike taxes.

um, you've gotta deal with basic economic realities no matter how many...

Yeah, hospitals, highways and schools sure suck.

Yeah, technically.

Purchases.

For one who sees nothing but himself.

or instead: For one who sees the world as it is.

Against the larger incentive to.

In the same way that having to wipe your *** is a disincentive to poop...

I don't see a problem with income tax.

like almost all things, leisure time has a diminishing rate of return,...

I don't see the connection between leisure hours and income tax.

Dropper- reading comp 101: F

its hard to comprehend a poorly written jumble of char...

You can't control the amount of crap you need to **** out your arse no...

ahahah this thread is pure gold

Any thread that involves as indepth discussion about the process of ex...

yes you can

don't be so ****ing anal about it.

but you are free to reformat the characters however you please

lmao ahahahlkasdl;ska i am seriously lollin right now

Garth, that was a haiku.

thread has reached critical mass of lulz prepare for shutdown

income taxes tax the hours that you work any hours where you are not ...

Nothing.

we still talking about ****?

Garth?

i hope so futue i hope so for the sake of the economy

It's a movie quote.

i don't understand haiku i never did i never will Is that some go...

5 syllables 7 syllables 5 syllables i know it's stupid foreigner poet...

english makes haiku far too easy it's supposed to be an art form I'...

oh darn the thing with syllables, what's up with that this style rea...

It's not really possible to write authentic haiku in English.

Blah stressed and unstressed That's why I worked on my own Custom made...

ooo didn't know that

You can try, but it won't be the real deal.

yeah i get it

kk.

This point is absurd.

Do neither of you understand seriously understand marginalism, or are ...

I reject it in favour of the labor theory of value, because I'm a brai...

I think it's hilarious that you think the two ideas are incompatible, ...

That's not the main point

I see the world as it is, I am very sane and don't see income tax as a...

The main point is some retarded technicality that has no bearing on re...

its a disincentive to work harder or acheive more.

so the amount you're being paid has no bearing on whether you work or ...

Limited bearing.

you guys still talking ****?

no.

I was being facetious.

Proof that this happens in practice and not just in theory plz

I'm a very big advocate of traditional, conservative, supply-side econ...

I haven't even started yet!

I wouldn't say income tax is really a disincentive to work.

do you have a job

Yes, they do.

Right, because that's what state-funded education told me.

you have no understanding of this

The government clearly has an incentive to keep social programs well m...

i say their both equally accountable.

:-o

Yeah I do although it's just a summer job so I get all the money back ...

do you get what i mean when i say marginal this is not an all-or-noth...

I've honestly forgotten what the hell we're talking about anymore.

You're completely hopeless

That's entirely opinion.

Well, it's implied that there is a point where marginal cost exceeds m...

I was definitely right whatever the argument was though.

don't I always?

this has nothing to do with getting raised into the next tax bracket ...

That depends on your definition of "better job.

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