Drudge Retort: The Other Side of the News
Sunday, February 09, 2020

Jonathan Chait: It is always darkest, John McCain used to say, before it gets totally black. So it is for the American center-left right now.

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Not gonna lie, this is a pretty grim assessment of the race at this point.

#1 | Posted by leftcoastlawyer at 2020-02-08 09:07 PM | Reply

Anybody but Trump, right?

So get to it - supporting Bernie.

#2 | Posted by SheepleSchism at 2020-02-08 09:25 PM | Reply

Just a hunch, but I suspect Mayor Pete is more likely to top Trump than Bernie.

#3 | Posted by sentinel at 2020-02-08 09:45 PM | Reply

Why is everyone so sure Bernie can't win? No one thought Trump could win until he did. Seems to me the old playbook is obsolete. If Trump could sweep the republican primary's and then win the general election against "the most qualified candidate in history" which few saw him doing ahead of time,what makes anyone think that these predictions about Bernie are any more accurate? I think many corporate Dems would rather see Trump win than Bernie and that is what is really driving all the talk about Bernie's supposed "unelectability". Real left politics scares the living schitt out of the right wing but many Americans are for real change now and if not Bernie in 2020 than someone else later. Is the stupidest man ever elected president really less dangerous than "sochulism"?

#4 | Posted by Effeteposer at 2020-02-09 03:03 AM | Reply

Trump will paint Bernie as a commie and that will hurt him in the battleground states. That is why the DNC is worried.

#5 | Posted by bored at 2020-02-09 03:30 AM | Reply

"The Democrats' takeover of the Virginia statehouse includes advancing legislation that would give driver's licenses to as many as 300,000 illegal immigrants in the state."

-Dem vote harvesters

#6 | Posted by Greatamerican at 2020-02-09 04:01 AM | Reply

"The father of Democratic presidential hopeful Pete Buttigieg was a Marxist professor who spoke fondly of the Communist Manifesto and dedicated a significant portion of his academic career to the work of Italian Communist Party founder Antonio Gramsci, an associate of Vladimir Lenin."

-Tree/Apple

#7 | Posted by Greatamerican at 2020-02-09 04:16 AM | Reply | Newsworthy 1

Ideas are ideas. If the left starts winning elections. Will the world end? Nulli and mattress seem to think so along with ---------. I think we might get rid of such stupidities as supply side economics and maybe rule by the rich. At the very least maybe we won't have Israel running the whole show. Bernie's a Jew but he seems to have israel's number more then any of the other Dems running for president this time around.

#8 | Posted by Effeteposer at 2020-02-09 04:54 AM | Reply

Why is everyone so sure Bernie can't win?...Is the stupidest man ever elected president really less dangerous than "sochulism"?

#4 | POSTED BY EFFETEPOSER

To your average American, yes.

Even though the average person would benefit most from a Bernie administration (and they say they want his type of policies), they've swallowed the lie that it's all about hard work and persistence and that "soshulizm" is bad.

I'm telling you, free college, student loan forgiveness and MFA will drive away a lot of the middle who are either too old to utilize two of them (college and loan forgiveness) and won't want to pay for them or will lose more than they gain by MFA without private insurance option.

#9 | Posted by jpw at 2020-02-09 11:27 AM | Reply

With MFA, why would anyone ever need a private insurance option?

Won't MFA cover everything needed? Isn't that the point of coverage for all?

#10 | Posted by Petrous at 2020-02-09 12:37 PM | Reply

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With MFA, why would anyone ever need a private insurance option?

Is this a serious question?

#11 | Posted by jpw at 2020-02-09 12:41 PM | Reply

"With MFA, why would anyone ever need a private insurance option?"

Well, the way it works in Germany, there's a baseline of coverage for everybody, but if you make enough money or work for the government youcan buy secondary insurance for things like a private room in the hospital.

Short answer, because there's a market for "more than baseline" coverage.

#12 | Posted by snoofy at 2020-02-09 12:49 PM | Reply | Newsworthy 1

Anther viewpoint, or maybe the same viewpoint...

"We're losing our damn minds": James Carville unloads on the Democratic Party
www.vox.com

...James Carville is "scared to death" of the November 2020 election.

In a rant on MSNBC that went viral on Tuesday evening, the longtime Democratic strategist vented his concerns about the party's prospects for beating Donald Trump, taking particular aim at the party's leftward lurch.

"Eighteen percent of the population controls 52 Senate seats," Carville said. "We've got to be a majoritarian party. The urban core is not gonna get it done. What we need is power! Do you understand? That's what this is about."

His diatribe took place against the backdrop of an Iowa caucus that had fallen into chaos and amid a rancorous ongoing debate among Democrats over the party's direction. He took particular aim at Sen. Bernie Sanders, who he fears could lead the party to defeat in November....



Interesting observation..."Eighteen percent of the population controls 52 Senate seats..."


#13 | Posted by LampLighter at 2020-02-09 07:05 PM | Reply

"Eighteen percent of the population controls 52 Senate seats," Carville said."

^
This is why America is as conservative as it is.
It's not because Americans want conservatism.
It's because the ruling class wants conservatism.

#14 | Posted by snoofy at 2020-02-09 07:07 PM | Reply | Newsworthy 1

There really isn't any correlation between the population of a state and its political leanings. Carville's point seems to be going over a lot of people's heads.

#15 | Posted by sentinel at 2020-02-09 07:32 PM | Reply

"There really isn't any correlation between the population of a state and its political leanings."

There really isn't any correlation between the political views of most Americans and the political leanings of American government either.

#16 | Posted by snoofy at 2020-02-09 08:36 PM | Reply

"Just a hunch, but I suspect Mayor Pete is more likely to top Trump than Bernie.
#3 | POSTED BY SENTINEL"

Mayor Pete cannot beat Trump because black males are not going to vote for a gay dude and black women are less likely to as well.

#17 | Posted by iragoldberg at 2020-02-10 06:43 AM | Reply

"Real left politics scares the living schitt out of the right wing but many Americans are for real change now and if not Bernie in 2020 than someone else later. Is the stupidest man ever elected president really less dangerous than "sochulism"?"

Negative Scott.

The economy is the best it's been in the history of this country. Other than a blowhard president, things are going very well. And it's that "real change" being demanded by the left that turns off the rest of the country. Even many within the Democratic party. And certainly amongst those like myself would vote for anyone to get rid of Trump. Anyone except Bernie anyway.

#18 | Posted by madbomber at 2020-02-10 07:03 AM | Reply

"Well, the way it works in Germany, there's a baseline of coverage for everybody, but if you make enough money or work for the government youcan buy secondary insurance for things like a private room in the hospital."

That wouldn't be allowed under Bernie's plan. Private healthcare would be banned.

And if you're an American living overseas, you generally purchase the supplemental care in order to gain access to the quality of care you're used to.

#19 | Posted by madbomber at 2020-02-10 07:07 AM | Reply

"This is why America is as conservative as it is. It's not because Americans want conservatism. It's because the ruling class wants conservatism."

More like all those people in flyover country want conservatism.

#20 | Posted by madbomber at 2020-02-10 07:07 AM | Reply

I like Bernie in a limited way: he is a man of conviction. He has never swayed with the political winds, choosing instead to steadfastly defend the worst economic platform in American political history. Liz Warren has jumped onboard his train, and Pete has familial Marxist bona fides. Regardless of who gets the nod, if the Democrats run a socialist against Trump, Trump will win in 2020. It's the economy, stupid. The article holds up Booker and Harris and that mouth-breather Beto as moderates...and they were nutjob leftists, too. Bloomberg is just a series of causes...not a platform..and the hard left hates him fir being rich. Biden was the Democrats' one chance, perhaps other than Klobuchar, and they're pissing it away. I still can't shake the feeling that Hillary is the front-runner right now.

#21 | Posted by MUSTANG at 2020-02-10 07:55 AM | Reply

More like all those people in flyover country want conservatism.

#20 | POSTED BY MADBOMBER

More like ENOUGH people want "c-c-conservatism".

en.wikipedia.org

#22 | Posted by jpw at 2020-02-10 08:13 AM | Reply

"The Democrats' takeover of the Virginia statehouse includes advancing legislation that would give driver's licenses to as many as 300,000 illegal immigrants in the state."
-Dem vote harvesters

#6 | POSTED BY GREATAMERICAN

Since when did having a driver's license mean you could vote?

Meth isn't the answer, buddy.

#23 | Posted by Sycophant at 2020-02-10 11:39 AM | Reply

Since when did having a driver's license mean you could vote?
#23 | POSTED BY SYCOPHANT

Give it time ... Besides, they don't need to vote, that's half of a representative in Congress.

#24 | Posted by AndreaMackris at 2020-02-10 11:46 AM | Reply

The economy is the best it's been in the history of this country.

#18 | POSTED BY MADBOMBER

What are you talking about?!

The only bright news is the DOW is up since Trump took office but its been riding the Obama train and a $5 trillion "tax cut" (i.e. loan from future generations). And the DOW is only up 4,000 points since Trump's first major economic policy: the tax cut.(Really only 3,000 points once you account for inflation)

Job growth is down since Obama left office. Manufacturing output and orders are down. Manufacturing hiring has crashed since Obama left offices. Wages are barely outpacing inflation (0.7%). We have a severe lack of educated workers with the needed skills to fill many openings. Farm Bankruptcies are up 20% and we had to bail farming out with a $28 billion gift just to keep it from going higher. Less people have health insurance than several years ago. The national deficit has doubled under Trump. Government spending is up. We have a trade war costing us nearly $100 billion a year. Auto loans are about to have a crisis. And education and medical costs are still outpacing wage growth.

Trump is borrowing $500 billion per year and pumping it into the economy and we still have all these issues.

#25 | Posted by Sycophant at 2020-02-10 11:57 AM | Reply

"Job growth is down since Obama left office. Manufacturing output and orders are down. Manufacturing hiring has crashed since Obama left offices. Wages are barely outpacing inflation (0.7%). We have a severe lack of educated workers with the needed skills to fill many openings. Farm Bankruptcies are up 20% and we had to bail farming out with a $28 billion gift just to keep it from going higher. Less people have health insurance than several years ago. The national deficit has doubled under Trump. Government spending is up. We have a trade war costing us nearly $100 billion a year. Auto loans are about to have a crisis. And education and medical costs are still outpacing wage growth."

See, anyone can take key talking points that are bad and ignore all the good. While the statement that our economy is best in history is ridiculous, trying to spread hate by getting people to believe the economy is crap is just as bad. None of your points point to a bad economy except the deficit. But if you look at the entire history of the deficit, you will see times when it more than doubles or goes down to extreme amounts, so that isn't even any kind of measurement of economic health (although at this point it's gotten so absurd that any POTUS who doesn't come out better than he started should be publicly flogged). In fact, for several years Obama's deficit numbers were worse than Trumps. It's a cycle and not an annual measurement to make decisions off of (again, excepting the fact that every POTUS should try to get us into the positive but none of them have). In other words, none of your points provide anything but hate and nothing that actually shows the true picture. You are just as guilty of pandering as the GOP.

#26 | Posted by humtake at 2020-02-10 12:28 PM | Reply

"What are you talking about?!"

Median household income is at an all-time high. On top of that, unemployment is very low as well.

So it's going to be pretty tough to convince people that they're doing so poorly that their only hope is to allow the government to control the economy...especially when one can quickly point to examples like Venezuela as to what happens when a government ruthlessly pursues socialism.

#27 | Posted by madbomber at 2020-02-10 01:56 PM | Reply | Newsworthy 1

"While the statement that our economy is best in history is ridiculous"

How is it ridiculous? perhaps the best metric for economic success is median household income, which is at an all-time high. Is there some historical era that you can point to as being better than the present?

#28 | Posted by madbomber at 2020-02-10 01:57 PM | Reply | Newsworthy 1

It's all an unsustainable bubble built on low interest rates and QE. When the bottom drops out, and it will, you will look unbelievably STUPID.A truly good economy would have high interest rates combined with low unemployment and rising wages. Workforce participation would also be high,not the record lows we are seeing now. People would not be drug addicts and killing themselves enough to lower average life expectancy. 3 people would not own more wealth than 100,000,000 people. Stock prices would not swoon every time the fed even TALKED about raising rates. In short,your "BEST ECONOMY IN HISTORY" is a total fiction.

#29 | Posted by Effeteposer at 2020-02-10 03:11 PM | Reply

#29

There's a lot going on there, Champ. Maybe you want to break each of those out individually. Because I'm not sure how you can make the claim that three people wouldn't own more than 100,000,000 people unless there was some agency in place to prevent it from happening. Because in a free market, in a free economy, it is. In a free market, income inequality is going to be rampant. Because some people are incredibly valuable. Others...not so much. And given the freedom to do so, individuals are going to allocate wealth in the manner that befits them best. Which will inevitably result in some getting rich, and (at least in the US), some getting less rich.

#30 | Posted by madbomber at 2020-02-10 03:33 PM | Reply

The rich BUY policy,Champ,Our system was openly corrupted by CU in 2010. Before that most of the money we now have in politics would have been criminally illegal. Progressive income taxes were put in place for a reason. Maybe you don't like it but 3 people having more than 100,000,000 is neither sustainable nor wise.Eventually those 3 always end up getting it in the neck and you know it. That's why you are so afraid of "leftists" under the bed. That kind of economic injustice is why we had communism and revolution over the years. The rich would sleep better and live longer if they would learn to share their toys more in the sandbox. Just my two cents worth,"champ".

#31 | Posted by Effeteposer at 2020-02-10 04:59 PM | Reply

"Because I'm not sure how you can make the claim that three people wouldn't own more than 100,000,000 people unless there was some agency in place to prevent it from happening."

Sorry, no idea what this means.
Can you try again, but without the quadruple negative?

#32 | Posted by snoofy at 2020-02-10 05:31 PM | Reply

Anybody but Trump, right?

So get to it - supporting Bernie.

#2 | POSTED BY SHEEPLESCHISM AT 2020-02-08 09:25 PM | REPLY |

I could see myself voting for Bernie, but supporters like you are not helping his case.

#33 | Posted by cbob at 2020-02-10 07:50 PM | Reply

#33 that's the joke.

#34 | Posted by snoofy at 2020-02-10 07:53 PM | Reply

#33 Who cares about me when the future is anybody but Trump?

But don't worry, you'll never get to vote for Bernie in the general anyways. You'll be told who you're allowed to vote for soon enough.

#35 | Posted by SheepleSchism at 2020-02-10 08:03 PM | Reply

#33 Who cares about me when the future is anybody but Trump?

^
Always a victim!

#36 | Posted by snoofy at 2020-02-10 08:06 PM | Reply

Thanks for the sage advice, wise one. Keep being you and see how many people you win over.

#37 | Posted by cbob at 2020-02-10 08:07 PM | Reply

#37 was in response to Sheeple. Duh.

#38 | Posted by cbob at 2020-02-10 08:08 PM | Reply

The only people who will vote Bernie are the Bernie supporters. He's nobody's second choice. He will do worse than Hillary. In 2016 he did worse than Hillary. If he gets POTUS, nobody will work with him.

#39 | Posted by BruceBanner at 2020-02-10 08:29 PM | Reply

#29

Wow, a whole lot of ignorant going on in this post...it's like an Econ Madlibs written by a pre-Sociology major.

#40 | Posted by Rightocenter at 2020-02-10 08:37 PM | Reply

--pre-Sociology major.

lol. Remedial high school.

#41 | Posted by nullifidian at 2020-02-10 08:45 PM | Reply

Bernie has two big strikes against him.

1) He's too old. He'd be 79 if elected.
2) His policies are too left. Trump is a master at branding and he'll slap the socialist label on him so fast. Trump's base is deathly afraid of anything socialist.

#42 | Posted by Pirate at 2020-02-10 10:45 PM | Reply

Other than a blowhard president, things are going very well.

----

So you're happy with our debt and deficit levels?

#43 | Posted by Pirate at 2020-02-10 10:48 PM | Reply

So you're happy with our debt and deficit levels?

Can you actually say that with a straight face? I know, you still like the 60 trill Bernie in just a few of his programs he is pushing.

In what world do you people live in.

#44 | Posted by Crassus at 2020-02-10 11:37 PM | Reply | Newsworthy 1

Military spending should be cut at least 60 percent, that's about $600,000,000,000 we would have for human development HERE instead of more endless unwinnable wars. Even at that reduction our spending would dwarf every other nation's on Earth. We spend WAY too much on war and not enough on the green new deal. I will not apologize for wanting less for war and more for a living world in our future. American society is sick,we have lost our way.Militarism has poisoned our national discourse, it's like a drug, we need more all the time. Could our economy even survive without it at this point?

#45 | Posted by Effeteposer at 2020-02-11 01:22 AM | Reply

"The rich would sleep better and live longer if they would learn to share their toys more in the sandbox. Just my two cents worth,"champ".

You summed it up right there, fella. "Their" toys. Things they earned through the provision of goods or services. And logically they're going to keep those toys unless forced to give them up. And if they are forced to give them up, then there is no reason to put forth the effort necessary to acquire them.

You seem to be of the opinion that rich people should be obligated to use their unique talents and abilities to make others better off. I don't think I would waste my time doing that...there are plenty of more enjoyable ways to waste my time.

#46 | Posted by madbomber at 2020-02-11 06:27 AM | Reply

"That kind of economic injustice is why we had communism and revolution over the years."

Yeah. You seem to be ignoring the lessons history has taught us about communism. Because whatever you're characterizing as "injustice" (it's not) pales in comparison to the injustice that is inherent to socialism. Just ask the Ukrainians. And the Chinese. And the Russians. And the Hungarians. And pretty much every society that was ever infected by socialism.

#47 | Posted by madbomber at 2020-02-11 06:30 AM | Reply

"Sorry, no idea what this means. Can you try again, but without the quadruple negative?"

Sure.

Why wouldn't three people earn or own more than 100,000,000? Is there some natural scientific law that would prevent it from happening?

#48 | Posted by madbomber at 2020-02-11 06:31 AM | Reply

"Wow, a whole lot of ignorant going on in this post...it's like an Econ Madlibs written by a pre-Sociology major."

It's almost as if Nutcase and Bayviking hooked up and had a baby.

#49 | Posted by madbomber at 2020-02-11 06:32 AM | Reply

"Trump is a master at branding and he'll slap the socialist label on him so fast."

Trump doesn't need to do a thing. Bernie has already labelled himself a socialist. Not only that, but he's also pushing authoritarian progressive programs that only solidify that image.

#50 | Posted by madbomber at 2020-02-11 06:34 AM | Reply

"Military spending should be cut at least 60 percent, that's about $600,000,000,000 we would have for human development HERE instead of more endless unwinnable wars."

Or, you could cut military spending by 60% and give it back to the taxpayers. They may not be happy with exorbitant military expenditures, but they're going to be even less happy having that money taken for progressives to buy votes from people who want more free ----.

#51 | Posted by madbomber at 2020-02-11 06:36 AM | Reply

"We spend WAY too much on war and not enough on the green new deal."

Are you being serious?

I kinda feel like you're playing the caricature of a dingy progressive who has lost touch with reality. Hopefully this is not the real you.

Maybe you're actually some conservative just pretending to be stupid?

#52 | Posted by madbomber at 2020-02-11 06:38 AM | Reply

#45 | POSTED BY EFFETEPOSER AT 2020-02-11 01:22 AM | FLAG:

Your plan sheds 6.1 million civilian, middle class jobs.

You want to see approval ratings plummet? Go with that.

#53 | Posted by sitzkrieg at 2020-02-11 08:58 AM | Reply

Can you actually say that with a straight face? I know, you still like the 60 trill Bernie in just a few of his programs he is pushing.

In what world do you people live in.

----

I'm not a Bernie support nor a Democrat. Both parties suck because they put the party first.

#54 | Posted by Pirate at 2020-02-11 09:16 AM | Reply

Trump doesn't need to do a thing. Bernie has already labelled himself a socialist. Not only that, but he's also pushing authoritarian progressive programs that only solidify that image

----

I live in rural Illinois. Trump and the right wing pundits will dump truckloads of fuel to the existing fear and paranoia.

#55 | Posted by Pirate at 2020-02-11 09:21 AM | Reply

After Christianity Today wrote their op-ed piece saying Trump needs to go, Trump tweeted:

A far left magazine, or very "progressive," as some would call it, which has been doing poorly and hasn't been involved with the Billy Graham family for many years, Christianity Today, knows nothing about reading a perfect transcript of a routine phone call and would rather have a Radical Left nonbeliever, who wants to take your religion & your guns, than Donald Trump as your President. No President has done more for the Evangelical community, and it's not even close. You'll not get anything from those Dems on stage. I won't be reading ET again!

He's already laying the foundation.

#56 | Posted by Pirate at 2020-02-11 09:33 AM | Reply

"I live in rural Illinois. Trump and the right wing pundits will dump truckloads of fuel to the existing fear and paranoia."

And Trump would be smart to do so. Bernie has already staked out his claim on the far left...it would be very hard for him to walk it back. And his supporters don't want him to walk it back.

#57 | Posted by madbomber at 2020-02-11 09:52 AM | Reply

Which is why if the Dems want a chance they need to pass on Bernie, in my opinion.

#58 | Posted by Pirate at 2020-02-11 09:59 AM | Reply

they need to pass on Bernie, in my opinion.

#58 | POSTED BY PIRATE

My dog could run this country better than Trumpy.

Bernie would kick his corrupt fat --- out of office and into prison where it belongs.

#59 | Posted by donnerboy at 2020-02-11 10:53 AM | Reply

Are you going to be a campaign volunteer and help Sanders win California?

#60 | Posted by nullifidian at 2020-02-11 10:55 AM | Reply

Bloomberg has already paid for California.

#61 | Posted by lee_the_agent at 2020-02-11 11:40 AM | Reply

#45 I mean progressive taxation not theft. If you haven't noticed corporations pay almost nothing in taxes. Capital gains are taxed at LESS THAN HALF of what wages are.Now why is that? It seems to me that the rich are the ones stealing from everyone else. But you make them sound like poor victims of mean bad "leftists" whatever that means. The truth is the wealthy are stealing productivity gains from everyone else and BUYING legislation to make that legal.

#62 | Posted by Effeteposer at 2020-02-11 03:51 PM | Reply

"Why wouldn't three people earn or own more than 100,000,000? Is there some natural scientific law that would prevent it from happening?"

I guess I still don't get it.
What's natural about money?
Money is what sets us apart from the animals. Even Jerry Seinfeld knows that.

#63 | Posted by snoofy at 2020-02-11 03:59 PM | Reply

#53 So I am right,we are addicted to militarism and war,we cannot survive as a society without them. We need the jobs too much to stop. Is that it? Perhaps expanding our infrastructure and developing our inner cities and blighted rust belt flyover country is a better way to spend that money.Or is rebuilding our deindustrialized heartland too ,"socialist" for you? The fact is the military is government too. Why is it never referred to as socialist? Huh?

#64 | Posted by Effeteposer at 2020-02-11 04:05 PM | Reply

"Your plan sheds 6.1 million civilian, middle class jobs."

Not if the money cut from the Pentagon gets spent elsewhere, like on jobs that actually create wealth, unlike military spending which creates inflation.

#65 | Posted by snoofy at 2020-02-11 04:09 PM | Reply

Why do we have unlimited resources for killing and aggression,but no money to help anyone here?Why billions for Israel to slaughter their neighbors and minority population and nothing for MFA? Aren't domestic jobs here as good or better than new bombers and drones to.murder the innocent? Nobody ever asks the military how are we going to pay for it..we just cough it up in the name of "freedom". Well to me, that's just,HORSESCHITT!!

#66 | Posted by Effeteposer at 2020-02-11 04:13 PM | Reply

Does this article identify what it considers to be "mainstream democrats"?

The biggest issue with the party is figuring out what a Democrat is, who the party represents.

Liberals or moderates.

It can't represent both.

Sanders/Warren and Biden/Buttigieg don't have the same goals for the future of this country. AOC and Pelosi don't either.

A viable third party is needed.

#67 | Posted by ClownShack at 2020-02-11 04:18 PM | Reply

Why do illegals need a driver's license? If they cannot be legally enployed, who pays their car insurance, pays for their gas, and pays for their car maintenance?

#68 | Posted by Petrous at 2020-02-11 04:39 PM | Reply

Why do illegals need a driver's license?

For the same reason we all do.

If they cannot be legally enployed,

Seems they are able to find employment.

who pays their car insurance, pays for their gas, and pays for their car maintenance?

They do. As well as rent and sales taxes. Plus, they spend money in the community they live in, helping local economies.

#69 | Posted by ClownShack at 2020-02-11 04:48 PM | Reply

They cannot be legally employed. License contribute to crime. Without transportation, what would happen to illegals?

They'd have to walk.

#70 | Posted by Petrous at 2020-02-11 04:51 PM | Reply

#45 I mean progressive taxation not theft. If you haven't noticed corporations pay almost nothing in taxes.

What if I told you that corporate taxes were regressive taxes, with the cost passed on to consumers, disproportionately shouldered by the lower class?

#71 | Posted by MUSTANG at 2020-02-11 04:57 PM | Reply

#71

If I told t=you that that meme is a tired old corporate scare tactic to keep their poor voter base in line, would you care?

Even rwingers who argue against corporate taxation, don't believe that nonsense.

"Probably most people assume that the corporate income tax is largely paid by consumers of its products or services. That is, they assume that although the tax is nominally levied on the corporation as a whole, in fact the burden of the tax is shifted onto customers in the form of higher prices.

All economists reject that idea."

Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul.

economix.blogs.nytimes.com

#72 | Posted by Corky at 2020-02-11 05:15 PM | Reply

#72 So they just cut profits? Good to know.

#73 | Posted by MUSTANG at 2020-02-11 06:42 PM | Reply

Thanks for answering my question.

You don't care that that meme is a tired old corporate scare tactic to keep their poor voter base in line.

Got it.

#74 | Posted by Corky at 2020-02-11 07:17 PM | Reply

"Not if the money cut from the Pentagon gets spent elsewhere, like on jobs that actually create wealth, unlike military spending which creates inflation."

I'm just curious to know what jobs you view as actually creating wealth. Doesn't really feel like your area of expertise.

#75 | Posted by madbomber at 2020-02-12 02:01 AM | Reply

"I'm just curious to know what jobs you view as actually creating wealth."

I'm curious what jobs you say don't.

#76 | Posted by snoofy at 2020-02-12 02:35 AM | Reply

Most government jobs, for a start. At best, some support wealth creation. Many more simply operate completely outside the context of wealth creation.

It's OK for people to earn an income conducting activities that don't contribute to wealth creation, but when those activities are taxpayer funded, they need to be carefully scrutinized.

#77 | Posted by madbomber at 2020-02-12 02:50 AM | Reply

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