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Drudge Retort: The Other Side of the News
Thursday, May 23, 2024

Poll: Nearly three in five Americans wrongly believe the US is in an economic recession, and the majority blame the Biden administration, according to a Harris poll conducted exclusively for the Guardian. The survey found persistent pessimism about the economy as election day draws closer.

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More results from the poll...

... The poll highlighted many misconceptions people have about the economy, including:

- - - 55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing.

- - - 49% believe the S&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year.

- - - 49% believe that unemployment is at a 50-year high, though the unemployment rate has been under 4%, a near 50-year low.

Many Americans put the blame on Biden for the state of the economy, with 58% of those polled saying the economy is worsening due to mismanagement from the presidential administration.

The poll underscored people's complicated emotions around inflation. The vast majority of respondents, 72%, indicated they think inflation is increasing. In reality, the rate of inflation has fallen sharply from its post-Covid peak of 9.1% and has been fluctuating between 3% and 4% a year.

In April, the inflation rate went down from 3.5% to 3.4% -- far from inflation's 40-year peak of 9.1% in June 2022 -- triggering a stock market rally that pushed the Dow Jones index to a record high. ...



#1 | Posted by LampLighter at 2024-05-23 01:29 PM | Reply

Absolutely stunning to me.
I erased a whole lot of commentary; but no need.
Res ipsa loquitur.
And what it says damns those polled.

#2 | Posted by YAV at 2024-05-23 01:39 PM | Reply | Newsworthy 1

Damn librul media...

#3 | Posted by Angrydad at 2024-05-23 03:34 PM | Reply

People know when they're struggling to get by.

The well off have never had it better. They see no problems.

There aren't enough of them to win national elections.

The Dems pooh poohing the economic travails of the bottom 50% will bite them on the ass.

Snatching defeat from the jaws of victory.

It may not be a true recession, but plenty of people are struggling and saying it's their imagination won't get anyone elected.

Except Trump. Who panders to them while enriching the top
1%.

Biden is so tone deaf and the DNC so corrupted by big donors that they are going to blow this to everyone's misfortune.

Except the richest --------.

#4 | Posted by Effeteposer at 2024-05-23 03:50 PM | Reply | Newsworthy 1

I'm only going to channel Ray from back in the day here if I comment.

It's coming tho. And yes, if you keep saying that, you'll be right eventually, but every indicator has said one is coming for a very long while - and the current attempt to borrow and deficit spend our way out of it is only expanding the bubbles that WILL pop and crash that much harder.

I'm not only blaming Biden though. The groundwork for this was layed long ago, with artificially low interest rates since the 2008 recession. The fed was going to bring them up in Trump's term, and he leaned on them not to, to keep his economy artificially expanding. Then the Covid spending, with supply chains down, then Biden with his additional trillions which are still pouring into the economy, preventing the feds interest hikes from fully taming inflation.

I look at the stock market's record highs, the economists touting how amazing the economy is doing, and the average person meanwhile racking up record debt and record defaults - and see the roaring twenties all over again - somewhere around 1928.

#5 | Posted by zeropointnrg at 2024-05-23 04:04 PM | Reply


and the current attempt to borrow and deficit spend our way out of it is only expanding the bubbles that WILL pop and crash that much harder.

While this is interesting, I believe consumer credit, and savings rate changes to be a leading indicator.

Another thing I have noticed is there are less emails for jobs, and those jobs aren't giving more wages. I haven't changed anything on LinkedIn, just the market changed from Jan to now.


Then the Covid spending, with supply chains down, then Biden with his additional trillions which are still pouring into the economy, preventing the feds interest hikes from fully taming inflation.

Yep


look at the stock market's record highs, the economists touting how amazing the economy is doing, and the average person

Yeah those economists need to factor in 20-30% inflation. NVidia is keeping the market afloat. IMO

If there was a follow button, I'd follow your posts more you seem to have a good head on your shoulders.

#6 | Posted by oneironaut at 2024-05-23 04:17 PM | Reply

@#6 ... I believe consumer credit, and savings rate changes to be a leading indicator. ...

I do not disagree. Which is why I have been, for months, posting articles about rising consumer credit and the rising delinquency rate in paying it off.

... Yeah those economists need to factor in 20-30% inflation. NVidia is keeping the market afloat. IMO ...

I would have gone with the "the stock market is not the economy" adage that has been around for decades. :)

#7 | Posted by LampLighter at 2024-05-23 05:53 PM | Reply

Of course, they do. Most Americans are uninformed idiots.

#8 | Posted by jpw at 2024-05-23 11:06 PM | Reply

Democrats fail at messaging.

They allow republicans to dictate the narrative.

Also. Doom media sells better than telling people everything is getting better.

Capitalism destroys everything.

#9 | Posted by ClownShack at 2024-05-23 11:16 PM | Reply | Newsworthy 2

@#9 ... Democrats fail at messaging.

They allow republicans to dictate the narrative. ...

That's been my view for months (years? I dunno)

But yeah, Democrats lack a message.

So maybe the Democrats need to stop being so truthful, and start down the path of the four-lane highway of prevarication that the Republicans have paved?


#10 | Posted by LampLighter at 2024-05-23 11:23 PM | Reply

Or buy more airtime and learn how to engage on social media

#11 | Posted by ClownShack at 2024-05-23 11:30 PM | Reply

@#11

That too.

:)

#12 | Posted by LampLighter at 2024-05-23 11:32 PM | Reply

Democrats fail at messaging ... ..
They allow republicans to dictate the narrative. ...

It's one thing to have "message" about something people aren't experiencing.

But when your messaging is contrary to people's experience it's just going to fail, miserably I might add.

#13 | Posted by oneironaut at 2024-05-23 11:38 PM | Reply

@#13 ... But when your messaging is contrary to people's experience ...

Yeah, that is the problem.

What people are experiencing is not a cut and dry thing.

It is influenced by many factors, affecting how they feel.

The problem the Democrats seem to have is that they cannot convey the strength of the economy, or the strength of the labor market.

But that's always been a problem for the Democrats.

On the other hand, lately, there seems to be a decrease in job offers "out here."

US Job Openings Hit Three-Year Low, Showing Cooling Labor Market (May 1, 2024)
www.bnnbloomberg.ca

One thing that comes to my mind is that, while the job openings seems to be decreasing, companies are not yet laying off employees.

Yet.

They are holding on to their talent.

#14 | Posted by LampLighter at 2024-05-23 11:59 PM | Reply

What benefits the owners of media?

#15 | Posted by LegallyYourDead at 2024-05-24 12:21 AM | Reply

@#15 ... What benefits the owners of media? ...

A better question to ask might be...

What benefits more the wealthy?


#16 | Posted by LampLighter at 2024-05-24 02:37 AM | Reply

It's because most Americans look at prices for necessities and how much hiigher they are than a couple of years ago relative to their income and it "feels" like a recession.

It's funny to watch JPW mock those who feel this way. Because when we were in an actual recession by the definition of the term he went ballistic gaslighting that 2 consecutive quarters of negative growth wasn't actually a recession.

The guy thinks studying mucus for a living makes him an expert on economics.

#17 | Posted by BellRinger at 2024-05-24 02:44 AM | Reply | Newsworthy 1

Sad thing is, we are NOT in a recession.
When the recession finally does hit,
half of America (due to poor life decisions and
poor money management decision, or due to factors
they had little to do with ((i.e. race)) will
not just be in a recession state fiscally, but a
Depression state...

State of Americans Savings Accts:

$500 - 1k in total savings = 8%
1k - 5k in total savings = 22%
5k - 10k in total savings = 8%
10k - 20k in total savings = 7%

= 45% of Americans have less than 20k in total savings

Ave Credit Card Debt by Age Group:

Gen Z =$3.2k
Millennials = 6.5k
Gen X = 9.1k
Baby Boomers = 6.6k
Silent Gen 3.4k

and this doesn't even include Student Loan Debt
or Medical Debt...

not looking good for many...

#18 | Posted by earthmuse at 2024-05-24 08:42 AM | Reply

Absolutely stunning to me.

#2 | POSTED BY YAV AT 2024-05-23 01:39 PM | FLAG:

Why? Home prices went up 43% in 4 years and loan rates are 9%, among all of the other inflationary pressure the vast majority of people face.

#19 | Posted by sitzkrieg at 2024-05-24 09:33 AM | Reply

If it's stunning to you, you are fortunate to live in an affluent bubble. The Biden admin pretending these issues were never real, until they were real, then it was everybody else's fault, is how you throw away an easy win just riding abortion into a second term.

#20 | Posted by sitzkrieg at 2024-05-24 09:35 AM | Reply | Funny: 1

"If it's stunning to you, you are fortunate to live in an affluent bubble."

Where's MadBomber to tell us how well off American poors are, globally speaking.

#21 | Posted by snoofy at 2024-05-24 09:39 AM | Reply

"Home prices went up 43% in 4 years"

It's the genius of Capitalism.
--Donald Rumsfeld

#22 | Posted by snoofy at 2024-05-24 09:40 AM | Reply

Where's MadBomber to tell us how well off American poors are, globally speaking.

#21 | POSTED BY SNOOFY AT 2024-05-24 09:39 AM | REPLY

He's not wrong either. Better to be poor in Mississippi than most of the rest of the world.

#23 | Posted by sitzkrieg at 2024-05-24 09:56 AM | Reply

"The Biden admin pretending these issues were never real..."

-Sitz...

The GOP once again blaming the very person who is trying to help them.

Let's see, Biden cut...

1. Student Loan debt for millions
2. More back in taxes this year than in years past
3. More tax cuts and tax breaks
a. install an electric efficient heat pump? tax credit up to 2k
b. energy efficient door? $500 windows? $600, new insulation 30% off cost installation
c. rooftop solar, geothermal, or battery storage, 7.5k off the cost of installation.

www.whitehouse.gov

Health Care benefits...

The Inflation Reduction Act " which President Biden and Congressional Democrats delivered "
tackles that problem and locks in on average $800 per year lower health care premiums for 13 million Americans,
lowers seniors' prescription drug prices, and caps their out of pocket expenses for prescription drugs at $2,000 per year.
The Inflation Reduction Act protects Medicare beneficiaries from catastrophic drug costs by phasing in a cap for out-of-pocket
costs at the pharmacy, establishing a $35 monthly cap per prescription of insulin, requiring companies who raise prices faster
than inflation to pay Medicare a rebate.

just to name a few things...

try READING... oh, that's right, GQP can't read...you are too busy banning books...

www.whitehouse.gov

Instead, you righties have the brilliant plan to TRUST IN TRUMP!
a man who lies as much as others breathe. You think he's going to
pay you? He can't/won't even pay his LAWYERS! You think he will do
anything for you?

If you do, here's your sign [MO-RON]

#24 | Posted by earthmuse at 2024-05-24 10:29 AM | Reply

It's funny to watch JPW mock those who feel this way.

Throw a rock at a pack of mongrels and the one who helps is the one who got hit ...

What people "feel" is irrelevant. That their buying power is lower isn't indicative of a recession. That they hear doom and gloom from whatever garbage source they get their info from isn't indicative of a recession.

The only relevant thing here is that they're voting off of a falsehood because they're too lazy and self absorbed to look things up and use words they don't understand.

Because when we were in an actual recession by the definition of the term he went ballistic gaslighting that 2 consecutive quarters of negative growth wasn't actually a recession.

LOL it isn't gaslighting to say that that simplistic lay definition doesn't cover all scenarios. It don't in that case because no other number or metric indicated recession.

I'm sorry you can only function in dumbed down simpleton land, but that's not anyone else's problem but yours.

The guy thinks studying mucus for a living makes him an expert on economics.

A claim I've never made.

And a whine you constantly use because your shallow ass arguments are easily dismantled.

The attempt at an insult is funny though. I've never once studied mucous, but if that's what you need to believe to be dismissive then have at it.

#25 | Posted by jpw at 2024-05-24 11:06 AM | Reply | Funny: 1 | Newsworthy 1

#24 | POSTED BY EARTHMUSE AT 2024-05-24 10:29 AM | REPLY

Everything you just listed is paid for out of deficit spending, dumping trillions of borrowed dollars into an already massively inflated economy, continuing to endure inflation at almost double the Fed's target rate, further devaluing our currency and proving why the "Inflation Reduction Act" ranks up there among the most deceptively named bills ever.

That's not doing anything good for the American people, unless you're part of the elite 1%. It's just increasing the regressive tax of inflation on those who can already least afford it. Even the Medicare changes end up causing damage, as pharmaceutical companies don't just eat those profit losses, they just pass them on to everyone else's insurance, making us pay more for medications.

Something like student loan forgiveness? That's just giving lenders an instant payout - once again, throwing more currency into the economy, to bail out those who are already higher earners at that, and does nothing to solve the actual problem which is skyrocketing higher education costs - which it actually encourages to keep rising. They know they're going to get paid.

Without in any way being pro-Trump - Biden is an abject failure. Everything he does is a half-assed non-solution that primarily rewards the rich and donor classes. Real solutions would be single payer, not passing Medicare costs onto the rest of us, nationalizing universities and higher education, making them open to the public as k-12 is currently, not paying off the loans of just the irresponsible students. He's not left-wing - he just spends like it. To the continued enrichment of those who already have too much, and the detriment of everyone else.

#26 | Posted by zeropointnrg at 2024-05-24 11:12 AM | Reply

The Biden admin pretending these issues were never real, until they were real, then it was everybody else's fault, is how you throw away an easy win just riding abortion into a second term.

#20 | POSTED BY SITZKRIEG

NW

As usual, the Dems will snatch seat from the jaws of victory.

#27 | Posted by jpw at 2024-05-24 11:22 AM | Reply

"Except Trump. Who panders to them while enriching the top 1%."

And the economy was a LOT better when he was doing it. This is because of the fact liberals are so bad at math. They can't see reality because the numbers don't work right in their head.

And, in the last 3 years, there is ample evidence that proves the script has flipped and Dems are the ones doing what is good for the rich and not what is good for the middle and low classes. I can't spell it out for you because liberals will never accept anything that isn't given to them by their masters, but reality is more true than liberal fantasy land.

#28 | Posted by humtake at 2024-05-24 11:44 AM | Reply

I've still never seen a clear explanation of how it's Bidens fault. Or what he could have done about it.

#29 | Posted by Whatsleft at 2024-05-24 11:57 AM | Reply

And you never will.

#30 | Posted by Doc_Sarvis at 2024-05-24 12:00 PM | Reply

Not when the idiots claiming it can't think deeper than basic temporal associations.

#31 | Posted by jpw at 2024-05-24 12:03 PM | Reply

- And the economy was a LOT better when he was doing it.

Trump inherited a great economy from Obama, then immediately began pushing Est Republican Tinkle Down on You Tax Cuts slanted to the Wealthy/Corporate AND paid for by Deficit Spending.

Trumpers who didn't see that when it happened are still in Denial... and still posting silly ---- on the internet pretending that Trump was ever for the working person.

#32 | Posted by Corky at 2024-05-24 12:31 PM | Reply

I can't spell it out for you because liberals
#28 | POSTED BY HUMTAKE

You can't spell it out for us because you have no idea what you're talking about.

#33 | Posted by snoofy at 2024-05-24 12:31 PM | Reply

"Real solutions would be single payer, not passing Medicare costs onto the rest of us, nationalizing universities and higher education, making them open to the public as k-12 is currently"

Those things aren't in play in American politics.
But: Trump is worse than Biden on all those things.

#34 | Posted by snoofy at 2024-05-24 12:35 PM | Reply | Newsworthy 1

" I've still never seen a clear explanation of how it's Bidens fault. Or what he could have done about it.

#29 | POSTED BY WHATSLEFT AT 2024-05-24 11:57 AM | FLAG: "

It's a problem that goes back decades. $trillion deficits. Debt that has exceeded GDP. Entitlement trajectory that is partially insolvent. Terrible monetary policy -. Think about how many years we had zero percent interest rates. The constant devaluation of the dollar via printing money (QE). Of course, the Biden admin and Congress have done everything they could to make it worse. Using pandemic spending levels as the new budget baseline was and is absurd. Massive new spending. Defying SCOTUS and continuing to transfer student loan debt to the taxpayers in a blatant attempt to buy votes.

Biden didn't cause the excessive inflation - that was coming no matter what. He and Congress just it worse.

#35 | Posted by BellRinger at 2024-05-24 12:35 PM | Reply

"It's a problem that goes back decades."

Decades of Republican tax cuts for the rich.

#36 | Posted by snoofy at 2024-05-24 12:36 PM | Reply | Newsworthy 1

" 25 | POSTED BY JPW AT 2024-05-24 11:06 AM | FLAG: | "

My point flew over your condescending head. Per usual.

#37 | Posted by BellRinger at 2024-05-24 12:37 PM | Reply

" Defying SCOTUS and continuing to transfer student loan debt to the taxpayers in a blatant attempt to buy votes. "

That's terrible!

Now do Trump and his offer of personal grift to oil executives.

Or have the outlets you frequent avoided that subject?

#38 | Posted by Danforth at 2024-05-24 12:39 PM | Reply | Newsworthy 1

"How the GOP Became the Party of the Rich

The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent"

"The Republican Party has totally abdicated its job in our democracy, which is to act as the guardian of fiscal discipline and responsibility," says David Stockman, who served as budget director under Reagan.

"They're on an anti-tax jihad " one that benefits the prosperous classes."

www.rollingstone.com

#39 | Posted by Corky at 2024-05-24 12:41 PM | Reply

"a blatant attempt to buy votes."

Is that a crime?
Is that wrong?

#40 | Posted by snoofy at 2024-05-24 12:42 PM | Reply

" It's a problem that goes back decades."

You're right. It goes directly back to when Dubya and Dick Cheney took surpluses budgets as far as the eye could see, and reset America's fiscal sites from record surpluses, to record deficits as far as the eye could see.

When they wrote its sequel, George W. Bush II, they made it worse. (Dubya: Didn't the richest get the benefit last time around? Cheney: We won the elections; it's our due.)

Then, not satisfied with 27% going to the worlds top 1%, the Trump code gives over 80% to the worlds wealthiest 1%, including more to foreign investors than to American workers.

So yes, the problem goes back decades. And there is one party which clearly deserves the blame ... At least according to the actual equation.

#41 | Posted by Danforth at 2024-05-24 12:50 PM | Reply | Newsworthy 1

93% of ALL stocks are owned by 10% minority.

Child care, medical care, tuition, rent, inflation of all products and services stagnates economic purchasing power.

Sales of homes dropped %19 in April and mortgages require more than %40 of income - unrealistic price fixing is a very real problem.

People who have dropped out of the workforce are not calculated making the net jobs increase artificially appear more significant.

The entire economic situation is distorted in favor of lies because average Americans are not a priority.

Biden never put out any ads regarding "Green New Deal", it wasn't voted on, it was just a campaign "promise".

No wealth tax and no universal healthcare even with %70 of Americans supporting it.

The attack on Democracy by capitalism is constant.

#42 | Posted by redlightrobot at 2024-05-24 12:51 PM | Reply | Newsworthy 1

Glad to hear 3 countries signed up to take refugees

#43 | Posted by kwrx25 at 2024-05-24 01:33 PM | Reply

"Then, not satisfied with 27% going to the worlds top 1%, the Trump code gives over 80% to the worlds wealthiest 1%, including more to foreign investors than to American workers."

Just to clarify, what you're saying is that the "Trump code" permits high income earners to keep more of what they earned, rather than having it confiscated and redistributed, correct?

#44 | Posted by madbomber at 2024-05-24 02:03 PM | Reply

High income earners are now allowed to purchase lawmakers off the shelf with unlimited dark money to write tax laws for them.

This is an unfair advantage that needs to be addressed, and the tax code is one way to do that... much like it was when FDR leveled the playing field and all Americans prospered.

#45 | Posted by Corky at 2024-05-24 02:07 PM | Reply

"High income earners are now allowed to purchase lawmakers off the shelf with unlimited dark money to write tax laws for them."

Huh?

Have you ever compared the tax rates for lower income earners in the US with their peers in Europe?

Is it the rich that are writing tax codes that explicitly favor low income earners?

#46 | Posted by madbomber at 2024-05-24 02:29 PM | Reply

"Then, not satisfied with 27% going to the worlds top 1%, the Trump code gives over 80% to the worlds wealthiest 1%, including more to foreign investors than to American workers."
Just to clarify, what you're saying is that the "Trump code" permits high income earners to keep more of what they earned, rather than having it confiscated and redistributed, correct?
#44 | Posted by madbomber at 2024-05-24 02:03 PM

What taxation is beneficial and does it ever benefit this magically wealthiest 1%?

Sounds like you have more of a globalist economic view, is that right?

#47 | Posted by redlightrobot at 2024-05-24 02:37 PM | Reply

you are too busy banning books...

#24 | POSTED BY EARTHMUSE AT 2024-05-24 10:29 AM | REPLY

I haven't banned anything. I'm the voice that told you Joe Biden was the ticket to beating Trump in 2019, and the voice that told you Elon Musk was a fraud for over a decade.

Now I'm the voice pointing out bad leadership on the only decisive election issue. Literally just giving away the game to Trump. It's a shame.

#48 | Posted by sitzkrieg at 2024-05-24 02:42 PM | Reply

and the only thing people can come back with is "Oh yeah, tax cuts!"

It's not a winning strategy.

#49 | Posted by sitzkrieg at 2024-05-24 02:42 PM | Reply

" Just to clarify, what you're saying is that the "Trump code" permits high income earners to keep more of what they earned"

No I'm saying if Trump's $2.3 trillion tax giveaway is all based on new borrowing, and 83% of it goes to the worlds wealthiest 1%, while the wealthiest 1% doesn't pay 83% of the taxes, it follows:

The equation becomes more unbalanced toward the wealthiest.

#50 | Posted by Danforth at 2024-05-24 02:43 PM | Reply | Newsworthy 1

#46

You may have missed Citizens United, Corporate Personhood, and Leo Leonard, Dark Money, and stacking the Supreme Court.... but the rest of us didn't.

Here, let's take you back to the beginning...

"How the GOP Became the Party of the Rich

The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent"

"The Republican Party has totally abdicated its job in our democracy, which is to act as the guardian of fiscal discipline and responsibility," says David Stockman, who served as budget director under Reagan.

"They're on an anti-tax jihad " one that benefits the prosperous classes."

www.rollingstone.com

So see, you are jihadist and didn't even know.

Just some advice, too... you are never going to be one of the ultra wealthy, so don't waste your time fighting their battles for them. They don't give you a second thought, and they already have your vote.

Oh, and... Leo Leonard:

https://www.politico.com/news/2023/05/02/leonard-leo-federalist-society-00094761#:~:text=Leo%20has% 20used%20the%20dark,according%20to%20federal%20disclosure%20forms.

https://newrepublic.com/article/172480/barre-seid-leonard-leo-dark-money-king

#51 | Posted by Corky at 2024-05-24 02:44 PM | Reply | Newsworthy 1

www.politico.com

newrepublic.com

#52 | Posted by Corky at 2024-05-24 02:48 PM | Reply | Newsworthy 1

" Trump's $2.3 trillion tax giveaway is all based on new borrowing ... "

Which, when passed, represented an additional 10% of all the debt we'd rung up since 1776.

Any economist out there want to tell the class what happens when too many dollars chase too few goods?

#53 | Posted by Danforth at 2024-05-24 02:51 PM | Reply | Newsworthy 1

Defying SCOTUS and continuing to transfer student loan debt to the taxpayers in a blatant attempt to buy votes.

Just stop talking. You're ------- clueless.

#54 | Posted by jpw at 2024-05-24 02:54 PM | Reply

My point flew over your condescending head. Per usual.

#37 | POSTED BY BELLRINGER

You didn't have a point.

You had your usual puling whose only purpose is to make you feel like your opinions aren't delusional or clueless.

#55 | Posted by jpw at 2024-05-24 02:56 PM | Reply

Although a British piece, replace the names with our cabal and the result is... astonishing?

CRUELTY EXPOSED: The Moral Vacuum of Starmer the Kid Starver's Labour 8.1K views 5 days ago

There is plenty of money for universal healthcare.

The government representatives are bribed not to implement it.

#56 | Posted by redlightrobot at 2024-05-24 03:11 PM | Reply

Seems odd how Democrats and FJB think that making a commitment such as to borrow money for college should be shared by all including those that do not even go to college. It is what and how they think and how they would run government and rob your estate. Never make a Democrat your executor and/or give them POA. They will find a reason to take what you have and spend it as though they earned it.

#57 | Posted by Robson at 2024-05-24 03:25 PM | Reply

Seems odd how Democrats and FJB think that making a commitment such as to borrow money for college should be shared by all including those that do not even go to college. It is what and how they think and how they would run government and rob your estate. Never make a Democrat your executor and/or give them POA. They will find a reason to take what you have and spend it as though they earned it.
#57 | Posted by Robson at 2024-05-24 03:25 PM

Tell me about it! I can't even get the gardener to replant the exterior foyer without "but my heart condition" this or "please release my children" that. Blah, blah, diablo, blah, blah.

#58 | Posted by redlightrobot at 2024-05-24 03:38 PM | Reply

"No I'm saying if Trump's $2.3 trillion tax giveaway is all based on new borrowing, and 83% of it goes to the world's wealthiest 1%, while the wealthiest 1% doesn't pay 83% of the taxes, it follows: The equation becomes more unbalanced toward the wealthiest."

OK.

Do you think the tax code should look more like the tax codes implemented by our partners in Europe?

#59 | Posted by madbomber at 2024-05-24 03:45 PM | Reply

The other thing...how do you give tax cuts to people who don't pay much in taxes to start with?

#60 | Posted by madbomber at 2024-05-24 03:46 PM | Reply

The other thing...how do you give tax cuts to people who don't pay much in taxes to start with?

#60 | POSTED BY MADBOMBER

How dumb do you have to believe this? Seriously, on a scale of 1 to 100 what is the level of simple cold hard stupidity you have to possess to conclude that ANYONE in America does not pay much in taxes?

Have you heard of:

1. Sales tax
2. Property tax
3. State tax
4. User fees
5. Tolls
etc. etc. etc.

You, sir, appear to be of an elite level of plain old imbecility.

#61 | Posted by truthhurts at 2024-05-24 03:50 PM | Reply

"So see, you are jihadist and didn't even know."

I'm an expat living overseas in a region where the rich pay more in taxes than they would in the US, but the poor pat far more.

And it's fair. It works. Everyone is a stakeholder.

In the meantime, the US is sorta the last Marxist country on the planet. "To each according to need, to each according to ability."

The last thing any progressive would want is for the US to look more like Europe. And as a litmus test, ask your friends if they would support a VAT, or doubling taxes on the first/second quintile income earners. As those earners if they would support it.

#62 | Posted by madbomber at 2024-05-24 03:50 PM | Reply

"You, sir, appear to be of an elite level of plain old imbecility."

Of course.

I've never stepped foot outside my trailer here in Possum Pouch, Arkansas...

Refresh my memory, what is it you do for a living?

#63 | Posted by madbomber at 2024-05-24 03:52 PM | Reply

"So see, you are jihadist and didn't even know."
I'm an expat living overseas in a region where the rich pay more in taxes than they would in the US, but the poor pat far more.
And it's fair. It works. Everyone is a stakeholder.
In the meantime, the US is sorta the last Marxist country on the planet. "To each according to need, to each according to ability."
The last thing any progressive would want is for the US to look more like Europe. And as a litmus test, ask your friends if they would support a VAT, or doubling taxes on the first/second quintile income earners. As those earners if they would support it.
#62 | Posted by madbomber at 2024-05-24 03:50 PM

Your adopted country must also pay a lot more for college? Does that debt follow those kids until their profession can afford the payments?

#64 | Posted by redlightrobot at 2024-05-24 03:55 PM | Reply

madbomber - Is bankruptcy from medical debt as commonplace as here?

#65 | Posted by redlightrobot at 2024-05-24 03:57 PM | Reply

" Do you think the tax code should look more like the tax codes implemented by our partners in Europe?"

No. Not progressive enough.

#66 | Posted by Danforth at 2024-05-24 03:59 PM | Reply

"Your adopted country must also pay a lot more for college? Does that debt follow those kids until their profession can afford the payments?"

No.

But they start getting screened for college in 4th grade. They only get into college if they show themselves to be a worthwhile investment of taxpayer dollars.

I'm a fan of that. Do you think you would be?

#67 | Posted by madbomber at 2024-05-24 04:06 PM | Reply

"You, sir, appear to be of an elite level of plain old imbecility."
Of course.
I've never stepped foot outside my trailer here in Possum Pouch, Arkansas...
Refresh my memory, what is it you do for a living?

#63 | POSTED BY MADBOMBER

Well, that is at least the 2nd lie you have posted in this thread, but whatever.

Or perhaps you could explain how poor people avoid paying those taxes I referenced?

Don't worry about what I do for a living, just rest assured I am smarter AND more ethical than you.

#68 | Posted by truthhurts at 2024-05-24 04:06 PM | Reply

But they start getting screened for college in 4th grade. They only get into college if they show themselves to be a worthwhile investment of taxpayer dollars.
I'm a fan of that. Do you think you would be?

#67 | POSTED BY MADBOMBER

America does that for student-athletes.

Just saying.

#69 | Posted by truthhurts at 2024-05-24 04:07 PM | Reply

"No. Not progressive enough."

That's what I thought.

The poor pay too much, and the rich not enough. Amiright?

#70 | Posted by madbomber at 2024-05-24 04:07 PM | Reply

Compared to benefits received?

#71 | Posted by truthhurts at 2024-05-24 04:08 PM | Reply

" how do you give tax cuts to people who don't pay much in taxes to start with?"

Well, the first thing you can do is stop pretending they don't pay taxes. What's happened in the majority of cases is other welfare has been shoved into the 1040. Folks who used to be counted as "paying taxes" under the pre-Reagan codes are counted as NOT paying taxes now.

Next you can stop pretending payroll taxes aren't worth more than income taxes when it comes to income. Up front tax cuts are worth a compounded 6-8% annually in constructive use of the money ...

... versus SS, which is the rough equivalent of a 2% bond with a maturity of 25 years.

The second equation is actually a moneymaker for the government, as it would be for any bank.

#72 | Posted by Danforth at 2024-05-24 04:11 PM | Reply

" The poor pay too much, and the rich not enough. Amiright?"

A trust fund baby making $52,000 in dividends from Abbott Labs pays NO federal taxes on that income. ZERO income taxes, ZERO Social Security taxes, and ZERO Medicare taxes.

Meanwhile, a janitor profiting $52,000 via his sweat of the brow labor, owes more than $10,000 in federal taxes, including thousands of dollars in income taxes.

So ... yeah, you're right.

#73 | Posted by Danforth at 2024-05-24 04:18 PM | Reply

"Don't worry about what I do for a living, just rest assured I am smarter AND more ethical than you."

For me to rest assured, you'd need to provide some evidence that you had credibility. I think in your mind, you're smarter and more ethical...but so does Snoofy, and I think that kid is one step past being a 45-year-old fry cook.

I don't need to agree with you to respect you or think you're a thoughtful (smart) person. I have nothing in common with Oliver Stone. or Noam Chomsky. But in specific areas their accomplishments and experiences are beyond reproach. Much the same way that many rational progressives respected John McCain.

You just seem to have a high opinion of yourself. But feel free to impress me with your accomplishments, rather than your self-image.

I can't remember the exact quote, but it is something along the lines of whether a person is stupid or dead, it doesn't affect them. It's only recognizable by those around them.

#74 | Posted by madbomber at 2024-05-24 04:21 PM | Reply

#72

You don't need to waste any more calories tapping keys. At least not on my behalf. You've already answered the question I pitched to you.

#75 | Posted by madbomber at 2024-05-24 04:23 PM | Reply

"Your adopted country must also pay a lot more for college? Does that debt follow those kids until their profession can afford the payments?"
No.
But they start getting screened for college in 4th grade. They only get into college if they show themselves to be a worthwhile investment of taxpayer dollars.
I'm a fan of that. Do you think you would be?
#67 | Posted by madbomber at 2024-05-24 04:06 PM

Aptitude scores determining what is spent on them sounds quite selective. Does that leave a lot of kids outside of a college education out there?

What about healthcare bankruptcy? Is that also happening where you reside?

#76 | Posted by redlightrobot at 2024-05-24 04:26 PM | Reply

I think staying in Europe was a good choice. Not saying that the voices here represent the majority of humans in the US, but it looks to me (based on what I see here) like the US is moving more towards a Bolshevik vs. Nationalist conflict.

And there are no "good guys."

#77 | Posted by madbomber at 2024-05-24 04:27 PM | Reply

I am not of the habit of providing personal information to anonymous websites. That is, well just plain stupid.

Well, you'll just have to take my word for it.

I can't take YOUR word for anything, because you lie, as in:

1. "...how do you give tax cuts to people who don't pay much in taxes to start with?" The lie being the implication that there are people like this

2. "I've never stepped foot outside my trailer here in Possum Pouch, Arkansas..." You have stated in the past that you were in the military and are now in Germany if my memory serves me.

So, that is 2 lies in 2 posts.

So, there is that.

#78 | Posted by truthhurts at 2024-05-24 04:27 PM | Reply

"You've already answered the question I pitched to you."

And you've already misrepresented the equation.

"whether a person is stupid or dead, it doesn't affect them."

And you're living proof.

#79 | Posted by Danforth at 2024-05-24 04:27 PM | Reply

"Aptitude scores determining what is spent on them sounds quite selective. Does that leave a lot of kids outside of a college education out there?"

Are you joking?

Yes. 100%. You go to college if you meet the criteria. When you pass your abitur. If you don't, you go into the trades at 16.

If you don't know what the ---- you're talking about, stop talking about it.

#80 | Posted by madbomber at 2024-05-24 04:30 PM | Reply

" Not saying that the voices here represent the majority of humans in the US, but it looks to me (based on what I see here) like the US is moving more towards a Bolshevik vs. Nationalist conflict."

And that would be a stupid conclusion to reach.

There is a growing conflict, agreed. It is more between realist and fantasists or from a political perspective between radical right wing christian nationalists and centrist democrats.

But the rightwing radicals propagandize that anything left of ------- is communism.

Only the ignorant and the evil believe that.

#81 | Posted by truthhurts at 2024-05-24 04:30 PM | Reply

madbomber - What does the average student loan look like where you're at? How do they pay them off??

#82 | Posted by redlightrobot at 2024-05-24 04:31 PM | Reply

"I am not of the habit of providing personal information to anonymous websites. That is, well just plain stupid."

Yeah. I'm sure if I were wanting to kill you I could track you down when you stated you were a teacher or social worker or some ----.

Even I could not do that.

"So, that is 2 lies in 2 posts. So, there is that."

For your Brillant observation, you get a silver star. Now wipe the drool off your chin.

#83 | Posted by madbomber at 2024-05-24 04:36 PM | Reply

"Aptitude scores determining what is spent on them sounds quite selective. Does that leave a lot of kids outside of a college education out there?"
Are you joking?
Yes. 100%. You go to college if you meet the criteria. When you pass your abitur. If you don't, you go into the trades at 16.
If you don't know what the ---- you're talking about, stop talking about it.
#80 | Posted by madbomber at 2024-05-24 04:30 PM

I really don't, but I am trying to get an idea what kinds of homeless you might be encountering on your trips downtown and how they came to be.

Most of ours are generated through economic parasitism, imo.

#84 | Posted by redlightrobot at 2024-05-24 04:36 PM | Reply

- the US is sorta the last Marxist country on the planet.

LMAO!

It's Theatre of the Absurd, right here on the old DR.

You are as brainwashed on this as any Trumper.... but hey, the love child of Ayn Rand and Ronald Reagan could not be expected to be sane.

Actually, you sound almost exactly like this guy:

www.c-span.org

#85 | Posted by Corky at 2024-05-24 04:42 PM | Reply

keep more of what they earned

#44 | POSTED BY MADBOMBER

Any concept that these people "earned" their net worth is purely subjective.

#86 | Posted by Whatsleft at 2024-05-24 05:00 PM | Reply

"madbomber - What does the average student loan look like where you're at? How do they pay them off??"

I don't know.

If you attend gymnasium and complete your abitur, University will be free to low cost.

If you want to go to Uni, but did not go to gymnasium, it may be a different story. Two of my friends did not attend gymnasium, and they had to do something like nigh school, which they had to pay for. I think they still had to complete the abitur though, it just would not have gotten them into one of elite-ish Unis.

#87 | Posted by madbomber at 2024-05-24 05:02 PM | Reply

the US is moving more towards a Bolshevik vs. Nationalist conflict.

Sure, just without the Bolshevik part.

Can we drop the ridiculous notion that there's any significant level of actual socialists or communists in the US?

#88 | Posted by jpw at 2024-05-24 05:09 PM | Reply | Newsworthy 3

Bolsheviks? Where? The Finland Station?

#89 | Posted by Doc_Sarvis at 2024-05-24 05:13 PM | Reply | Funny: 1

#88 | POSTED BY JPW AT 2024-05-24 05:09 PM | REPLY | FLAG:

Hey! There are dozens of us!

#90 | Posted by zeropointnrg at 2024-05-24 09:26 PM | Reply | Funny: 1

This is the logical conclusion for people when US government stats resemble those of China. No one believes the official inflation number because people actually go to the stores and buy fast food. By manipulating inflation, you manipulate the GDP number. Same with 'new job creation' which does not even keep up with the number of new illegals that have flooded the country in the last 3 years - so, actual citizens see the job market as challenging. For example, full time manufacturing jobs shrunk last year despite all Biden's claims about his build back better garbage. You see this in the labor participation rate - still below Trump.

#91 | Posted by Claudio at 2024-05-24 10:23 PM | Reply | Funny: 1

- No one believes the official inflation number

They don't have to... there are too many independent economists who confirm it.

The only thing below Trump is ---------... which is just above his Cultists.

Criminals and traitors all.

#92 | Posted by Corky at 2024-05-24 11:28 PM | Reply

Ahhhh yes, of course, when numbers aren't sufficiently poor you just claim they're made up.

You do know you can look at the prices in the past and do math yourself, right?

#93 | Posted by jpw at 2024-05-24 11:33 PM | Reply

" Defying SCOTUS and continuing to transfer student loan debt to the taxpayers in a blatant attempt to buy votes.

Just stop talking. You're ------- clueless.

#54 | POSTED BY JPW AT 2024-05-24 02:54 PM | FLAG: "

STFU ------.

That's exactly what it is and you know it.

#94 | Posted by BellRinger at 2024-05-24 11:48 PM | Reply

" Of course, they do. Most Americans are uninformed idiots.

#8 | POSTED BY JPW AT 2024-05-23 11:06 PM | FLAG: "

This is the current state of the American Left on full display, folks.

Ignore your bank account, your grocery bill, utilities, etc. you're just a bunch of self-absorbed d-bags who fail to appreciate the benevolence of your betters.

You are the quintessential Vizzini.

#95 | Posted by BellRinger at 2024-05-24 11:57 PM | Reply

That's exactly what it is and you know it.

#94 | Posted by BellRinger

No, it's not. which is why I said what I said.

Which is why I've said the same thing to you multiple times every time you chirp this line of nonsense.

This is the current state of the American Left on full display, folks.

I'm not "the left," jackass. Take your lame ass broad brush nonsense and stick it.

You are the quintessential Vizzini.

#95 | Posted by BellRinger

Nice strawman. You're far better off saying nothing when you have nothing.

#96 | Posted by jpw at 2024-05-25 12:10 AM | Reply

You'll note I never said the economy was swimming. There are obvious issues.

But it's asinine to say we're in a recession.

Even stupider to think a single POTUS is responsible for it.

Playing base temporal association games only goes to show how childish and simple too many voters are.

#97 | Posted by jpw at 2024-05-25 12:12 AM | Reply

Ignore the best economic recovery from Covid in the world, the strong Stock Market, lower inflation, higher wages, more jobs... I could go on.

6 mos from now at election time, even rwingers will have trouble denying reality... ok, that's optimistic, lol.

#98 | Posted by Corky at 2024-05-25 12:14 AM | Reply

It would do well to acknowledge the problems, though.

Housing is unaffordable, especially when buying a home. This doesn't look to be changing anytime soon as interest rates aren't budging and PE/VC has begun buying more homes again.

Wage gains have been largely erased by price increases. Some hope is that a few major retailers are finally starting to drop prices.

Gas is higher and will increase further even though it's the predictable seasonal increase.

All of these are pain points that need to be taken head on by the Dems, not ignored while they tout economic aspects like markets that mean s*&^ to the average person.

Also, as someone who recently came off the job market to change positions, it's not as good as it seems. At least in my sector, jobs seem aplenty but so are layoffs and hiring is a giant clusterf*&^ by everything I've read.

#99 | Posted by jpw at 2024-05-25 12:26 AM | Reply

#99 Biotech is a pretty up and down market. The defense against this is being incredibly good at what you do, or for normal people there's LinkedIn -- some level of social networking.

#100 | Posted by snoofy at 2024-05-25 12:34 AM | Reply

99

Yes... but I think you would agree that the idea that Trump would do anything helpful, particularly when he will be busy having revenge sex on the government and the People, and placating Russia and other authoritarian regimes, not to mention extending deficit spending tax cuts mostly for the Elite and the Corporate... is a really stupid idea.

#101 | Posted by Corky at 2024-05-25 12:38 AM | Reply | Newsworthy 1

#99 Biotech is a pretty up and down market. The defense against this is being incredibly good at what you do, or for normal people there's LinkedIn -- some level of social networking.

#100 | Posted by snoofy

LOL both of which are a yes for me. You're not very in touch with the current state of biotech, are you?

#102 | Posted by jpw at 2024-05-25 12:42 AM | Reply

Yes... but I think you would agree that the idea that Trump would do anything helpful, particularly when he will be busy having revenge sex on the government and the People, and placating Russia and other authoritarian regimes, not to mention extending deficit spending tax cuts mostly for the Elite and the Corporate... is a really stupid idea.

#101 | Posted by Corky

Of course.

But I don't think the Dems need to message to convince people like us.

They need to message to people who will notice if they ignore the problems while only trumpeting the metrics that mean something to the upper echelons of earners.

Not acknowledging the problems and talking about their proposed solutions (something that used to be the norm of POTUS campaigns when I was growing up...) is a sure loser.

#103 | Posted by jpw at 2024-05-25 12:47 AM | Reply

" Take your lame ass broad brush nonsense and stick it"

Dude, you broad brush tens of millions of people in base terms on a constant basis.

#104 | Posted by BellRinger at 2024-05-25 12:57 AM | Reply

" But it's asinine to say we're in a recession."

Recession is defined as 2 consecutive quarters of negative growth. We were in a brief recession according to a long established definition.

" Even stupider to think a single POTUS is responsible for it."

Agreed. And not only have I never made that argument I've been vocal that These things are bigger than the presidency.

#105 | Posted by BellRinger at 2024-05-25 01:01 AM | Reply

" #99 | POSTED BY JPW AT 2024-05-25 12:26 AM | FLAG: "

Yes. I agree with you almost completely on this.

#106 | Posted by BellRinger at 2024-05-25 01:05 AM | Reply

"We were in a brief recession according to a long established definition"

And were out of it by the time we knew we were in it. It was literally one negative quarter, and one barely negative. That's it.

#107 | Posted by Danforth at 2024-05-25 01:26 AM | Reply

#107 Danforth - yes. Doesn't change the fact that we were in a very brief recession.

#108 | Posted by BellRinger at 2024-05-25 01:44 AM | Reply

"Doesn't change the fact that we were in a very brief recession."

You're right.

The mildest, shortest recession in American history. Within a point of becoming The Recession That Almost Was.

How did we ever survive?!?!? That was such a brutal...few hours.

#109 | Posted by Danforth at 2024-05-25 01:50 AM | Reply | Newsworthy 1

Dude, you broad brush tens of millions of people in base terms on a constant basis.

#104 | Posted by BellRinger

I accurately describe group behavior.

You talk about me as if I represent anything more than me.

See the difference?

#110 | Posted by jpw at 2024-05-25 02:13 AM | Reply

Recession is defined as 2 consecutive quarters of negative growth. We were in a brief recession according to a long established definition.

No. That's just a rule of thumb. A simplified definition/standard because the rule of thumb is typically associated with all the other metrics and trends of a recession, ie all the other factors come together to culminate in that measure.

The reason why you'll forever be wrong about that is because THAT was the only thing about it. None of the other economic indicators showed signs of a lagging economy.

That's why it wasn't declared a recession and was analyzed/discussed quite a bit as the oddball it was.

www.investopedia.com

#111 | Posted by jpw at 2024-05-25 02:17 AM | Reply

"Any concept that these people "earned" their net worth is purely subjective."

"These people?"

Is the concept of your earnings subjective as well?

#112 | Posted by madbomber at 2024-05-25 03:25 AM | Reply

"Can we drop the ridiculous notion that there's any significant level of actual socialists or communists in the US?"

Really?

You don't think there is a "to each according to need, to each according to ability" notion flowing freely through the progressive community in the US?

Just read a few of the comments people have posted in this thread.

The difference is that progressives seem to have abandoned the belief that socialist can meet this challenge. They're probably right. But trying to achieve the same outcome through capitalist ends is equally doomed to failure.

#113 | Posted by madbomber at 2024-05-25 03:58 AM | Reply

At the end of the day, equal distribution of wealth cannot occur in a free society. It would require the income earners to keep engaging in the activities that generate income, even when they don't get to keep what they have earned.

#114 | Posted by madbomber at 2024-05-25 03:59 AM | Reply

Ahhh, the consequences of Democrat's spending comes back to bite them in the ass. While Democrats wail like morons about abortion (which is only important to the white pink hat contingent) the Republicans continue to press the message of inflation hurting the normies. Best of luck this November, it's the economy stupid.

#115 | Posted by Bluewaffles at 2024-05-25 07:43 AM | Reply

#113 no. I think you're intentionally conflating a desire for a more euro type system (that you freely enjoy ... ) in place of the awful one we have now.

As I said, there is no appreciable level of actual communists or socialists in the US.

#116 | Posted by jpw at 2024-05-25 10:51 AM | Reply

I was in a comp sci workshop in the Czech Republic a few years back and was talking to a guy from Finland at dinner one night.

He laughed at the notion of "the left" in the US and told me all sorts of stories of protests he'd been apart of in various European countries.

It was an eye opening conversation for me and solidified the ridiculousness of people here constantly chirping about commies and soshulizts. Its the reason I used the caricatured words to fit the caricatured view.

#117 | Posted by jpw at 2024-05-25 10:54 AM | Reply

That's what's so weird about MadBombers's shtick.

He's dropped actual bombs on actual Marxists in South America and somehow he thinks we have those people here.

I guess he needs his boogey men which seems strange to me. I don't see him having any moral problems with killing, perhaps he just thinks it's a good idea to work up an ethical cover story. He's trying to emulate a moral being, he's just doing it so badly it would be better if he stopped trying, but he can't stop.

#118 | Posted by snoofy at 2024-05-25 10:58 AM | Reply

"At the end of the day, equal distribution of wealth cannot occur in a free society."

Why is this guy tilting at the equal distribution of wealth windmill? Nobody even brought that idea up because everyone knows it's unworkable.

#119 | Posted by snoofy at 2024-05-25 11:02 AM | Reply

" While Democrats wail like morons about abortion (which is only important to the white pink hat contingent)"

Riiiiiiiiiiight.

Red Kansas, red Ohio, and red Alabama on hold for you.

And remind us: which of the polls currently showing Trump ahead and swing states accounts for pissed off women?

#120 | Posted by Danforth at 2024-05-25 11:22 AM | Reply

^IN swing states

#121 | Posted by Danforth at 2024-05-25 11:38 AM | Reply

" accurately describe group behavior.

#110 | POSTED BY JPW AT 2024-05-25 02:13 AM | REPLY | FLAG:"

No, you don't. You mock and broadbrsuh those who you deem to be beneath you. Calling people self- absorbed over their alarm over prices for necessities skyrocketing and interest rates going up sharply. You act like they should be grateful for that because a Dem currently occupies the WH. The arrogance and self inflated sense of superiority really is astonishing to witness.

#122 | Posted by BellRinger at 2024-05-25 12:00 PM | Reply

"Calling people self- absorbed over their alarm"

Oh I get it.

Like saying people have "Trump Derangement Syndrome" when they express their concerns about Trump.

#123 | Posted by snoofy at 2024-05-25 12:24 PM | Reply

I thought there was no crisis

Or should I not take anything you say seriously?

#124 | Posted by truthhurts at 2024-05-25 12:25 PM | Reply

It's a good thing balldinger et al. have never dealt with anything truly difficult with respect to American history.

See, when it's someone else struggling, they're all about pulling yourself up by your bootstraps. But when they're the ones struggling, all they can do is piss and moan and stomp your feet and partisanly blame the government for your life problems. And that doesn't make America great!

#125 | Posted by horstngraben at 2024-05-25 01:00 PM | Reply

#125. Nice straw man.

#126 | Posted by BellRinger at 2024-05-25 01:30 PM | Reply

At the end of the day, equal distribution of wealth cannot occur in a free society. It would require the income earners to keep engaging in the activities that generate income, even when they don't get to keep what they have earned.
#114 | Posted by madbomber at 2024-05-25 03:59 AM

Is there any taxation of wealth that is beneficial?

#127 | Posted by redlightrobot at 2024-05-25 01:30 PM | Reply

Democrats fail at messaging.

They allow republicans to dictate the narrative.

Also. Doom media sells better than telling people everything is getting better.

Capitalism destroys everything.

#9 | POSTED BY CLOWNSHACK AT 2024-05-23 11:16 PM | FLAG: | NEWSWORTHY 2: Disagree as the vast majority of American get their new from ABC, CBS, NBC which are not Right leaning, so how are the Republicans dictating the narrative?

#128 | Posted by MSgt at 2024-05-25 01:41 PM | Reply

Disagree as the vast majority of American get their new from ABC, CBS, NBC which are not Right leaning, so how are the Republicans dictating the narrative?

POSTED BY MSGT

Are republicans EVER factually correct?

www.prdaily.com

1/3 is not the VAST majority of Americans esp. when a significant portion of THAT number is Fox

#129 | Posted by truthhurts at 2024-05-25 01:47 PM | Reply

The attack on Democracy by capitalism is constant.
#42 | POSTED BY REDLIGHTROBOT AT 2024-05-24 12:51 PM | FLAG: | NEWSWORTHY 1: Guess you have an interesting version of what democracy is...

#130 | Posted by MSgt at 2024-05-25 01:47 PM | Reply

"It would require the income earners to keep engaging in the activities that generate income, even when they don't get to keep what they have earned."

Which is a theory without any basis.

Personally, I've been doing taxes and advising clients for over 35 years. The next client I meet who chooses not to work because not enough additional money will be left over after higher taxes...(checks notes)...

...will by MY FIRST.

#131 | Posted by Danforth at 2024-05-25 03:18 PM | Reply

Is the concept of your earnings subjective as well?

#112 | POSTED BY MADBOMBER

It sure is! According to the IRS, even though I sometimes work my butt off for it, my income is entirely passive. And where I can, I use the same playbook those wealthy folks use to manipulate my taxes burden. Most middle class wage earners pay a far higher effective tax rate than I do.

#132 | Posted by Whatsleft at 2024-05-25 06:13 PM | Reply

Confidence is what breeds national economic strength. When one listens or watches Joe Biden and his crazy mis stated claims it only breeds depression. Hey Im old enough to have never ever experienced an administration that is so wrong headed for USA.

#133 | Posted by Robson at 2024-05-25 07:01 PM | Reply

I'm done even trying to explain to the 'willfully ignorant and hopeless ideologues' on the Right. See you in November.

Happy to cancel your vote...

morons...

#134 | Posted by earthmuse at 2024-05-25 07:25 PM | Reply

#134 | POSTED BY EARTHMUSE

What? James Carville is a moron? You're a Lumper.

James Carville: "We keep wondering why these young people are not coming home to the Democrats. Why are blacks not coming home to the Democrats? Because Democrat messaging is full of ----, that's why."

Democrats went from "It's the economy, stupid!" to "You're stupid if you think the economy is bad".

#135 | Posted by oneironaut at 2024-05-25 07:37 PM | Reply

The new radicalized left wing Democrat pols are irrationally obessed with gaining power by any means, but never a priority on instituting good policy. Instead they fabricate and use media, coverup and claim their polices are righteous when it is always and absolutely bad policy.

#136 | Posted by Robson at 2024-05-25 08:14 PM | Reply

Projection.
Nothing but projection.

#137 | Posted by YAV at 2024-05-25 11:01 PM | Reply

No, you don't. You mock and broadbrsuh those who you deem to be beneath you.

I mock people who earn it.

Calling people self- absorbed over their alarm over prices for necessities skyrocketing and interest rates going up sharply.

That's not it at all, actually. Do you intentionally misrepresent people's arguments? Or does your reading comprehension just suck that badly?

You act like they should be grateful for that because a Dem currently occupies the WH. The arrogance and self inflated sense of superiority really is astonishing to witness.

#122 | POSTED BY BELLRINGER

I've explicitly stated otherwise on this very thread.

F*&^ off, whiner.

#138 | Posted by jpw at 2024-05-26 07:58 AM | Reply

#125. Nice straw man.

#126 | POSTED BY BELLRINGER

Actually, it's spot on.

It's also part of the root of our problems-MAGA was fine when their preferred policies of offshoring and automation made the s&^% they wanted to buy from Wal-Mart cheaper. It made their life better so they couldn't be bothered to care about those whose lives were made worse by it. Now that those policies have caught up to them and THEY can't afford what they think they're entitled to? Well, now they're "America first" (America being code for "me") and can't stop babbling about globalists and blah blah blah.

#139 | Posted by jpw at 2024-05-26 08:08 AM | Reply

Disagree as the vast majority of American get their new from ABC, CBS, NBC which are not Right leaning, so how are the Republicans dictating the narrative?

#128 | POSTED BY MSGT

Messaging doesn't mean network, sport.

#140 | Posted by jpw at 2024-05-26 08:09 AM | Reply

" It's also part of the root of our problems-MAGA was fine when ... ."

"MAGA" didn't even exist when NAFTA was signed.

#141 | Posted by BellRinger at 2024-05-26 11:44 AM | Reply

"MAGA" didn't even exist when NAFTA was signed.

#141 | POSTED BY BELLRINGER

You people simply called yourselves something different.

#142 | Posted by Zed at 2024-05-26 11:53 AM | Reply | Newsworthy 1

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