Conservatives forgot what real conservatism is and ended up sounding like you, dividing and dogmatic nonsense like calling other working class people cockroaches. That statement reminds me of a certain fascist nation... 😂
Y'all love Reagan but forget that the real last great conservative was Eisenhower. He was from the military unlike th…
Conservatives forgot what real conservatism is and ended up sounding like you, dividing and dogmatic nonsense like calling other working class people cockroaches. That statement reminds me of a certain fascist nation... 😂
Y'all love Reagan but forget that the real last great conservative was Eisenhower. He was from the military unlike the later chicken hawks of the DemoCRIPS and RepubliBLOODS gangs.
And guess what he did? Everything opposite to that corporate actor, Reagan.
-high corporate taxes, which made them reinvest in labor and equipment instead of ca$h out (remember dummies, companies only pay taxes on profits they extract, so lowering taxes like Reagan did actually incentivizes companies to shut down factories)
-government projects like the Eisenhower interstate system (private markets don't give a shit to fix infrastructure, only to profit from it)
And so on.
Where did the real pro American conservatives go?
Same place where the real liberals went....
To fake bullshit presidents like Reagan, Bush, Clinton, Obama.... And we will see if Trump actually drains the swamp as he filled it with neocon assholes last time.
Yes, Eisenhower who killed hundreds of thousands of German POW's, "letting" them die of exposure. At least he deported a million Mexicans in operation Wetback. And gave the MIC speech. Some small reparations for serving the Military Industrial Complex all of his life as a stooge to his handler, Bernard Baruch.
Rob, good points about the advantages of high corporate taxes that I'd never thought much about. Wasn't the top rate 90% under Ike, which JFK lowered to 70%? You can't keep lowering taxes, as Trump promises to do, without further exploding our multi-trillion-dollar deficit - especially as the country is about to lose its perch as the world's Reserve Currency. Only economic idiots could think that Trump's campaign promises of no tax on tips, no tax on overtime, and no tax on Social Security are good ideas.
Last I remember the corporate tax was 90% only above a certain amount... I think that's fair and if we had that today, high profit margin companies like Apple would not be able to hoard so much cash or funnel it out to shareholders.
Taxing tips is relatively new, the neocon Reagan did that so he could cut corporate and capital gains taxes. It's crazy, we're one of the few countries that pays some service workers less than minimum wage and assumes tipping. This shifts the burden onto the customers and off the owners of the restaurants...
As for the debt, I've always asked since high school as to who do we owe this to? The bankers and the wealthy. It's basically a way to sell off the government to finance! It's also how wars can get easy funding with the tab pushed onto the majority of Americans who get Jack shit from the industrial military complex's money pit.
I found it especially funny that the patriot missile system that we sent to Ukraine is such a piece of shit, still running on the same hardware that it did during Bush's first Iraq war. It was also notoriously unreliable back then as it is now in Ukraine and the tech behind the so called "iron dome" that Israel uses.
Meanwhile, Yemen is beating the US military with cheap drones and Iran was able to get past the iron dome with normal weapons.
They also supposedly have hypersonic weapons developed by Russia (and China??).
It shows how we are a failed empire because instead of actual productive work, we waste most of our money on corporate welfare that they cash out via stock buybacks and profits.
Perhaps the cause of all this is the tax cuts which made it easier to extract wealth from companies instead of using it to improve tech and working conditions... Cough Boeing 😂
Agree on some taxes. How about lowering spend by making it more efficient? EVERY household and business has to do that. Now let’s modernize our government. I don’t know if there’s $2T there as Elon estimates, but a 4-12 year halt in the rise of spending while improving services will help the deficit enormously.
Conservatives forgot what real conservatism is and ended up sounding like you, dividing and dogmatic nonsense like calling other working class people cockroaches. That statement reminds me of a certain fascist nation... 😂
Y'all love Reagan but forget that the real last great conservative was Eisenhower. He was from the military unlike the later chicken hawks of the DemoCRIPS and RepubliBLOODS gangs.
https://imgflip.com/memetemplate/428569524/Dwight-D-Eisenhower
https://www.quora.com/Why-dont-the-GOP-and-conservatives-idolize-Eisenhower-the-same-way-they-do-with-Reagan-Isnt-Ike-more-of-a-pragmatic-conservative
And guess what he did? Everything opposite to that corporate actor, Reagan.
-high corporate taxes, which made them reinvest in labor and equipment instead of ca$h out (remember dummies, companies only pay taxes on profits they extract, so lowering taxes like Reagan did actually incentivizes companies to shut down factories)
-government projects like the Eisenhower interstate system (private markets don't give a shit to fix infrastructure, only to profit from it)
And so on.
Where did the real pro American conservatives go?
Same place where the real liberals went....
To fake bullshit presidents like Reagan, Bush, Clinton, Obama.... And we will see if Trump actually drains the swamp as he filled it with neocon assholes last time.
Yes, Eisenhower who killed hundreds of thousands of German POW's, "letting" them die of exposure. At least he deported a million Mexicans in operation Wetback. And gave the MIC speech. Some small reparations for serving the Military Industrial Complex all of his life as a stooge to his handler, Bernard Baruch.
Rob, good points about the advantages of high corporate taxes that I'd never thought much about. Wasn't the top rate 90% under Ike, which JFK lowered to 70%? You can't keep lowering taxes, as Trump promises to do, without further exploding our multi-trillion-dollar deficit - especially as the country is about to lose its perch as the world's Reserve Currency. Only economic idiots could think that Trump's campaign promises of no tax on tips, no tax on overtime, and no tax on Social Security are good ideas.
Last I remember the corporate tax was 90% only above a certain amount... I think that's fair and if we had that today, high profit margin companies like Apple would not be able to hoard so much cash or funnel it out to shareholders.
Taxing tips is relatively new, the neocon Reagan did that so he could cut corporate and capital gains taxes. It's crazy, we're one of the few countries that pays some service workers less than minimum wage and assumes tipping. This shifts the burden onto the customers and off the owners of the restaurants...
As for the debt, I've always asked since high school as to who do we owe this to? The bankers and the wealthy. It's basically a way to sell off the government to finance! It's also how wars can get easy funding with the tab pushed onto the majority of Americans who get Jack shit from the industrial military complex's money pit.
I found it especially funny that the patriot missile system that we sent to Ukraine is such a piece of shit, still running on the same hardware that it did during Bush's first Iraq war. It was also notoriously unreliable back then as it is now in Ukraine and the tech behind the so called "iron dome" that Israel uses.
Meanwhile, Yemen is beating the US military with cheap drones and Iran was able to get past the iron dome with normal weapons.
They also supposedly have hypersonic weapons developed by Russia (and China??).
It shows how we are a failed empire because instead of actual productive work, we waste most of our money on corporate welfare that they cash out via stock buybacks and profits.
Perhaps the cause of all this is the tax cuts which made it easier to extract wealth from companies instead of using it to improve tech and working conditions... Cough Boeing 😂
We want to run War as a money making business. Thus real nations, Fascist or National Socialist, can defeat us in the end.
Capitalism/Communism are about matter. Fascism/National Socialism are about Man.
Agree on some taxes. How about lowering spend by making it more efficient? EVERY household and business has to do that. Now let’s modernize our government. I don’t know if there’s $2T there as Elon estimates, but a 4-12 year halt in the rise of spending while improving services will help the deficit enormously.
Martin Armstrong doesn’t agree with you.
Ok? So what would he say instead?
I've seen his show and he's alright but naive...
Income tax bad, tariffs good. People with 20% more to spend will stimulate thangs.