Comments on: The Aughts Were A Lost Decade http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/ Ground zero for all things political in Delaware Thu, 09 Feb 2012 16:24:54 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: Republican David http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167353 Republican David Mon, 04 Jan 2010 05:52:42 +0000 http://www.delawareliberal.net/?p=33071#comment-167353 Next, it would help if we had an American trade policy. I am opposed to protectionism, but I do not believe that favoring imports by giving them better tax benefits than domestic production, allowing them to have no labor and evironmental levy, and giving tax credits to move from America is not in the best interest of the working people. We also can not keep giving breaks for speculation and punish labor. Next, it would help if we had an American trade policy. I am opposed to protectionism, but I do not believe that favoring imports by giving them better tax benefits than domestic production, allowing them to have no labor and evironmental levy, and giving tax credits to move from America is not in the best interest of the working people.

We also can not keep giving breaks for speculation and punish labor.

]]> By: Republican David http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167351 Republican David Mon, 04 Jan 2010 05:49:36 +0000 http://www.delawareliberal.net/?p=33071#comment-167351 You can't tamper with the same old broken tax system. Bush just made it more complicated and Obama is making it even worse. Dump it. It punishes savings, local manufacturing, and imposes an unreasonable compliance burden. Bush's biggest mistake was not pushing forward on tax simplification and instead going for social security reform. You can’t tamper with the same old broken tax system. Bush just made it more complicated and Obama is making it even worse. Dump it. It punishes savings, local manufacturing, and imposes an unreasonable compliance burden. Bush’s biggest mistake was not pushing forward on tax simplification and instead going for social security reform.

]]> By: Brooke http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167261 Brooke Sun, 03 Jan 2010 16:27:48 +0000 http://www.delawareliberal.net/?p=33071#comment-167261 I would never argue that the American worker isn't screwed... by anyone with a dime and 15 minutes. My point is, no one BEHAVES like people who will be screwed, soon. That's part of the problem. Look at our savings rates. http://research.stlouisfed.org/publications/review/07/11/Guidolin.pdf Watching the wealth in our economy be redistributed upwards is my very least favorite thing about seeing Republicans elected. More than their assault on civil liberties, even. But if the electorate all behaves like Republicans when they have the chance to, justice will never prevail for long. I would never argue that the American worker isn’t screwed… by anyone with a dime and 15 minutes. My point is, no one BEHAVES like people who will be screwed, soon. That’s part of the problem. Look at our savings rates. http://research.stlouisfed.org/publications/review/07/11/Guidolin.pdf

Watching the wealth in our economy be redistributed upwards is my very least favorite thing about seeing Republicans elected. More than their assault on civil liberties, even. But if the electorate all behaves like Republicans when they have the chance to, justice will never prevail for long.

]]> By: anon http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167257 anon Sun, 03 Jan 2010 15:51:13 +0000 http://www.delawareliberal.net/?p=33071#comment-167257 <i>Could we maybe get someone to put those in play then? </i> Some of the policies are in place. But job creation isn't a faucet that you can turn on and off instantly. It took time for Bush to destroy jobs, income, and wealth for the middle class. It will take time to recover. Could we maybe get someone to put those in play then?

Some of the policies are in place. But job creation isn’t a faucet that you can turn on and off instantly. It took time for Bush to destroy jobs, income, and wealth for the middle class. It will take time to recover.

]]> By: anon http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167256 anon Sun, 03 Jan 2010 15:49:19 +0000 http://www.delawareliberal.net/?p=33071#comment-167256 <i>The corporations didn’t share their profits with the workers.</i> Not to put too fine a point on it, but it's not "their" profits. Unions are intended to give workers more power to negotiate how to divide up the earnings (and the losses). Progressive income taxes are an acknowledgment that high-income earners depend on the rest of society to earn that high income. The corporations didn’t share their profits with the workers.

Not to put too fine a point on it, but it’s not “their” profits. Unions are intended to give workers more power to negotiate how to divide up the earnings (and the losses). Progressive income taxes are an acknowledgment that high-income earners depend on the rest of society to earn that high income.

]]> By: Nosy http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167250 Nosy Sun, 03 Jan 2010 15:31:13 +0000 http://www.delawareliberal.net/?p=33071#comment-167250 anon: Progressive tax and unions aren’t supposed to create job growth. We have plenty of other policies for that. Really? Could we maybe get someone to put those in play then? In case anyone hasn't noticed we have record unemployment in the country with the "experts" saying 2010 isn't going to be much better. If we already have policies to create job growth I guess we aren't using them???? anon: Progressive tax and unions aren’t supposed to create job growth. We have plenty of other policies for that.

Really? Could we maybe get someone to put those in play then? In case anyone hasn’t noticed we have record unemployment in the country with the “experts” saying 2010 isn’t going to be much better. If we already have policies to create job growth I guess we aren’t using them????

]]> By: Unstable Isotope http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167245 Unstable Isotope Sun, 03 Jan 2010 15:11:11 +0000 http://www.delawareliberal.net/?p=33071#comment-167245 Exactly anon. During the 2000s, corporations earned record profits, got rid of American workers and the CEOs rewarded themselves handsomely. The corporations didn't share their profits with the workers. Also, the way I read the chart, the economic policies that go along with the low taxation tend to lead to bubbles. The tax rates right before the Great Depression were very similar to the ones today. Interesting. Exactly anon. During the 2000s, corporations earned record profits, got rid of American workers and the CEOs rewarded themselves handsomely. The corporations didn’t share their profits with the workers.

Also, the way I read the chart, the economic policies that go along with the low taxation tend to lead to bubbles. The tax rates right before the Great Depression were very similar to the ones today. Interesting.

]]> By: anon http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167241 anon Sun, 03 Jan 2010 14:58:43 +0000 http://www.delawareliberal.net/?p=33071#comment-167241 <i>A progressive tax system nor unions have any positive effect on job growth.</i> Progressive tax and unions aren't supposed to create job growth. We have plenty of other policies for that. Progressive tax and unions are intended to make sure more workers share in the prosperity they work to create. A progressive tax system nor unions have any positive effect on job growth.

Progressive tax and unions aren’t supposed to create job growth. We have plenty of other policies for that. Progressive tax and unions are intended to make sure more workers share in the prosperity they work to create.

]]> By: xstryker http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167227 xstryker Sun, 03 Jan 2010 05:56:51 +0000 http://www.delawareliberal.net/?p=33071#comment-167227 LOL, Galt, and what did the bubble growth during the Roaring 20's lead to? LOL, Galt, and what did the bubble growth during the Roaring 20’s lead to?

]]> By: John Galt http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167226 John Galt Sun, 03 Jan 2010 05:36:33 +0000 http://www.delawareliberal.net/?p=33071#comment-167226 Oh my numbers are correct, please check them. As for the increase in labor in the WWII post war years, it had more to do more with the fact that most of the industrialized nations had their manufacturing base destroyed (England,Germany,Japan,France). The U.S was able to supply the world with all the cars,appliances,and other goods that the world needed. Oh my numbers are correct, please check them.

As for the increase in labor in the WWII post war years, it had more to do more with the fact that most of the industrialized nations had their manufacturing base destroyed (England,Germany,Japan,France).

The U.S was able to supply the world with all the cars,appliances,and other goods that the world needed.

]]> By: cassandra_m http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167217 cassandra_m Sun, 03 Jan 2010 03:03:19 +0000 http://www.delawareliberal.net/?p=33071#comment-167217 Also for Brooke and others on real wages in relationship to productivity gains throughout the decade, the NYTimes had a great article on this in 2006 with <a href="http://www.nytimes.com/2006/08/28/business/28wages.html?_r=1&pagewanted=all" rel="nofollow">excellent charts</a>. Also for Brooke and others on real wages in relationship to productivity gains throughout the decade, the NYTimes had a great article on this in 2006 with excellent charts.

]]> By: cassandra_m http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167216 cassandra_m Sun, 03 Jan 2010 03:00:34 +0000 http://www.delawareliberal.net/?p=33071#comment-167216 Oh I read your post alright, and pretty much gave it the attention it deserved. You can see just from the charts that UI posted that there is evidence that there was stronger jobs growth during the post war period when union workers were about 30% or so of the labor force and taxes were certainly more progressive. So that means that you are the one here twisting the facts and ignoring the past. UI posted on real data here, and you just want us to buy some fiction you just today created. And I posted Tommywonk's thoughts on UI's post for the information of everyone reading this post, which certainly is not just you, John Galt. And aren't you supposed to be withholding your brilliance from the world until Barack Obama is out of office or something? Do us a favor, why doncha? Oh I read your post alright, and pretty much gave it the attention it deserved. You can see just from the charts that UI posted that there is evidence that there was stronger jobs growth during the post war period when union workers were about 30% or so of the labor force and taxes were certainly more progressive.

So that means that you are the one here twisting the facts and ignoring the past. UI posted on real data here, and you just want us to buy some fiction you just today created.

And I posted Tommywonk’s thoughts on UI’s post for the information of everyone reading this post, which certainly is not just you, John Galt. And aren’t you supposed to be withholding your brilliance from the world until Barack Obama is out of office or something? Do us a favor, why doncha?

]]> By: John Galt http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167212 John Galt Sun, 03 Jan 2010 02:01:05 +0000 http://www.delawareliberal.net/?p=33071#comment-167212 Cassandra, You either didn't read my post, or you don't understand it. Unstable Isotope made the following conclusion: "Anyone else notice how much stronger job growth was when we had a much more progressive tax system and strong unions?" I showed just the opposite happened between the years 1913 and 1929. (Please read my post again). Tommywonk only address the years 2000-2009 and has nothing to do with my post. I know you and Nimrod hate Bush, I do to. But twisting the facts and ignoring the past serves no one. Cassandra,

You either didn’t read my post, or you don’t understand it.

Unstable Isotope made the following conclusion:
“Anyone else notice how much stronger job growth was when we had a much more progressive tax system and strong unions?”

I showed just the opposite happened between the years 1913 and 1929.
(Please read my post again). Tommywonk only address the years 2000-2009 and has nothing to do with my post.

I know you and Nimrod hate Bush, I do to. But twisting the facts and ignoring the past serves no one.

]]> By: cassandra_m http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167207 cassandra_m Sun, 03 Jan 2010 00:52:31 +0000 http://www.delawareliberal.net/?p=33071#comment-167207 John Galt probably thought he was in some Ayn Rand sound-alike contest there. All rant and no substance. Anyway -- <a href="http://www.tommywonk.com/2010/01/zero-net-job-creation.html" rel="nofollow">Tommywonk weighs in</a> on this topic, highlighting the negative growth in the private sector over this period. John Galt probably thought he was in some Ayn Rand sound-alike contest there. All rant and no substance.

Anyway — Tommywonk weighs in on this topic, highlighting the negative growth in the private sector over this period.

]]> By: nemski http://www.delawareliberal.net/2010/01/02/the-aughts-were-a-lost-decade/#comment-167201 nemski Sun, 03 Jan 2010 00:11:54 +0000 http://www.delawareliberal.net/?p=33071#comment-167201 LOL John Galt. I'm surprised you didn't throw in the Arch Duke Ferdinand. LOL John Galt. I’m surprised you didn’t throw in the Arch Duke Ferdinand.

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