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Fulgore 10-08-2015 04:06 AM

Quote:

Posted by Platinum (Post 620066)
There's an interesting and thought-provoking documentary called In-Equality For All (It's on Netflix) and it follows the former Labor Secretary Robert Reich discussing the grave economic and social consequences that may result if the gulf between rich and poor continues to widen. One of his main points is that a struggling middle class means a struggling economy.
Also, I scanned the thread and for those interested in the voting system watch CGP Grey's 'Politics in the Animal Kingdom'.
Yes, your vote does matter, and no, you don't have to vote for one of two parties for it to matter. (STV FTW!)

Agreed. It's quite unfair in a way, some people study for 20+ years and invest 75% of their time into what they do and helping others, only to be taxed 47% and put under constant stress for freeloaders to cruise through life without lifting a single finger :(



No.
A man who earns $1000 000 might only need 10 T-shirts, and will buy 10 T-shirts (1 T-shirt = $10), and therefore inputs $100 into the economy.
If we find 10 people who earn $100 000, who each need 10 T-shirts, 10 people * 10 T-shirts * 10 dollars = $1000 into the economy. The first man holds $1 million, and the 10 people collectively hold $1 million.

If we tax the millionare 10%, and that 10% goes to a government job, hey, another person has $100 000 to spend! Yay!
Then, we can have 11 people who earn $100 000, who each need 10 T-shirts, 11 people * 10 T-shirts * 10 dollars = $1100 into the economy. The first man holds $900 000, and the 11 people collectively hold $1.1 Million.
Equality!

A millionaire is not going to buy 100 T-shirts, but those 10 people did collectively.

My fault for the confusion, but a big part of what I mean when I say 'the rich' is businesses and businessowners. Taxing them leads to less investment of the company in growth because it isn't safe. If those kinds of taxes are relaxed, job growth will go up because it's safe for these businesses to do so. That way, the rich may indeed get richer (a phrase a lot of people hate because they ignore the second part) while the less wealthy also benefit from the market balancing itself out (since monopolies are banned, thank goodness), as well as gain job openings.

GlazeyB 10-08-2015 04:25 AM

Quote:

Posted by Fulgore (Post 620034)
You're doing the same thing...just without the word "not".

And yes..I'm saying the same thing...I'm sorry to inform you that you did not change my view on the economy with a forum post...

Except I've provided studies. So, yeah... I was hoping you'd look it up, but okay.
Site dump;
Spoiler


That was never my goal, if it's yours, same deal.

Quote:

Posted by OG (Post 620049)
What are you some kind of robin hood? maybe if the poor people who lived off of your countries welfare would get off their ass and actually try to find some work they wouldn't be as poor and ****ing desperate as they're now all these people end up doing is dragging down an already broken country.
I'm Australian and we easily have the biggest welfare leaches in the world living in hour neighborhoods and cities trust me buddy you haven't seen what it can all come to if it turns out like it has in Australia.

"Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime."

Relax champ, cause my point is that a thriving middle class is what's good for the country. Not saying give free stuff to everyone. Let's try to actually comprehend what people are saying and not just throw random **** next time?

Quote:

Posted by Fulgore (Post 620086)
My fault for the confusion, but a big part of what I mean when I say 'the rich' is businesses and businessowners. Taxing them leads to less investment of the company in growth because it isn't safe. If those kinds of taxes are relaxed, job growth will go up because it's safe for these businesses to do so. That way, the rich may indeed get richer (a phrase a lot of people hate because they ignore the second part) while the less wealthy also benefit from the market balancing itself out (since monopolies are banned, thank goodness), as well as gain job openings.

Mom and Pops are amazing, especially if they thrive. If that's what you're referring too, but the bigger ones are eating through the smaller ones. That needs to change.

Platinum 10-08-2015 05:10 AM

Quote:

Posted by Fulgore (Post 620086)
My fault for the confusion, but a big part of what I mean when I say 'the rich' is businesses and businessowners. Taxing them leads to less investment of the company in growth because it isn't safe. If those kinds of taxes are relaxed, job growth will go up because it's safe for these businesses to do so.
That way, the rich may indeed get richer (a phrase a lot of people hate because they ignore the second part) while the less wealthy also benefit from the market balancing itself out (since monopolies are banned, thank goodness), as well as gain job openings.

Not everyone who owns a business is rich.
Also, this doesn't work out. We can't tax the middle class or poor, because to obtain a significant amount of money from those two we would need to drain their money, say, 60% tax (just a guess). This would hurt the middle class extremely badly, as most aren't in the position to give up 40% more of their earnings.
Michael Moore: "The richest 1 percent have more financial wealth than the bottom 95 percent combined." Realistically, they're the only people the government can tax without them becoming broke.
But if not people, why not companies?
Alright, corporate tax is the way to go.

Business growth =/= job growth.
Demand = need for supply = job growth.

Quote:

That way, the rich may indeed get richer (a phrase a lot of people hate because they ignore the second part) while the less wealthy also benefit from the market balancing itself out (since monopolies are banned, thank goodness), as well as gain job openings.
How does this work? Money isn't infinite. Where does the money come from for the rich? The poor would only get poorer, and the rich richer, dividing the economy even more. How does the market balance itself out?


EDIT: Something interesting:
http://cdn.gobankingrates.com/wp-con...view-graph.jpg
Source

GOAT 10-08-2015 05:29 PM

RIP cher

Areo 10-08-2015 06:53 PM

Quote:

Posted by GOAT (Post 620221)
RIP Cher, my love.

Woah goat, didn't see that coming!

Distorted_P2P 10-08-2015 09:56 PM

Quote:

Posted by Sicx (Post 620055)
Wow, didn't know people were actually that gullible..

oh it's fake? I didn't look into it too much, my bud just told me about it. I feel stupid haha.

Skt A. Sangue 10-17-2015 04:52 PM

Bump...
Quote:

Posted by Basi (Post 612738)
I am actually voting for him.


come @ me

Ghetto you know im as liberal as they come but Trump would be a great republican president. A lot of people don't like Obama now. Politically I'm indifferent. He's socially hilarious though compared to other presidents... Me? I'm voting for trump.

Lowes_Manager 10-31-2015 02:08 PM

Personally, I think Trump could win (the GOP nomination), although unlikely. A lot of people like to brush him off as being a 'joke candidate'. I can tell you now, watching Trump is like watching Obama when he first started. Very TV friendly and charismatic especially when you compare him to the other candidates (Jeb Bush, man he is not a people person). It probably comes from the years of being in the spotlight.

He is doing everything right. The media is working for him (last I checked he had only spent 2 million on his campaign) and he has a strong rhetoric that appeals to the Republican base. Latest thing he has done which really will boost his popularity is distance himself from Super PACS which really should appeal to the Center voting base.


Quote:

Posted by GOAT (Post 613028)
I actually want to see Hilary win. I want to see these N Koreans acting stupid while shes on the rag. Let ISIS f around and catch her at the wrong time of the month.

Yuck. Hillary is one of the biggest hypocrites currently in politics let alone running for president.

>is in top 1%

>constantly complains about the 1%

I heard a classmate say, 'I hope Hillary gets it because she's a girl!'

I cringed and thought about what would of happened if I, or anyone else, had said, 'I hope Cruz gets it because he's a man'.

She also seems to enjoy flouting the fact that she is a woman. Her campaign should be, "Vote for me, I am a girl!"

If I supported the Democrats (I do not), I could not comprehend supporting the woman who denounces the rich but takes money from high profile donors in the same breath.

That being said, I think Clinton will (sadly) be our next president at this current time as the EC favors the Democrats and since Biden is not running, she will easily take the DNC nomination.

Quote:

Posted by 5hift (Post 616245)
Lol.

Be sure to deport the many American celebrities who do illegal things and gain 1000x more attention for the wrong reasons first.

Try using your head a little and think why the come here in the first place.

Is it to get a better education?

Is it to get a job?

Is it to escape the dangers of their old homeland?

Nah who am I kidding, they just want to do illegal things and put their lives at risk.

Those damn immigrants!

Are you suggesting we open the borders? That is just silly. Don't get me wrong, come here legally and I have no problem with immigration. Crossing the border is just unfair to those who come here properly.

Quote:

Posted by Fulgore (Post 615321)
Actually this makes sense in a way. I'd also identify as a libertarian, but I'm not going to vote in a party that has no chance of winning a presidential election. I'd much rather vote for one of the primary 2 candidates that have a chance to win, because currently voting anything other than Republican or Democrat in the general election is virtually a wasted vote. Libertarian-ism is gaining popularity, however, and I hope to see some real contenders from the party in the future.

If you're a Libertarian you should be supporting Rand Paul.

Quote:

Posted by 5hift (Post 613387)
He's a goddamn conservative, they don't care about anyone else but themselves.

He's Donald Trump FFS.

I do not think you understand what a conservative is. I hope you don't think the whole Republican party are conservatives.

Trump is a horrible economic conservative, considering he supports a single player health care system. I think he could pass off as a moderate on economic issues.

Socially, you could argue either way. Little is known on his stance on Gay Marriage, except for the fact that he denounced that Kentucky clerk for not following the 'law of the land'. On abortion, he has switched sides from pro abortion to pro life. But, he has always supported stricter gun control. So, once again, Trump is probably center-moderate socially.

I think calling Trump a conservative monster is empty rhetoric.

I won't even try to argue your point about conservatives being 'monsters' as

1. It is subjective

and

2. You have proven you do not know what a conservative actually is.

Quote:

Posted by GlazeyB (Post 620022)

Again, his tax plan isn't designed to help anyone but the rich and hurt the economy.

Do you just binge watch MSNBC?

Trump outlined plans to cut all taxes on those who earn less than 50,000. No way can that 'hurt the economy' it will literally fuel it.

More money in a person's pocket= More fuel for the economy. Economics 101.

Quote:

Posted by Platinum (Post 620106)

Business growth =/= job growth.
Demand = need for supply = job growth.

How can a business grow without supply and demand? That is the exact way a business grows, which means your equation is better put like:

Demand= Business growth = job growth.

Because it is true, when businesses grow jobs must grow with them. The cause of a business growing is demand for a product.

Quote:

Posted by GlazeyB (Post 620092)
Mom and Pops are amazing, especially if they thrive. If that's what you're referring too, but the bigger ones are eating through the smaller ones. That needs to change.

Tax breaks for small businesses would help that, whilst a minimum wage of fifteen dollars would be detrimental.

GlazeyB 10-31-2015 02:31 PM

Quote:

Posted by Lowes_Manager (Post 627768)
Do you just binge watch MSNBC?

Trump outlined plans to cut all taxes on those who earn less than 50,000. No way can that 'hurt the economy' it will literally fuel it.

More money in a person's pocket= More fuel for the economy. Economics 101.

Did you just suck Trump's ****? I can make stupid remarks too. :D

Yes, he'll slash the rates for everyone, but you cannot just look at one part of his overall plan. His plan will hurt the economy, not in the way you're assuming with these cuts.

His desire to slap tariffs on foreign imports, which is how he's planning on funding this plan, will increase the costs of domestic goods. He's going to start a trade war and it's going to hurt. His math doesn't work.

Quote:

Tax breaks for small businesses would help that, whilst a minimum wage of fifteen dollars would be detrimental.
Much like how the constitution needs to change with time, so does the minimum wage. You cannot just say "This is what the wage will be, and forever shall be." and expect it to work out.

Lowes_Manager 10-31-2015 11:28 PM

Quote:

Posted by GlazeyB (Post 627781)
Did you just suck Trump's ****? I can make stupid remarks too. :D

Yes, he'll slash the rates for everyone, but you cannot just look at one part of his overall plan. His plan will hurt the economy, not in the way you're assuming with these cuts.

His desire to slap tariffs on foreign imports, which is how he's planning on funding this plan, will increase the costs of domestic goods. He's going to start a trade war and it's going to hurt. His math doesn't work.

Much like how the constitution needs to change with time, so does the minimum wage. You cannot just say "This is what the wage will be, and forever shall be." and expect it to work out.

You're too far gone, I was right when I said you binge watch MSNBC. You have no concept of anything.

I do not know why you think less tax on the rich is a bad thing. It has been proven to fuel economic growth in the Reagon era already.

Tarrifs with low tax brackets would actually be a good thing, much like a GST would work wonders on this country if it is implemented.

The consititution was not made to be amended, so your analogy is flawed. Needing 2/3 of states + 2/3 of congress to agree on something is a near impossible feat. Wages will increase like everything else does, but if you really need government intervention you do not raise it to fifteen dollars overnight. That would destroy small business.

Skyzer 11-01-2015 01:52 AM

Blimey. Those sure are some long posts.

GlazeyB 11-01-2015 10:17 AM

Quote:

Posted by Lowes_Manager (Post 627938)
You're too far gone, I was right when I said you binge watch MSNBC. You have no concept of anything.

I do not know why you think less tax on the rich is a bad thing. It has been proven to fuel economic growth in the Reagon era already.

Tarrifs with low tax brackets would actually be a good thing, much like a GST would work wonders on this country if it is implemented.

The consititution was not made to be amended, so your analogy is flawed. Needing 2/3 of states + 2/3 of congress to agree on something is a near impossible feat. Wages will increase like everything else does, but if you really need government intervention you do not raise it to fifteen dollars overnight. That would destroy small business.

Really, I'm too far gone? I think I'm pretty grounded compared to you.

What taxes do they currently have? They've became richer in the past decade from all the breaks and loopholes. Like, holy ****, are you really in this much denial?

Those tariffs are going to start a trade war, that trade war is going to throw us back into a state I'd rather not see again.

Article 5 of the Constitution wants to speak with you, It wants to tell you that you're ****ing wrong. You're right, it is a near impossible feat in todays government because they're all paid off by corporations and the rich. Change has to start somewhere.

The minimum wage should be the minimum amount of what a person needs in order to live. That is not the case today. Does it need to change? Yes. Does it need to change often? No.

Lowes_Manager 11-01-2015 07:56 PM

Quote:

Posted by GlazeyB (Post 628111)
Really, I'm too far gone? I think I'm pretty grounded compared to you.

What taxes do they currently have? They've became richer in the past decade from all the breaks and loopholes. Like, holy ****, are you really in this much denial?

Those tariffs are going to start a trade war, that trade war is going to throw us back into a state I'd rather not see again.

Article 5 of the Constitution wants to speak with you, It wants to tell you that you're ****ing wrong. You're right, it is a near impossible feat in todays government because they're all paid off by corporations and the rich. Change has to start somewhere.

The minimum wage should be the minimum amount of what a person needs in order to live. That is not the case today. Does it need to change? Yes. Does it need to change often? No.

They've became richer from creating wealth for themselves, yes. The USA Is the only country in which companies are charged corporation tax for profits they make overseas, that is what needs to change. I do not blame a company such as Apple from hiding their taxes abroad, it is not ours. But, if we stopped taxing them for profits made overseas (or even just lowered the rate altogether), they'd bring that money back and spend it on jobs, infastructure and technological development that would help us all.

I agree with you, loopholes should be closed. Our 800 paged tax code will be the place to start. Trump knows first hand how easy it is to dodge taxes, and it seems he has plans to change it. http://http://www.bloomberg.com/politics/articles/2015-08-26/donald-trump-says-he-wants-to-raise-taxes-on-himself

Tariffs- No substance once again. Clearly told you that, like a GST, tariffs would not be as detrimental as you say. You must also think our sales tax is bad. By the sounds of your ignorance, I'm sure you support Bernie Sanders, he probably wants tariffs raised too.

Constitution- changed just 17 times in the past 250 years. Any chance you get to blame something on the rich though, truly funny. Moreover, how does the article need to speak to me? I clearly affirmed the fact of how hard it is to change the constitution as dictated by the article you speak of. I think you are the one that needs to understand that the constitution was not made to be amended.

Minimum wage, once again, can and does change with the market. Both Denmark and Germany does fine without one.

Stop swearing, it is unneeded and childish.

Skyzer 11-02-2015 01:32 AM

What if Hilary and Trump ****ed? That'd be kinda neato.

Sir 11-02-2015 02:01 AM

Quote:

Posted by 19112526518 (Post 628446)
What if Hilary and Trump ****ed? That'd be kinda neato.

Their baby would be Jim Webb


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