Obama cautions freshman House Dems of liberal policies and their price tag

88m3

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Questionable politics. Was he a good politician? I have a short attention span. The candidates he campaigned for in 2016, how did they do? Is the black guy from Florida governor. Is the black lady from Georgia governor? My memory stinks.

Obama is the reason that white America hate black people and democrats.

:troll:
 

88m3

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I've been saying that Democrats are just republicans in sheep's clothing for years. :mjlol:

It was pretty obvious when they let the GOP stonewall them through Obama, then jumped at the opportunity to "work across the aisle" when Trump got elected.

But now Obama's just coming out and espousing conservative fiscal policies "We can't have a welfare state guys, c'mon :troll: This isn't the Soviet Union :troll:" and still has the audacity to label himself a 'democrat'. The guy who bailed out Wall Street is trying to lecture us about price tags when we ask for things that are actually beneficial to society and not just a golden parachute for the 1%. shyt's a walking joke at this point. :mjlol:


Yup. Both sides.
 

Robbie3000

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Wait till the lefts AOC supporters realizes what she has cost them.
:wow:



Obama trying to steer the party down a winning path, and they are shytting on him on Twitter.
:wow:

#wattba

What’s the point of winning if nothing progressive gets done? Hopefully the days of incrementalism in the Dem party are done.
 

BoBurnz

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The idolatry of these politicians and the subsequent demonization of anyone other than them is exhausting.
People spent weeks calling Pelosi "mother" and shyt after the workers forced Trump to back down less than 5 hours after the threat of a unified transportation strike. :snoop:

Politicians are not your friends, they are elected representatives that you should always be skeptical of.
 

Berniewood Hogan

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i notice that hillary had never done anything, but that didn't stop your support. name 3 of her accomplishments that didn't stem from being a president's wife
1. Successfully assassinated the international criminal Benjamin Gozzy
2. Closed the deal on selling all our uranium to the bad guy from Rocky IV
3. Sent an email
 

DirtyD

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didn't think i'd see posters in here acting like AOC had actually presented a clear and concise way to pay for her bullshyt :ehh:
The idea that a 70% top marginal tax rate isn't clear, concise, or feasible is ahistorical idiocy of the highest order.


There was never much evidence for this assessment. In public opinion polls, raising taxes on the rich consistently ranks as one of the most popular ideas in American politics. Moreover, political-science research suggests that the American people’s resentment of the wealthy is bitter and deep — and, in the not-too-distant past, Democrats succeeded in leveraging such resentment for political gain.

Meanwhile, as far as plans for class war go, Ocasio-Cortez’s was more “Jimmy Carter” than “Jacobin.” As recently as 1980, the U.S. taxed all incomes above $216,000 (or $658,213 in today’s dollars) at 70 percent rate. And recent research on optimal taxation has suggested that the ideal top marginal rate might be closer to 80 percent.



Poll: Majority Backs AOC’s 70 Percent Top Marginal Tax Rate

00-obama-tax-rates-13-10-13.jpg
 

the cac mamba

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The idea that a 70% top marginal tax rate isn't clear, concise, or feasible is ahistorical idiocy of the highest order.






Poll: Majority Backs AOC’s 70 Percent Top Marginal Tax Rate

00-obama-tax-rates-13-10-13.jpg
breh, that whole notion is complete bullshyt. you think the wealthy in the 50s were just bending over to let the gov take 90 percent of their money :comeon: loopholes are as old as time

10 million is too low by the way, this isnt the soviet union. id support it kicking in over 30 million
 

DirtyD

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breh, that whole notion is complete bullshyt. you think the wealthy in the 50s were just bending over to let the gov take 90 percent of their money :comeon: loopholes are as old as time

10 million is too low by the way, this isnt the soviet union. id support it kicking in over 30 million
I’m not saying that a top marginal rate of above 90 percent is optimal with respect to the larger economy. (The economists Peter Diamond and Emmanuel Saez say 70 percent would be better.) But it did squeeze more money out of wealthy people. But what about those loopholes? Actually, as a share of adjusted gross income, total deductions were lower in the 1950s than they are today, not higher. That’s why so many people are demanding tax reform today. But the lesson of the 1950s is that you can eliminate tax loopholes and raise rates well above their level today, and still end up with a healthier economy than the one we’ve got today.

David Brooks Doesn't Remember the 1950s Very Well
 

DirtyD

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breh, that whole notion is complete bullshyt. you think the wealthy in the 50s were just bending over to let the gov take 90 percent of their money :comeon: loopholes are as old as time

10 million is too low by the way, this isnt the soviet union. id support it kicking in over 30 million
I’m not saying that a top marginal rate of above 90 percent is optimal with respect to the larger economy. (The economists Peter Diamond and Emmanuel Saez say 70 percent would be better.) But it did squeeze more money out of wealthy people. But what about those loopholes? Actually, as a share of adjusted gross income, total deductions were lower in the 1950s than they are today, not higher. That’s why so many people are demanding tax reform today. But the lesson of the 1950s is that you can eliminate tax loopholes and raise rates well above their level today, and still end up with a healthier economy than the one we’ve got today.

https://newrepublic.com/article/112702/david-brooks-doesnt-remember-1950s-very-well
 
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