Lowest unemployment since the moon landing.

[LV426]

here is the education example that clearly proved you wrong

So you first started out arguing that education as a percentage of GDP is "skyrocketing".

When I posted the chart in your link that showed that wasn't the case at all, you shifted tactics and lowered the bar to refer to ambiguous gross spending.

But what you failed to do was tie that gross spending to your theory on tax cuts because there's no data to support it.

 

[LV426]

when 5% of the population are using 50% of the resources, I think we have a growth problem.

Another distraction.

How do you grow an economy if all you do is save money?

How come personal savings were at their highest rates when the top tax rate was 90%?

 

[LV426]

you sound like a guy on steroids asking how he is going to keep getting bigger if he stops injecting drugs into his veins.

No, you're just a fucking idiot with half-assed excuses.

Your caveman brain just doesn't want to live in the reality where the personal savings rate was at its highest when the top tax rate was 90%.

 

[zymurgy]

So you first started out arguing that education as a percentage of GDP is "skyrocketing".

I linked to an article. you focused on a single chart in that article.

you proved to be a moron when you can't use a chart showing spending by GDP and do the math to still see we spent way, way less in the 70's. every turn you prove to be a dipshit

like when you talked about the margin of error when we were discussing high school graduation rates. you are just dumb. and so dumb you don't know how dumb you are.

 

[LV426]

both in gross dollars and inflation adjusted dollars

Which goes to prove, what?

According to the data in your chart, education spending seems to have stalled out in the mid-1970's.

So when you said it "is skyrocketing", you were exaggerating by talking about gross dollars to try and shock people with a big number.

But the rest of us understand that gross dollars isn't the best way to measure things, and you understood that too, which is why you posted that link that showed ed spending as a percentage of GDP.

It's like you pulled down your own pants just to punch yourself in the dick.

 

[zymurgy]

No, you're just a fucking idiot with half-assed excuses.

Your caveman brain just doesn't want to live in the reality where the personal savings rate was at its highest when the top tax rate was 90%.

it isn't half baked - it is obvious. savings are down because savings rates are down. With no incentive to save, people don't save. They spend - and you even admitted that is what you want of them.

 

[zymurgy]

Which goes to prove, what?

According to the data in your chart, education spending seems to have stalled out in the mid-1970's.

8k per kid in 1978. 20k per kid in 2020 is not stalling out. And that 8k figure - that is measured in todays dollars.

you lose dumbass

 

[LV426]

I proved your theory crap.

What theory of mine did you disprove?

You are the dumb fucking idiot who started out arguing in terms of %-of-GDP and when you learned that was a losing argument, you shifted to gross dollars because it's a low enough bar for you to make a sophist argument about spending.

You're just really, really bad at posting on the internet.

 

[zymurgy]

What theory of mine did you disprove?

You are the dumb fucking idiot who started out arguing in terms of %-of-GDP and when you learned that was a losing argument, you shifted to gross dollars because it's a low enough bar for you to make a sophist argument about spending.

You're just really, really bad at posting on the internet.

I proved that we are spending more, not less. and you claim us spending less is the problem.

your theory is crap - and I smashed it. you look retarded.

 

[LV426]

I linked to an article. you focused on a single chart in that article..

You linked to something you didn't read because the link -not an article, but a link- was measuring things in terms of %-of-GDP and you were using that link to argue that it "is" -NOT WAS, BUT IS- skyrocketing.

Unfortunately for you, by posting that link you showed that education spending was quite restrained starting in the 1970's, and as a percentage of GDP, it is currently at the levels it was 50 years ago.

So you exaggerated because your original thesis is so laughable.

 

[LV426]

you proved to be a moron when you can't use a chart showing spending by GDP and do the math to still see we spent way, way less in the 70's.

In terms of gross dollars, maybe, but as a percentage of GDP, certainly not.

So if your goal is to have an argument with incredibly low standards, then fine...just don't get mad when someone points it out like you're doing now.

 

[LV426]

we spent way, way less in the 70's.

Not as a percentage of GDP, which was your original measurement before you realized it only hindered your argument.

Not sure what you can determine from gross dollar spending, particularly when the percentage of GDP that spending represents doesn't change.

So if the economy grows and gross spending also grows, how are you proving that education spending "is skyrocketing" if its maintaining the same percentage of GDP?

 

[zymurgy]

In terms of gross dollars, maybe, but as a percentage of GDP, certainly not.

So if your goal is to have an argument with incredibly low standards, then fine...just don't get mad when someone points it out like you're doing now.

in terms of gross dollars, inflation adjusted dollars, and dollars per citizen, spending went up

here is the explanation for why savings are down - rates since 1980 have continued to sink. no incentive to save. Americans were told to not be responsible and to put side for a rainy day, but to spend, borrow, and boost the economy.

https://advisor.visualcapitalist.com/us-interest-rates/

 

[LV426]

savings are down because savings rates are down.

LMAO!

Wow, what an assessment, boy genius.

Why are personal savings down? Because people have to go into debt to do things like pay for tuition or medical bills, when before, government picked up a larger share of those bills.

Your theory is completely debunked by the fact that the personal savings rate was at its highest when the top tax rate was 90%.

Until you can reconcile that, your theory on tax cuts is bunkum.

 

[LV426]

8k per kid in 1978. 20k per kid in 2020 is not stalling out.

It is as an overall percentage of GDP, which was your original metric.

You have only started screeching about gross dollars when the %-to-GDP metric ceased being useful.

 

[LV426]

I proved that we are spending more, not less.

In terms of gross dollars, maybe, but what does that prove and how does it support your theory that low taxes increase personal savings when all the data shows it doesn't?

 

[LV426]

and you claim us spending less is the problem.

Nope.

Wrong again because you don't read the posts you're sloppily responding to.

My claim is that cutting taxes doesn't "let you keep more of what you earned" because the data shows that the personal savings rate declined from their peak after taxes were cut.

I have data that proves that...what you don't have is data that proves tax cuts "let you keep more of what you earned"...so you are a zealot now because you are ignoring the evidence that disproves your theory on its face.

"Axiom", "conventional wisdom", your instincts...all fucked.

 

[zymurgy]

LMAO!

Wow, what an assessment, boy genius.

Why are personal savings down?

I just said - personal savings are down because savings rates are down. Are you so stupid you can't even remember the exact thing you replied to?

Because people have to go into debt to do things like pay for tuition or medical bills, when before, government picked up a larger share of those bills.

jesus you are stupid. did the money vanish? money transfers hands, but does it get burned for warmth? Why isn't the money saved any longer? maybe interest rates?

 

[LV426]

in terms of gross dollars, inflation adjusted dollars, and dollars per citizen, spending went up

Not everywhere though...you're trying to make it sound like everything received equal increases to spending but that's simply not the case and indicative of how lazy you are here.

You're trying to gloss over all of that because you don't want to admit your tax cut theory is horseshit.

rates since 1980 have continued to sink

Gee, what happened around 1980? Oh right, tax cuts.

So you're helping me prove that as soon as taxes were cut, the personal savings rate started to decline.

So how does that prove your theory on tax cuts?

 

[LV426]

Americans were told to not be responsible and to put side for a rainy day, but to spend, borrow, and boost the economy.

Who told them that?