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Thread: Republicans have no answer to this simple chart

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    Quote Originally Posted by cawacko View Post
    What did Carter do that you feel was a middle class distribution of income? (not a rhetorical question)

    Edit: I'd also be curious to hear what you think Nixon didn't do
    Those are good question, and why I hedged my bets between LBJ and Carter. The main point with Carter is that he was the last president under the JFK tax rates before the worst policy in our country's history, the start of the Reagan tax cuts for the rich.

    I can't really think of a ton Carter did that advanced the middle class as much as continuing previous policies - but that's partly because I'm not that well informed about Carter's agenda, other than being broadly Democratic. I recall his saying he got more of his
    agenda passed than any president since and plan to review more of that. He did initiate a lot of deregulation, which was mixed for the middle classes, but lowered prices on a lot. He also appointed Paul Volcker to slash inflation.

    Similar with Nixon - his presidency is a bit complex in that most of his massive harm was long-term, paving the way for the right-wing shift under Reagan - while he supported the rich, his politics were much more moderate domestically much of the time.

    Think about some of the names Nixon gave the country for future destruction - The Bushes, Dick Cheney, Donald Rumsfeld, Roger Ailes, the move toward a right-wing supreme court that said money is speech, Roger Stone and many more - it was under his push for corporate America to organize politically that today's corporatocracy structure was largely formed - organizations like AEI, Heritage, Cato, and others either created or rebuilt as powerful tools of the wealthy to take over government.

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    Quote Originally Posted by Craig234 View Post
    Those are good question, and why I hedged my bets between LBJ and Carter. The main point with Carter is that he was the last president under the JFK tax rates before the worst policy in our country's history, the start of the Reagan tax cuts for the rich.

    I can't really think of a ton Carter did that advanced the middle class as much as continuing previous policies - but that's partly because I'm not that well informed about Carter's agenda, other than being broadly Democratic. I recall his saying he got more of his
    agenda passed than any president since and plan to review more of that. He did initiate a lot of deregulation, which was mixed for the middle classes, but lowered prices on a lot. He also appointed Paul Volcker to slash inflation.

    Similar with Nixon - his presidency is a bit complex in that most of his massive harm was long-term, paving the way for the right-wing shift under Reagan - while he supported the rich, his politics were much more moderate domestically much of the time.

    Think about some of the names Nixon gave the country for future destruction - The Bushes, Dick Cheney, Donald Rumsfeld, Roger Ailes, the move toward a right-wing supreme court that said money is speech, Roger Stone and many more - it was under his push for corporate America to organize politically that today's corporatocracy structure was largely formed - organizations like AEI, Heritage, Cato, and others either created or rebuilt as powerful tools of the wealthy to take over government.
    Economically Nixon was a Keynesian who officially took the U.S. off the gold standard. He also massively expanded The Great Society programs started by LBJ.

    I'm not familiar with his push for right wing think tanks.

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    The big 3 auto companies give yearly bonuses to their workers. I read this year near 12 K. They have been doing this for years. It is recognition that workers are a big part of the success and profits of a company. Seems posters here think it is all due to some top flight execs. Truth is they must just not screw it up. There is nothing new in managing the companies. There are so many layers of management. Galbraith called managers ratifiers. They simply sign on to what the workers compile. All the information is gathered, all the stats and data analyzed and then handed to the "decision makers". The data drives the choice.

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    Quote Originally Posted by Kacper View Post
    I am not a republican but you are ignoring that this gap started with the enactment of the earned income tax credit and has been widening as that program has expanded and more credits have been piled onto the heap that remove wage pressures by shifting the costs onto the government. It isn't simply a tax cut phenomenon. The democrats have been 100% on-board subsidizing wages, and it why union membership has significantly declined--no need to join a union when the democrats are there to make you more comfortably poor.
    When was last raise in the minimum wage? Truth is the top tax rate was over 90 percent in Eisenhowers time and has dropped over and over. Funny, but the national debt seemed to rise with it.During OIkes time, corporations kicked in 30 percent of government revenue. Now it is under 10. The Repubs want to starve the beast . Destroy the government for their short term benefit.,

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    Quote Originally Posted by Nordberg View Post
    When was last raise in the minimum wage? Truth is the top tax rate was over 90 percent in Eisenhowers time and has dropped over and over. Funny, but the national debt seemed to rise with it.During OIkes time, corporations kicked in 30 percent of government revenue. Now it is under 10. The Repubs want to starve the beast . Destroy the government for their short term benefit.,
    Can we go back to when Europe and Japan were still rebuilding from the war and China and India were struggling just to feed their own citizens? We were also on the gold standard then as well. Can we go back to that?

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    Quote Originally Posted by cawacko View Post
    I'm not familiar with his push for right wing think tanks.
    http://billmoyers.com/content/the-po...-corporations/

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    This was under Nixon.

    “From 1969 to 1972,” as the political scientist David Vogel summarizes in one of the best books on the political role of business, “virtually the entire American business community experienced a series of political setbacks without parallel in the postwar period.” In particular, Washington undertook a vast expansion of its regulatory power, introducing tough and extensive restrictions and requirements on business in areas from the environment to occupational safety to consumer protection.[

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    Quote Originally Posted by Nordberg View Post
    When was last raise in the minimum wage? Truth is the top tax rate was over 90 percent in Eisenhowers time and has dropped over and over. Funny, but the national debt seemed to rise with it.During OIkes time, corporations kicked in 30 percent of government revenue. Now it is under 10. The Repubs want to starve the beast . Destroy the government for their short term benefit.,
    Republicans don't want to "starve" anything. Have you seen the new budget proposals? They are increasing spending $500 billion in new spending over the next two years and suspending the debt ceiling until 2019. That does not include spending for the wall or infrastructure. That destroys those claims Republicans want to cut spending and is turning many conservatives against their party.

    The claim that corporations pay less than 10% of federal income taxes is misleading. Today, most corporate taxes are paid through S-Corporations which is taxed through the individual tax code rather than corporate income tax. The number of those S-Corporations has increased from 10 million to over 30 million while the number of corporations have declined. The business generated by those S-Corporations has increased from $320 billion in 1980 to $1.6 trillion in 2010 which is more total income than C-Corporations. So, most corporate taxes are being taxed through individual rates and does not appear under corporate income taxes.

    https://www.washingtonpost.com/busin...=.2dca7f3c1a4b

    http://www.politifact.com/truth-o-me...rporations-ha/

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    Quote Originally Posted by cawacko View Post
    Everybody is on S.S. it's basically impossible not to be on it once you become a senior
    even Bill and Hilliary are on social security.......so is Trump.......

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    Quote Originally Posted by Craig234 View Post
    This chart summarizes the economic history of the US workers since the Republican tax cuts for the rich, showing how it began giving all new economic growth in the rich for decades now, causing our record inequality.

    http://www.delawareliberal.net/wp-co...oductivity.png
    So you demand everyone be equally POOR? Really? That's interesting.

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    Quote Originally Posted by cawacko View Post
    Can we go back to when Europe and Japan were still rebuilding from the war and China and India were struggling just to feed their own citizens? We were also on the gold standard then as well. Can we go back to that?
    The US has always needed to plan for the other 95% of the world advancing. Instead, we have let our wealthy class cripple our competitiveness for that - our plan now is to rely on the military power to keep our power. It's immoral.

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    Quote Originally Posted by Flash View Post
    Republicans don't want to "starve" anything. Have you seen the new budget proposals? They are increasing spending $500 billion in new spending over the next two years and suspending the debt ceiling until 2019. That does not include spending for the wall or infrastructure. That destroys those claims Republicans want to cut spending and is turning many conservatives against their party.
    You don't understand what starve means. The debt is the tool the Republicans use to force massive cuts in social spending that they can't otherwise pass. That's why every big deficit increase in peacetime has been under a Republican administration.

    They keep jacking up military spending - that also cuts the funds available for the people on social spending.

    The claim that corporations pay less than 10% of federal income taxes is misleading. Today, most corporate taxes are paid through S-Corporations which is taxed through the individual tax code rather than corporate income tax. The number of those S-Corporations has increased from 10 million to over 30 million while the number of corporations have declined. The business generated by those S-Corporations has increased from $320 billion in 1980 to $1.6 trillion in 2010 which is more total income than C-Corporations. So, most corporate taxes are being taxed through individual rates and does not appear under corporate income taxes.
    https://assets.motherjones.com/polit...-taxrate_3.png

    https://www.motherjones.com/politics...a-chart-graph/

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    Quote Originally Posted by cawacko View Post
    This was under Nixon.

    “From 1969 to 1972,” as the political scientist David Vogel summarizes in one of the best books on the political role of business, “virtually the entire American business community experienced a series of political setbacks without parallel in the postwar period.” In particular, Washington undertook a vast expansion of its regulatory power, introducing tough and extensive restrictions and requirements on business in areas from the environment to occupational safety to consumer protection.[
    Yes, the last time democracy worked, and Nixon led the way to business becoming far more politically powerful and reversing all that and ending real democracy leading to the last 30 years leading to plutocracy. You didn't understand the article, a waste.

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    Quote Originally Posted by Craig234 View Post
    Yes, the last time democracy worked, and Nixon led the way to business becoming far more politically powerful and reversing all that and ending real democracy leading to the last 30 years leading to plutocracy. You didn't understand the article, a waste.
    The only time Nixon is mentioned in the article is to complain about him and the quote I posted above. What did he have to do with businesses coming together?

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    Quote Originally Posted by cawacko View Post
    The only time Nixon is mentioned in the article is to complain about him and the quote I posted above. What did he have to do with businesses coming together?
    The article is about the Powell memo - Powell worked for Nixon, wrote the memo for his presidency, and was put on the Supreme Court by Nixon to begin changing the constitution to help increase business power.

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