patrick.net

bob2356 says

Cloud says

I don't object to raising taxes on "wealthier people" if the socialists in your party would agree to cut dramatically the size and growth of government.

Excellent, I assume you would start with a 50% cut in military spending.

Why are you spinning? That isn't what he asked you.

bgamall4 says

rich presidents, like Teddy Roosevelt have challenged the wealthy and protected the middle class.

Oh yes, they "protected" their pockets that's what they protected. They have you believing they are protecting the so-called middle class, how they love to sell that bullshite to you people and you eat it up.

Your party pushes "protecting" middle class because what is essentially lower income and welfare they make a fuckload a money off of ...starting with UNIONS, dues, fees, social programmes, clinics, Medicaid, educational bullshite, rights protections, etc. etc. etc. and all the real money put out results in Xtimes back which goes straight back into their Democratic pockets.

Cloud says

Patrick says "Why don't you ever object to non-productive rent-seeking the same way you object to taxes?

Why do you say that poor and middle class people should work, but rich people shouldn't have to?

Why do you always approve of the rich living off of the work of poor and middle class people?"

The leaders in your party are filthy rich why don't you ask them these questions?

Also what do you mean by "rich." And how do you define "living off" of the poor? Do you mean by making profit off a loaf of bread? Do you mean by making profit?

Are you giving away your new book for free?

It is ok for Nancy Pelosi to have private jets and a 100k airline booze bill paid by us because she is on your team? You really believe she is on your team.

Patrick, he has valid points here. Especially the examples provided.

Homeboy says

Reader says

Homeboy says

I don't think the rest of the population shares your view.

Yes, THAT is the problem.

Your problem.

I was agreeing with you MORON.

Cloud says

The Democrat leaders are filthy rich. They use the poor to gain power and don't care if they have to bankrupt the country in the process- with the broken system called socialism.

I know. I agree with you 100% above and beyond you are right. What part of what you say they don't want to accept is pure denial IMHO.

Let them fall for their utter bullshite full force.

We know better, and we are NOT alone.

According to Zfacts.com, 3/4th's of the National debt occurred under Republican Administrations. 20 out of 20 years were deficits. If Republicans had run balanced budgets, the debt would be around $4 trillion,not $16 trillion. According to Forbes, Obama had the slowest growth in Federal spending in over 30 years.
Romney proposes a $5 trillion addition to the National debt and a double down on the Bush tax cuts that are, at $4.3 trillion and counting, 1/4th of the entire National debt. I wish people on this blog would deal with facts in their posts.

In answer to your questions, 2009 was Bush's budget. At the time the US was in the deepest recession since the Great Depression. The stimulus saved jobs. We have over 4 million more jobs since the bottom. Two, in 12 of the 20 years, Republicans had control, in 8 years, Republicans had veto control. Three, the debt was $5.3 trillion starting 2002 and over $12 trillion starting 2010. The Tea Party started the debt talk in 2009, when Obama started his Presidency. It was only a few of us complaining in 2002,3,4. Certainly no Republican politician except Ron Paul was complaining. These facts are from Zfacts.com basically.

Reader says

Especially since they do NOT include food or gas into calculations of the CPI?

I can't believe how many people keep restating obvious lies like this.

They DO include both food and gas in the CPI.

They also publish something called the core CPI where they take out volatile items to try to smooth out the wild variations that sometimes occur in commodities. Like when there's a drought in the Midwest. Or when there's political instability in the Middle East. I assume that's what you are refering to.

tatupu70 says

Reader says

Especially since they do NOT include food or gas into calculations of the CPI?

I can't believe how many people keep restating obvious lies like this.

They DO include both food and gas in the CPI.

They also publish something called the core CPI where they take out volatile items to try to smooth out the wild variations that sometimes occur in commodities. Like when there's a drought in the Midwest. Or when there's political instability in the Middle East. I assume that's what you are refering to.

Core CPI
http://inflationdata.com/articles/category/inflation-2/quantitative-easing/

Reader says

tatupu70 says

Reader says

Especially since they do NOT include food or gas into calculations of the CPI?

I can't believe how many people keep restating obvious lies like this.

They DO include both food and gas in the CPI.

They also publish something called the core CPI where they take out volatile items to try to smooth out the wild variations that sometimes occur in commodities. Like when there's a drought in the Midwest. Or when there's political instability in the Middle East. I assume that's what you are refering to.

Core CPI
http://inflationdata.com/articles/category/inflation-2/quantitative-easing/

Reader

Glad you understand the difference now. Try to keep it straight.

tatupu70 says

Glad you understand the difference now.

I stand corrected on the above I meant to include CORE to the statement and will include it now so please cut your off the cuff arrogance over a single error as regards my understanding. Thank you.

Let's talk Core CPI is it not the Core CPI that is used by U.S. Fed Reserve's decisions about U.S. Monetary Policy? And do they NOT leave out food and gas and such when making such decisions? ??? And while we are at it let's get into the fractional reserve system (FRS) too!

As they say don't assume. I am not as ignorant as you thought.

It is all expained in a two word phrase TAX CREEP (look it up.)

Reader says

Let's talk Core CPI is it not the Core CPI that is used by U.S. Fed Reserve's decisions about U.S. Monetary Policy? And do they NOT leave out food and gas and such when making such decisions? ??? And while we are at it let's get into the fractional reserve system (FRS) too!

I don't know exactly which metrics the Federal Reserve uses when making decisions, but my assumption would be that they would weigh many, many data points. I think I've seen that they even look at purchases of men's ties and women's bras. I'm sure both CPI and core CPI are analyzed. And I'm also sure that they look very deep into both numbers--understanding why prices in each sector are either rising or falling.

To imply that the Federal Reserve policymakers are so lazy as to just use a single number in the analysis is beyond ridiculous.