Posted on 11/21/2006 12:14:53 PM PST by presidio9
"They seriously expected to hold on to blue collar Republicans and Reagan Democrats who were having to work three jobs to keep from losing their homes because of $3.50 a gallon gas, skyrocketing mortgage rates and utility bills, doubled credit card minimum payments, and new laws designed to make it harder even to declare bankruptcy?"
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Property taxes nearly doubled here in Ct in the last 5 years too.
because everything you cited is the engine that creates more jobs. IMO
Because SS benefits are capped out, and people in the highest tax brackets don't even qualify for Medicare. And capital gains taxes are capped out lower because the investor already paid income tax on the principal. And because investment, not taxation, is what creates jobs in the firstplace (and thereby more taxation).
Incidently, SS and medicare are not taxes.
And what are you doing here on FR?
A family of 4 making 40 grand pays practically nothing in income taxes.
The bottom 50% of wage earners pay 5% of the income taxes.
If we skew things anymore towards the middle we'll have to declare the "rich" indentured servants.
Well said and echos much of what I have heard and thought over the past 18 months.
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I would rewrite your statement as
Most people have no clue about economics and fall prey to emotional appeals and arguments.
Actually, we have quite a few. Just about any industry you can name with factories in the US is looking to expand in China. When you pay people pennies a day, it looks very attractive.
Funny you mentioned textiles. There used to be a lot of places that made textiles, but they couldn't compete against slave labor.
And yes, unemployment is low (although the methods for finding it, like inflation, are always changing), and that is part of the reason we have so much illegal immigration going on.
More people benefit from $2 socks than benefit from $5 socks.
There's an inherent tariff on foreign goods merely in the extra cost of shipping. If Americans cannot produce as good or better quality sock for the same price, then they should get out of the sock business and find something they can do competitively. If so-called "slave" labor can produce a higher quality product that our domestic skilled labor can... I guess it's not much of a skill then, is it?
We USED TO have a lot of textile manufacturing in this country. Now we don't. Why? Can't compete with overseas labor that doesn't have OSHA standards or other basic protections.
There are an awful lot of "used to's" in US industry - things America USED TO make, but now imports, because the imports are cheaper, because of rock bottom labor standards.
And Americans who USED TO do those manufacturing jobs? They've had the hell squeezed out of them, are watching their pension plans fall apart, and are increasingly voting Democrat.
When you see the Republicans get swept in Indiana and Ohio, and those states go blue, you are seeing a power shift that can't be recovered.
So, the GOP can either decide to skew things towards the working middle, or the Democrats will do it. What isn't going to happen is a maintenance of the current status quo, because the pain and insecurity levels are ratcheting up too high for too many people.
You've got a typo in there. He's dead ~wrong~.
Just tryin' ta' be helpful. :-)
As I pointed out (and you ignored), with unemployement at a historic low, your post is irrelevant. Please don't waste my time.
My property taxes have gone up 40% in the past 5 years here in TX, under republicans.
Much better.
Gots to follow da rules.
Not the same thing as slave labor. The point is people are not not working in this country.
Let in 12 million illegal aliens and encourage rampant illegitimacy through our welfare policies and you're going to naturally create income disparities between those who play by the rules and those who don't.
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Good answer!!
So the GOP must become liberal, or risk losing everything. This is the second time this week that I have read this kind of twisted logic from a "conservative" here on Free Republic
The only way the GOP and conservatives can win is to become liberals. If that's what it takes to win, then what's the victory about????
Oh, so your "solution" is to raise taxes not lower them. How brilliant.
I can honestly tell you that a family making $50K a year doesn't quite give a rat's ass about how much in taxes some guy is paying who makes a million a year. So your solution to raise taxes on the "wealthy" is a loser.
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