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Old 04-05-2006, 10:16 AM   #1
Gemini Cricket
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Rangel is right about this issue. Tax cuts for all of Capitol Hill's friends, special interest groups and campaign contributors. Whoo hoo! And yet Social Security is messed up and Medicare is messed up... Not to mention the huge deficit. But let's allow the rich to get richer.
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Old 04-05-2006, 10:30 AM   #2
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I think most people get the ramifications of such a cut- it's not necessary to headline it in any other manner. Obviously the people that have money to invest are going to be the winners in this game- that was the point that the opposition made way back, and they were right. I'm still waiting to see a return on all those freed up dollars that are gonna be reinvested in our economy. It's hard to see over that pile o'deficit, though.
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Old 04-05-2006, 10:39 AM   #3
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But is it easier to see over the pile of a country approaching (statistically) full employment, good growth in investment markets, and good economic growth in general (particularly compared to most other industrialized nations).

If the last 50 years have shown anything it is that large deficit spending does not seem to correlate to any particular hampering of the economy. I'm still not in favor of massive deficit spending but the fact that a tax cut doesn't reduce a deficit doesn't really bother me.

If we want to get rid of the deficit then the answer that has worked historically (much better than trying to raise taxes) has been to spend less money and get lucky with the economic cycles.
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Old 04-05-2006, 11:41 AM   #4
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Full employment? My, the good folks in the Gulf region and Appalachia will appreciate that. Hell, the people in my town will. Theywill never get an accurate count regarding unemployment simply by counting the people recieving bennies- many people either don't qualify or have had their benefits run out. I wish I could buy into this rosy picture, Alex, but I don't see it from my vantage point. This neo-trickle down economics only works for some, and they aren't letting the money go downhill.

Oh, and don't even get me started on pension plans.
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Old 04-05-2006, 12:34 PM   #5
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I'm not an advocate of trickle down economics.

However, at the national level (which is the level the President should be primarily concerned with) things are going very well economically.

In the most depressed economies there will be segments that are doing very well and in the most robust economies there will be segments that are doing very poorly. But nationally, unemployment is very low. It is at levels that only 20 years ago were considered below the theoretical minimum threshhold. Yes, there are areas where it is worse, such is the nature of an average. There are also places where it is much better.

There are currently only five states where unemployment is as high as 5.5% (and one of them is Alaska where unemployment is always high due to the seasonal nature of most their industries) which is a number that not so far in the past would have been a miracle economy. Even in the Gulf Coast states unemployment is low for the most part.

Yes there are flaws in the system of calculating unemployment but they tend to cause both under- and over- counting (it doesn't count people who have given up on finding work, but it tends to undercount the self-employed and has a mixed bag when deciding how to count people who were not interested in being in the job market but have been drawn in by an improving economy). While there are certainly pockets of bad, overall the picture is pretty damn good (especially compared to other countries where unemployment figures in Europe are generally two or three times as high; and all members of the EU use essentially the same method of counting as the U.S.)

I think it is easy to make a case that Bush hasn't done much to help the economy but it is hard to make one that he has hurt it, particularly at the local level. Considering that Bush has spent the money regardless of whether he has had the money coming in it is hard to see how another couple billion in investment taxes would have changed much.
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Old 04-05-2006, 01:18 PM   #6
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OMG, wait ... I'm confusing this with the other pedophile story in the news today. Wow, heavy newsday for sexual depravity.


Heh, here's an idea for ya ... howzabout we make it legal for kids to have sex, oh, i dunno, when they hit puberty??? Ya know, kind of in agreement with God and nature and all??
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Old 04-05-2006, 01:32 PM   #7
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I have no problem with kids having sex with other kids at puberty (or even before). I do have a problem with adults having sex with kids since almost by definition it is an unequal power relationship in which even if consent is given the emotionally maturity is not in place to give that consent.

Yes, this creates a blurry line (is a 20-year-old with a 16-year-old bad?) but I think it is a line that needs to exist. If biological ability is the sole basis on determining what we think appropriate for children then we have a whole lot of reorganization we need to begin.
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Old 04-05-2006, 02:12 PM   #8
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Quote:
Originally Posted by innerSpaceman
OMG, wait ... I'm confusing this with the other pedophile story in the news today. Wow, heavy newsday for sexual depravity.


Heh, here's an idea for ya ... howzabout we make it legal for kids to have sex, oh, i dunno, when they hit puberty??? Ya know, kind of in agreement with God and nature and all??
My kid hit puberty this year- she's ten. If any adult thinks it's okay to go after her, then they needn't worry about getting arrested. I'll ****ing kill them long before the cops catch them.
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Old 04-05-2006, 02:13 PM   #9
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The four major federal agencies involved in child pornography investigation have always been U.S. Immigration and Customs (to keep it from being shipped to the country and more specifically to prevent children from being brought into the country specifically for sexual exploitation), Department of Justice (obviously), U.S. Postal Inspection Service (the mail police), and the Secret Service.

Customs and Secret Service used to be part of the Department of Treasury (Customs did the investigative work and Secret Service provided forensic and technical services) and when both agencies were moved to DHS these roles went with them. There are a lot of functions under DHS now that have nothing to do with terrorism (which is a big part of the problem with DHS and helped contribute to the FEMA fiasco).
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Old 04-05-2006, 02:15 PM   #10
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Quote:
Originally Posted by wendybeth
My kid hit puberty this year- she's ten. If any adult thinks it's okay to go after her, then they needn't worry about getting arrested. I'll ****ing kill them long before the cops catch them.

There is not a loud enough AMEN and ME TOO for that one. No snaps could agree more...but in the interest of showing my wholehearted agreement (yes, mark the date I fully agreed with WB )

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