GOP Senators filibuster the Buffett Rule

[cybrsage]

and yet you've probably been bitching about a convention.

Can you restate this in a non-incomprehensible manner?

 

[FerrelGeek]

I would rather spend $1M on peoples jobs than on parts for an Abrams Tank.

"Defense spending", when it is brought up now, means what it IS now, not what it could become. What it is now is fat-cat contracts, overpriced mercenaries, and an overtaxed "professional" military that is made up of less than 1% of our population on a VOLUNTARY basis.

It is too disconnected and too inefficient an animal to handle our current problems. I was hoping this would subside after the Russian Menace was dispelled, but government agencies just found someone else to fear and dumped money on it.

Stripping away your partisan ranting, there is a nugget of truth here. As I said, we can stand to revamp our defense spending to better suit our current situation, and plan for long-term possibilities. Not opposed to that. But remember, $1M on Abrams parts does provide jobs. Who do you think designed those parts? Tested those parts? Built those parts? Shipped those parts?

 

[Ausm]

Stripping away your partisan ranting, there is a nugget of truth here. As I said, we can stand to revamp our defense spending to better suit our current situation, and plan for long-term possibilities. Not opposed to that. But remember, $1M on Abrams parts does provide jobs. Who do you think designed those parts? Tested those parts? Built those parts? Shipped those parts?

I rather spend 1 million in infrastructure.

 

[Ninjahedge]

Stripping away your partisan ranting,

It ain't partisan. I never blamed either party on this.

there is a nugget of truth here. As I said, we can stand to revamp our defense spending to better suit our current situation, and plan for long-term possibilities. Not opposed to that.

That is where I draw the line. I also draw it in saying, we do not need to pay the military to do everything for us.

But remember, $1M on Abrams parts does provide jobs. Who do you think designed those parts? Tested those parts? Built those parts? Shipped those parts?

I really do not care. Really. That was not the point. If you simply did not BUILD that tank and HANDED OUT THE MONEY, you would have more people "employed". That is not a feasible solution, but it points out our incongruity.

We cannot be afraid to revamp our structure because of the threat of job loss. Hell, most GOP "free market" individuals are VERY strongly opinionated on that matter (automation at plants, even Romney's work history FCS).

This is not something we shut down tomorrow, but it is not something we keep saying is "off limits" because it may effect someone.

 

[Ninjahedge]

I rather spend 1 million in infrastructure.

Or schools.

Or energy research.

Or medical research.

There are much better ways to be using our money.

 

[ElFenix]

Can you restate this in a non-incomprehensible manner?

gsa convention? after all, $800,000 is less than a drop compared to billions if billions is a drop compared to hundreds of billions.

 

[Throckmorton]

Because even when the top rates were at 70-90% we still ran deficits. Progressives love to blame the Deficit on the Bush tax cuts but even the highest estimates on the revenue ending the cuts will bring is $90Billion/Year. Someone get back to me when $90Billion Revenue closes a $1.2Trillion Deficit.

And that's your reason for supporting an unfair regressive tax?

 

[cybrsage]

gsa convention? after all, $800,000 is less than a drop compared to billions if billions is a drop compared to hundreds of billions.

OH! At least you almost posted complete sentences this time. They were comprensible at least.

You are confusing misconduct with proper conduct. The two are not the same.

 

[ElFenix]

OH! At least you almost posted complete sentences this time. They were comprensible at least.

You are confusing misconduct with proper conduct. The two are not the same.

hey, a personal attack. how awesome of you.


waste is waste.

 

[Ausm]

hey, a personal attack. how awesome of you.


waste is waste.

Like Cybrsages's posts? 😀

 

[woodie1]

Like Cybrsages's posts? 😀

Pot v. kettle.

 

[Ausm]

Pot v. kettle.

🙁 I take it that you don't like my Politics...Ask me if I give a fuck. 😀

 

[nextJin]

worked in ww2

WW2 didn't help with the depression it prolonged it, most other countries were rebounding well before the end of the war. Believing war ends recessions or depressions is bad history, all of the money, labor and resources were wasted (in terms of value) because absolutely nothing that was made went back into our economy. When those hundreds of thousands (if not millions) of troops came home they quickly came back into the workforce and sparked the economy into moving again.

The same could technically happen in this century but likely it'll be the exact opposite because I seriously doubt the United States will ever be war free for the rest of it's existence, the great thing about the war on terror is there is always people to kill and their numbers will only ever increase because of us so it's the perfect catch 22 for everyone.

 

[fskimospy]

WW2 didn't help with the depression it prolonged it, most other countries were rebounding well before the end of the war. Believing war ends recessions or depressions is bad history, all of the money, labor and resources were wasted (in terms of value) because absolutely nothing that was made went back into our economy. When those hundreds of thousands (if not millions) of troops came home they quickly came back into the workforce and sparked the economy into moving again.

The same could technically happen in this century but likely it'll be the exact opposite because I seriously doubt the United States will ever be war free for the rest of it's existence, the great thing about the war on terror is there is always people to kill and their numbers will only ever increase because of us so it's the perfect catch 22 for everyone.

This is definitely not correct. US GDP increased by more than 40% in inflation adjusted terms during World War 2, and the US economy in fact contracted in the 5 years following the end of the war and the return of the troops.

 

[nextJin]

This is definitely not correct. US GDP increased by more than 40% in inflation adjusted terms during World War 2, and the US economy in fact contracted in the 5 years following the end of the war and the return of the troops.

Gross Domestic Product, is defined as the sum of consumption expenditure, investment expenditure, government expenditure, and net exports. A problem arises with government spending such as how do we assess something not traded in markets? We can assess my computer, my shirt, and my pen because I voluntarily exchanged money for them. How do we assess government purchases? In the national-income accounting they are valued at cost, but at best this only tells us what those resources could have earned in alternative lines of production. The costs don't indicate the value of what the government has produced.

Nothing significant stayed within the economy, if we produced 20 trillion tires for vehicles then gave them all away to different countries how did we effectively grow our economy?

And I should go back a bit, WW2 ended most of the New Deal allowing capitalism to turn the disaster that was FDR around. This is a highly argued discussion by Keynesian and Austrian economists but I side with the Austrians as historically they have called it to the T with every single major issue in the last 60 years including the Housing bubble in which Bernanke seemed to think it was perfectly fine months before the crash.

 

[RedString]

You know what would really save us money - pulling out of current wars, cut back on militarism, and focus primarily on our national defense.

BS bills are chump-change distractions compared to what could be accomplished if we stopped sending crap to Israel and stopped trying to be the worlds watch-dog.

Ofc, you're not going to find this change from Obama or Romney.