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It is currently Sat May 30, 2020 6:06 am

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PostPosted: Fri May 15, 2020 4:05 pm 
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DannyG2006 wrote:
Our best economic success came when the rich were being taxed more.



:!: This is true Danny the American Standard of Living, was the highest during the presidency of Dwight David Eisenhower in the 1950's. It was at that point America was closer to being a Socialist nation than any other time in it's history. The effective tax rate on the 1% was over 90%, and they still could afford fancy cars, and homes. They just didn't have the money to try and buy our reps., then Congress worked to try and achieve a consensus, rather than be polarized. We still had enough people who had lived through WWII alive to remember what pulling together means, and we built the national highway system, which we can't even keep in repair today.


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PostPosted: Fri May 15, 2020 7:22 pm 
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zeke wrote:
Sorry, I'm skeptical of Utopian money distribution schemes that sound too good to be true. It certainly sounds nice. I love Star Trek! However, I've heard communism is a pretty great system in theory too but it seems to run into a few snags when it actually gets implemented. It sure sounds nice on paper though.


Actually Communism was supposed to be the transition stage to pure Socialism and we all know how well that worked.


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PostPosted: Sat May 16, 2020 1:44 am 
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KarenB wrote:
zeke wrote:
Sorry, I'm skeptical of Utopian money distribution schemes that sound too good to be true. It certainly sounds nice. I love Star Trek! However, I've heard communism is a pretty great system in theory too but it seems to run into a few snags when it actually gets implemented. It sure sounds nice on paper though.


Actually Communism was supposed to be the transition stage to pure Socialism and we all know how well that worked.

backwards.
socialism was seen by Marx as the first necessary step to communism.
so far, even in the USSR, there has yet to be a purely communist state since none of them have achieved the elimination of personal property, money or class systems that the communist ideology requires.
even pure socialism has not been achieved anywhere, Even countries considered by people to be socialist states, like Norway, Sweden and Denmark, have successful capitalist sectors and follow policies that are largely aligned with democratic socialism.

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PostPosted: Sat May 16, 2020 3:45 am 
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:!: One thing everyone should keep in mind UBI as it was originally conceived came from conservative think tanks. It was supposed to empower people by bypassing the government bureaucratic red tape, and paying citizens directly. They could then determine how the money was to be spent, to help their individual situations, not a one size fits all solution. Also it was designed to stop the recurring cycles of boom and bust that are part of the capitalist system, making sure all citizens can participate in the economy, without the danger of falling below a financial floor into poverty, and homelessness. It is not Socialism since it is paid for by everyone to benefit everyone, and society as a whole. It may be the only practical solution if the problems caused by the virus become long term, and government payments are needed beyond the current stimulus and unemployment payments time lines. Other wise we will be piling up deficits for as far as the eye can see.


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PostPosted: Wed May 20, 2020 3:48 am 
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:!: For those hosts that were expecting maybe a second stimulus check to help you survive until venues are open again, needing karaoke, you might have to wait a while. The House passed a second round of direct payments to individuals, but the Senate is dragging it's feet, and the new relief bill will not see the light of day until June or later. The longer it takes to pump money to consumers, the longer it will take to bring back the economy, if it can be brought back?


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PostPosted: Fri May 22, 2020 4:55 am 
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:?: I guess Moscow Mitch is starting to see the light, he is now warming to the idea of yet another massive stimulus package. So far the previous packages have not provided the amount of help needed to jump start the economy. Congress cannot wait too long, or if there is another round of pandemic in the Fall and Winter, just at election time, you can bet the party in power will be blamed. Everything is pointing to a rout for the right come the Fall. The next administration will be facing a bleak future for this country, unless of course massive government programs are enacted. The two that must be looked at are UBI and infrastructure spending, since one would insure consumers would be able to continue supporting our economy, while not falling below the poverty line, into eventual homeless status. The other would put people back to work rebuilding our country's crumbling infrastructure, providing jobs for millions, and pumping back into the economy trillions in GDP growth. Truly growing our way out of government debt, not more failed trickle down economics, which have proven to fail time and time again.


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