Obama reelection 2012

[nots]

I wish I could have audited that class; I'll bet it was very interesting.

Your mention of a business class brings to mind the oft-heard proclamation that government should be run like a business. I personally believe that is a terrible notion, since government plays too many roles in our society to follow the tenets of business, even the tenets which make for successful business. One thing that comes to mind is my court. As far as the administrative work of case management and distribution of income, we follow the most strict practices available. But the business of the court cannot be based upon a regular business model. I'm not out there to generate revenues. That's a side effect of what I do. I am there to ensure that justice is served, which requires a totally different skill set, procedures and operational philosophy. So, while some areas of government are suitable for a business approach, I would say the majority do not. You cannot select a target demographic; government has to work for all citizens or it is not doing its job.

It might not need to be run like a business, but it shouldn't be $1,000,000,000,000+ dollars in the red every year either. Shouldn't have to borrow 36 cents of every dollar spent.

[Lucky]

It might not need to be run like a business, but it shouldn't be $1,000,000,000,000+ dollars in the red every year either. Shouldn't have to borrow 36 cents of every dollar spent.

Agreed. Less spending and more revenue are absolutely necessary.

[GwynnInTheHall]

Agreed. Less spending and more revenue are absolutely necessary.

This +1

[onejayhawk]

Agreed. Less spending and more revenue are absolutely necessary.

This +1

I will agree, with strong emphasis on the less spending part. Increasing revenue has been done to death.

J

[GwynnInTheHall]

I will agree, with strong emphasis on the less spending part. Increasing revenue has been done to death.

J

You're not getting one without the other.

[onejayhawk]

You're not getting one without the other.

We ahve had both, depending on the power base at the time.

Yes, I am of the impression that combined taxes are historically high, as a % of GDP.

J

[heyelander]

maybe he's talking about fed, state, local taxes as combined? I can't be bother to check because I don't really care.

[onejayhawk]

maybe he's talking about fed, state, local taxes as combined? I can't be bother to check because I don't really care.

Correct

J

[OaklandA's]

Correct

J

And as usual, you are still wrong. Here is the data for Government Revenue (Federal+State+Local) as a percentage of GDP. Data is from http://www.usgovernmentrevenue.com/

Revenue.jpg

[JudeBaldo]

Are we now in the realm where we just assume that the opposite of whatever J is suggesting is the actual truth?



http://economix.blogs.nytimes.com/20...s-high-or-low/

LOL yup. I can't think of a topic where OJH has actually ever been truly correct or trustworthy. Maybe the cooking thread? Though I haven't tried his recipes so those should be subject to our skepticism as well. ;-)

[revo]

LOL yup. I can't think of a topic where OJH has actually ever been truly correct or trustworthy. Maybe the cooking thread? Though I haven't tried his recipes so those should be subject to our skepticism as well. ;-)

What, you don't believe the KC Chiefs had an all-time great draft class in 2008, rivaling the 1974 Steeler class?

[onejayhawk]

Seriously, do you just throw stuff out there and hope that no one notices? There is no single person on this board that gets owned more by fact checking than you, J.

http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=205

Now tell me, do you want to revise your statement? Or are you going to try and find a more delusory way to slice the facts so that they fit your narrative?

And as usual, you are still wrong. Here is the data for Government Revenue (Federal+State+Local) as a percentage of GDP. Data is from http://www.usgovernmentrevenue.com/

[ATTACH=CONFIG]61[/ATTACH]

I will accept these as accurate.

Do you read your own statistics? They bear me out. The second Clinton term is the highest except 1944 and 1945, but this is at the next level, which is at the high end historically speaking. Oakland A's Graph shows two big plunges which correspond to stock market bottoms, ie sharply reduced Capital Gains receipts.

J

[onejayhawk]

What, you don't believe the KC Chiefs had an all-time great draft class in 2008, rivaling the 1974 Steeler class?

Dont misquote me Ed. Time has born out that the Chiefs 2008 draft was one of the elite drafts in history. I did not say that it rivaled the best haul ever. I said that it deserved to be mentioned with the 74 Steelers, 86 49ers and 91 Cowboys as one of the drafts of the decade. That statement I stand behind.

J

[chancellor]

The chart I linked references that as well. It is a falsehood to say that combined taxes as a % of GDP are historically high in the US.

True. And the share the bottom 50% and bottom 75% paid in federal taxes decreased through the Bush era. I haven't seen the numbers for the Obama admin yet.

[Moonlight J]

It had to be a Muslim - they're the only types that try to blow stuff up