Seattle - Liberal Utopia Spending to Oblivion

[Skjellyfetti]

US Deficit Projected to Top $1 Trillion
https://www.wsj.com/articles/deficit-pr ... 1531950742

You're worried about the deficit and yet your party wants to give away college, healthcare, living wage, etc., etc., etc.?

To quote the greatest Prime Minister in my life time, the problem with your solution is that "eventually you run out of other peoples' money."

My point is that you care about spending in Seattle... but, seem to have strangely lost interest in the national deficit.

[AZGrizFan]

You're worried about the deficit and yet your party wants to give away college, healthcare, living wage, etc., etc., etc.?

To quote the greatest Prime Minister in my life time, the problem with your solution is that "eventually you run out of other peoples' money."

My point is that you care about spending in Seattle... but, seem to have strangely lost interest in the national deficit.

What makes you say that? Where have I said I've lost interest in the national deficit or debt?

[kalm]

Tax the wealthy. Anything over a million/yr is taxed at 90%, including investments.

Estates for the wealthy are taxed similarly when they pass away.

That wouldn't even put a dent in the deficit, dipstick.

Raise corporate taxes to where they net at least a third of revenue.

(I know your game, Trip! )

[CID1990]

Radicalized Trip is funny, in a radicalized DBack sort of way.

Hopefully we can get them to a socialist country that can provide all their needs for them by the time they go completely insane.

Our subpar healthcare system isn’t prepared to treat this level of TDS.

half of them are actual socialists (which FYI, is neither a dirty or scary word to most people my age).

It would be scary to them if they'd put down their iphones and read a book or two



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[UNI88]

If we do that what's to prevent the super wealthy from just changing their citizenship? They're already global citizens, all i think they would need would be a nation with favorable tax laws and Visa reciprocity. Some countries would find a way to expedite their citizenship applications in order to get a smaller piece of their income than we want.

Is this feasible Cid?

That's cool if they want to uproot their lives and move elsewhere; that's their right as human beings.

Also tax them 90% on the way out. On everything.

The money would be transferred before the tax passed so government revenues would drop, capital available for loans would drop and the economy would get a kick in the shorts.

[Skjellyfetti]

Why aren't they doing it in large numbers now if our tax system is so oppressive?

If you don't love it, leave it!

[BDKJMU]

Why aren't they doing it in large numbers now if our tax system is so oppressive?

If you don't love it, leave it!

Try raising the top the current 37% top rate to 90% and see what happens. And that doesn't include the double digit top state rates you have in a handful of states.
Heck, just try raising it above 50% and see what happens..

[CAA Flagship]

Let's cap athletic performances.
QBs must exit game at 200 yards passing and end season at 2000 yards.
RBs must exit game at 75 yards rushing and end season at 750 yards.
Basketball players must exit game once they score 15 points.
Baseball players must exit game after their second hit or one home run, whichever comes first.
Batters with a batting average over .300 will start all atbats with an 0 ball 2 strike count until it drops below .300.

[∞∞∞]

I'll just leave this here:

https://www.sltrib.com/opinion/commenta ... hing-that/

[SDHornet]

Radicalized Trip is funny, in a radicalized DBack sort of way.

Hopefully we can get them to a socialist country that can provide all their needs for them by the time they go completely insane.

Our subpar healthcare system isn’t prepared to treat this level of TDS.

[dbackjon]

I see a lot of triggered snowflake Right-wingers are here who are upset that liberal policies are creating great economies in states like Washington and California.

Oh and that bike lane project you are whining about? That was a total infrastructural overhaul - re doing sidewalks, underground utilities that needed replacing, rebuilding a decaying street, etc. Bike Lane itself was only a tenth of the project, at most

[AZGrizFan]

I see a lot of triggered snowflake Right-wingers are here who are upset that liberal policies are creating great economies in states like Washington and California.

Oh and that bike lane project you are whining about? That was a total infrastructural overhaul - re doing sidewalks, underground utilities that needed replacing, rebuilding a decaying street, etc. Bike Lane itself was only a tenth of the project, at most

Yeah. California is just a model of economic prosperity.

[BDKJMU]

I see a lot of triggered snowflake Right-wingers are here who are upset that liberal policies are creating great economies in states like Washington and California.

Oh and that bike lane project you are whining about? That was a total infrastructural overhaul - re doing sidewalks, underground utilities that needed replacing, rebuilding a decaying street, etc. Bike Lane itself was only a tenth of the project, at most

Why do not care about the poor?

“Behind California’s status as the fifth-largest economy in the world is the troubling reality that the Golden State is also one of the most impoverished in the nation.

About one in five Californians “lacked enough resources to meet basic needs” in 2016, according to a measure of poverty developed by the Public Policy Institute of California and the Stanford Center on Poverty and Inequality.

Using the California Poverty Measure, which “accounts for the cost of living and a range of family needs and resources, including social safety net benefits,” according to a recent PPIC publication, 7.4 million Californians lived in poverty in 2016.

This includes 19.4 percent of Californians overall and 21.3 percent of children.....”
https://www.sgvtribune.com/2018/07/30/c ... -poor/amp/

The latest numbers from the California Public Employees’ Retirement System show it failed to make enough money to meet its obligations in the last fiscal year. CalPERS is now more than $100 billion short of having enough money to pay pension obligations for government workers and retirees, despite massive increases in payments to CalPERS by state and local governments.

To better understand the current crisis, we must go back 17 years to when the fuse was lit. In 1999, the Legislature passed Senate Bill 400, which granted retroactive pension increases to state employees. Back then, CalPERS had a surplus and was able to persuade lawmakers that state pension costs would not increase for a decade because the benefits would be paid with investment earnings. CalPERS claimed that it could be done “without it costing a dime of additional taxpayer money.”

Of course, its prediction turned out to be dead wrong. We have been paying the price ever since, and it keeps on growing bigger and bigger.

The California State Teachers’ Retirement System is just as bad. In 1999, CalSTRS also had a surplus. As of June 30, 2015, it was in the hole by $76 billion. It’s gotten worse; they just haven’t told us by how much....”
https://www.sacbee.com/opinion/op-ed/so ... rylink=cpy

Yeah, liberal policies are creating a great econmy in CA..

[dbackjon]

I see a lot of triggered snowflake Right-wingers are here who are upset that liberal policies are creating great economies in states like Washington and California.

Oh and that bike lane project you are whining about? That was a total infrastructural overhaul - re doing sidewalks, underground utilities that needed replacing, rebuilding a decaying street, etc. Bike Lane itself was only a tenth of the project, at most

Yeah. California is just a model of economic prosperity.

6 Billion Budget Surplus, 5th largest economy in the world. Yeah, it is a great model.

[CID1990]

Yeah. California is just a model of economic prosperity.

6 Billion Budget Surplus, 5th largest economy in the world. Yeah, it is a great model.

CA certainly does have a huge economy - and it is largely a great place to be unless you are a small business owner

But comparing any state in the US to the economies of sovereign countries is misleading, and is no more valid an argument than saying that CA is falling apart. CA's economic size in many respects is because it is tethered to the US. If CA had to compete with the other economies of the world as it's own country (as all the others do) it would not be anywhere near the top 10.

[SDHornet]

Yeah. California is just a model of economic prosperity.

6 Billion Budget Surplus, 5th largest economy in the world. Yeah, it is a great model.

CA has no surplus when under funded pension liabilities are included...hell, we're billions in the red when under funded pension liabilities are taken into account...

[houndawg]

Why aren't they doing it in large numbers now if our tax system is so oppressive?

If you don't love it, leave it!

Try raising the top the current 37% top rate to 90% and see what happens. And that doesn't include the double digit top state rates you have in a handful of states.
Heck, just try raising it above 50% and see what happens..

Bankers taking to the streets...what a beautiful thought

[houndawg]

6 Billion Budget Surplus, 5th largest economy in the world. Yeah, it is a great model.

CA has no surplus when under funded pension liabilities are included...hell, we're billions in the red when under funded pension liabilities are taken into account...

Deficits don't matter - Dick Cheney

[SDHornet]

CA has no surplus when under funded pension liabilities are included...hell, we're billions in the red when under funded pension liabilities are taken into account...

Deficits don't matter - Dick Cheney

Under funded pension liabilities do.

And your state will be one of the first to reap the consequences of such a situation in the near future. Hope your retirement isn't tied up in a state pension. I sincerely mean that.

[kalm]

Deficits don't matter - Dick Cheney

Under funded pension liabilities do.

So we're selective regarding how the deficits are created? I think that was houndy's point.

[Col Hogan]

Under funded pension liabilities do.

So we're selective regarding how the deficits are created? I think that was houndy's point.

If our national debt is called in by the holders...with China being one of the largest holders, and we refuse to pay...who is immediately hurt???

If a state pension system runs out of funds and refuses to pay retirees...who is immediately hurt???

See why it Matters??? Huckleberry Hound and you need to learn more about deficits...

[kalm]

So we're selective regarding how the deficits are created? I think that was houndy's point.

If our national debt is called in by the holders...with China being one of the largest holders, and we refuse to pay...who is immediately hurt???

If a state pension system runs out of funds and refuses to pay retirees...who is immediately hurt???

See why it Matters??? Huckleberry Hound and you need to learn more about deficits...

Turn up your sarcasm detector and don’t vote Republican either.

[Col Hogan]

If our national debt is called in by the holders...with China being one of the largest holders, and we refuse to pay...who is immediately hurt???

If a state pension system runs out of funds and refuses to pay retirees...who is immediately hurt???

See why it Matters??? Huckleberry Hound and you need to learn more about deficits...

Turn up your sarcasm detector and don’t vote Republican either.

Maybe you need to add a sarcasm broadcaster...my detector is working perfectly...

[kalm]

Turn up your sarcasm detector and don’t vote Republican either.

Maybe you need to add a sarcasm broadcaster...my detector is working perfectly...

That must be why you missed the point. IOW’s, I think deficits do matter as does all spending).

Unlike Cheney and the rest of your party unless a Dems are in control.

[Col Hogan]

Maybe you need to add a sarcasm broadcaster...my detector is working perfectly...

That must be why you missed the point. IOW’s, I think deficits do matter as does all spending).

Unlike Cheney and the rest of your party unless a Dems are in control.

I think all deficits are bad...no matter who is in control...

I’ve made that position very clear in the past...

I also think the Patriot Act was horrible...and Bush was wrong going into Iraq...

Any further questions???