What the next 4 years are going to look like

To throw FDR under the bus and claim that his programs were "damaging" to the U.S is simply ASININE.

The new deal worked to bring economic relief almost instantly, it put millions of Americans back to work, the programs of the New Deal did not end the great depression but they certainly did help the cease the crisis by providing millions of families with an income

The Social safety nets implemented by FDR helped fuel the greatest expansion of the middle class the country has ever experienced.

reply to post by Swills

Exactly, and those at the top always get away with the looting

Yes top do get away with looting, but there is a difference:

All social programs do is take from peter to pay paul that do nothing but line corporate pocket's,

healthcare,education,birth control pills,free phones, everything they deem to be rights go straight in to corporate pocket's.

That's big pharma and every other evil tag word they talk about on here.

reply to post by muse7


Really do have to ask why some people idolize a Potus that was more fascist than Hilter?

Confiscation of American gold of private citizens, threw Americans citizens in fema camps of their day and create a program that is nothing but a ponzi scheme.

And he did pass the confiscation of silver as well to pay for what the guy looted from fort knox.

reply to post by neo96


And lets not forget Big Banks and Big Corporations social program known as bail outs from the US Gov't. And lets also not forget the Federal Reserves secret bailouts, trillions upon trillions in bailouts. I bet the Federal Reserve alone trumped all those other social programs combined.

reply to post by Swills


Tarp was paid back unlike the current bailouts or any other government subsidy tho.

Slight difference.

reply to post by muse7


Muse?

I hope like hell that the tax rates do go up. then we can settle this once and for all. I predict higher inflation, another QE, a fight over the debt ceiling being raised (despite sequestration), higher unemployment, larger amounts of people on foodstamps, and the devaluation of the dollar.

But I'll also be giddy with joy if I'm wrong.

reply to post by neo96


Does TARP include all the trillions in the Feds secret bailouts?

en.wikipedia.org...

The TARP program originally authorized expenditures of $700 billion. The Dodd–Frank Wall Street Reform and Consumer Protection Act reduced the amount authorized to $475 billion.

reply to post by beezzer


Higher tax rates have not led to the economy crashing and burning.

reply to post by Swills


Unfunded liabilities:

www.usdebtclock.org...

Originally posted by neo96
reply to post by poloblack

 

If you say so since someone brought up Rome:

"The budget should be balanced the Treasury should be refilled. Public debt should be reduced. The arrogance of officialdom should be tempered and controlled. The assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work instead of living on public assistance." — Marcus Tullius Cicero

They never listened to Cicero and we all know how that turned out.

They didn't listen to Cicero because, guess why? Ultimately, Cicero didn't actually run JACK. See how it works?? Back to the playbook.

reply to post by neo96


www.sanders.senate.gov...

The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."

Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. "No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president," Sanders said.

reply to post by muse7


Everyone has pictures!

Here are some more!

reply to post by neo96


4 more Years of Liberal stupidity.

Sorry Liberals.

reply to post by Swills


Sanders is not credible.

Sorry because there has never been an audit of the Fed.

Won't they all be so pleased when the economic catastrophe happens and they can fall all over themselves blaming the President saying "I told you so" HA!! ANd what then, it would happen no matter who is in office because they meant it to happen. And they're all just corporate puppets the collapse is happening because the corporations want it to, so we can be paid like Chinese sweat shop workers and the greedy can feed their fat faces even more!

reply to post by neo96


Wait a minute? So that never happened and Sanders is making the whole up?

You don't say?

reply to post by neo96


So we agree that lower taxes do not promote economic growth and employment?

reply to post by Swills


Too bad Sanders didn't quit in Protest, hey?

I might of thought he wasn't part of the problem, if he did.

reply to post by neo96


Those charts do not take into account all forms of taxation - only FICA. There is an entire litany of other taxes that the poor pay into. Sales tax, ad valorem taxes, property taxes, state taxes, etc.

These FICA charts are highly misleading and the truth of the matter is that the people in the largest demographic ( In this case those of median income ) pay the lions share.

~Heff