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re: Reagonomics / Citizen's United

Posted on 8/2/22 at 2:11 pm to
Posted by teke184
Zachary, LA
Member since Jan 2007
96815 posts
Posted on 8/2/22 at 2:11 pm to
Which reminds me… weren’t Dems using facets of this act in order to do sneak attacks just before the 60 day window in hopes of not having bullshite called during the dead period?
Posted by the808bass
The Lou
Member since Oct 2012
111776 posts
Posted on 8/2/22 at 2:13 pm to
quote:

500k starter homes are supported by high wages

Overall home prices are not supported by high wages.
Posted by the808bass
The Lou
Member since Oct 2012
111776 posts
Posted on 8/2/22 at 2:15 pm to
quote:

We just differ on the intent of the Founding Fathers as to whether pooling vast sums of money for corporate interests is protected 1A speech or not.


Once again, Citizens United was not about “pooling vast sums of money for corporate interests.” It would serve you well to maybe read a one-pager on the actual case.
Posted by unclejhim
Folsom, La.
Member since Nov 2011
3703 posts
Posted on 8/2/22 at 2:17 pm to
When the Unions get out of politics, I will gladly oppose
Citizen's United.
Posted by the808bass
The Lou
Member since Oct 2012
111776 posts
Posted on 8/2/22 at 2:17 pm to
quote:

Overall though, my target is how the wealthy can buy off politicians in ways the middle class cannot. I do not believe the FF's intended this, and you do probably agree with me when stated this way


I absolutely do agree with this premise. But it’s not “the wealthy” that are buying off politicians. A guy who owns a car dealership isn’t affecting legislation on a national level. AT&T and GE are.

Are multinational corporations part of the ills of society today? Almost certainly yes.
This post was edited on 8/2/22 at 2:18 pm
Posted by Browncd81
Member since Nov 2020
490 posts
Posted on 8/2/22 at 2:24 pm to
quote:

I absolutely do agree with this premise. But it’s not “the wealthy” that are buying off politicians. A guy who owns a car dealership isn’t affecting legislation on a national level. AT&T and GE are.

Are multinational corporations part of the ills of society today? Almost certainly yes.


Yeah, I'm all for that upper middle class entrepreneur such as the car dealership owner you cited. I believe the upper 10% is the real economic engine of the country, not to mention the source of the future wave of major corporations, and an economic group I aspire to become part of one day.

I'll do more research on CU specifically, not to mention re-evaluate my understanding of the actual impacts of Reaganomics compared to other factors.

Credit to you for not attacking my conservative chops and actually discussing. At the end of the day I'm looking for the GOP to be reformed and implement policies that will restore our middle class.
Posted by the808bass
The Lou
Member since Oct 2012
111776 posts
Posted on 8/2/22 at 2:26 pm to
And to be clear, I’m not opposed to a special tax on the ultra wealthy. Even if it’s for purely punitive reasons. If they want to use the government to increase their stock value, they can pay 10% more in taxes.
Posted by Browncd81
Member since Nov 2020
490 posts
Posted on 8/2/22 at 2:27 pm to
quote:

But it’s not “the wealthy” that are buying off politicians. A guy who owns a car dealership isn’t affecting legislation on a national level. AT&T and GE are.


I'll put this one a different way. I feel like we've been betrayed by pushing a very pro business environment (which we should) but the ultra wealthy types and C-suite types have rewarded us with shoving ESG/DEI down our throats and supporting BLM. Toss out my specifics in the OP but that's my general gripe.
This post was edited on 8/2/22 at 2:28 pm
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105540 posts
Posted on 8/2/22 at 2:28 pm to
quote:

loss of the middle class


That has happened due to wealth redistribution policies of the left. They want to wipe out the middle class and have the elite/ruling class, and the working poor class. People get stuck on racial because that is the carrot they use to distract while they wage class warfare. Had nothing to do with Reaganomics.
Posted by Zach
Gizmonic Institute
Member since May 2005
112723 posts
Posted on 8/2/22 at 2:29 pm to
quote:

When the Unions get out of politics, I will gladly oppose Citizen's United.


That's not the equation. When you get more entities out of political donations you get the final goal of the left for the last 60 years:
All info will come free of charge via MSM.
Posted by the808bass
The Lou
Member since Oct 2012
111776 posts
Posted on 8/2/22 at 2:30 pm to
quote:

I'll put this one a different way. I feel like we've been betrayed by pushing a very pro business environment (which we should) but the ultra wealthy types and C-suite types have rewarded us with shoving ESG/DEI down our throats and supporting BLM. Toss out my specifics in the OP but that's my general gripe.


We’re on the same page. And I think your point has contributed to the rise in popularity of populism.
Posted by Browncd81
Member since Nov 2020
490 posts
Posted on 8/2/22 at 2:31 pm to
quote:

That's not the equation. When you get more entities out of political donations you get the final goal of the left for the last 60 years:
All info will come free of charge via MSM.



Like 808Bass, you got me reconsidering some of my positions. You got me thinking on this one
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262997 posts
Posted on 8/2/22 at 2:34 pm to
quote:

It is my belief that it hasn't worked as intended.


The 50's which people tend to idolize had two recessions due to taxation.

The 60s was the economic blockbuster, fueled by the Kennedy/Johnson tax cuts.

Economics don't pay attention to feelings. The more money put into the economy due to populist bullshite, the less you will be able to afford.
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 8/2/22 at 2:38 pm to
quote:

but the ultra wealthy types and C-suite types have rewarded us with shoving ESG/DEI down our throats and supporting BLM.

You don't have to resort to culture war BS. They have rewarded the American worker with longer hours, higher demand, less time off, lower wages and worse benefits. And that's just in the jobs they haven't shipped overseas.

It is corporate greed that has gutted communities and gutted the middle class. Gone are the days of generations of families working in the same factory producing goods for their own country. Gone are the days of your average American worker being able to work a reasonable schedule, earn a pension and good benefits, all the while being able to provide for their family without both parents working all day/night.

Culture war and racial division is used by both parties to pit American workers against one another and prevent them from realizing that they are one in the same vis a vis where they stand in the political and economic pecking order.

Posted by Masterag
'Round Dallas
Member since Sep 2014
18851 posts
Posted on 8/2/22 at 2:38 pm to
quote:

That has happened due to wealth redistribution policies of the left.


i would add illegal immigration to that as well. if companies actually had to pay americans a market wage on jobs that illegals do, many would be much better off
Posted by the808bass
The Lou
Member since Oct 2012
111776 posts
Posted on 8/2/22 at 2:39 pm to
quote:

You don't have to resort to culture war BS.


He can state whatever he likes. You’re not his real mom.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37240 posts
Posted on 8/2/22 at 2:40 pm to
quote:

And I think your point has contributed to the rise in popularity of populism.


You want to know what else does? High electric bills while the CEO of the electric company gets ever-higher bonuses.

All while the company is supposedly "regulated".

You want to know why the ultra-wealthy are increasingly turning liberal? So they can oppose gun ownership. You can figure out why they oppose gun ownership.
Posted by Masterag
'Round Dallas
Member since Sep 2014
18851 posts
Posted on 8/2/22 at 2:43 pm to
quote:

It is corporate greed that has gutted communities and gutted the middle class


I don't think it's corporate greed as much as it is government regulations, liabilities, etc.

if the federal gov weren't subsidizing the companies in the form of welfare, etc. they would have to pay their employees more money or they wouldn't have any.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37240 posts
Posted on 8/2/22 at 3:07 pm to
quote:

I don't think it's corporate greed as much as it is government regulations, liabilities, etc.


Those work hand in hand, because...

quote:

if the federal gov weren't subsidizing the companies in the form of welfare, etc. they would have to pay their employees more money or they wouldn't have any.


To pick on Walmart for example (and they are not alone... just using them as an example)

They pay their employees crap and those employees don't care because they go and get food stamps and health insurance from the government, which supplements their pay.

Walmart then sells products (food, pharmacy drugs, etc) to the same government via those food stamps and government welfare healthcare benefits.

The government is literarily buying food from Walmart for Walmart employees so Walmart doesn't have to pay their employees enough to buy food. Walmart gets expanded sales and has less wage expense.

That directly benefits management and shareholders.

This post was edited on 8/2/22 at 3:09 pm
Posted by Masterag
'Round Dallas
Member since Sep 2014
18851 posts
Posted on 8/2/22 at 3:14 pm to
quote:

To pick on Walmart for example (and they are not alone... just using them as an example)

They pay their employees crap and those employees don't care because they go and get food stamps and health insurance from the government, which supplements their pay.

Walmart then sells products (food, pharmacy drugs, etc) to the same government via those food stamps and government welfare healthcare benefits.

The government is literarily buying food from Walmart for Walmart employees so Walmart doesn't have to pay their employees enough to buy food. Walmart gets expanded sales and has less wage expense.

That directly benefits management and shareholders.



very well articulated
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