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Why America is losing power

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  1. 08-05-2011, 10:23 AM #31
    LAM
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    Quote Originally Posted by adrenaline View Post
    They can raise the debt limit, raise taxes, but social programs etc..etc.. and whatever else they want, but at the end of the day its the spending, which leads to the borrowing that is hurting the U.S.
    this is a common misconception as the state of the gov account deficits and/or surpluses has no bearing at all on GDP. the same applies to the stock indexes, they are completely independent. when the indexes rise or fall it has no effect on GDP.
    I train differently than most, my beef is with gravity the weights on the bar are just the medium...Thanks to Wall Street your slice of the American Pie has been reduced to a crumb.
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  3. 08-05-2011, 11:06 AM #32
    Dale Mabry
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    Quote Originally Posted by troubador View Post
    Freedom: the absence of necessity, coercion, or constraint in choice or action

    Liberty: freedom from arbitrary or despotic government or control.

    Control is the antithesis of freedom and liberty. An increase in control means a decrease in freedom. You're trying to sidestep this fact by focusing on the mechanism used to exert control and saying you have the freedom to pay the soda tax. That's an unnecessary logical detour because freedom by definition is antithetical to control. It doesn't matter what happens in the middle, once you've acknowledged an increase in control you've acknowledged a lessening of freedom.
    Ok, let me use better verbage....Influence. At the end of the day, taxing someone a penny an ounce tax for soda is not controlling them, they have the choice to drink soda or not, and that tax may influence their behavior, but it doesn't control it. The choice remains with the consumer.
    If sense were common, everyone would have it.

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  4. 08-05-2011, 11:44 AM #33
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    using taxation as a form of control is more of the false logic behind the rubric of "supply-side economics."
    I train differently than most, my beef is with gravity the weights on the bar are just the medium...Thanks to Wall Street your slice of the American Pie has been reduced to a crumb.
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