First Quarter Financials
#31
Gets Weekends Off
Joined APC: Mar 2014
Posts: 3,088
Most of the money you pay in taxes is totally wasted by the government, or stolen through fraud. Very very very little goes toward making a real difference, less than 1%. Liberals talk like the government is benevolent or something, when the exact opposite extreme is true.
40% of US GDP is related to government spending (local, state, federal). The R's talk big about cutting spending but even they can't bring themselves to actually do it. The "Tea Party" doesn't fully understand the ramifications of how we've set up our currency (debt in reality becomes money, reduce debt you reduce your money supply, reducing economic development).
Taxes at the federal level serve a few purposes 1) a way to control inflation - print too much money (issue debt) and inflation increases. Do too little of it and the economy contracts. 2) Incentivize behavior such as home buying and child rearing.
Look at Japan's issue with an aging/declining population and the methods they are trying to employ to reverse it!
What you'll find is most higher educated, higher earning adults vote Democrat. The Republic base is the lower educated, and poorer areas of our country (just look at the Fox News demographics!). I always laugh when pilots, whom tend to be higher educated and earn more than your average worker (except maybe for the commuter guys) identify with the Republican base.
#32
Gets Weekends Off
Thread Starter
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,384
Frankly, I have no problem with some tax break for having children. But not for every one. Your argument concerning the economic requirements for having children is just silly. It is consumerism that makes the economy grow. If people had so many children that they were totally in survival mode of spending, that does nothing to grow the likes of Nike and GM or even DAL for that matter because Joe 6pack is spending every nickle on food and shelter. If a family can produce enough income to have 5 kids, go for it, have a ball. If you cannot afford them, you are a drain on society, not a benefit to it.
Having kids is a huge boost to the economy. Kids are expensive and then they grow up, get a job and pay taxes to pay for their parents Medicare and SS. Thus, the govt rewards patents for having kids by way of tax breaks. It's just the way the system is
#33
Gets Weekends Off
Joined APC: Dec 2014
Posts: 1,184
The reason that children are good for the economy is that they eventually get jobs of their own, and contribute to the economy. While they are kids, their parents have to spend a lot to raise them. Economies with a declining population do terribly (Japan)
Having kids is a huge boost to the economy. Kids are expensive and then they grow up, get a job and pay taxes to pay for their parents Medicare and SS. Thus, the govt rewards patents for having kids by way of tax breaks. It's just the way the system is
Having kids is a huge boost to the economy. Kids are expensive and then they grow up, get a job and pay taxes to pay for their parents Medicare and SS. Thus, the govt rewards patents for having kids by way of tax breaks. It's just the way the system is
#36
:-)
Joined APC: Feb 2007
Posts: 7,339
Not really, no.
40% of US GDP is related to government spending (local, state, federal). The R's talk big about cutting spending but even they can't bring themselves to actually do it. The "Tea Party" doesn't fully understand the ramifications of how we've set up our currency (debt in reality becomes money, reduce debt you reduce your money supply, reducing economic development).
Taxes at the federal level serve a few purposes 1) a way to control inflation - print too much money (issue debt) and inflation increases. Do too little of it and the economy contracts. 2) Incentivize behavior such as home buying and child rearing.
Look at Japan's issue with an aging/declining population and the methods they are trying to employ to reverse it!
What you'll find is most higher educated, higher earning adults vote Democrat. The Republic base is the lower educated, and poorer areas of our country (just look at the Fox News demographics!). I always laugh when pilots, whom tend to be higher educated and earn more than your average worker (except maybe for the commuter guys) identify with the Republican base.
40% of US GDP is related to government spending (local, state, federal). The R's talk big about cutting spending but even they can't bring themselves to actually do it. The "Tea Party" doesn't fully understand the ramifications of how we've set up our currency (debt in reality becomes money, reduce debt you reduce your money supply, reducing economic development).
Taxes at the federal level serve a few purposes 1) a way to control inflation - print too much money (issue debt) and inflation increases. Do too little of it and the economy contracts. 2) Incentivize behavior such as home buying and child rearing.
Look at Japan's issue with an aging/declining population and the methods they are trying to employ to reverse it!
What you'll find is most higher educated, higher earning adults vote Democrat. The Republic base is the lower educated, and poorer areas of our country (just look at the Fox News demographics!). I always laugh when pilots, whom tend to be higher educated and earn more than your average worker (except maybe for the commuter guys) identify with the Republican base.
A great example is the debate of whether or not global warming is real. It's hilarious for me to watch because it doesn't matter if it is real or not. So the Earth is warming, who cares, the negative effects are a huge lie. The place I'm sitting at right now had two miles thick of ice on top of it not to long ago. When Niagara Falls reaches lake Erie, the Great Lakes will drain away, give me billions to save them. Welcome to planet Earth.
#37
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
The R's talk big about cutting spending but even they can't bring themselves to actually do it. The "Tea Party" doesn't fully understand the ramifications of how we've set up our currency (debt in reality becomes money, reduce debt you reduce your money supply, reducing economic development).
What you'll find is most higher educated, higher earning adults vote Democrat. The Republic base is the lower educated, and poorer areas of our country (just look at the Fox News demographics!). I always laugh when pilots, whom tend to be higher educated and earn more than your average worker (except maybe for the commuter guys) identify with the Republican base.
What you'll find is most higher educated, higher earning adults vote Democrat. The Republic base is the lower educated, and poorer areas of our country (just look at the Fox News demographics!). I always laugh when pilots, whom tend to be higher educated and earn more than your average worker (except maybe for the commuter guys) identify with the Republican base.
Thanks Keith. Way to help unify the pilot group. I bet you're a joy to be around.
Last edited by SayAlt; 04-25-2015 at 12:02 PM.
#38
Gets Weekends Off
Joined APC: May 2009
Posts: 468
Then there are certain institutions that are against practicing birth control....
Having kids is not as simple as "can we afford a child for the next 18+ years?"
If YES, then have kid
If No, do not have kid
#40
Frankly, I have no problem with some tax break for having children. But not for every one. Your argument concerning the economic requirements for having children is just silly. It is consumerism that makes the economy grow. If people had so many children that they were totally in survival mode of spending, that does nothing to grow the likes of Nike and GM or even DAL for that matter because Joe 6pack is spending every nickle on food and shelter. If a family can produce enough income to have 5 kids, go for it, have a ball. If you cannot afford them, you are a drain on society, not a benefit to it.
The government ponzi scheme depends upon population growth.
I, however do agree about the drain on society part. The wrong demographics are doing most of the breeding.
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