Comments by "whyamimrpink78" (@whyamimrpink78) on "America Feels The Bern: Bernie Sanders Now Front-Runner" video.
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+Michael P You didn't explain how Social Security works because the fact is that it doesn't. It is running out of money.
If college education is "free" is will be worse off for several reasons. As is we are short handed professors, we have large classroom sizes and lack resources for all students. If you make it "free" you will increase enrollment. So how you are going to make up for the fact that we lack professors, classrooms, resources etc. already? I work for a university and I see it first had that we have too many students and not enough resources. This is why when college loans came tuition went up, it made up the difference for lack of resources. Demand for college went up but supply stayed the same.
People right now are fine on social security, but in the future it will go bankrupt. This is predictable under major socialist programs, the resources run out. I don't care about now, I care about the future. On poverty-poverty as a whole was dropping, as I said social security had nothing to do with it.
I have researched Sanders' plans, they are not specific. Give me any one of his economic policies and I will actually break them down and how who they simply won't work. The best was when he was debating Douglas Holtz-Eakin on the min. wage and Bernie was harping on Walmart and nothing but Walmart. But when Douglas start getting into more specifics and tried to steer Bernie away from Walmart he refused to acknowledge the question and went back to Walmart. He had zero specifics. If you break down his arguments you see that he has no clue what he is talking about.
Give me any economic policy of Bernie Sanders and I will break it down showing how ignorant he is.
And I read your comment on Social Security, you simply said "it works" without specifics. It is running out of money, that is not a sign of it working.
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+Michael P Redistribution of the wealth did not come after the war. Nobody paid those high taxes. In 1967 there were 155 individuals earning over $200,000 that year that paid zero income tax. That is why the Tax Reform Act of 1969 came about which introduced the alternative minimum tax that exists today.
What happen after the war is that the entire world was rebuilding except for us. Now decades later the socialist policies put in place along with the progressive federal income tax are all coming back to bite us in the butt.
After Glass Steagall we still had recessions. We had at least 7. Recessions happen, you just never notice because when the federal politicians sit back and do nothing we recover fast. When they panic and do what Obama did recently or FDR did in the past and spend like crazy, increase taxes and regulations the recovery is slow. Noticed how when Glass-Steagall was passed we had the slowest recovery ever?
"So the possibility of maybe getting laid off from your job is a good enough reason to deny all the other people a livable wage?"
It happens. Plus refrain from using the phrase "livable wage" as it is subjective and means nothing.
Jobs overseas will happen. Granted the federal government is speeding up the process which is not good, but it will happen. Technology and innovation and progress replaces jobs. The tractor replaced many farm workers. Computers replace many jobs. If you want jobs then remove technology. Wealth is key though, not jobs.
Workers always demand a higher wage, but we can't artificially raise them. And no, corporations simply can't afford them. Plus most people are employed by small businesses, so corporations is not the only issue. You need to stop focusing all your attention on them.
" But so far there is no evidence suggesting that higher wages creates a worse situation than we are in already."
Artificially high wages do, even Paul Krugman admits that.
"Nothing about giving people more money makes the country worse."
Tell that to the people in Zimbabwe.
" If you find excuses to not give people higher minimum wages, free
education and affordable or free healthcare, you are basically saying
"fuck you im doing fine. "
No, I want high quality at an affordable price, you just want an affordable price.
"You keep saying "due to the federal government" college is more
expensive, but you need to make a correlation other than just saying it."
Look at the college loans they give out. That drove up the cost.
"And the involvement, until you can prove otherwise, has not cost you more on your tax returns. "
Everything the federal government touches break, that is a fact.
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+Michael P You have to look at how the market evolves. As a healthy market evolves things get better and cheaper. Computers, cell phones, cars (before cash for clunkers), LASIK surgery and so on have all gotten better and gotten cheaper. They are also areas of the market where the federal government has not touched.
The federal government touched college tuition with college loans. Tuition is going up despite more colleges and universities being open and more online courses being available. With college loans you remove the buyer/seller negotiation. The student pulls out a loan and the university jacks up the prices. They have no resistance because the buyer is not spending their money directly, they are paying by a guaranteed loan.
On healthcare, in the 40s if an employer were to pay an employee higher wages they will have to pay higher taxes. To avoid that they paid by healthcare benefits, 100% tax free. A better option for the employee would be to get a higher wage and buy their own insurance. Buying their own insurance would mean a longer time on one thus removing the part of pre-existing conditions. Also they can negotiate insurance prices and get a plan that works for them, so no more women paying for viagra or men paying for contraceptives.....does some of this sound familiar?
Instead the employee has either the choice of paying out of pocket for healthcare and thus earning less or getting it from their job. They get it from their job and as a result they get a generic plan that insurance companies know they have a guaranteed customer, thus prices go up. And when that employee goes to another job they are denied insurance due to being older and a pre-existing condition being present. The federal government removed competition and negotiation which led to price increases.
Federal welfare is a disaster. What it does is that it says to one group of people, the rich that they are earning too much based off of nothing. So they tax them more. The poor, according to the government says they are earning too little, once again based off of nothing. So they take from those who actually work and develop wealth and give to those that don't. That devalues money. As a result those who actually work demand more money and get it. That is why we are seeing income inequality grow. The top 10% earned 40% of the income but paid 70% of taxes. They are doing not only work for themselves but work for 30% of people in the US. They will demand more and get it making them richer and the poor worse off.
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+Michael P Those things are not regulated by the government, not at all. You may split hairs and talk about honest advertising, but that covers everything. But they are not regulated by the government at all and are not subsidized by the government at all. If you can't get the fact right than we can't even get to opinions yet.
"People need student loans to get through school"
Says who?
". Partly because our wages have stagnated because employers stopped giving raises"
I showed you why they don't give many raises, plus with decreasing prices we have more disposable income. You never factor that in.
" the wealth gap increased and the top ten percent took more of the wealth, "
There is always a wealth gap in a healthy economy. Wealth does not equal income.
"I hear your theories on healthcare. Show me an example of this happening and working right now."
I showed you. LASIK is not touched by the government at all, or insurance companies. It is strictly buyer/seller negotiation. LASIK has improved and gotten cheaper. Healthcare has gotten more expensive.
"My business thrives when middle and working class families make more money and are able to save more money."
But if your customers were to get more money you will not have enough supply thus you will have to raise prices.
"when they stopped getting wage increases"
Stop with the wage increase. I told you how you are wrong on that already. Are you even reading what I write?
"It is not "based off nothing""
It is though. The market determines what someone is worth, not some figure head called the government.
I agree, the middle class is struggling in some ways, you can blame the federal government for that. It has been getting it's hands in more and more things every year, things are not getting better, but you want more of it?
" the ten percent getting richer does not benefit me as much as the bottom 10 percent getting richer, let alone the bottom 90."
That is not true. Where do you think all you technology and innovation comes from? That middle to lower class guy in his home or that guy in the 10% (the 10% is over $350,000 a years BTW, not millionaires).
"A tax on Wall Street would do this country some good."
And what do you do when that runs out of money?
"Some more socialism without the excess of greed could do some good."
We have socialism, those pushing for more now are refusing to work and demand more which creates income inequality.
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