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The Jones Act is Hurting Puerto Rico
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Sep 29, 2017 13:32:33   #
JCam Loc: MD Eastern Shore
 
rick wrote:
Did you miss the fact that they are not decreasing spending? How does that make for smaller less intrusive government? I am all for smaller government. Nothing that is being proposed by you or this budget proposal leads to smaller less intrusive government.

The CBO says it does not have enough detail in the current plan to determine how the middle class will be affected, yet you with your fancy math have it figured out! Good for you! You should call the COB and offer to lend them a hand.

There is zero proof that "supply sided" or "trickle down" policies have or have not worked. Too many other factors involved to make a statement one way or the other. Show me 10 articles that claim to show it works and I will find 11 that says it doesn't.

So let's give a known big tax cut to business and the wealthy, sweat the details later on the middle class, keep on spending money we don't have, and roll the dice that an unproven fiscal policy is going to bail us out. Sounds like a plan to me!

Too funny...
Did you miss the fact that they are not decreasing... (show quote)


Rick, The original post was about the Jones Act delaying relief to PR, which was incorrect and my original reply addressed only that fact!

Why was that rather simple question and answer high-jacked to a discussion about taxes, deficits, debt, everything is the President's fault, no one listens to the CBO whose pronouncements are generally Politically Correct, but factually incorrect; and we best screw the business owners' and wealthy because they are of no help to anyone one or thing, disregarding that it is their money that provides most of the jobs in the country. They also pay a proportion of the government's tax income far greater than their numbers justify.

Have you ever worked for a business or proprietor that had less money than you??

I'm done with this thread. It's all O'bama's fault anyway

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Sep 29, 2017 14:21:39   #
rick Loc: Cape Cod, MA
 
Well, the original proposition was not so simple, and actually was correct. The Jones Act has actually hurt the relief efforts in PR, which is why Trump belatedly waived it. The issue is not with the goods stacked up and undeliverable due to infrastructure problems, but with the increased cost of goods to PR resulting from the Jones Act restrictions. PR requested the Act waived immediately after the storm for that reason alone and it took our government until yesterday to do so. Republican and Democrat congressmen alike are asking why it took so long.

And as for the hijacked post, if you have ever used the internet before you would know that it happens regularly.

And the CBO, love them or hate them, are correct more than any other organization with a similar charter, and intelligent, open minded people certainly listen to, and take their views into consideration. Unfortunately there is no one better. It is one of the few truly bipartisan groups. They attempt to project based on limited data with many unpredictable dependencies, and as I said, are more accurate than any other out there. With that there is one common theme. When the CBO supports your position it is the most reliable, most accurate source in the world, and when it doesn't support your position you ignore it. Pretty funny that. Thing is, these recent days it does not support the current administration on most anything. Wonder why that is and why most Republicans now disavow the CBO. Give you and them time, you will come around when the reports support their agenda.

Corporations pay only 10.6% of the US government's tax basis, down from a historical high of 30% around the 50s. My issue if you read my posts pointed out tax cuts that are known quantities to corporations and the wealthiest, lots of hand waving for the middle class, and there is no mention made of how we are going to pay for these cuts other than greater growth predicted by a questionable fiscal hypothesis, trickle down economics. And this is being done to meet an election promise, not because it makes sense or is good for the country or economy.

As a French Finance Minister once said:
“The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing.”

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Sep 29, 2017 16:06:46   #
whitewolfowner
 
JCam wrote:
Oh, I misunderstood! I thought Rick was referring to Sen. Schumer (D, NY) who, even before Pres. Trump was inaugurated, promised to do everything in his (and Hillary's) powers to do anything and everything they could to prevent any of the President's proposals from becoming law. That probably includes his tax cut and reform suggestions. If Schumer succeeds, I hope the NY tax payers appreciate their opportunity to continue sending too much of their income to Washington for the House and Senate to waste and fill their own coffers!
Oh, I misunderstood! I thought Rick was referring... (show quote)




You know, I'm sure that there will never be a demo-RAT coming out of New York that will ever support anything but huge tax increases on the working men and women in their state, so they would not do any differently on the federal level. The three stooges of politics: New York, California and Chicago.

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Sep 29, 2017 21:47:40   #
rick Loc: Cape Cod, MA
 
whitewolfowner wrote:
You know, I'm sure that there will never be a demo-RAT coming out of New York that will ever support anything but huge tax increases on the working men and women in their state, so they would not do any differently on the federal level. The three stooges of politics: New York, California and Chicago.


Gosh whitewolfowner, you are so cute with your neat little names for everyone. It shows a very unique intelligence and an incredibly creative mind. I bet your a real hoot at work and socially. Keep up the fine work, it suits your level of intelligence perfectly!

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Sep 29, 2017 23:20:59   #
whitewolfowner
 
rick wrote:
Gosh whitewolfowner, you are so cute with your neat little names for everyone. It shows a very unique intelligence and an incredibly creative mind. I bet your a real hoot at work and socially. Keep up the fine work, it suits your level of intelligence perfectly!




I see that you have recognized a true genius of a mind that no one else (including me) has ever seen.

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Sep 30, 2017 17:12:26   #
mrpentaxk5ii
 
No matter how many ships get to port in PR the goods are no good, if the goods can not be picked up ad delivered, due to the fact that the trucks have no fule or roads to deliver the goods on.

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Sep 30, 2017 17:18:09   #
mrpentaxk5ii
 
jerryc41 wrote:


Some times lack of common sense gets in the way of politics...but most of all common sense is not so common any more.

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Oct 2, 2017 20:41:15   #
Black Bart Loc: Indiana
 
mrpentaxk5ii wrote:
Some times lack of common sense gets in the way of politics...but most of all common sense is not so common any more.
More info on the real problem.

https://www.youtube.com/watch?v=S48Bz63C2rs

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