Gender: Unspecified Location: With Cinderella and the 9 Dwarves
I guess it isn't explained too well.
Okay, the upper 3 graphs are tax rates in a flat tax, negative flat tax and progressive tax rate system. y is the percentage one has to pay the y axis it the income one has.
The lower one has the amount one has to pay rather than the tax rate for the same income bracket.
At first look it seems like the upper one is the derivative of the lower one actually. Mind I am pretty sure that that's how flat tax and progressive tax works, negative tax I don't know much about but that's how I think it does work in principle.
With regard to your example, the US is man number two. Again, we are the number one debtor nation in the world (with zero means to pay it back). Zero means! The US is not rich any more. We're merely floating on debt. Thanks Washington! Our need to borrow billions and trillions of dollars from foreign nations emphasizes my point. We can't pay for anything out right. But... everything is kosher. I think our government should spend and print more money. That would make things better. More debt is the answer. We're Americans, and we're impervious to failure - because we're Americans.
Excellent! Be sure to remember that when your burning your money for heat during the winter season (when the US dollar collapses in 5 to 10 years). We can all say, "Well... at least we're not the only ones." Totally worth it.
Maybe you didn't see it (or ignored it) but the statistics posted earlier in this thread factually prove other countries have higher debt relative to GDP than the us. Just saying "number one debtor" (with no substantiation at all) isn't going to do the work of proving your stance for you.
Again, if countries with LESS money can afford better entitlements, why can't the US? Because our entitlements are welfare funds for businesses, not true government social programs.
ushomefree still hasn't responded to the concept of criminalizing for-profit healthcare or for-profit social services and natural monopolies in general.
__________________ Land of the free, home of the brave...
Do you think we will ever be saved?
In this land of dreams find myself sober...
Wonder when will it'll all be over...
Living in a void when the void grows colder...
Wonder when it'll all be over?
Will you be laughing when it's over?
2% inflation has been Canadian economic policy since the 90s at least. Our economy benefits from this. Given it is literally impossible to have no inflation (ie: we don't live in theoretical economic wonderland), controlling it at a reasonable level is, and has proven to be, the best way to do things. I'll be the first to admit my bias, but the international banking community has praised Canada's banking and money systems as being some of the best in the world.
Canada's real inflation rate was 1.6% in Feb, we are outpacing all other G7 nations in economic growth, 6.2% first quarter 2010, projected 4.5% second, and here is the kicker: as a percentage of national GDP, our national debt takes 72.3 percent, whereas yours is only 52.9. We have more debt, a more stable monetary and banking system, and a stronger economy. Not to mention our social policy, for instance, here are a list of international rankings in which Canada ranks higher than America:
- The Human Development Index
- The Education Index
- Programme for International Student Assessment (Literacy, Math and Science)
- HIV rates (we have less)
- Infant Mortality Rate (again, less)
- Life Expectance
- Literacy Rate
- Foreign aide as a percentage of GNI
- Employment Rate
- Income Equality
- Percentage of population living in poverty (we have less)
- Human Poverty Index
- Unemployment Rate
- Satisfaction With Life
- Legatum Prosperity Index
- Ecological footprint per person (we have less)
- Environmental Performance Index
- Happy Planet Index
These are all related to government spending on social programs, which cause such a high debt. But notice, our economy is stabler and stronger than yours is. In fact, we constantly have to deflate the value of our dollar so that yours is higher, as that increases investment in Canada. Give it up man, you have no clue what you are talking about, especially if you are trying to convince anyone that 2-5% inflation (America hasn't seen 5% anytime recently) is the same as Germany after WW1.
See, that's the part that really pisses me off. Americans like to say that we're the greatest nation on Earth... and we SHOULD BE. We have all the advantages to do everything to perfection. To bad we were all to busy being retarded conservatives to come up with a working system.
KMC Community Forums
Apr 7th, 2010 10:43 PM
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