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Old December 4th, 2013, 07:45 PM   #51
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Waiting Engineer
Waiting Fayt, for you to tell me which state passed that $15/hr minimum wage law?

haven't heard from you.
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Old December 5th, 2013, 10:09 AM   #52
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You give up Engineer? If so, I want you to start voting democratic.
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Old December 5th, 2013, 10:20 AM   #53
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Still waiting Fayt.. Which state has passed that 15 dollar / hour minimum wage?

You got real quite after I called you out..

Did you lie, if not post which state that passed such a law.
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Old December 5th, 2013, 10:20 AM   #54
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"Boston University Economics Professor, Laurence Kotlikoff, says, “The country is in worse fiscal shape by many miles than Detroit. So, the country is essentially bankrupt.” Dr. Kotlikoff estimates the long term debt and liabilities of America are more than $200 trillion! He is spearheading a bill in Congress called The Inform Act. It is an attempt to wake up the nation to our dire financial situation so something can be done to fix this enormous problem. Dr. Kotlikoff explains, “The bill has been endorsed by over 1,000 economists, including 15 Nobel Prize winners in economics . . .Never in the history of this country have this many top economists from all political persuasions endorsed a piece of legislation like this.” Dr. Kotlikoff and his fellow economists all contend, “The country needs to do honest accounting.” The professor charges the government is “disguising the true problem.” Dr. Kotlikoff says, “The government is printing mountains of money to pay its bills. The Fed is printing 29 cents of every dollar that Uncle Sam is spending.” What happens if this continues? Dr. Kotlikoff says, “Eventually somebody recognizes this and starts dumping the bonds, and interest rates go up, and inflation takes off, and were off to the races.” In closing, Dr. Kotlikoff warns, “This is going to crash, but there are different ways for cancer to kill you. It can be very gradual . . . or it can attack some organ and you can die overnight. Either of those outcomes can happen.” Join Greg Hunter as he goes One-on-One with Professor Laurence Kotlikoff."
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Old December 5th, 2013, 10:55 AM   #55
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You give up Engineer? If so, I want you to start voting democratic.
What William A. Niskanen did was, along with anyone else you moan to about Reagan, proved you incorrect, and Engineer correct. It pays to read an article before making a judgement call.

Now on to other things that prove you incorrect:

Show me what was extraordinary about Reagan's debt other than being lower than the average debt to GDP ratio since 1932. From 1932 to 1981, the average debt to GDP ratio average was 54.70%, and the average debt to GDP ratio average since 1989 has been 69.22%. The average debt to GDP ratio average during Reagan's term was 45.48%.

Did the rich pay more taxes after Reagan cut taxes or did they pay less?

Did the medium income after Reagan cut taxes go to zero, 10%, 50%, 100%, or 150%?

After Reagan cut taxes, did the lowest 50% of wage earners' income go down, stay the same, increase 10%, or increase 18%?

After Reagan cut taxes, did the unemployment fall from 10.8% to 5.3%.
Thanks from Engineer
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Old December 5th, 2013, 11:09 AM   #56
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"Boston University Economics Professor, Laurence Kotlikoff, says, “The country is in worse fiscal shape by many miles than Detroit. So, the country is essentially bankrupt.” Dr. Kotlikoff estimates the long term debt and liabilities of America are more than $200 trillion! He is spearheading a bill in Congress called The Inform Act. It is an attempt to wake up the nation to our dire financial situation so something can be done to fix this enormous problem. Dr. Kotlikoff explains, “The bill has been endorsed by over 1,000 economists, including 15 Nobel Prize winners in economics . . .Never in the history of this country have this many top economists from all political persuasions endorsed a piece of legislation like this.” Dr. Kotlikoff and his fellow economists all contend, “The country needs to do honest accounting.” The professor charges the government is “disguising the true problem.” Dr. Kotlikoff says, “The government is printing mountains of money to pay its bills. The Fed is printing 29 cents of every dollar that Uncle Sam is spending.” What happens if this continues? Dr. Kotlikoff says, “Eventually somebody recognizes this and starts dumping the bonds, and interest rates go up, and inflation takes off, and were off to the races.” In closing, Dr. Kotlikoff warns, “This is going to crash, but there are different ways for cancer to kill you. It can be very gradual . . . or it can attack some organ and you can die overnight. Either of those outcomes can happen.” Join Greg Hunter as he goes One-on-One with Professor Laurence Kotlikoff."

All that debt and the unfunded liabilities will never be paid off. A new government that repudiates these is needed, otherwise the USA will make Greece look like the proverbial walk-in-the-park.

None of that debt or liability is mine. Just as Lysander Spooner said.

Revolution is necessary. Back to the Articles of Confederation; the anti-federalists have won.
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Old December 5th, 2013, 01:32 PM   #57
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I think Engineer couldn't hang with me. Okay,
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Old December 5th, 2013, 03:37 PM   #58
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I think Engineer couldn't hang with me. Okay,
I Hang up on idiots too.

Hey Fayt YOu still have not told me which state has passed a $15/hour minimum wage law..


But I like to see liars admit their les.


Did you lie to me?
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Old December 6th, 2013, 04:55 PM   #59
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I think Engineer couldn't hang with me. Okay,
I gave up. I said the same thing quite a few times while you tried to tell me I was saying otherwise.
Just read my post. All the answers are there. Also, It's finals time here, so I don't have the luxury of replying immediately.
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