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<blockquote data-quote="MadDogs" data-source="post: 2743957" data-attributes="member: 11175"><p>Those that are typically progressively challenges and prone to revise history for political convenience will rationalize “happy times” of the past with income redistribution via higher taxes and the joy of union membership. I am pointing out a parallel to your comments. If you want to sound like you are understanding to both sides of the argument, don't write like a leftist hack. </p><p></p><p></p><p></p><p>This is where we disagree. You are blending something less than a half truth that is categorically not “a fact of the times”. “Reinvestment” was not due to tax code but to obtain growth. When there upside opportunity and there is little to no competition it is smart money to invest in one’s business. To point, no one was forced to “reinvest” because given the “effective rate” (that you previously had alluded to) they were not paying the advertised higher rates to start with. You are not in the least stating a “historical fact” but parroting a perception that is implied by causation. You offered zero to validate your comment regarding this. Maybe you and Teddy can have a study session? </p><p></p><p>Your comment on “wages” is contradictory to historical growth in wages and/or is using a tapioca model to adjust for inflation. The Pew Study you shared BLS data but what Pew did is massage BLS data to fit their narrative. They did not utilize the six measures that BLS uses to measure pay. True, “wages” are not blowing up like years past BUT they are consistent with historical trends. To this, Dr. Salem Furth wrote an excellent paper called “<em>Stagnant Wages &#8211; Fact or Fiction</em>” that drills down into the subject. </p><p></p><p>Back to square one &#8230; Growth or no growth is not really the point (we all agree that there was growth). To say it is due to a lack of higher taxes, that companies invested to prevent taxation or to high CEO earnings is the same abject nonsense that progressively challenged liberals in the “Occupy” movement like to say. When you try to tell me that that is the “truth”, I am going to disagree with you for the reasons stated. </p><p></p><p></p><p></p><p>Taking you “personally” comment completely out of context but so you know, had you not tried to insult me with your banter about being a “drop out economist” and simply said that Pew had an “interesting read” on the subject, we might have had a civil discussion. And no, I don’t make it a habit of correcting spelling or grammar (I have couple of college degrees and my grammar and spelling rank me in the lower 5% of a remedial ed class). But when you call me an “idiot” and then lack the sense to proof read your posts (and I understand these posts do not equate to being one’s grad school thesis) I am going to have fun at your expense &#8230; well, until I get “bant”.</p></blockquote><p></p>
[QUOTE="MadDogs, post: 2743957, member: 11175"] Those that are typically progressively challenges and prone to revise history for political convenience will rationalize “happy times” of the past with income redistribution via higher taxes and the joy of union membership. I am pointing out a parallel to your comments. If you want to sound like you are understanding to both sides of the argument, don't write like a leftist hack. This is where we disagree. You are blending something less than a half truth that is categorically not “a fact of the times”. “Reinvestment” was not due to tax code but to obtain growth. When there upside opportunity and there is little to no competition it is smart money to invest in one’s business. To point, no one was forced to “reinvest” because given the “effective rate” (that you previously had alluded to) they were not paying the advertised higher rates to start with. You are not in the least stating a “historical fact” but parroting a perception that is implied by causation. You offered zero to validate your comment regarding this. Maybe you and Teddy can have a study session? Your comment on “wages” is contradictory to historical growth in wages and/or is using a tapioca model to adjust for inflation. The Pew Study you shared BLS data but what Pew did is massage BLS data to fit their narrative. They did not utilize the six measures that BLS uses to measure pay. True, “wages” are not blowing up like years past BUT they are consistent with historical trends. To this, Dr. Salem Furth wrote an excellent paper called “[I]Stagnant Wages – Fact or Fiction[/I]” that drills down into the subject. Back to square one … Growth or no growth is not really the point (we all agree that there was growth). To say it is due to a lack of higher taxes, that companies invested to prevent taxation or to high CEO earnings is the same abject nonsense that progressively challenged liberals in the “Occupy” movement like to say. When you try to tell me that that is the “truth”, I am going to disagree with you for the reasons stated. Taking you “personally” comment completely out of context but so you know, had you not tried to insult me with your banter about being a “drop out economist” and simply said that Pew had an “interesting read” on the subject, we might have had a civil discussion. And no, I don’t make it a habit of correcting spelling or grammar (I have couple of college degrees and my grammar and spelling rank me in the lower 5% of a remedial ed class). But when you call me an “idiot” and then lack the sense to proof read your posts (and I understand these posts do not equate to being one’s grad school thesis) I am going to have fun at your expense … well, until I get “bant”. [/QUOTE]
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