Q. To most, it does sound like common sense, and a good gut feeling that cutting taxes on the wealthy will benefit the economy. The problem is that there is no factual evidence or economical data that proves causation or even correlation between low tax rates for the rich and high levels of economic growth. In fact, you can look at the economy over the 20th Century and find a correlation that says the opposite.
Start by looking at 1920's America. The U.S. was on top of the world and the economy was booming. throughout that decade, taxes on the wealthy were cut until tax rates reached historic lows up until that point in 1929. It is normal to cut taxes during a good economy as long as it isn't taken too far. So, 1929 happens, and Taxes on the wealthy are at historic lows, when the country plunges into the Great Depression. I am not saying low tax rates caused the great depression, as there were too many factors to count. I am just pointing out a pattern.
Taxes are raised by Roosevelt to fund WWII, and following the war, Tax rates for the rich were incredibly high up until the mid-1970's. Another observation that needs to be pointed out is that while tax rates for the rich were extremely high during this period of time, so was economic growth in the U.S. The largest period of economic growth in this country spanned the years 1946 to about 1973 when those tax rates were very high.
So, Gerald Ford begins to cut taxes on the wealthy considerably, and Jimmy Carter does the same, and the economic outlook looks bleak following both presidents. Ronald Reagan comes into office and cuts taxes in his 1981, his first year in office. What follows is the Depression of 1982-1983, where unemployment was 10.8% in 1982 and 10.4% in 1983, on a national level. So, what does Reagan, a president that is so precious to Republicans, do, he raises taxes in each of the years 1982-early 1988. Reagan's tax hike was considered the biggest peace-time tax hike up until that time. The economy recovers considerably. It is also important to note that Reagan increased defense spending by 40% while in office. The economy in general tends to do better when defense spending is higher. What is important to note is that Reagan might have increased defense spending like a good American, but he also generated the revenue to pay for it.
George H.W. Bush takes office, and what can be said for him isn't so good. He basically cuts taxes while increasing military spending to fund his war, and a lot of Reagan's recovery efforts are erased.
Clinton took office and raised taxes a fair amount, as well as cut spending. Under Clinton, the economy not only recovered, but flourished. The US government had it's first surplus in decades. Clinton's tax hike is currently the biggest peace-time tax hike in US history.
George W. Bush takes office, and really ups what his father did. You would have thought he would have learned something from his father, but it doesn't appear that way. He cuts taxes on the wealthy to historic lows and fights two wars at the same time, and now we have what we have today.
I can't say Obama didn't contribute, as he extended those Bush-era tax cuts. but, during the 20th Century, poor economic times coincided with low tax rates for the wealthy, and good economic performance coincided with high tax rates on the wealthy.
So, my question is, why do Republicans continue to push that as conventional knowledge on Americans when they have nothing but a gut feeling backing it up.
I didn't say any tax cuts correlated with the economy going south. I simply listed times when the economy improved or got worse and when taxes were raised and lowered. As an actuarial sciences major who has taken many statistics classes, I know better than to use such strong language.
This Is for "Ohbrother"
You obviously are the uninformed one, and you didn't read the bit about Reagan. Reagan is responsible for the second biggest peace-time tax hike in US History, and Unemployment was already extremely high when he entered office. By the end of George H.W. presidency, in 1992, unemployment was 7.8%, it's highest level since 1984. Unemployment under George W. Bush was 4.2%, initially jumped to 6.3% by 2003, but fell back to 4.5% by 2007. So, Unemployment overall under George W. Bush actually increased slightly, though not enough to make a difference.
Start by looking at 1920's America. The U.S. was on top of the world and the economy was booming. throughout that decade, taxes on the wealthy were cut until tax rates reached historic lows up until that point in 1929. It is normal to cut taxes during a good economy as long as it isn't taken too far. So, 1929 happens, and Taxes on the wealthy are at historic lows, when the country plunges into the Great Depression. I am not saying low tax rates caused the great depression, as there were too many factors to count. I am just pointing out a pattern.
Taxes are raised by Roosevelt to fund WWII, and following the war, Tax rates for the rich were incredibly high up until the mid-1970's. Another observation that needs to be pointed out is that while tax rates for the rich were extremely high during this period of time, so was economic growth in the U.S. The largest period of economic growth in this country spanned the years 1946 to about 1973 when those tax rates were very high.
So, Gerald Ford begins to cut taxes on the wealthy considerably, and Jimmy Carter does the same, and the economic outlook looks bleak following both presidents. Ronald Reagan comes into office and cuts taxes in his 1981, his first year in office. What follows is the Depression of 1982-1983, where unemployment was 10.8% in 1982 and 10.4% in 1983, on a national level. So, what does Reagan, a president that is so precious to Republicans, do, he raises taxes in each of the years 1982-early 1988. Reagan's tax hike was considered the biggest peace-time tax hike up until that time. The economy recovers considerably. It is also important to note that Reagan increased defense spending by 40% while in office. The economy in general tends to do better when defense spending is higher. What is important to note is that Reagan might have increased defense spending like a good American, but he also generated the revenue to pay for it.
George H.W. Bush takes office, and what can be said for him isn't so good. He basically cuts taxes while increasing military spending to fund his war, and a lot of Reagan's recovery efforts are erased.
Clinton took office and raised taxes a fair amount, as well as cut spending. Under Clinton, the economy not only recovered, but flourished. The US government had it's first surplus in decades. Clinton's tax hike is currently the biggest peace-time tax hike in US history.
George W. Bush takes office, and really ups what his father did. You would have thought he would have learned something from his father, but it doesn't appear that way. He cuts taxes on the wealthy to historic lows and fights two wars at the same time, and now we have what we have today.
I can't say Obama didn't contribute, as he extended those Bush-era tax cuts. but, during the 20th Century, poor economic times coincided with low tax rates for the wealthy, and good economic performance coincided with high tax rates on the wealthy.
So, my question is, why do Republicans continue to push that as conventional knowledge on Americans when they have nothing but a gut feeling backing it up.
I didn't say any tax cuts correlated with the economy going south. I simply listed times when the economy improved or got worse and when taxes were raised and lowered. As an actuarial sciences major who has taken many statistics classes, I know better than to use such strong language.
This Is for "Ohbrother"
You obviously are the uninformed one, and you didn't read the bit about Reagan. Reagan is responsible for the second biggest peace-time tax hike in US History, and Unemployment was already extremely high when he entered office. By the end of George H.W. presidency, in 1992, unemployment was 7.8%, it's highest level since 1984. Unemployment under George W. Bush was 4.2%, initially jumped to 6.3% by 2003, but fell back to 4.5% by 2007. So, Unemployment overall under George W. Bush actually increased slightly, though not enough to make a difference.
A. And the liberals believe the government spends it wisely . There is some much
duplication of useless programs and pork .
duplication of useless programs and pork .
Is lying whenever it is convenient to do so now the official policy of the RNC?
Q.
A. Democrats like this asker have no choice: they canât promote Obama for his record of successes so they are left with trashing Romney/Ryan. But, above all else, they are desperately trying to divert our attention from what the democrat party stands for:
Democrat President Wilson (1913-1918) said, âYou are not here merely to make a living. You are here to enable the world to live more amply, with greater vision, and with a finer spirit of hope and achievement. You are here to enrich the world. You impoverish yourself if you forget this errand.â He may have been the first democrat to appreciate the potential use of multiculturalism (âIf itâs white or American, trash it!â) in deconstructing the Constitution, saying, âNo nation is fit to sit in judgment upon any other nation.â Obama put it this way (without using a teleprompter!): "Every nation is exceptional in its own way."
Democrat President Roosevelt (1933-1945) âlet it all hang outâ in his speech before Congress on January 11, 1944:
âWe have accepted, so to speak, a second Bill of Rights...â which included:
-The right to earn enough to provide adequate food and clothing and recreation
-The right of every family to a decent home
-The right to adequate medical care and the opportunity to achieve and enjoy good health
-The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment.
Democrat President Johnsonâs Great Society became the largest redistribution of wealth program in our history. Obama has thrust national healthcare upon us, the hallmark of all socialist and welfare states.
25 years ago none of the above was common knowledge. It is only because of more honest, unbiased reporting on the Internet, talk radio and Fox News (all non-existent 25 years ago!) that today we know that the democrat party has been gradually changing America into a European style welfare state.
-2/4/10 Gallup poll: 61% of liberals have a positive view of socialism.
-6/2/11 Gallup poll: 71% of democrats favor re-distributing wealth.
-Now they have national health care, the foundation of all welfare and socialist states.
And Obamaâs economy reflects his partyâs aspirations:
Obama said, "I can say that 14 days after I signed our Recovery Act into law, we are seeing shovels hit the ground." (3/3/09 http://www.upi.com/Top_News/2009/03/03/Oâ¦
Since he bragged about that, three and a half years later the unemployment has been over 8.1%.
Maybe he meant âShovel ready jobs for government union workersâ?
-7/8/11 U. S. News Report (usnews.com): The actual number of private sector jobs decreased since 2008. Government jobs increased. During the worst of the downturn, the private sector was hammered with massive job losses, while the public sector held fairly steady.
-6/8/12 Investors Business Daily: âPrivate-sector jobs are still down by 4.6 million, or 4%, from January 2008, when overall employment peaked. Meanwhile government jobs are down just 407,000, or 1.8%. Federal employment actually is 225,000 jobs above its January 2008 level, an 11.4% increase.â
-6/11/12 Cato Institute (http://www.cato-at-liberty.org/obama-vs-⦠school enrollment has minimally increased over the last few decades, but teacher employment has exploded â the public school workforce has grown 11 times faster than student enrollment over the last 40 years.â Furthermore, on a per pupil basis, the inflation-adjusted average cost of a K-12 education has gone from about $55,000 to about $150,000.â
8/15/12 USA Today/Gannet:
-More than 21,000 retired federal workers receive lifetime government pensions of $100,000 or more per year
-Government pensions are vastly more generous than those in the private sector," says economist Veronique de Rugy of the market-oriented Mercatus Center
-The average federal pension pays $32,824 annually. The average state and local government pension pays $24,373, Census data show. The average military pension is $22,492. ExxonMobilExxon Corporation, which has one of the best remaining private pensions, pays an average of $18,250 per retiree
-All federal retirees receive health benefits.
-Pension payments cost $70 billion last year, plus $13 billion for retiree health care. Taxpayers face a $2 trillion unfunded liability â the amount needed to cover future benefits â for these programs, according to the government's audited financial statement.
Democrat President Wilson (1913-1918) said, âYou are not here merely to make a living. You are here to enable the world to live more amply, with greater vision, and with a finer spirit of hope and achievement. You are here to enrich the world. You impoverish yourself if you forget this errand.â He may have been the first democrat to appreciate the potential use of multiculturalism (âIf itâs white or American, trash it!â) in deconstructing the Constitution, saying, âNo nation is fit to sit in judgment upon any other nation.â Obama put it this way (without using a teleprompter!): "Every nation is exceptional in its own way."
Democrat President Roosevelt (1933-1945) âlet it all hang outâ in his speech before Congress on January 11, 1944:
âWe have accepted, so to speak, a second Bill of Rights...â which included:
-The right to earn enough to provide adequate food and clothing and recreation
-The right of every family to a decent home
-The right to adequate medical care and the opportunity to achieve and enjoy good health
-The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment.
Democrat President Johnsonâs Great Society became the largest redistribution of wealth program in our history. Obama has thrust national healthcare upon us, the hallmark of all socialist and welfare states.
25 years ago none of the above was common knowledge. It is only because of more honest, unbiased reporting on the Internet, talk radio and Fox News (all non-existent 25 years ago!) that today we know that the democrat party has been gradually changing America into a European style welfare state.
-2/4/10 Gallup poll: 61% of liberals have a positive view of socialism.
-6/2/11 Gallup poll: 71% of democrats favor re-distributing wealth.
-Now they have national health care, the foundation of all welfare and socialist states.
And Obamaâs economy reflects his partyâs aspirations:
Obama said, "I can say that 14 days after I signed our Recovery Act into law, we are seeing shovels hit the ground." (3/3/09 http://www.upi.com/Top_News/2009/03/03/Oâ¦
Since he bragged about that, three and a half years later the unemployment has been over 8.1%.
Maybe he meant âShovel ready jobs for government union workersâ?
-7/8/11 U. S. News Report (usnews.com): The actual number of private sector jobs decreased since 2008. Government jobs increased. During the worst of the downturn, the private sector was hammered with massive job losses, while the public sector held fairly steady.
-6/8/12 Investors Business Daily: âPrivate-sector jobs are still down by 4.6 million, or 4%, from January 2008, when overall employment peaked. Meanwhile government jobs are down just 407,000, or 1.8%. Federal employment actually is 225,000 jobs above its January 2008 level, an 11.4% increase.â
-6/11/12 Cato Institute (http://www.cato-at-liberty.org/obama-vs-⦠school enrollment has minimally increased over the last few decades, but teacher employment has exploded â the public school workforce has grown 11 times faster than student enrollment over the last 40 years.â Furthermore, on a per pupil basis, the inflation-adjusted average cost of a K-12 education has gone from about $55,000 to about $150,000.â
8/15/12 USA Today/Gannet:
-More than 21,000 retired federal workers receive lifetime government pensions of $100,000 or more per year
-Government pensions are vastly more generous than those in the private sector," says economist Veronique de Rugy of the market-oriented Mercatus Center
-The average federal pension pays $32,824 annually. The average state and local government pension pays $24,373, Census data show. The average military pension is $22,492. ExxonMobilExxon Corporation, which has one of the best remaining private pensions, pays an average of $18,250 per retiree
-All federal retirees receive health benefits.
-Pension payments cost $70 billion last year, plus $13 billion for retiree health care. Taxpayers face a $2 trillion unfunded liability â the amount needed to cover future benefits â for these programs, according to the government's audited financial statement.
What should I do about the spill?
Q. A few days ago, I spilt juice on computer desk and it somehow got underneath the laptop, now it's making a weird sound, it's changing the ways my videos sound when I play them. It's not all videos but some are a little off, please HELP!
And one more thing, If you could tell me how much it would cost, thats great.
And one more thing, If you could tell me how much it would cost, thats great.
A. You posted this in the wrong section...should be in computers and tech, not languages.
Either way, first you MUST get a portable hard driveand back up all of your files! 20-40 GB is good because you probably won't run out of room, but you can get a 2 GB portable USB if you don't have a huge amount of files and programs to save. If you don't have a boot disk, you'll need to burn a copy of that as well, and make a copy of your programs so you don't lose them.
Odds are good the motherboard got partially fried by the liquid. It's a crap shoot really, as to what will happen. Sometimes computers can rebound. You can try shutting it off, then pulling out the battery and taking a blow drier that has a cool setting and using it on there for about 5 mins moving it around inside where the battery sits, as well as in any open vent areas. You can also do this with a fan and just leave it blowing on the battery area/vent areas for an hour or so.
The hard drive is probably safe because the casing is usually snug but it's always best to back up because they can always get fussy and once it starts going you may not have the chance to back up.
Also, you may not be under warranty, but if you are you can have the repair company check it out. Odds are good though your warranty won't cover water damage, and chances are the moisture indicator will have been triggered on the hardware inside. Only way to know if you're covered is to make a call or take it in if you are still under warranty and they can tell you.
After you've patiently dried it out for awhile, then boot up the laptop again and try to play some videos. It may heal itself. Stranger things have happened.
I've gotten my blackberry battery area wet before and lost the ability to move the cursor and space bar. I dried it out and it still was like that for 2 weeks. Then all of a sudden it came around and began working correctly again. Pure luck.
But before you end up spending thousands to a data recovery company to get back old files off the hard drive, take an hour or two just to make a boot disk, and back up programs and files so if your machine does go down, you're prepared.
Please ask any other IT questions in the IT category....you'll get more answers and faster responses :)
ADDITIONAL DETAILS:
In regards to cost, for about $30-$50 the repair shop can try to determine the prob and give an estimate for what a full repair would cost you. Keep in mind that the estimate (and final cost) for a full repair could be in the hundreds to over $1,000 depending on how many components got damaged.
As far as costs for backup drives, for a small 2GB USB drive, it's usually under $10 at most stores. For a bigger one that holds 20GB and up to around a Terabyte (TB) (which will hold a ton), it will range from around $40 to $150.
You can burn to CD/DVD-R but they usually only hold about 700KB and won't hold a lot of programs and files. It's a good route to go for bootup disk though because if you create a boot disk on USB, you'll have to configure the BIOS to boot from USB because it's generally defaulted to the CD drive. (USB boot up just adds more work if you don't know what you're doing.)
A cost effective method of really drying it out is:
1) Take a large ziplock bag (if your laptop will fit in it) or a trash bag
2) Place it on flat surface
3) Fill bottom of bag with silica
4) Place cookie/cake cooling rack on top of silica (stands about 1 inch off surface and has holes to allow air to cool cookies)
5) Put the laptop (with battery removed) in bag on top of rack (this will allow air to reach all areas of laptop and allow silica to remove moisture without getting the silica inside the laptop) and place battery on another part of rack or just in bottom of bag
6) Tightly seal the bag
The silica will absorb most of the remaining moisture. Depending on what crevices it got into, or what damage was done, it still may not fix it, but it's something you can do yourself. You can also use rice (I use Minute Rice when I don't have silica. It will take longer than silica, but you can get that at any grocery store.) For silica you should wait at least 24-48 hours. Rice I would give about 5 days.
FYI - The silica can be found in craft stores in the flower section (used to dry flowers), and can be found at some hardware stores in the mildew/mold prevention section, or you can find it online by doing a search for "silica dry packs".
If the machine isn't covered under warranty, I myself would backup and then do silica before I took it to a repair shop. It's cheaper and odds are good the repair shop will just charge you $30-$50 to tell you they have to send it out for very costly repairs. At least you can give it a whirl for cheap before you shell out loads of cash. :)
Either way, first you MUST get a portable hard driveand back up all of your files! 20-40 GB is good because you probably won't run out of room, but you can get a 2 GB portable USB if you don't have a huge amount of files and programs to save. If you don't have a boot disk, you'll need to burn a copy of that as well, and make a copy of your programs so you don't lose them.
Odds are good the motherboard got partially fried by the liquid. It's a crap shoot really, as to what will happen. Sometimes computers can rebound. You can try shutting it off, then pulling out the battery and taking a blow drier that has a cool setting and using it on there for about 5 mins moving it around inside where the battery sits, as well as in any open vent areas. You can also do this with a fan and just leave it blowing on the battery area/vent areas for an hour or so.
The hard drive is probably safe because the casing is usually snug but it's always best to back up because they can always get fussy and once it starts going you may not have the chance to back up.
Also, you may not be under warranty, but if you are you can have the repair company check it out. Odds are good though your warranty won't cover water damage, and chances are the moisture indicator will have been triggered on the hardware inside. Only way to know if you're covered is to make a call or take it in if you are still under warranty and they can tell you.
After you've patiently dried it out for awhile, then boot up the laptop again and try to play some videos. It may heal itself. Stranger things have happened.
I've gotten my blackberry battery area wet before and lost the ability to move the cursor and space bar. I dried it out and it still was like that for 2 weeks. Then all of a sudden it came around and began working correctly again. Pure luck.
But before you end up spending thousands to a data recovery company to get back old files off the hard drive, take an hour or two just to make a boot disk, and back up programs and files so if your machine does go down, you're prepared.
Please ask any other IT questions in the IT category....you'll get more answers and faster responses :)
ADDITIONAL DETAILS:
In regards to cost, for about $30-$50 the repair shop can try to determine the prob and give an estimate for what a full repair would cost you. Keep in mind that the estimate (and final cost) for a full repair could be in the hundreds to over $1,000 depending on how many components got damaged.
As far as costs for backup drives, for a small 2GB USB drive, it's usually under $10 at most stores. For a bigger one that holds 20GB and up to around a Terabyte (TB) (which will hold a ton), it will range from around $40 to $150.
You can burn to CD/DVD-R but they usually only hold about 700KB and won't hold a lot of programs and files. It's a good route to go for bootup disk though because if you create a boot disk on USB, you'll have to configure the BIOS to boot from USB because it's generally defaulted to the CD drive. (USB boot up just adds more work if you don't know what you're doing.)
A cost effective method of really drying it out is:
1) Take a large ziplock bag (if your laptop will fit in it) or a trash bag
2) Place it on flat surface
3) Fill bottom of bag with silica
4) Place cookie/cake cooling rack on top of silica (stands about 1 inch off surface and has holes to allow air to cool cookies)
5) Put the laptop (with battery removed) in bag on top of rack (this will allow air to reach all areas of laptop and allow silica to remove moisture without getting the silica inside the laptop) and place battery on another part of rack or just in bottom of bag
6) Tightly seal the bag
The silica will absorb most of the remaining moisture. Depending on what crevices it got into, or what damage was done, it still may not fix it, but it's something you can do yourself. You can also use rice (I use Minute Rice when I don't have silica. It will take longer than silica, but you can get that at any grocery store.) For silica you should wait at least 24-48 hours. Rice I would give about 5 days.
FYI - The silica can be found in craft stores in the flower section (used to dry flowers), and can be found at some hardware stores in the mildew/mold prevention section, or you can find it online by doing a search for "silica dry packs".
If the machine isn't covered under warranty, I myself would backup and then do silica before I took it to a repair shop. It's cheaper and odds are good the repair shop will just charge you $30-$50 to tell you they have to send it out for very costly repairs. At least you can give it a whirl for cheap before you shell out loads of cash. :)
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