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Author Topic: The Big Three Myths Fabricated By Right Wing Fabulists To Frame America's Elections Back to Topics
SemiSteve

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Message Posted: Nov 13, 2012 5:15:21 PM

The Hightower Lowdown

Myth number one: THE "SELF-MADE" MYTH:

"In July, Barack Obama stumbled into the unforgiving brambles of this myth when he said in a Virginia speech: "If you've got a business--you didn't build that. Somebody else made that happen." Instantly, the Republican echo chamber went KABLOOIE! "Obama Insults Small Business Owners," screeched Fox TV, and Lord Limbaugh, with his usual sophisticated analysis, snarled that the comment shows that Obama "hates this country."

But wait--the whopper-tellers were intentionally editing Obama to pervert his meaning. Here's his comment in context: "If you were successful, somebody along the line gave you some help... Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business--you didn't build that."

It was the roads and bridges that Obama was referring to, not the business! He even went on to say explicitly, "We succeed because of our individual initiative, but also because we do things together.""

Myth number two:THE "GOVERNMENT CAN'T DO ANYTHING" MYTH.

"Where to start? How about with Mitt Romney's rebuke of the president's "you didn't build that" statement? "To say that," snorted the vulture capitalist from Bain, "is to say that Steve Jobs didn't build Apple Computer." No, Mr. Mitt, it's to say that Jobs couldn't have built it without the helping hand of the so-called do-nothing government. The internet, for one monumental example, was invented in a government laboratory and developed with federal funding, and the computer itself was the product of public financing, not of corporate investment. As Colin Greer notes in an excellent article on government's role in fostering economic growth, even the core technologies of Apple's hugely profitable iPhone (from the microchips to the voice control technology) came from years of government funding and research.

Where would Jobs have been without the government's constant, Brobdingnagian investment in and construction of America's infrastructure? Alexander Hamilton's Erie Canal, the New Deal's nationwide extension of electric power, FDR's federally-financed-and-directed mobilization of US industry in WWII, the GI Bill that extended college education to ordinary families, Ike's interstate highway network, the technological leaps produced by NASA under JFK and LBJ, and so forth? This truly is government in action--innovator, builder, job creator--quite the opposite of the kudzu being spread by the corporatists."

Myth number three: THE "GOVERNMENT PUNISHES SUCCESS" MYTH.

"Then there is the gnashing of right-wingers' teeth over the "crushing" 35 percent tax rate that US corporations face. It's a job killer and a stifler of economic growth, they sob, lambasting it as the second highest rate in the world. Well, yes, unless you figure in the plethora of loopholes punched into the tax code by corporate lobbyists.

Corporate executives are gold medal champions in the Olympic sport of Creative Tax Dodging, which results in American corporations ending up with the second lowest tax payments in the developed world --not only lower than corporations pay in such globally competitive nations as Japan, Canada, Sweden, and Korea, but also lower than the amount paid in the Czech Republic, Hungary, Turkey, and Slovenia.

In a comprehensive study released last November, the nonpartisan Citizens for Tax Justice analyzed the actual tax bills paid by 280 of America's biggest corporations in the previous three years. They averaged paying only half the official 35 percent rate, and a fourth of them paid less than 10 percent. Thirty of the giants paid zero during those three years. Among these was General Electric, which had a $5 billion profit on its US operations alone in 2010. Far from paying Uncle Sam, GE got a $3.2 billion tax rebate for that year--a product of the 1,000 accountants, lawyers, lobbyists, and voodoo artists on its internal tax team. "We are committed to complying with the rules and paying all legally obliged taxes," said a spokeswoman. Sure--rules they write.

You might remember that Obama appointed General Electric's CEO, Jeffrey Immelt, to be chairman of the President's Council on Jobs and Competitiveness in 2011. So much for punishing success."

--So many myths, so little time.
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SemiSteve
Champion Author Tampa

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Message Posted: Nov 15, 2012 8:35:16 PM

" Reducing tax rates on the creators of wealth creates more wealth — and more revenues."

--Yeah. They come up with every flim flam junk product to be the next fad. For six months anyway until all that cheap garbage ends up in the landfill. Meanwhile more of our economy got sucked overseas to the sweatshop manufacturers. And who really ends up with the wealth? We've been doing this for 30 years. The rich got richer and the rest got left behind. Any new jobs created paid less than the ones that got eliminated.

Talk about a false economy, there ya go. Every day they work they destroy another little chunk of America.
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SemiSteve
Champion Author Tampa

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Message Posted: Nov 15, 2012 8:30:59 PM

"If there's something that I'm missing, please point it out."

--Easy. The point.

1. Build a great store out in the middle of the woods; far from any road. Use your own generator for power. Haul fuel out to it via mule. Dig your own well and pump your own water. See how many customers you get without government infrastructure of roads, power, sewer, etc.

2. End ALL regulations. Let factories be as unsafe as any greedy owner desires. No rules at all. Watch the news for the textile fires and the deaths of those who could not escape because the exits were locked to keep children from sneaking a break in their sixteen hour days. At least you won't have government meddling with 'free enterprise.'

3. You want a simple tax code? It is all set to go. FAIRtax.org. No more IRS at all. April 15th just another day. Keep every penny you earn. Just pay a 23% fed sales tax on anything -new- you buy. Used stuff is tax free. That should ensure we get some quality products that last. And we also get a lot of entrepreneurs refurbishing used stuff which creates a vibrant local economy that can never be offshored! And good luck to all the tax cheats with that system.
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cbuck80
Champion Author Massachusetts

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Message Posted: Nov 15, 2012 8:25:12 AM

I built a small business (Lawn Mowing) on my own during his admin.
1) Banks and gov't didn't loan me money
2) The roads hurt my business because they were in such bad shape, I had to replace tire on my trailer.
3) I didn't receive any money from family
So who else mowed lawns around their night job to make it succesful.
Not the gov't. In many cities the road construction is in bad shape. Most of our Bridges are not kept up to standard.
Fix that and then we will see about everything else.
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flyboyUT
Champion Author Utah

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Message Posted: Nov 14, 2012 11:16:20 PM

There are none so blind (Obama) as those who WILL not see.
.

>>>Obama remains unconvinced low tax rates raise revenues. He thinks they "cost" the Treasury — "we can't afford them" — and he refused to entertain any deficit-reduction plan that uses "dynamic scoring," a kind of budget analysis that basically takes into account the real-world behavioral effects that changes in taxes and spending have on individuals and businesses.

Yet his predecessors, including Presidents Kennedy and Clinton, understood the dynamic effect tax cuts have on the economy and the tax base.

It's not a hard concept to understand for any sentient human whose faculty of reason is not rewired by Marxism. It goes like this: Reducing tax rates on the creators of wealth creates more wealth — and more revenues.

If you let successful people keep more of their money, they tend to put that money to more productive use than the government.

And that translates into more jobs and more people working and paying taxes. Which means more money for the Treasury.

The historic record is clear. In 1997, Clinton agreed to chop the capital-gains rate to 20% from 28%.

The S&P 500 soared 78% and government revenues exploded nearly 60%, producing — in conjunction with GOP spending controls — a $198 billion budget surplus in 2000.

In 1964, after Kennedy slashed the top marginal income-tax rate to 70% from 91%, the economy boomed, individual income tax revenues nearly doubled, and the deficit shrank to $1 billion from $7 billion.

By 1968, however, the deficit ballooned back to $25 billion as President Johnson's spending on the War on Poverty outstripped revenue growth.

Obama also blew up the deficit, yet he never cut income tax rates. He blew it by spending too much. For every $7 in revenues Obama collected, he spent nearly $11. And if he succeeds in raising taxes on the rich, he'll blow that money, too. It won't go to reducing the deficit.

It'll go to new green pork. And welfare. And ObamaCare.

At a moment that demands thoughtful action and compromise to solve our crushing debt crisis, the nation is trapped in a fiscal debate premised on discredited claims and revised history.

Obama's mulish tax-and-spend stance threatens to destabilize the market, already down 5% since his election, and tip the economy into another recession.<<<

If his goal is to drive us into a major recession/depression he is 'going forward'.
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AC-302
Champion Author Los Angeles

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Message Posted: Nov 14, 2012 11:11:32 PM

1) Property laws are the foundation of what makes our country what it is. We respect the right to own and hold property (real and otherwise, including intellectual property). That said, while I realize that good infrastructure promotes commerce, Obama is still wrong with his "you didn't build that" crap. By saying that, even related to infrastructure, he's still wrong. Most infrastructure projects even are done via private companies. So someone DID build that. Obama needs to be a little less socialist and a little more realistic. People aren't willing to work for free, even though he'd like them to, and to be dependent upon the teat of the government dole.

2) Government can do some things. They do a very, very good job of fouling up the economy with bogus, outdated regulations that have no meaning and are impossible to comply with. Just like in "Atlas Shrugged", I have to wonder if the reason for garbage regulations that are up for much interpretation is to hold a "sword of Damocles" above the heads of businesses. But as to government running businesses? Forget it. Government is totally inefficient.

3) Government certainly does punish success. If they didn't, they why wouldn't they have LOWER tax rates if you make MORE money? Wouldn't that reward success? Heck, before Jack Kennedy, the top tax rates on wages over (I believe) $1M was at 90%. Think about that - Making a million bucks, and only being able to keep $100K of it. Hardly worth it, IMHO. And as to your charges of businesses being artists at dodging taxes, well, sure. They have to be. If you don't want businesses to "dodge taxes", there is a very simple solution - simplify the tax code to eliminate deductions, and charge a flat tax %. If you did that, you could greatly reduce the size of the IRS, too. So what's wrong with that? Nothing that I can see.

If there's something that I'm missing, please point it out.

[Edited by: AC-302 at 11/14/2012 11:12:38 PM EST]
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SemiSteve
Champion Author Tampa

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Message Posted: Nov 14, 2012 10:51:57 PM

Yes, Obama signed it but only to get the debt ceiling raised. Something which used to be taken for granted because everyone knew that skipping out on debt payments is bad for the credit rating. Do that again and interest rates will rise. So now we approach the debt ceiling again. Remember it is the jobless recovery recession that caused all of this. Not enough revenue coming in. And still a lot going out to pay for Bush's 1st war. The longest war.

Obama has done a good job so far of dealing with the mess that he inherited. But the mess was so big it will take more than 4 years to recover.

Great plan, Republicans. Make a mess so big that the next Prez can't fix it before you get to blame it on him. Oh, and just say no to any constructive plan to fix it so he'll get blamed for not fixing it as you prevent him from doing so.

Hope everyone forgets and then you can blame it all on him.

Looks like people didn't forget, though.

And they see through the myths.

Big problem for the right wing.
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worryfree
Champion Author Twin Cities

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Message Posted: Nov 14, 2012 4:36:39 PM

And out cons continue to talk in their echo chamber with only fellow cons in it.
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teacher_tim
Champion Author Maryland

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Message Posted: Nov 14, 2012 2:12:10 PM

The TEA Party imposed the Fiscal Cliff?! Too Funny!

Better check the signature at the bottom of that law, Steve.
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mudtoe
Champion Author Cincinnati

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Message Posted: Nov 14, 2012 2:11:07 PM

Hmmmmm.... Take in a dollar, spend a dollar and a half.....rinse and repeat sixteen trillion times.....


Yup, No worries, utopia is here!



mudtoe

[Edited by: mudtoe at 11/14/2012 2:12:20 PM EST]
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teacher_tim
Champion Author Maryland

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Message Posted: Nov 14, 2012 1:56:18 PM

Obama's Future Vision of America?
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SemiSteve
Champion Author Tampa

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Message Posted: Nov 14, 2012 1:51:17 PM

Romney killed a woman?

Something tells me that none of the repliers so far read the entire article. I'm imagine such straight-forward say-it-like-it-is kind of talk is so toxic to them their eyes would fall out of their heads before they were half way through.

Do Democrats control 2/3 of the approval process? True, but the 1/3 can effectively block things they don't like, which is exactly what they have been doing for the last 4 years.

That's why there is gridlock.

They wanted to lay the blame for nothing getting done on the President because they know the uninformed will eat it up. But oopsie. It back fired. Enough people saw through the inconsiderate inaction of the House and voted to reelect Obama.

The problem for the Republicans is that they have been taken over by the extremists of the TEA Party who got our credit rating reduced and have imposed a completely arbitrary fiscal cliff which threatens to harm us further. The TEA Party has imposed such a narrow set of standards to be an 'acceptable American' that the majority of the nation has been disaffected from the Republican Party.

Romney was forced to Mit-Flop on so many issues it made him look like a walking Etch-A-Sketch.

How could a party expect to alienate so many and still get elected?

The TEA Party has been halted from their notable growth and stalled from expanding any further. They have already saturated the electorate with everyone who wants to be a part of it. Everyone else wants no part of it. That's what the Republicans don't get. Perhaps Republicans can save their party if they split with the TEA Party and become more reasonable. Otherwise it looks like the beginning of the end.

jacka123, your comments about Obama show that you refuse to consider the context of his statement. Trying to make a mountain out of a mole hill as hurricane Sandy blew up the NJ coast didn't work very well. Kind of like trying to make a house of cards in a windstorm, eh?

reb4, you think James Hightower is the FAR left? He is on the left, no doubt. But is he FAR left? Sorry. I do not agree. He is no extremist. He is merely adept at stating the obvious. That which you and the TEA Party refuse to acknowledge. To the TEA Party, who are extremists, everyone else appears to be on the left and someone squarely in the middle of the left is the 'far left.'

It's all a matter of perspective.

I dare ya to read the whole article. It's only 3 pages. Or you could not and just stay in your cocoon.

But remember. This article clearly states why the right is out of touch and is bolstered by the recent election. That MAKES it credible. Like it or not.
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reb4
Champion Author Chicago

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Message Posted: Nov 13, 2012 9:29:14 PM

"is an American syndicated columnist, liberal political activist... "

And this is from the far left...

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jacka123
Champion Author Maryland

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Message Posted: Nov 13, 2012 9:14:54 PM

Well, it's very easy to say, "your are wrong about all 3 Steve", you are not even close. Your comments will only sound good to liberals, it is just a bunch of hogwash for conservatives. You didn't right the whole message about "You didn't build it". We knew exactly what he was saying, and you didn't put the entire message. He was wrong then and he still is. Ask any small business owner, and I assure you that at least 90%, totally disagree with what Obama really said. In the statement "If you've got a business--you didn't build that". What is is he referring to when he said the word "that"? He is referring to the business, not roads and bridges. In other words "If you've got a business--you didn't build that business". And without his teleprompter, he knew that was a mistake, then the roads and bridges statements. He just goofed. It didn't hurt him, HE WON.
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e_jeepin
Champion Author Michigan

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Message Posted: Nov 13, 2012 8:00:25 PM

You won, get over it

Romney is at war with women -- worked
Romney will take away your reproductive rights -- worked
Romney killed a woman -- worked
Romney didn't pay any taxes for 10 years -- worked
Romney will send your jobs and send to China -- worked
Romney will liquidate the US with his buddies -- worked
Romney will let banks write their own rules -- worked
Romney will put ya'll back in chains -- worked

The biggest lie of them all: "do nothing Congress" (as if Harry Reid doesn't exist)

Y'all still control two-thirds of the Washington approval process, quit pretending to be the minority and victims of gridlock. Start fixing what your side failed to do for 4 years and stop blaming!
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SemiSteve
Champion Author Tampa

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Message Posted: Nov 13, 2012 5:27:36 PM

"The moral purpose of a man's life is the achievement of his own happiness... Any help he gives [to the welfare of others] is an exception, not a rule; an act of generosity, not a moral duty." - Ayn Rand
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