(08-08-2018, 07:14 PM)jj82284 Wrote:

(08-08-2018, 04:39 PM)mikesez Wrote: For each of those four, I could give you a reason I think it's not as indicative or meaningful as you think.  I don't want to bore you with that because then you would just come back with reasons why you do think it's meaningful.  I don't think you have challenged yourself adequately.
For instance, and this is just a homework question, don't reply here, what is a "sovereign debt crisis"? Is there a coherent definition? Have they happened often enough in history that we can make meaningful statements about what causes them, or is each one different from the next? Do you have convincing answers to those questions? Unless you've done better than Harvard or UChicago, you do not.

Lol.  You can't refute my foundational points and "I" haven't "challenged" myself enough.  Lol.

I can refute, I just won't.  It wouldn't change your mind. Instead, I gave you a thought experiment that probably also won't change your mind but seems to have a better chance, if you put the energy into doing it.

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(08-08-2018, 08:38 PM)jagibelieve Wrote: All I know is thanks to the tax cuts I get a 5% raise.  I know that 5% is considered "crumbs" to liberals, but for me it's a significant amount.  A 5% raise on my gross pay combined with the lower tax rate gives me a really good amount on my take-home pay.  Oh, and by the way I'm not one of the "evil rich 1%".  I'm a "working man" getting paid hourly.  I'll take that any day.

In contrast, I went over 5 years without a pay raise under the former administration and had to pay a higher tax rate.  Go figure.

How did the tax cut cause you to get a raise? Your boss decided to give you a raise and told you the tax cut was his reason, or was it something else?

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