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FKIM01

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FKIM01 last won the day on September 8

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About FKIM01

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  1. FKIM01

    The Off-Topic Thread

    I think it works for the best/most skilled candidates. Most people in the workforce can't do the jobs I need done, but for the ones that can, I am willing to pay up to pry them away from their current employer. Unfortunately, I am having limited success even doing that right now.
  2. FKIM01

    2018 Midterm Elections

    Yes you are. You are absolutely ignoring the trend and that includes the federal trend. You picked two dates out of 118 that support your ridiculous thesis while you ignore the overall trend that is obvious in that graph. I've spent the last hour and a half talking a college-aged daughter down from an anxiety attack making me realize that there are more important things than having a stupid political argument with someone determined to be obtuse. I'm done here. There is absolutely no redeeming value in continuing this discussion.
  3. FKIM01

    2018 Midterm Elections

    Your cherry-picking your numbers. If you can't see that the chart is trending significantly bigger, I don't know what to say. The point vs. tax rates is, the more we feed the beast of government spending, the faster it grows. I don't trust the government to spend responsibly and effectively. History is littered with plenty of examples where government spent very inefficiently, so why do we want to give them more? It just encourages more waste.
  4. FKIM01

    2018 Midterm Elections

    Me too. I guarantee if I had control of an extra 15% of my salary to save for retirement, I'd live a lot better than I will on social security. It's almost enough to make me want to go Amish (yes, they are exempt from crappy social security).
  5. FKIM01

    2018 Midterm Elections

    OK...here is all government spending from 1900 forward (federal in red): Aside from massive spending in the two world wars and massive prosperity in the '90's, the trend has been more spending and bigger government. Frankly all government pending has to be funded from somewhere and it's clear to me from this chart that government at all levels has gotten progressively bigger since the '50's.
  6. FKIM01

    2018 Midterm Elections

    The uber rich also take very little out of social security and they get taxed again on what they pull out. I'm fine with taking my fair share out of social security but I don't feel entitled to David Letterman's portion. The real reason social security is underfunded is (A) The government used outdated mortality assumptions and (B) invested the entire fund in low-interest treasury notes (AKA government IOU's). A partial answer for social security is to divert funds for younger workers into the stock market, but no one has the political courage to do what is right because they are too worried about being re-elected.
  7. FKIM01

    2018 Midterm Elections

  8. FKIM01

    2018 Midterm Elections

    Try 37.8% in 2016. It will likely come down a little because GDP is growing but government is way bigger than it was in the 50's.
  9. FKIM01

    2018 Midterm Elections

    Not true. It was much smaller on a GDP basis in the 1950's. Also, the last time I looked, the top 1% pays like 88% of the income taxes. It doesn't sound like they are getting much of a break to me.
  10. FKIM01

    2018 Midterm Elections

    Economically, the government was much smaller in the 1950's. I'm curious where all that extra tax revenue went? Look up overall tax receipts in high and low tax environments. I think the results will surprise you.
  11. FKIM01

    Trayce Jackson-Davis

    I mostly agree with what you stated, except I think your opinion of Painter is 2-3 levels above mine. He's fine and has shown flashes of being a pretty good tactician, but inevitably when it counts, his teams flames out. How much of that you pin on Painter himself is up for debate, but he wouldn't come close to meeting expectations at IU.
  12. FKIM01

    2018 Midterm Elections

    “We have a system that increasingly taxes work and subsidizes nonwork.” - Milton Friedman “Indeed, in a free government almost all other rights would become worthless if the government possessed power over the private fortune of every citizen.” - John Marshall ...and my personal favorite... “You cannot bring about prosperity by discouraging thrift. You cannot help small men by tearing down big men. You cannot strengthen the weak by weakening the strong. You cannot lift the wage-earner by pulling down the wage-payer. You cannot help the poor man by destroying the rich. You cannot keep out of trouble by spending more than your income. You cannot further the brotherhood of man by inciting class hatred. You cannot establish security on borrowed money. You cannot build character and courage by taking away men’s initiative and independence. You cannot help men permanently by doing for them what they could and should do for themselves.” - William Boetcker Government growth since the 1950's has far outpaced GDP growth and increased taxation is like pouring gasoline on the spending fire that is our government. At some point, we have to ask what we are getting for our tax dollars. A 1993 article I read not long ago stated that what the government spent on various forms of government welfare aid from 1978 to 1993 could have purchased all the assets of the S&P 500 and every acre of farmland in the United States. The article fairly asked what we had to show for all of that spending and you can call me a skeptic when it comes to whether or not the government is the most efficient mechanism for spending. Atlas Shrugged paints a dire picture of what happens when politicians keep "soaking the rich" to fund the government's never-ending thirst for spending. Is it plausible? Only time will tell but watching the movie when it came out a few years back, I had several uncomfortable moments when I thought "this really could be us."
  13. FKIM01

    Trayce Jackson-Davis

    Well yeah, but that's not saying much.
  14. FKIM01

    2018 Midterm Elections

    I'm skipping the bulk of this argument because it just tends to divide Hoosier basketball fans, but this is a great example of politics gone wrong. The Illinois pension fund is so underfunded, if it were a private company, it would have been taken over years ago by the PBGC and benefits would have been slashed based on mandatory cuts. Illinois is a great example of politicians being corrupt (look at all the recent governors) and buying votes with promises they cannot keep. There is a reason that the United States is a constitutional republic instead of a popular vote democracy...consider this quote: “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.” - Alexander Fraser Tytler More and more I see politicians on both sides of the aisle take the easy path of spending more and more with little thought about how this ultimately plays out in the future. Term limits are desperately needed so our leaders would do the right thing, rather than the thing that gets them re-elected. Only then do we have a chance of righting the ship and reducing the size of this bureaucratic monstrosity we've created as well as reducing dependency on the government. Unfortunately, term limits would have to be put in place by the very people who don't want them, which is why my long-term outlook for a country I love very much is so negative. I hope I'm wrong. I'm confident I'm not.
  15. FKIM01

    Fife, Crean, and Izzo

    I'd give Fife the definite inside track , but never count Crean out. He has the intelligence to look back at his IU years and make adjustments. If he starts tearing it up at Georgia, you never know. If that happened, no doubt Fife would be rightly pissed so Crean would really have to show marked improvement and consistency for MSU to pass Fife over.
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