Search

Notices
Hangar Talk For non-aviation-related discussion and aviation threads that don't belong elsewhere
View Poll Results: What debt do you have in student loans?
$1 - $50,000
24
39.34%
$50,000 - $75,000
3
4.92%
$75,000 - $100,000
9
14.75%
$100,000 - $125,000
1
1.64%
$125,000 - $150,000
2
3.28%
$150,000 - +
1
1.64%
No Loans
21
34.43%
Voters: 61. You may not vote on this poll

Student Loans

Thread Tools
 
Search this Thread
 
Old 10-21-2011, 08:00 PM
  #31  
Gets Weekends Off
Thread Starter
 
Joined APC: Jul 2011
Position: Left or Right, Whatev'
Posts: 157
Default

So you recommend high taxes and high regulation? Does that keep the marauding bands from attacking your factory?
Know where your I Phone was made? And it has nothing to do with slave labor.
FDXLAG,

Please clarify exactly where I recommend high taxes and high regulation? Why would you pendulum swing to an extreme? That doesn't make any sense.

No he threw out a political opinion and tried to use used a state that has big problems as a proof of his "hypothesis". How do we know how many jobs the low taxes and low regulation have "created or saved"? Maybe unemployment would be 30% if they had high taxes and high regulation in Nevada?
I countered with Texas and Utah where the taxes and regulation are relatively low like Nevada. They dont have the same unemployment problems Nevada has. It is my contention that he has not proved that low taxes and low regulation are not good for employment.
Low taxes and low regulation has not made Somalia prosperous. High taxes and High regulation didnt work out to well for Cuba.
And since the Federal Government owns 90% of the land in Nevada I would contend it is a poor example to indict Capitalism with.
I did not throw out a political opinion. In these politically charged times, you read into my statement with your own economic prejudice. An innocent mistake we all do.

What I contend, is yes, Nevada has large problems, a unique economy based basically on tourism and mining, it also is unique in the aforementioned tax and regulation laws. These laws have existed for many years and have not drawn companies to set up operations. The fact that the state still has only gambling and mining, even after a tax and regulation policy that supposedly should provide the fertile ground for business to flourish, is an indictment of a laissez fair business climate.

A fascinating study of the schizophrenic economic psyche of many, is that when shown a pie slice representation of the division of wealth within many countries of various political / tax structures, the pie that is chosen the most? Sweden. The pie the represents the division of wealth in the US is rarely chosen as the ideal division of wealth. Again, in a blind choice where the pie representing each country, its name, is left blank until after a person’s choice is made. So on the whole, we want the economic division of Sweden with the tax policy of the Bahamas. I think that gap needs to shrink a little.

And back to the education part of it, well Pokey stole my thunder so I'll defer to his statement. Well put.
proletariatav8r is offline  
Old 10-21-2011, 08:05 PM
  #32  
Gets Weekends Off
 
Joined APC: Jan 2009
Posts: 136
Default

A few weeks ago I paid off my student loan...(graduated in 2007 with around $25K).
mxaexm is offline  
Old 10-21-2011, 08:24 PM
  #33  
Gets Weekends Off
 
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Default

Proletariatav8r or, in English, Lowestclassflyer,

Are you saying that when someone recommends lowering taxes and decreasing regulation it is a political statement but when you counter it with your example of Nevada it is not? You do not think that I can infer from your statements that you favor higher taxes and higher regulation? Or do you just favor average taxes and average regulation?

You contend that Nevadas economy has not benefited from its low regulation, up until 5 years ago Nevada was considered an economic miracle. Again how do we know that low regulation has not benefited Nevada, show me your control group. There are other reasons not to move to Nevada; to paraphrase Sam Kinison - Its a frickin desert.

People can prefer all sorts of things. That is the problem we live in a Family Feud world where the right answer is the popular answer regardless of reality.

Sweden is an interesting case study. While they are a high tax state "federal" taxes are relatively low the real taxing and spending is done at the local level where the actual citizen has more influence on how much he will have to pay for how much he is going to get. Hows volvo and saab doing lately?

And back to the education part; why dont you and pokey find a post where I criticize getting an education. You guys think throwing money at the teachers union equals advocating education, I dont.

Last edited by FDXLAG; 10-22-2011 at 06:52 AM.
FDXLAG is offline  
Old 10-21-2011, 08:24 PM
  #34  
Gets Weekends Off
 
pokey9554's Avatar
 
Joined APC: Feb 2008
Position: Cessna 150
Posts: 655
Default

Originally Posted by mxaexm
A few weeks ago I paid off my student loan...(graduated in 2007 with around $25K).
Congratulations. That is quite an accomplishment especially in that amount of time.
pokey9554 is offline  
Old 10-21-2011, 09:55 PM
  #35  
Gets Weekends Off
 
Joined APC: Nov 2009
Posts: 5,262
Default

Originally Posted by mxaexm
A few weeks ago I paid off my student loan...(graduated in 2007 with around $25K).
How ever did you manage with out "forgiveness" or a hand out?
Grumble is offline  
Old 10-22-2011, 07:09 PM
  #36  
Gets Weekends Off
Thread Starter
 
Joined APC: Jul 2011
Position: Left or Right, Whatev'
Posts: 157
Default

Proletariatav8r or, in English, Lowestclassflyer,
You’re resorting to mocking the handle used on an anonymous forum. What a well-reasoned class move FDXLAG. Really? Is this a junior high lunch room? You undermine any point you attempt to make with sarcasm and slights. One would hope that with 4126 posts, that you’d have figured that out by now.

Guess not.

Cheers,

Pro
proletariatav8r is offline  
Old 10-22-2011, 07:22 PM
  #37  
Gets Weekends Off
 
EvilMonkey's Avatar
 
Joined APC: Mar 2008
Position: Chris's Closet
Posts: 485
Default

A few weeks ago I paid off my student loan...(graduated in 2007 with around $25K).
Good for you:-)
EvilMonkey is offline  
Old 10-22-2011, 07:38 PM
  #38  
Gets Weekends Off
 
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Default

Originally Posted by proletariatav8r
You’re resorting to mocking the handle used on an anonymous forum. What a well-reasoned class move FDXLAG. Really? Is this a junior high lunch room? You undermine any point you attempt to make with sarcasm and slights. One would hope that with 4126 posts, that you’d have figured that out by now.

Guess not.

Cheers,

Pro
Mocking or simply providing an English translation of your latin. Little sensitive arent we. Am I incorrect? Did you not know what proletariat meant? Something cool you heard in polisci maybe? Feel free to offer translations of fdxlag into any language of your chosing. I assure you I will not be bothered.
FDXLAG is offline  
Old 10-29-2011, 07:11 PM
  #39  
Gets Weekends Off
 
TheFly's Avatar
 
Joined APC: Feb 2006
Position: Seat 0B
Posts: 2,300
Default

Saved, waited, paid cash. Debt is slavery.

Credit makes enemies, let's be friends.

Last edited by TheFly; 10-29-2011 at 07:12 PM. Reason: Added line.
TheFly is offline  
Old 10-29-2011, 08:23 PM
  #40  
Bracing for Fallacies
 
block30's Avatar
 
Joined APC: Jul 2007
Position: In favor of good things, not in favor of bad things
Posts: 3,543
Default

Never any student loan debt...from zero hours to CFI/II/MEI. Shoot, I squirreled away almost 30,000 into a Roth IRA by the time I was done with college. And my parents left me financially on my own the day I shipped to basic training.

I really do have the National Guard to thank with their educational benefits and what I earned when activated (a lot of that time spent in Iraq). But also I was frugal, worked part time in college, and chose a flight program that wasn't terribly expensive.
block30 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
nicholasblonde
Hangar Talk
40
04-24-2010 09:44 AM
seafeye
Money Talk
8
12-15-2009 03:17 PM
G1000
Flight Schools and Training
4
03-15-2009 06:20 AM
kdoner
Regional
47
04-29-2007 08:33 PM
FNG1
Military
33
03-22-2007 03:44 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices