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Letting people keep what's theirs is not "financed" by anything.You mean "Bush Tax Cuts"?
The answer is still for the gubamint to reduce spending. The average Joe gets a smaller paycheck he reduces spending, gubamint can do the same. I'm tired of hearing bullshit excuses from our gubamint about "we have to PAY for tax cuts!"
Bullshit! You just have to spend less.
Does that mean you would oppose any deficit-financed extensions of (any of) the tax cuts? That is, any bill to extend the tax cuts that doesn't include offsetting spending cuts?
Letting people keep what's theirs is not "financed" by anything.You mean "Bush Tax Cuts"?
The answer is still for the gubamint to reduce spending. The average Joe gets a smaller paycheck he reduces spending, gubamint can do the same. I'm tired of hearing bullshit excuses from our gubamint about "we have to PAY for tax cuts!"
Bullshit! You just have to spend less.
Does that mean you would oppose any deficit-financed extensions of (any of) the tax cuts? That is, any bill to extend the tax cuts that doesn't include offsetting spending cuts?
The only thing that costs anything is spending, the duplicitous and disingenuous propaganda semantics of Fabian socialist progressives notwithstanding.
They've learned alright...Learned how to use newspeak to to a degree that would make Orwell blush.Letting people keep what's theirs is not "financed" by anything.Does that mean you would oppose any deficit-financed extensions of (any of) the tax cuts? That is, any bill to extend the tax cuts that doesn't include offsetting spending cuts?
The only thing that costs anything is spending, the duplicitous and disingenuous propaganda semantics of Fabian socialist progressives notwithstanding.
That you need to constantly remind people of that shows how fucked we are because there are so so many people who just refuse to learn.
By about 2% of GDP per year.
Bush Tax Cuts: Economic Growth vs. Fiscal Sustainability | The Big Picture
By about 2% of GDP per year.
Bush Tax Cuts: Economic Growth vs. Fiscal Sustainability | The Big Picture
Complete and utter nonsense.
Such models are based on static growth. In reality, we know that lower taxes spur economic growth, with a resultant rise in tax receipts.
"Raising taxes on those who invest discourages investment."It's pretty simple math. All other things being equal, if you increase your revenue you decrease the deficit. One can argue that increase taxation on the wealthy will stifle new investments and slow down the recovery. Well, that's a theory, but I don't buy it, at least not in the current economy environment. Money will always be invested somewhere. Large corporations in the US are sitting on tons of cash invested in low yielding treasury bills and bonds. They are not expanding because they don't see consumer demand increasing. Increasing tax rates on the wealthiest people in the country will have little effect on consumer demand or on new investments but will help reduce the deficit.A disincentive to invest will cause the economy to sink further, IMO.
The economy decreased, government needs to decrease proportionately.
The problem with that and the CBO's analysis is that there is no situation where all other things are equal. The economy is dynamic. Raising taxes on those who invest discourages investment.
This all assumes a static view of the economy which is false. Does anyone know of a projection made by the CBO that came true?
Very true, with the economy continuing to sink it will be worse than predictions.
A disincentive to invest will cause the economy to sink further, IMO.
The economy decreased, government needs to decrease proportionately.
By about 2% of GDP per year.
Bush Tax Cuts: Economic Growth vs. Fiscal Sustainability | The Big Picture
Complete and utter nonsense.
Such models are based on static growth. In reality, we know that lower taxes spur economic growth, with a resultant rise in tax receipts.
Very true, with the economy continuing to sink it will be worse than predictions.
A disincentive to invest will cause the economy to sink further, IMO.
The economy decreased, government needs to decrease proportionately.
Invest?
They haven't "invested" in 8 years..what makes you think they are going to start now?
A disincentive to invest will cause the economy to sink further, IMO.
The economy decreased, government needs to decrease proportionately.
Invest?
They haven't "invested" in 8 years..what makes you think they are going to start now?
Many think that day trading in the market is investing.
A disincentive to invest will cause the economy to sink further, IMO.
The economy decreased, government needs to decrease proportionately.
Invest?
They haven't "invested" in 8 years..what makes you think they are going to start now?
Many think that day trading in the market is investing.
Invest?
They haven't "invested" in 8 years..what makes you think they are going to start now?
Many think that day trading in the market is investing.
A Large majority of them don't even do that.
The rich don't retain their wealth taking risks (especially with their own money). They do it by getting into a sure thing.
Very true, with the economy continuing to sink it will be worse than predictions.
A disincentive to invest will cause the economy to sink further, IMO.
The economy decreased, government needs to decrease proportionately.
Invest?
They haven't "invested" in 8 years..what makes you think they are going to start now?
When we are talking about investments that create job growth, we aren't talking about day trading or even long investing in mutual funds and listed stocks. The investments that create jobs are investments by businesses to build factories, opening new stores, and facilities. Also investments by entrepreneurs to to create new businesses lead to job growth. Most people who invest in stocks are just buying stocks from someone who wants to sell. It does not provide any additional capital for the company to expand. The exception is secondary offerings by the company and new issues, however this is rather small percent of stock trades. There are other positive benefits of stock trading but job creation is not one of them.Invest?
They haven't "invested" in 8 years..what makes you think they are going to start now?
Many think that day trading in the market is investing.
i.e. short selling
By about 2% of GDP per year.
Bush Tax Cuts: Economic Growth vs. Fiscal Sustainability | The Big Picture