Hope & Change Update: 200,000 small businesses disappeared between 2008 and 2010

[OohPooPahDoo]

Papa Obama has lifted spending as a percentage of GDP from a historical rate of 20% to around 24-25%

Yeah. In the midst of a recession. That's what government's supposed to do during a recession.

The US does not have a tax problem, it has a spending problem
It is like a crack whore when it comes to money

It has both problems. This has nothing to do with crack.

According to Keynes, pump the economy, in his model tax cuts and gov't
spending were compatible. So raising rates during a recession would not help
Good to see you are on board


Spending rates increased at a faster pace
spending is the primary problem

There are two problems here - the economy, and the debt. You fix economies by spending money and cutting taxes and you fix debts by raising taxes and cutting spending - they have opposite solutions.

 

[OohPooPahDoo]

au contraire, my dear

Papa Obama has brought down the economy so much
that even small Bush tax cuts are not enough to overcome
it

Hope that helps
no need to thank me

THe economy was crap before Obama took office. What are you, 12?

Reagan had it as bad
and did more with less
and in less time

Obama is not working

Reagan didn't have it as bad - he got to lower the tax rate from absurd levels to 50%. That's fucking easy.

 

[Neotrotsky]

Yeah. In the midst of a recession. That's what government's supposed to do during a recession.



It has both problems. This has nothing to do with crack.

According to Keynes, pump the economy, in his model tax cuts and gov't
spending were compatible. So raising rates during a recession would not help
Good to see you are on board


Spending rates increased at a faster pace
spending is the primary problem

There are two problems here - the economy, and the debt. You fix economies by spending money and cutting taxes and you fix debts by raising taxes and cutting spending - they have opposite solutions.

of course
one could create a pro growth economy

But ones needs to not be anti business like Papa Obama
which is why his plans will never work
and we see the worst growth in decades

 

[OohPooPahDoo]

According to Keynes, pump the economy, in his model tax cuts and gov't
spending were compatible. So raising rates during a recession would not help
Good to see you are on board


Spending rates increased at a faster pace
spending is the primary problem

There are two problems here - the economy, and the debt. You fix economies by spending money and cutting taxes and you fix debts by raising taxes and cutting spending - they have opposite solutions.

of course
one could create a pro growth economy

But ones needs to not be anti business like Papa Obama
which is why his plans will never work
and we see the worst growth in decades

He's not anti-business. We're seeing low growth because demand is down.

 

[Neotrotsky]

Because business is not expanding and creating jobs
which would increase demand

They would try but not with this anti-business president in office


One could gov't pump consumer demand all day
will not do any good with no growth in real wealth
production and real value

Almost like giving someone a credit card with no job
Sure they can spend but they are doing nothing to create wealth
for themselves


If this was true, then Cuba and the former Soviet Union would
have been the richest countries in the world

 

[OohPooPahDoo]

Because business is not expanding and creating jobs
which would increase demand

Businesses create jobs in response to demand (actual or perceived), it doesn't work the other way around.

They would try but not with this anti-business president in office

That's the most retarded excuse I've ever heard.

 

[Neotrotsky]

Because business is not expanding and creating jobs
which would increase demand

Businesses create jobs in response to demand (actual or perceived), it doesn't work the other way around.

They would try but not with this anti-business president in office

That's the most retarded excuse I've ever heard.

One can see why the left is so bad with economic policy
Businesses ONLY create jobs to demand
------------------------
I can't believe this has to be explained

Investment for opportunities and to create market demand

Using your theory, Jobs did not know to make the first Ipod
until it was ordered


That is the problem, Papa Obama being so anti-business
no one will take the chance to invest and help create jobs