Kudlow's Law and Our Poor Economy

[NYcarbineer]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day. He talked about "Kudlow's Law" which runs like this:
No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people and pay wages and then the workers spend those wages as consumers.
So consumer spending is the last link in the chain not the first.
Without capital none of that can happen.
When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.
With the hit to capital it is no wonder business formation, and thus employment, is depressed, with wages stagnant.

Hard to argue with any of this, but I am sure the economic gurus on the left here will explain why that's wrong and why greedy capitalists can just reach into their mattresses for unlimited funds.

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

Wow,you dont know anyhting, do you?

Since you can't refute anything I said, despite your pretense of disagreeing with it,

what does that make you? ...other than the same fucktard you've always been.

 

[NYcarbineer]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day. He talked about "Kudlow's Law" which runs like this:
No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people and pay wages and then the workers spend those wages as consumers.
So consumer spending is the last link in the chain not the first.
Without capital none of that can happen.
When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.
With the hit to capital it is no wonder business formation, and thus employment, is depressed, with wages stagnant.

Hard to argue with any of this, but I am sure the economic gurus on the left here will explain why that's wrong and why greedy capitalists can just reach into their mattresses for unlimited funds.

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

true that.....however his point is that capital is needed for business startups......if capital gains are taxed heavily like BO wants to do that means there is less money available for those startups which means less jobs which means less customers to buy things....

So we should raise taxes on regular income to cover the cost of lowering capital gains taxes?

That makes no sense.

 

[The Rabbi]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day. He talked about "Kudlow's Law" which runs like this:
No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people and pay wages and then the workers spend those wages as consumers.
So consumer spending is the last link in the chain not the first.
Without capital none of that can happen.
When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.
With the hit to capital it is no wonder business formation, and thus employment, is depressed, with wages stagnant.

Hard to argue with any of this, but I am sure the economic gurus on the left here will explain why that's wrong and why greedy capitalists can just reach into their mattresses for unlimited funds.

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

Wow,you dont know anyhting, do you?

Since you can't refute anything I said, despite your pretense of disagreeing with it,

what does that make you? ...other than the same fucktard you've always been.

It's self refuting to anyone who knows anything about taxes, income or accounting. That obviousluy is why you think you posted something wonderful.

 

[NYcarbineer]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day. He talked about "Kudlow's Law" which runs like this:
No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people and pay wages and then the workers spend those wages as consumers.
So consumer spending is the last link in the chain not the first.
Without capital none of that can happen.
When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.
With the hit to capital it is no wonder business formation, and thus employment, is depressed, with wages stagnant.

Hard to argue with any of this, but I am sure the economic gurus on the left here will explain why that's wrong and why greedy capitalists can just reach into their mattresses for unlimited funds.

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

Capital gains are the profit on income that is ALREADY invested.

It's true, if you make capital investment less profitable, you'll get less capital investment.

If you shift the tax burden to regular income, you get less consumption, therefore less capital gain.

 

[g5000]

No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people

Supplies, equipment and people ARE capital.

 

[The Rabbi]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day. He talked about "Kudlow's Law" which runs like this:
No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people and pay wages and then the workers spend those wages as consumers.
So consumer spending is the last link in the chain not the first.
Without capital none of that can happen.
When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.
With the hit to capital it is no wonder business formation, and thus employment, is depressed, with wages stagnant.

Hard to argue with any of this, but I am sure the economic gurus on the left here will explain why that's wrong and why greedy capitalists can just reach into their mattresses for unlimited funds.

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

true that.....however his point is that capital is needed for business startups......if capital gains are taxed heavily like BO wants to do that means there is less money available for those startups which means less jobs which means less customers to buy things....

So we should raise taxes on regular income to cover the cost of lowering capital gains taxes?

That makes no sense.

How about lowering spending and cut taxes across the board

 

[NYcarbineer]

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

Wow,you dont know anyhting, do you?

Since you can't refute anything I said, despite your pretense of disagreeing with it,

what does that make you? ...other than the same fucktard you've always been.

It's self refuting to anyone who knows anything about taxes, income or accounting. That obviousluy is why you think you posted something wonderful.

It remains uncontested and unrefuting. Your comical bluff and bluster notwithstanding.

 

[The Rabbi]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day. He talked about "Kudlow's Law" which runs like this:
No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people and pay wages and then the workers spend those wages as consumers.
So consumer spending is the last link in the chain not the first.
Without capital none of that can happen.
When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.
With the hit to capital it is no wonder business formation, and thus employment, is depressed, with wages stagnant.

Hard to argue with any of this, but I am sure the economic gurus on the left here will explain why that's wrong and why greedy capitalists can just reach into their mattresses for unlimited funds.

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

Capital gains are the profit on income that is ALREADY invested.

It's true, if you make capital investment less profitable, you'll get less capital investment.

If you shift the tax burden to regular income, you get less consumption, therefore less capital gain.

That is wrong. If you shift the burden to income, you get less income. Consumption might be affected too but that is secondary.
You're not very good at this, are you?

 

[g5000]

When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.

Jesus H. Christ, you are conflating two entirely different terms. The capital used to create a business is not capital gains!

 

[g5000]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day.

And it shows. Two minutes of talk radio obviously did not inform you for shit as far as economics goes.

 

[NYcarbineer]

Borrowing costs are at record low rates.

Consumers are the first link in the chain because without a demand for your goods and services there's no point in starting or expanding a business.

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

true that.....however his point is that capital is needed for business startups......if capital gains are taxed heavily like BO wants to do that means there is less money available for those startups which means less jobs which means less customers to buy things....

So we should raise taxes on regular income to cover the cost of lowering capital gains taxes?

That makes no sense.

How about lowering spending and cut taxes across the board

First of all, we already have a gap between revenue and spending so we have to close that. Let the Republicans propose spending cuts that include a proportionate amount of their constituencies' skin in the game and then we can talk.

 

[The Rabbi]

No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people

Supplies, equipment and people ARE capital.

You could define it that way. If you were drunk.

 

[NYcarbineer]

I caught about 2 minutes of Lawrence Kudlow on the radio the other day.

And it shows. Two minutes of talk radio obviously did not inform you for shit as far as economics goes.

Kudlow's one of crowd who was shouting buy buy buy right through the peak of the dot.com bubble.

 

[g5000]

No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people

Supplies, equipment and people ARE capital.

You could define it that way. If you were drunk.

No, dumbass. That's what capital is. It isn't just cash.

Thanks for demonstrating your massive ignorance.

 

[Siete]

Losertrains have no right to bitch about the economy. How is cutting funding for infrastructure, science and investment that generally helps our country = a good idea??? Seriously, you people are nuts.

please explain where that TRILLION dollars for BO's great stimulus plan for infrastructure went exactly.....

apparently, it went to blowing RW talking points and morons like you out of the water ..

Congressional Budget Office defends stimulus - The Washington Post

 

[g5000]

1. Financial assets or the financial value of assets, such as cash.
2. The factories, machinery and equipment owned by a business and used in production.

Capital Definition Investopedia

A measure of the economic value of an employee's skill set. This measure builds on the basic production input of labor measure where all labor is thought to be equal. The concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved by investing in them. The education, experience and abilities of an employee have an economic value for employers and for the economy as a whole.

Human Capital Definition Investopedia

 

[The Rabbi]

When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.

Jesus H. Christ, you are conflating two entirely different terms. The capital used to create a business is not capital gains!

I realize you are both arrogant and stupid, a bad combination.
Technically you are right: capital gains is not strictly speaking capital.
But capital gains supplies capital for the next investment so there is a relationship between the two.
Sorry I had to spell it out in simple, easy to understand terms. I forgot who I was dealing with.

 

[The Rabbi]

It's irrelevant.
All business starts with capital. If you tax capital you get less of it.
We have the lowest start up rate in a very long time. There are more businesses closing than opening. It is no wonder our economy is stagnant.

Capital gains aren't capital, they are the income from capital. People put their earned income into investment as well.

Capital gains are the profit on income that is ALREADY invested.

true that.....however his point is that capital is needed for business startups......if capital gains are taxed heavily like BO wants to do that means there is less money available for those startups which means less jobs which means less customers to buy things....

So we should raise taxes on regular income to cover the cost of lowering capital gains taxes?

That makes no sense.

How about lowering spending and cut taxes across the board

First of all, we already have a gap between revenue and spending so we have to close that. Let the Republicans propose spending cuts that include a proportionate amount of their constituencies' skin in the game and then we can talk.

OK. DOnt you always say "Red states get the most government handouts"? So let's start with cutting government hadnouts like welfare, SSI, food stamps and the like.

 

[The Rabbi]

No business starts without capital. In order to do anything they must have capital first. So first they have capital, then they buy supplies/equipment, then they hire people

Supplies, equipment and people ARE capital.

You could define it that way. If you were drunk.

No, dumbass. That's what capital is. It isn't just cash.

Thanks for demonstrating your massive ignorance.

Capital can be those things, true. BUt at base it is cash, especially in the context of starting a business.
I realize your brain has limuited capacity but try to keep up.

 

[g5000]

When you tax capital you depress the ability of businesses to form and grow. We have had 2 capital gains tax increases over the last 6 years, with Obama pushing for more.

Jesus H. Christ, you are conflating two entirely different terms. The capital used to create a business is not capital gains!

I realize you are both arrogant and stupid, a bad combination.
Technically you are right: capital gains is not strictly speaking capital.
But capital gains supplies capital for the next investment so there is a relationship between the two.
Sorry I had to spell it out in simple, easy to understand terms. I forgot who I was dealing with.

Man, this just gets funnier and funnier.

Capital gains is the profit made when an asset is SOLD. It has nothing to do with the taxes on corporate earnings that are re-invested.

In fact, re-invested earnings are entitled to a tax deduction.