Question for Conservatives...

Discussion in 'Politics' started by NYcarbineer, Dec 7, 2010.

  1. NYcarbineer
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    NYcarbineer Diamond Member

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    Since you're the self proclaimed experts on this.

    Once what is now the Obama Tax Plan is passed, how soon can we expect to see significant improvement in the jobs situation?

    If it's passed within a month...

    a. Job gains will explode almost immediately, taking unemployment down a point or two by spring.

    b. Job gains will be moderate and slow.

    c. There won't be any jobs gains of any consequence for a year, because tax cuts don't create jobs.
     
  2. Revere
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    Things will stop sliding in the ditch.

    No jobs growth until Obamacare is repealed.
     
  3. The Outsider
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    The Outsider Member

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    Rule of thumb for economics 101.

    It takes a total of 10 years to determine the effectiveness of the change of interest rates and 8 years to determine the effectiveness of tax cuts.


    Consumer confidence will increase if either one of these were to decrease. Would take a good two years or so to see actual game changing results. But there will be a very short surge of employment if passed.
     
  4. steelpoint
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    steelpoint Rookie

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    Yes, and B, but in the job creation aspect this is a temporay solutions to a longterm problem. Personaly, I feel the government needs to leave all part of the economy alone. Its not their buisness to create american jobs, it's conducting and defending us internationally as well as enforcing basic human rights
     
  5. Mr. H.
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    Mr. H. Diamond Member

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    Sometimes the economy is just its own animal. There will be no identifiable cause/effect in the near or long term.
     
  6. hortysir
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    hortysir In Memorial of 47

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    Bam-Bam lowered revenue while increasing expenses.
    You tell ME how that creates a job conducive environment.
     
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    Unemployement remained low, and level. We created jobs as fast as we lost them.
     
  8. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Why on earth do you expect this to create jobs? This isn't lowering taxes. It's keeping the taxes identical. Heck. it's raising death tax.

    While it's definitely good to keep taxes from going up because it will kill more jobs, keeping the tax rate the same is not going to increase jobs in the economy. It's going to keep us from losing more.

    However, we also have the problem with more spending.

    There are two parts to creating jobs. Cutting taxes and cutting spending. This compromise ostensively does neither.
     
  9. DaGoose
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    DaGoose Gold Member

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    Can you link or back that up?
     
  10. uscitizen
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    uscitizen Senior Member

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    And about 8 years after the Bush tax cuts we had a horrible recession?
     
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