Republicans have a poor understanding of economics. They should have no place in making policy

[Billy000]

Republicans only econonic solutions are deregulation and cutting taxes for corporations/the wealthy. Both of these methods do next to nothing to help the overall economy.

Regulations cost GDP 2% every year. Now even if you were irresponsible and stupid enough to undo ALL regulations for the sake of growth, you would only be boosting 2%. The growth of that is not nearly worth the chaos that would ensue.

Cutting taxes for corporations does jack shit for the economy in general. Stimuluating supply means dick if you don't stimuluate demand. The extra supply that is created does not meet any increase in demand. This means there is no increase in business just because a company has more to sell. Not only that, but cutting taxes only makes the government borrow more which means more debt. The proposed republican tax cuts would add 440 billion to our national debt.

The recent "experiment" failure in Kansas' economy and the pathetic job growth under Bush proves this.

See the republicans you people elect know this. They say they want to help you but in reality they only care about keeping the wealthy happy.

The reality is that the best way to stimulate economic growth is by stimulating the middle class. That is the driving force of our consumption based economy. Republicans have barely done anything for the middle class since Reagan.

Obama's stimulus created close to 3 million jobs. Why? Because it gave the middle class the biggest middle class tax cut since Reagan. It also extended unemployment benefits for the millions who lost their jobs against their will. This allowed them to spend money they wouldn't have otherwise spent because they were unemployed.

This is what you call demand-side economics.

 

[Mr. H.]

Six mother scratching years of He-Who-Shall-Not-Be-Named...

Lovely grasp of economics this is:

 

[Billy000]

Six mother scratching years of He-Who-Shall-Not-Be-Named...

Lovely grasp of economics this is:

And yet the overall cost has gone down so why do you bother?

 

[The Rabbi]

Wow, irony on steroids here.
A troll thread from Billy Three-Zip, whose name represents all he knows.
Hey, Billy. Remind us how government spending creates a mulitplier but spending by private companies doesn.t

 

[KissMy]

Bush exploded Food Stamps! They were going down until Bush & Republicans took over in 2001. Food stamps went up every year Bush was in office.

 

[The Rabbi]

Bush exploded Food Stamps! They were going down until Bush & Republicans took over in 2001. Food stamps went up every year Bush was in office.

Proving once more you can't read a chart.
There are more people on food stamps today than when Barry took office. Despite an economic recovery and impriving job situation. Even as a percent of the population there are many more.
So if Bush was a failure (he wasnt) Barry is failure squared.

 

[Mr. H.]

Six mother scratching years of He-Who-Shall-Not-Be-Named...

Lovely grasp of economics this is:

And yet the overall cost has gone down so why do you bother?

I "bother" because it's worth the effort to point out your ridiculous blather.

 

[The Rabbi]

Six mother scratching years of He-Who-Shall-Not-Be-Named...

Lovely grasp of economics this is:

And yet the overall cost has gone down so why do you bother?

I "bother" because it's worth the effort to point out your ridiculous blather.

I am convinced Billy is a paid poster by the RNC trying to make liberals look like the Nazis on Hogan's Heroes.

 

[Billy000]

Wow, irony on steroids here.
A troll thread from Billy Three-Zip, whose name represents all he knows.
Hey, Billy. Remind us how government spending creates a mulitplier but spending by private companies doesn.t

I can't believe I have to explain this to you again. Stimuluating supply doesn't do jack shit do stimuluate demand which is how our economy works. The economy thrives on consumer spending. Stimulating supply would make sense if demand was stimulated just as much but republicans don't do that. They are morons like you.

The unemployed have no money to spend over time. Benefits gives them money. Consumer spending creates economic growth. Every dollar spent on businesses gives them profit. This isn't hard to figure out. This is capitalism 101.

Also, every dollar lost in revenue is replaced by 1.64 in growth. Bush's tax cuts only created .59 cents in growth for every dollar lost in revenue

 

[Toddsterpatriot]

Republicans only econonic crises are deregulation and cutting taxes for corporations/the wealthy. Both of these methods do next to nothing to help the overall economy.

Regulations cost GDP 2% every year. Now even if you were irresponsible and stupid enough to undo ALL regulations for the sake of growth, you would only be boosting 2%. The growth of that is not nearly worth the chaos that would ensue.

Cutting taxes for corporations does jack shit for the economy in general. Stimuluating supply means dick if you don't stimuluate demand. The extra supply that is created does not meet any increase in demand. This means there is no increase in business just because a company has more to sell. Not only that, but cutting taxes only makes the government borrow more which means more debt. The proposed republican tax cuts would add 440 billion to our national debt.

The recent "experiment" failure in Kansas' economy and the pathetic job growth under Bush proves this.

See the republicans you people elect know this. They say they want to help you but in reality they only care about keeping the wealthy happy.

The reality is that the best way to stimulate economic growth is by stimulating the middle class. That is the driving force of our consumption based economy. Republicans have barely done anything for the middle class since Reagan.

Obama's stimulus created close to 3 million jobs. Why? Because it gave the middle class the biggest middle class tax cut since Reagan. It also extended unemployment benefits for the millions who lost their jobs against their will. This allowed them to spend money they wouldn't have otherwise spent because they were unemployed.

This is what you call demand-side economics.

Regulations cost GDP 2% every year. Now even if you were irresponsible and stupid enough to undo ALL regulations for the sake of growth, you would only be boosting 2%.

You're right, 2% more growth would be bad.
More regulations and less growth would be better.
That's the Democrat understanding of economics.

Because it gave the middle class the biggest middle class tax cut since Reagan.

How big was it? How did it compare to the Bush middle class tax cuts?

 

[Mr. H.]

Wow, irony on steroids here.
A troll thread from Billy Three-Zip, whose name represents all he knows.
Hey, Billy. Remind us how government spending creates a mulitplier but spending by private companies doesn.t

I can't believe I have to explain this to you again. Stimuluating supply doesn't do jack shit do stimuluate demand which is how our economy works. The economy thrives on consumer spending. Stimulating supply would make sense if demand was stimulated just as much but republicans don't do that. They are morons like you.

The unemployed have no money to spend over time. Benefits gives them money. Consumer spending creates economic growth. Every dollar spent on businesses gives them profit. This isn't hard to figure out. This is capitalism 101.

Also, every dollar lost in revenue is replaced by 1.64 in growth. Bush's tax cuts only created .59 cents in growth for every dollar lost in revenue

Let me remind you how it was the oil and natural gas industries that saved this economy from the fucking shitter. Industries dominated by Republican voters, top to bottom. Industries who, on their own, developed and perfected the process of high volume high pressure hydraulic fracturing. The result? Just look at North Dakota and it's insanely low unemployment. These are middle-class shlubs with no secondary education making six figure incomes. Folks with that kind of money buy shit- houses, cars, whores. Whores! You see? They are why YOU have a job!

Cheap plentiful natural gas is rejuvenating domestic industries and drawing factories back into the U.S. Factories that employ Americans who make money and buy shit.

Oversupplies of domestic crude have driven down prices and put billions back into the pockets of all Americans. That money BUYS shit and keeps whores like you employed.

 

[occupied]

Far too much conservative economic theory is based on things Reagan said that have just not panned out in practice but since the conservative messiah said it they intend to keep trying the same shit until it actually works.

 

[dblack]

Government - Republican, Democrat or otherwise - should have no power to manipulate the economy in the first place.

 

[Billy000]

Wow, irony on steroids here.
A troll thread from Billy Three-Zip, whose name represents all he knows.
Hey, Billy. Remind us how government spending creates a mulitplier but spending by private companies doesn.t

I can't believe I have to explain this to you again. Stimuluating supply doesn't do jack shit do stimuluate demand which is how our economy works. The economy thrives on consumer spending. Stimulating supply would make sense if demand was stimulated just as much but republicans don't do that. They are morons like you.

The unemployed have no money to spend over time. Benefits gives them money. Consumer spending creates economic growth. Every dollar spent on businesses gives them profit. This isn't hard to figure out. This is capitalism 101.

Also, every dollar lost in revenue is replaced by 1.64 in growth. Bush's tax cuts only created .59 cents in growth for every dollar lost in revenue

Let me remind you how it was the oil and natural gas industries that saved this economy from the fucking shitter. Industries dominated by Republican voters, top to bottom. Industries who, on their own, developed and perfected the process of high volume high pressure hydraulic fracturing. The result? Just look at North Dakota and it's insanely low unemployment. These are middle-class shlubs with no secondary education making six figure incomes. Folks with that kind of money buy shit- houses, cars, whores. Whores! You see? They are why YOU have a job!

Cheap plentiful natural gas is rejuvenating domestic industries and drawing factories back into the U.S. Factories that employ Americans who make money and buy shit.

Oversupplies of domestic crude have driven down prices and put billions back into the pockets of all Americans. That money BUYS shit and keeps whores like you employed.

I don't deny the energy industry is huge and is an economic asset, but it doesn't provide for a national economy. It is a single industry.

 

[deltex1]

Republicans only econonic solutions are deregulation and cutting taxes for corporations/the wealthy. Both of these methods do next to nothing to help the overall economy.

Regulations cost GDP 2% every year. Now even if you were irresponsible and stupid enough to undo ALL regulations for the sake of growth, you would only be boosting 2%. The growth of that is not nearly worth the chaos that would ensue.

Cutting taxes for corporations does jack shit for the economy in general. Stimuluating supply means dick if you don't stimuluate demand. The extra supply that is created does not meet any increase in demand. This means there is no increase in business just because a company has more to sell. Not only that, but cutting taxes only makes the government borrow more which means more debt. The proposed republican tax cuts would add 440 billion to our national debt.

The recent "experiment" failure in Kansas' economy and the pathetic job growth under Bush proves this.

See the republicans you people elect know this. They say they want to help you but in reality they only care about keeping the wealthy happy.

The reality is that the best way to stimulate economic growth is by stimulating the middle class. That is the driving force of our consumption based economy. Republicans have barely done anything for the middle class since Reagan.

Obama's stimulus created close to 3 million jobs. Why? Because it gave the middle class the biggest middle class tax cut since Reagan. It also extended unemployment benefits for the millions who lost their jobs against their will. This allowed them to spend money they wouldn't have otherwise spent because they were unemployed.

This is what you call demand-side economics.

How does the middle class tax cuts (niggernomics) create jobs?

 

[Billy000]

Republicans only econonic solutions are deregulation and cutting taxes for corporations/the wealthy. Both of these methods do next to nothing to help the overall economy.

Regulations cost GDP 2% every year. Now even if you were irresponsible and stupid enough to undo ALL regulations for the sake of growth, you would only be boosting 2%. The growth of that is not nearly worth the chaos that would ensue.

Cutting taxes for corporations does jack shit for the economy in general. Stimuluating supply means dick if you don't stimuluate demand. The extra supply that is created does not meet any increase in demand. This means there is no increase in business just because a company has more to sell. Not only that, but cutting taxes only makes the government borrow more which means more debt. The proposed republican tax cuts would add 440 billion to our national debt.

The recent "experiment" failure in Kansas' economy and the pathetic job growth under Bush proves this.

See the republicans you people elect know this. They say they want to help you but in reality they only care about keeping the wealthy happy.

The reality is that the best way to stimulate economic growth is by stimulating the middle class. That is the driving force of our consumption based economy. Republicans have barely done anything for the middle class since Reagan.

Obama's stimulus created close to 3 million jobs. Why? Because it gave the middle class the biggest middle class tax cut since Reagan. It also extended unemployment benefits for the millions who lost their jobs against their will. This allowed them to spend money they wouldn't have otherwise spent because they were unemployed.

This is what you call demand-side economics.

How does the middle class tax cuts (niggernomics) create jobs?

God you people are so thick. No wonder you vote republican. Tax cuts help the middle class spend money. They are the big spenders when it comes to economic demand in this consumer spending economy we have.

 

[deltex1]

That's right...I forgot Nancy said EBT cards are the engine that drives America's gdp....my bad.

 

[Toddsterpatriot]

Wow, irony on steroids here.
A troll thread from Billy Three-Zip, whose name represents all he knows.
Hey, Billy. Remind us how government spending creates a mulitplier but spending by private companies doesn.t

I can't believe I have to explain this to you again. Stimuluating supply doesn't do jack shit do stimuluate demand which is how our economy works. The economy thrives on consumer spending. Stimulating supply would make sense if demand was stimulated just as much but republicans don't do that. They are morons like you.

The unemployed have no money to spend over time. Benefits gives them money. Consumer spending creates economic growth. Every dollar spent on businesses gives them profit. This isn't hard to figure out. This is capitalism 101.

Also, every dollar lost in revenue is replaced by 1.64 in growth. Bush's tax cuts only created .59 cents in growth for every dollar lost in revenue

Stimuluating supply doesn't do jack shit do stimuluate demand

Exactly! New start ups or old companies expanding never increase employment or salaries.
New workers and higher paid workers never increase their demand.
Only higher taxes do those things.

The economy thrives on consumer spending.

Wouldn't it be cool if more of that consumer spending supported home grown businesses?
Businesses that might succeed if we didn't have the highest corporate tax rate in the world.

Also, every dollar lost in revenue is replaced by 1.64 in growth.

Huh?

Bush's tax cuts only created .59 cents in growth for every dollar lost in revenue

You're saying for every dollar that consumers saved on their taxes, we get an extra 59 cents in GDP?
That's a win-win!!

 

[Mr. H.]

Wow, irony on steroids here.
A troll thread from Billy Three-Zip, whose name represents all he knows.
Hey, Billy. Remind us how government spending creates a mulitplier but spending by private companies doesn.t

I can't believe I have to explain this to you again. Stimuluating supply doesn't do jack shit do stimuluate demand which is how our economy works. The economy thrives on consumer spending. Stimulating supply would make sense if demand was stimulated just as much but republicans don't do that. They are morons like you.

The unemployed have no money to spend over time. Benefits gives them money. Consumer spending creates economic growth. Every dollar spent on businesses gives them profit. This isn't hard to figure out. This is capitalism 101.

Also, every dollar lost in revenue is replaced by 1.64 in growth. Bush's tax cuts only created .59 cents in growth for every dollar lost in revenue

Let me remind you how it was the oil and natural gas industries that saved this economy from the fucking shitter. Industries dominated by Republican voters, top to bottom. Industries who, on their own, developed and perfected the process of high volume high pressure hydraulic fracturing. The result? Just look at North Dakota and it's insanely low unemployment. These are middle-class shlubs with no secondary education making six figure incomes. Folks with that kind of money buy shit- houses, cars, whores. Whores! You see? They are why YOU have a job!

Cheap plentiful natural gas is rejuvenating domestic industries and drawing factories back into the U.S. Factories that employ Americans who make money and buy shit.

Oversupplies of domestic crude have driven down prices and put billions back into the pockets of all Americans. That money BUYS shit and keeps whores like you employed.

I don't deny the energy industry is huge and is an economic asset, but it doesn't provide for a national economy. It is a single industry.

These are Base industries. Industries upon which all others are dependent. Every barrel of oil and every mcf of natural gas produced here means less of our cash flowing out of our economy and into the pockets of foreign exporters.

Over 9 million are employed by these Base industries. GDP growth and hydrocarbon use run in near direct proportion.

Get people the fuck off of welfare and food stamps. Taxes DO stifle the ability of a business to EMPLOY. Regulations DO stifle the ability of a business to DO BUSINESS. I know, because I do business and I employ!

 

[blackhawk]

Yes Democrats are so brilliant on economics that is why they just lost more seats in the House and control of the Senate more proof that the voters are smarter than Gruber and the other liberal elites think.