Discussion in 'Politics' started by Flaylo, May 3, 2012.
Jared Bernstein: Tax Cuts and Job Growth: They're Just Not That Into Each Other
So you're advocating ballooning the national debt and hiking inflation. Doesn't sound like a very bright plan to me. Also comes down to a massive transfer of wealth from the middle class to the rich.
it helps if you actually cut taxes. because when people keep more of their own money, they make more money and government benefits from an increase of revenue. It happens every time it's tried.
Of course, when you pretend to cut taxes and dont actually do anything, nothing happens.
It's really just common sense that the way to stimulate an economy is to invest in infrastructure, education, and science/technology. The people denying it are just the US version of the taliban - crazy people who will say and do anything to force their whacky ideology on the rest of us.
Nobody denies the need to invest in necessary infrastructure. But that is different from just throwing money around on pet projects. And money that needs to be invested needs to be freed up first by economizing in unnecessary spending.
The idea of calling people who have opposing views terrorists and extremists is a sign of intolerance and/or stupidity.
They're talking about tax cuts for the rich and for the wealthy businesses, stop distorting, those two things don't spur job and economy growth.
But ballooning the debt and hiking inflation does?
Government austerity is a fast track to the third world.
Debt isn't necessarily a bad thing. As long as it is managed correctly.
And we have yet to see the fucking government do that.
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