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

[The Rabbi]

Its civil sevants massive spending and redistribution that creates growth ! Really !!!! Lmfao

Raise taxes....

Raise the minimum wage.....

Raise educational spending.....

Raise, raise...raise.....

We'll be heaven.

Dems think you can legislate prosperity. IF that were true France would be a powerhouse.

 

[The Rabbi]

Republicans exploded inflation, destroyed 18 million jobs & increased SNAP recipients by 30 million people. Democrats have restored 10.5 million jobs, but thanks to the massive inflation explosion Republicans left us with we have 18 million in working households still on the government SNAP tit. $10 minimum wage will fix that problem by dumping 18 million off SNAP & create more jobs.

You have no idea at all what the words you use mean, do you? You have no idea what inflation is.

No, he seriously doesnt. He cant read a chart either, as he proves every time he posts one.

 

[Listening]

It will shrink government, lower deficit inflation & increase the workforce.

From the DOL: More than 40 percent of all SNAP participants lived in a household with earnings. For these households, earnings were the primary source of income. That is 18 million SNAP tit suckers.

Sploogy, what happened when the democrats forced Obama's Fascist care on the nation? Did any business cut hours to avoid the penalty of fascist care? Did people lose their jobs?

You of the left claimed it would "help the poor," but did it? Or did it harm the poor by pushing millions into part time status and millions more out of jobs?

And onto foodstamps.

 

[Flash]

Raising minimum wage to $10 will dump over 18 million off SNAP ASAP and create as many new tax payers ASAP thus lowering deficits. It will cut demand for consumer loans thus lowering price inflation. Make wallstreet pay the same sky high tax rates as the workers & lower workers taxes. This lowers deficits & inflation while leaving more workers with their own money to spend & invest. These things are all deflationary & Repubtards hate that, they are big government inflation hogs all the way.

How about the jobs lost in the general economy by having to pay government mandated higher labor market wages for the products they are getting cheaper now? Ever think about that? I doubt it. Free market economics is something Libtards have never really understood. That is why they are such dumbasses and we call them Moon Bats.

Their ain't no such thing a free lunch. The money doesn't magically just appear. It comes out of the economy that already exist so jobs are lost by paying higher wages. In addition, if you are so naive that you think anybody that is on welfare now is going to get off it then you are really a dumbass.

The government should never be in the business of mandating wages. That is an evil thing to do and bad economics. That should be left up to the free market of labor. Of course these commies assholes think that the filthy corrupt government should mandate everything in their lives so no wonder they get it wrong.

If a company wants to pay their workers higher wages that is fine. However, when the government starts mandating higher wages that screws up the economy big time.

If someone doesn't want to make $7 then they should get another job. If they can't get another job because they are unemployable dumbasses then that is their problem and we don't need the government protecting them. Maybe if they didn't vote for Liberals that screw up the economy then there would be better paying jobs in this country.

 

[The Rabbi]

Raising minimum wage to $10 will dump over 18 million off SNAP ASAP and create as many new tax payers ASAP thus lowering deficits. It will cut demand for consumer loans thus lowering price inflation. Make wallstreet pay the same sky high tax rates as the workers & lower workers taxes. This lowers deficits & inflation while leaving more workers with their own money to spend & invest. These things are all deflationary & Repubtards hate that, they are big government inflation hogs all the way.

How about the jobs lost in the general economy by having to pay government mandated higher labor market wages for the products they are getting cheaper now? Ever think about that? I doubt it. Free market economics is something Libtards have never really understood. That is why they are such dumbasses and we call them Moon Bats.

Their ain't no such thing a free lunch. The money doesn't magically just appear. It comes out of the economy that already exist so jobs are lost by paying higher wages. In addition, if you are so naive that you think anybody that is on welfare now is going to get off it then you are really a dumbass.

The government should never be in the business of mandating wages. That is an evil thing to do and bad economics. That should be left up to the free market of labor. Of course these commies assholes think that the filthy corrupt government should mandate everything in their lives so no wonder they get it wrong.

If a company wants to pay their workers higher wages that is fine. However, when the government starts mandating higher wages that screws up the economy big time.

If someone doesn't want to make $7 then they should get another job. If they can't get another job because they are unemployable dumbasses then that is their problem and we don't need the government protecting them. Maybe if they didn't vote for Liberals that screw up the economy then there would be better paying jobs in this country.

Thank you.
Idiot liberals think higher wages come from government tellng people to pay more. I've detailed fallacies lib believe elsewhere. But among them is the idea that "money in the hands of consumers grows the economy." It isnt true. Its never been true. ANd every policy predicated on that false belief of course fail.

 

[Flash]

Republicans exploded inflation, destroyed 18 million jobs & increased SNAP recipients by 30 million people. Democrats have restored 10.5 million jobs, but thanks to the massive inflation explosion Republicans left us with we have 18 million in working households still on the government SNAP tit. $10 minimum wage will fix that problem by dumping 18 million off SNAP & create more jobs.

Did you ever hear of Jimmy Carter's inflation?

All minimal wages do is artificially drive up the cost of goods and services while taking money out of the economy that would have been spent on something else, thus losing jobs. Libtards always have a difficult time understanding the free market but then they have never been known to get anything right so it is kinda of expected.

 

[The Rabbi]

Republicans exploded inflation, destroyed 18 million jobs & increased SNAP recipients by 30 million people. Democrats have restored 10.5 million jobs, but thanks to the massive inflation explosion Republicans left us with we have 18 million in working households still on the government SNAP tit. $10 minimum wage will fix that problem by dumping 18 million off SNAP & create more jobs.

Did you ever hear of Jimmy Carter's inflation?

All minimal wages do is artificially drive up the cost of goods and services while taking money out of the economy that would have been spent on something else, thus losing jobs. Libtards always have a difficult time understanding the free market but then they have never been known to get anything right so it is kinda of expected.

Its like saying we can increase wealth by destroying assets so people have to go buy new ones.
Actually the Obama Administration said that exact thing. ANd it failed, no surprise.

 

[Londoner]

After 30 years of demand-side economics, tax breaks and deregulation made sense in the 80s.

But, now, after 30+ years of reducing the burden on suppliers, we have a demand crisis. Americans no longer have the income and benefits to consume sufficiently in the aggregate to sustain long term economic growth. Too many middle class families have gone into irreparable debt to compensate for the lowered wages and reduced benefits required by the supply side movement. So we keep running into a crisis of oversupply, which cannot be fixed with tax breaks to the suppliers, who don't require more incentives to add workers and inventory to an already saturated market.

Trying to fix a demand-crisis with tax cuts to the wealthy is insane. It adds more money to the side of the equation that already has too much unused capital - which capital is unused precisely because there isn't enough demand to warrant additional investment.

When this happens - when there is too much capital chasing too few opportunities for growth - Wall Street is forced to manufacture high returns out of thin air (see mortgage backed securities and derivatives).

The supply side policies that worked in the 80s created an entrenched special interest bureaucracy that now applies supply side principals for the benefit of the few at the expense of the many. This is what happens when a movement takes over our political machinery. It eventually becomes a noose.

 

[Uncensored2008]

Its like saying we can increase wealth by destroying assets so people have to go buy new ones.
Actually the Obama Administration said that exact thing. ANd it failed, no surprise.

The Broken Window fallacy? Did Obama really say it? Is the guy really that much of a dope?

 

[the_human_being]

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.

It's time you woke up and smelled the roses. You lost the election because of Obama and Harry Reid's FAILED economic policies. Get over it crybaby.

 

[Uncensored2008]

After 30 years of demand-side economics, tax breaks and deregulation made sense in the 80s.

But, now, after 30+ years of reducing the burden on suppliers, we have a demand crisis. Americans no longer have the income and benefits to consume sufficiently in the aggregate to sustain long term economic growth. Too many middle class families have gone into irreparable debt to compensate for the lowered wages and reduced benefits required by the supply side movement. So we keep running into a crisis of oversupply, which cannot be fixed with tax breaks to the suppliers, who don't require more incentives to add workers and inventory to an already saturated market.

Trying to fix a demand-crisis with tax cuts to the wealthy is insane. It adds more money to the side of the equation that already has too much unused capital - which capital is unused precisely because there isn't enough demand to warrant additional investment.

When this happens - when there is too much capital chasing too few opportunities for growth - Wall Street is forced to manufacture high returns out of thin air (see mortgage backed securities and derivatives).

The supply side policies that worked in the 80s created an entrenched special interest bureaucracy that now applies supply side principals for the benefit of the few at the expense of the many. This is what happens when a movement takes over our political machinery. It eventually becomes a noose.

I know you think you are using all the right words and phrases, but you have not a hint of a clue as to what you are talking about.

An actual "demand crises" (if there were such a thing) would be marked by warehouses full of goods that could not be sold.

You don't grasp what supply and demand are in a market, what roles they play, nor the triggers behind them.

 

[The Rabbi]

Its like saying we can increase wealth by destroying assets so people have to go buy new ones.
Actually the Obama Administration said that exact thing. ANd it failed, no surprise.

The Broken Window fallacy? Did Obama really say it? Is the guy really that much of a dope?

Called Cash for Clunkers. Destroyed perfectly serviceable vehicles and put a bunch of used car dealers out of business.

 

[American Horse]

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.

It appears you don't understand percentages nor Republican's notions about regulations.

First "two percent" is more than the full average rate of growth for the past five years so another two percent would've more than doubled GNP.

That Republicans want to do away with all regulations is a Canard and a misused myth of Democrats.

Republicans want every regulation with a cost to the economy of $100m or greater to come to a vote in the house and senate with a simple majority for approval and have proposed multiple bills to put that into economic policy.

Why should career bureaucrats write regulations with the force of law outside of the democratic process?

One such bill of which was sent from the house to the senate and was among the 350 house bills that never came to a vote in the Reid/Democrat senate.

 

[The Rabbi]

Its like saying we can increase wealth by destroying assets so people have to go buy new ones.
Actually the Obama Administration said that exact thing. ANd it failed, no surprise.

The Broken Window fallacy? Did Obama really say it? Is the guy really that much of a dope?

Called Cash for Clunkers. Destroyed perfectly serviceable vehicles and put a bunch of used car dealers out of business.

 

[Uncensored2008]

Called Cash for Clunkers. Destroyed perfectly serviceable vehicles and put a bunch of used car dealers out of business.

Excellent point.

 

[Flash]

Its like saying we can increase wealth by destroying assets so people have to go buy new ones.
Actually the Obama Administration said that exact thing. ANd it failed, no surprise.

It should be that before a Libtard is allowed to vote for some idotic left wing candidate that promises to create jobs by taking money from the people that earn it and give to the people that didn't earn it that the Libtard must study and understand the Broken Window Fallacy.

That would really cut down on the number of Democrats elected in this country, wouldn't it?


[video]

 

[Soggy in NOLA]

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.

It appears you don't understand percentages nor Republican's notions about regulations.

First "two percent" is more than the full average rate of growth for the past five years so another two percent would've more than doubled GNP.

That Republicans want to do away with all regulations is a Canard and a misused myth of Democrats.

Republicans want every regulation with a cost to the economy of $100m or greater to come to a vote in the house and senate with a simple majority for approval and have proposed multiple bills to put that into economic policy.

Why should career bureaucrats write regulations with the force of law outside of the democratic process?

One such bill of which was sent from the house to the senate and was among the 350 house bills that never came to a vote in the Reid/Democrat senate.

Exactly, I have a 2015 Tahoe that has AFM on it (Automatic Fuel Management) which manages the switching between 4 & 8 cylinder to comply with CAFE standards. Bottom line IT SUCKS. If you tiune the truck to diable it, by law, your war

Raising minimum wage to $18 will dump over 18 million off SNAP ASAP and create as many new tax payers ASAP thus lowering deficits. It will cut demand for consumer loans thus lowering price inflation. Make wallstreet pay the same sky high tax rates as the workers & lower workers taxes. This lowers deficits & inflation while leaving more workers with their own money to spend & invest. These things are all deflationary & Repubtards hate that, they are big government inflation hogs all the way.

Can you think of any downsides to an $18/hr minimum wage?

.

He can't seriously be advocating a $37,440 annual mandated minimum salary can he?

 

[KissMy]

Republicans exploded inflation, destroyed 18 million jobs & increased SNAP recipients by 30 million people. Democrats have restored 10.5 million jobs, but thanks to the massive inflation explosion Republicans left us with we have 18 million in working households still on the government SNAP tit. $10 minimum wage will fix that problem by dumping 18 million off SNAP & create more jobs.

Did you ever hear of Jimmy Carter's inflation?

All minimal wages do is artificially drive up the cost of goods and services while taking money out of the economy that would have been spent on something else, thus losing jobs. Libtards always have a difficult time understanding the free market but then they have never been known to get anything right so it is kinda of expected.

You are clearly an idiot. Wages never drive inflation. Inflation is caused by excess fractional reserve lending, deficit spending & government defaulting on debt payments like under Carter, never from higher wages. Your econ professor fed you a line of shit.

 

[Flash]

Called Cash for Clunkers. Destroyed perfectly serviceable vehicles and put a bunch of used car dealers out of business.

I think all of Obama's failures in the economy has been a some variation of Cash for Clunkers.

 

[HereWeGoAgain]

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.

My taxes have gone up under the obammy admin.
And I expect they'll get worse once all the obammy care taxes take hold.