Republicans oppose economic stimulus

[The Rabbi]

Without innovation there will be no increased demand.

Untrue, in fact, the exact opposite is true: without increased demand there will be no innovation.

That's idiotic. It's socialist propaganda intended to make taking money from productive people and giving it to parasites as something positive for the economy. No credible theory of economics says paying people to do stuff nobody wants is going to improve the material well being of the country.

There was no demand for Kindles and other electronic goodies before they were invented. The first stage was large investment in R&D. This is what generates economic growth and jobs, not sending checks to union members.

 

[Intense]

I see I'm dealing with the slow-normal crowd here.
Best of luck. You'll need it.

Don't let the screen door hit you on the way out, Alfalfa.

No problem, Skippy. I don't want to waste my time with people who think Sherlock Holmes is a housing project in Miami.

That's why you are posting here, right? Did you miss the bus again? Forget your keys? Can't leave not knowing how Sponge Bob ends?

 

[The Rabbi]

Don't let the screen door hit you on the way out, Alfalfa.

No problem, Skippy. I don't want to waste my time with people who think Sherlock Holmes is a housing project in Miami.

That's why you are posting here, right? Did you miss the bus again? Forget your keys? Can't leave not knowing how Sponge Bob ends?

No, just to insult you because you are so insultable, bubble-butt.

 

[Intense]

No problem, Skippy. I don't want to waste my time with people who think Sherlock Holmes is a housing project in Miami.

That's why you are posting here, right? Did you miss the bus again? Forget your keys? Can't leave not knowing how Sponge Bob ends?

No, just to insult you because you are so insultable, bubble-butt.

I know you are, but what am I.

How come you are up so late? You do know what today's date is right? Who is President? Got 2 Twenties for a Ten? Need more medicine? So how are the voices treating you?

 

[Cuyo]

Without innovation there will be no increased demand.

Untrue, in fact, the exact opposite is true: without increased demand there will be no innovation.

That's idiotic. It's socialist propaganda intended to make taking money from productive people and giving it to parasites as something positive for the economy. No credible theory of economics says paying people to do stuff nobody wants is going to improve the material well being of the country.

You are beyond stupid.

 

[Intense]

Without innovation there will be no increased demand.

Untrue, in fact, the exact opposite is true: without increased demand there will be no innovation.

That's idiotic. It's socialist propaganda intended to make taking money from productive people and giving it to parasites as something positive for the economy. No credible theory of economics says paying people to do stuff nobody wants is going to improve the material well being of the country.

Well... in truth it is either that or the Policeman's Widows and Orphan's Fund. Power Corrupts, Absolute Power corrupts Absolutely. For some, the objective is to remove all doubt.

 

[asterism]

Without innovation there will be no increased demand.

Untrue, in fact, the exact opposite is true: without increased demand there will be no innovation. Also no further investment in the old ho-hum not-so-innovative parts of the economy. When people have no money to spend, not only are there no customers for mundane ordinary business, but people also have no money to spend on innovative products. Innovation is a child of good times, not bad ones.

Again, people have money to spend. They just don't spend as much (wisely so). Innovation doesn't happen when everyone is happy, innovation happens when there is a demand for something else - an alternative.

PayPal is an example. It got popular during the last recession. Why? It saved merchants tons of money and that savings was realized in lower prices and expanded products and services.

 

[asterism]

You are both right actually. It's a symbiotic Relationship. Demand Drives Innovation, and new innovations can in turn drive even more demand. Both Demand and Innovation tend to like Free Markets, Lower taxes, and less government intrusion. Ironically.

I was fine until your last sentence, which is demonstrably untrue. The best performance of the U.S. economy in its entire history occurred during the decades that also featured the highest top marginal taxes and the most government intrusion.

With a whole shitload of deductions and a shattered competition. Meanwhile, "The Great Society" was 10 years away.

If things were so good, why did the transformational changes of the 1960s happen?

 

[frazzledgear]

It appears as if Republicans are against any attempt to revive the economy

Fed chairman gets letter from GOP leaders: No stimulus - Yahoo! Finance

Wow -another one who thinks just because they use a title for their bill it means it will actually do it. Did this "stimulus" work for us the last time? And just think -it had the word "stimulus" in it too! Well this one is the exact same "stimulus" -right down to the penny per year. Last one was over a two year period with zero results. This one is the half the amount over a one year period. And what's in it is the same stuff as the first one -are you seriously expecting a different result then? Really?

In other words this is another massive and useless waste of money -money that NO ONE HAS!

What is it you people just can't grasp here? Our credit was downgraded because of the massive debt our government has racked up -an unsustainable level of debt with a government UNWILLING to stop its spending sprees and get it under control! ANY clue what "unsustainable" means? With Bush that level of spending by a Democrat Congress insured catastrophe but that day was still nearly 3 decades down the road. Under a Democrat President and a Democrat Congress with a super majority, they managed to move that day of catastrophe to just 9 YEARS -and the clock is ticking down on that. In reality this is all proof THEY DON'T GIVE A SHIT they are driving this nation off a cliff. On what possible grounds could Obama pretend THIS time will produce something better with half the amount but doing the exact same thing? Come ON!

Any clue what the Democrats' favorite shell game is? Claiming to have made cuts when in reality they have massively increased spending yet again. Their idea of being responsible is claiming only increasing spending X amount instead of the original amount they wanted is a "cut" when in fact is a spending INCREASE. No different from insisting that if you drive off the cliff at 100 mph instead of the 110 mph that was originally planned is an improvement somehow! Does that change the nature of the impending catastrophe for you? Because it doesn't work for me. Sorry -I'll need something more convincing than a touchy-feely title here to get on board with Obama's LUDICROUS proposed bill. But then -I'm not a liberal so I'm not inclined to favor the superficial over substance anyway.

UNDERSTAND -there are NO cuts in this bill, this bill is NOT paid for and it includes "proposed" cuts that aren't even scheduled to happen until 3 years after Obama is out of office. "Proposed" cuts are nothing but a wish list with zero substance. But what is FAR worse - there are also NO JOBS in it and NO economic stimulus either! This is NOT a bill designed to stimulate the economy whatsoever in ANY way. Come ON honey -you can't be silly enough to believe just because a politician sticks the words "economic stimulus" or "jobs" in the title it is proof it will do so?? It is the IDENTICAL political pay-off to Democrat supporters and their money launderers just like the last one! Which also failed to provide any stimulus to our economy -in case that slid by you without your notice. He is proposing it because this is money intended to go to traditional Democrat supporters and their money launderers and he needs them to get out and vote because his base has sharply dwindled down and become unenthusiastic about him and therefore less likely to even bother voting at all. Chicago-style politics is all this guy knows -so his answer to seeing his poor numbers in the polls and his support among traditional Democrat voters shrinking -IS TO BUY THEM BACK WITH CASH. This "job stimulus" bill will provide no more jobs than the last time. Why do people like you STUPIDLY assume that just because they stick a touchy-feely title to it, it somehow means it will actually DO THAT? Have you seriously not bothered to find out the details of what is IN it? Because THAT is the ONLY thing I care about -seeing as how I'm not quite stupid enough to believe the title tells me everything I need to know about it. Sorry -focusing on the wording of the title doesn't cut it for me and frequently has nothing to do with its real purpose. What if he had named it what it really is? Would you STILL be frothing at the mouth about it if had been PROPERLY called "The Democrat Vote-Buying Act That Is Only Half As Much as The Democrat Payback to Reward Democrat Supporters and Money Launderers Act of 2008"? Oh, entirely at tax payer expense of course. But this bill is nothing but a re-do of the first one and its true purpose is to BUY VOTES. Because back in Chicago this kind of stunt is not only the typical way of rewarding supporters -it is considered an acceptable way to do business. Most other places they call it by the real name -corruption.

Obama has NO problem putting all taxpayers on the hook for this but he proposed it for people like YOU -the useful idiots who will pointlessly froth at the mouth and hyperventilate about how the Republicans are against helping the economy by opposing his USELESS, TOTAL WASTE OF MONEY THAT NO ONE EVEN HAS bill. Apparently you really are quite the Kool-Aid drinker, totally duped into believing Obama's proposal would actually do what the title says based on............WHAT? It will do no such thing and we already know it won't because twice as much for the identical things ALREADY FAILED and led to our credit downgrade! Are you people for real? Obama knows zilch about economics -and none of his advisers know anything about it either. And THIS pathetic bill is PROOF OF THAT! And you might want to know that not only is his proposed spending spree NOT paid for as he claimed, his bill doesn't include a "millionaire's tax" in spite of him calling it that. It proposes an additional FINE on people who make $200,000 and families that make $250,000. And Obama wants to call it the "Buffet tax" after billionaire Warren Buffet -even though no one affected by this is anywhere near the same league as Buffet who will NEVER be affected by this (if it passed). It is a fine intended to throw another roadblock in the way of people TRYING to earn wealth -because successful people just make liberals see red and want to see it punished. They want to see the successful loathed, reviled, despised and they really want to see government confiscate their money as if everyone BUT the person who earned and created that wealth is entitled to it.

I have a hard time believing there are people unable to get this one -but yeah, raising taxes on the segment of the population responsible for more than 85% of all new jobs when the economy is already in bad shape can AND WILL make things WORSE! Which is why Obama did not let those tax cuts expire. But now he has a dwindling base unenthusiastic about coming out to vote for him so he needs to throw them some red meat and he tossed them this stupid, totally USELESS bill - knowing full well it stands ZERO chance of being passed! Not even Congressional Democrats have the stomach for this one and even in the Democrat controlled Senate would NEVER be passed! Its entire purpose is for the useful idiots like you who think if it has a touchy-feely title it is proof of its ...sheer WONDERFULNESS -so you can get yourself all worked up about how mean and evil Republicans are for not wanting to also use nonexistent taxpayer funds for political payoffs like Obama wants.

So for those of you who think the fact keeping the Bush tax cuts didn't lower the unemployment rate (come on -it kept the status quo meaning it was never going to make it better -it was to keep it from getting worse) is somehow "proof" raising taxes on the segment of the population responsible for more than 85% of all new jobs can't possibly make things worse -tell me which part you haven't had enough of yet? 9.2% unemployment not high enough for you yet? 20% unemployment for blacks not high enough for you? 50% unemployment for black teens still not high enough for you? The fact the percentage of Americans now living in poverty has GROWN sharply under Obama and is now higher than it has been in decades STILL not enough for you? (Also some bad news for you -this economy is NOT the result of Bush policies and NOT the result of the across-the-board 3% tax rate reduction. This is now from OBAMA policies and this is what an economy looks like with a viciously anti-business and anti-job President compared to a pro-business and pro-job President. Which is probably why unemployment under Bush averaged 5.2% over his EIGHT YEARS in office -and it is nearly double that under Obama after just three. I'll take the Bush economy over this bullshit any time.)

Then by golly -you just go ahead and demand our government hit the "rich" with higher taxes while also getting all rabid pretending they aren't paying their "fair share". However, having a brain that actually works and possessing critical thinking skills -I have to wonder: If the top 10% of all wage earners are paying 71% of all federal income taxes and 48% of all workers pay no federal income tax at all -exactly who is REALLY not paying their fair share here? Since its the half that pays no federal income tax doing most of the raging claiming the other half still isn't paying their fair share -am I really supposed to find the opinion of those whose money isn't on the line, whose money isn't being wasted by government and who aren't being threatened with having even more of their money confiscated by government - to have any real legitimacy? If your money isn't on the line too, then you should expect me to consider your opinion about what government will and will not do with MY money and how much of MY money I should be willing to forfeit to government - to be increasingly irrelevant frankly.

I've seen the results of an irresponsible government that has gone on an out of control, Democrat wet dream spending spree with no brakes - and THIS is what it looks like. Time for a return to sanity.

 

[Mr.Nick]

I love how progressives believe the opposition to the stimulus is the root cause of it not working.

As if Gods hand struck it down..

The stimulus was passed and appropriated by democrats democratically... Republicans had no say in any of it, yet they get blamed because it was a fail??

I scratch my head and wonder how any dem could ever make such an assertion?

It's almost like progressives manifest their own turths into reality.... Like building an island...

It's odd how people can lie to themselves - it's almost Freudian...

 

[OohPooPahDoo]

It appears as if Republicans are against any attempt to revive the economy

Fed chairman gets letter from GOP leaders: No stimulus - Yahoo! Finance

Wow -another one who thinks just because they use a title for their bill it means it will actually do it.

What bill? The Fed doesn't consider bills shit for brains. Do you even know what the fuck's going on?

Our credit was downgraded because of the massive debt our government has racked up

Our credit hasn't been downgraded moron, Treasuries have soared to their highest prices ever.

 

[bripat9643]

Again, people have money to spend. They just don't spend as much (wisely so). ..

The idea that government can spend your money more wisely than you can doesn't pass the laugh test.

Innovation doesn't happen when everyone is happy, innovation happens when there is a demand for something else - an alternative..

I have never read such profound idiocy in my life. Polio has been around for eons and eons. Do you suppose there was no demand for it before Jonas Salk invented his vaccine? Demand never invented a damn thing. It took men with brains, courage and vision to create every modern conveneince and life saving medical treatment. The vast mass of dolts who represent "demand" only get credit for cashing in when someone else did all the work. This argument is simply an attemp to turn sponges into heroes.

PayPal is an example. It got popular during the last recession. Why? It saved merchants tons of money and that savings was realized in lower prices and expanded products and services.

Oh yeah, merchants never want to save money before the invention of PayPal.

You have to be mentally retarded to believe this swill.

 

[bripat9643]

Untrue, in fact, the exact opposite is true: without increased demand there will be no innovation.

That's idiotic. It's socialist propaganda intended to make taking money from productive people and giving it to parasites as something positive for the economy. No credible theory of economics says paying people to do stuff nobody wants is going to improve the material well being of the country.

You are beyond stupid.

In other words, I scored a bullseye.

 

[8537]

"Demand never invented a damn thing."

^There ya have it folks. Conservatarian economics at its best.

 

[Intense]

"Demand never invented a damn thing."

^There ya have it folks. Conservatarian economics at its best.

Yeah, it does.

 

[The Rabbi]

"Demand never invented a damn thing."

^There ya have it folks. Conservatarian economics at its best.

"Conservatarian" is not a word, idiot.

 

[8537]

"Demand never invented a damn thing."

^There ya have it folks. Conservatarian economics at its best.

"Conservatarian" is not a word, idiot.

It's like Rabbi's little Cottage Industry! Every time he joins in a stupid line of reasoning, he neg reps me and calls me a dumbshit.

I hope you get paid for neg repping, otherwise I'm beginning to think you have a weird obsession.

 

[The Rabbi]

"Demand never invented a damn thing."

^There ya have it folks. Conservatarian economics at its best.

"Conservatarian" is not a word, idiot.

It's like Rabbi's little Cottage Industry! Every time he joins in a stupid line of reasoning, he neg reps me and calls me a dumbshit.

I hope you get paid for neg repping, otherwise I'm beginning to think you have a weird obsession.

You need to be neg repped off this site. You spew ignorant garbage and never acknowledge you are wrong.

 

[8537]

You need to be neg repped off this site. You spew ignorant garbage and never acknowledge you are wrong.

Lol! Here, let's test your hypothesis. You defended a claim that black people were incapable of leading for pages on end. Perhaps you still believe it? Who knows!

On the other hand, there's me admitting I was wrong - earlier today! Here, have a look see:

Ya know what: In an event that quite possibly has never happened, I think I might be wrong! The critical, outrageously important caveat to my previous statement, as far as I can tell from a quick review, is this: A single person or married couple with no children will not receive a larger EITC than the total value of federal income and payroll taxes paid. Those with children can receive a larger credit - maxed out at $5,666 for 2010 I believe.

So a person earning 16,000 would see payroll deductions equal to a few bucks in federal taxes + 122 or so in FICA. If they have no children, those combined totals equal the maximum credit. However, if they have children they could receive more.

My apologies.

It must hurt to be proven wrong every.single.post.

Now shuffle off an neg rep someone else so you can get right back to neg repping me.

 

[xcelerate]

It appears as if Republicans are against any attempt to revive the economy

Fed chairman gets letter from GOP leaders: No stimulus - Yahoo! Finance

Wow -another one who thinks just because they use a title for their bill it means it will actually do it.

What bill? The Fed doesn't consider bills shit for brains. Do you even know what the fuck's going on?

Our credit was downgraded because of the massive debt our government has racked up

Our credit hasn't been downgraded moron, Treasuries have soared to their highest prices ever.

You really need to check your facts before you post something.

S&P downgrades U.S. credit rating - CNN.com

Our credit rating was dropped from AAA to AA+ you can read the article if you want to know why, but the short version is we are spending to much and gaining to little and there is no evidence that the government wants to change that fact.