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Subject:
IF THE JFK-LIKE TAX-CUT IS A GOP DEATH-WISH, why isn't Daschell saying JUMP JUMP
Category: Relationships and Society > Politics Asked by: toughlover-ga List Price: $2.00 |
Posted:
18 May 2003 22:02 PDT
Expires: 17 Jun 2003 22:02 PDT Question ID: 205705 |
Would this not get the DEMS back into the Whitehouse much quicker. Could it be that they know that it will work? Why are my fellow Democrats just stifling their conscience to this truth? "A conscience is a terrible thing to stifle" Which jackass worries about deficit when the economy is tanking? It is the weak economy and spending that causes deficits. And it's overtaxing that bust the economy. I have not heard this idea discussed, but I submit that surpluss may be a harbinger of a busted economy. The idiots boasted about a surpluss with a weakining economy. My humble mind tells me that there should never be a surplus. A surplus means that the government took too much from the economy. If we have a surpluss despite the wanton spending spree that government indulge in then you know they really wacked the economy. By the way nothing else will drive down the deficit as fast as a tax cut. Raising taxes could do it, but that would require taking even more from the economy and since tax comes from the economy the surplus would last as long as a snowball in hell. No spending would do it also but that would last less than that snobsll. and Usama and the French would take the economy and the land. That leaves tax-cuts. But it must be substantial, it can't be trickle-cuts or we will experience what is known as the BOILED-FROG effect. The boiled frog effect is as follows: if you put a frog into a pot of cold water and turn up the heat slowly the will stay in and boil to death. But if you were to bring the water to a boil first then through the frog into the pot, he would immediately jump out. Same with the economy, if you implement small tax cuts over an extended period of time then the economy will not jump out of its quagmire, but will just smuther and die like the grog. Daschell is aware of this, that is why the DEMS restrict the cuts to the lowest they can get away with. Good for the party, bad for the country. Shame Shame. And I am a DEM! |
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There is no answer at this time. |
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Subject:
Re: IF THE JFK-LIKE TAX-CUT IS A GOP DEATH-WISH, why isn't Daschell saying JUMP JUMP
From: neilzero-ga on 19 May 2003 03:12 PDT |
Snipe at government agrees with you and gave very convincing arguments (about two hours ago)to support your views. Go to www.abuzz.com. Click on snipe at government to read snipe's profile and older posts. He majored in economics in college and is a Libertarian = liberty = freedom = lots less government = eliminate the income tax and replace it with nothing. Neil |
Subject:
Re: IF THE JFK-LIKE TAX-CUT IS A GOP DEATH-WISH, why isn't Daschell saying JUMP JUMP
From: slynne-ga on 19 May 2003 07:09 PDT |
I majored in economics in college and I dont agree with you for many reasons: 1) While I agree with the theory that one can influence the economy with fiscal policy, that doesnt necessarily mean running a defecit. It is the increase in Government spending that helps the economy, not the defecit. The idea that if there is a surplus, it means the government is "taking too much out of it" is just a bit myopic. It is normal for there to be peaks and valleys in the economy. Instability is very bad for the economy. Monetary (like what the Fed does) and fiscal (like what dubya does) policy can be used to keep things on a more even keel. If the government runs a surplus during the good times, they will have the money to increase spending during the bad times. The defecit is harmful in the long run for the same reason it would be bad for you to run up thousands of dollars on your credit cards. All debt must eventually be paid back or defaulted on. 2) A tax cut can stimulate the economy. However, GWB's proposed tax cut probably will not. Consider the major things that influence output (Consumer spending, capital investment spending, government spending and net exports). The Bush tax cut which puts lots of money into the hands of the reletively wealthy certainly will not have a positive impact on consumer spending. The wealthy as a group are the least likely to go out and spend money they get back in the form of a tax cut. They are most likely to save it. It also will not increase capital investment spending. It may make more money available for this but that will not necessarily mean that businesses will be motivated to build new infrastructure. Most firms are running at below capacity right now. It doesnt matter how low the interest rates go or how much money they have for investing, they wont invest unless they need to. No one is going to spend money to increase their factory's output from 1000 widgets to 1500 widgets when they are only able to sell 800 widgets. Government spending might be something that could help the economy (although there is some debate on this). FDR's "new deal" was an attempt to do this. However, for the spending to have the most good, it should be money spent on infrastructure that can help businesses thrive in the United States. IMHO, spending money war mongering in Iraq isnt going to be the kind of government spending that is going to help the US economy. |
Subject:
Re: IF THE JFK-LIKE TAX-CUT IS A GOP DEATH-WISH, why isn't Daschell saying JUMP JUMP
From: toughlover-ga on 02 Jun 2003 01:03 PDT |
Ok Sir Slynne, your turn. First of all, please tell us what exactly your majoring in economics tought you, that GW's Doctorates of economics failed to teach them? Dont pontificate, illostrate. It is not enough to refute, you must confute. Your having majored in eco. tells you that tax increases don't Cause nor tend to cause down-turns? Fess up, are you hearing voices? What proof can you give? You use language like not necessarily. Who the hell cares about necessarily. The only thing that happens necessarily is the appearance of the sun. If the economy can turn because of the sapping of funds viatoo much taxes, it will, says Murphy's Law. Next you talked about "normal" cycling of the economy. I submit that the cycle is only thought of as normal because the experts have not been able to detect the cause. Stupid physisins say something similar when they cant find the cause of an ailment. The swan-song is: it the normal process of growing old. Yet everyone know ten other people the same age who is perfectly healthy. Or "obnormal" according to their stupid logic. If your heart fibrulates from the time you werw born, would it be normal because your doctors have not found the cause? If the economy blosommed after JFK cut and tanked after taxes was again raised, then blosommed again after Reagan cut, then stuttered again after Bush-1 was forced to increase, and tanked after Bill's mega hike then you will need to do more than pontificate about your major to convince anyone that that pattern does not indicate cause and realation. Then you use stupid language like "GW's tax cut will probbly not..." Is that the kind of wisdom majoring in Ec. afford you. If you go to school for this and the best you can do is "probbly" then what good is your schooling? and if you can't be sure then shut the "expletive" up and let the man who is willing to put his job on the line to prove his notion, do his best. Here is what my major in common sense tells me: if there has never been an instance when a tax increase has resulted in an improved economy, then one would have to be either stupid or venal to hike tax and expect a different outcome. Your solution is for gov to spend on infrastructure, well this is not a bad idea; however, it would not come about quickly enough as legislators would need time to fight over which state should get how much. secondly, government has the worst reputation of wasting money on ten thousand dollar hammers and the like. You say deficit is bad, so what's new? That is like saying that negative amortization is bad. Neg arm is great for investors. Deficit is the lesser of two evils. Deficits come about by over-spending after over-taxing, but a worse evil is recession... |
Subject:
Re: IF THE JFK-LIKE TAX-CUT IS A GOP DEATH-WISH, why isn't Daschell saying JUMP JUMP
From: toughlover-ga on 16 Jun 2003 00:52 PDT |
NeilZero, I'll accept your comment as an answer, if you re-submit it as such, I'll make you a star yet. Not to mention the whopping buck & a half in unmarked bills:) |
Subject:
Re: IF THE JFK-LIKE TAX-CUT IS A GOP DEATH-WISH, why isn't Daschell saying JUMP JUMP
From: pinkfreud-ga on 16 Jun 2003 06:33 PDT |
Toughlover, Neilzero is not a Google Answers Researcher, and cannot post an official answer. The way to tell a Researcher from a non-Researcher is to note whether a username is highlighted and "clickable." Researchers' names are highlighted in blue, and clicking the name will take you to that Researcher's profile. |
Subject:
Re: IF THE JFK-LIKE TAX-CUT IS A GOP DEATH-WISH, why isn't Daschell saying JUMP JUMP
From: toughlover-ga on 16 Jun 2003 12:49 PDT |
Thanks El Pinko, lets pitition google to rate and tip commentators. Of course you would have to be a "Tough Lover", to root for something that might be less than beneficial to your status:):):) PS lets root for a spell checker also. |
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