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I'm not seeing how Bush's tax cut is targetted at the middle class
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"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan Robinson -
I am inclined to disagree with that, I think cutting taxes is the best way.Originally posted by Lawrence of Arabia
Who said anything about increasing taxes? I certainly didnt. There are better ways to stimulate the economy.
Victor, that is your opinion. But I believe it is.For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)Comment
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Giving any tax cuts to the rich won't do much of anything to help this economy.Originally posted by Fez
I also claim targeting the middle class with a tax cut. But I also want the rich to receive some benefits too as they pay the most taxes.
If anything, these stupid dividend cuts will only create a fake economic bubble. I think tax cuts are needed, but should be aimed at consumers. Consumers spend, economy does better, business profits, creates jobs. How many jobs will be created if business gets money without an increase in consumer spending? NONE!!! Business doesn't expand if it isn't profiting. It isn't profiting if consumers aren't spending. And consumers can't spend when 2.6 million have lost jobs and are losing retirements.To us, it is the BEAST.Comment
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Sava:
Do you just complain? Is that your job here? You are starting to piss me off..
I had it.. I am going to play Vietcong.. see you all later.For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)Comment
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Everyone making under 30,000 should not pay any income taxes. Watch how fast the economy will pick up."Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
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It's not, and I'm trying to get Fez to see the facts of this matter. But his political bias is preventing him from admitting that Bush has sold us a load of crap.Originally posted by Victor Galis
I'm not seeing how Bush's tax cut is targetted at the middle class
What's pissing you off Fez? If you don't want to see complaints, don't come into a thread dedicated to the economy. WHICH IS SH!TTY RIGHT NOW.Sava: Do you just complain? Is that your job here? You are starting to piss me off..To us, it is the BEAST.Comment
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Bush has sold nobody a load of crap, sava. You got your facts skewed. I suggest understanding the reality.
The economy is ****ty? Since when? It is clearly showing signs of a good recovery.For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)Comment
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Here are some graphs for you Fez... digest... and I won't blame you for thinking Bush is an idiot. Sorry for the embarassment, but in your case, if you realize the truth, you might change. But I doubt it.Originally posted by Fez
Bush has sold nobody a load of crap, sava. You got your facts skewed. I suggest understanding the reality.
The economy is ****ty? Since when? It is clearly showing signs of a good recovery.Attached FilesTo us, it is the BEAST.Comment
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So far though the 'recovery' has not led to a fall in unemployment rates though."The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan RobinsonComment
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Nice charts.. they mean nothing. The President doesn't direct the economy. The investors do. Nice try sava. It just doesn't work. You also forgot to mention the unemployment rate has not been over 6%, making this one of the mildest "recessions" ever.
Bush is no idiot, and a whole lot smarter than you.For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)Comment
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Care to enlighten us on your thoughts on economic policy? Government spending, interest rates, and deficits; greatly affect the economy. I'll be waiting for you to educate us to the contrary.The President doesn't direct the economy.
To us, it is the BEAST.Comment
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True on those points. Let me reword my statement. The main driving factor behind the US economy is the private sector.Originally posted by Sava
Care to enlighten us on your thoughts on economic policy? Government spending, interest rates, and deficits; greatly affect the economy. I'll be waiting for you to educate us to the contrary.
Also there is something called the economic cycle.. it is several years of expansion and several years of cooling off. Right now the US is in the final periods of the cooling off period. This is normal. It happens after a great many years of expansion. The 90s were like this.. long term economic expansion and then in 2000, the cooling off period began. Sometimes there can be a recession, but whatever recession there was this time it was extremely mild.For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)Comment
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-But he can take credit when things go well rightThe President doesn't direct the economy.
"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan RobinsonComment
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Yes.. that is what Clinton tries to do...Originally posted by Victor Galis
-But he can take credit when things go well right
For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)Comment
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Let me ask then... for the record... do you think Bush's tax cuts will improve the economy?Originally posted by Fez
Let me reword my statement. The main driving factor behind the US economy is the private sector.To us, it is the BEAST.Comment
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