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Originally posted by DanS
Have you even taken a look at the president's plan, and how much $ goes to each element?
Have you even taken a look at the president's plan, and how much $ goes to each element?
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No, I haven't. Just what I saw on the evening news."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran Siddiqui -
Can you clarify this Gepap? Are you talking about tax accounting jobs?Originally posted by GePap
DanS:
I prefer the services that that tax income provides"When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran SiddiquiComment
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Just what I saw on the evening news.
Then inform yourself.
And wrt to wage growth, you know full well that the last decade has had healthy wage gains for all involved, even those at the low end, and that this growth has continued in Bush II.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I will do so immediately. It's the resposible thing to do, but I'm not expecting to be impressed by the details.Originally posted by DanS
Just what I saw on the evening news.
Then inform yourself.
Wages have done better in the last decade, but I wouldn't go braging about it. You are comparing it to the 80s and 70s when they were horrible. btw, why do you think wages have gone up recently.Originally posted by DanS
And wrt to wage growth, you know full well that the last decade has had healthy wage gains for all involved, even those at the low end, and that this growth has continued in Bush II.
edit: changed 90s to 70s in second to last sentence. Sorry for the error."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran SiddiquiComment
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DanS, you continue to ignore the fact that these "healthy wage gains" only occured after a decade of declines, and that the overall picture hasn't really improved since 1980.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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The wage gains you are refering to are taking from the average of all income. Take out the top 1% and do the average an I'm sure you'll find a very negligible wage growth. Translation: rich get richer...To us, it is the BEAST.Comment
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Maybe you can tell me way I can't find the budget in plain terms on his web page. Only BS about how it helps everyone."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran SiddiquiComment
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Ok DanS, I read what the office of the president says about the proposed budget. What a load of crap! Well at least I won't have to ask you what crap is in there. What did you expect me to see there? He's cutting taxes for the rich. He says it's going to improve propuctivity. It's supply side, trickle down BS. I've heard it before. Big problems with it this time; the current economic problems are caused by over supply and a lack of emerging industries. It's soooooo stupid!"When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran SiddiquiComment
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The wage gains you are refering to are taking from the average of all income.
Nope. They are not.
DK: About 1/2 of it is the capital tax eliminations that you just supported on the previous page. The other 1/2 is divided between demand-side stimulus and supply-side stimulus. IOW, you've got problems with only about 1/4 the plan.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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What are you calling demand side stimulus? The tax cuts? I don't expect those to stimulate demand much.Originally posted by DanS
The wage gains you are refering to are taking from the average of all income.
Nope. They are not.
DK: About 1/2 of it is the capital tax eliminations that you just supported on the previous page. The other 1/2 is divided between demand-side stimulus and supply-side stimulus. IOW, you've got problems with only about 1/4 the plan."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran SiddiquiComment
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Add'l unemployment benefits and moving up the tax cuts. And yes, those will stimulate demand this year. About .6% of the economy.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I think the additional spending is thrown in to make it look good, but it is something. It certainly wont be enough we go back into a recession. An increase in unemployment benefits will protect a little.Originally posted by DanS
Add'l unemployment benefits and moving up the tax cuts. And yes, those will stimulate demand this year. About .6% of the economy.
I still didn't find the speicific details on it, so I can't really say."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran SiddiquiComment
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With a 0.7% in your economy recently, I'd hardly say you're out of the recession. Things could very easily dip in to negative growth again, and it doesn't sound to me like Bush has any real plan that will actually improve the situation.Originally posted by Shi Huangdi
1. End of Recession
Maybe if the American people weren't so concerned about Bush's upcoming war, they might actually go out and spend money again. It's a little difficult thinking about buying that luxury you've always wanted if you're worried whether your son or daughter will come home in a body bag. Or wondering if there will be a reprisal terrorist attack.
Yep, Dubya sure knows how to run a country!Comment
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Is it our fault he's such an easy target?Originally posted by cavebear
Before I get involved in this thread any deeper, is it to be a Bush-bashing (quite alright with me, but a bit repetitive)...
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Willem,
I have to disagree with you there. Bush appear confident and determined to do something about the economy. This tends to help. The worst thing he could do is to get on TV and tell the American people that if they didn't start spending money we were going to go into a recession. Even if his policies are bad, its good if the American people believe in them."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran SiddiquiComment
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