THE economic stimulus thread

[Kidlicious]

If I don't get a rebate check it's Bush's fault. And it's going to cause a recession too. That's BS. Why do Rebugs like recessions?

[Zkribbler]

Re: THE economic stimulus thread

Originally posted by Kidicious
If I don't get a rebate check it's Bush's fault. And it's going to cause a recession too. That's BS. Why do Rebugs like recessions?

You will get a rebate. It will be for $4.00.

Bill Gates will get a rebate. It will be for $400,000,000. He will use it to buy out some flegling software company that he believes threatens Microsoft's monopoly. Then he'll then close its doors and lay off its employees.

Economic stimulus, my sweet tookus.

[OneFootInTheGrave]

Why be so negative?

Originally posted by Zkribbler


You will get a rebate. It will be for $4.00.

Bill Gates will get a rebate. It will be for $400,000,000. He will use it to buy out some flegling software company that he believes threatens Microsoft's monopoly. Then he'll then close its doors and lay off its employees.

Economic stimulus, my sweet tookus.

whoever got 400 mil, well being American, will eat a lot more McDonalds, and 400mil can buy a lot of burgers, so McDonalds staff will need to increase, and those laid off software engineers can find new jobs easy, no problem, economy = stimulated, everyone still has jobs, and burgers are selling as never before; all = teh win

[Kidlicious]

I have to disagree. Bill Gates has all the money he needs already for buying companies. So he won't do anything at all with his money but look at it and do nasty things to it.

[Flubber]

Originally posted by Kidicious
I have to disagree. Bill Gates has all the money he needs already for buying companies. So he won't do anything at all with his money but look at it and do nasty things to it.

why the hate on for Gates? AS capitalist oppressors go, isn't he known for giving a lot of it away ( I know I know -- it wasn't or should not have been Gates money to beging with since he opressed other people to get it etc etc)

[Zkribbler]

Because he runs a monopoly. He has needlessly and ruthlessly driven many good companies out of business.

Microsoft invented the concept of "vaporware," i.e. promising that certain software will soon be appearing as part of the next generation of the Window's operating system. After sales of any potentially competing software collapsed and the manufacturers driven out of business--surprise--Windows would not come out with that software.

[Riesstiu IV]

To stimulate the economy one needs to be skilled in the forms of monetary foreplay.

[Kidlicious]

Originally posted by Flubber


why the hate on for Gates? AS capitalist oppressors go, isn't he known for giving a lot of it away ( I know I know -- it wasn't or should not have been Gates money to beging with since he opressed other people to get it etc etc)

I don't hate Bill. I state only objective facts.

[Arrian]

Gates gives a ****load of money to charities. Of course, he has a ****load of money to give. I doubt that, if presented with $400 mil, he'd just "look at it."

Having said that, what rebate check are you talking about?

-Arrian

[Kidlicious]

Originally posted by Arrian
Gates gives a ****load of money to charities. Of course, he has a ****load of money to give. I doubt that, if presented with $400 mil, he'd just "look at it."

Having said that, what rebate check are you talking about?

-Arrian

It's like if you found a nickle on the ground. Would you spend one more nickle than you otherwise would? I doubt it. You would just look at it.

And watch the news more often.

That is all.

[Arrian]

It's true, I often ignore the news (so much of it is crap).

If I found some money, I'd probably save it. Not directly... I'd spent it instead of taking more money out of the bank. So more money stays in the bank = more savings. Said savings, of course, is used by the bank to lend to others. Or invested by me in stocks and whatnot.

All of which has economic impact.

-Arrian

[Kidlicious]

Arrian,

So you pick pennies off the ground and start planning what to do with them? Seriously, do you not understand my point. A tax rebate for Bill Gates will have no impact what so ever.

[Arrian]

No, I don't. What I'm saying is that if I picked upa quarter and stuck it in my wallet, the next time I needed a quarter (vending machine purchase, perhaps?) I'd have it, and wouldn't need to use, say, a dollar bill. That dollar bill, in turn, gets to stay in my wallet for some other use. In turn, don't need to take money out of the bank as soon as I otherwise might.

Obviously, taking this down to pennies makes it rather silly. I'd probably end up dropping the pennies in the change thingy at a convenience store or including them with some other change in a tip jar at the Chinese takeout.

Anyway, in terms of injecting money into the retail economy, I agree with you. Bill Gates isn't going to go out and buy a new car because he got a tax break. He might, on the other hand, give a chunk of it to starving kids in Africa, but that doesn't really do anything for the US economy

-Arrian

[Arrian]

In the end, I agree with those who think the stimulus package should be aimed at the poorest people, because, even setting aside charitable impulses, the idea is to get people to spend and jumpstart the economy, and the poorest people probably have lots of stuff they would buy if they had some extra money, whereas less poor folks might not spend it (oh noes! saving!).

Unless I'm misreading the news articles, though, I don't think anyone is proposing a rebate for Bill Gates.

-Arrian

[LordShiva]

Teh stimulus package should give all $140 billion to me. I'll know what to do with it.