popsjumper 2 #51 September 16, 2011 Quote Tax cuts=(more money for businesses to spend to expand and hire=more people employed=more people paying taxes=more revenue flowing into the government)-(lower government spending)= Gretar prosperity and a lower deicit. Ah yes. give them everything and the one percenters will trickle on the unwashed masses. How come none of them have been doing that?Uncanny how many people actually believe that...and swear by it. Propaganda works! Begeezuz, people. The ONLY way to reduce deficit is to quit spending more than you take in....regardless of how much you take in. Ahhhh...but that would also mean eating less pork at the trough of the goobermint's cash cow. (Pork - cows? Yeah, I see it. ) It's amazing to me how things change. At one time many people opposed the Viet Nam war. We saw that fallacy of it and finally unhooked ourselves from it. These days, the same type of conflict is being glorified and supported by massive amounts of tax dollars and people wave flags and throw more money at it. Fell into the same political trap. History repeats itself because we are too stupid to learn from past mistakes. Political Mad Skills anyone? Americans are such gullible people. It's no wonder others look at us with such amazed disbelief.My reality and yours are quite different. I think we're all Bozos on this bus. Falcon5232, SCS8170, SCSA353, POPS9398, DS239 Quote Share this post Link to post Share on other sites
dreamdancer 0 #52 September 16, 2011 this is the market that strangely allocated more and more resources to the rich until they were so bloated that they crashed the rest of the economy...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
Gravitymaster 0 #53 September 16, 2011 Quote What kind of economy did bush come into office with? Now what about Obama? Obama still has another possible six years to turn it around. Compare Bush with any other President besides someone who is still in office. So what your saying in a round about way is, thank god for Obama, now bush is not the worse in history. Or we could say that Bush was a better President than Obama. But I'm sure you wouln't be willing to admit that. At least not yet. Quote Share this post Link to post Share on other sites
StreetScooby 5 #54 September 16, 2011 Quote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents.We are all engines of karma Quote Share this post Link to post Share on other sites
Gravitymaster 0 #55 September 16, 2011 QuoteQuote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. Quote Share this post Link to post Share on other sites
jclalor 12 #56 September 16, 2011 QuoteQuoteQuoteQuote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. You still fail to grasp my basic premise, Cutting taxes on the wealthy did not and does not create jobs. It did not work under Bush, it's not working for Obama. We are now told that of course there are no jobs, you have to cut federal regulations. Quote Share this post Link to post Share on other sites
airdvr 200 #57 September 16, 2011 Quote Quote Quote Quote Quote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. You still fail to grasp my basic premise, Cutting taxes on the wealthy did not and does not create jobs. It did not work under Bush, it's not working for Obama. We are now told that of course there are no jobs, you have to cut federal regulations. One thing you guys on the left don't understand about economics...mood. Now we have Barry. No telling what he's going to do next. While he should have been focused on jobs he rattled the entire country with Obamacare. While he should have been focused on jobs he pissed away $750 billion to unions and government workers expecting that would solve the problem. My point is there is no stability to his actions. He is not a leader and alot of people have no faith in him. Now he wants to try Stimulus 2.0. It puts the movers and shakers in this country in an uncertain mood.Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
billvon 2,433 #58 September 16, 2011 >Raising taxes puts less money into the economy which means consumers >have less to spend. And cutting government spending means cutting government jobs, which means less money into the economy, which means consumers have less to spend. That means the economy can't recover and you never get those revenues back. That's also an easy trap to fall into. Like I said, there are no easy answers. The only real answers are painful, so painful that neither side will acknowledge that they exist. >Remember, we got into this mess largely by government backed >housing loans. That's as accurate as saying as "we got into this mess largely by the Bush tax cuts." Both were factors; neither were even 50% of the reason. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #59 September 16, 2011 QuoteQuoteQuoteQuoteQuote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. You still fail to grasp my basic premise, Cutting taxes on the wealthy did not and does not create jobs. It did not work under Bush, it's not working for Obama. We are now told that of course there are no jobs, you have to cut federal regulations. If only economics and Presidential Power were only as simple as you seem to think it is. Quote Share this post Link to post Share on other sites
kallend 1,647 #60 September 16, 2011 QuoteQuoteQuoteQuoteQuoteQuote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. You still fail to grasp my basic premise, Cutting taxes on the wealthy did not and does not create jobs. It did not work under Bush, it's not working for Obama. We are now told that of course there are no jobs, you have to cut federal regulations. If only economics and Presidential Power were only as simple as you seem to think it is. Lame. You can't dispute his point.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #61 September 16, 2011 QuoteQuoteQuoteQuoteQuoteQuoteQuote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. You still fail to grasp my basic premise, Cutting taxes on the wealthy did not and does not create jobs. It did not work under Bush, it's not working for Obama. We are now told that of course there are no jobs, you have to cut federal regulations. If only economics and Presidential Power were only as simple as you seem to think it is. Lame. You can't dispute his point. So apparently you think it's that simple too. Tax cuts alone don't work unless spending is also reduced. What part of that is confusing you the most? Quote Share this post Link to post Share on other sites
billvon 2,433 #62 September 16, 2011 >Tax cuts alone don't work unless spending is also reduced. Spending reduces jobs. That's the most immediate effect. People who once had government jobs are fired. In the long term, it may well have a beneficial effect overall by streamlining the economy, reducing taxation etc etc. But "reducing spending creates jobs" is not only overly simplistic, it's wrong in the short term. Quote Share this post Link to post Share on other sites
kallend 1,647 #63 September 16, 2011 QuoteQuoteQuoteQuoteQuoteQuoteQuoteQuote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. You still fail to grasp my basic premise, Cutting taxes on the wealthy did not and does not create jobs. It did not work under Bush, it's not working for Obama. We are now told that of course there are no jobs, you have to cut federal regulations. If only economics and Presidential Power were only as simple as you seem to think it is. Lame. You can't dispute his point. So apparently you think it's that simple too. Tax cuts alone don't work unless spending is also reduced. What part of that is confusing you the most? You ASS-ume too much about what I think. His point is that the GOP sold us tax cuts for the rich on the pretext that they would boost the economy, and yet the economy is worse.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
freethefly 6 #64 September 16, 2011 QuoteTax cuts alone don't work unless spending is also reduced. If I were to cut the amount I bring in by, let's say, 50%, and then reduce the amount I spend by, let's say, the same. I would be no better off than I were. But if I were to reduce the amount I spend and increased the amount I brought in, well now, I would be doing great. Cutting down the flow of cash in while reducing the flow of cash out only serves to lengthen the time before you hit the bottom."...And once you're gone, you can't come back When you're out of the blue and into the black." Neil Young Quote Share this post Link to post Share on other sites
jclalor 12 #65 September 16, 2011 In the 8 years under Bush, the stock market lost 19% Under Obama it's up over 30% Corporate profits last year were the highest ever and yet we are told they are not making enough money to create jobs with out a tax cut. What planet are you from. You do realize their have been revolutions over a lot less in wealth transfers through out the ages. You have a very convincing argument until it comes to the facts. What was it that Bush said 'full me twice shame on me, full me once... Quote Share this post Link to post Share on other sites
Gravitymaster 0 #66 September 16, 2011 QuoteIn the 8 years under Bush, the stock market lost 19% Under Obama it's up over 30% Corporate profits last year were the highest ever and yet we are told they are not making enough money to create jobs with out a tax cut. What planet are you from. You do realize their have been revolutions over a lot less in wealth transfers through out the ages. You have a very convincing argument until it comes to the facts. What was it that Bush said 'full me twice shame on me, full me once... So now you are claiming tax cuts affected the stock market? Did you ever hear of an event called 9-11 that caused the stock marke to crash? WOW!!! You guys really have short and selective memories. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #67 September 17, 2011 Quote Quote Quote Quote Quote Quote Quote Quote Quote Or we could say that Bush was a better President than Obama. Comparing the two isn't really worth while. They're both bad presidents. I agree, but contrasting Obama and Bush doesn't make Obama look as bad. You still fail to grasp my basic premise, Cutting taxes on the wealthy did not and does not create jobs. It did not work under Bush, it's not working for Obama. We are now told that of course there are no jobs, you have to cut federal regulations. If only economics and Presidential Power were only as simple as you seem to think it is. Lame. You can't dispute his point. So apparently you think it's that simple too. Tax cuts alone don't work unless spending is also reduced. What part of that is confusing you the most? You ASS-ume too much about what I think. His point is that the GOP sold us tax cuts for the rich on the pretext that they would boost the economy, and yet the economy is worse. Do you have any idea of how many jobs would have been lost WITHOUT the Bush Tax Cuts? Quote Share this post Link to post Share on other sites
jclalor 12 #68 September 17, 2011 QuoteQuoteQuoteIn the 8 years under Bush, the stock market lost 19% Under Obama it's up over 30% Corporate profits last year were the highest ever and yet we are told they are not making enough money to create jobs with out a tax cut. What planet are you from. You do realize their have been revolutions over a lot less in wealth transfers through out the ages. You have a very convincing argument until it comes to the facts. What was it that Bush said 'full me twice shame on me, full me once... So now you are claiming tax cuts affected the stock market? Did you ever hear of an event called 9-11 that caused the stock marke to crash? WOW!!! You guys really have short and selective memories. I never claimed the tax cuts affected the market. Just what a shitty job Bush did. 911 happened less than a year into his first term, What happened to the next 7 years? do you recall what happened to the market during the last year for Bush? What has the market done for Obama? You have no numbers that support your argument. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #69 September 17, 2011 QuoteQuoteQuoteQuoteIn the 8 years under Bush, the stock market lost 19% Under Obama it's up over 30% Corporate profits last year were the highest ever and yet we are told they are not making enough money to create jobs with out a tax cut. What planet are you from. You do realize their have been revolutions over a lot less in wealth transfers through out the ages. You have a very convincing argument until it comes to the facts. What was it that Bush said 'full me twice shame on me, full me once... So now you are claiming tax cuts affected the stock market? Did you ever hear of an event called 9-11 that caused the stock marke to crash? WOW!!! You guys really have short and selective memories. I never claimed the tax cuts affected the market. Just what a shitty job Bush did. 911 happened less than a year into his first term, What happened to the next 7 years? do you recall what happened to the market during the last year for Bush? What has the market done for Obama? You have no numbers that support your argument. Well, I think economies and external factors that affect them are a little more complex than "Bush cut taxes and it didn't work, so Bush is a boogerhead". Quote Share this post Link to post Share on other sites
billvon 2,433 #70 September 17, 2011 >So now you are claiming tax cuts affected the stock market? (followed by) >Do you have any idea of how many jobs would have been lost WITHOUT >the Bush Tax Cuts? You're a funny guy! Quote Share this post Link to post Share on other sites
dreamdancer 0 #71 September 17, 2011 QuoteSpain today became the latest European country to hike taxes on the wealthy, with a new asset-based tax targeting the country's richest people. Spain's socialist government hopes that the new wealth tax will raise up to €1bn in a country where growth is grinding to a halt and this year's 6% deficit target looks increasingly tough to meet. The move represents a U-turn for prime minister José Luis Rodríguez Zapatero, who abolished a similar wealth tax in 2008 — just before the country plunged towards recession. "The economic crisis makes it necessary to bring this tax back, applying principles of fairness so that those with bigger assets can be taxed and so those who have greater wealth can contribute more to getting the country out of the crisis," a finance ministry statement said. Spaniards with €700,000 of assets in real estate – excluding their main home – as well as in stocks and bank deposit will have to pay the new tax. http://www.guardian.co.uk/business/2011/sep/16/spain-raises-tax-on-richstay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
marks2065 0 #72 September 17, 2011 Quote>So now you are claiming tax cuts affected the stock market? (followed by) >Do you have any idea of how many jobs would have been lost WITHOUT >the Bush Tax Cuts? You're a funny guy! to bad you didn't say that when Obama said "jobs saved" in his report Quote Share this post Link to post Share on other sites
