This is tax policy brilliance

[Lucky... 0]

http://news.yahoo.com/s/ap/20100909/ap_on_bi_ge/us_obama

Obama rolled out a trio of new plans to help spur job growth and invigorate the sluggish national economic recovery. They would:

- expand and permanently extend a research and development tax credit that lapsed in 2009, allow businesses to write off 100 percent of their investments in equipment and plants through 2011


- and pump $50 billion into highway, rail, airport and other infrastructure projects.


- Allow tax cuts to expire on the richest Americans


So now the brainless drones will try to tell us how tax cuts stimulate the economy in spite of teh fact that everytime they lower them things go to hell: http://en.wikipedia.org/wiki/Income_tax_in_the_United_States and they can't produce 1 major fed tax cut that has fixed a thing.

[happythoughts 0]

A while back, people used a term "pork barrel politics".

It involved handing out money without too much scrutiny
and it invariably supported the pet projects of political supporters.

Now it is called "stimulus". You take hundreds of billions
and just pass it around.

[airdvr 210]

Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Please don't dent the planet.

Destinations by Roxanne

[happythoughts 0]

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Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Road building, bridges, and trains.

I'm thinking that by November, the construction industry and unions will be providing a lot of political support.

[Lucky... 0]

Quote

A while back, people used a term "pork barrel politics".

It involved handing out money without too much scrutiny
and it invariably supported the pet projects of political supporters.

Now it is called "stimulus". You take hundreds of billions
and just pass it around.

Of course we could always consider military spending in teh same light, as it is corporate welfare.

BTW, how was the GD recovery? Any stimulus? No, just 10 years of recovery. So now you enjoy a quick recovery on the credit card, many brainless repubtards got the 8k home buy gift and they still denounce stimulus.

[Lucky... 0]

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Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Failed misserably? I could post the GDP, unemp and DJIA data once again, but you would just ignore it and then claim victory. Amazing how the lower party that got us here is claiming innocence. If you can't address data, the intelligent thing is to avoid teh issue.

[Lucky... 0]

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Quote

Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Road building, bridges, and trains.

I'm thinking that by November, the construction industry and unions will be providing a lot of political support.

And hopefully remebering who got us here.

Will the mere geniuses ever understand Hoovernomics? Will they understand that even Hoover was smart enought o raise taxes 260% from 25% top brkt ro 63% and then recovery started?

[rushmc 23]

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A while back, people used a term "pork barrel politics".

It involved handing out money without too much scrutiny
and it invariably supported the pet projects of political supporters.

Now it is called "stimulus". You take hundreds of billions
and just pass it around.

Of course we could always consider military spending in teh same light, as it is corporate welfare.

BTW, how was the GD recovery? Any stimulus? No, just 10 years of recovery. So now you enjoy a quick recovery on the credit card, many brainless repubtards got the 8k home buy gift and they still denounce stimulus.

Considering it took the US 8 years longer than the rest of the world is great evidence to that which you support

By the way, not working today?

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[rushmc 23]

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Quote

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Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Road building, bridges, and trains.

I'm thinking that by November, the construction industry and unions will be providing a lot of political support.

And hopefully remebering who got us here.

The polls clearly show that they do!!!

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[airdvr 210]

Quote

Quote

Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Failed misserably? I could post the GDP, unemp and DJIA data once again, but you would just ignore it and then claim victory. Amazing how the lower party that got us here is claiming innocence. If you can't address data, the intelligent thing is to avoid teh issue.

I wouldn't waste my time with you Lucky. You already have all of the answers. Except why your boy Barry is talking tax cuts when you hate them...oops. Maybe you don't have all of the answers, or maybe Barry doesn't have all of the answers. Or maybe you both don't have ....you get thie picture...or maybe not.

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Obama argued that the rich are more likely to save additional money than spend it. And he said the struggling U.S. economy can't afford to spend $700 billion to keep lower tax rates in place for the nation's highest earners.

That $700 billion is what the nonpartisan congressional Joint Committee on Taxation estimates it would cost the Treasury to continue tax cuts for top earners over 10 years. What Obama wants to do would cost just over $3 trillion over the same period, the panel estimates.

Brilliant...just brilliant. Pay no attention to that man behind the curtain. Focus on the 700 billion. Don't worry about that 3 trillion over there.

Please don't dent the planet.

Destinations by Roxanne

[kelpdiver 2]

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By the way, not working today?

snort.

well, at the very least, not working hard.

[skipbelt 0]

have you even taken an economics course ?

[Lucky... 0]

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A while back, people used a term "pork barrel politics".

It involved handing out money without too much scrutiny
and it invariably supported the pet projects of political supporters.

Now it is called "stimulus". You take hundreds of billions
and just pass it around.

Of course we could always consider military spending in teh same light, as it is corporate welfare.

BTW, how was the GD recovery? Any stimulus? No, just 10 years of recovery. So now you enjoy a quick recovery on the credit card, many brainless repubtards got the 8k home buy gift and they still denounce stimulus.

Considering it took the US 8 years longer than the rest of the world is great evidence to that which you support

By the way, not working today?

Wonder why? http://www.fsmitha.com/h2/ch15wd3.htm

Rememebr, the GD started here and was worse here than in Europe, so that little fact may have slipped your guess.

- Sweden's industrial production fell no more than 10 percent from its peak in 1929. And its unemployment rose no higher than 12 percent.

Nevertheless, the relatively hard times in Sweden resulted in a loss of power for the incumbent conservatives. In September 1932 the Social Democrats were elected to power. But Sweden would recover faster. This was the result of both a liberal monetary policy and public spending. A reduction in taxes for the average wage earner gave him more money to spend. A raised minimum wage increased the ability of low-income people to spend money. The government increased investments in public works. Federal money was pumped into unemployment insurance, medical care and old age pensions. The government willingly created a deficit, believing that it was emergency spending that would be paid back after the recovery. And with recovery being rapid and revenues increasing as a result of the rising economy, the deficits were quickly overcome.

SEE, THE VERY THINGS OBAMA IS DOING AND LITTLE OLE YOU ARE PRAISING EUROPE FOR A FASTER RECOVERY; YOIU MUST THEN PRAISE OBAMA FOR DOING THE SAME OR BEING A HYPOCRITE.

- Recovery in Britain slower than Sweden's

The world's economic depression caught the Labour Party running the government, and some folks in Britain blamed Labour Party politicians for their economy's poor performance. Their vote helped to send more Conservatives to parliament, and a new government of national unity was formed -- a coalition of Labour and Conservatives.

The overall result kept Britain's economy from falling as far as did the U.S. and German economies. Britain's economy hit bottom in 1932, and its recovery was slower than Sweden's. In 1935, Britain's industrial output returned to its 1929 level, and its unemployment returned to 10 percent -- twice as high as Sweden's.

So Britain installed more conservatives and utilized those policies and the recovery as slower. Ya, you really make good arguments.



So to summarize, the GD started here, hit us far worse than other countries, yet European nations who didn't realize teh mess we did recovered a little sooner as a rule. The more socialism and liberasl who were in charge meant sooner recovery. Yep, great arguments for me, thank you. Now give me your one-liner response and we'll be good.

Uh, took us 8 years longer? When do you consider the start and stop for the US and for Europe? Me thinks you're not all here.

Not working today?

- http://www.bea.gov/newsreleases/national/gdp/gdp_glance.htm Not fast enough? Not working?

- http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=LNS14000000

Not working? Not fast enough? What would be acceptable?

Finish your arguments for once, IK'm tired of making u look silly.

[Lucky... 0]

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Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Road building, bridges, and trains.

I'm thinking that by November, the construction industry and unions will be providing a lot of political support.

And hopefully remebering who got us here.

The polls clearly show that they do!!!

\
We'll see the polls in Nov, the ones that count. And then again in 2012 as the young vote comes out again due to the Republitards sending some moralist, some dinosaur or some fringe nutjob out there that will rally the kids again.

[Lucky... 0]

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have you even taken an economics course ?

Stats, not economics. So be a good little neo-con and issue an ad hominem or actually be intelligent and post a reason why my ideas are not viable. Also, tell us why Reagan-appointed Greenspan recently said that tax cuts don't pay for themselves.

If you have an arg to make, make it, if your arg is that I don't know what I'm talking about, that is a strawman that AVOIDS HAVVING TO TELL US WHY TAX ALLEGEDLY WORK FOR THE SYSTEM. I don't expect you to address the issue or the data.

[idrankwhat 0]

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have you even taken an economics course ?

We're beyond theory. We're into history now. What you're witnessing, and what we're suffering from, is the result of a quarter of a century long experiment in laissez faire and trickle down economics. We tried it. It didn't work. Capitalism is great. Unchecked capitalism is/was the recipe for disaster.

[mnealtx 0]

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If you have an arg to make, make it, if your arg is that I don't know what I'm talking about, that is a strawman that AVOIDS HAVVING TO TELL US WHY TAX ALLEGEDLY WORK FOR THE SYSTEM. I don't expect you to address the issue or the data.

You have been told, over and over again - we quit trying to talk sense to rhys in the truther threads, why should we keep trying with you when you don't show any more comprehension than he does?

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[mnealtx 0]

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have you even taken an economics course ?

We're beyond theory. We're into history now. What you're witnessing, and what we're suffering from, is the result of a quarter of a century long experiment in laissez faire and trickle down economics. We tried it. It didn't work. Capitalism is great. Unchecked capitalism is/was the recipe for disaster.

Capitalism is great. Unchecked government spending is/was the recipe for disaster.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[turtlespeed 226]

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have you even taken an economics course ?

We're beyond theory. We're into history now. What you're witnessing, and what we're suffering from, is the result of a quarter of a century long experiment in laissez faire and trickle down economics. We tried it. It didn't work. Capitalism is great. Unchecked capitalism is/was the recipe for disaster.

Capitalism is great. Unchecked government spending is/was the recipe for disaster.

DING DING DING!

I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

[Lucky... 0]

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Now it is called "stimulus". You take hundreds of billions
and just pass it around and call it brilliant policy.

Clearly the great one has no clue how things work in a capitalist society. 50 billion additional on top of what has already failed miserably. Can't wait to see what happens in November.

Failed misserably? I could post the GDP, unemp and DJIA data once again, but you would just ignore it and then claim victory. Amazing how the lower party that got us here is claiming innocence. If you can't address data, the intelligent thing is to avoid teh issue.

Quote

I wouldn't waste my time with you Lucky. You already have all of the answers. Except why your boy Barry is talking tax cuts when you hate them...oops. Maybe you don't have all of the answers, or maybe Barry doesn't have all of the answers. Or maybe you both don't have ....you get thie picture...or maybe not.

Einstein, if you have an AGI of 32k or less you amount for

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Obama argued that the rich are more likely to save additional money than spend it. And he said the struggling U.S. economy can't afford to spend $700 billion to keep lower tax rates in place for the nation's highest earners.

That $700 billion is what the nonpartisan congressional Joint Committee on Taxation estimates it would cost the Treasury to continue tax cuts for top earners over 10 years. What Obama wants to do would cost just over $3 trillion over the same period, the panel estimates.

Quote

Brilliant...just brilliant. Pay no attention to that man behind the curtain. Focus on the 700 billion. Don't worry about that 3 trillion over there.

10 year predictions are meaningless. I tried to find the pub that claimed this: http://www.jct.gov/publications.html?func=select&id=48 Didn't see it. Also, they are looking at overall budgetary measures using today's revs, when that is hardly predictable.

So if the Yahoo article says letting expire tax cuts will cost us 700B, but keeping tax cuts would cost 3T, it all is incomplete. I realize you just cut-n-pasted, so I'm not asking you, but we need to see the parent pub befroe we can understand their methodology.

[Lucky... 0]

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have you even taken an economics course ?

We're beyond theory. We're into history now. What you're witnessing, and what we're suffering from, is the result of a quarter of a century long experiment in laissez faire and trickle down economics. We tried it. It didn't work. Capitalism is great. Unchecked capitalism is/was the recipe for disaster.

Yep, Capitalism is the best system, but it's too prone to tampering and then becomes one of the worst. Capitalism relies onup reinvestment rather than profit-taking, low taxes encourage profit-taking.

[Lucky... 0]

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If you have an arg to make, make it, if your arg is that I don't know what I'm talking about, that is a strawman that AVOIDS HAVVING TO TELL US WHY TAX ALLEGEDLY WORK FOR THE SYSTEM. I don't expect you to address the issue or the data.

You have been told, over and over again - we quit trying to talk sense to rhys in the truther threads, why should we keep trying with you when you don't show any more comprehension than he does?

You tried to act as tho capital gains tax is that much a part of the total tax revenue chart, then trued to tell us the 8% Clinton agreed to chop as a deal with the devil amounted to anything. You have never shown us a maj fed tax cut that has led to prosperity for the masses.

[mnealtx 0]

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If you have an arg to make, make it, if your arg is that I don't know what I'm talking about, that is a strawman that AVOIDS HAVVING TO TELL US WHY TAX ALLEGEDLY WORK FOR THE SYSTEM. I don't expect you to address the issue or the data.

You have been told, over and over again - we quit trying to talk sense to rhys in the truther threads, why should we keep trying with you when you don't show any more comprehension than he does?

You tried to act as tho capital gains tax is that much a part of the total tax revenue chart, then trued to tell us the 8% Clinton agreed to chop as a deal with the devil amounted to anything. You have never shown us a maj fed tax cut that has led to prosperity for the masses.

Thanks for yet again proving the point. You're the rhys of economy threads.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[Lucky... 0]

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have you even taken an economics course ?

We're beyond theory. We're into history now. What you're witnessing, and what we're suffering from, is the result of a quarter of a century long experiment in laissez faire and trickle down economics. We tried it. It didn't work. Capitalism is great. Unchecked capitalism is/was the recipe for disaster.

Capitalism is great. Unchecked government spending is/was the recipe for disaster.

DING DING DING!

Hey Dingy, we spend out the ass in the 40's, 50's, 60's yet the debt didn't go crazy until taxes started getting cut, the lower they were cut, the bigger the debt increases. I don;t expect a cogent answer.

[Lucky... 0]

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If you have an arg to make, make it, if your arg is that I don't know what I'm talking about, that is a strawman that AVOIDS HAVVING TO TELL US WHY TAX ALLEGEDLY WORK FOR THE SYSTEM. I don't expect you to address the issue or the data.

You have been told, over and over again - we quit trying to talk sense to rhys in the truther threads, why should we keep trying with you when you don't show any more comprehension than he does?

You tried to act as tho capital gains tax is that much a part of the total tax revenue chart, then trued to tell us the 8% Clinton agreed to chop as a deal with the devil amounted to anything. You have never shown us a maj fed tax cut that has led to prosperity for the masses.

Thanks for yet again proving the point. You're the rhys of economy threads.

So no answer? Shocker. You're the Belgian of governmental understanding.