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What tax breaks mean is that the govornment takes less of OUR money. That means we can spend it how we want. Hire more people, remodel a room, buy a car. It's our money and if you can argue they need more of it and you feel better about them spending it, then nobody is stopping you from writing a check. Claiming the loss fire fighters, policemen and teachers is the oldest liberal con in the book. I don't buy it. I'm from Ma. You can't drive through town without seeing fifteen cops working details. Get rid of all the mandated special education for every little problem and you will have plenty of teachers. Reform emergency personel sick pay policy and you will have plenty of firefighters. If you don't want to reform any thing here, then there are plenty of places you can cut. We don't need to increase funding over current levels. IMO over 1/2 of this bill is money that we don't need to spend right now. We simple don't have it. It's not any more complicated then that. If you fund something now that you can't afford you have to get rid of it later. It's economics 101. WE DON"T HAVE THE $$$$. |
so buckman.. how does a tax break help a poor guy who cant find a job?
Its proven that an owner of a business isnt always going to take that tax break and create a job, he is usually going to pocket the profits while he can.. |
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My feeling about the bill and the process is: It is too based on the believe that the govornment can increase it's size and spend our way out of the current situation. We just don't have the money! It is full of earmarks... The people that will be dolling out the money are selfserving, currupt, hypocrits that stuffed this bill full of everything they tried to pass in the past. This is a point that you fail to except or you are ok with. The bill was written based on emotion and not economics. Bottom line.... The process was just plain wrong and this bill is a joke. Thats just my opinion. |
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It works like this. Maybe if you pay less on taxes you can afford to hire someone to clean your studio so you can do what you do best. Maybe that guy on the corner that has no job. Bottom line. The rich guys money will get spent. I trust him more then Pelousi. Once again if you want to pay more then by all means do. |
At the very least, the bill will provide a some fiscal thrust amid stagnating demand.
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So what's your solution rather than just your complaint. I agree we can't afford to create a larger government, however at this juncture in history in the past, governments normally take action, Keynesian Economics . Reagan was the one recent exception to the stimulus mantra, amid harsh criticism on the hill Reagan reduced the size of the federal government and cut taxes across the board. I do agree that tax cuts have proven to invigorate the economy compared to stimulus handouts. Would you be happier if the government did NOTHING? Sure sounds that way |
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However... if we CAN make health care cheaper, across the board, then you reduce the cost to the employers, which would probably be a bigger help to the economy, mean while creating jobs to fix the crumbling infrastructure around the country, keeps cops copping :D and teachers teaching... Secondly, there has got to be a huge lag between when tax breaks go into effect and when there is a benefit to the economy and jobs. how long would it take for people the realize the tax breaks and turn it into a job or benefit for someone else. obviously this is my opinion as well, and many have and continue to call it crap :jump: |
So how did Reagnanomics turn around the 80-82 financial crapola?
Not that it was anywhere near the magnitude of the 2007-201x D-event |
They're giving aspirin to a cancer patient with the stimulus - it will offer some minor temporary relief but will do little for the root causes of the problem. They're only trying to cure the symptoms for now
They need to let the corporate bailouts come to a screaching halt - lack of acumen and avarice needs to be rewarded with bankruptcy, not TARP and assorted other giveaway funds as a form of welfare to the wealthy. It will be ugly and unpleasant for all of us but if you want to set it right, I'm afraid you're going to have to take the pain and rebuild with what's left after the smoke clears. This crew makes the Robber Barons of the late 19th Century look like a group of self-sacrificing philanthropists. And the entire country is about to pay the price. The saddest part is that it was a broad daylight robbery - and no one stood up on their hind legs to stop it...:hs: |
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But the sheep are content to graze , you can't even get a HD Converter certficiate at the moment. |
And if you don't like the stimulus Bill.
Don't take the money!! That will be the day......... http://www.cnn.com/2009/POLITICS/02/...ef=mpstoryview |
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No, move to Moldavia
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It's funny how the Reps. reps voted against it b/c they can stand on idealogy but many of the Repub. governers who have to balance their budgets are in favor of the bill.
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Side note: Do you think the Dow will hit 7000 by the time Obama gives his speach in Denver? |
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Rush Limbaugh made a daily habbit out of mocking Liberals for this. Buck, are you really a Liberal? -spence |
Excellent Frontline on the Banking Crisis tonight.
Rebroadcast at like 0300 tomorrow for those of you the a Dish-dvr. Can't say it like George sorry. |
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They did an incredible job of unraveling and explaining what caused the banking crisis, which is complex in the details - really well done. Interesting perspective on Bernanke, Paulson and Geithner too - it was an eye-opener for me. Not exactly light viewing but I'd call it a must see - it will give you a deeper understanding of what happened and where things may end up. You know, I heard the stimulus likened to giving aspirin to a cancer patient - if you watch Inside the Meltdown you'll understand how far the cancer has metasticized in our economy and across the globe - and why...:hs: I'm going to try to stay awake for the 2 AM rebroadcast on GBH 2 - at the very least, I will watch it again tomorrow online. |
Glad at least someone else on this board saw this.
I will be watching it again tonight or tomorrow evening, excellent stuff Not only does it show how far it spread but how fast and how even unrelated senior officials thought various components of the finance system were. It seems like a true cancer that spreads through the lymphatic system only appearing elsewhere after the 'supposed' all clear has been sounded. In our economy its more like we have multiple cancers attacking various parts of the system, all purported to be terminal by those areas under attack. Banks, manufacturers, state and local government, etc.. |
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