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Being in business I find this mantra chanted by some confusing, so lower taxes lead straight to more jobs even if there is no demand for the product or services one is hoping to offer ?
Why the confusion, lower taxes do not lead straight to more jobs unless one can find the customers willing to purchase one's product or service, no demand, why would one employ people ?
If lower taxes leads to people buying cars made and assembled in Germany with the cash in their pocket how does that help a bloke looking for a job ?
You prefer the government tax the money away from the private sector and give it to friends? More money in the private sector means more resources to innovate and make improvements.
FWIW many foriegn automakers have production plants here and their sales and service departments also employ Americans.
Being in business I find this mantra chanted by some confusing, so lower taxes lead straight to more jobs even if there is no demand for the product or services one is hoping to offer ?
Why the confusion, lower taxes do not lead straight to more jobs unless one can find the customers willing to purchase one's product or service, no demand, why would one employ people ?
If lower taxes leads to people buying cars made and assembled in Germany with the cash in their pocket how does that help a bloke looking for a job ?
He can unload them at the dock.
The velocity of money grows the economy. Putting money into the sewer of govt., does far more harm than good.
30 years of attempting supply side economics and it hasn't worked, ever. Even Reagan and Bush 1 realized it and started raising taxes.
The Laffer curve was only good for one thing, making a person with any knowledge of math or simple economics let loose a big belly laugh.
It's a feast for wingnuts and rich people trying to lower their tax rates. If you are not rich and are pushing this ideal then you need your head examined.
It's not a young theory. It used to be called "The Horse and Sparrow Theory". Basically you feed the horse so much that it craps out more oats for the sparrow to eat.
So anyone that is poor just gets to eat the waste of the rich. Great way to treat other living things to make them eat your ****.
Being in business I find this mantra chanted by some confusing, so lower taxes lead straight to more jobs even if there is no demand for the product or services one is hoping to offer ?
Why the confusion, lower taxes do not lead straight to more jobs unless one can find the customers willing to purchase one's product or service, no demand, why would one employ people ?
If lower taxes leads to people buying cars made and assembled in Germany with the cash in their pocket how does that help a bloke looking for a job ?
Lower taxes on business (trickle down economics)? No. You're right and for the reasons you mentioned.
Lower taxes on consumers? Yes, it will lead to job creation because if you put money in most peoples pockets, they'll spend it on discretionary items, creating demand and requiring new workers and facilities to meet the demand.
If they'd have just given all those billions of TARP and stimulus money to the people to spend, we wouldn't be in the mess now.
Lower taxes on business (trickle down economics)? No. You're right and for the reasons you mentioned.
Lower taxes on consumers? Yes, it will lead to job creation because if you put money in most peoples pockets, they'll spend it on discretionary items, creating demand and requiring new workers and facilities to meet the demand.
If they'd have just given all those billions of TARP and stimulus money to the people to spend, we wouldn't be in the mess now.
I mostly agree with what you said. I don't see where the bush tax cuts on the rich helped anyone but the rich, the payroll tax however has been helpful during the recovery. I do believe though that government jobs are a part of the economy and we have cut to many. I know there is government waste, but more teachers, cops, etc is only helpful to the economy. Most of my family work for the government in dc and they are successful, we don't need to hire millions, but should hire back what was cut.
I mostly agree with what you said. I don't see where the bush tax cuts on the rich helped anyone but the rich, the payroll tax however has been helpful during the recovery. I do believe though that government jobs are a part of the economy and we have cut to many. I know there is government waste, but more teachers, cops, etc is only helpful to the economy. Most of my family work for the government in dc and they are successful, we don't need to hire millions, but should hire back what was cut.
No we do not need more cops, fireman, teachers on the government dole. Sounds like you're advocating for an economy like Greece has.
Government workers produce nothingand only take from the economy.If its useful and needed it can be done in the private sector much more effectively.
Last edited by Frank DeForrest; 04-20-2012 at 11:48 PM..
Sounds like "most of your family" is part of our problem right now. No we do not need more cops, fireman, teachers on the government dole.
Government workers produce nothingand only take from the economy.If its useful and needed it can be done in the private sector much more effectively.
Yea my family is the problem considering they work for nsa protecting america against terrorism, so selfish of them. Your argument is so ridiculous that I'm not going to waste my breath...
Yea my family is the problem considering they work for nsa protecting america against terrorism, so selfish of them. Your argument is so ridiculous that I'm not going to waste my breath...
No we do not need more cops, fireman, teachers on the government dole. Sounds like you're advocating for an economy like Greece has.
Government workers produce nothingand only take from the economy.If its useful and needed it can be done in the private sector much more effectively.
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