Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Exactly right! Economists say...and just how far do you want to go when trusting economists, since they have done such an outstanding job of things in the last few years?
It's fine to criticize the President's plan if you've got a viable alternative. But criticism just for the sake of criticism is absolutely pointless.
Economists say stimulus won’t work | Mound City Money | STLtoday (http://www.stltoday.com/blogzone/mound-city-money/us-economy/2009/01/economists-say-stimulus-wont-work/ - broken link)
Of course, the dems and obama know that full well but are going full steam ahead to try and "change" from a capitalist republic to a socialist one. This is their opportunity (when the economy is in the tank) to implement their liberal, socialist policies. Take note of the bold - we have been here before - what the dems and obama are trying to do has been shown to be a failure.
This plan is not going to work. Of course, there are some good elements to it (esp enhancing the Electric Grid, IMO) but it is not worth the cost. The base cost will be around $ 850 Billion to $ 1 Trillion. We can not pay back the debt we already owe so, by the time interest is included, the interest will fas surpass the principal.
Painful as it would be, I think letting the recession run its course is one of the better options. We should cut Government spending as much as possible. I think all Government employees (except Military and related areas) should have their salaries frozen or, preferably, slightly reduced. They need to work on lowering the Government workforce and reducing spending in all areas as well. In addition, Capital Gains taxes and Corporate taxes (including those on small businesses) should be lowered. Spending is way too high to lower personal income taxes. The spending cuts have to come with time. We can start with a small decrease of the most blatant wastes of money the first year and then continue to cut over time. IMO, the Federal Government needs to drastically reduce spending, but this has to be done gradually over time.
The Cato Institute's latest collection of Ayn Rand-Milton Friedman-Ronald Reagan-Margaret Thatcher wannabe's has spoken. Let's go back to tax cuts for mega-corporations and the idle rich. That's what we need. That's all that works. Screw infrastructure. Screw energy. Screw the environment. Screw the low- and middle-income taxpayers. Screw everybody but the usual gaggle of fat cats...us.
Exactly right! Economists say...and just how far do you want to go when trusting economists, since they have done such an outstanding job of things in the last few years?
It's fine to criticize the President's plan if you've got a viable alternative. But criticism just for the sake of criticism is absolutely pointless.
People it's really very simple to look up what the Republicans want to do. Im assuming you don't want to because it is a much better plan.
People it's really very simple to look up what the Republicans want to do. Im assuming you don't want to because it is a much better plan.
Please explain. What makes it much better? What are the things that make a stimulus plan able to "work" to begin with? Which characteristics of the way too small and poorly targeted Republican plan would be those which would give it any prospective advantage over the current plan?
The Cato Institute's latest collection of Ayn Rand-Milton Friedman-Ronald Reagan-Margaret Thatcher wannabe's has spoken. Let's go back to tax cuts for mega-corporations and the idle rich. That's what we need. That's all that works. Screw infrastructure. Screw energy. Screw the environment. Screw the low- and middle-income taxpayers. Screw everybody but the usual gaggle of fat cats...us.
And just yell down to those who complain: "It's working! It's working!"
Soon enough, the G20 (extended) will be developing common fiscal and monetary policies for addressing and resolving the current crisis, as well as developing the structure for a new interntional economic architecture. We'll be drawn toward all of that as part of minimizing the sort of international imbalances that did much to slow global recovery during the Depression.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
