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Thread: Obama: No Deal Without Tax Hikes

  1. #1141
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    So much for the "the govt can't create jobs" whine the rightwingers love
    If anyone has said that the government cannot create jobs, they would definitely be wrong. How is this evident? Look at the explosive growth in the Federal Government. It takes many people to mismanage all that waste.

    But, government workers do not produce anything. They don't manufacture cars. Oh wait, Obama did have the Federal Government take over GM and Chrysler. Well, they don't grow crops to eat. Oh wait, they do hand out money for not growing crops.

    Wow! Those government jobs must be far superior to private industry jobs. Not!

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    Re: Obama: No Deal Without Tax Hikes

    increased. govt. funding for infrastructure projects, creates jobs. LOTS of jobs.

    building a new highway, bridge, tunnel, sewers, seawall, ect etc...means many more people are hired.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by cpwill View Post
    aside from the fact that he obviously is blindsided by the question,
    "For purposes of fairness" -- what??
    He could care less what it does to the economy, he just wants to punish the rich for political gain.
    Although I'm not sure how he's going to accomplish that by raising captial gains, which will only reduce revenue as he encourages ppl to hold on to their money until a more sane President is elected.

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    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    SO there was a correlation between raising taxes and eco growth. This argues against the rightwing claim that tax increases prevent growth
    Nobody says they prevent growth, but they can hinder growth. Most economists agree (not just the "rightwing"), which is why few were advocating a return to Clinton tax rates last year (full expiration of the Bush tax cuts).

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    Nobody says they prevent growth, but they can hinder growth. Most economists agree (not just the "rightwing"), which is why few were advocating a return to Clinton tax rates last year (full expiration of the Bush tax cuts).
    You'd be hard pressed to show much of any effect taxes have on growth either way. Theory is one thing, actual evidence another.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by cpwill View Post
    aside from the fact that he obviously is blindsided by the question, i think one of my favorite parts is where he castigates George Bush for running up $4 Trillion in debt, says that that is undermining our economy, and says it's going to change once he's President.
    All politicians talk ****. Largely what you're saying is your sides criticism of Obama on the economy is not better than his of Bush, putting your side in the same class as what you denounce here, with a cherry picked snipet no less.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Thunder View Post
    increased. govt. funding for infrastructure projects, creates jobs. LOTS of jobs.

    building a new highway, bridge, tunnel, sewers, seawall, ect etc...means many more people are hired.
    Jobs are extremely easy to create. I personally have the power to create millions of jobs. I'll pay anyone I can find a few cents a year to work full time digging holes and refilling them.

    Jobs in and of themselves are not what makes a strong economy.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    Nobody says they prevent growth, but they can hinder growth.
    Nobody?

    Most economists agree (not just the "rightwing"), which is why few were advocating a return to Clinton tax rates last year (full expiration of the Bush tax cuts).

    Sure, and nobody has said that raising taxes prevents eco growth

    Raising Taxes ALWAYS Hurts the Economy | RedState

    Raising Taxes Will Hurt the Economy

    Raising taxes will hurt economy - Stowe Reporter | Celebrating 52 years as Stowe areas hometown newspaper: Letters To The Editor

    And most economists agree

    Daily Kos: Deflating Conservative Arguments: Tax Increases Hurt the Economy

    http://www.nytimes.com/2011/07/03/bu...my/03view.html

    Would Raising Taxes on Rich Hurt the Economy? - Newsweek
    http://www.imf.org/external/pubs/ft/.../02/pdf/c3.pdf
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    Jobs are extremely easy to create. I personally have the power to create millions of jobs. I'll pay anyone I can find a few cents a year to work full time digging holes and refilling them.

    Jobs in and of themselves are not what makes a strong economy.
    More nonsense. You have been reduced to posting nonsense about you paying people to dig holes because reality has abandoned your claims
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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