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Thread: CBO: Stimulus hurts economy in the long run

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by AdamT View Post
    The bias isn't pro-Hoover, but pro small government conservatism. So coming out against President Hoover's allegedly pro-labor policy does not contradict the assertion of bias.
    OH, pardon me. I must have mistook the statement 'Lee E. Ohanian | Papers...And yes, it's THAT HOOVER, the Herbert Hoover that was president from the bursting of the stock market bubble in 1929 to the bottom of the depression in 1932.' I interpreted the insinuation that Ohanian was bias to Hoover and not FDR. My post was to merely represent that Ohanian had presented work that blamed Hoover of making the GD 'three times worse' thus not being bias to HH.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote conservative

    You make a lot of wild speculations yet never back them up.

    Wasn’t speculation, just saying what I would do. As I said, the first thing I would do would be increase the tax on the top 1%,boost taxes on the Largest CORPS, not small corps and maybe hang a tax on stock transactions;this depends on the success of the first two taxes.

    If I determined that the multinationals were moving off shore to avoid the Corp tax I would put a tariff/lug, whatever on what they sold in this country.If that isn’t clear enough for you…
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    Do you honestly believe that the money is there to repay those SS IOU's from the SS trust fund? where does the money come from that pays the interest on those securities?
    This one is easy. Printing presses.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by treedancer View Post
    Wasn’t speculation, just saying what I would do. As I said, the first thing I would do would be increase the tax on the top 1%,boost taxes on the Largest CORPS, not small corps and maybe hang a tax on stock transactions;this depends on the success of the first two taxes.

    If I determined that the multinationals were moving off shore to avoid the Corp tax I would put a tariff/lug, whatever on what they sold in this country.If that isn’t clear enough for you…
    IMO we haven't found much to agree on but I believe this to be a very good starting point. Somewhere we would have to figure in the cuts.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by 1Perry View Post
    IMO we haven't found much to agree on but I believe this to be a very good starting point. Somewhere we would have to figure in the cuts.
    With two wars winding down shouldn't be to hard to find some cuts.

    Edited to add. Might want to close a couple of bases in Europe that were put there to counter the Soviets during the cold war.Thatta save a ton of dough.
    Last edited by Donc; 11-29-11 at 04:36 PM.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by treedancer View Post
    Wasn’t speculation, just saying what I would do. As I said, the first thing I would do would be increase the tax on the top 1%,boost taxes on the Largest CORPS, not small corps and maybe hang a tax on stock transactions;this depends on the success of the first two taxes.

    If I determined that the multinationals were moving off shore to avoid the Corp tax I would put a tariff/lug, whatever on what they sold in this country.If that isn’t clear enough for you…

    Yep, and the end result, if we played out your ever more, and more tax, on ever more, and more facets of this country, is that we have no corp's left, and no economy due to the fact that your penalties have made goods unaffordable.

    Good show.


    j-mac
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    Alexis de Tocqueville

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by j-mac View Post
    Yep, and the end result, if we played out your ever more, and more tax, on ever more, and more facets of this country, is that we have no corp's left, and no economy due to the fact that your penalties have made goods unaffordable.

    Good show.


    j-mac

    So...whats your plan?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by treedancer View Post
    So...whats your plan?
    My plan? My plan is to elect someone other than the ruinous progressives we have in office now. My plan is to be active in calling and writing my reps to make sure that they hear my voice. My plan is to do what ever I can to hold my government accountable.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: CBO: Stimulus hurts economy in the long run

    I did not check those numbers, but I can not imagine how a crowding out effect would effect the economy this badly. Since there are so many factors which also influence the investment made by companies.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by j-mac View Post
    My plan? My plan is to elect someone other than the ruinous progressives we have in office now. My plan is to be active in calling and writing my reps to make sure that they hear my voice. My plan is to do what ever I can to hold my government accountable.

    j-mac
    Its cool that you want your voice heard by "calling and writing my reps "but it would be kinda nice if you gave us a sneak prevue of what you would tell your reps that you wanted them to do.

    for instance what would you say to your rep about taxing the top % income earners of our great country?

    what would you say to your rep concerning corp taxes? that according to the GAO two out of three corporations in the United States paid no federal income taxes from 1998 through 2005.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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