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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 treedancer View Post
    Care to show me how you come to this conclusion with what have posted?

    As for the answer to this question “Why would you invest money in an American business in this economic environment? “Because I believe in capitalism and there is a lot of low hanging fruit on the roller coaster called stockmarket, somehow I have managed to snag some of the low hanging plums.
    My opinion based upon reading your posts. If I am wrong then I apologize. Capitalism is the only economic policy that makes any sense to anyone with initiative and drive along with being self reliant and a willingness to accept personal responsibility.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    My opinion based upon reading your posts. If I am wrong then I apologize. Capitalism is the only economic policy that makes any sense to anyone with initiative and drive along with being self reliant and a willingness to accept personal responsibility.

    I’m a capitalist that believes that we have to pay our share and were getting hosed by our export/import policies. That and the fact that corp taxrate as a % of gdp is the lowest its been in fifty five years.
    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
    I’m a capitalist that believes that we have to pay our share and were getting hosed by our export/import policies. That and the fact that corp taxrate as a % of gdp is the lowest its been in fifty five years.
    Obama rhetoric and policies are damaging to the private sector especially the part of that sector that creates the jobs, small businesses that create almost 80% of the jobs. Too much focus is being paid to the large corporations and not the harm Obama is doing to the small businesses.

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    Re: CBO: Stimulus hurts economy in the long run

    j-mac;

    I have absolutely no problem with every person paying the exact same income tax rate on every dollar they are paid. I do however, think that this would never fly due to the recipient class raising holy hell over it, and the liberal politicians pandering to them for their voting block. It should also be noted that this I would not agree to unless, and until I see both the 47% paying this without a way to weasel out, and serious real cuts in spending made first.
    I notice a bit of backpedaling in the bolded part. Its not the libs that you have to worry about, its those in the Buffet class that would have a problem with the 9% tax on ALL INCOME .

    And yes we would collect taxes from the unemployed/underemployed/the the seniors getting five hundred a month SS...thata show the freeloaders we mean business. Thata probably cure out deficit in about....two hundred years.




    Nope, Corporations don't pay tax, they pass it on. This is an easy concept even for liberals to understand. So, no deal.

    j-mac

    You had better do some research besides what you hear on talk radio on this point. Itís a long study and I donít have time but its not quite as you seem to think.
    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 AdamT View Post
    I wonder what Adam Smith, the father of modern capitalism would say....
    or this:

    "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."

    or even this:

    "Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased."

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    Obama rhetoric and policies are damaging to the private sector especially the part of that sector that creates the jobs, small businesses that create almost 80% of the jobs. Too much focus is being paid to the large corporations and not the harm Obama is doing to the small businesses.

    Thatís the first time that I have ever heard of rhetoric, combined with policies, hurting the private sector. as for as Obama hurting small businessÖ whatís hurting small businesses is the banks (that we bailed out) hording all the money that they mooched off of us at zero interest.
    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
    That’s the first time that I have ever heard of rhetoric, combined with policies, hurting the private sector. as for as Obama hurting small business… what’s hurting small businesses is the banks (that we bailed out) hording all the money that they mooched off of us at zero interest.
    tightness of money is hurting but so is the lack of knowledge of what Obamacare is going to cost as well as what the tax structure will be in the next 5 years. Businesses need certainty as they are investing their own money not printing it.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    tightness of money is hurting but so is the lack of knowledge of what Obamacare is going to cost as well as what the tax structure will be in the next 5 years. Businesses need certainty as they are investing their own money not printing it.

    Thatís why Obama care should be dumped and a national healthcare system similar to Medicare should be implemented. Think of the burden off of the shoulders of the small businessman/woman with that off there shoulders.
    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
    That’s why Obama care should be dumped and a national healthcare system similar to Medicare should be implemented. Think of the burden off of the shoulders of the small businessman/woman with that off there shoulders.
    Medicare is going bankrupt and doctors are dropping patients all over the country. let the private sector work instead of social engineering another personal responsibility issue. I employed 1200 people, offered full healthcare benefits and paid over 80% of the premiums and never paid minimum wage. 50% of the people elected to take the healthcare offered and that was the norm in the industry. People have to be held accountable for their own healthcare or pay the consequences for failure not to do so.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    Medicare is going bankrupt and doctors are dropping patients all over the country. let the private sector work instead of social engineering another personal responsibility issue. I employed 1200 people, offered full healthcare benefits and paid over 80% of the premiums and never paid minimum wage. 50% of the people elected to take the healthcare offered and that was the norm in the industry. People have to be held accountable for their own healthcare or pay the consequences for failure not to do so.

    DAMN!! No wonder you could afford to pay 80% of their healthcare cost, you didn’t pay “minimum wage “…according to your post.


    Seriously, if you step back and look at your post you will realize that the Corp you worked for would have been better off without having to worry about providing healthcare for their employees.
    Last edited by Donc; 11-29-11 at 11:01 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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