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CBO: Stimulus hurts economy in the long run

Conservative said:
The kind of business person who has their own money invested in a business and is being forced to redistribute it to someone else. My responsibility is to take care of my family and my shareholders not you or someone else who many not have a clue. You seem to believe that I am in business to support you.
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How are you going to do that and not have excess to the largest economy in the world to sell you widgets?
 
pbrauer said:
Does that include Reagan tripling the debt and W doubling it?
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Tripling the debt added 1.7 trillion to the debt-Reagan
Doubling the debt was taking it from 5.7 trillion to 10.6 trillion in 8 years-Bush
Obama has added 4.4 trillion in 3 years. So let's see.

Reagan 1.7 in 8 years or 200 billion a year
Bush 4.9 trillion in 8 years or 600 billion a year
Obama 4.4 trillion in 3 years or 1.4 trillion a year.

Hmmm, wonder which one cost the American taxpayer the most?
 
treedancer said:
How are you going to do that and not have excess to the largest economy in the world to sell you widgets?
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In a World economy don't need access to what you offer in terms of high taxes, high regulations, and the entitlement mentality.
 
Conservative said:
Tripling the debt added 1.7 trillion to the debt-Reagan
Doubling the debt was taking it from 5.7 trillion to 10.6 trillion in 8 years-Bush
Obama has added 4.4 trillion in 3 years. So let's see.

Reagan 1.7 in 8 years or 200 billion a year
Bush 4.9 trillion in 8 years or 600 billion a year
Obama 4.4 trillion in 3 years or 1.4 trillion a year.

Hmmm, wonder which one cost the American taxpayer the most?
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I see you have forgotten my education on percentages already.
 
Conservative said:
Govt budget, Pb. Think Adam Smith or anyone else envisioned a 3.7 trillion dollar budget?
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Do you think that Adam Smith envisioned a country with 300+ million people or an area stretching from the Atlantic to the Pacific and from the St. Lawrence River to the Gulf of Mexico? If you are going to compare things, you must compare them on equal planes. This is what I was trying to explain to you when we discussed percentages. Raw numbers are meaningless if you are doing comparisons.
 
Conservative said:
In a World economy don't need access to what you offer in terms of high taxes, high regulations, and the entitlement mentality.
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What nonsense. Glad you don’t run a business that I have money invested in.:2wave:
 
treedancer said:
What nonsense. Glad you don’t run a business that I have money invested in.:2wave:
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Why would you invest money in an American business in this economic environment? You believe it is the role of business to be forced to redistribute profits as directed by the Federal Govt? Sounds to me like you have disdain for American business and don't understand even how a business operates
 
treedancer said:
Cool, then we agree on this one.Warren Buffet will now pay the same taxrate as his secretary on all of his income including SS.HELL!...lets go with 9% thatsa good and poplar number nowadays.
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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.

NAH,we have to get some blood directly from the ole turnip.
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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
 
Conservative said:
Why would you invest money in an American business in this economic environment? You believe it is the role of business to be forced to redistribute profits as directed by the Federal Govt? Sounds to me like you have disdain for American business and don't understand even how a business operates
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Care to show me how you come to this conclusion from what I have posted? :shock:

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.:thumbs:
 
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treedancer said:
Care to show me how you come to this conclusion with what have posted? :shock:

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.:thumbs:
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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.
 
Conservative said:
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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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.
 
treedancer said:
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.
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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.
 
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.
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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.:roll:




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
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You had better do some research besides what you hear on talk radio on this point. It’s a long study and I don’t have time but its not quite as you seem to think.
 
AdamT said:
I wonder what Adam Smith, the father of modern capitalism would say....
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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."
 
Conservative said:
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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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.:(
 
treedancer said:
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.:(
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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.
 
Conservative said:
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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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.:thumbs:
 
treedancer said:
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.:thumbs:
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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.
 
Conservative said:
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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DAMN!! No wonder you could afford to pay 80% of their healthcare cost, you didn’t pay “minimum wage “…according to your post.:mrgreen:


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.
 
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Conservative said:
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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So they're betting on an Obama victory? :)
 
AdamT said:
So they're betting on an Obama victory? :)
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Why would anyone vote to give Obama another term with the results he generated? Don't results matter to you? You apparently aren't among the 25 plus million unemployed and under employed Americans or worried about the rising misery index
 
Conservative said:
Why would anyone vote to give Obama another term with the results he generated? Don't results matter to you? You apparently aren't among the 25 plus million unemployed and under employed Americans or worried about the rising misery index
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I was just inferring that from your post. Or are you saying business are figuring that a Republican president will raise rates in five years? :popcorn2:
 
AdamT said:
I was just inferring that from your post. Or are you saying business are figuring that a Republican president will raise rates in five years? :popcorn2:
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Hiring will begin when the small businesses in this country here those wonderful words, "Barack Obama, you're fired!" I am sure they can count on your support.
 
Conservative said:
Hiring will begin when the small businesses in this country here those wonderful words, "Barack Obama, you're fired!" I am sure they can count on your support.
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Wow, so we're going to have to wait five years?
 
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