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Thread: U.S. Jobless Rate Unexpectedly Declines to 8.6%

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Goldenboy219 View Post
    Tax cuts do not create jobs when private debt levels exceed 100% of income.
    Quote Originally Posted by Thunder View Post
    that is correct: giving the wealthy more money through tax-cuts does not cause them to spend more money, thereby creating jobs.
    Quote Originally Posted by treedancer View Post
    Your right, the bush tax cuts sure didn't.

    I take that mean that you're not pumped up over the payroll tax holiday?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by apdst View Post
    I take that mean that you're not pumped up over the payroll tax holiday?
    How about i am not expecting it to do much more than increase the deficit.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by treedancer View Post
    Your right, the bush tax cuts sure didn't.
    Bush had a low rate of 4.5%. How do you explain that?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by apdst View Post
    I take that mean that you're not pumped up over the payroll tax holiday?

    its a good trade off going into an election year. Think that one over for awhile.
    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: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Goldenboy219 View Post
    How about i am not expecting it to do much more than increase the deficit.
    Since it's only a few bucks a week for most people, I agree that it's not going to have a positive effect on the economy.

    The deficit is only going to get fixed by cutting spending.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by apdst View Post
    Bush had a low rate of 4.5%. How do you explain that?
    He couldn't run for President in 2008.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by treedancer View Post
    its a good trade off going into an election year. Think that one over for awhile.
    You believe that folks are going to vote for the Dems next year, because they got a tax cut that amounts to 10 bucks a week?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by apdst View Post
    The deficit is only going to get fixed by cutting spending.
    Cutting spending (right now) will weaken economic activity.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Goldenboy219 View Post
    Cutting spending (right now) will weaken economic activity.
    So will raising taxes. Cut spending growth and unfunded entitlement liabilities.
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Rhapsody1447 View Post
    So will raising taxes. Cut spending growth and unfunded entitlement liabilities.
    Notice i am not calling for raising taxes or cutting spending (now).
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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