Page 67 of 67 FirstFirst ... 1757656667
Results 661 to 665 of 665

Thread: Obamacare enrollment hits 7 million

  1. #661
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by ttwtt78640 View Post
    I am part of that cheap labor and yet I am able to live quite comfortably here in Texas. That is one of the reasons that Texas appeals to so many retirees. It is better to be employed even at a low wage (or on a fixed retirement income) in state with a low cost of living; lower state/local taxes contribute to that lower cost of living.
    Not sure you are to be honest. I suspect there are a lot if people making far less than you.

    Relying significantly on lower-wage jobs to fuel growth, Texas has drawn from a large, relatively cheap labor pool that’s included large numbers of legal and illegal immigrants. Illegal immigrants have taken jobs in many of the industries central to Texas’ economic boom, such as home construction, agriculture and the service industry. Illegal and legal immigrants make up about 20 percent of the state’s total workforce, according to the U.S. Census Bureau. And the Pew Hispanic Center estimates that 8 percent of Texas’ total workforce was made up of illegal immigrants as of 2008.

    How much did illegal immigrants contribute to Texas’ economic boom? - The Washington Post

    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.

  2. #662
    Pragmatic Idealist
    upsideguy's Avatar
    Join Date
    Nov 2009
    Location
    Rocky Mtn. High
    Last Seen
    Today @ 02:49 AM
    Gender
    Lean
    Progressive
    Posts
    10,068

    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by Conservative View Post
    Your opinion noted, since marginal tax rates were cut only three times in modern history there isn't a very good sample to make that conclusion many economists make but the one thing that does show up is incredible job creation and it is hard to argue logic and common sense that more spendable income affects economic activity and makes it conducive to economic growth which leads to job creation. Regardless of the rate cut having more spendable income benefits a consumer driven economy.
    Its not hard to argue "common sense" and "logic" as it doesn't necessarily apply.... you are looking only a tier I effects. Macro economics is more complex than that as tier I effects have considerations in multiple tiers.... cutting taxes for example reduces government revenue which requires either government spending cuts, which when targeted probably, could have a much stronger economic impact than the tax cut; OR cutting revenue forces deficit spending, which we know can have long-term economic consequence.


    Quote Originally Posted by Conservative View Post
    The argument about the rich is nothing more than liberal bs. people keeping more of what they earn is only a bad thing to liberals who want more govt. spending. What someone does with their money is nobody's business yet liberals want to make that a bad thing. whether a rich person spends their money, invests their money, saves their money, or pays off bills it helps the economy.

    Please tell me why anyone would support more money going to a 3.9 trillion dollar Federal Govt? Where is the effort to cut spending?
    Its not liberal BS at all but rather economics 101.... persons at higher income have a lower marginal propensity to consume, so their dollars do not necessarily go back into the local economy. The direction of dollars of the wealthy, therefore, is far more nebulous (uncertain how it helps, if it helps at all), and can (and most likely) include international investment, which does not have any short-term help to the local (US) economy). In the case of deploying capital by the government in the form of targeted spending vs. cutting taxes and giving it to those that do not need to spend, the latter is generally much less efficient.
    Last edited by upsideguy; 04-13-14 at 05:19 PM.

  3. #663
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 02:37 PM
    Gender
    Lean
    Conservative
    Posts
    67,250

    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by upsideguy View Post
    Its not hard to argue "common sense" and "logic" as it doesn't necessarily apply.... you are looking only a tier I effects. Macro economics is more complex than that as tier I effects have considerations in multiple tiers.... cutting taxes for example reduces government revenue which requires either government spending cuts, which when targeted probably, could have a much stronger economic impact than the tax cut; OR cutting revenue forces deficit spending, which we know can have long-term economic consequence.




    Its not liberal BS at all but rather economics 101.... persons at higher income have a lower marginal propensity to consume, so their dollars do not necessarily go back into the local economy. The direction of dollars of the wealthy, therefore, is far more nebulous (uncertain how it helps, if it helps at all), and can (and most likely) include international investment, which does not have any short-term help to the local (US) economy). In the case of deploying capital by the government in the form of targeted spending vs. cutting taxes and giving it to those that do not need to spend, the latter is generally much less efficient.
    Sorry, but that is what liberals do, make the simple complex over analyzing everything. It isn't that difficult, people having more spendable income from tax cuts benefit the economy, create the atmosphere for strong economic growth.

    Why is it that people like you and others always talk about taxing someone else but never doing anything about it yourself. You think the govt. needs more money send the extra in. Seems there is a lot of jealousy on the part of far too many who care more about what someone else pays in taxes vs. how the tax dollars are spent. Whether a rich person spends their money, saves their money, invests their money, or pays off their debt because of more spendable income, that benefits the economy. Why would anyone want to take more of someone else's money to give it to the bloated Federal Govt that has generated a 17.3 trillion dollar debt and never proposes less spending?

  4. #664
    Guru
    99percenter's Avatar
    Join Date
    Oct 2011
    Location
    Chicago
    Last Seen
    Yesterday @ 12:07 PM
    Gender
    Lean
    Very Conservative
    Posts
    4,073

    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by Conservative View Post
    Sorry, but that is what liberals do, make the simple complex over analyzing everything. It isn't that difficult, people having more spendable income from tax cuts benefit the economy, create the atmosphere for strong economic growth.

    Why is it that people like you and others always talk about taxing someone else but never doing anything about it yourself. You think the govt. needs more money send the extra in. Seems there is a lot of jealousy on the part of far too many who care more about what someone else pays in taxes vs. how the tax dollars are spent. Whether a rich person spends their money, saves their money, invests their money, or pays off their debt because of more spendable income, that benefits the economy. Why would anyone want to take more of someone else's money to give it to the bloated Federal Govt that has generated a 17.3 trillion dollar debt and never proposes less spending?
    Seriously what's up with this vitriol against liberals? Did liberals with huge penises gangbang your wife or something?
    bears, bulls, white sox fan 4 life!!!

  5. #665
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by 99percenter View Post
    Seriously what's up with this vitriol against liberals? Did liberals with huge penises gangbang your wife or something?
    I don't think there is such a thing....Do liberal men even have them anymore?
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

Page 67 of 67 FirstFirst ... 1757656667

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •