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Thread: Economic stimulus package.... $13/week?

  1. #11
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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by Goobieman View Post
    So, for all of you that poo-pooed the $300 stimulus checks from the Bush tax cuts -- what do you think of this?
    I think the Bush bailout sucked, and I think that this one sucks worse.

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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by Southern Man View Post
    If the purpose was to create jobs then taxes would be reduced on high wage earners. The purpose of this bill is quite clear: to buy votes for the next election.
    High wage earners don't need stimulus, they are doing well, maybe only less well. And history proves when you give the wealthy more money, most of it does not return to the economy. Just because federal money is being used to stimulate the economy does not mean the wealthy deserve a share of it.

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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by WillRockwell View Post
    And history proves when you give the wealthy more money, most of it does not return to the economy.
    Like in the 60s, 80s and 00s?

    Oh... 'give the wealthy mor emoney'. Thats a hoot!
    Tax cuts dont -give- money to anyone.

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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by WillRockwell View Post
    High wage earners don't need stimulus, they are doing well, maybe only less well. And history proves when you give the wealthy more money, most of it does not return to the economy. Just because federal money is being used to stimulate the economy does not mean the wealthy deserve a share of it.
    No one is asking to give the wealthy money, just for the government to take less of it away. Whenever that is done they then invest in companies who hire more employees who then pay more taxes. It has worked every time it's tried.

    And there is no such thing as "federal money". It is all money confiscated from the people through taxation.

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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by Goobieman View Post
    So, for all of you that poo-pooed the $300 stimulus checks from the Bush tax cuts -- what do you think of this?
    It's as stupid as it was the first time.


    For all of you that supported the $300 stimulus checks from Bush, what do you think of this?
    Quote Originally Posted by SWM
    I never thought infanticide could be so delicious.

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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by RightOfCenter View Post
    It's as stupid as it was the first time.
    For all of you that supported the $300 stimulus checks from Bush, what do you think of this?
    I'll take every $ I can get, thank you.
    I would prefer to have it as a lump sum, however.

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    Re: Economic stimulus package.... $13/week?

    The Bush tax rebate was a disaster, mostly due to the fact that during the times of issuance, our marginal propensity to consume domestic goods was quite low. Autonomous consumption reigns supreme in the land of the free, temporary tax rebates do very little to improve long run economic conditions.

    People will not be able to pay large debts with $13 per month without saving it, which is a low possibility.
    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: Economic stimulus package.... $13/week?

    Quote Originally Posted by Goldenboy219 View Post
    The Bush tax rebate was a disaster, mostly due to the fact that during the times of issuance, our marginal propensity to consume domestic goods was quite low. Autonomous consumption reigns supreme in the land of the free, temporary tax rebates do very little to improve long run economic conditions.
    So... the Obama tax rebate will also be a disaster. Right?

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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by Goobieman View Post
    I'll take every $ I can get, thank you.
    I would prefer to have it as a lump sum, however.
    So Obama doing the same is good?
    Quote Originally Posted by SWM
    I never thought infanticide could be so delicious.

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    Re: Economic stimulus package.... $13/week?

    Quote Originally Posted by RightOfCenter View Post
    So Obama doing the same is good?
    Not -as- good.

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