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Thread: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by Grim17 View Post
    Adding an extra $150.00 in bills for the average American family during an economic recession sounds like a sound plan to me.

    Hope & Change baby!

    .
    Like the quote says...what do you think they are going to do with the money from the Cap and Trade program ....burn it on the WH lawn???

    If you knew about macroeconomics you would know that this revenue goes right back out into the economy.

    So it has no net effect of the economy. If fact! One could argue since the Government would spend 100% of the money it's likely to spur the economy more so than if consumers spent the money as they would save a small portion of it.

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by dragondad View Post
    Like the quote says...what do you think they are going to do with the money from the Cap and Trade program ....burn it on the WH lawn???

    If you knew about macroeconomics you would know that this revenue goes right back out into the economy.

    So it has no net effect of the economy.
    I must have missed this day in Econ 101, so humor me and explain exactly how you think this works.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by RightinNYC View Post
    I must have missed this day in Econ 101, so humor me and explain exactly how you think this works.
    Your right NYC, the money disappears from the country and is never spent on anything.
    and so it goes...

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by RightinNYC View Post
    I must have missed this day in Econ 101, so humor me and explain exactly how you think this works.
    Your right NYC, the money magically disappears from the country and is never spent on anything.
    and so it goes...

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by JakeFromWI View Post
    Your right NYC, the money disappears from the country and is never spent on anything.
    Why don't you refrain from mischaracterizing my position and actually try to answer the question?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by RightinNYC View Post
    I must have missed this day in Econ 101, so humor me and explain exactly how you think this works.

    Oh that's just me and this crazy Nobel prize winner in economics ....don't mind us!

    You've got Glenn Beck on your side.


    Is Obama relying too much on tax cuts? - Paul Krugman Blog - NYTimes.com


    ""Other things equal, public investment is a much better way to provide economic stimulus than tax cuts, for two reasons. First, if the government spends money, that money is spent, helping support demand, whereas tax cuts may be largely saved. So public investment offers more bang for the buck.""
    Last edited by dragondad; 09-17-09 at 06:23 AM.

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by JakeFromWI View Post
    Your right NYC, the money magically disappears from the country and is never spent on anything.
    Maybe he can tell about the Clinton years...You know when Clinton raised taxes (Which he did) and then the economy just collapsed? (Not!)

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by dragondad View Post
    Oh that's just me and this crazy Nobel prize winner in economics ....don't mind us!

    You've got Glenn Beck on your side.


    Is Obama relying too much on tax cuts? - Paul Krugman Blog - NYTimes.com


    ""Other things equal, public investment is a much better way to provide economic stimulus than tax cuts, for two reasons. First, if the government spends money, that money is spent, helping support demand, whereas tax cuts may be largely saved. So public investment offers more bang for the buck.""
    Thanks for proving that you don't have the slightest clue what you're talking about.

    (Hint: this quote in no way supports your claim that "If you knew about macroeconomics you would know that this revenue goes right back out into the economy. So it has no net effect of the economy.")
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by dragondad View Post
    Maybe he can tell about the Clinton years...You know when Clinton raised taxes (Which he did) and then the economy just collapsed? (Not!)
    I could also try to explain the difference between causation and correlation, but it appears that would be a losing battle as well.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by RightinNYC View Post
    Thanks for proving that you don't have the slightest clue what you're talking about.

    (Hint: this quote in no way supports your claim that "If you knew about macroeconomics you would know that this revenue goes right back out into the economy. So it has no net effect of the economy.")
    Yes it's proved because you say it is!

    I think I've read a version if this right wing argument five times today.

    The old standby...."No! You are wrong"...argument

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