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Thread: Tax cuts bring back American jobs and help make America great again.

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    Re: Tax cuts bring back American jobs and help make America great again.

    The right wing only complains about affirmative action for capitalism, not the franchise.

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    Re: Tax cuts bring back American jobs and help make America great again.

    Quote Originally Posted by Xelor View Post
    Red text: Yes, I guess that's what it is. Sad because econ isn't really all that hard to "get."
    Economics IS hard to get. The problem is that most people think economics is "just common sense". It's not common sense at all, it's a learned subject. Most people have never taken an economics class, and if they did, it was most likely taught by a high school PE teacher who has never taken a class in economics.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Tax cuts bring back American jobs and help make America great again.

    Quote Originally Posted by Bullseye View Post
    Only if that President happened to get a tax revision passed in 2017 that went into effect in 2018,

    Nor are your powers of observation. How many companies gave employees raises, bonues, and improved benefits packages under Obama?
    Lot's of companies gave employee raises, bonuses and improved benefits under Obama. They just didn't issue press releases about it.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Tax cuts bring back American jobs and help make America great again.

    This is what tax cut economics is getting us:

    U.S. National Debt Clock : Real Time

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    Re: Tax cuts bring back American jobs and help make America great again.

    Quote Originally Posted by imagep View Post
    Economics IS hard to get. The problem is that most people think economics is "just common sense". It's not common sense at all, it's a learned subject. Most people have never taken an economics class, and if they did, it was most likely taught by a high school PE teacher who has never taken a class in economics.
    I agree that it's not "just common sense." And the extent of economics one needs to adequately comprehend "everyday" public policy -- mostly principles and a touch of intermediate macro and micro -- isn't hard. As a major, yes, it's a hard major (or graduate program, for that matter), mainly because all its concepts are related, interact with one another and one must be quite good at discerning which one(s) predominates in any given situation, and most especially (during one's study of the subject) in the exam questions professors pose. Many an econ student stumbles because they want to think about the outliers and exceptions, about what they'd do, or what someone might do, and they tend to be adept at conjuring such notions, but the discipline is about the norms of behavior, namely rational behavior in the face of scarcity. The rational part is another difficulty for not a lot of folks actually are.
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    Re: Tax cuts bring back American jobs and help make America great again.

    Quote Originally Posted by imagep View Post
    Economics IS hard to get. The problem is that most people think economics is "just common sense". It's not common sense at all, it's a learned subject. Most people have never taken an economics class, and if they did, it was most likely taught by a high school PE teacher who has never taken a class in economics.
    Not only that, but if you lined all of the experts in economics up end to end, they would all point in different directions.
    "The greatest enemy of knowledge is not ignorance. It is the illusion of knowledge" Stephen Hawking

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    Re: Tax cuts bring back American jobs and help make America great again.

    Tax cut economics is doing nothing for infrastructure.

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    Re: Tax cuts bring back American jobs and help make America great again.

    Quote Originally Posted by Dittohead not! View Post
    anyway, that's the theory:
    Yeah, well, so much for theory.

    Here's mine. Put taxation back up to into the nineties (percent) and use the additional income to give our children free Tertiary Education - because that is where the rest of the developed/developing world has gone.

    If we want to compete in this Brave New World of the Information Age - and as regards educational attainment, we are no longer competing - we need that level of post-secondary education to do so ...
    Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them; then neither persons nor property will be safe. (Frederick Douglass)

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    Re: Tax cuts bring back American jobs and help make America great again.

    Tax cut economics means we need to start winding down our alleged wars.

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    Re: Tax cuts bring back American jobs and help make America great again.

    Quote Originally Posted by Dittohead not! View Post
    So, when the economy in general is up, it is not due to the tax cuts, nor is it due to anything that the current administration has done.
    Not unless the trend that existed before the change, changes. Six months after the tax cut went into effect, the stock market is slightly lower than it was just prior to the cut. Job creation throughout the Trump administration has remained at roughly the same level it was during Obama's last few years. the Workforce Participation Rate is actually slightly lower now than when Trump took office.

    There is absolutely not one shred of evidence that the Trump presidency has improve our economy beyond that it would have been if Obama was elected to a third term.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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