The stimulus boondoggle

Status
Not open for further replies.
jillio said:
Because we have tried it the other way, and ended up in the mess we are currently in.
Click to expand...
No, we haven't done a full-fledged tax relief and expenditure reduction in a long time. We've just played around with token tax cuts.

The answer to your question regarding social programs is quite simple, actually. Education, education, education. Empowerment, empowerment, empowerment. Removing socially created obstacles that limit ability to succeed.
Click to expand...
I have nothing against education and empowerment but funding for them doesn't belong in a bill for economic stimulus. I'm all for removing government obstacles to success.

Plenty of non-wealthy people hire other people. Time we gave the mom and pop business the same tax breaks afforded the corporations.
Click to expand...
Not in the large numbers that we need to snap out recession.

I'm not opposed to giving tax breaks to the small businesses along with the large corporations. All size businesses are paying too much tax.
 
Reagan's voodoo economics? hmmmm
 
Hear Again said:
...As far as others are concerned, they could always work as a janitor, cleaning lady or at McDonald's. It's a matter of getting past your pride instead of thinking that you're better than those who have minimum wage jobs.
Click to expand...
There are only so many of those kinds of jobs available. If things get real bad, employers will layoff people from the minimum wage jobs, too. Especially as employers will have to pay higher minimum hourly wages, they will force fewer workers to work harder to make up for those they fire.
 
Reba said:
There are only so many of those kinds of jobs available. If things get real bad, employers will layoff people from the minimum wage jobs, too. Especially as employers will have to pay higher minimum hourly wages, they will force fewer workers to work harder to make up for those they fire.
Click to expand...

That's true. Last week I built a kitchen to make it up to code, and my only pay was a reassurance of a certain amount of food at the establishment. *shrugs*
 
Beowulf said:
That's true. Last week I built a kitchen to make it up to code, and my only pay was a reassurance of a certain amount of food at the establishment. *shrugs*
Click to expand...
I think more people will begin working for barter.
 
Reba said:
There are only so many of those kinds of jobs available. If things get real bad, employers will layoff people from the minimum wage jobs, too. Especially as employers will have to pay higher minimum hourly wages, they will force fewer workers to work harder to make up for those they fire.
Click to expand...

God forbid if that happens, Obama will have to come up with a way to expand social programs to help those who have lost their jobs.
 
Hear Again said:
God forbid if that happens, Obama will have to come up with a way to expand social programs to help those who have lost their jobs.
Click to expand...

That is the problem! Expanding costs money. How do you think they will get the money (Taxes) if nobody is making money? It's the catch 22 they are trying to avoid.
 
Secretblend said:
That is the problem! Expanding costs money. How do you think they will get the money (Taxes) if nobody is making money? It's the catch 22 they are trying to avoid.
Click to expand...
Correct!
 
The economy's done.

Remember Fareed Zakaria's terminology, this is "The Post-American World?"

Or as Peer Steinbruck, German finance minister said, "the United States will lose its status as the superpower of the global financial system."
 
Byrdie714 said:
The economy's done.

Remember Fareed Zakaria's terminology, this is "The Post-American World?"

Or as Peer Steinbruck, German finance minister said, "the United States will lose its status as the superpower of the global financial system."
Click to expand...
It was bound to happen. Military superpower will be next to go.
 
Secretblend said:
That is the problem! Expanding costs money. How do you think they will get the money (Taxes) if nobody is making money? It's the catch 22 they are trying to avoid.
Click to expand...

It's not a catch-22. If former President Bush could find the money to spend $12 billion/month for the War in Iraq, Obama can find the money to create new social service programs.
 
jillio said:
More predictions of gloom and doom without evidence to support it?

History only repeats when those who refuse to learn from it keep doing the same things over and over.
Click to expand...

Gee, we don't think the same! I perspect it differently from yours. Sorry. :bye:
 
Status
Not open for further replies.
Back
Top