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Crimson Politics ^
| 2/16/09
| Brian Kane
Posted on 02/16/2009 4:05:51 PM PST by Crimson Politics
The economy is a very difficult subject to understand, everyone thinks their method is best. The problem being that the economy is such an open system that it is hard to determine for sure the best economic policy which would result in the best economy as well as the best society.
(Excerpt) Read more at crimsonpolitics.com ...
TOPICS: Business/Economy; Government
KEYWORDS: democrats; economy; porkulus; socialism
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Let's examine evidence, and point to what's right, rather than pointing to what's right, then looking for evidence of how we're right.
To: Crimson Politics
All evidence points to Political and Economic Freedom as critical to wealth creation.
2
posted on
02/16/2009 4:11:09 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
3
posted on
02/16/2009 4:12:23 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Economic and Political Freedoms go hand in hand:
4
posted on
02/16/2009 4:16:25 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Happily, there is more Freedom now, presuming the vertical axis is country count:
5
posted on
02/16/2009 4:18:48 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Common Culture also matters:
Helloooooo Comrade Juan McNuts!
6
posted on
02/16/2009 4:23:36 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Tax Rates also matter. Let's review the Laffer Curve:
7
posted on
02/16/2009 4:26:30 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Here's the detail of the peak of that Laffer Curve graph:
In case you want policy prescriptions for maximum growth.
8
posted on
02/16/2009 4:27:45 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Recall also that high marginal tax rates harm income to the Treasury. Smart Libs know this, but Tax Cuts don't win votes from their stupid lib constituents. So they go along with Tax Increases, knowing perfectly well they will harm the revenue that they can spend.
9
posted on
02/16/2009 4:30:39 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
We also know that the government's proportion of spending in the economy harms growth. Can you say "Porkuklus?" I knew you could.
10
posted on
02/16/2009 4:32:08 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Even Eurosocialists have figured out that high business taxes kill growth. They are reducing rates across the board, putting the U.S. at a disadvantage:
Where did Wall Street go? London.
11
posted on
02/16/2009 4:35:03 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
And, if you want the Stock Market to go up, cut the Capital Gains Tax Rates:
It is only the AFTER Tax returns that matter, so if you reduce the tax, the value goes up!
12
posted on
02/16/2009 4:36:48 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
But apparently, I’m the only guy who cares.
13
posted on
02/16/2009 4:37:21 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
But apparently, Im the only guy who cares.Not at all - good stuff. Struggling to read the charts on this screen because I have the resolution jacked up to 2560 X 1600 pixels.
14
posted on
02/16/2009 4:41:53 PM PST
by
meyer
(The left is flooding the ship - let's quit bailing water. We are all John Galt.)
To: Uncle Miltie
Okay, that was derivative of the Laffer Curve, which has a vertical axis of Revenue to the Treasury.
15
posted on
02/16/2009 4:47:47 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
More proof that lowering Corporate Tax Rates would improve income to the Treasury. Libs are truly cutting their noses off to spite their face.
Find the U.S. in the top left; exactly where you don't want to be.
16
posted on
02/16/2009 4:58:26 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Laffer Curve repeated, done on its usual vertical axis:
17
posted on
02/16/2009 5:01:55 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Cutting Taxes makes you a Reagan-Hero-Growth guy.
Raising Taxes makes you a Hoover-Loser-Depression guy.
Which is 0bummer?
18
posted on
02/16/2009 5:04:42 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
To: Uncle Miltie
Outstanding posts. Very informative. Thanks.
To: Uncle Miltie
Punishing investments with Capital Gains taxes is counterproductive. Cutting Capital Gains taxes (preferably to zero) are better. Here's the theory:
20
posted on
02/16/2009 5:09:08 PM PST
by
Uncle Miltie
(A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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