Prove that it is at this Utopian low less political promotion.
Naw, the insane spending carries out the Cloward-Piven strategy better than anything.
Zer0 is getting exactly the results he wants.
In the face of the vast majority of our national difficuties, I like to recall the words of the Great Ronaldus Maximus: “Government is not the solution to our problems; government IS the problem.”
Tax Cuts Might Accomplish What Spending Hasn’t
Tax cuts won't accomplish crapola, and that malignant neocon GREGORY MANKIW knows it.
Prosperity will not return until parasititic trade policies that undermine our domestic industries are reversed.
Surprised the slimes published this.
“might”?
You think maybe a business might want to hire if it had a reduction in rates or a revival of the Investment Tax Credit versus “spending” for such worthwhile projects as a commie “artist” with a bottle of urine?
Well, duh.
And here's how to "fix" the housing market and, through that, the real economy: here.
“To be sure, there are some positive signs, like reduced credit spreads, gross domestic product growth and diminishing job losses.”
The odd part is that these are also lies that the Leftist Media continually Goebbels-Pravda=-ize.
Reduced credit spreads are due to a crater being found by speculators that is finally meeting the significantly lowered asking prices of equities and real estate...including offshore foreign weatlh funds buying up our cheap assets.
Two, GDP is not growing but in Government spending, meaning there are more non-revenue producing jobs being filled while the industries that pay for them (real GDP earneres) are being pushed out...all with a giant Chinese Visa card. Bureaucrats borrow via Treasury notes to pay themselves and other people that work for Federal, State and local govenments. We issue debt to pay the salaries, bonuses, retirements and benefits of every toll taker, state college janitor and cop in the US, for life.
Job losses slowing? You mean using a 3-day week (Thanksgiving) to extrapolate job loss data? Rush de-bunked the MSM’s overt try to spin horrific job losses and continued taxation, regulation and litigation threats (plus unionization) towards small and family business.
The Commies are in full attack mode, and even though the NYT shows that it understands Obama’s failures, it even ignores the real failure of EVERY Liberal program ever set forth.
At this point, much of the government imposed expenses upon business are hidden as absurd safety and environmental regulations. To the extent that in manufacturing those items exceed payroll.
I do not believe the economy can recover without roling those back at this point. Expect much political infighting.
You don’t say! You mean to tell me that tax CUTS cause economic growth?! Astonishing! I am absolutely flabbergasted.
Funny that the New Yeccccch Slimes is just getting the memo that us Conservatives have known since .. well .. forever (Me back to the early 80’s when Reagan did it).
The stupidity of the Fourth Estate .. or should I say, the Fifth Column .. is breathtaking!
Holy crap! NY Times ???
They then compared the policy interventions that succeeded — that is, those that were actually followed by robust growth — with those that failed.
The results are striking.
Successful stimulus relies almost entirely on cuts in business and income taxes.
Failed stimulus relies mostly on increases in government spending."
This is a HUGE statement for the NY Times to make. I cannot believe that it was published there.
Tax cuts are a lot like spending except with ACTUAL “stimulation” brought about by the freeing up of ACTUAL capital.
Let me add something to this -— TAX CUTS MUST BE MADE PERMANENT.
The one thing business CANNOT ABIDE BY is UNCERTAINTY. Take the stupid Death Tax for instance. It is supposed to be reset for ONLY ONE FREAKING YEAR and then goes back to what it was before. HOW THE HECK CAN ONE PLAN WITH THIS UNCERTAINTY HANGING OVER OUR HEADS ?
DO you think that business and individuals aren’t aware of the EXPIRING Bush tax cuts next year ?
So a mere tax cut won’t work if a few years later, congress or Washington gets taken over by some tax happy legislator REPEALS whatever tax cuts were put in place.
MAKE TAXES SIMPLE, FLAT AND PERMANENT. Banish UNCERTAINTY for businesses and tax payers. *THAT* will be the only one that works.
That’s my 2 cents worth.