Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: reaganator; FromLori; ding_dong_daddy_from_dumas; mkjessup; stephenjohnbanker; genetic homophobe; ..
RE :”In the Economic Recovery Plan where are the corporate tax cuts, the capital gains tax cuts, the individual tax cuts, and the easing of government regulations and restrictions? They know these economic incentives work, ..

Silly you. Didn't you listen to democrats debate the stimulus plan? Jobs are created by increasing unemployment compensation (which means payroll taxing the employers more), more food stamps and tax credit checks to those that pay no taxes, especially those on social security. By paying people not to work and punishing employers for hiring. I documented this Keynesian economic liberal theory here (a series of condescending lectures) :

MSNBCs Rachel Maddow lecturing us on economics, jobs and how stimulus works in Early 2009

The only reason it looks like a failure (according to democrats) is :1) The GWB economy poor Obama inherited was even worse than liberals thought (back when they called it a Great Depression LOL) and 2) the Keynesian welfare stimulus package was not BIG enough. Paul Krugman said we needed about 3T in handouts to 'jumpstart' the economy. National debt??? No problem to Krugman, that humming economy would of made it possible to increase tax rates to doubled or tripled.

5 posted on 01/18/2010 5:56:09 AM PST by sickoflibs ( "It's not the taxes, the redistribution is spending you demand stupid")
[ Post Reply | Private Reply | To 4 | View Replies ]


To: sickoflibs
Keynesian economics dont work, and apparently Kenyansian economics dont work either.

Thank you for documenting all this. It must be hard listening to Maddow.

6 posted on 01/18/2010 6:02:31 AM PST by KC_Conspirator
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson