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07-28-2008, 09:24 PM
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#11
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RnR Member
Join Date: Sep 2007
Posts: 14,011
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Re: Good job George!!!
Quote:
Originally Posted by Nerv14
Tax cuts are only good if they don't cause defecits. Even if there is a tax cut, it doesn't reduce the size of the government or give the people more money (because of inflation) unless the government's spending is cut.
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Tax cuts are always good. Without a central bank it would force spending cuts to follow.
Quote:
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It is true that infaltion is one of the most deadliest things for an economy though, which can be caused by tax cuts without spending cuts. (but the fed is a bigger culpret)
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The Fed is the only culprit there is. |
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08-07-2008, 12:38 PM
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#12
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Senior Member
Join Date: Jun 2007
Location: Blue Heaven
Posts: 3,299
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Re: Good job George!!!
Quote:
Originally Posted by Inkslinger
Well, at least the righties will pawn that on off on Obama.....
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highly doubtful.McCain Maybe. |
Life and Death are in the power of the Tongue
" We are heading in the direction of a National Championship" Butch Davis
"Josephine, you're so good to me and I know it ain't easy, Josephine you're so sweet you must taste just like sugar...Tangerine" J. Dylan
Thomas said to Him,"My Lord and my God!"
Then Jesus told him,"Because you have seen me, you have believed;blessed are those who have not seen and have believed."
All you Peppers haters can pound salt, Thanks Julias!
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08-07-2008, 12:44 PM
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#13
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Senior Member
Join Date: Dec 2006
Location: In the Fascist Dictatorship once known as the USA!!
Age: 50
Posts: 36,086
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Re: Good job George!!!
You people need the whole picture, let me help you out.
Richard Viguerie: Bush White House Hides True Scope of Federal Deficit
Quote:
MANASSAS, Va., July 29, 2008 /PRNewswire-USNewswire via COMTEX/ -- The following is a statement by Richard A. Viguerie, Chairman of ConservativeHQ.com, regarding the White House projection of a $482 billion deficit for Fiscal Year 2009:
"The White House has issued figures indicating that President Bush and his enablers in Congress will leave his successor with a budget deficit of $482 Billion for Fiscal Year 2009, which is a record. How's that for a legacy?
"As shocking as this deficit figure is, that's still not the true scope of our budget woes because it excludes $80 billion in war costs and $227 billion borrowed from the Social Security Trust Fund.
"The real budget deficit is therefore $789 billion.
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Once you understand EVERYTHING is a lie then you will make progress toward the truth! |
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08-07-2008, 03:54 PM
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#14
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RnR Member
Join Date: Jun 2008
Location: S.C. low country
Age: 61
Posts: 2,052
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Re: Good job George!!!
Quote:
Originally Posted by Nerv14
I don't know why people, even now, support Bush's tax cuts. Cuts in taxes can only happen after cuts in spending. Any tax cuts that cause defecit spending only serve to harm the economy in the long run, unless of course they are incredibly short lived. That supply side economic thinking normally doesn't work if defecits are involved.
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Actually the deficit, if you count off budget items, is closer to 800 billion.
What the hell, it really doesn't matter anymore, now does it?
If you taxed everyone at 100% you would not generate enough revenue to cover expenditures. |
Right now I'm having amnesia and deja-vu at the same time.
I think I've forgotten this before.
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08-07-2008, 03:57 PM
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#15
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RnR Member
Join Date: Jun 2008
Location: S.C. low country
Age: 61
Posts: 2,052
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Re: Good job George!!!
Quote:
Originally Posted by Inkslinger
Not that I'm aware of... I really have no time for other forums. I went to BG's site the other day but there was nothing but tumbleweed blowing around. I thought about asking him if he wanted to pay me to become a member and boost the ratings.....
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It is sorta lonely over there but I post anyway, who knows it may become a bustling site one day. |
Right now I'm having amnesia and deja-vu at the same time.
I think I've forgotten this before.
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08-07-2008, 04:04 PM
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#16
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RnR Member
Join Date: Jun 2008
Location: S.C. low country
Age: 61
Posts: 2,052
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Re: Good job George!!!
Quote:
Originally Posted by michaelr
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Maybe one day the people will come out of this coma and realize things have changed.
YouTube - Bob Dylan - Things Have Changed |
Right now I'm having amnesia and deja-vu at the same time.
I think I've forgotten this before.
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08-07-2008, 05:21 PM
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#17
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Senior Member
Join Date: Dec 2007
Location: Australia
Posts: 1,872
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Re: Good job George!!!
There are a lot of aspects to this - simply to reign in expenditure America will have to leave Iraq and once it does it has the same problem that the end of WWII had - lots of excess workers and no jobs to go back to.
In a recession economy where are the soldiers currently employed in Iraq going to get jobs?
George has been happily signing free trade agreements but not all of those favour America - so the infrastructure is not there because competition has wiped a lot of it out
Then there is the loss of America as a leading innovator and researcher. Once upon a time "invented in America" was so common that it became cliched - now it seems that many other countries are taking up that mantle.
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This sad little lizard told me that he was a brontosaurus on his mother’s side. I did not laugh; people who boast of ancestry often have little else to sustain them. Humouring them costs nothing and adds to happiness in a world in which happiness is always in short supply.
R. A. Heinlein
At present, the internet allows one to claim anything, relationship to royalty, physical attributes and expertise they do not have...........
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08-07-2008, 06:15 PM
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#18
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Senior Member
Join Date: Apr 2007
Posts: 5,048
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Re: Good job George!!!
Quote:
Originally Posted by Bowerbird
There are a lot of aspects to this - simply to reign in expenditure America will have to leave Iraq and once it does it has the same problem that the end of WWII had - lots of excess workers and no jobs to go back to.
In a recession economy where are the soldiers currently employed in Iraq going to get jobs?
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Thats a brilliantly interesting point. Except its not just soldiers this time, but the large contingent of ancilliary civilian staff as well, which have zero claim on government welfare.
Will Iraq / Afghanistan become social welfare by proxy? |
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