http://finance.yahoo.com/news/nonpartisan-tax-report-withdrawn-g-144808999.html
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reaper1948 wrote:http://finance.yahoo.com/news/nonpartisan-tax-report-withdrawn-g-144808999.html
reaper1948 wrote:http://finance.yahoo.com/news/nonpartisan-tax-report-withdrawn-g-144808999.html
Dreamsglore wrote:reaper1948 wrote:http://finance.yahoo.com/news/nonpartisan-tax-report-withdrawn-g-144808999.html
We already knew that when the Bush Tax cuts were extended and they didn't do one iota for the economy. You have to be a moron to believe cutting taxes 20% is going to stimulate the economy and fix the deficit.
PkrBum wrote:How do you decrease something required for something to grow... and expect it to grow better?
Dreamsglore wrote:PkrBum wrote:How do you decrease something required for something to grow... and expect it to grow better?
How do you expect the deficit to shrink?
2seaoat wrote:When objective agencies who have been vested with creating non partisan standards to guide and measure how congress is doing is attacked.....we have a problem Houston. The whole issue of tax cuts vs growth is skewed. Both sides think they are right. In fact both sides are right.....and both are partially wrong.
I think serious economist understand that with the complexities of our current global system, there are few simple answers which involve tax increase vs tax decrease. We need to see an optimum blend or mix of the two. We have tried 40 years going in the opposite direction of the New Deal, and these policies somewhere in the late 80s went too far into cutting taxes and recklessly expanding government spending. The truth is that revenues must be raised. This should be very specific revenue increases. Likewise across the board cuts in government is boneheaded stupid. We actually should be spending more money in certain areas to save money, and we should be making drastic cuts in other areas....not nominal cuts or across the board cuts which do not only cut fat but meat. We simply have to be more sophisticated in our politics and bring less emotion and more intelligent in our choices. Political dogma is not the answer. Common sense is the answer.
PkrBum wrote:Why isn't 2+ TRILLION enough to run the federal govt? What makes you think 3 or 4 TRILLION would be enough?
I don't see anything that convinces me that the govt or fed reserve has any intention of significantly shrinking size or scope.
Dreamsglore wrote:PkrBum wrote:Why isn't 2+ TRILLION enough to run the federal govt? What makes you think 3 or 4 TRILLION would be enough?
I don't see anything that convinces me that the govt or fed reserve has any intention of significantly shrinking size or scope.
http://economix.blogs.nytimes.com/2012/01/06/under-obama-a-record-decline-in-government-jobs/
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