Reich Tentatively Climbs On Board Obama Tax Cut Train
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I'm surprised no conservatives have made the "third Reich" joke yet.
Maybe they missed it.
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As economic crisis going on, Amercian are planning to distribute bonus?
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Recessions usually correct that behaviour and that is true right now. We need to let the market work at stop creating these credit bubbles with the Federal Reserve price fixing interest rates. If we stop punishing people for saving we might get somewhere.
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but arent Americans poor at saving?
i've heard that they like to spend alot :)
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The government thinks it can succeed where private citzens fail like Madoff. The government runs a debt ponzi scheme which will collapse eventually.
We don't need more spending, we need more saving. We are the world's largest debtor nation and we have a huge cumulative trade deficit. We have a phony service sector economy that is collapsing because 2/3 of it is spending. We have more banks and retail area than anywhere in the world. It's not sustainable.
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There are no tax cuts! Just increased future taxation because there is no corresponding reduction in government spending.
These Keynesians make me laugh. People should be saving money. That is the problem. There can't be real investment without real savings. You can't create capital out of a printing press.
If you want to know why there is a division of wealth then realize that if everyone spends all of their money it will go to the ownership class. If you save you reduce division.
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Guys watch it please before you judges us go to youtube search for - Pallywood
search for - Pallywood
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on top of the $500 that individuals would recieve, businesses will also recieve tax cuts, and perhaps tax rebates.
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tax cuts are a quick way to stop programs like welfare and social security.
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Not too good using a calculatortortor, but $300 billion spread over 300 million would be more like $1000 a pop than $500 a pop, wouldn't it?
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is obama gonna save us a bunch of money by cutting aid to israel? he could, but he wont...
achampag 3 years ago 4
UGOTDAJACK = blathering idiot with his head up his ass
integral 3 years ago 2