Economic Stimulus 101
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Video Responses
This video is a response to Republican Whip Eric Cantor: "We Want to Hear From You"
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LETS LOWER TAXES FOR THE PPL THAT DONT NEED IT THE TOP 10% YESSSSSS! UR AN IDIOT MY FRIEND, JUST ANOTHER EXAMPLE OF WHY U SHOULD STOP MAKING VIDEOS. WTF R RICH PPL GONNA DO WITH TAX MONEY THEY DONT HAVE TO HAND OVER? SAVE IT WITCH DOES NOTHING TO MULTIPLY THAT MONEY BACK INTO THE ECONOMY. NOW A PROGRAM LIKE FOODSTAMPS MAKE SENSE BECAUSE 95% OF THAT MONEY GETS SPENT IN A MONTH, U CANT SAVE IT, ERGO ITS BEING INJECTED BACK INTO THE ECONOMY STIMULATING IT ALMOST 3 FOLD. SOMEONE TELL ME DIFFERENT
sactowncr1minal 1 year ago
Sorry, but taking money OUT of the economy to put into government will not work. You need to put money into the economy by lowering taxes and decreasing spending. Simple economics.
Rage2552 2 years ago
One of the most basic principles of keynesian Economics is to increase government spending during times of recessions and economic contractions
Another approach is classical economics which aims at preventing devaluationary spirals through increasing income; thus, production...
Dude, if you want to learn, just go to school...
shiznaw 2 years ago
exactly... as an individual you don't spend more money to get out of debt do you?
woobstoob 2 years ago
So tell me. How does more spending get us out of a recession?
It doesn't take a PhD to know that it doesn't work that way.
So who's the idiot?
Rage2552 2 years ago
I guess an economist teaching at Berkley having her PhD from MIT and knows about the Keynesian Economic Effect isn't good enough when compared to Rush Limbaugh...
you guys are idiots..
shiznaw 2 years ago