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#41 (permalink) |
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Highly Enlightened
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Yes. None of that money would have been injected into economy therefore none of those contracts would have been created, nobody would have made any money, no jobs would have been saved or created and so on. It's really simple. Take away all the tax cuts and the amount spent so far out of circulation.
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#42 (permalink) | |
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Old School.
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The reason why its a rhetorical question is because we don't know. All we can look at are governments that have done similar things and every instance they lengthened their recession. You can't take a bucket of water out of a pool's deep end, pour it in the shallow end and expect the water level in the pool to rise. |
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#43 (permalink) | |
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Registered User
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edit: Also the type of people that would blow money in this economy are exactly the kind of people you don't want to be giving it to. Last edited by LuckyH : 11-06-2009 at 03:26 PM. |
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#44 (permalink) | |
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Highly Enlightened
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#45 (permalink) |
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Registered User
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Why pour money into a leaking bathtub when there's a tub right next to it that has no holes and has a garden hose already in it running full blast. I used to sell motorcycles, i can't imagine that's very high on most people's priority list right now. So pouring money into a dealership to create/save jobs probably wouldn't be the most effective plan ever conceived.
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#46 (permalink) | |
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Old School.
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#47 (permalink) | |
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Highly Enlightened
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#50 (permalink) |
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Registered User
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Ok let me get this straight, even if it didn't work in the late 70s early 80s, I guess the government is going to force it down our throats ..again.
The government rapes people in taxes and then decides to give it out as a "stimulus" (or wahtever the current catch phrase is) this takes money out of the hands of private citizens and funnels it into whatever pet/pork or other BS government project is out there. 1.The government continues to keep it's bloated budget 2. The money is taken out of circulation and is funneled into government project which benefits a focused few. 3. More money is printed increasing inflation. 4. The money is injected immediately or short term for instant return 5. the government through taxation and focusing the investment increases it's size and control over individuals. (thereby needing more money to run increasing the worst of everything) OR.. You lower taxes 1.This keeps more money in circulation so there is no net loss of it 2. You don't have to print more momey because there is more in circulation, lessening inflation 3.Private indiviuals, not the government chooses the investment methods which will build the economy long term 4. there is less government control over the country's wealth, which means a smaller governemnt, less money to run. Got it!
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#52 (permalink) | |
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Puppet Masturbater
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You're so FULL OF SHIT that I bet you have Brown eyes.
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#53 (permalink) | |
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Registered User
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![]() On a serious note. If the one tub theory were true, and they had to bail out companies so that the tub "didn't drain completely", then how come some of these companies claimed bankruptcy after being "bailed out" and yet somehow the economy didn't magically implode as they stated it would. http://www.youtube.com/watch?v=vW84wozJjzQ I like how he stated had they "allowed GM to liquidate" it would have been "anti stimulus". Although isn't that exactly what GM did with the government funded cash for clunkers program . They were able to liquidate a shit load of inventory that otherwise would have sat unsold.
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#54 (permalink) | |
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Highly Enlightened
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Cash for clunkers was a stimulus to get rid of all the cars that were sitting there and give a boost to the whole industry from car dealers to car makers and to the purchaser. Last edited by XYNaPSE : 11-06-2009 at 11:37 PM. |
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#55 (permalink) | |||
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Low-Rent Economist
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“The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.” - Alexis de Tocqueville |
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#57 (permalink) | |
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Highly Enlightened
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