I am not an absolutist. I am not a libertarian
And you are certainly not an economist.
You don't have to be an economist. Just to have common sense which socialists lack because their beliefs are based on the ideology of Karl Marx. Basic laws of supply and demand are as old as the Bible.
I assume you know this, but just in case....not all socialists base their beliefs on the ideology of Karl Marx. That would include Bernie Sanders, for example, who is a self-described democratic socialist.
Nope! It does not work well and it never has. This is just a case of when something false is said over and over enough times, some people start to believe it without actually checking the facts. If you can find evidence of the tax cuts stimulating the economy for any time other than a VERY temporary bump on this chart, feel free to point it out. It looks to me like GDP growth is steady regardless of tax rates, or even declining after the Bush tax cuts.
I'm not sure I agree with the premise that putting more money in the consumers
pocket doesn't benefit the economy in a stimulating manner. Sending it to DC instead
certainly doesn't stimulate economic activity and none of it ever goes to debt reduction
so that's a moot argument.Just from a moral standpoint, isn't allowing a worker to enjoy more of the fruits of their
labor the right thing to do?The real stimulis is leaving capital in the hands of businesses and giving them an incentive to use it productively. That is the very thing the left rails againt. We already have the highest corporation tax in the industrial world. Lower that and business will take off.
I find it interesting that many Liberals scoff at the idea that additional money in consumers pockets as a result of tax cuts do little or nothing to stimulate economic activity. But on the other hand, additional money in consumers pockets from raising the minimum wage would. Doesn't square up.
Many conservatives scoff at it as well. Go figure.
Nope! It does not work well and it never has. This is just a case of when something false is said over and over enough times, some people start to believe it without actually checking the facts. If you can find evidence of the tax cuts stimulating the economy for any time other than a VERY temporary bump on this chart, feel free to point it out. It looks to me like GDP growth is steady regardless of tax rates, or even declining after the Bush tax cuts.
I'm not sure I agree with the premise that putting more money in the consumers
pocket doesn't benefit the economy in a stimulating manner. Sending it to DC instead
certainly doesn't stimulate economic activity and none of it ever goes to debt reduction
so that's a moot argument.Just from a moral standpoint, isn't allowing a worker to enjoy more of the fruits of their
labor the right thing to do?The real stimulis is leaving capital in the hands of businesses and giving them an incentive to use it productively. That is the very thing the left rails againt. We already have the highest corporation tax in the industrial world. Lower that and business will take off.
I find it interesting that many Liberals scoff at the idea that additional money in consumers pockets as a result of tax cuts do little or nothing to stimulate economic activity. But on the other hand, additional money in consumers pockets from raising the minimum wage would. Doesn't square up.
It only helps the economy if it gets spent.
What's your point? If your taxes got cut you wouldn't spend any of that money?
The wealthiest don't. They have big bank accounts because they don't need to spend all their money.
Nope! It does not work well and it never has. This is just a case of when something false is said over and over enough times, some people start to believe it without actually checking the facts. If you can find evidence of the tax cuts stimulating the economy for any time other than a VERY temporary bump on this chart, feel free to point it out. It looks to me like GDP growth is steady regardless of tax rates, or even declining after the Bush tax cuts.
I'm not sure I agree with the premise that putting more money in the consumers
pocket doesn't benefit the economy in a stimulating manner. Sending it to DC instead
certainly doesn't stimulate economic activity and none of it ever goes to debt reduction
so that's a moot argument.Just from a moral standpoint, isn't allowing a worker to enjoy more of the fruits of their
labor the right thing to do?The real stimulis is leaving capital in the hands of businesses and giving them an incentive to use it productively. That is the very thing the left rails againt. We already have the highest corporation tax in the industrial world. Lower that and business will take off.
I find it interesting that many Liberals scoff at the idea that additional money in consumers pockets as a result of tax cuts do little or nothing to stimulate economic activity. But on the other hand, additional money in consumers pockets from raising the minimum wage would. Doesn't square up.
It only helps the economy if it gets spent.
What's your point? If your taxes got cut you wouldn't spend any of that money?
The wealthiest don't. They have big bank accounts because they don't need to spend all their money.
Oh.
Just from a moral standpoint, isn't allowing a worker to enjoy more of the fruits of their
labor the right thing to do?
I would absolutely agree with this. But since 2000, worker productivity has gone up, the middle class is shrinking, poverty levels are rising, and more and more of the wealth is concentrated in the top 1%. Is there nothing wrong with that side of the coin?
Just from a moral standpoint, isn't allowing a worker to enjoy more of the fruits of their
labor the right thing to do?I would absolutely agree with this. But since 2000, worker productivity has gone up, the middle class is shrinking, poverty levels are rising, and more and more of the wealth is concentrated in the top 1%. Is there nothing wrong with that side of the coin?
I'd love to get my hands on some of it, but I'd settle for a nice tax cut.
I am not an absolutist. I am not a libertarian
And you are certainly not an economist.
You don't have to be an economist. Just to have common sense which socialists lack because their beliefs are based on the ideology of Karl Marx. Basic laws of supply and demand are as old as the Bible.
I assume you know this, but just in case....not all socialists base their beliefs on the ideology of Karl Marx. That would include Bernie Sanders, for example, who is a self-described democratic socialist.
All socialism is based on the ideas of Karl Marx. Democratic Socialism is not actually socialism.
Just from a moral standpoint, isn't allowing a worker to enjoy more of the fruits of their
labor the right thing to do?I would absolutely agree with this. But since 2000, worker productivity has gone up, the middle class is shrinking, poverty levels are rising, and more and more of the wealth is concentrated in the top 1%. Is there nothing wrong with that side of the coin?
The question isa what to do about it. Liberals (real liberals not those who call themselves that) believe that freeing up capital to spur growth is the best way, socialists believe wealth should be confiscated from the wealthy and given to others. Of course today's government won't even do that. It will simply confiscate it and waste it dragging the economy and doing nothing to help the poor besides.
I am not an absolutist. I am not a libertarian
And you are certainly not an economist.
You don't have to be an economist. Just to have common sense which socialists lack because their beliefs are based on the ideology of Karl Marx. Basic laws of supply and demand are as old as the Bible.
I assume you know this, but just in case....not all socialists base their beliefs on the ideology of Karl Marx. That would include Bernie Sanders, for example, who is a self-described democratic socialist.
All socialism is based on the ideas of Karl Marx. Democratic Socialism is not actually socialism.
I ideas of socialism existed way before Karl Marx was born.
I am not an absolutist. I am not a libertarian
And you are certainly not an economist.
You don't have to be an economist. Just to have common sense which socialists lack because their beliefs are based on the ideology of Karl Marx. Basic laws of supply and demand are as old as the Bible.
I assume you know this, but just in case....not all socialists base their beliefs on the ideology of Karl Marx. That would include Bernie Sanders, for example, who is a self-described democratic socialist.
All socialism is based on the ideas of Karl Marx. Democratic Socialism is not actually socialism.
I ideas of socialism existed way before Karl Marx was born.
Modern socialism is based on the idea of class conflict. This is the basic premise of Marx.
