So! Cutting taxes DOESN'T increase tax revenue as the right claimed!

Discussion in 'Economics & Trade' started by Kode, Jun 14, 2017.

  1. james M

    james M Banned

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    govt taxes so it has money to spend or transfer like for SS. Inflation haas to do with monetary policy . Econ 101. Do you understand now?
     
    Last edited: Jun 14, 2017
  2. james M

    james M Banned

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    we have it because Repubicans want to tax and spend less so that people can be free of big liberal govt as our Founders intended
     
  3. VietVet

    VietVet Well-Known Member

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    It seems the GOP doesn't just reject science - as in rejecting global warming and evolution and even the age of the earth in millions of years, but they also have their own version of myth-based economics.
    I only took one college economics course, but I've read some economics texts, and they talk of government spending in terms of "guns vs butter" - domestic versus military spending. Domestic spending - "butter"- as for roads - pays multiple dividends - jobs in construction, boosting trade, reducing transportation costs, etc, and the benefit lasts for years - whereas "guns" - defense spending - has a one-time hit in jobs to build the weapons only.
    The GOP, being chicken-hawks, favor the "guns" and expect the benefits of "butter", but it doesn't work that way.
     
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  4. james M

    james M Banned

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    do you have any idea what your subject is?? Why not think about it and start a thread on it
     
  5. Jimmy79

    Jimmy79 Banned

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    The new deal extended the great depression. http://newsroom.ucla.edu/releases/FDR-s-Policies-Prolonged-Depression-5409
     
  6. Robert

    Robert Well-Known Member Past Donor

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    Kansas clearly has a vast spending problem.

    I wonder when Brownback got the law passed, did the media describe it as a rebuke for Democrats?
     
  7. Kode

    Kode Well-Known Member

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    No, not true. You're misquoting/misunderstanding the article. It says:

    "President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services," said Cole, also a UCLA professor of economics. "So he came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 percent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies."​

    It even says the economy "was poised for a beautiful recovery" but the policies of suspending antitrust laws damaged it.... not the programs to help the people who needed it.

    Didn't you read it?
     
    Last edited: Jun 14, 2017
  8. Jimmy79

    Jimmy79 Banned

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    I read it. And that was all part of the new deal.
     
  9. Kode

    Kode Well-Known Member

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    You're just trying to discredit FDR, –not find the truth. It says his New Deal had the economy "poised for a beautiful recovery". His programs of unemployment benefits, the CCC, the work programs for infrastructure, etc. was the right way to go. That is the sort of effort we need now. Roads, bridges, alternative energy installations, rapid transit utilizing the latest technology, etc.
     
  10. Jimmy79

    Jimmy79 Banned

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    I'm all for those programs and also a big far of Trumps push for apprenticeships instead of useless college courses.

    None of this changes the fact that I lumped the entire new deal together and didn't pick apart the parts I like and don't like.
     
  11. FreshAir

    FreshAir Well-Known Member Past Donor

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    you can live in a country where taxes are no longer needed, I prefer America, I prefer to have our courts, our streets, our police ect....
     
  12. FreshAir

    FreshAir Well-Known Member Past Donor

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    nonsense, were all Americans together, saying a entire party is the enemy is crazy talk
     
  13. FreshAir

    FreshAir Well-Known Member Past Donor

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    yes, but if when you were done with your ticket, you could give it to someone else for a price, the movie theater would go broke quick

    as the theater created more tickets, each ticket would be worth less and less
     
    Last edited: Jun 14, 2017
  14. Kode

    Kode Well-Known Member

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    You even quoted me saying "What we need now is a similar effort. That will "boost the economy" and I showed that the article says that type of approach, minus the dropping of antitrust measures which was an obvious mistake and wouldn't be repeated today, was poised to do the job. That's all I said as well.
     
  15. Jimmy79

    Jimmy79 Banned

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    Let's just makes sure the infrastructure program with shovel ready jobs doesn't just benefit failed union pension funds.
     
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  16. Kode

    Kode Well-Known Member

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    Agreed. If it does it will fail miserably.
     
  17. FreshAir

    FreshAir Well-Known Member Past Donor

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    that and make sure the materials come from US companies and not overseas
     
    Last edited: Jun 14, 2017
  18. Jimmy79

    Jimmy79 Banned

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    Would cost more but I think that cost can be excused.

    The big thing to me, offer an incentive for apprenticeships for those right out of high school. Teaching people a trade is far more beneficial way to spend tax money than just handing it out.
     
  19. FreshAir

    FreshAir Well-Known Member Past Donor

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    oh I agree, i would like to see more of those too

    we need to make it easier for those that want to work find good jobs
     
    Last edited: Jun 14, 2017
  20. Jimmy79

    Jimmy79 Banned

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    Seems like this should be easy. Any company that's going to get one of these contracts could be allowed to write off 200% of the wages earned by the apprentice for the first 2 years of employment.

    To go a step further, this same method could be used for the heavy equipment operators and even some civil engineer jobs.
     
  21. FreshAir

    FreshAir Well-Known Member Past Donor

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    why 200%, how about the gov just pay 50% of the employees wage, I am all for that

    and it has to be real, flipping burgers would not count

    if enough employees file complaints that they are not being trained, company is barred from program for 1 year
     
    Last edited: Jun 15, 2017
  22. Roon

    Roon Well-Known Member

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    I don't think you understand why these cycles happen. It actually has very little to do with capitalism and very much to do with central planning.

    I do realize that...and am perfectly fine with it. Voluntary interaction is always preferred to forced interaction regardless of the cost.
     
  23. Roon

    Roon Well-Known Member

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    Why wouldn't those things be able to exist in an environment with very limited taxes?
     
  24. Econ4Every1

    Econ4Every1 Well-Known Member

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    Trading efficiency for freedom?
     
  25. Roon

    Roon Well-Known Member

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    I am not sure I would call it trading efficiency....I would suggest that voluntary interaction is always more efficient. Also if you are going to suggest that governments or any large organization is efficient I am going to question your sanity.
     

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