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it doesnt do shit basically to help the economy but it helps republicans get reelected.
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Originally Posted by Barefootsies
Exactly right.
That bullshit is just economic theory that does not work, especially in an economy like ours currently. Much less for SMALL business. I think BIG business would actually care more about such things.
You want to actually do something? Change the fucking tax laws. Eliminate capital gains, death tax all together. Tax the rich. Base taxes more on the 'sales' then income. If the economy is rocking, lots of money. People are not buying? Neither is the government.
That is how it works for the average Joe. If you do not have money, you can not spend it.
Then hammer companies who took their operations over seas, and import. Eliminate ALL tax shelters for corporations so they actually HAVE to pay their taxes. Give breaks to companies in the U.S. and on U.S. soil.
You will see a mass influx of jobs coming back to the states.
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This was close to what I was going to say.
For 20 years I have watched countless Governments tell the voters they will cut taxes, deliver the same or more services and all this would be paid for by extra money coming into the system. Now we know how well it worked and they were either clueless or lying.
Because the growth in the economy that was going to pay for everything was an inflated growth on over valued commodities. Plus loans and debt. California in debt shows you how well these guys can manage an economy. But look at these people, which one of them is losing their homes? The bosses of the companies that got us into this shit have had their wages capped at $500,000. Tough life for them!!!!!
Even today they are all screaming no to protectionism. Too fucking scared China might ask for their money back. The only think that will get this mess cleared up is if we sell as much as we buy.
Creating jobs is good if those jobs lead to more jobs in the Country. Creating jobs that move the money out of the Country is exporting wealth. The guys who tell you it's the way forward are not the ones losing their jobs.