Taxes and Economic Theory

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Author: [Politics] Topic: Taxes and Economic Theory
wallstreetcappers PM wallstreetcappers
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Posted: 3/9/2012 12:52:55 PM
Super PAC

This goes for ALL politicians, including our favored ones.

KOAJ PM KOAJ
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Posted: 3/9/2012 4:39:07 PM
QUOTE Originally Posted by Mikael99:

Well lets look back at the golden Clinton years. Taxes was way higher back then, but the fiscal house was in order.


when you take money from Social Security and pay the public debts down its easy to fool most people

however intergovernmental holdings and debts flew during the 90s. slick willie was quite slick and newt signed off on it all
be easy PM be easy
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Posted: 3/9/2012 6:29:23 PM
but the fiscal house was in order


I think part of the "problem" here is that we don't understand the process that leads to carrying a national debt. Our national debt, and budget deficits, are functions of our political system. Any country that is a net importer of goods, you have to offer something to the country that is exporting them to you. That's why people cry foul about the myth of the "Chinese credit card". Did You Know, China only recently passed Japan as the largest single foreign holder of USDebt

"back then, in the clinton years of orderly fiscal house, we had sub 1$ gas. What would todays economy look like with 30 barrel oil and sub 1$ gas? What would our budget deficits look like?

Also, the USCurrency is the world reserve currency. How structural are our current "problems" tied to USGov taking on more and more debt?
Swoop PM Swoop
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Posted: 3/10/2012 1:07:12 AM
Are the conservatives here willing to cut a BIG chunk out of defense spending?  They want less government except for when it involves spending on other countries affairs. 
canovsp PM canovsp
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Posted: 3/10/2012 2:18:33 AM
QUOTE Originally Posted by Swoop:

Are the conservatives here willing to cut a BIG chunk out of defense spending?  They want less government except for when it involves spending on other countries affairs. 

I want to keep their pay & benefits for all personnel but here are some ways to cut defense: 1) Bring all of the troops home from overseas bases. That will save billions in overseas pay. 2) No more nation building. Which probably means no more war. A thousand years ago when one side won a war the winning side gained the land and the losing side were made slaves if there were survivors. Now, if you win a war you have to stay and rebuild that country.
dl36 PM dl36
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Posted: 3/10/2012 3:31:46 AM
well with that theory then we should hope to be invaded and lose a war... and then have some other country rebuild us and help us be ready to police and protect ourselves... maybe even give us weapons and resources so that we can fight their enemies for them...

and once we got the loot we attack the people that just gave the weapons...
Ktrain PM Ktrain
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Posted: 3/10/2012 4:28:51 AM
Canovsp is a Ron Paul supporter!

Ron Paul 2012!
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canovsp PM canovsp
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Posted: 3/10/2012 4:47:15 AM
QUOTE Originally Posted by Ktrain:

Canovsp is a Ron Paul supporter!

Ron Paul 2012!

I like everything Ron Paul says. The only thing I worry about, as I mentioned before, is that we could lose some of our alliances around the world. I don't think it would happen if Paul was elected. I just think it's a possibility.
djbrow PM djbrow
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Posted: 3/10/2012 7:50:14 AM
QUOTE

Originally Posted by KOAJ:



when you take money from Social Security and pay the public debts down its easy to fool most people

Except every other administration did the same thing. Therefore the only true measure of fiscal responsibility is by comparative analysis.

 

djbrow PM djbrow
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Posted: 3/10/2012 7:52:51 AM
QUOTE Originally Posted by canovsp:


I want to keep their pay & benefits for all personnel but here are some ways to cut defense: 1) Bring all of the troops home from overseas bases. That will save billions in overseas pay. 2) No more nation building. Which probably means no more war. A thousand years ago when one side won a war the winning side gained the land and the losing side were made slaves if there were survivors. Now, if you win a war you have to stay and rebuild that country.

Yet you support Republicans who want to do the exact opposite.

Take your pick.

djbrow PM djbrow
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Posted: 3/10/2012 7:54:35 AM
QUOTE

Originally Posted by be easy:

but the fiscal house was in order


I think part of the "problem" here is that we don't understand the process that leads to carrying a national debt. Our national debt, and budget deficits, are functions of our political system. Any country that is a net importer of goods, you have to offer something to the country that is exporting them to you. That's why people cry foul about the myth of the "Chinese credit card". Did You Know, China only recently passed Japan as the largest single foreign holder of USDebt

"back then, in the clinton years of orderly fiscal house, we had sub 1$ gas. What would todays economy look like with 30 barrel oil and sub 1$ gas? What would our budget deficits look like?

Also, the USCurrency is the world reserve currency. How structural are our current "problems" tied to USGov taking on more and more debt?

High gas prices are not the cause of a recession but low gas prices are always a precursor.

FrontRowCenter PM FrontRowCenter
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Posted: 3/10/2012 9:59:27 AM

I believe we should fix all of the loopholes for corporations and lower the taxes to help grow the economy.  Cut, cap, and Balance!!!!!

Just like Marco Rubio says, we need more taxpayers, not higher taxes.  Listen to Marco Rubio. 

http://winteryknight.wordpress.com/2011/07/13/

The Connie Mack Plan to solve th debt Crisis

http://www.youtube.com/watch?v=PjmnEZijs1k

 

 

 

 

KOAJ PM KOAJ
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Posted: 3/10/2012 12:08:28 PM
QUOTE Originally Posted by djbrow:

Except every other administration did the same thing. Therefore the only true measure of fiscal responsibility is by comparative analysis.

 



agreed. other administrations haven't sold the world on a phony surplus
canovsp PM canovsp
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Posted: 3/10/2012 5:39:17 PM
QUOTE Originally Posted by djbrow:

Yet you support Republicans who want to do the exact opposite.

Take your pick.


If any of the candidates said "We need to stay in countries so we can rebuild them" then I would not support them.
be easy PM be easy
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Posted: 3/16/2012 7:27:34 PM
QUOTE Originally Posted by djbrow:

High gas prices are not the cause of a recession but low gas prices are always a precursor.





care to explain how that works? Any historical reference?
be easy PM be easy
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Posted: 3/21/2012 5:25:44 PM
QUOTE Originally Posted by be easy:





care to explain how that works? Any historical reference?




c'mon now, you went double light bulb on us,,,,,,
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