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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (575369)7/7/2010 7:04:41 PM
From: combjelly1 Recommendation  Read Replies (4) of 1583256
 
"But hey, keep believing that unemployment checks are "stimulus.""

Well, let's see. They get checks, then spend those checks.

But, that isn't a stimulus, at least according to Republicans.

Now, according to those paragons of economics brilliance, what would be a stimulus is a tax cut. To businesses. Which, for the most part, are sitting on their money because they have over-capacity and no sign of an increase in demand. So they can have even more money to not invest or hire with. So they more than likely will pay a bigger dividend. Which makes their stock more attractive to investors, and Wall Street scores big!

Doesn't do a thing for the economy, but at least the ones contributing to Republican campaign coffers are happy. And that is truly what it is all about, isn't it?
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