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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (58271)1/29/2009 7:25:56 PM
From: tonto3 Recommendations  Respond to of 224759
 
Kenneth, let us know when someone gives you the answer...guess you must of slept through the low level econ courses...



To: Kenneth E. Phillipps who wrote (58271)1/29/2009 9:14:49 PM
From: lorne2 Recommendations  Respond to of 224759
 
ken..."Lorne, saving money does NOT stimulate the economy. That is why tax cuts are a poor way to stimulate the economy. Some of the money is saved rather than spent."....

I know that..look where did I lose you. And I disagree with this one part of your comment...tax cuts do IMO stimulate the economy...like Bush did. :-) Bugs you right?

This is what I have said to you>>.

Is there some law that requires people to spend the money rather than save it or pay off already owing debt?
Message 25368088

And if smart people use money to pay some debts? How does this stimulate the economy?
Message 25367325



To: Kenneth E. Phillipps who wrote (58271)1/29/2009 9:40:34 PM
From: lorne3 Recommendations  Respond to of 224759
 
Ken, you stated...."Lorne, saving money does NOT stimulate the economy. That is why tax cuts are a poor way to stimulate the economy. Some of the money is saved rather than spent.....

Holy crap ken somebody better tell king obama about this terrible mistake on his part..maybe you could clue him in?

Economic Stimulus Tax Cut Package 2009
by Four Pillars on January 23, 2009

...."President Obama has proposed an economic stimulus tax cut package for 2009 which contain about $275 billion worth of tax cuts to individual tax payers as well as businesses. The idea behind this money is to promote individual spending as well as business spending and job creation. The large amount of the tax cuts is partially due to the need to get Republican support for stimulus package."...
four-pillars.ca