Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (452991)	2/1/2009 9:29:20 AM
From: i-node	Read Replies (3) \| Respond to of 1571926

I'm also well aware of the Republican answer to that problem since Reagan, which is to "cut revenue". Reagan showed that cutting taxes in the correct ways increases revenue. The Republican idea of a "stimulus" is to just cut EVERYBODY'S taxes again. That seems to be their ONLY idea, just like it's been their only idea since 1980. Cutting taxes is the only stimulus that has been shown to work on a consistent basis. I believe most people would support the stimulus if it were in fact that. But when you have a huge proportion of it that is crap like free health insurance, like extended unemployment benefits, like food stamps, this isn't stimulus. This is recreating the welfare state that nearly killed us 20 years ago. If it was New Deal-type stimulus, I think people would be embracing it. But the American people, when they see what's going on here, do not want it. We're apt to get it, but we don't want it.

To: RMF who wrote (452991)	2/1/2009 12:40:10 PM
From: bentway	2 Recommendations Read Replies (1) \| Respond to of 1571926

"The Republican idea of a "stimulus" is to just cut EVERYBODY'S taxes again. That seems to be their ONLY idea, just like it's been their only idea since 1980." What's really amazing is, it works for ANY conceivable situation, according to them. Budget surplus? It's YOUR MONEY - tax cut! Budget deficit? Let's "grow our way out of it" - tax cut! Financial apocalypse? - stimulate with a tax cut! I think people are catching on..