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: i-node who wrote (453252)	2/2/2009 10:52:35 AM
From: Road Walker	Read Replies (1) \| Respond to of 1571338

It is a liberal wild spending spree that will add a trillion to our national debt and give the country nothing in return. Sounds like the Iraq war. See what this thing looks like in the end. I don't like it right now either.

To: i-node who wrote (453252)	2/2/2009 11:17:55 AM
From: HPilot	1 Recommendation Read Replies (2) \| Respond to of 1571338

Throwing money at unemployment benefits, Medicaid, etc., is not an "investment" it is "consumption". Consumption will actuall boost the economy for a time. But without capital gains it is lost and then you are left with the debt. Then inflation, collapse, and then depression. That is we may have postitive GDP growth, but then the recession will be back worse than before, and that will grow to a depression.

To: i-node who wrote (453252)	2/2/2009 11:48:44 AM
From: combjelly	1 Recommendation Read Replies (4) \| Respond to of 1571338

"It is a liberal wild spending spree that will add a trillion to our national debt and give the country nothing in return." Are sure of this? Granted, there is pork in the bill. But, as a Republican you can't really complain about that. Pork-laden bills was your hallmark when you controlled Congress. Most of the examples being screamed over are penny ante stuff, not even up to the levels of the Bridge to Nowhere, and in a much bigger bill. Personally, I am not a huge fan of pork. But, a certain amount of it is part of the system. "The most stimulative thing you can do is to cut taxes, particularly, if you cut them in ways that will induce capital investment." No real proof of that being a general case, despite your chest beating. Supply side can work under the right conditions. We don't have them right now.

To: i-node who wrote (453252)	2/2/2009 12:38:30 PM
From: Alighieri	Respond to of 1571338

The most stimulative thing you can do is to cut taxes, particularly, if you cut them in ways that will induce capital investment. If you tell major corporations they will receive tax benefits by making investments NOW but that those benefits will be curtailed after a certain period, they're motivated to do it now. Wow...a new idea by the republicans. Tax cuts are very high latency if stimulative at all, and with shrinking earnings, lots of companies are not paying any. They could provide employers with an incentive to keep people on -- a "jobs" credit that would reimburse employers for most of what they pay employees for a short period of time. There are already including something like a tax credit for domestic job creation. There are many items in this bill that are not attractive, but the process is not complete...I am still hopeful that the bill will improve as it moves to enactment. Al