SI
SI
discoversearch

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 (495276)7/14/2009 11:58:26 PM
From: tejek  Respond to of 1577194
 
> you need to understand all the BS theories that Rs have been putting out for decades have been discredited

Except there is a long history of the use of tax cuts to help turnaround economies while there is no evidence that wild spending has any positive effect.


There is no definitive proof except that which is put out by partisan economists to fool a naive public. In fact, its not even logical. In times of economic crisis, people save their cash rather than spend it. That's what makes recessions retrenchments. Its not that that many more people are out of work....maybe a couple of percentage points more. Its the psychology that has people freaked out. So whether you provide tax cuts to individuals or to corps., they stash the money away for when times get better. Its why employment lags a recovery...employers are reluctant to hire more people until they are sure better times are coming. Its why when Bush handed out cash to people a year ago, there was little benefit to the economy. Tax cuts are a scam Rs have put over an unsuspecting public to help the wealthier members of the party get richer. You know it and I know it....so drop the pretence.