Honestly, it shows that if you put more money in the hands of the people that it WILL stimulate the economy and would greatly help us out of this recession.
The same basics would apply here as well. If you cut taxes and people get more of their own money they wil spend more money. Why do you keep insisting that the government is so much smarter than us and that they know better where to spend OUR money???
Oh, and the SCARIEST part of this whole thing.... Nancy Pelosi is already saying a SECOND SPENDULUS MIGHT BE IN ORDER!!!! Is this woman out of her F***ING mind???
Capitalism works better when you get a lot of people at the top thinking like Henry Ford, rather than Barnum & Bailey. If you cut taxes when consumer confidence is low, spending will not increase in like amounts. Therefore the economy will suffer. If you cut taxes when consumer confidence is high, that money will be spent, and the economy will do well.
I'm familiar with the limited choices from my banking days back in the 80's Duty, I can sympathize with your frustration on that point. Hopefully a time will come again when we are reading up on M&A's and dreaming of good returns and listning to David Faber and Michael Haynes tell about the next great company and their products and how many jobs are being created and personally I don't care if the President is a Republican or a Democrat when this happens. I can't imagine anyone would turn down prosperity because of political affiliations.
You're probably right... you understand the economy way more than the mass of professional economists who disagree with you (not to be confused with market analysts... that's micro-econ.. focus.. focus...)
I hate to see the road/bridges argument for one reason ...even if we were in the middle of a boom time economy, right now our roads and bridges really do suck, I get to witness it every workday of my life and believe me some of it is pitiful. I may not whole heartedly agree with the why but I do hope to reap the rewards of the finished product, less tire wear,front end alignments and paint chips plus the wear and tear on my back and i'm not exactly an old timer either...JMHO ...
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