Welcome Guest [Log In] [Register]
We hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
Foreign Affairs debate; it still comes back to jobs and the economy
Topic Started: Oct 23 2012, 10:55 AM (1,347 Views)
Pat
Member Avatar
Fire & Ice Senior Diplomat
[ * ]
Brewster
Oct 24 2012, 12:37 AM
Pat
Oct 24 2012, 12:23 AM
You are questioning the wrong guy Joe, Romney is the guy with the plan. He has been running on it and offering hope to those Obama policies have left on the sidelines in misery. The guy you should be questioning is Barrack Obama, where the hell is his plan? And I'm not talking about the same BS he is floating, we already seen that in action and it did not work.
You are aware, Pat, that there is not an economist outside of the Right Wing Blogosphere that thinks Romney's plan makes any sense?

Offering false hope to a people in desperate need is a criminal offence, in my opinion.

And do you realize that most economists think that Obama's American Jobs Act would have been great for the economy, if only it could have got past the Republican-led House?

LINK
Yep, I'm aware of that Brew. Are you aware that economists also told us Obama's policies would work? Economists don't have a great track record to hang their hats on.
Offline Profile Quote Post Goto Top
 
ngc1514
Member Avatar
Moderator
[ * ]
jcapps
Oct 24 2012, 12:30 AM
Pat
Oct 24 2012, 12:23 AM
You are questioning the wrong guy Joe, Romney is the guy with the plan. He has been running on it and offering hope to those Obama policies have left on the sidelines in misery. The guy you should be questioning is Barrack Obama, where the hell is his plan? And I'm not talking about the same BS he is floating, we already seen that in action and it did not work.
Gullible comes to mind!

So Romney claims he can create 12 million jobs, has no plan that he has disclosed and people are dumb enough to believe that? Hell why not claim he can create 23 million?

BTW Pat Government does not create jobs, thats what you righties have been claiming the last 4 years
Twelve million Mormon missionaries, perhaps.

Offline Profile Quote Post Goto Top
 
Brewster
Member Avatar
Fire & Ice Senior Diplomat
[ * ]
Quote:
 
Are you aware that economists also told us Obama's policies would work?

Yes. And to the extent that they were ever allowed to be implemented as envisaged, they did.

Posted Image

Lord Knows how bad it would have been otherwise.

If you ask a few GM execs and workers, not to mention all the auto suppliers, I'm sure they could explain it to you.

I'm sure Boehner can explain to you why they didn't work better.
Offline Profile Quote Post Goto Top
 
Berton
Member Avatar
Thunder Fan
[ * ]
Posted Image
Offline Profile Quote Post Goto Top
 
tomdrobin
Member Avatar
Fire & Ice Senior Diplomat
[ * ]
Pat
Oct 24 2012, 12:09 AM
Tom, you hit on some good points but left out the key. If Mitt's five point program works, revenue will be streaming into the treasury like a river rather than a stream that was dammed up by the stagnation inherent with current anti business policies. I'm really surprised that you guys ignore the entire premise behind growing an economy. Or maybe I shouldn't be.

We have 23,000,000 people on the sideline and not earning a good living. Good livings as Romney has promised with 12,000,000 new jobs, mean 12,000,000 more people contributing to treasury and hundreds of thousands of new businesses doing the same.

Now you might call BS on Romney and his plan, but until we see it in action, there is no proof he isn't on to something. We already know what the current guy is capable of, if you want to laugh at someone or throw darts, why not target him?
You grow an economy by fiscal policy that is tailored to the problem you have. There is not shortage of investment capital. Companies and investors are sitting on it. Why? Because there is no demand. Why is there no demand? Because unemployment is high and wages have stagnated. Now cutting taxes is going to do little for those out of work and those not making enough to pay taxes anyway. The only thing it will do is cut government revenue exacerbating the deficit and increasing pressure to cut government spending. Which in turn will exacerbate the unemployment problem.

The GOP love their supply side economics. But, they completely ignore the Laffler curve that is cited as a justification for it. We are way below the tax rates that suppress economic activity. And, the only effect is to cut revenue.

http://en.wikipedia.org/wiki/Laffer_curve


The way to get out of this fix is for government to drive demand by spending like a drunken sailor, and taxing particularly the wealthy to pay for it. Just like the spending on war materials for WWII got us out of the great depression. Of course there are better things to spend money on than the military. Things like infrastructure and education and investments in science and technology. As long as we have this lopsided income and wealth economy with those at the top flush with cash, and those at the middle and bottom with very little the economy is not going to take off.
Offline Profile Quote Post Goto Top
 
Berton
Member Avatar
Thunder Fan
[ * ]
Are you contending that there is only one part of the Romeny plan, to cut taxes?



Offline Profile Quote Post Goto Top
 
tomdrobin
Member Avatar
Fire & Ice Senior Diplomat
[ * ]
Berton
Oct 24 2012, 02:48 AM
Are you contending that there is only one part of the Romeny plan, to cut taxes?



No, I was just illustrating the fallacy of the cornerstone of his policy.

He claims he will cut the deficit, while at the same time increasing spending on the military. The only way that works is huge cuts in other government spending. That in of itself will depress the economy.

The only way to fix this is to tax those who have most of the money to bring the deficit down and stimulate the economy. But, the Kochs have their suckers convinced that would be class warfare.
Offline Profile Quote Post Goto Top
 
Berton
Member Avatar
Thunder Fan
[ * ]
You still seem to be ignoring the rest of his plan. Why is that?
Offline Profile Quote Post Goto Top
 
tomdrobin
Member Avatar
Fire & Ice Senior Diplomat
[ * ]
Berton
Oct 24 2012, 03:03 AM
You still seem to be ignoring the rest of his plan. Why is that?
Perhaps you can list all of the 5 points and detail how each one of them is going work?

Good luck. :teeth:

I doubt you know much about any of them, other than what you can paste from some right wing blog or website. Ignorance fueled by bias is a pitiful thing. :tongue:
Offline Profile Quote Post Goto Top
 
Berton
Member Avatar
Thunder Fan
[ * ]
Posted Image

There is the overview. Do you want to start with the first one?

Or is that too complicated for you?





Edited by Berton, Oct 24 2012, 03:29 AM.
Offline Profile Quote Post Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
Go to Next Page
« Previous Topic · Fire And Ice General Discussion · Next Topic »
Add Reply

Website Traffic Analysis