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Are we seeing a replacy of the economic mess of '81 and '82?
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MileHighBronco Offline
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Post: #81
RE: Are we seeing a replacy of the economic mess of '81 and '82?
(08-05-2011 12:58 PM)Redwingtom Wrote:  
(08-05-2011 12:56 PM)Rebel Wrote:  ...and moonbats, if you idiots are SO DAMNED RIGHT in your economic thinking, just a question for you,



WHY ISN'T IT WORKING!?

1. Tax cuts don't help the economy like you think.
2. The spending in the stimulus was not enough and the money spent by the states was not regulated enough to make sure it went directly to infrastructure spending.

Why not cut the crappola and get right to the main democrat talking point? Which is - "We didn't spend enough to get us out of trouble." Is Krugman your uncle?

Admit it, Tom. The stimulus money was really meant to stimulate and reward big Obama backers like the labor unions. Then there is outright theft and corruption which we all know won't be investigated. The people tasked with keeping track can't even account for where some of the money went.

After all this drama over the debt ceiling this past 2 weeks, what does the big O say right afterwards? He wants an increase in taxes. You can't fix stupid but the whole Obama approach to our debt and deficit problem is definitely "shovel ready" but it is not what you think on that shovel.
(This post was last modified: 08-06-2011 03:05 PM by MileHighBronco.)
08-06-2011 03:04 PM
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Redwingtom Offline
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Post: #82
RE: Are we seeing a replacy of the economic mess of '81 and '82?
Stop the presses...there is apparently cronyism in Washington. Who knew?
08-08-2011 09:10 AM
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Redwingtom Offline
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Post: #83
RE: Are we seeing a replacy of the economic mess of '81 and '82?
(08-06-2011 02:26 PM)Ninerfan1 Wrote:  
(08-06-2011 01:43 PM)Redwingtom Wrote:  Niner, you should probably investigate how many employes the average small business employs and also what the average small business earns before you continue to bury yourself.

I will post them on Monday for you.

But from memory I think it is around 100 grand with something less than 20 employees.

So basically you are dodging. Again. You can't answer the questions I put to you because to do so honestly would illustrate your flawed suppositions.

When you ready to man up and talk reality let me know.

Dodging what Niner? The majority of small business will not be hit by the Obamacare taxes because they don't employ enough people and they don't make enough money. That is a fact and makes your point moot. Therefore, there is nothing to answer!

Census Stats on Average Employees per Business (Including Small Businesses)

And I already showed you above that the average income for Sub S firms was around $100,000 in 2007. Can you find anything more recent?

As soon as you prove that the majority of small businesses will have enough employees and make enough income to be hit by Obamacare then I will agree with you in a heartbeat!
08-08-2011 09:16 AM
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miko33 Offline
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Post: #84
RE: Are we seeing a replacy of the economic mess of '81 and '82?
(08-05-2011 01:46 PM)Redwingtom Wrote:  
(08-05-2011 01:05 PM)miko33 Wrote:  
(08-05-2011 12:58 PM)Redwingtom Wrote:  
(08-05-2011 12:56 PM)Rebel Wrote:  ...and moonbats, if you idiots are SO DAMNED RIGHT in your economic thinking, just a question for you,



WHY ISN'T IT WORKING!?

1. Tax cuts don't help the economy like you think.
2. The spending in the stimulus was not enough and the money spent by the states was not regulated enough to make sure it went directly to infrastructure spending.

The majority of the stimulus was not designed for infrastructure and other tangible products. It it had been, the stimulus may have actually worked. The problem was the majority of the stimulus went to state and local governments to prop them up. It was designed to save gov't jobs. Although jobs like teachers, firefighters and policemen are important, they do not translate into immediate tangible benefits to the economy like private sector jobs do.

I totally agree.

And people can piss and moan all they want about the stimulus money, but it was taxpayer dollars that the government put directly back into the economy thru wages, etc. The economy without a doubt would have been impacted negatively without this money.

Except this "stimulus" targeted the wrong parts of the economy completely. Propping up state and local governments along with extending unemployment benefits does little if anything to stimulate an economy. Government employees do not add value to the GDP directly. Yes, keeping them employed helps indirectly because they can still buy things. However, when you target your stimulus at the private sector, you not only help keep people employed, but you also get something tangible that will be of value today. New roads and bridges help improve transportation for commerce. Buying more munitions and military hardware provides us with an added layer of security to defend the country. Buying software and computers help improve the efficiency of the government so that they can provide the same services with less overhead (in theory, cheaper)...You get the point. What Obama actually did was provide welfare, and once the money runs out you are back to square one.
08-08-2011 09:22 AM
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Owl 69/70/75 Online
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Post: #85
RE: Are we seeing a replacy of the economic mess of '81 and '82?
(08-08-2011 09:22 AM)miko33 Wrote:  Except this "stimulus" targeted the wrong parts of the economy completely. Propping up state and local governments along with extending unemployment benefits does little if anything to stimulate an economy. Government employees do not add value to the GDP directly. Yes, keeping them employed helps indirectly because they can still buy things. However, when you target your stimulus at the private sector, you not only help keep people employed, but you also get something tangible that will be of value today. New roads and bridges help improve transportation for commerce. Buying more munitions and military hardware provides us with an added layer of security to defend the country. Buying software and computers help improve the efficiency of the government so that they can provide the same services with less overhead (in theory, cheaper)...You get the point. What Obama actually did was provide welfare, and once the money runs out you are back to square one.

EX-ACT-LY. We kicked the can down the road a couple of years.

Now the can has stopped bouncing, and our tools to deal with it are more limited than before. Take our medicine, get the private sector going again, and grow our way out. It won't be pretty, and the more we try to sugar-coat it, the uglier it's going to be in the end.
08-08-2011 09:43 AM
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Ninerfan1 Offline
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Post: #86
RE: Are we seeing a replacy of the economic mess of '81 and '82?
(08-08-2011 09:16 AM)Redwingtom Wrote:  Dodging what Niner? The majority of small business will not be hit by the Obamacare taxes because they don't employ enough people and they don't make enough money. That is a fact and makes your point moot. Therefore, there is nothing to answer!

There is plenty to answer. The fact that you think there isn't, and that what you just posted ends the discussion shows you either aren't bothering to read, or are not comprehending, what I'm posting.

Go back and read my post prior to the one you responded to. Then come back if you want to actually discuss the points I'm making.

Quote:As soon as you prove that the majority of small businesses will have enough employees and make enough income to be hit by Obamacare then I will agree with you in a heartbeat!

The issue isn't that the majority of businesses are hit by it. The issue is the majority of businesses that employ significant amounts of people are.

Who do you think employs more people Tom? A company that makes 100k or less or one that makes 200k+?

Please go back and reread the post above before responding again. If you're not going to bother just say so and we'll move on.
08-08-2011 10:42 AM
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Redwingtom Offline
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Post: #87
RE: Are we seeing a replacy of the economic mess of '81 and '82?
(08-04-2011 09:00 AM)Ninerfan1 Wrote:  
(08-03-2011 07:06 PM)Ninerfan1 Wrote:  
(08-03-2011 05:26 PM)Redwingtom Wrote:  One can only hope!

So then you acknowledge that Obama has increased taxes on Small Business then?

Bump. still waiting.

THIS!
08-08-2011 11:42 AM
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Ninerfan1 Offline
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Post: #88
RE: Are we seeing a replacy of the economic mess of '81 and '82?
(08-08-2011 11:42 AM)Redwingtom Wrote:  
(08-04-2011 09:00 AM)Ninerfan1 Wrote:  
(08-03-2011 07:06 PM)Ninerfan1 Wrote:  
(08-03-2011 05:26 PM)Redwingtom Wrote:  One can only hope!

So then you acknowledge that Obama has increased taxes on Small Business then?

Bump. still waiting.

THIS!

I accept your surrender.
08-08-2011 08:06 PM
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