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  #11 (permalink)  
Old 01-17-2008, 11:29 PM
nonsqtr nonsqtr is offline
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Originally Posted by justabubba View Post
.. where you think federal monies (if any) should be directed to prime the nation's economic pump, including the process to be used to get the funds where they are intended?
Federal monies.... well, that's a concept, eh?

I'm thinking more in terms of "government cheese".

What I mean is, "vouchers". So like, you know how they're doing the new HDTV thing? If you have one of the old sets and can't afford to convert, you can get a "voucher" from the gov, which is for the specific purpose of getting you a converter box. That forty bucks, or whatever that voucher represents, can't be used for any other purpose. It's not like those cash cards they gave out during Katrina, right?

And I mean, that latter piece there, would be a perfect example, of the economic behavior you can expect from people, when they get free money from the government. If they're not buyin' beer with it, then they're buyin' TV sets, or CD players, or whatever slse. I mean, let's see, the technical vernacular would be "diffusion", correct? A cash stimulus isn't "specific" enough, it's too "diffuse", its effect "diffuses" through the global economy -

But vouchers for, say, gasoline - how about that? That would be a stellar idea, don't you think? 'Cause I mean, "most" of those companies are American, right? We can probably find a way to make the bar codes "not work" at Citgo or whatever, right?

And I mean, that kind of payment, forces people to use the money not only for a specific purpose, but also over a specific time frame - like, you wouldn't go out and blow six hundred bucks of gasoline money "all at once", right? (Or I mean, you "could" find a way to do that, if you were a scammer, but it would be "considerably harder" than with cash, correct? And it would be a lot more work too, and I mean, if there's on thing a scammer doesn't like it's "real work" - which is kinda funny when you consider that most of 'em end up working a lot harder scamming, than they would if they just got a real job to begin with ) - but anyway -

Groceries, would be another good one. Mostly American economy there, correct?

How about.... you see what I'm getting at, right? It's like, how could you keep the "diffusion" to a minimum, so that you have a maximum impact on the American economy, and it doesn't diffuse (much) to places where it isn't wanted (like China, for instance) -

So yeah - the "government cheese" concept, except, I mean, you know, you can still send people the vouchers in the mail so they don't have to wait in line for 'em...
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  #12 (permalink)  
Old 01-18-2008, 03:50 AM
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Originally Posted by gmb92 View Post
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In this case, since there's no way to pay for this tax rebate without borrowing more, restraint should be exercised.
Uh...try cutting all social programs, there should be plenty to of money to use.
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Old 01-18-2008, 04:26 AM
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Roll back the tax cuts,........................ hey it is election time what else?
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Old 01-18-2008, 05:25 AM
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Like usual, this is stupid. $300-$800 per person won't "stimulate" the economy. It's not enough money to do that. It will just increase the deficit by $300-$800 per person. I'm all for allowing people to keep their own money, so here's a thought. Cut taxes, thereby allowing people to take home a larger paycheck. But when you do it try cutting spending, too. I know, I know. You can't help it.
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Old 01-18-2008, 05:31 AM
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Here's a question to folks like Nonsqtr...

If congress enacted a law that gave "voluntary" tax cuts, where if you felt the government needed your money, you could opt not to receive it, how many people would still be against them? 'Cause if they were, they could choose just not to receive the money.
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Old 01-18-2008, 08:04 AM
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Originally Posted by nonsqtr View Post
(long string of expletives deleted to spare the moderators the trouble)....

Jesus H Christ - that friggin' moron didn't learn his lesson the first time he tried this crap?

I can't believe what a freakin' idiot we've got in the White House!!!!

You know where that money's gonna go, right?

Straight to China.

Goddam moron. Bush is an anti-American freakin' traitor, and he oughta be shot at dawn.

(he can have a Marlboro though, if he wants - I'm not entirely without compassion)...
Yada, yada, yada. Same old mantra coming from you. How about the Dems like Hillary who are ALSO advocating tax rebates? Are they ALL stupid and morons too???
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Old 01-18-2008, 08:07 AM
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Originally Posted by stekim View Post
Like usual, this is stupid. $300-$800 per person won't "stimulate" the economy. It's not enough money to do that. It will just increase the deficit by $300-$800 per person. I'm all for allowing people to keep their own money, so here's a thought. Cut taxes, thereby allowing people to take home a larger paycheck. But when you do it try cutting spending, too. I know, I know. You can't help it.
It helped to stimulate the economy last time it was done in 2001. But hey, I'm ALL for making the Bush tax cuts permanent....which would also help. While they are at it, they should reverse the Bill Clinton tax on Social Secuity recipients. I'm working on my taxes, and it's pretty pathetic that 85% of my SS benefits are being taxed!! Thanks to Bill Clinton.
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Old 01-18-2008, 08:26 AM
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How about the Dems like Hillary who are ALSO advocating tax rebates? Are they ALL stupid and morons too???
Yes.

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It helped to stimulate the economy last time it was done in 2001.
No it didn't. The tax cuts did. $300-$800 per person is simply too little money to stimulate a multi-trillion economy. It's literally impossible. You may get stimulation for the one single day it will take for those people to spend the money, then it's right back to what it was before they got the check. It's stupid.

Quote:
But hey, I'm ALL for making the Bush tax cuts permanent....which would also help. While they are at it, they should reverse the Bill Clinton tax on Social Secuity recipients. I'm working on my taxes, and it's pretty pathetic that 85% of my SS benefits are being taxed!! Thanks to Bill Clinton.
Keep in mind the GOP had 6 whole years to reverse that. Yet oddly, they didn't even SUGGEST it, let alone do it. Shocking to hear, I know. Face it, they aren't any better. You want them to be. You may even need them to be. But they simply aren't.
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Old 01-18-2008, 08:44 AM
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Originally Posted by JP5 View Post
"tax rebates of at least $300 a person — and maybe as much as $800."

Get ready to PARTY!!
You guys are CHEAP. You sure do get excited over a measely little tax rebate...

$300 bucks? Give me a break. Master throws you some scraps and you rush to lick it off the floor.

The only time anyone should get ready to party is if Ron Paul is elected and the income tax is permanently repealed. THEN you can get ready to PARTY!!!
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Old 01-18-2008, 09:08 AM
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Originally Posted by gmb92 View Post
It's an election year. Everyone from the president to the '08 candidates are getting in on it. Thanks to a Democratic Congress though, this appears to be directed at working people as opposed the wealthy elite. The budget can probably withstand this short-term although I think they should scale it down.

Making all of the '01 tax cuts permanent with no way to pay for them as the boomers start to retire won't happen any time soon.
So, in other words: Democrats are going to RAISE taxes. Yes, I agree....even given that opportunity, they most certainly will.
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