Another premise to have died. Tax cuts lead to employment.

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Another premise to have died. Tax cuts lead to employment.

Bowser — 9/21/2008 9:31:56 PM (archived)

We can put that one to bed. It's nonsense. The wealthy invested in hugely leveraged hedge funds which will be bailed out .

The premise seems to be that there are already too many poor, and the once super-wealthy would only add to the numbers, making for an intolerable drain on public resources.

Arf

The whole thread (53 posts)

If the economy is fundamentally sound why is an instant $800 bailout necessary? - Bowser - 9/21/2008 4:38:16 PM
- Think of it as an economic "surge". - ER - 9/23/2008 7:57:44 PM
- Just had a terrible thought - McFly - 9/22/2008 3:37:19 PM
  - 2 Well Planned Deal - carl - 9/22/2008 4:33:44 PM
- What we have just witnessed is the final triumph of Reaganomics, (n/t) - ER - 9/22/2008 10:41:12 AM
  - No. - TB - 9/22/2008 5:29:45 PM
    - Missed again. - ER - 9/22/2008 6:47:01 PM
      - Stability - TB - 9/22/2008 11:53:19 PM
        
        All compromises are half-assed. - ER - 9/23/2008 1:33:33 AM
        
        Ideology - TB - 9/23/2008 3:52:28 AM
        
        I know you don't even realize how you sound... - ER - 9/23/2008 10:29:57 AM
        
        "Love thy enemies". If you won't, at least understand them. - Bowser - 9/23/2008 12:33:45 PM
        
        As an old labor relations person - - - - Bowser - 9/23/2008 3:30:10 AM
      - Is there a gun parallel here? - Bowser - 9/22/2008 8:46:29 PM
        
        Baby and bathwater caveat - ER - 9/22/2008 10:05:59 PM
        
        Nice caveat - Lindy - 9/23/2008 10:21:31 PM
        
        Thank you, Lindy. - ER - 9/23/2008 11:37:06 PM
        
        You have a way with words......... - Lindy - 9/24/2008 1:43:39 AM
        
        re: Baby and bathwater caveat - TB - 9/23/2008 12:06:27 AM
        
        By Western European-type societies - ER - 9/23/2008 1:28:37 AM
        
        Thinking gap - TB - 9/23/2008 1:56:40 AM
        
        So we have different views of where the pendulum is. - ER - 9/23/2008 2:55:48 AM
        
        re: So we have different views of where the pendulum is. - TB - 9/23/2008 4:18:32 AM
        
        "It makes a difference who controls your life. " - ER - 9/23/2008 10:44:06 AM
        
        Let's see... - SDAI-Tech1 - 9/23/2008 12:28:27 PM
        
        I feel like the only atheist at a Baptist convention. - ER - 9/23/2008 1:01:17 PM
        
        I've got no problem with that. - TB - 9/23/2008 5:35:15 PM
        
        Fair enough. - ER - 9/23/2008 6:06:09 PM
        
        re: Fair enough. - TB - 9/23/2008 6:10:05 PM
        
        re: Fair enough. - ER - 9/23/2008 6:16:30 PM
        
        Or... - TB - 9/23/2008 7:32:33 PM
        
        And by the way, Techie... - ER - 9/23/2008 1:06:08 PM
        
        Actually, I was being generous to both. - SDAI-Tech1 - 9/23/2008 1:33:24 PM
    - "I'm sorry, but people blaming this on capitalism or free-market economics are, to be blunt, ignorant on this subject, willfully or otherwise." - Bowser - 9/22/2008 6:09:01 PM
    - And, on the subject of regulation and deregulation... - TB - 9/22/2008 5:57:57 PM
- "Why add to the burden to keep the wealthy, wealthy" - ARRELL - 9/21/2008 9:04:07 PM
  - Another premise to have died. Tax cuts lead to employment. - Bowser - 9/21/2008 9:31:56 PM
    - That's not strictly true, Bowz - ER - 9/22/2008 12:07:00 PM
      - Bingo. - TB - 9/22/2008 5:50:58 PM
      - You're right in the broad sense, of course. I wonder if that was the case here. - Bowser - 9/22/2008 5:44:43 PM
        
        The Conqueror Worm, Ouroboros - ER - 9/22/2008 6:13:09 PM
        
        "Nobody making anything" - TB - 9/23/2008 12:19:31 AM
        
        There's catching up, and then there's... - McFly - 9/23/2008 2:35:01 AM
        
        oh well - McFly - 9/23/2008 8:19:50 PM
        
        Well... - TB - 9/23/2008 8:45:56 PM
        
        Actually... - McFly - 9/24/2008 1:16:36 AM
        
        Green Tea - SDAI-Tech1 - 9/23/2008 9:22:18 PM
        
        re: Green Tea - TB - 9/23/2008 11:00:45 PM
        
        Don't worry, it wasn't missed. (n/t) - ER - 9/23/2008 8:23:52 PM
        
        You might have a point. - ER - 9/23/2008 1:39:18 AM
- Never trust the "this price is only good until you leave the showroom" deal. (n/t) - Bowser - 9/21/2008 4:47:33 PM
  - Another thought: Given the $1.8 trillion new debt, how much will be left for NASA? - Bowser - 9/21/2008 5:27:11 PM
    - ZILCH! As Long as the CEO's get thier PARACHUTES - carl - 9/23/2008 5:39:36 PM

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