Please Scroll Down to See Forums Below 
youpissmeoff
Banned
1. Is it poor people who are creating jobs?
No, but the rich arent either. This is a consumer based recession. More consumers = more demand. Giving tax breaks to the rich doesnt help. According to the CBO, cutting the payroll tax would be more than twice as effective for stimulating demand and, therefore, creating jobs than a tax cut for the wealthy.
I don't disagree that cutting payroll taxes will help stimulate consumption but at the same time, raising taxes on people over $250k will take money away from the businesses that are creating jobs. Summary lowering taxes good - raising taxes bad. See we are in agreement.
I dont think anybody is proposing a 91% tax. The uneducated are shitting bricks about simply raising the rates 4% higher than they are right now. A 4% increase in the top marginal tax rate wont send anybody anywhere.
Oh contrair Mr Reich in right there was saying that it does not matter what the upper tax bracket it in relation to jobs creations. He is wrong and his information is dated. Two totally different economies from the USA in the 50's and the USA today.
3lol @ jumping from government created jobs all the way to communism.
Look - you think the government needs more money to create more jobs, I think the people need more money to create more jobs. The extreme of your view is comunism. The extreme of my view is total free market. I think it has been proven free market works better. I am not for a totally unregulated free market and I do believe there are certain roles the government must provide, I just think right now it is more important that the government get its fiscal house in order. That being said, I think that lies more in entitlement spending that actually reducing the size of the big G right now.
Thats so full of shit its laughable. Companies arent hiring because people arent spending money. Why? Because people dont have money to spend. Why? Because housing crashed, and the vast majority of industries in the US are tied in some way, shape, or form to housing...hence people lost their jobs. Cue the negative feedback loop of a consumer driven recession.
Only those who dont know any better are concerned about the deficit in the short term. What are Treasury bond rates at? I rest my case.
You are way wrong there. Go listen to CEO's and why they are not hiring. They are scared shitless that they are inesting in a country with a broken government - no confidence.
You have a chicken and egg argument here. Consumption is down for 2 reasons 1) unemployment is up 2) confidence is down. If you hire more people you automatically are going to increase consumption. You have to do something about confidence now and that is proving you can govern in fiscally responsible way.
LMAO. Id love to hear a rational justification for that.
See above - LMAO that you think not having a balance budet is a viable future and you are an investment advisor? Really?
5. Agree on the former, not on the latter.
If you don't agree on the latter then you need to spend some time talking to Dr's. They are all desperate to get out of hospitals so they can quite giving away their services. About 50% of their work these days goes unpaid which just increases the cost for those paying the bills. Here you have the added problem that every mexican knows that they can go across the border and walk into a hospital and get treated for things they have not the money for back home.
True story - I have a Dr friend who was called to the emergency room the other day to translate. An elderly mexican lady was in there complaining of headache and needed treatement. As he talked to her, it comes out she had already been diagnosed with a brain tumor in Mexico but they told her to go get her business in order and say goodbye to her family. Instead they head across the border where relatives live, get to the emergency room and voila .. she gets fucking brain surgery on your nickle even though she is going to die sometime this year regardless.
