myiW Current Conditions and Forecasts Community Forums Windsurfing Videos Buy and Sell Services
 
Hi guest · myAccount · Log in
 SearchSearch   ProfileProfile   Log in to check your private messagesLog in to check your private messages   RegisterRegister 
Why the GOP IS the root of all evil...
Goto page Previous  1, 2, 3 ... 171, 172, 173 ... 179, 180, 181  Next
 
Post new topic   Reply to topic    iWindsurf Community Forum Index -> Politics, Off-Topic, Opinions
View previous topic :: View next topic  
Author Message
keycocker



Joined: 10 Jul 2005
Posts: 3438

PostPosted: Thu Mar 06, 2014 3:04 pm    Post subject: Reply with quote

Whether it is my decision, mandated by the labor market, or required by the gov., the economics of hiring decisions are exactly the same.

If the gov. does it there can be a huge benefit for me in the long run.
My clients would have more money to spend.
Back to top
View user's profile Send private message
techno900



Joined: 28 Mar 2001
Posts: 1492

PostPosted: Thu Mar 06, 2014 4:10 pm    Post subject: Reply with quote

Quote:
My clients would have more money to spend.


That may be true if the majority of your clients are minimum wage workers.
Back to top
View user's profile Send private message
keycocker



Joined: 10 Jul 2005
Posts: 3438

PostPosted: Thu Mar 06, 2014 6:25 pm    Post subject: Reply with quote

If you put millions in the hands of low wage consumers, they spend it.
The store where they buy concentrates that money and turns around and buys more stuff. That ten dollar bill is spent dozens of times moving from hand to hand.
The middle class benefits and buys my products and services.
Trickle down my ass. Money moves up from consumers and aggregates.

Reducing taxes on the 1% puts money in the hands of rich people.
This just adds to the pile they have in overseas accounts with no discernible effect on us down in the trenches.
Back to top
View user's profile Send private message
nw30



Joined: 21 Dec 2008
Posts: 1787
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Thu Mar 06, 2014 8:38 pm    Post subject: Reply with quote

kc, your assumption/theory only works if the needy have no debt. Most have debt, serious debt, so that money goes to where you didn't consider, paying back the man, IOW, most of it goes *poof*. But don't worry, your are not alone in that thinking.
_________________
I don't drink the 'cool' aid, I drink tequila, it's more honest.
Back to top
View user's profile Send private message
keycocker



Joined: 10 Jul 2005
Posts: 3438

PostPosted: Thu Mar 06, 2014 9:08 pm    Post subject: Reply with quote

Even when you are in debt to the store, the economics are exactly the same.
Putting money in the hands of consumers to pay bills is an economic boost.
The money is spent by the debt holders in the same way.
I deal with welfare folks and they mostly do not qualify for credit.
I investigate their histories before I consider them as clients. I have seen perhaps a thousand. They all owed several hundred sums in more than one place,but not thousands.
Their big debts are usually medical bills.
Americans with big debts are mainly in the middle class because they can get credit and loans .
I look at their financial reports too both as a landlord and because I finance the lots I sell.
I have middle class friends with debts far beyond those a welfare person would be allowed to run up.
Back to top
View user's profile Send private message
reinerehlers



Joined: 25 Jul 2001
Posts: 998

PostPosted: Fri Mar 07, 2014 5:34 am    Post subject: Reply with quote

keycocker wrote:
Trickle down my ass. .


Dude, that's gross!
Back to top
View user's profile Send private message
pueno



Joined: 03 Mar 2007
Posts: 2698

PostPosted: Fri Mar 07, 2014 9:16 am    Post subject: Reply with quote

nitwit30 wrote:
kc, your assumption/theory only works if the needy have no debt. Most have debt, serious debt, so that money goes to where you didn't consider, paying back the man, IOW, most of it goes *poof*. But don't worry, your are not alone in that thinking.

You really think that?

You think that a mother with crying, hungry kids, who all of a sudden has $100 in hand, will pay a debt instead of buying food for the family?

If you think that, then your crazy bubble is full of hallucinogenic right-wing gas. You're light-years away from reality.

Study Maslow's Hierarchy of Needs.
.
Back to top
View user's profile Send private message
boggsman1



Joined: 24 Jun 2002
Posts: 3599
Location: at a computer

PostPosted: Fri Mar 07, 2014 11:12 am    Post subject: Reply with quote

Low end dollars cycle through the economy at a very high rate. Whereas high end tax cuts, like the 2003 variety usually benefit the investor class. The hedge fund industry currently has $2.7 TR in assets, an all time high. Once again NW is dead wrong, Marc Zandi has written on welfare multiplier being at 1.5x...high end tax cuts at .3x.
Back to top
View user's profile Send private message
mac



Joined: 07 Mar 1999
Posts: 5337

PostPosted: Wed Apr 02, 2014 8:21 pm    Post subject: Reply with quote

And from today's news--Paul Ryan puts out a budget that would cut $5.1 trillion from Federal spending. Balance the budget by cutting benefits for the poor. The same Paul Ryan whose family made money on government road contracts.

War on the poor? Not really, just making sure that the rich keep paying for your campaigns. The poor don't vote as often.
Back to top
View user's profile Send private message
pueno



Joined: 03 Mar 2007
Posts: 2698

PostPosted: Thu Apr 03, 2014 4:37 am    Post subject: Reply with quote

mac wrote:
And from today's news--Paul Ryan puts out a budget that would cut $5.1 trillion from Federal spending. Balance the budget by cutting benefits for the poor. The same Paul Ryan whose family made money on government road contracts.

War on the poor? Not really, just making sure that the rich keep paying for your campaigns. The poor don't vote as often.

And Sarah Palin said that PR's budget was "a joke."
.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    iWindsurf Community Forum Index -> Politics, Off-Topic, Opinions All times are GMT - 5 Hours
Goto page Previous  1, 2, 3 ... 171, 172, 173 ... 179, 180, 181  Next
Page 172 of 181

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum

myiW | Weather | Community | Membership | Support | Log in
like us on facebook
© Copyright 1999-2007 WeatherFlow, Inc Contact Us Ad Marketplace

Powered by phpBB © 2001, 2005 phpBB Group