[NastyFX4]

Why do politicians who run this world have to be so damn stupid? This isn't a very hard thing to do. It's a very easy thing to do actually. Stop screwing around with these stupid ass stimulus checks. It's not going to help anything. It failed before, why would it work now? How about this amazing little idea ... How about giving tax breaks to business owners and self employed citizens !? If businesses can grow and afford to keep employees working than the economy grows. If American business grows than the GDP grows and the country can pull itself out of this hole. Giving tax breaks to the business owners is about the hugest yet simplest thing that could be done to help us out of this cycle. Yet, I've never seen it mentioned.

[HMUSN]

because when you cut a tax break to business owners the CEO's pocket it instead of using it for the good of the company.

[03SonicBoom]

Read the book (just the part about the Great Depression),
"33 Questions about American History You're not Supposed to Ask" - Tomase Woods Jr.

You'll read it and then realize, holy shit, the government is doing the same thing right now that they did then. First, they started manipulating the interest rate. Then they started bailing out businesses. Then came the stimulus checks.
Basically, government intervention just increased the severity and length of the depression. It didn't actually help. What pulled us out was the war.

[XTCNAGT]

Let's go kill some motherfuckers then.

[Trick Tuners]

Originally Posted by XTCNAGT Let's go kill some motherfuckers then.

+1 Get the guns and meet me out back. Its time for a revolution! we can re-found this country on our own constitution.

[dr.gonzo!]

Originally Posted by 03SonicBoom Read the book (just the part about the Great Depression), "33 Questions about American History You're not Supposed to Ask" - Tomase Woods Jr. You'll read it and then realize, holy shit, the government is doing the same thing right now that they did then. First, they started manipulating the interest rate. Then they started bailing out businesses. Then came the stimulus checks. Basically, government intervention just increased the severity and length of the depression. It didn't actually help. What pulled us out was the war.

Dont forget extending daylight savings time.

[NastyFX4]

Originally Posted by HMUSN because when you cut a tax break to business owners the CEO's pocket it instead of using it for the good of the company.

I guess I should of worded it better. I meant small business owners. The kind of people that are being put out of business because of the taxes that they pay and the stagflation.

[HMUSN]

now THAT I can agree with.

[NastyFX4]

Ridiculous that they can't see it ...

[ReverendDexter]

Originally Posted by NastyStang113 Why do politicians who run this world have to be so damn stupid? This isn't a very hard thing to do. It's a very easy thing to do actually. Stop screwing around with these stupid ass stimulus checks. It's not going to help anything. It failed before, why would it work now? How about this amazing little idea ... How about giving tax breaks to business owners and self employed citizens !? If businesses can grow and afford to keep employees working than the economy grows. If American business grows than the GDP grows and the country can pull itself out of this hole. Giving tax breaks to the business owners is about the hugest yet simplest thing that could be done to help us out of this cycle. Yet, I've never seen it mentioned.

It was said sort-of already, but what you're talking about is trickle-down economics (aka Voodoo economics, aka Reganomics).

It only works if business owners are putting every penny back into their business, and not being greedy bastards putting the extra money into their own pocket (which was what happened when it was implemented in the '80s).

[AtlanticBlue99]

Speaking of GDP:

GDP = Gross Domestic Product
C = Consumption
I = Investment
NX = Net Exports = Exports - Imports
G = Government Purchases


GDP = C + I + NX + G

Right now, Consumption is down because the average American has less discretionary income.
This lowered amount of discretionary income leads to less Investment.
With less money, we must import more cheaper products, thus Net Exports decreases.

The only way to keep a stable growth or cut losses is to increase Government Purchases. Thus the "stimulus package" is born. The government believes it can take up the slack from the economy sucking, but handing out money to corporations with no rules and stipulations on how the money is spent and how to record the flow of money is a flawed technique. This is a flawed practice.

[vfast]

first you have to look at the source..when if ever these people even used a store coupon much less saw one...what we need to do is try something new..how about a 5% pay reduction a month for all politician's until a recovery? put all politicians on blue cross blue shield ins policy with true deductible out of "their" pockets. cut all unnececary mail going out and if they mail something they pay for it...this alone is several millions dollars we pay... cut support staff by 50%. make their pay based on 2080hrs a years like most Americans....let them have 2 weeks vacations with 5 sicks days...get all this until economy recovers. this would be just starters

[NastyFX4]

Originally Posted by ReverendDexter It was said sort-of already, but what you're talking about is trickle-down economics (aka Voodoo economics, aka Reganomics). It only works if business owners are putting every penny back into their business, and not being greedy bastards putting the extra money into their own pocket (which was what happened when it was implemented in the '80s).

Even if the business owners put half of the savings back into their company we'd be in better shape than we are now.

[03SonicBoom]

Originally Posted by vfast let them have 2 weeks vacations with 5 sicks days...get all this until economy recovers. this would be just starters

I've NEVER had only 2 weeks vacation and 5 sick days a year. These days, pretty much everyone w/ a good college education starts w/ more days. They certainly can cut down on what they get but it still needs to remain competitive.

[vfast]

competitive? please if they don't like it they can more on....just like any other employer would tell us.....