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Old 10-14-2008, 10:40 PM
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dalakhani dalakhani is offline
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Quote:
Originally Posted by Cannon Shell
Where is the theory that says that raising taxes has a positive effect on the economy? How can hurting business help the economy?
Now, we are talking!!!!

Hurting business doesnt help the economy. We have to prioritize though. this deficit is killing us. I think we all agree.

yes, clinton was aided heavily by tech boom. i will contend that his policies greatly AIDED the boom.

A big part of what made his economy was his fiscal responsibility. He realized that the deficit was killing us.
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Old 10-14-2008, 10:54 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by dalakhani
Now, we are talking!!!!

Hurting business doesnt help the economy. We have to prioritize though. this deficit is killing us. I think we all agree.

yes, clinton was aided heavily by tech boom. i will contend that his policies greatly AIDED the boom.

A big part of what made his economy was his fiscal responsibility. He realized that the deficit was killing us.
However we have had the tech bubble burst and housing bubble burst and are dealing with increased competition in the global market not to mention considerably higher energy prices since those times. Thats not even talking about the current global banking crisis. The deficit simply has to be dealt with over time and cutting spending would be a start. The handouts should wait too but those help get people elected.
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Old 10-14-2008, 11:15 PM
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dalakhani dalakhani is offline
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Quote:
Originally Posted by Cannon Shell
However we have had the tech bubble burst and housing bubble burst and are dealing with increased competition in the global market not to mention considerably higher energy prices since those times. Thats not even talking about the current global banking crisis. The deficit simply has to be dealt with over time and cutting spending would be a start. The handouts should wait too but those help get people elected.
Cutting spending where though? 54% of spending is on military. 30% is on human resources aka hand outs and what not.

Where do you want to cut? And then on top of that, you want to cut while ALSO giving a tax cut?
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Old 10-15-2008, 07:01 AM
Danzig Danzig is offline
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Quote:
Originally Posted by dalakhani
Cutting spending where though? 54% of spending is on military. 30% is on human resources aka hand outs and what not.

Where do you want to cut? And then on top of that, you want to cut while ALSO giving a tax cut?
obama and mccain are both advocating tax cuts to most citizens as well as spending increases-both are being completely irresponsible in that respect. as for military cuts, had bush not gone rushing into iraq, we wouldn't have the military spending we're seeing right now. whether it could be cut further once we're out of iraq, i don't know-since we still have afghanistan to deal with. having troops and equipment in the field is obviously far more expensive than a military at peace.
foreign aid should be cut, all this port should be stopped. the feds need to go back to providing what they're supposed to be providing, instead of all this extra.
i pay for both federal medicare, and arkids-taxed twice for similar programs. in this state, we have exorbitant sales tax-groceries are taxed here, as well as property, personal property, and income taxes.
oh, but the state has a surplus...i wonder why. so of course now they want to increase spending. i'd rather they did away with the tax on groceries. since when are necessities of life taxed? since i live in arkansas.
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