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The American Jobs Act OR Stimulus 2: The Stimulating
Posts
TAX CUTS!
TAX FREAKIN' CUTS!
Pretend to be the President of the local monocle enthusiasts club.
Come Overwatch with meeeee
It's tax cuts aimed squarely at the middle and lower classes. And credits only for companies that start hiring american, and exporting products overseas.
And stimulus spending: part II.
Let's play Mario Kart or something...
This whole thing has got me so pissed.
The whole plan is to take the stimulus that didn't work last time because it was A:To small and B:mostly tax cuts and make it smaller and more tax cuts. It doesn't matter who you give your tax cut to. If they can save it they will and if they can't they pay their credit card with it and they save it.
Here is a idea. If we have any money left over we can back a dumptruck of it to Texas so they don't have to pay taxes. Gobama!
Hopefully it will improve the President's political prospects. Have to agree with Thanatos that the time for this was two years ago, though.
Well, sort of. It's called the Marginal Propensity to Save, and as a person gets richer that propensity rises higher and higher. If you give a poor person - say, me - 200 dollars, that's all getting spent. Granted I may spend it on my credit card bill, but lets face it then I'll be using the credit card again next month anyway. Not only that, but I'm spending that 200 dollars on goods and services, which helps provide immediate stimulation of the environment as those people receive wages and profits from my business, and on down the road.
As you get richer though, your propensity to save rises very, very high. If you give Bill Gates an extra 200,000 dollars, is he going to change his spending habits? Not really. It'll go into his same investment accounts as all his other billions, which really doesn't do jack for the economy at large.
That's why not all tax cuts are equal.
As long as the rich and upper middle class have their jobs, homes and lives unaffected by this climate, they could give two shits about the middle class and the poor. Someone should've trademarked T-Shirts with Saint Regan's mug on one side and on the back it should say; "FUCK IT! I'VE GOT'S MINES".
Notice how politicians, who don't back "corporate interest", are DOA before even going through preliminary primaries. Perry will win & will be worse than W and O combined, but he is folksy and thats what matters to TRUE AMERICA.
And let me guess, you support Ron Paul right?
Isn't that like being colder than absolute zero?
Hey, might as well. At least Ron does'nt Bullshit around with his craziness and we will know what to expect.
I did, but seeing enough of politics on the internet alone just makes my brains go to mush.
And yes Cap I know what you're talking about, but are the continous, "Hopes and Dreams", of a bunch of libs any better when we damn well know its like talking to a brick wall as far as today's American Politics are concerned?
The only way stuff starts going liberals way is another depression when enough of the Middle class ( All levels, Upper, Middle and Lower.) become poor themselves for anything to change. As far as "The Joneses" are doing well in their McMansions, they could care less about anyone else. Its basic, logical, human nature. No amount of screaming is going to change that.
Er, most servers don't claim a lot of their income, so he's not actually paying the full payroll tax to begin with.
Chances are, if he's not making money, it has fuck all to do with taxes and everything to do with how he's running his business.
Anyone who isn't doing well because of taxes needs an accountant. Or a better one.
It's 60-40, and these are pretty well targeted, as things go. Also apparently replaces the lost SSI income from the general fund so it won't be a stealth way to cut social security.
It also depends on how the tax cuts are given. Bush's "Here's a check for $300!" is more likely to be saved than a payroll tax cut that increases your check $20 every couple of weeks. I'm betting the average American does not even realize that they already had one such tax cut.
Yeah, Dems are the worst at political messaging. The stimulus cut the shit out of taxes and the tax compromise cut the shit out of taxes. I mean, I had a conversation with conservative co-workers recently and I had to constantly remind them to stop bitching about high taxes because tax burden is lowest it's been in like 40 years. Then I had to remind them of the payroll tax cut and how it directly affects them and how Republicans don't want to renew it.
Obama is a Republican, again. Thankfully, there's zero chance of anything getting by the house.
Edit: seething done with
It's not going to pass, but it's not completely awful.
Edit: Xanatos Gambit. Fail condition is a win condition.
chair to Creation and then suplex the Void.
Duh. Which is most of the point. He's going to basically say that this is a proposal that the Chamber of Commerce supports and that the AFL-CIO supports, but Republicans in Congress are more interested in winning elections than helping the country (I suspect he'll saying "playing political games" and "the next election" which are slightly less stark terms, but whatever) and then he'll run against that and tell people to vote for a Congress that is interested in solving problems.
Just because it would be great to hear him praise Obama accidentally again (last time was after his rant on Obamacare destroying his health insurance costs, I sent him a breakdown of the ACA and said it was Romney's plan if he gets elected, and my bro was like "that sounds great!")
Although, just like with the ACA, after the fact he'll just claim I lied about the facts contained within
More likely, all the good stuff will get cut
Or watch the one he has a bit closer.
Wait really? The capitalists are getting stronger and the socialists are getting weaker - labor in the west is being systematically purged while corporate interests are given unlimited power and the content providers are buying the content producers, sidestepping the law with naked bribes. I really wish it was like you said, Capitalism's iron gorilla grip on the psyche of America (probably Canada too if Harper is any indication) is probably our single greatest problem.
People will gladly be unemployed and have no medical care if it means someone somewhere else gets to own their own chain of private islands, although I do agree this is unsustainable, eventually the poor will eat the rich.
What do you see it being replaced with? Feudalism back for a second bite of the cherry? And why will you be proud? Is the global recession down to you?
Choose Your Own Chat 1 Choose Your Own Chat 2 Choose Your Own Chat 3
Unfortunately the alternatives aren't too great either. Feudalism as Bogart mentioned, probably with a slice of the USA collapsing.
EDIT: Though personally all I see is mega-corporation dystopia and the eventual growth of neo-conservative tea party members. Hell, maybe in a hundred years time there won't be a unites states. It'll be split between north and south. Civil War 2.
Proud? Pleased, I can see. I'm not a big fan of unrestrained capitalism myself. But proud? You live in Canada, if I recall correctly. What are you doing to loosen the corporate deathgrip on US politics?
See, I don't understand how this is going to do anything. Hiring cost are really low right now to begin with so how is lowering them more going to help?
And Capitalism is still better than a lot of other alternatives.