View Single Post
  #9   Report Post  
posted to rec.boats
Eisboch[_4_] Eisboch[_4_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Dec 2008
Posts: 1,521
Default Some interesting parallels


"thunder" wrote in message
t...

On Sun, 18 Jan 2009 11:30:33 -0500, BAR wrote:


We need a long term solution, something that is going to give everyone
long term confidence that the economy is going to improve. Eliminate
corporate taxes, reduce capital gains taxes and cut personal income
taxes in half but, make sure that everyone who earns income pays taxes.
No individual gets a free ride on taxes. This will get the economy
moving again. The people will have confidence that they will have more
money to spend themselves. Businesses will have more money to spend on
capital equipment and the ability to hire more people. Investors will be
encouraged to move their money into ventures that may produce greater
returns.



Sell that tired Republican BS to someone else. If you haven't noticed,
we have been doing what you suggest for the past 20 years, and look where
it's gotten us.



A growing, expanding and healthy business base and Wall Street swindling are
two different issues. The latter was in some cases initiated by government
intervention and in all cases by the lack of government oversight of what
they initiated.

If we intend to keep capitalism as our economic engine, BAR is absolutely
correct and many honest (meaning non-politically motivated) economic
experts agree. Growing and investing businesses have always been the
catalyst for an expanding economy, employment and consumer
confidence/spending. Throw a wet towel on business in the form of taxes
and the economy slows down. Happens everytime.

Now, if you are suggesting we replace our business based economic engine
with something else, then all bets are off.

Eisboch