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BAR[_2_] BAR[_2_] is offline
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First recorded activity by BoatBanter: Jun 2008
Posts: 5,868
Default the success of the bush tax cuts

In article ,
says...

On Tue, 14 Jun 2011 01:05:46 -0400,
wrote:

On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote:

On Mon, 13 Jun 2011 19:33:44 -0400,
wrote:


That would encourage more long term investment.
I think I would but an extra tax on any financial instrument that was
kept less than a month to make flash trading less attractive.

let's get one thing straight

we dont need more INVESTMENT

we need more CONSUMPTION.

although investment is a form of consumption, ONLY MIDDLE CLASS
CONSUMPTION can pull us out of the depression

and wall street is NOT gonna let that happen


You can't get consumption without jobs and the only way we get that is
by expansion. It is clear the stimulus money just went into rich
people's pockets and not much actually got invested in expanded
industry. (thanks for a "no stimulus" stimulus bill)


There are plenty of stim projects underway, even if you don't believe
it or think they're working. They are working. We need more of them.


Name 10 of them.