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Some interesting parallels
On Jan 18, 12:12*pm, hk wrote:
wrote: On Jan 18, 11:51 am, BAR wrote: thunder wrote: On Sun, 18 Jan 2009 11:30:33 -0500, BAR wrote: thunder wrote: On Sun, 18 Jan 2009 10:54:24 -0500, BAR wrote: This highway work should have been occurring for the last 40 years due to it being funded by federal gasoline and diesel taxes. Yup, there's been lots of infrastructure neglected. *Hopefully, this stimulus package will kill two birds, get the economy moving again, and fix our crumbling bridges, and roads. This stimulus package is nothing but a power grab. The Congress should be strung up and beaten with a stick until the funds from the gasoline and diesel taxes are actually spent on the roads instead of redirected into the general fund. The stimulus package is not going to get the economy moving again. You could send everyone a check for $1000 and it wouldn't do anything to get the economy moving again. 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. * Let's try it without the government telling the banks how and where to lend money this time and see how it works. The government is the last last place to turn to get the economy moving due to the fact that they haven't got the foggiest idea of what to invest in or how to spend money to gain the greatest impact due to the professional politicians who control the purse strings. Yeah, we should hire the management staff of Lehman Brothers. *I know a few of them are looking for work as we speak. Do you want Pelosi and Reid telling you how to spend your hard earned money? We well on the way to that happening. I hope you enjoy it.- Hide quoted text - - Show quoted text - Yeah, and remember the jobs credit Obama promised, what was it, 3000 credit for every job created. This was to offset the tax increase on middle class small business owners who had three or more employees and claim income on C and SE. Now of course congress, well, because they don't really work have killed this so the small business owners will get screwed again, won't be able to afford to hire new workers.. Hell, I guess Obama, Reid, and Pelosi don't really care, I mean, small business owners like me don't really have the money to pay to play anyway;( But it sure sounded good during the campaign, especially in the face of the questions by Joe the Plumber, and the rest of us... Why would a guy in the boat business who doesn't build boats be concerned about the jobs credit? If I recall, Joe the Plumber gave up being an unlicensed plumber to be a simple-minded rabble-rousing TV news reporter in Gaza.- Hide quoted text - - Show quoted text - I dunno, maybe you should talk to someone in the boat business? I care because we actually run a small business, with partners, contractors, etc... It matters to anybody who works for themselves, you woudn't understand, |
Some interesting parallels
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Some interesting parallels
"hk" wrote in message ... Eisboch wrote: Hopefully it will be structured and managed differently than the WPA projects that Roosevelt initiated. I was reading recently that problems with them included waste, inefficiency, cost overruns and late schedules. Because it was a federally backed program designed to hire unemployed workers, the jobsite foremen had no authority to discipline or fire slackers. That's bad news because when some can sit on their asses and still get paid, it affects the rest. You think waste, inefficiency, cost overruns and late schedules are exclusive to federally backed programs? You think private corporations don't have the same problems? Who fired the slackers on wall street that were mainly responsible for the fiscal crisis we are in now? That's not was I was referring to, but since you brought it up: Assume two major projects or programs. One is funded by the federal government. The other is privately funded by the corporation doing the work. Which one is more likely to become inefficient, incur cost over-runs and be late? Eisboch |
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 |
Some interesting parallels
"hk" wrote in message ... If I recall, Joe the Plumber gave up being an unlicensed plumber to be a simple-minded rabble-rousing TV news reporter in Gaza. The guy recognized an unplanned opportunity and grabbed it. Good for him. Eisboch |
Some interesting parallels
"hk" wrote in message m... BAR wrote: Eliminate corporate taxes, reduce capital gains taxes and cut personal income taxes in half but, The same old right wing drip down bull**** that doesn't work...yet again. Your wrong. It's worked for well over 200 years and very well. This country did not become the world's leading economy because government ran the show doling out stimulus checks and bailouts. People like you love to take advantage of the non-perfect nature of capitalism and to make hay during a slowdown. When the economy is booming (and you benefit along with everyone else) there's rarely a peep from your side. Capitalism, based on private and public business, has it's flaws and it's ups and downs that directly and historically relate to the state of the overall economy. Fortunately, the economic strength this country maintains will likely get us through this recession. And the next one. And the one after that. The reason we can recover is because of the basic principals of capitalism rather than socialism. Eisboch |
Some interesting parallels
hk wrote:
BAR wrote: thunder wrote: On Sun, 18 Jan 2009 10:54:24 -0500, BAR wrote: This highway work should have been occurring for the last 40 years due to it being funded by federal gasoline and diesel taxes. Yup, there's been lots of infrastructure neglected. Hopefully, this stimulus package will kill two birds, get the economy moving again, and fix our crumbling bridges, and roads. This stimulus package is nothing but a power grab. The Congress should be strung up and beaten with a stick until the funds from the gasoline and diesel taxes are actually spent on the roads instead of redirected into the general fund. The stimulus package is not going to get the economy moving again. You could send everyone a check for $1000 and it wouldn't do anything to get the economy moving again. Eliminate corporate taxes, reduce capital gains taxes and cut personal income taxes in half but, The same old right wing drip down bull**** that doesn't work...yet again. How many poor people have hired you? The only way poor people should get more money is to work for it. |
Some interesting parallels
On Sun, 18 Jan 2009 10:39:12 -0600, thunder
wrote: This time around, I believe most of the moneys will be to private sector employers. When FDR started the WPA, he was on new ground. Obama has the advantage of 70 years of hindsight. Hopefully, it will work out. Beware - remember The Big Dig. :) -- "I am free of all prejudices. I hate every one equally." W.C. Fields |
Some interesting parallels
Wizard of Woodstock wrote:
On Sun, 18 Jan 2009 10:39:12 -0600, thunder wrote: This time around, I believe most of the moneys will be to private sector employers. When FDR started the WPA, he was on new ground. Obama has the advantage of 70 years of hindsight. Hopefully, it will work out. Beware - remember The Big Dig. :) -- Indeed, work at the Big Dig was performed by private-sector contractors, under the supervision of Bechtel Corporation and Parsons Brinckerhoff. Other large corporate managers and contractors included Jay Cashman, Modern Continental, Obayashi Corporation, Perini Corporation, Peter Kiewit Sons' Incorporated, J.F. White, and the Slattery division of Skanska USA. And of course, let's not forget the incredible cost overruns and screwups of the private corporate contractors in Iraq. |
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