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02-02-2018, 02:01 PM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Quote:
Originally Posted by Dondilion
I had hoped for better than that.
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I didn't.
__________________
"We have met the enemy and he is us."
Last edited by nailer; 02-02-2018 at 02:48 PM.
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02-02-2018, 02:15 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by bobabode
Oh please, any of you so-called fiscal conservatives lost any smidgen of relevance that you had when you firmly locked your lips on Trump's budget busting $1.5 trillion grift. Grow the fuck up, Mike.
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LOL! You want me to grow up, but you're the one apparently having the tantrum. Rave on!
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02-02-2018, 02:30 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
So, whatever raises people in these 300 companies get will get eaten up by increased interest payments on home and car loans.
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Well, I guess we should be glad that they'll have raises to get eaten up. Hillary would have these same folks digging even deeper to pay those loans.
By the way, you keep claiming you were a Kasich guy in 2016. Well, just as a reminder, he was a tax cut guy too. But, hey, far be it from me to suggest either selective memory loss or hypocrisy on your part.
https://www.johnkasich.com/jobsandeconomy/
The Largest Tax Cut in the Nation: Understanding that a more competitive tax environment is essential to job creation, Gov. John Kasich teamed up with Ohio’s legislature to cut taxes by $5 billion since 2011—the largest tax cut of any sitting governor. The elimination of the death tax, a 16 percent income tax cut and a complete phase out of income taxes for small businesses will free up more capital for growth and job creation.
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02-02-2018, 02:31 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Your post from today:
Quote:
Originally Posted by finnbow
So, three hundred out of 6 million companies gave their employees a raise? What about the other 5,999,700 companies?
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Your post from Jan 11:
Quote:
Originally Posted by finnbow
Again, Whell uses a single anecdote to try to prove a larger point, just as he did with the Carrier deal in Indiana (where Trump "saved" hundreds of jobs, only to have Carrier move all the jobs to Mexico anyway). The only thing this anecdote proves is the existence of an anecdote.
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Looks like we're making progress. At least you're willing to admit these are no longer anecdotes.
As for an answer to your question:
http://www.politicalchat.org/showpos...&postcount=136
Rising pay, due to more jobs available and more demand for labor will be a factor for all US companies to deal with. See? Its not that hard. Those additional tax payers with increasing wages should bode well for all your concerns about a flush US Treasury.
Also, don't recall any posts that you may have made during the Obama years about budget deficits and spiraling debt. Why the sudden concern?
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02-02-2018, 03:05 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,228
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Quote:
Originally Posted by whell
LOL! You want me to grow up, but you're the one apparently having the tantrum. Rave on!
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You're projecting again, Mike.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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02-02-2018, 03:38 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by whell
Also, don't recall any posts that you may have made during the Obama years about budget deficits and spiraling debt. Why the sudden concern?
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Because deficit spending is exactly the right thing to do to jump start an economy in a death spiral. It is, however, contraindicated for an economy at full employment due to inflationary concerns.
__________________
As long as the roots are not severed, all will be well in the garden.
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02-02-2018, 04:31 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
Because deficit spending is exactly the right thing to do to jump start an economy in a death spiral. It is, however, contraindicated for an economy at full employment due to inflationary concerns.
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Right, 'cuz that worked so well the last time it was tried.
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02-02-2018, 04:37 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by whell
Right, 'cuz that worked so well the last time it was tried.
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Are you disputing the point I made?
__________________
As long as the roots are not severed, all will be well in the garden.
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02-02-2018, 04:51 PM
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Senior Member
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Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,068
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Quote:
Originally Posted by whell
Right, 'cuz that worked so well the last time it was tried.
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You mean Obama's economic recovery from the recession of 2008. Worked pretty good in spite of partisan sabotage.
__________________
I'll believe corporations are people when Texas executes one.
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02-02-2018, 07:57 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,913
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Quote:
Originally Posted by finnbow
Because deficit spending is exactly the right thing to do to jump start an economy in a death spiral. It is, however, contraindicated for an economy at full employment due to inflationary concerns.
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Nailed it.
The Dow Jones industrial average plunged 2.5 percent Friday — closing down 666 points — and suffered its worst week in two years as concerns over rising interest rates and inflation from an overheated economy triggered a long-feared sell-off.
https://www.washingtonpost.com/busin...e23_story.html
__________________
As long as the roots are not severed, all will be well in the garden.
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