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Forums - General Discussion - What will YOU do with YOUR $800.00 or 1600.00???

FreeTalkLive rocks! on 18 January 2008
Soriku said:
Wait...would I get $800 individually?

And then $800 for every other member?

When does this start (if it ever does)?
No.  You would get nothing!

 



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johntonsoup on 18 January 2008

@Soriku
You have to have paid taxes to get a tax rebate.



Shadow)OS on 18 January 2008

Spend your way out of debt, huh? It worked in the past, but not quite in the way it's being planned now. If you stick to the original plan of spending on large scale beneficial projects, then I could still see this working even in this day of age.

Giving 800 dollars to consumers who will spend at least some on foreign products where the US doesn't benefit, is just losing money. I can't seem to see how this would help out the US...

I guess it's a good way of getting the people back on your side though XD



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ikilledkenny on 18 January 2008

Why are people still trying this? You can't increase cash flow by giving away your money. A good first step to fixing this is repealing the 2001 and 2003 tax cuts. This is what Democrats and rational REPUBLICANS know. I believe it was described best by former President Bush: VOODOO ECONOMICS. This can't possibly turn out well.


Ajax on 18 January 2008

consume consume consume!
don't you get it?!
you must consume!
your president wants you to spend more money!





how pathetic...
you probably didn't know that the us government pays a daily 3 billion dollars in interest rates because the us government is broke and is lending money..

you don't have money for your people in new orleans
but spend hundreds of millions of dollars a DAY on your armed forces..



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HappySqurriel on 18 January 2008
ikilledkenny said:
Why are people still trying this? You can't increase cash flow by giving away your money. A good first step to fixing this is repealing the 2001 and 2003 tax cuts. This is what Democrats and rational REPUBLICANS know. I believe it was described best by former President Bush: VOODOO ECONOMICS. This can't possibly turn out well.

Long term the best things the US government could do is:

  1. Cut spending; currently the US government is going into debt by over $1,000 for every tax payer every year, and (like all governments) most of the spending is inefficient and has very little benefit.
  2. Change the Federal Reserve's mandate so that its only concern is to prevent inflation. Trying to manipulate the ecconomy through the centeral bank only ever provides short term benefit in exchange for long term troubles.
  3. Pay down the National Debt.
  4. Stop playing with the ecconomy for political gain.


brute on 18 January 2008

well too bad i dont have a job so i wont get any



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ripper on 18 January 2008
HappySqurriel said:
ikilledkenny said:
Why are people still trying this? You can't increase cash flow by giving away your money. A good first step to fixing this is repealing the 2001 and 2003 tax cuts. This is what Democrats and rational REPUBLICANS know. I believe it was described best by former President Bush: VOODOO ECONOMICS. This can't possibly turn out well.

Long term the best things the US government could do is:

  1. Cut spending; currently the US government is going into debt by over $1,000 for every tax payer every year, and (like all governments) most of the spending is inefficient and has very little benefit.
  2. Change the Federal Reserve's mandate so that its only concern is to prevent inflation. Trying to manipulate the ecconomy through the centeral bank only ever provides short term benefit in exchange for long term troubles.
  3. Pay down the National Debt.
  4. Stop playing with the ecconomy for political gain.

Pumpkin,

Nice points.  I agree, espcially with number 1.  They spend OUR money like crazy with no accountability.



Bursche on 18 January 2008

ZOMG blame Bush! (even though the Democrat run Congress would have to pass it)

Yep, all blame on Bush. Stupid republicans do it again!



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Copycon on 18 January 2008

Did those guys in the administration take any classes in economics?



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