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Forums - General - US Economic Stimulus

500k cap?
do the same to all govt run institutions and I will be ok with this.
Post office, Schools, . . .



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Stimulus is the new word for govt to do whatever they want.

Instead of $925 b dollars printed, why not give a tax-payers a break.
Give us tax-payers a income-tax holiday for a year. It would cost $1.3 trillion for the govt for next 12 months.
I swear I'll spend the money to stimulate the economy.



and what the heck is Home-buyers tax cut? $15,000?
What about for people who already own a house?
Is this necessary?



Cutting taxes isn't that effective as a stimulus compared to other options. The multiplier effect of how many times those dollars will be re-spent is much lower than if the government spends that money on something. If you cut taxes in times like these, people often save the money or just pay down their debt, which is not the kind of thing that stimulates the economy. Some people think tax cuts are like voodoo magic and can do anything. I've never really understood why.



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

but the stimulus money is made up money. it's not gonna work.
Tax relief for the year was just a wishful thinking - i wasn't really serious about it.

$925 b printed money will make things worse. inflation and interest hikes.
It's gonna get ugly.



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This is not a stimulus package. It is a bloated spending bill that every Senator and Congressmen (except McCain and Feingold) loves for the pork.



You can say when the government spends money on anything that it is pork. Some people think defense spending is pork. Some people think spending money on education is pork. Some people even think tax cuts are a form of pork. Just because you call something pork doesn't mean it is. Any government spending can be labeled as pork. Pork is as much more about how efficiently in terms of the need for that spending in the market and for society the money is being spent than what it is being spent on.

And why would infrastructure spending or something like that be any different? How is that less "pork" than anything else? Its real easy to label something as pork. All you have to do is say the word pork. Does that necessarily mean it is pork? No.

I honestly think halogamer would prefer if the country suffered if it meant that it would mean Republicans would benefit from it. That's a pretty sadistic way of thinking and is the definition of partisan politics.



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

$600,000,000 for an African American Heritage trail is not what I called productive spending. That is just the tip of this disastrous iceberg.

Akuma, agree with me or not, http://stimuluswatch.org/ is a great site to see all the BS that is going into this thing.



Also $99,600 for 2 jobs putting up doorbells in Laurel, MS.



akuma587 said:
You can say when the government spends money on anything that it is pork. Some people think defense spending is pork. Some people think spending money on education is pork. Some people even think tax cuts are a form of pork. Just because you call something pork doesn't mean it is. Any government spending can be labeled as pork. Pork is as much more about how efficiently in terms of the need for that spending in the market and for society the money is being spent than what it is being spent on.

And why would infrastructure spending or something like that be any different? How is that less "pork" than anything else? Its real easy to label something as pork. All you have to do is say the word pork. Does that necessarily mean it is pork? No.

I honestly think halogamer would prefer if the country suffered if it meant that it would mean Republicans would benefit from it. That's a pretty sadistic way of thinking and is the definition of partisan politics.

I highly doubt that because we are all Americans and want what is best.

But ironically, that's what many conservatives said about the democrats in the past.