that was from the msnbc debate last night. i was telling the people i was watching it with that i wished he would go after some of the candidates. he stands in silence and is ignored for the most part.
I thought this was hilarious. John McCain: I don't know anything about the President's role in the economy, so I'm going to name drop for 2 minutes. <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/rJ1OB2iLxcY&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/rJ1OB2iLxcY&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object>
This was one thing that surprised me from McCain - he really, really struggled on economic issues. Even if it's not a strength, you'd think his advisors would have brought him up to speed the last few weeks. It was weird that he pretended to disown his quote about needing to be educated on economic issues too. That's one of those flat-out lies that are unexplainable. I wish moderators would call candidates out when they do that.
As noted in my post above about Daschle, the tax rebates apparently were the Democratic compromisng that allowed the Bush tax cuts to pass. Tom Daschle was at the forefront of pushing the tax rebate - they came up with the idea, from what I can tell.
I've been thinking about this more... i dont mind getting a little extra cash, albeit a small amount. What I dont like is that some people who didnt pay any taxes will be given some money to go out and buy a new cellphone, earrings, shoes, etc.
You may not like it, and it is sad that this is what we are reduced to by the policies of George W. Bush and the former GOP Congress, but that's exactly why this is being pushed through. Our economy is driven now by consumer spending. The idea is to give American consumers money to spend and, more importantly, to build their confidence in the economy. I'm not saying if it will work, but that is the idea. Impeach Bush.
it goes beyond pres bush. i know you would like to pin all the pitfalls of america on him but lets take it easy ...we all know how you feel. Actually, i think pelosi has been wanting to take credit for this but it is sad that socialism has to be used to resolve a small market downturn, which in my opinion, isnt as signicant as the doomsday news organizations have led us to believe
Oh jebus. Could the magical ass misunderstand the logic of the proposed stimulus package any more? Sadly No.
I'm not sure about that one. It appears to me in my practice, that when people have paid off debt, they tend to go and incur new debt. Once you've paid off that credit card, you tend to go chrge some on it. Maybe not as much, but some nonetheless. Also, if all that happened is that a bunch of debt gets paid off, that will help the bank stocks which in turn should have other related sectors piggyback off it.
i understand it plenty. could the cheating old football star understand the socialist context and flaws of the proposal? 1) its socialism, which im never a fan of. 2) i dont think it is even significant enough to solve and long term (and barely short term). Its a freaking bandaid on a broken leg. 3) if you cant recognize this as overreacting politicians wanting to make themselves look good then maybe you took too many shots with the giants there are 2 sides to every story. Maybe someone could help you understand that and notice both the pros and the cons of an argument before replying with nothing but the trite and idiotic "response" of what you said above. You are a great conversationalist, no doubt
It is socialist? Huh?! How in the hell is this socialist? You said earlier that you don't like that people who aren't paying taxes will be able to buy "cellphones." And now it's not significant and far-reaching enough? Which is it? Do you understand what this bill is attempting to do? At all? You are 100% correct on point #3.
sadly, youre too much of an ass-bag to actually have a discussion with someone who may view things from a different perspective...and a valid one at that. obviously there is only one way to skin a cat. Could you understand this? sadly no. just insult the person for having a legit claim..might as well make fun of those people with glasses...of those "darkies"...or whoever else is different huh
But this is the economic group more likely to put the rebate back into the economy through the purchase of goods and services. If you gave it to people who do not spend a large % of thier income, then none of it would go back into the economy and it would not be a stimulus.
its a redistribution of wealth. Taking from those who paid taxes and giving to those who did not, or at least very little. Of course its not hard core socialist but there are aspects to it. I do understand what the bill is trying to do. Do you understand that what the bill is trying to do is not sustainable? Do you think that it is even "enough" to cause significant change? The bill is "trying" to do a lot, i just think it will be any significant remedy for what may be ailing the economy.
You clearly do not understand what the bill is trying to do. You decried giving rebates to those whose income was too low to pay taxes. The point of the bill is to stimulate the economy. It is NOT to redistribute wealth. Poor people stimulate the economy better than rich people when they are given money. Again, I repeat, the point of this bill is not to redistribute wealth. It is to stimulate the economy. Besides, redistributing wealth is not socialist. How in the hell is redistributing wealth socialist? Think before you bemoan any progressive (do you know what that word means?) legislation as socialist. To answer your questions: No, I do not think it is sustainable, and no I do not think it is enough to cause significant change.
