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pebkac
post Jan 21 2008, 04:15 PM
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http://money.cnn.com/2008/01/19/news/econo...sion=2008011910

Though I really doubt that either one of these measures will stop the coming recession, I think the democrats are on a better track than the president is (big surprise I know!). That is to say, giving the economy a quick shot in the arm isn't going to be much more than a stop gap. I think the best way to deal with this is to take measures to soften the blow rather than try to prevent it.


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QUOTE (Spectatrix @ Oct 13 2006, 09:51 PM) *
Holy shit, pebkac, you're awesome!



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Hartmann
post Jan 21 2008, 05:16 PM
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The article is misleading as it hints that the Democrats do not want any business incentives or tax cuts (which they do). Again, I find this hilarious as they were the ones so adamantly against Bush's original tax cuts.

$800 per person who makes under $80k a year is going to stimulate the economy? In the words of Lewis Black, "yeah, if it were 19 fifty-freaking 6"


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Billy
post Jan 21 2008, 08:51 PM
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QUOTE (Hartmann @ Jan 21 2008, 05:16 PM) *
The article is misleading as it hints that the Democrats do not want any business incentives or tax cuts (which they do). Again, I find this hilarious as they were the ones so adamantly against Bush's original tax cuts.

$800 per person who makes under $80k a year is going to stimulate the economy? In the words of Lewis Black, "yeah, if it were 19 fifty-freaking 6"


So does everybody get it or just the ones who pay taxes?


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QUOTE (jonathan83 @ Nov 16 2007, 09:22 PM) *
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THECHICKEN
post Jan 21 2008, 09:24 PM
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QUOTE (Forum Warrior @ Jan 21 2008, 08:51 PM) *
So does everybody get it or just the ones who pay taxes?

Well they were saying both democrats and republicans were working towards tax cuts not just out of income (which obviously poor don't pay), but also out of payroll and social security taxes. So they are they trying to structure it for the poor to actually get something too. But thats from the 10 minutes of news i seen today.


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