Jan 21 2008, 04:15 PM
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#1
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![]() From Atlantis to Interzone Group: Global Moderators Posts: 2,512 Joined: 23-February 06 From: Somewhere in space and time Member No.: 65 |
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. -------------------- Holy shit, pebkac, you're awesome! "Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." - Theodor Seuss Geisel (AKA Dr. Seuss) "An idea that is not dangerous is unworthy of being called an idea at all." - Oscar Wilde |
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Jan 21 2008, 05:16 PM
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#2
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![]() Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35 |
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" -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Jan 21 2008, 08:51 PM
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#3
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![]() N 0 t h i n g Group: Members Posts: 1,449 Joined: 23-February 06 Member No.: 54 |
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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Jan 21 2008, 09:24 PM
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#4
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![]() Group: Members Posts: 1,302 Joined: 20-February 07 Member No.: 721 |
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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pebkac Economic stimulus packages Jan 21 2008, 04:15 PM
Dogmeat the only thing that will stop the coming recession... Jan 21 2008, 04:42 PM
Psykopath Recessions happen. It's part of the economic c... Jan 21 2008, 05:00 PM
The Fanatic "Let's further devalue the dollar by prin... Jan 22 2008, 03:36 AM
Psykopath QUOTE (The Fanatic @ Jan 22 2008, 03:36 A... Jan 22 2008, 03:47 AM![]() ![]() |
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