On 5/31/2015 7:38 AM, deep wrote:
> On Sat, 30 May 2015 21:56:17 -0700, Rudy Canoza
> <LaLaLa...@philhendrie.con> wrote:
>
>> On 5/30/2015 9:14 PM, deep wrote:
>>> On Sat, 30 May 2015 20:22:58 -0700, Rudy Canoza
>>> <LaLaLa...@philhendrie.con> wrote:
>>>
>>>> On 5/30/2015 7:44 PM,
fi...@fubar.com wrote:
>>>>> On Sat, 30 May 2015 16:43:27 -0700, in talk.politics.guns Rudy Canoza
>>>>> <LaLaLa...@philhendrie.con> wrote:
>>>>>
>>>>>> The jobs that would have existed if people still had money to buy the
>>>>>> things they want. If they're paying more in taxes, they don't have as
>>>>>> much disposable income, and the reduction in their purchases leads
>>>>>> directly to job loss.
>>>>>>
>>>>>> The money spent on bullshit "infrastructure" make-work projects doesn't
>>>>>> create as many jobs. Lots is lost to corruption, cronyism, unions, etc.
>>>>>> No, you don't. No, giving money to deadbeats who ought to be feeding their
>>>>>> own fucking goddamned kids, or not having them.
>>>>>>
>>>>>> But thanks for admitting that you are only fucking around about
>>>>>> "infrastructure", that what you really intend is to spend the money on
>>>>>> undeserving parasites.
>>>>>
>>>>> What you're talking about, at least in your first paragraph, is known
>>>>> as "supply side economics" (SSE) and it works much of the time; in
>>>>> theory, it's a solid concept.
>>>>>
>>>>> SSE does *not* work in an environment of deficit spending and,
>>>>
>>>> Stop it. A tax cut during a recession in order to stimulate the economy
>>>> is usually going to create a deficit, and it *will* stimulate the economy.
>>>
>>> Of course that is
>>
>> Factual. Yes.
>
> Obviously it doesn't otherwise we would have had a major economic boom
> instead of a total bust is 2008. That is PROOF POSITIVE cutting
> taxes does NOT stimulate the economy. It assumes that the wealthy
> will spend more money in the economy. They don't. The only way to
> get money in the economy is in the hands of the people who will really
> need it and spend it on things like food and clothes for their kids.
>
The wealthy don't store their wealth in their mattresses. They put it
into income-generating things like stocks and bonds. That money gets
used to build stuff, which means it gets used to pay wages to people who
build stuff. If the government takes it as taxes, the most that can
happen is that it's now the government rather than private industry who
pays the wages of people who build stuff. And you have bureaucrats with
no skin in the game deciding where the money goes, which leads to
inefficiencies in how that money is used. The best you can hope for is
a zero-sum game, and even that isn't likely.