No more Twinkies - Hostess out of business

[jms62]

Originally Posted by Cannon Shell

Reducing taxes on individuals is far different than reducing corporate tax rates, capital gains, etc. You want to get caught up in the chicken or egg argument. The idea that you can penalize businesses into hiring people is not supported by any reasonable theory. These times are no more extraordinary than any other time in our history just different because the world is different. Being that the global economy is so much larger and we are not as soley in control of our own destiny as we were in the past dwelling on certain segments while ignoring others is folly.

In sports the saying is "winning solves everything". Growing the economy solves most issues. It isnt easy to do especially with politicians pandering for votes, the voters wanting something regardless of which party is in charge (yeah everyone wants something whether it be social programs, tax cuts, prefered status, etc.) and most people being too stupid to realize this.

You say these arent extordinary times but Never in the history of our country were we at a point where improving business didnt directly translate into jobs for the country. And your reasonable theory is again from 1950's text books. The game has completely changed, countries like China and India are not buying our products as they are protecting their economies . We are not and we are getting absolutley crushed. I hope you are right and I am wrong but I am not seeing that at this point.