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Originally Posted by jms62
"Grow our Economy" . Such a simple solution. Problem is how can you grow your economy when those that purchase goods and services that cause the growth dont have any money? Why? Because their jobs which provide them with money have been shipped to The Third world. One comapnies wages are another companies revenue.
With much respect, your policies of reducing taxes has not worked for many a year. With all due respect you continue to be locked in a 1980's time warp repeating the same tired mantra.
These are extrodinary times and require extrodinary measures. Playing nice with those that have hijacked capitialism require thinking not found in a 1950's Economics textbook which most all of us have been operating from. But as I said before those that make the rules are owned by those that benefit from the rules so we are stymied. It will require a violent uprising for this country to ever get back on track.
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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.