This blog is designed just for you to keep me informed and to keep you on the "right track."
Wednesday, October 22, 2008
Here comes another stimulus?
What is the best way boost the economy? Do we build up our infrastructure, thus provide jobs? Or do we provide tax cuts to businesses in hope they will provide more jobs? How about another tax rebate in time for Christmas! Ho, ho, ho...
One word, Reaganomics. We reduce the growth of government spending, reduce the marginal tax rates on income from both labor and capital, reduce regulation of the free market, and reduce inflation by controlling the growth of the money supply. It works! You allow buisnesses to have more money, they will get bigger, create jobs, and that will give money to people, who will buy more, thus causing demand to go up, thus creating more jobs, and on and on. But don't just take my word for it, look at Germany, they how somewhat copied the Reaganomic agenda and, according to CIA World Fact Book, they have a surplus! not a deficit, a surplus! Not to mention the largest exports. Yes, bigger than almighty China. So look at history, not only can we learn what not to do, we can learn what TO do as well.
i also agree with future pilot. we learn form our past and sometimes its the chance you take that prove to be good in the end. Reaganomics can be seen as a big risk by some but you have to keep in mind the bigger the risk the bigger the reward. Everyone would be happy if we would finally have a surplus.
Future pilot should be a future politician. That is probably the best response to any question I have seen on this "Always Right" blog. I agree with his Reaganomics plan 100%.
5 comments:
One word, Reaganomics. We reduce the growth of government spending, reduce the marginal tax rates on income from both labor and capital, reduce regulation of the free market, and reduce inflation by controlling the growth of the money supply. It works! You allow buisnesses to have more money, they will get bigger, create jobs, and that will give money to people, who will buy more, thus causing demand to go up, thus creating more jobs, and on and on. But don't just take my word for it, look at Germany, they how somewhat copied the Reaganomic agenda and, according to CIA World Fact Book, they have a surplus! not a deficit, a surplus! Not to mention the largest exports. Yes, bigger than almighty China. So look at history, not only can we learn what not to do, we can learn what TO do as well.
I agree with future pilot. Everything he said seems to make perfect sense. Must i say any more.
i also agree with future pilot. we learn form our past and sometimes its the chance you take that prove to be good in the end. Reaganomics can be seen as a big risk by some but you have to keep in mind the bigger the risk the bigger the reward. Everyone would be happy if we would finally have a surplus.
Future pilot should be a future politician. That is probably the best response to any question I have seen on this "Always Right" blog. I agree with his Reaganomics plan 100%.
i think future pilot has won the debate on this one lol i have no further comments
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