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Old 10-23-2012, 11:08 PM #43
TheSilentAssassin
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Quote:
Originally Posted by Maxpow999 View Post
If no business had to pay taxes they would have quite a bit of money to re-invest.
until our physical and technological infrastructure becomes too obsolete for businesses to function, our education becomes too poor to supply capable workers, our citizens become too unhealthy to work, our rates of poverty rise drastically creating vastly negative consequences (no money means no market), and our military becomes too weak to protect property rights...
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Old 10-23-2012, 11:26 PM #44
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Originally Posted by tsbalr120 View Post
yeah, into dividends and other financial securities.

I doubt it would grow companies much to hire more employees.
That depends on demand for goods, doesn't it?

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Originally Posted by drgonzo View Post
Actually it is more than speculation, it is an accepted economic principle. This is because employee costs are holistic in a market economy and employees produce capital for companies. UI premiums are part of an employee's compensation costs and are paid for on his or her behalf specifically. The employee's labor generates the capital that pays for that. A healthy competitive labor market puts the appropriate pressure on wages and would prevent a business owner from stealing the capital. Of course the lack of UI would make for unhealthy labor market competition, so destroying UI as advocated would help compound a downward wage spiral.
Who advocated eliminating UI?

As for the rest, do you have a citation for that?

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Old 10-23-2012, 11:32 PM #45
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Lower tax rates while eliminating the vast majority of the tax code (that allows for deductions, credits, and deferments). Lots of deregulation (finance, health care, insurance, and telecommunications in particular).

I'd then push for reform at the state level to improve our public education system (school choice/vouchers).
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Old 10-24-2012, 02:55 AM #46
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Originally Posted by custar View Post
Who advocated eliminating UI?
Animal Mother. Having people work for money is employment, not insurance. Funny how government jobs (socialist!) are perfectly fine to conservatives in this context.
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Old 10-24-2012, 11:33 AM #47
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For everyone here advocating fiscal stimulus, why not monetary stimulus?
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Old 10-24-2012, 12:14 PM #48
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Originally Posted by drgonzo View Post
Animal Mother. Having people work for money is employment, not insurance.
Thank you for the clarification. I was not advocating eliminating UI, but you were responding to one of my posts.

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Old 10-24-2012, 01:05 PM #49
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Originally Posted by licence2kill View Post
For everyone here advocating fiscal stimulus, why not monetary stimulus?
Because the trade debt means that most of the money that would be spent would leave the US economy.

I give you $300 and you go out and buy a made in China TV most of that money goes out of the US economy to China.

I pay you $300 to build a road, or another public work (similar to FDR's PWA projects), that money goes in your pocket (which you then spend buying the new TV sending that $300 out of country), but I also buy road base, asphault, and tar which puts others to work here in the US. It also allows me to collect income taxes from you and everybody else.



TL;DR you give money to people they spend it on foreign manufacturing which transfers that move out of your economy. You make people work for money you are forcing that money in to your manufacturing and your economy.
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