i kinda like cutting taxes...after all isn't it considered a bad idea to make drastic changes when you are in a time of crisis? I was just wondering what everyone else thought.
Tax cuts because look how well that one stimulus did everyone just pocketed it and invested it no one spent it.
HAHA! people spend stimulus money. period.
and also, invested money is GREAT money. it HELPS the MARKET raise in VALUE which makes EVERYONE BETTER off. why do you think the GOVERNMENT ENCOURAGES INVESTMENTS DURING RECESSION? it helps.
also, most stimulus dollars help those who don't have money/jobs (and if you dont have a job you don't have money) AND GUESS WHAT! when you didn't have money for living before, and NOW you have money, NOW you can have a place to stay and food to eat, and NOW you're helping the economy.
shut your mouth if you don't know what you're talking about.
If I had some cash right now I wouldn't save it. I would go out and spend it on clothes, food and maybe a new Ipod.
But you know I can't. Because I have no money. I wouldn't save that money for a rainy day because THIS IS THE RAINY DAY. I'm sure some people would save some stimulus dollars but I for one would know I would just go on a shopping spree.
based that offa rememberance of printing off more money.
People saving and quantitative easing are not the same thing. In fact, I read an article just this morning stating how little an impact the printing of more money has been for the UK economy.
The government's already spent enough money (i doubt we'll get out of debt within my life time, if it keeps being ignored at least), so it would be a very unwise choice to give both tax cuts and stimulus money.
Stimulus dollars = Short term money to spend = once spent you'll own the Gov for it = Higher taxes = you won't make as much in each dollar as you did before the recession = you won't be able to afford as nice of a house/cloths/food = will drag out the effects of the recession longer...
Anyways stimulus dollars is just a short term fix, in the long term you'll have to pay back MORE than you got (interest) and make less money for the rest of your life, maybe even screw your kids into paying for it, but you don't care for your kids or anyone else do you?
will drag out the effects of the recession longer...
actually, all the evidence is that stimulus dollars keeps us out of a recession, and from having a worse recession.
it's been stated before: Great Depression--- Hoover lowers taxes, depression worsens, unemployment skyrockets, homelessness skyrockets, etc. ---FDR begins stimulus money/programs, depression begins evening out and eventually rises, unemployment is lowered, homelessness is lowered,etc.
in the long term you'll have to pay back MORE than you got (interest)
actually you pay back less than you got because of inflation also: governments engaging in smart trading (as Clinton did) will lessen the debt/deficit
