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Real Time, May 25, 2012 ( Michelle Bernard, Paul Krugman, Arthur Laffer ) (Original Post) edcantor May 2012 OP
how would MORE TAX CUTS HELP???? pansypoo53219 May 2012 #1
Because they incentivize people who make hiring decisions. tclambert May 2012 #2
Incentivize Producers?!? chervilant May 2012 #3
Well, chervilant May 2012 #4
"Government never creates wealth" thucythucy May 2012 #5

tclambert

(11,086 posts)
2. Because they incentivize people who make hiring decisions.
Sun May 27, 2012, 06:11 PM
May 2012

So the tax cuts should just be for personnel managers.

chervilant

(8,267 posts)
3. Incentivize Producers?!?
Sun May 27, 2012, 08:04 PM
May 2012

What an arrogant ass! I am a producer, Laffer, so why can't I be helped to recover from this excruciating depression?! I can no longer afford to live in my own home, and I have no income for the foreseeable future!

I bet Mr. Laffer doesn't have a scintilla of concern for people like me...

chervilant

(8,267 posts)
4. Well,
Sun May 27, 2012, 08:11 PM
May 2012

I suppose I should be thankful that Krugman and others are calling this depression a DEPRESSION!!!!

thucythucy

(8,052 posts)
5. "Government never creates wealth"
Mon May 28, 2012, 10:03 AM
May 2012

is another right wing myth that has been repeated so often it's taken serious hold in the minds of tens of millions of people. It's the kind of GOP BS that needs to be refuted every chance we get.

Just a few examples of government creating "wealth"--by which I mean jobs, economic activity, increase in the production of durable goods, along with the markets (that is, people wealthy enough) to purchase them:

The interstate highway system under Eisenhower: without which the tremendous economic booms of the 50s and 60s wouldn't have been possible;

The rural electrification program under FDR: without which people in many rural communities would still be using keresene to light their homes. Provision of a government subsidized electric grid created a huge, hitherto nonexistent market for everything from light bulbs to washing machines to air conditioners to radios/TVs etc. etc.

The "GI Bill of Rights" under FDR/Truman, which enabled millions of returning veterans to buy their own homes, resulting in tremendous growth in the housing market, millions of jobs in the construction trades and in the manufacturing sector for home appliances, furniture, etc. etc. The GI Bill also helped millions of returning vets either to go to college for the first time or to return to college, leading to an educated workforce and huge gains in productivity in the era 1945 to 1970 (along with an unprecedented growth in American higher education, making it the best in the world).

I could go on.

We HAVE to dispute these right wing talking points every chance we get, because otherwise we'll never be able to move past all this Ayn Randian/Laffer nonsense that's dragged us down for so long.

Latest Discussions»Retired Forums»Video & Multimedia»Real Time, May 25, 2012 (...