tag:blogger.com,1999:blog-2098432983500045934.post4993005681586678228..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: Objectivity and Attitude Simple ArithmeticThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2098432983500045934.post-75545196513019886412013-12-08T21:35:39.672-05:002013-12-08T21:35:39.672-05:00... but the justification for it is better.... but the justification for it is better.The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-11490864628796398912013-12-08T20:46:10.803-05:002013-12-08T20:46:10.803-05:00"We could let China and Japan fund SS."
..."We could let China and Japan fund SS."<br /><br />No, we shouldn't do that.<br /><br />We should look at how spending-money in this country has been suppressed over the decades, and how the use of credit has been encouraged by policy to compensate for the suppression of money. We should realize that these changes have influenced economic growth for the worse. We should understand that certain ranges of some monetary balances have beneficial effects, and other ranges have harmful effects on growth. And we should establish policies to move our monetary balances back to the ranges where we will be able to achieve vigorous growth.<br /><br />Please note that moving monetary balances in the necessary direction will accomplish the objectives you want to accomplish by eliminating FICA taxes.<br />The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-12521762032103140602013-12-08T19:41:30.401-05:002013-12-08T19:41:30.401-05:00Hi Jazz,
If it were accepted that increased spend...Hi Jazz,<br /><br />If it were accepted that increased spending is not possible then that wouldn't be the only proposal on the table. <br /><br />The tax that has seriously cut into labor's share is the FICA tax. We could let China and Japan fund SS.jimnoreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-15519008443745757682013-12-08T15:57:47.815-05:002013-12-08T15:57:47.815-05:00jim -
Wow - that is total nonsense.
When have th...jim -<br /><br />Wow - that is total nonsense.<br /><br />When have the liberals not accepted that the current congress won't go for more spending?<br /><br />Give me a cite or two.<br /><br />And relating that to corruption surpasseth all understanding.<br /><br />Eliminating FICA is a patently horrible idea. It funds SS and keeps it from being a welfare program.<br /><br />There's a lot that could be done just with tax policy to increase labor's share, which is the root of the problem, but the Rethugs will obstruct everything.<br /><br />We're basically screwed, for a long, long time.<br /><br />JzB<br /><br />Jazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-71924035556949742222013-12-08T09:31:10.632-05:002013-12-08T09:31:10.632-05:00You could get a trillion dollars in increased spen...You could get a trillion dollars in increased spending into the economy by eliminating the FICA tax. It is puzzling why people think that increased government spending is the only way. More govt spending has no realistic possibility of happening. The refusal to accept that reality makes it seem that liberals are every bit as stupid or corrupt as the right portrays them.jimnoreply@blogger.com