tag:blogger.com,1999:blog-2098432983500045934.post7421015207466704359..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: Andy HarlessThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2098432983500045934.post-49647125004190520632011-04-30T05:57:46.064-04:002011-04-30T05:57:46.064-04:00"Not enough money in the hands of the po'..."Not enough money in the hands of the po' folk.<br /><br />Which might actually be why they've been induced to borrow so much."<br /><br /><br />Its DESIGNED this way.<br /><br />I heard some republican congressman last summer suggest that unemployment payments be treated like LOANS. <br /><br />The big boys think its all THEIR world and everyone else is allowed to play here...... for a fee.Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-38806306310275873392011-04-30T02:11:17.199-04:002011-04-30T02:11:17.199-04:00Not enough money in the hands of the po' folk....<i>Not enough money in the hands of the po' folk.</i> Exactly, who have not seen tax cutting, but gross overtaxation, above all by creating a irrational trillion dollar Social Security "trust fund". A plan to destroy SS under the guise of saving it. Also with contribution from state and local nickel-and-diming sales taxes etc, anything to get the burden off the rich and onto the poor.Calgacushttps://www.blogger.com/profile/06031818010224747000noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-50701112089666894232011-04-29T21:22:17.633-04:002011-04-29T21:22:17.633-04:00I don't know if you could convince Andy Harles...I don't know if you could convince Andy Harless that his premise is wrong. But I know I can get from his premise to my conclusion.The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-74030663862874009162011-04-29T14:49:56.268-04:002011-04-29T14:49:56.268-04:00Speaking of Noah, check out Bruce Wilder's com...Speaking of Noah, check out Bruce Wilder's comment <a href="http://noahpinionblog.blogspot.com/2011/04/short-thoughts-mostly-about-decline-of.html" rel="nofollow">here</a><br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-89994876516583561412011-04-29T14:40:50.842-04:002011-04-29T14:40:50.842-04:00If reductions in taxes and regulation increase the...<i>If reductions in taxes and regulation increase the incentive to invest, </i><br /><br />Except the "if" is inoperative.<br /><br />Higher taxes (up to some relatively high level we'll never see) increase the incentive to invest.<br /><br />Higher rates increase the value of the expense/amortization.<br /><br />Plus Mike Kimel at Angry Bear has had many posts disproving the canard that tax cuts are good for the economy.<br /><br />I ask, why has 30 years of almost continuous tax cutting led to the great stagnation and the great recession?<br /><br />Not enough money in the hands of the po' folk.<br /><br />Which might actually be why they've been induced to borrow so much.<br /><br />Alas,<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.com