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Topic:
Why do people think Presidents and Congress can "fix" the economy?
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regulator_cracka
Title: They finally recognized greatness.
Posts: 3,726
Registered: 2009-1-6 15:07:53
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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They can not. Congress can possibly pass stricter tax codes / laws which would hinder companies from moving more jobs to other countries, but they would only pass those extra expenses onto the consumer.
The only way to fix the economy is jobs, and corporations have been reaping large profits for over a decade now while shipping jobs to other countries. Without these jobs the economy will never be the same.
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Rhodoman
Posts: 1,397
Registered: 2001-6-14 21:02:19
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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The government can set their taxing and spending policy and make it more than temporary.
One of the big reasons that businesses are reluctant to hire and start spending money again is that they are unsure about what the federal government is going to change next and how badly it will affect them.
Rho
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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Maybe if government wasn't a roulette wheel of threats, theft, punishment and incompetence then the world would stabilize and get back to work.
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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Rhodoman posted:
Rho
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regulator_cracka
Title: They finally recognized greatness.
Posts: 3,726
Registered: 2009-1-6 15:07:53
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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Rhodoman posted:
The government can set their taxing and spending policy and make it more than temporary.
One of the big reasons that businesses are reluctant to hire and start spending money again is that they are unsure about what the federal government is going to change next and how badly it will affect them.
Rho
Bs! and you know it. Despite any taxing/spending policy these corporations will not bring jobs back because it has been, and more than likely always will be more profitable to set up shop on foreign soil. Our economy has been eroding for decades now, so what magic taxing / spending policy will bring jobs back?
Aerlinthian posted:
Maybe if government wasn't a roulette wheel of threats, theft, punishment and incompetence then the world would stabilize and get back to work.
Argle bargle, ron paul big gubment conspiracy nonsense. Anything of relevance to add?
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Self Appointed Smart Ass - Level 80
If you think my opinion is idiotic, re-read yours.
Dont worry I will give my opinion anyways.
The PvP MMO is NOT a "niche" market, Mythic is just a "niche" company.
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combat_mage_sc
Title: Hi. My name is Combat and i'm an alcoholic.
Posts: 1,061
Registered: 2001-7-20 21:19:21
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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They break it by over regulating it.
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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regulator_cracka posted:
Anything of relevance to add?
http://youtu.be/0gxKStPXyn8
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-Abysmal-
Posts: 1,328
Registered: 2000-12-20 06:45:24
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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well they tell us they can...are you saying the President & politicians lied to us?
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Hyperimiator
Title: Maximus Probus
Posts: 840
Registered: 2001-7-20 18:55:36
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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Tax penalty for overseas income, tax breaks for using american workers.
Problem solved.
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regulator_cracka
Title: They finally recognized greatness.
Posts: 3,726
Registered: 2009-1-6 15:07:53
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Date Posted:
1/1/00 12:00am
Subject:
Why do people think Presidents and Congress can "fix" the economy?
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Hyperimiator posted:
Tax penalty for overseas income, tax breaks for using american workers.
Problem solved.
I know, but labor costs would most likely offset that unless the tax breaks were very significant but then there is more loss of tax revenue. It seems either way it will be pushed onto the tax payers.
That is the option I can think of too, but it does not seem feasible.
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Self Appointed Smart Ass - Level 80
If you think my opinion is idiotic, re-read yours.
Dont worry I will give my opinion anyways.
The PvP MMO is NOT a "niche" market, Mythic is just a "niche" company.
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