dagblog - Comments for "An Extrapolation by an Economic Idiot (me)"

Yeah, I get the idea. Next

MrSmith1 — Fri, 17 Jun 2011 03:17:56 +0000

In reply to OVERPAID, yeah I am already

Yeah, I get the idea. Next lifetime, we choose richer parents.

Romney has no empathy, so he

MrSmith1 — Fri, 17 Jun 2011 03:15:18 +0000

Romney has no empathy, so he makes a clumsy, ridiculous statement in a lame attempt to connect to people. All Bill Clinton, a far more skilled politician, had to do in a similar situation was bite his lip and say, "I feel your pain."

Romney could, of course, claim that by running for President, dog-gone-it, he's already created jobs ... for his staff, and that his investing his own money in his campaign is part of his plan to put Americans back to work!

TPM has the story on Mitt

NCD — Fri, 17 Jun 2011 02:56:12 +0000

In reply to An Extrapolation by an Economic Idiot (me)

TPM has the story on Mitt from CNN about his claim to a group of unemployed that 'he is unemployed too".

Mitt Romney is reportedly worth $200 million, weren't George W. Bush's tax cuts for the rich supposed to allow them to use the money to trickle it down and create jobs? Where are the jobs Mitt has created with his big Bush tax savings?

If all he is going to do is use it to fund an extravagant retirement, tax him to pay some teachers salaries, or to reduce the deficit, or pay for Dubya's wars!

For some reason my comment

trkingmomoe — Fri, 17 Jun 2011 01:03:20 +0000

In reply to Thanks, trkingmomoe, it's

For some reason my comment posted twice. Hmmm? Can I blame it on the computer fairy?

Taxes is an economic tool that if used right can grow an economy by moving unproductive money back into circulation to multiply and grow demand.

OVERPAID, yeah I am already

Richard Day — Fri, 17 Jun 2011 00:56:40 +0000

In reply to An Extrapolation by an Economic Idiot (me)

OVERPAID, yeah I am already pissed off by your first paragraph.

I mean they talk about how hard it is to exist on 250 g's a year on fox, and then they lambast the worker for making 50 g's.

This makes me so goddamn mad....

Well you get the idea!

Thanks, trkingmomoe, it's

MrSmith1 — Fri, 17 Jun 2011 00:26:03 +0000

In reply to There are economists that

Thanks, trkingmomoe, it's nice to know that at least one thought that popped into my head isn't completely idiotic. hahaha.

There are economists that

trkingmomoe — Fri, 17 Jun 2011 00:13:41 +0000

In reply to An Extrapolation by an Economic Idiot (me)

There are economists that point out the same thing. It is discussed in the Seven Innocent Frauds of Economics. Taxes is a strong incentive to make people be productive and produce goods to earn enough to pay them. After all why would you make widgets when you can call your broker and let him grow your money and pay little taxes on the earnings.