Quote Originally Posted by Lyle View Post
OK how do you get jobs to come to you? You give the companies some breaks. I agree that the BIG companies get the big breaks and sometimes it's uncalled for, I didn't like the bail out of Bear Stearns anymore than you.

Bush doesn't make the Fed cut rates the Fed Chair controls what happens in there he is not controlled by the President, I mean the President can replace him but if that was the case Greenspan wouldn't have lasted as long as he did.


Supply side economics is simple, you let the people have more money to spend and make up the difference via sales tax and corporate taxes as business would increase if spending increased but the problem is that sometimes people don't want to spend any money. You don't cut taxes during a war that's a big no-no...I will agree on that. Make an arguement for big tax hikes...should we have to pay this government more for what they have done I'd rather they do more with less instead of less with more.

Kirkland please....PLEASE come vote for Obama I am sure his policies are just going to blow our fucking minds. We've already had an inexperienced elitist prick running the show for 8 years and now you want another one but from another party and you think he's going to be different, how cute.
The government subdidies have zero to do with job creation. Multinationals have been downsizing and outsourcing and offshoring their taxable liabilities for decades now and they still get their subsidies.

Bush does control the Fed. Alan Greenspan's top priority under the Clinton admin. was to end the deficits and balance the budget and develop a surplus to pay for future increases in Medicare/SS, because that was Clinton's priorities. When Bush took over Greenspan suddenly saw the surplus as dangerous and something that could lead to socialism and his top priority was giving it and much more away in tax breaks to the top 1% of earners, because that was Bush's proority. That's hoe Greenspan lasted as long as he did. Fe dchairs throughout history are endlessly on the record as doing the president's bidding :

White House officials have told us that President Bush intervened forcibly to convince an initially reluctant Federal Reserve to reduce interest rates. "There were some telephone calls from the White House to the Fed in which some very crude language was used."

Swoop, January 28th-February 3rd report


I'll deal with tax cuts and the elitist Obama when I have time later.