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Old 10-06-2011, 08:11 AM
 
Location: Portland, OR
8,802 posts, read 8,902,028 times
Reputation: 4512

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Ok so let me get this straight.

Spend $400 billion on "jobs" via a 5% tax on millionaires--->the money is spent people do their make-work jobs--->the money runs out-->the jobs end---> we're back to the same ol' same ol'.
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Old 10-06-2011, 08:23 AM
 
Location: The land where cats rule
10,908 posts, read 9,559,463 times
Reputation: 3602
Quote:
Originally Posted by VTHokieFan View Post
Ok so let me get this straight.

Spend $400 billion on "jobs" via a 5% tax on millionaires--->the money is spent people do their make-work jobs--->the money runs out-->the jobs end---> we're back to the same ol' same ol'.
Exactly. Another fantasy from 0-bama. Additionally, I would wager that if this were to go through a significant portion of the money would not go toward its stated goal. Give the government any money and they will waste it on themselves and pet un-needed projects.
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Old 10-06-2011, 08:25 AM
 
45,237 posts, read 26,464,208 times
Reputation: 24996
It is one big a** example of the "broken window fallacy"

Government takes (steals) from us to create crony run bubbles.
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Old 10-06-2011, 08:27 AM
 
3,566 posts, read 3,734,841 times
Reputation: 1364
Quote:
Originally Posted by Arjay51 View Post
Exactly. Another fantasy from 0-bama. Additionally, I would wager that if this were to go through a significant portion of the money would not go toward its stated goal. Give the government any money and they will waste it on themselves and pet un-needed projects.
The merit of the Senate Democrats' tax proposal is that it removes the fig leaf of a "jobs bill" so we see it is really all about redistribution.
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Old 10-06-2011, 08:33 AM
 
6,137 posts, read 4,863,777 times
Reputation: 1517
Quote:
Originally Posted by VTHokieFan View Post
Ok so let me get this straight.

Spend $400 billion on "jobs" via a 5% tax on millionaires--->the money is spent people do their make-work jobs--->the money runs out-->the jobs end---> we're back to the same ol' same ol'.
You forgot the most important part --> Obama gets re-elected.
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Old 10-06-2011, 08:38 AM
 
Location: Portland, OR
8,802 posts, read 8,902,028 times
Reputation: 4512
Quote:
Originally Posted by Frank DeForrest View Post
It is one big a** example of the "broken window fallacy"

Government takes (steals) from us to create crony run bubbles.
That's not what the broken window fallacy explains
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Old 10-06-2011, 08:43 AM
 
Location: Del Rio, TN
39,875 posts, read 26,526,580 times
Reputation: 25777
Quote:
Originally Posted by VTHokieFan View Post
Ok so let me get this straight.

Spend $400 billion on "jobs" via a 5% tax on millionaires--->the money is spent people do their make-work jobs--->the money runs out-->the jobs end---> we're back to the same ol' same ol'.
We tossed away $800 billion last time...maybe the results will only be half as bad this time.

Doesn't anyone in DC remember the debt debates and how close we came to defaulting a couple months ago? What will it take to get it through these idiot's heads that we just can't keep spending money we don't have?
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