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Re: Economic stimulous orr deficit??
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: WeNdY</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Does tax break Or <span style="font-weight: bold">Increasing purchasing power of unemployed</span>
workers , Which is the greater stimuli of the economy?? </div></div>
Ditto to remo's question. When you are un employed you have limited purchasing power no?
In all honesty I am kind of tired of the "tax break" rhetoric. It's time to get real.. the gov need revenue and tax breaks for every sector of the population just ago sink this country into more debt.
What is a better stimulant for any economy is innovation and having viable manufacturing industries. American innovation has been MIA for a long time now. </div></div>
Tax breaks are a fools gold, you get what you already have. With tax breaks your real income does not increase, you cost goes down, but you earnings remains unchanged.
If you have no maney tax breaks will not help you.
If you have money already, tax breaks will not necessarily lead to you increasing investments, expenditure, purchasing or spending.
If Unemployed people get money you can bet you last dolla they are going to spend it - pent up demand.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: WeNdY</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Does tax break Or <span style="font-weight: bold">Increasing purchasing power of unemployed</span>
workers , Which is the greater stimuli of the economy?? </div></div>
Ditto to remo's question. When you are un employed you have limited purchasing power no?
In all honesty I am kind of tired of the "tax break" rhetoric. It's time to get real.. the gov need revenue and tax breaks for every sector of the population just ago sink this country into more debt.
What is a better stimulant for any economy is innovation and having viable manufacturing industries. American innovation has been MIA for a long time now. </div></div>
Tax breaks are a fools gold, you get what you already have. With tax breaks your real income does not increase, you cost goes down, but you earnings remains unchanged.
If you have no maney tax breaks will not help you.
If you have money already, tax breaks will not necessarily lead to you increasing investments, expenditure, purchasing or spending.
If Unemployed people get money you can bet you last dolla they are going to spend it - pent up demand.
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