Comments on: Economic Stimulus By Cutting Capital Gains Taxes: How Would That Work Out For Ya? http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/ Firedoglake weblog Sat, 18 Feb 2012 06:48:16 -0600 hourly 1 http://wordpress.org/?v=3.1.2 By: prostratedragon http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680885 prostratedragon Mon, 13 Oct 2008 16:06:05 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680885 <p>Mmm, <i>not</i> mundane, though admittedly something of an acquired taste. The increasing returns/monopolistic competition/location stuff has been a known Prize claim for him for some time.</p> <p>Possibly some of his currency crisis work would also have rated, but I’m not sure how it stands historically.</p> Mmm, not mundane, though admittedly something of an acquired taste. The increasing returns/monopolistic competition/location stuff has been a known Prize claim for him for some time.

Possibly some of his currency crisis work would also have rated, but I’m not sure how it stands historically.

]]> By: rwcole http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680823 rwcole Mon, 13 Oct 2008 15:30:19 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680823 <p>McCain has advocated the same social security privatization plan the killed Bush’s JARs and also advocated a 1.3 trillion cut in medicare THIS YEAR!</p> <p>“Reform Social Security: John McCain supports supplementing the current Social Security system with personal accounts–but not as a substitute for addressing benefit promises that cannot be kept. John McCain will reach across the aisle, but if the Democrats do not act, he will. No problem is in more need of honesty than the looming financial challenges of entitlement programs. Americans have the right to know the truth and John McCain will not leave office without fixing the problems that threatens our future prosperity and power.<br /> Control Medicare Growth: The growth of spending on Medicare threatens our fiscal future. John McCain has proposed comprehensive health care reforms that will reduce the growth in Medicare spending, protect seniors against rising Medicare premium payments, and preserve the advancements in medical science central to providing quality care.”</p> <p>Source: Campaign plan: “Bold Solutions for Economic Prosperity” Feb 3, 2008</p> McCain has advocated the same social security privatization plan the killed Bush’s JARs and also advocated a 1.3 trillion cut in medicare THIS YEAR!

“Reform Social Security: John McCain supports supplementing the current Social Security system with personal accounts–but not as a substitute for addressing benefit promises that cannot be kept. John McCain will reach across the aisle, but if the Democrats do not act, he will. No problem is in more need of honesty than the looming financial challenges of entitlement programs. Americans have the right to know the truth and John McCain will not leave office without fixing the problems that threatens our future prosperity and power.
Control Medicare Growth: The growth of spending on Medicare threatens our fiscal future. John McCain has proposed comprehensive health care reforms that will reduce the growth in Medicare spending, protect seniors against rising Medicare premium payments, and preserve the advancements in medical science central to providing quality care.”

Source: Campaign plan: “Bold Solutions for Economic Prosperity” Feb 3, 2008

]]> By: STTPinOhio http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680821 STTPinOhio Mon, 13 Oct 2008 15:29:38 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680821 <blockquote><p>When in doubt on these economic issues, I tend to listen to Krugman.</p></blockquote> <p>I saw Jeffrey Sachs on some of the talking head shows over the weekend.</p> <p>He seemed to make a lot of sense as well.</p> <p>He even dared to say (gasp!) “The rich are gonna have to pay more taxes!”</p> <p>On national TV, while speaking to some rich anchor person, no less!</p>

When in doubt on these economic issues, I tend to listen to Krugman.

I saw Jeffrey Sachs on some of the talking head shows over the weekend.

He seemed to make a lot of sense as well.

He even dared to say (gasp!) “The rich are gonna have to pay more taxes!”

On national TV, while speaking to some rich anchor person, no less!

]]> By: egregious http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680818 egregious Mon, 13 Oct 2008 15:27:35 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680818 <p><a href="http://firedoglake.com/2008/10/13/plausible-deniability-ur-doin-it-wrong/" rel="nofollow">Eli’s up</a> with an awesome graphic.</p> Eli’s up with an awesome graphic.

]]> By: rwcole http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680817 rwcole Mon, 13 Oct 2008 15:26:55 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680817 <p>That’s an interesting chart– wonder how in the hell it was put together? Was it a study of actual results or voodoo?</p> That’s an interesting chart– wonder how in the hell it was put together? Was it a study of actual results or voodoo?

]]> By: cinnamonape http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680816 cinnamonape Mon, 13 Oct 2008 15:25:34 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680816 <p>Jane- Great shot across the bow! I hope that Obama is fully up on the economics going into the debate. IMO Lindsey should have kept his mouth shut. This is another case where the McCain campaign has blown it. Obama does even need to “steal the signals” of the McCain team! The punter has bragged about the “fantastic” play book while he’s off in the bar in the other teams home town.</p> <p>Another point. McCain suddenly has become a “believer” in the safety net value of Social Security? What’s with that. Just three years ago he was trying to get everybody under 55 into private accounts run by folks like Lehman Brothers. Now he says “We have to allow the recently retired to keep their money in Social Security because of the problems with the market.” Guess SS is a lot less “broke” than Wall Street!</p> <p>If workers had been put into the Bush plan that McCain supported most of them would have lost 50% of the value of their accounts. In fact, if that proposal had been passed (thank God for the Democrats like Obama), the “Republican brand” would likely have been more of the type that ranchers put on cows.</p> Jane- Great shot across the bow! I hope that Obama is fully up on the economics going into the debate. IMO Lindsey should have kept his mouth shut. This is another case where the McCain campaign has blown it. Obama does even need to “steal the signals” of the McCain team! The punter has bragged about the “fantastic” play book while he’s off in the bar in the other teams home town.

Another point. McCain suddenly has become a “believer” in the safety net value of Social Security? What’s with that. Just three years ago he was trying to get everybody under 55 into private accounts run by folks like Lehman Brothers. Now he says “We have to allow the recently retired to keep their money in Social Security because of the problems with the market.” Guess SS is a lot less “broke” than Wall Street!

If workers had been put into the Bush plan that McCain supported most of them would have lost 50% of the value of their accounts. In fact, if that proposal had been passed (thank God for the Democrats like Obama), the “Republican brand” would likely have been more of the type that ranchers put on cows.

]]> By: selise http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680814 selise Mon, 13 Oct 2008 15:23:19 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680814 <p>glad you liked it. imo one of his best.</p> glad you liked it. imo one of his best.

]]> By: spacefish http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680813 spacefish Mon, 13 Oct 2008 15:23:02 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680813 <p>Holy S***!!! Obama has just claimed NC! Being an NC State grad, it really hurts to see Dean Smith making sense.</p> Holy S***!!! Obama has just claimed NC! Being an NC State grad, it really hurts to see Dean Smith making sense.

]]> By: selise http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680811 selise Mon, 13 Oct 2008 15:20:37 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680811 <p>in case i unclear, i meant the trade consensus during the clinton years (washington consensus, neoliberal economics, imf/wto polices). was he against that? i thought not? would love a link or two if i’m wrong. thanks.</p> in case i unclear, i meant the trade consensus during the clinton years (washington consensus, neoliberal economics, imf/wto polices). was he against that? i thought not? would love a link or two if i’m wrong. thanks.

]]> By: rwcole http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680809 rwcole Mon, 13 Oct 2008 15:19:14 +0000 http://firedoglake.com/2008/10/13/economic-stimulus-by-cutting-capital-gains-taxes-how-would-that-work-out-for-ya/#comment-1680809 <p>When in doubt on these economic issues, I tend to listen to Krugman.</p> When in doubt on these economic issues, I tend to listen to Krugman.

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