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Comment on: Random notes

A Brief Look At Obama's Economic Plans

4 Comments

Very interesting, but...

your analysis doesn't prove in any substantial way that such a policy will not spur economic growth, or that more Americans will benefit economically when compared to the Republican plan. Politics is a numbers game. If Obama's plan allows more average Americans to have more disposable income to inject into the economy then overall the plan is a fairly good one. The Republican's plan and policies as it stands makes it very difficult for families to have disposable income, which decreases competition between businesses. For example, think about it, if no one had any money, they will go to Wal-Mart. The small businessman can not compete with Wal-Mart. People's spending dollars will be concentrated to a very small number of corporations which reduces competition.

Mark

Sadly you caught me on precisely the wrong day to get a prompt reply. Work demands more attention than usual this morning. If you wait until a bit later, I will do my best to answer this.

Until then, a short answer is this: It doesn't matter how many tax breaks you give the middle class if you soak the corporations tot he point where they can't employ them. Also, as I said, he never ties himself down on the question of who will get his tax breaks, and just as Clinton defined "rich" as anyone making $50K, I have a feeling "working families" will be VERY narrowly defined in practice.

But when I have a bit more time I will respond properly. (Also to your comment that the Republicans tax cuts somehow get rid of disposable income...)

GOBAMA

For Lower Taxes, Steady Leadership, Smaller More Efficient Government, Economic Growth & Energy Independence!
GOBAMA!!!!

Left Nut

Welcome to the blog, and thanks for the comments.

On the other hand, I have to say your comments aren't exactly persuasive. You are cheer leading, that I can see, but it would work a bit better if you actually tried to convince me that Obama would provide any of the things you mention. As it is, you seem like a Ravens (or years ago, a Colts fan) fan who insists on going into a bar in Pittsburgh and shouting "Go Ravens!" Just someone looking for a fight.

But if you should feel like actually debating the point, feel free to come back. Always open to debate on this.