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Re: You go Fine Young Singer
Justi, thanks for your comment. Part of the problem that we are having is that people don't think in terms of long-run. This is a society of instant gratification, and most people don't look past there current paycheck.
It's evident in the bank bailout---how many people are still shocked that the economy hasn't bounced back yet?
posted by
FineYoungSinger
on October 23, 2008 at 6:40 AM
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You go Fine Young Singer
gap If we tax those big corporations your mutual funds get a direct hit. If we tax the large corporations we cut the jobs and benefits mr and ms middle class bring back into our economy. Ask those people in Michigan. The small businesses which are truly the base for jobs and always has been have been trampled almost to the ground already. If we give this election to Obama we will be like Cuba in less than a year unless Islam has taken over totally.
posted by
Justi
on October 22, 2008 at 2:02 PM
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Re:
gap--there are three reasons why your argument doesn't wash.
1, the "share the wealth" check isn't Palin's idea...Alaskan Citizens have been getting a check since 1982, because
2, The State of Alaska owns the property, not the oil companies, which is why they are sharing in the profits, an example of
3, State sovereignty, whereby each of the 50 states can conduct business outside of the 24 powers of the US Constitution as they see fit.
This is NOT socialism...this is CAPITALISM, and a very fair distribution of state profits among citizens living in an oil rich state.
Socialism would be if the oil companies owned the land and the government stepped in and took the profits and handed it over to the citizens of Alaska.
posted by
FineYoungSinger
on October 22, 2008 at 10:58 AM
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This tax on the hoggy oil companies and subsequent thousand buck emergency energy rebate sounds suspiciously like Sara Palin's arrangement with Big Oil in Alaska where every resident gets a big fat "share the wealth" check. So, is Sara being a socialist, or just a plain old maverick? All I know is that "Economics" can be argued many ways, which is why we have such an interesting campaign now. By the way - thanks for dropping into my post, Singer. Mal
posted by
gapcohen
on October 22, 2008 at 7:55 AM
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Hi sam.....it's pretty interesting when you read the actual plans, how much
of them are in legalspeak. "A Net Tax Reduction" means an overall reduction of contribution to the pool, not a percentage cut. There are no proposed cuts at all in the plan.
posted by
FineYoungSinger
on October 22, 2008 at 5:49 AM
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This is fantastic! I will pay closer attention now! I agree all should take economics in high school! sam
posted by
sam444
on October 21, 2008 at 9:03 PM
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