"I helped create the GOP tax myth. Trump is wrong. Tax cuts don't equal growth."

Here is 1) the proof that you're wrong, and 2) proof that you are totally ignorant of the subject that you are pretending to know something about...




https://medium.com/fifty-by-fifty/m...9de8c6049?mc_cid=f70521030f&mc_eid=45eee5dc67
https://www.arizmendibakery.com/about
https://usworker.coop/democratic-workplaces/
Recent Employee Ownership Legislation in the U.S.
Performance of Worker Cooperatives

 

Wrong. He have see worker ownership and control of production as an economic form. Here's one of many examples: http://pvsquared.coop/

 

How are pictures proof? If worker control was better the idea would have spread like wildfire 150 or 140 years ago 130 years ago. You pretend its not a free country. You pretend that Europe and USA companies have not tried 1 million structures to see what works best. What you see today in free societies is what naturally evolved. You're idea is just another anti science lib commie idea, like the libcommie who think if govt owns all the land the world will be perfect, or the fool who want import certificates, or the libcommie who wants Keynesian macro economic management or the liberals who still support Hitler Stalin and Mao. If liberalism had the IQ to understand capitalism the world would be a far less deadly place

 

No it is how you finance a government. And government finances itself with money supply increases and debt as well. It can't even live within its taxed means.

 

more specifically Democrats cant live within in taxed means.
Republicans have introduced 30 Balanced Budget Amendments; all killed by Democrats!

 

And it shouldn't. Macroeconomic rationality typically demands debt. The only issue is how to minimise risks such as overheating

 

obviously govt debt should be avoided at all costs because taxpayers don't want to pay it off, particularity
when it is paying off a loan whose proceeds were wasted by libcommie govt. It is like paying off a house that you never got to live in.

In fact every American family owes $180,000 for the federal govt debt and is paying it off in taxes or inflation that significantly reduce their standard of living. Every family in America, in effect, has a $180,000 vacation home that they don't know about or can't use!! Thank you liberals!

 

No, debt money is inherently destabilizing because of its positive feedback effect. Macroeconomic rationality demands debt-free money.

That risk is inherent in debt money because of its positive feedback effect, which central banks have to monitor and manage.

 

what is PFB effect??????????????

 

Miss Keynes, go straight to Henry?

 

Um, yeah, no.

 

Utter nonsense. Period.

 

I hate to tell you but, while the two parties say different things, they do similar things when in power. George Bush, as an example was a serious spender.

 

Consider the business cycle. Also consider the threat of economic crisis. In a downturn unemployment rises. Human capital then deteriorates. End result? Without government interventionism, equilibrium unemployment will rise (creating hysteresis effects in unemployment).

Consider market failure in investment. There will be insufficient investment in infrastructure, again inflamed through macroeconomic movements. Without government interventionism, future growth will be lower.

Consider austerity. End result? Debt actually increased because sound fiscal policy was not followed.

 

As I said Republicans tried 30 times for Balanced Budget Amendments. It would be law tomorrow if Democrats supported. Newts passed house and fell one vote short in Senate. Today debt would be $0 not $20 trillion if not for dasterdly Democrats. Do you understand this?

 

Consider that libcommie govt intervention killed 120 million in USSR and Red China.

Consider that more libcommie govt intervention in Europe than USA has led to what, in America, we call Eurosclerous or slow slow growth.

 

No because it isn't true. Republicans overspend also. Congress is not going to give up its unlimited ability to spend other people's money without a fight.

 

The economy is self healing. Government can hamstring it but can't really fix it. The current economic growth results from removing former government intervention.

Nonsense.

I define sound fiscal policy as government living within its means.

 

I said if Democrats would support a balanced budget amendment enough so it was passed by Congress debt would be $0 dollars rather than $20 trillion. Now do you understand?

 

very true in fact a recession is the time it takes the economy to recover from liberal interference.

 

if govt tax and spent $10 trillion a year would you consider that living within its means?

 

<yawn> Lincoln and other enlightened governors issued debt-free money long before anyone ever heard of Henry George.

 

Get a new government then, that one's obviously broken.

 

I would do that tomorrow if I had the power to do so.

 

Yes. It is the inflation and debt that is killing us. I understand, of course, that the government could never get away with 10 trillion in tax revenue. What we need is a smaller, less expensive government.