XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: lunch@nofreelunch.us   
      
   On Sun, 19 May 2013 03:36:57 -0400, "Scout"   
    wrote in alt.atheism:   
      
   >   
   >   
   >"Free Lunch"  wrote in message   
   >news:1higp852og9tt0ppu8aa4p370077cdbvrs@4ax.com...   
   >> On Sat, 18 May 2013 22:00:24 -0400, "Scout"   
   >>  wrote in alt.atheism:   
   >>   
   >>>   
   >>>   
   >>>"Free Lunch"  wrote in message   
   >>>news:f8afp8trnqnk1gnco20rpnjbqdbhn5i60v@4ax.com...   
   >>>> On Sat, 18 May 2013 11:10:06 -0500, RD Sandman   
   >>>>  wrote in alt.atheism:   
   >>>>   
   >>>>>Tom McDonald  wrote in news:imClt.5$7h5.2   
   >>>>>@newsfe07.iad:   
   >>>>>   
   >>>>>> On 5/17/2013 10:59 PM, linuxgal wrote:   
   >>>>>>> Free Lunch wrote:   
   >>>>>>>> They were only highest in nominal dollar amounts. Raising taxes on   
   >>>>>the   
   >>>>>>>> wealthy and raising spending will help the economy grow without   
   >>>>>>>> increasing deficits.   
   >>>>>>>   
   >>>>>>> Sure.  The wealthy will be just SO incentivized to open new factories   
   >>>>>>> with higher taxes punching a bigger hole in the bottom of their boat.   
   >>>>>>>   
   >>>>>> They don't seem to have been all that incentivized by previous tax   
   >>>>>cuts,   
   >>>>>> and the economy seems to be doing better with some tax hikes.   
   >>>>>   
   >>>>>The economy needs both more revenue and less spending.   
   >>>>   
   >>>> Not at the moment.   
   >>>   
   >>>So you approve of massive deficit spending then?   
   >>>   
   >>>And here you were bitching about Reagan.   
   >>   
   >> Let me repeat: There is no _right_ solution.   
   >   
   >That's not known. What is known is that there certainly are solutions which   
   >are less right.   
      
   There is a solution that is appropriate for the times, not a simple   
   overarching solution that always applies.   
      
   >> Deficit spending depends on   
   >> how well the economy is doing.   
   >   
   >True, but one should also allow for bad times when one is figuring their   
   >long term budgets.   
   >   
   >After all, what is one of the first pieces of advice give to anyone setting   
   >out their budget.   
   >   
   >Savings?   
   >   
   >I think so.   
      
   Savings are only good if someone else is going to borrow it and spend   
   it.   
      
   >> Reagan was a perfect Keynsian in the   
   >> first few years as he raised spending and cut tax revenue. The problem   
   >> was that he refused to raise taxes and cut spending once the recession   
   >> was over.   
   >   
   >Ah, so the moment things get the least bit better, that's the time to start   
   >dragging down the economy again?   
      
   Not 'least bit', but yes, over the economic cycle there should be a   
   rough balance.   
      
   >Meanwhile Obama seems to be doing almost everything wrong to get us out of   
   >the recession and the recession ended more in spite of his actions than   
   >because of them.   
      
   What has he done wrong that the Republicans are not saying they would   
   have done an even worse job on?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)