Dailykos... who reads that trash? Also get over the whole GOP vs DEM thing. If you haven't figured it out by now; you probably never will. GOP and DEM are the same party. Both parties support big spending and stupid wars. I suggest you start thinking for yourself.

They introduced a bill to repeal the Affordable Care Act ("Obamacare"). Repeal of Obamacare will promote job growth.

Stop swinging from my jock Veta...

DC already hit the nail on the head but seriously, stop this "GOP EVIL DEMOCRATS GOOD" bullshit. They're both corporatist chickenhawks who do not give a fuck about the peoples' interests. Corporate influences are so pervasive in the American government that I would argue that our government no longer serves the interests of the people at all outside of a bit of lip service now and then and therefore is illegitimate and should be overthrown. The time has long passed for us to be able to make a change to the system within the system itself. Both the Democrats and the Republicans have found themselves adept at absorbing third-party issues into their fold and then dumping them 20 years later (Progressives and the New Deal? The Tea Party?). Our system is fucked, that is something on which we can all agree. Change cannot come from within the system.

http://www.vanityfair.com/society/features/2011/05/top-one-percent-201105?currentPage=all

lets throw thisone into the mix. I say both of the parties has failed the people

I suggest that Boner Oiler reads Game Change

Skrum please eloquently explain how the Romneycare *cough* Obamacare* bill's repeal would induce job growth. Why wasn't our economy growing jobs before it's inception?

Furthermore do you have any semblance of understanding of macro economics? The only way to get out of a recession is to increase demand. You accomplish that by either spending money as a command government would do, or putting it in the hands of consumers, like the poor who actually demand goods. Billionaires will not increase their demand for goods when they have all the money they need, conversely poor people always want to buy more things.

According to economic theory literally taking money from rich people and giving it to the poorest of the poor would dramatically boost our economy. But I guess you'd flip shit about that, so the next best thing is differentiating the tax brackets and massive social legislature reforms. In fact, the Obama/Romneycare bill actually does exactly this by increasing the demand of healthcare practitioners and thus increasing demand and spending.


I probably just as much as you want this country to succeed. They say if you scratch a cynic you find a disappointed idealist, I am not yet disappointed. But it sometimes feels like you and other conservatives are standing stalwart against progress, against improvement. Skrum, please read this short article from the New York Times: http://www.nytimes.com/2011/01/17/opinion/17krugman.html

It eloquently describes the discussion we're having.

I do appreciate you debating this with me though.

Boner,

Same question I asked Marxism: Show me some data on the relationship of marginal propensity to consume to income. If there is a difference in marginal, not average, propensity to consume, redistribution of income has an effect on aggregate demand to the extent of the difference. Rich people have a lower average propensity to consume than poor people, but it is not average propensity to consume that matters. If the marginal propensity to consume is say, 80%, for both rich and poor, and rich guy spends $1,000,000 and poor guy spends $10,000, and you take $100 from rich guy and give to poor guy, rich guy spends $999,920 and poor guy spends $10,080. Aggregate demand does not change.

My comment on Obamacare (=/= Romneycare) is about first order effect on jobs directly. Employers are sitting on their cash. They will not hire new workers because they will have to pay for the new workers' health insurance. They will try to squeeze more out of the workers they already have.

Boner; I understand your frustration; I would be frustrated as well; if I saw things through the eyes of Paul Krugman.

Please read Hayek; or better yet; just listen to Marc Faber for a few minutes.

This will give yourself a better understanding of the opposite side of the economic argument.

Let's face it; Keynesian economic theory took a big hit with this recession.

Also; btw; you are very demonstratively incorrect when stating that "increasing demand" is the only way to get us out of this recession. (ECON 101; no need for MACRO on that one)

skrum is right on the money with the relationship between health-care uncertainty/cost and hiring.