So Republicans are planning to explode the deficit in order to cut taxes on the wealthy. Nobody should be surprised -- but many are, Why? 1/
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W odpowiedzi do @paulkrugman
Paul Krugman, economist, thinks economies are static. Wealth creation is spurred by investments and savings. Not by govt's wasteful spending
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W odpowiedzi do @WillRicci @paulkrugman
Wealth creation is spurred by both. And if we "make the pie bigger" but all of the pie growth goes to 1% of the people, what's the point?
5 odpowiedzi 22 podane dalej 266 polubionych -
W odpowiedzi do @RealSteveCox @paulkrugman
Wealth creation is not spurred by government spending. The money must be taken from elsewhere. Wealth creation in the economy.
41 odpowiedzi 1 podany dalej 2 polubione -
W odpowiedzi do @WillRicci @paulkrugman
That's simply not true. When properly managed, every dollar of tax money put into an economy results in anywhere from $1.50-2.50 in growth.
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Look at it like this, Will: Imagine a person who takes home $10 million in a year, after taxes. Milk still costs $5. Gas is still $3/gal. 1/
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So they end up putting 90% of that money in savings. They sock it away. That removes that money from circulation in the economy. 2/
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Ten tweet jest niedostępny.
Government debt that pays for wars we shouldn't be fighting, planes we shouldn't be buying, and crashing the economy in 2008.
Wydaje się, że ładowanie zajmuje dużo czasu.
Twitter jest przeciążony lub wystąpił chwilowy problem. Spróbuj ponownie lub sprawdź status Twittera, aby uzyskać więcej informacji.