Economist agree overwhelmly with Obama's plan

[QUOTE="Genetic_Code"][QUOTE="gobo212"]

Who contributes more than those with the hardest jobs? Does someone who invests in in real estate really deserve more than a farmer or factory worker? After all you could get by without the real estate mogul but not without the farmer.

Nifty_Shark

Another wrench in the system. There is no satisfiable answer.

Well you gotta be smart with money. Some people know how to make money work for them.

The old adage is true; You need money to make money.

[QUOTE="burpysmurph"]Genetic_Code, political debate is not supposed to be about a superficial match of wits, it is about putting forth a valid argument, and addressing it as such.Genetic_Code

Excuse me if I sound witty. I was just trying to be brief. I'm not one to elaborate when my insight of any topic is insufficient compared to my insight in others.

Sorry, if this seems like s stupid question, but who are you referring to when you state, "Deserves it most?" Middle Class or upper class?

FallofAthens

That is not a stupid question and I do not have an answer at this time that couldn't be described as stupid, because the image of an Exxon CEO virtually doing nothing but receiving so much wealth because he has a way at manipulating people for his own interests and not theirs comes to mind. That being said, categorizing people into certain groups can be faulty because there are always exceptions. Ceteris parabus, those that contribute the most to society deserve wealth the most.

Also, I'm through for the night. My apologies are offered to you burphysmurph if I'm rather irritating to communicate with.

Thanks for the answer, That makes sense. ;)

Why, exactly, does the tax have to be split between people? Why can't everyone just pay the same tax?

Thanks for the answer, that makes sense. ;)

FallofAthens

But I didn't give you an answer. :lol:

[QUOTE="FallofAthens"]

Thanks for the answer, that makes sense. ;)

Genetic_Code

But I didn't give you an answer. :lol:

In your own little way you have. :P

I thought, "Whoever works the hardest," was said answer? :D

142 people 10% of which were reuplican.....so 14 republicans took the survey. Not biased at all.

McCain's trade policy is a lot better than Obama's......

At least that is what my econ teachers say.....Particular my international econ teacher who is an Obama supporter.

They mainly sighted that keeping low-skilled labor oriented jobs here had a high economic cost to the US as a whole. They suggested that if we outsource these jobs and import these goods there is a net economic gain. Using the net economic gain we can educate the people who lost jobs for new fields and still have an increase in GDP. The US sugar industry is a prime example of this, it has goverment protection. The net economic cost of a job in the sugar industry is 200k, they pay around 30k though. So the net economic lose from keeping the job here is 170k per worker........

Obama wants to keep the jobs here, and the loses, and McCain wants to educate workers into new fields using the net economic gains from outsourcing.

Mafiree

Ok so lets think about it this way. 44% were independent. Out of those independent people 75% agree with Obama's policies. That is a four to one ratio in favor of Obama. I'm pretty sure you can do the simple math to see where I got those numbers. But that just shows that Economist are at a big concensus that Obama's economic policies are better.And its also interesting as to why there are so little republican economist? Is it that republican ussually have anti-educational views. I'm sure that is not all of them. But I always hear from the nut conservatives that education is just a way to brainwash liberal ideas into the people.

In your own little way you have. :P

I thought, "Whoever works the hardest," was said answer? :D

FallofAthens

You make me appear better than I actually am. :(

[QUOTE="illegalimigrant"]

Who are you voting for? And when the economy is the biggest issue why would you not go with the recomendations of the economic experts.

Genetic_Code

Because they might be wrong. The government has played too much of a role in the economy to begin with, and they could be the ones partially responsible for the recent crisis.

I guess you haven't been watching the news..

[QUOTE="Genetic_Code"][QUOTE="illegalimigrant"]

Who are you voting for? And when the economy is the biggest issue why would you not go with the recomendations of the economic experts.

hojobojo

Because they might be wrong. The government has played too much of a role in the economy to begin with, and they could be the ones partially responsible for the recent crisis.

I guess you haven't been watching the news..

how hasnt he?

[QUOTE="Genetic_Code"][QUOTE="burpysmurph"]

Instead of playing "negativity propaganda politics", much favoured by McCain/Palin of late, would you care to actually address the fruit of these issues I raised?

burpysmurph

Another loaded question. Regardless if I say yes or no, you've already made the assertion that I haven't addressed the fruit of such issues. Therefore I will not answer your question, because by doing so with a simple yes or no will be an admission to your own faulty assertion.

You asked me a question. I answered.

You made a statement. I clarified, to some partial agreement.

You described a certain portion of society (while making a minor slap at me). I denounced it, saying that this isn't exclusive to just that portion of society.

You attacked me by raising baseless assumptions. I didn't even call you out on that other than addressing the issues with your statement and that I would consider thinking outside the box.

Then why do I get the feeling that you are trying to skirt the real issues with flashy one-liners?

You betcha!

It makes sense. I don't support welfare, and believe in huge welfare reform. That money can be used elsewhere, however with the economy relying on 70% consumption(middle class) vs 30% investment(upper class), it only makes sense to give tax cuts to those who spend the money. The upper class will still be able to afford to invest(and will still invest as this ensures capital preservation), and by pumping money into the economy from consumption, you create demand, higher dividend yields, more jobs do to higher demand with a net effect of the economy growing and becoming stabalized. This also has the net effect of recovering the massive amounts investments that have been loss due to the down turned economy(good for the upper class....and all the middle class people who are about to retire).

Also consider that Alan Greenspan had his heart broke(he believed that the economy could fix everything if it is let alone). He has now come back and said he did not realize how terrible the self-interest of banks(read upper-class) was. It is this self interest that is one of the main causes that we are in this economic down turn.

Capitalism is the greatest economic policy a country can have...however...left unchecked the greed of men will destroy everything below them and eventually themselves. As much as I am for smaller gov't, capitlism can not go unchecked. There must be checks and balances and it must be left up to the gov't to create these checks and balances.

I would rather have the government be in control of our money rather than the Federal Reserve

Sam_Phisher

Governments should not be in control of the baserate.

John Major proved that.

Did you even read that study? They interviewed 683 people, but only 142 (one-fifth of the target audience) responded. Of those that responded, ten percent (fourteen) of them were Republicans, whereas 46 percent (seventy) were Democrats, and the rest picked "neither." Of course the results are gonna favor Obama by an overwhelming majority! And this isn't even a representative of one-one-hundredth of the economists in the nation!

Fail study is fail.

That poll also shows that only around 10% of the people they asked identified with the Republican party. I am still voting for Obama though.

Why would any normal person want the government to be controlled by a party that only cares about supporting the interests of Big Business?

That poll also shows that only around 10% of the people they asked identified with the Republican party. I am still voting for Obama though.

Why would any normal person want the government to be controlled by a party that only cares about supporting the interests of Big Business?

swamprat_basic

Poisoning the well. I might as well say the Democrats only want the interest of illegal immigrants.:roll:

Did you even read that study? They interviewed 683 people, but only 142 (one-fifth of the target audience) responded. Of those that responded, ten percent (fourteen) of them were Republicans, whereas 46 percent (seventy) were Democrats, and the rest picked "neither." Of course the results are gonna favor Obama by an overwhelming majority! And this isn't even a representative of one-one-hundredth of the economists in the nation!

Fail study is fail.

Theokhoth

1/5 is actually a verygood response for a statistical study. Most studies are content with a response of less than 10%.

The 46% / 10% divide of Democrat to Republican could also be a sign that intelligent people are more likely to vote Democrat instead of Republican, but that would be taking the numbers out of context.

[QUOTE="swamprat_basic"]

That poll also shows that only around 10% of the people they asked identified with the Republican party. I am still voting for Obama though.

Why would any normal person want the government to be controlled by a party that only cares about supporting the interests of Big Business?

Theokhoth

Poisoning the well. I might as well say the Democrats only want the interest of illegal immigrants.:roll:

Except stating that Democrats only support the interest of illegal immigrants would be a false statement.

[QUOTE="Sam_Phisher"]

I would rather have the government be in control of our money rather than the Federal Reserve

fidosim

The Fed = The government. Same with FEMA. See why conservatives are so apprehensive about someone like Obama?

I am curious what dillusions are you guys seeing in this? McCain voted for the 700 Billion dollar bailout... He is as much a proven socialist as Obama... And he has already shown GARENTEED spending in continuing the war in Iraq, while lowing taxes even FURTHER.. Meaning we will not only increase government spending but he will try to lower taxes even further to increase our 10 trillion dollar debt (which will change to some 50 trillion in 10 years time). McCain clearly doesn't know what he is talking about when it comes to the economy when he tried to LINK THE GREAT Depression to be caused by taxes..

[QUOTE="Theokhoth"][QUOTE="swamprat_basic"]

That poll also shows that only around 10% of the people they asked identified with the Republican party. I am still voting for Obama though.

Why would any normal person want the government to be controlled by a party that only cares about supporting the interests of Big Business?

swamprat_basic

Poisoning the well. I might as well say the Democrats only want the interest of illegal immigrants.:roll:

Except stating that Democrats only support the interest of illegal immigrants would be a false statement.

Just like the statement that Republicans only care about the interests of big businesses is a false statement. It's also a generalisation and petty bigotry. Poisoning the well.

[QUOTE="swamprat_basic"][QUOTE="Theokhoth"][QUOTE="swamprat_basic"]

That poll also shows that only around 10% of the people they asked identified with the Republican party. I am still voting for Obama though.

Why would any normal person want the government to be controlled by a party that only cares about supporting the interests of Big Business?

Theokhoth

Poisoning the well. I might as well say the Democrats only want the interest of illegal immigrants.:roll:

Except stating that Democrats only support the interest of illegal immigrants would be a false statement.

Just like the statement that Republicans only care about the interests of big businesses is a false statement. It's also a generalisation and petty bigotry. Poisoning the well.

Your absolutely right, McCain supports socialism just as much as Obama, after all he voted for the $700 Billion dollar bail out.. That seems quite hypocritical.

I am only one course away from an econ major...and I have to say that some of the stuff I am hearing is absolutely ridiculous!!! Someone said that at times like this we should leave the market alone and just give people money. I mean I dont think there is anything more backwards than this. Let me give an overly simplified outlook. Let us say that for the most part that our economy canbe represented by a slanted sine/cosine wave. An absolutely free market tends to have a higher amplitude and a higher frequency while a big govt regulated market tends to have a lower amplitude and a lower frequency. This means that the optimal situation when the economy is up is a free market while the best situation when the economy is down is more govt regulation and involvement. This minimizes our falls during not so good times and lets the market reach its potential in good times.

you can sortof see what Im talking about here...republicans are all over the place and they tend to have the highest (except for FDR) and the lowest

heres the thing...when people say that it is ridiculous to think that democrats will lower taxes and that they always say just to get elected...I say...what about republicans and spending/big govt....that is as big a lie as the other one. If you give me an exception to the rule for the republicans Ill give you one for the dems....so...anasbouzid

In my opinion, the GOP is Big Business's tool of ensuring that they stay wealthy and powerful. The Republican Party specializes in giving more money and more power to those who all ready have all of the money and all of the power. I even believe that their social interests of stopping gay marriage / abortion are just attempts to gain a strong religious voting base.

Did you even read that study? They interviewed 683 people, but only 142 (one-fifth of the target audience) responded. Of those that responded, ten percent (fourteen) of them were Republicans, whereas 46 percent (seventy) were Democrats, and the rest picked "neither." Of course the results are gonna favor Obama by an overwhelming majority! And this isn't even a representative of one-one-hundredth of the economists in the nation!

Fail study is fail.

Theokhoth

Of the independents more than 75% favored Obama. I guess you can figure that out with simple math.