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Politics Where we learn not to think less of others who don't share our views |
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#1 | |
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A recent study found more entrepreneurs starting new businesses in 2009 than at any other time in the past 14 years....in part, because, even with tight lending, money is cheap right now as a result of the current Fed policy. http://thehill.com/homenews/senate/9...ew-businesses- Add to that the recent (and largest) middle class and small business tax cuts and tax credits.... but these dont come without a cost to the deficit as well. I do agree with Brooks on one point. Its easy to be on the outside criticizing and waving their signs, like the Tea Party crowd. Its much harder to offer constructive and realistic solutions. The US debt has to be addressed, but there are no simple solutions. Certainly not the notion of cutting spending AND cutting taxes, given that the largest and fastest growing component of the debt is entitlement programs (Social Security, Medicare....) The solution will require compromise and tough decisions including cutting spending AND raising taxes. added: I am still perplexed at how silent the Tea Party crowd have been on the need for financial regulatory reform....another indication that they, at least the token leaders (Palin and now Rand Paul and to a lesser extent, Gingrich), are not interested in consensus building as much as they are in imposing their own narrow ideology. To some degree, IMO, the Cellar is a microcosm of the country. Alot of complaining by those who dont like the current policy direction, but very little in the way of alternative constructive solutions. Last edited by Redux; 05-22-2010 at 10:09 AM. |
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#2 | |
still says videotape
Join Date: Feb 2001
Posts: 26,813
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Getting centrists elected is the tough part since they can't speak to blind ideology. They have no core group to hold in place while they reach out to other voters. Rand Paul is going to get creamed defending BP the way he is. Sometimes corporations really are the bad guys. Growing small business should be the focus of centrists. Let's not create a regulatory morass that suppresses start-ups, but we damn well better regulate and hold big business accountable for environmental and economic destruction.
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
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#3 |
Beware of potatoes
Join Date: May 2007
Location: Upstate NY, USA
Posts: 2,078
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I think you need to look back at the last century to see who was in charge when all the major deficit making wars were started. It wasn't Republicans. Republicans did get us out of most of them.
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"I believe that being despised by the despicable is as good as being admired by the admirable." |
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#4 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
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True enough, but you are thinking of the old GOP which is quite dead. It is time to open our eyes to what is.
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
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#5 | ||
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I still dont see anyway out of the necessity to have spent significantly in the last year to keep the economy from tanking completely. No one wanted the bank bailouts, but many understood the necessity....and no one, but the free traders thought that the economy would recovery on its own w/o some type of stimulus....spending or tax cuts. When the economy is stabilized and growing again, I am all for responsible cuts in discretionary spending....including defense. But the biggest bugaboo is Medicare. There is a relatively easy fix for Social Security...raise the base of income subject to the payroll tax and the system is financially sound for another 50 years...through the baby boomers. The Medicare fix is not so easy, but tax increases will certainly need to be part of the solution. Quote:
The cost of the war to-date? About $1 trillion and counting....all of it off-budget and not offset by spending cuts. The long-term costs are likely to exceed $2 trillion. To depose a tyrant who posed no direct threat to the US and had no relationship with those who attacked us on 9/11. Last edited by Redux; 05-22-2010 at 02:26 PM. |
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#6 |
changed his status to single
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
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I think you'll find new businesses tend to launch more as unemployment climbs.
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Getting knocked down is no sin, it's not getting back up that's the sin |
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#7 | |
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And fiscal policy as well. I would suggest the small business tax incentives in the stimulus bill helped to some degree and so did the bank bailouts. Without all of the above, credit certainly would have been much tighter than it is at present. Last edited by Redux; 05-22-2010 at 02:54 PM. |
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#8 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
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Are you saying that loose monetary policy, which was a major driver in our near collapse, is going to save us now?
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
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