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Veskit posted:Trump came out with his new yuuuge and glorious tax plan and it looks dangerously appealing to everyone involved except the mega rich. However on paper it seems ok from a republican standpoint, how enforceable is this plan? If implemented would it increase governmental revenue since most taxes are paid by the top anyway? From a brief look it looks insanely unenforceable to expect that you can collect on it, and the lack of corporate taxes seems really dangerous. Its a terrible idea since we'd have to operate a government already in debt with interest on a neutral income.
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Sep 28, 2015 17:56
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Veskit posted:With interest rates as low as they are and a growing economy why should we care about the deficit that much when we can print free money to cover it and just debt our way to success? Economic growth is not infinite, and we're going to want to be in a better financial situation before it goes south again.
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Sep 28, 2015 18:23
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Veskit posted:Politics! Stop it. Look, you really can't separate the two too much, considering that the GOP has basically made the Fiscal policy of the Federal Government key to their entire "Prove the Government Is Broken" stratagem. Kansas, Wisconsin, and now Illinois are living proof that Fiscal Policy is directly and overtly decided, made or destroyed by political agenda and its important to keep that political agenda in view when discussing Fiscal policies and their issues.
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Sep 29, 2015 15:22
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asdf32 posted:That bubbles don't explain most growth in the last few decades and "juicing" needs a definition before we probably conclude the same thing about it. Juicing is a different way of saying "Cooking the books" China masks actual growth numbers with artificial economic stimulation.
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Sep 30, 2015 03:09
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asdf32 posted:I don't think that's what Helsing meant. http://www.economist.com/blogs/freeexchange/2015/07/chinese-economy http://www.wsj.com/articles/chinas-true-growth-is-a-mysteryeconomists-weigh-the-clues-1430071125 No, they are not growing as much as they think they are. In fact, like Typo pointed out, its entirely possible the government is no longer even sure how much growth is real and how much is masked by inflated numbers and government stimulus. What's more, China's growth, whatever growth is there, is steadily slowing. We can't be sure how much of the growth is real. They have grown a lot. But that doesn't mean their growth is sustainable or even fully fleshed out.
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Sep 30, 2015 03:24
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