broken.crayons
Eeeeehhhh college work.
I still have a year until all of that! Well, less now. But this is all depending on if I actually get accepted to any of them... I've been stressing over that recently. And if I can afford it.
With Barack Obama's Economic Policy which is Laughable!
(McCain's was too)
But, ya know how Obama said that he was giving everyone a tax cut 'cept the richer 5%...Yeah he said recently he's going to let that stay until 2011. He also said tax cuts to eveyrone else too. Here's where the big EPIC FAILURE occurs! Big Government + Tax Cuts is not working right now. Albert Einstein once defined insanity as: 'Insanity: doing the same thing over and over again and expecting different results.' Think about it Big Government sucks, and doesn't make any sense in economic, or even basic arithmetic, sense. Supply-side theory is far more nuanced than many of its latter-day political practitioners make it out to be. Yes, lower marginal tax rates increase economic growth by enhancing incentives to produce while reducing incentives to conceal income from the tax collector. The latter can partially or wholly offset revenue losses from the tax cut depending on the circumstances, while the former inevitably leads to greater revenues over time. But this is not the same as saying every tax cut, or even every cut in marginal tax rates, will necessarily increase government revenues, much less increase them enough to keep up with rapid government expansion. it is irrational to base economic policy on approaching this point while continuing to increase government spending.
Government spending has to be paid for somehow. If it won't be paid for by taxation, it will be paid for through borrowing (which itself can amount to nothing more than deferred taxation) or inflation (printing off more Money). Both of these methods take resources from the economy in their own way just as surely as taxes.
You got me Started Broken
I troll Obama Supporters Daily (IRL) I LOOOOOOOOOOOOOOOOVE IT
broken.crayons
Are you a sophomore or a junior?
Both Transfer Student, not all of my credits transferred over, so thus...I am a Junior in Limbo!
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