QM, instead of reading whatever right wing blog all these slogans are coming from (Ameri-marxists? HAH GOLD!), can you take the trouble to pick up a copy of The Economist one week? This week's edition will do you quite well. They're economically right and socially left.

I think what you'll find is that most pragmatists regardless of their economic persuasion have realized 3 things about the current economic situation in the US:

1) Keynesian monetary policy works and that no sensible economist believes that the stimulus has not helped to reduce unemployment from the much higher level 12/13%+ it would have reached otherwise.

2) Spending will have to be trimmed in social security/medicare/medicaid/pensions and defense, and the retirement age will no doubt rise.

3) The Bush tax cuts were the single biggest contributors to the expansion of the federal debt from a balanced budget before the global financial crisis hit. Over time, taxes will have to rise to cope with the costs of medicare/pensions because of an ageing population.

>> ^quantumushroom:

I sincerely appreciate the correction. While the source was incorrect, the quote yet remains 100% true. You will never tax your way to prosperity and you'll achieve nothing by demonizing the wealthy.
Here's another quote you're sure to enjoy. Google it to your hearts' content.
FDR's treasury secretary, Henry Morgenthau, wrote in his diary: "We have tried spending money. We are spending more than we have ever spent before and it does not work. ... We have never made good on our promises. ... I say after eight years of this administration we have just as much unemployment as when we started ... and an enormous debt to boot!"

If only the left and Odumbo could prove me wrong with jobs and prosperity instead of empty rhetoric and blame, I'd gladly admit to being wrong. Until then, I voted the bastards out November 2nd and it felt great. Expect it again in 2012.
I really don't understand why Ameri-marxists don't vote with their feet and move to already-socialist Europe...just try to avoid Greece...they're having a bit of trouble.

As a proud member of the Ameri-marxist party, I only stay in the USA to annoy the Conserva-rapists and Republi-pedophiles.

>> ^quantumushroom:

I sincerely appreciate the correction. While the source was incorrect, the quote yet remains 100% true. You will never tax your way to prosperity and you'll achieve nothing by demonizing the wealthy.
Here's another quote you're sure to enjoy. Google it to your hearts' content.
FDR's treasury secretary, Henry Morgenthau, wrote in his diary: "We have tried spending money. We are spending more than we have ever spent before and it does not work. ... We have never made good on our promises. ... I say after eight years of this administration we have just as much unemployment as when we started ... and an enormous debt to boot!"

If only the left and Odumbo could prove me wrong with jobs and prosperity instead of empty rhetoric and blame, I'd gladly admit to being wrong. Until then, I voted the bastards out November 2nd and it felt great. Expect it again in 2012.
I really don't understand why Ameri-marxists don't vote with their feet and move to already-socialist Europe...just try to avoid Greece...they're having a bit of trouble.

>> ^entr0py:

Good to see old Grayson isn't going quietly after the harsh lame ducking he received. If he doesn't have plans to do a useful job, he would make a good pundit.


He already is a very successful trial lawyer and multimillionaire.

Congratulations! Your comment has just received enough votes from the community to earn you 1 Power Point. Thank you for your quality contribution to VideoSift.

>> ^quantumushroom:

I sincerely appreciate the correction. While the source was incorrect, the quote yet remains 100% true. You will never tax your way to prosperity and you'll achieve nothing by demonizing the wealthy.
Here's another quote you're sure to enjoy. Google it to your hearts' content.
FDR's treasury secretary, Henry Morgenthau, wrote in his diary: "We have tried spending money. We are spending more than we have ever spent before and it does not work. ... We have never made good on our promises. ... I say after eight years of this administration we have just as much unemployment as when we started ... and an enormous debt to boot!"

If only the left and Odumbo could prove me wrong with jobs and prosperity instead of empty rhetoric and blame, I'd gladly admit to being wrong. Until then, I voted the bastards out November 2nd and it felt great. Expect it again in 2012.
I really don't understand why Ameri-marxists don't vote with their feet and move to already-socialist Europe...just try to avoid Greece...they're having a bit of trouble.


Internet trolling is fun. GG.

I down-vote because I think you're a sock-puppet.
>> ^pavel_one:

You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong.
You cannot help little men by tearing down big men.
You cannot lift the wage earner by pulling down the wage payer.
You cannot help the poor by destroying the rich.
You cannot establish sound security on borrowed money.
You cannot further the brotherhood of man by inciting class hatred.
You cannot keep out of trouble by spending more than you earn.
You cannot build character and courage by destroying men's initiative and independence.
You cannot help men permanently by doing for them what they can and should do for themselves.
I love it when tax cuts COST the American people important stuff like Twinkies.
Dis-Grayson? Good riddance to mad rubbish!
Downvote for the sake of downvoting? I'm sure you will.

But the Federal Government is the richest, Greediest, most waste-fullest motherfuckerists EVER. Why give them more?

>> ^Jinx:

Yeah, they can buy foreign cars, made in a foreign country with foreign labour.
Trickle-down is BS. People are greedy motherfuckers, the rich are the greediest motherfuckerist and so you entrust them with your money and economy? Whats that? Some sort of Economic Crisis waiting to happen? Oh right.

Congratulations! Your comment has just received enough votes from the community to earn you 1 Power Point. Thank you for your quality contribution to VideoSift.

Your video, Alan Grayson - What Republicans Can Do With Their Taxcuts, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

>> ^bobknight33:

What can the rich buy with their tax cut?

Employ another employee
Invest in capital equipment
keep the company insurance plan
Keep company matching to employee 401k
Spend then money more wisely
Congressman Grayson (D-Fla.) is such a wipe. Wonder why he lost his election.


I will agree that he could have made a better case overall, but even if his argument isn't fully sound, the idea is. Recent studies show that the rich don't spend tax cuts on the things you mentioned. In fact they often don't spend them at all!!!

Therein lies the problem with this argument. Even if they bought a new BMW every year it would still be helping the economy more than saving it which is what they actually are doing. Bottom line, allowing the tax cuts to expire for the rich would encourage the wealthy to spend and will likely help the economy.

Rich people are not going to use the money they save on their personal income taxes to employ more people, keep company insurance or match employee 401Ks. Companies and corporations do those things with their profits not with the personal income of the owners/CEOs/etc.
>> ^bobknight33:

What can the rich buy with their tax cut?

Employ another employee
Invest in capital equipment
keep the company insurance plan
Keep company matching to employee 401k
Spend then money more wisely
Congressman Grayson (D-Fla.) is such a wipe. Wonder why he lost his election.

Seething. But accurate.

In reply to this comment by dotdude:
George Will has it in for Alan Grayson:

http://www.newsweek.com/2010/10/24/america-s-worst-politician.html

George Will has it in for Alan Grayson:

http://www.newsweek.com/2010/10/24/america-s-worst-politician.html

Tags for this video have been changed from 'cnn, anderson, cooper, alan, grayson, campaign, election, democrat' to 'cnn, anderson cooper, alan grayson, campaign, election, democrat' - edited by xxovercastxx

>> ^quantumushroom:

Can't wait to see this d-bag's fat face on November 2nd.
http://www.mycongressmanisnuts.com/


Those 650 donors are really gonna show him..