Why are Terrorists so pissed off! Behold... The answer!

TranceAddict Forums (www.tranceaddict.com/forums)
- Political Discussion / Debate
-- Why are Terrorists so pissed off! Behold... The answer!
Pages (3): « 1 2 [3]

Posted by joeh on Dec-18-2002 10:29:

Why does the world hate America?
Why don't Americans know why?

Read this then:
http://www.guardian.co.uk/uk_news/s...,814967,00.html

Posted by evil_bastard on Dec-18-2002 21:17:

quote:
Originally posted by Izzy i still hold that cutting taxes is the right thing to do, although true it was directed mostly at the upper class and not the middle class as it should have. BUT i'd like to point out that even if the middle class is the "spending" class, the upper class is the "investing" class, BOTH are nessaccry for economic turnaround. hence the drop in federal intrest rate over the year (its like at 1.5%) - to increase investing (getting more people to loan money and do something with it)

I'm not convinced by this analysis. You've overlooked the 'snowball effect' that is the multiplier. Have a look at this

Posted by Izzy on Dec-20-2002 23:19:

why arent you convinced?
i see this as basic fundemantel monetary and fiscal policy. the snow ball effect only works to my advantage. by giving the public more money (ie through less taxes) and the busnisses greater chance to invest (ie through lower intrest rates) you start a flow of money that can be summed up as a snowball effect. the consumer spends more money and then the company can now expand and give better prices/products to the consumer which in turn causes the consumer to now want to buy the new better/cheaper product, then that money turns into more investment.... ie snowballing... when the economy is then growing it is the duty of the government to tax higher and promote saving, one reason being to have something to fall back on during more trying times.

Posted by evil_bastard on Dec-23-2002 01:43:

I think perhaps you should take a look at the link.

Besides, your call for tax cuts denies the existence of a significant balanced budget multiplier, though in all honesty this has very little to do with throwing snowballs at a big Glaswegian house.

The monetary measures you advocate could run into trouble if faced with a 'liquidity trap' (cf. Japan).

Posted by InfiniteSquare on Dec-24-2002 23:05:

because americans come across as arrogant

Pages (3): « 1 2 [3]