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Overnight Open Thread

195
Obdicut (Now with 2% less brain)1/03/2010 7:47:02 am PST

re: #188 sattv4u2

Even if I granted your claim that the tax revenues would never catch up, it still doesn’t mean that the taxes raised would be corporate taxes, as you initially said. There is no particular reason to believe that that tax is the one that would be raised.

We do have a debt, and we do need to pay it down. We also, right now, in the midst of a recession, do need government spending to spur the recession. The time to focus on paying down the debt is in the salad days, not during a crisis.

re: #194 Walter L. Newton


Uh, as a capitalist, I think that foreign investors buying dollars is a pretty good thing for our economy. Can you explain why you don’t, as a capitalist?