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Rational compassion
Washington Times ^ | 11/27/02 | Richard Rahn

Posted on 11/26/2002 10:30:22 PM PST by kattracks

Edited on 07/12/2004 3:59:19 PM PDT by Jim Robinson. [history]

How can we stimulate economic growth and create more jobs? Political leaders, economists, administration officials and media commentators have been opining on the matter and four alternative approaches have emerged. The first is for the government to spend more money. The second is to have a tax cut directed at low- and moderate-income people. The third is to cut corporate taxes, and the fourth is to do nothing.


(Excerpt) Read more at washtimes.com ...


TOPICS: Business/Economy; Editorial; News/Current Events
KEYWORDS:

1 posted on 11/26/2002 10:30:22 PM PST by kattracks
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To: kattracks
Another ideologically obsessed kook heard from. Any theorist or advocate who does not FULLY address the primary problem of the shipping of entire groups of major industries, high tech and otherwise, is a crackpot.
2 posted on 11/26/2002 10:40:42 PM PST by RLK
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To: RLK
Rep. Bill Archer, Chairman, House Ways and Means Committee:

 "A recent survey was done, in Europe and Japan, of the major corporations and I was astounded at the results. They were asked, 'If the US abolished its income tax and went to a sales tax, would that have any impact on your decisions?' Eighty percent of the corporations said they would build their factories in the United States of America. Twenty percent said they would move their international headquarters to the United States of America."


3 posted on 11/26/2002 10:56:28 PM PST by Zon
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To: Zon
"A recent survey was done, in Europe and Japan, of the major corporations and I was astounded at the results. They were asked, 'If the US abolished its income tax and went to a sales tax, would that have any impact on your decisions?' Eighty percent of the corporations said they would build their factories in the United States of America. Twenty percent said they would move their international headquarters to the United States of America."

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That's empty pap for the suckers.

4 posted on 11/26/2002 11:30:40 PM PST by RLK
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To: RLK
What corporations and people in this country want is slave or semi-slave labor miles away allowing complacent lives of soft indolence and self indulgence here. It's the old south with an American plantation house and life of ease, and the slave quarters moved thousands of miles away.
5 posted on 11/26/2002 11:36:49 PM PST by RLK
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To: RLK
If you're gonna rant, at least get it right!... It's the old south with an American plantation house and life of ease, and the slave quarters moved thousands of miles away. Change that to the service jobs supporting the plantations pushed off on the influx of illegal and semi-legal immigrants working for minimum wage and less and you might be getting closer.
6 posted on 11/26/2002 11:45:46 PM PST by MHGinTN
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To: RLK
Perhaps. But many retailers will go out of business and web retailers may move offshore to evade the tax
7 posted on 11/26/2002 11:46:34 PM PST by arielb
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To: RLK

That's empty pap for the suckers.

I see you speak of your own posts. It's not like you're fooling anyone. Thanks for the demonstration.

8 posted on 11/27/2002 12:09:45 AM PST by Zon
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To: MHGinTN
If you're gonna rant, at least get it right!...

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I got it right. You just don't like what I said, which is not the same as my being wrong.

9 posted on 11/27/2002 1:25:13 AM PST by RLK
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To: RLK
Hate sustains the root of bitterness. It's not becoming of a Freeper.
10 posted on 11/27/2002 9:50:30 AM PST by MHGinTN
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To: MHGinTN
Hate sustains the root of bitterness. It's not becoming of a Freeper.

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What you get from me is an honest appropriate reaction. If you or anyone else don't like it, tough. Blandness is not spoken at my house. The unattenuated truth is. Save you bible thumping attempts, or whatever it is, to put a guilt trip on me for somebody weaker and more suggestible.

11 posted on 11/27/2002 12:00:21 PM PST by RLK
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To: RLK
The fool fills his mouth with words of hate, to hide his emptiness.
12 posted on 11/27/2002 12:21:01 PM PST by MHGinTN
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To: RLK
Any theorist or advocate who does not FULLY address the primary problem of the shipping of entire groups of major industries, high tech and otherwise, is a crackpot. posted by RLK I wouldn't say crakpot, but I agree that this wholesale exodus of our industrial base to out of the country then shipping back in the products of that industry is very corrosive to our historical existence. What is occurring, at a consistent pace due primarily to the greed of the ceo's leading these foundational industries, is a division of culture that will eventually have little or no middle class, which of course leads to the class 'warfare' so easily exploited by nefarious political types like the despotic democrat party. Can we have a discussion of these notions, without spewing hateful rhetoric?
13 posted on 11/27/2002 12:42:45 PM PST by MHGinTN
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To: MHGinTN
The fool fills his mouth with words of hate, to hide his emptiness.

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And a house without a toilet is uncanny.

14 posted on 11/27/2002 2:32:56 PM PST by RLK
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To: MHGinTN
Can we have a discussion of these notions, without spewing hateful rhetoric?

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Certainly. Here's my analysis and position in 35 pages.

Go directly to economics paper

15 posted on 11/27/2002 2:40:02 PM PST by RLK
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To: kattracks
Article can now be found here: http://www.cato.org/pub_display.php?pub_id=4147
16 posted on 02/04/2011 8:20:00 PM PST by NonValueAdded (Palin 2012: don't retreat, just restock [chg'd to comply w/ The Civility in Discourse Act of 2011])
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