Joined: 28 Dec 2005
|Posted: Sat Sep 12, 2015 8:38 am Post subject: Spurring Economic Growth
When taxes and regulations are excessive, less is better than more, to promote faster growth.
And, there’ve been unintended consequences, or undesirable effects, the way we’ve been trying to stimulate growth on the demand side.
Baffling, how do you know more progressive taxes, particularly on the “middle class,” and more regulations, that affect everyone, haven’t had a negative effect on demand, along with creating disincentives?
Demand in health care is down, because people can’t afford insurance or co-payments. Government has created a huge student debt problem. Energy prices are higher than they should be, etc..
Baffling, I’ve shown you studies and data before. You didn’t show they were inaccurate. You cannot accept you’ve been wrong.
You seem to believe taxes and regulations have no effect on the cost of production and the cost of living. Therefore, you believe, they have no effect on demand, along with creating other undesirable effects.
And, you believe, government had nothing to do with the housing bubble or student debt bubble. It was simply “private sector misconduct” for people making rational choices in the conditions government created.
Is there a better time to raise the minimum wage than when the labor market is strengthening with disinflation?
However, I wouldn’t place the entire burden on businesses, particularly small businesses.
So, we should also remove and reduce some of the $2 trillion a year in federal regulations and cut middle class taxes.
We can help the working poor, bring more people into the workforce, facilitate business start-ups and expansions, and turn entitlement spending into tax revenue.