Alexandria Ocasio-Cortez the most comedic member of congress.

Sep 2018
6,679
1,112
cleveland ohio
#71
Right.. Keynsian is Cut taxes 33% on the Rich, So the Rich can spend money investing in Business, and in turn Hire people into Better jobs.
didn't what Kennedy's speech did you.. ROFLMBO.

Once again the First president to modern day Employee Supply side was Harding, and it gave us the Economy today known as the Roaring 20s.

Hoover and FDI gave us Keynsian model Hoover gave us the GREAT depression, FDR extended the Depression for 7 years. (Until December 7, 1941).

Truman was the 2nd President to give us Supply side it created what is called the Post war Boom.

Ike rang in Keynsian model and it gave us the Recession of 1956....

Kennedy implemented Supply side gave us 60s economy

LBJ in 68 and Nixon and Ford and Carter gave us the Keysnian model again.. Which gave us the Stagflation and malaise

Reagan gave us Supply side and we had the longest period of Peacetime economic Growth

GWH Bush rang in the Keynsian model again in 1990, gave us the post Desert Storm Recession

Clinont in 1992 doubled down and the recovery never came, Gingrich and Clinton gave us Supply side in 1996 and created the Clinton Ecomomy

W continued the supply side until 2007, When he caved to the Democrat Congress, and Keynsian economic returned and our economy went south again.
tax during good times spend during bad, you obviously have never studied economics you probably never finished high school dont mock me i might actually be able to teach your sorry ass some things keynsians do cut taxes

Correcting a Recessionary Gap. President Kennedy took office in 1961 with the economy in a recessionary gap. He had appointed a team of economic advisers who believed in Keynesian economics, and they advocated an activist approach to fiscal policy. The new president was quick to act on their advice.

He spent like a MADMAN a madman he even increased military spending by a lot there is noth8ng more keysian than a good war
Expansionary policy served the administration’s foreign-policy purposes. Kennedy argued that the United States had fallen behind the Soviet Union, its avowed enemy, in military preparedness. He won approval from Congress for sharp increases in defense spending in 1961.
The Kennedy administration also added accelerated depreciation to the tax code. Under the measure, firms could deduct depreciation expenses more quickly, reducing their taxable profits—and thus their taxes—early in the life of a capital asset. The measure encouraged investment. The administration also introduced an investment tax credit, which allowed corporations to reduce their income taxes by 10% of their investment in any one year. The combination of increased defense spending and tax measures to stimulate investment provided a quick boost to aggregate demand.
The Fed followed the administration’s lead. It, too, shifted to an expansionary policy in 1961. The Fed purchased government bonds to increase the money supply and reduce interest rates.
As shown in Panel (a) of Figure 17.6 "The Two Faces of Expansionary Policy in the 1960s", the expansionary fiscal and monetary policies of the early 1960s had pushed real GDP to its potential by 1963. But the concept of potential output had not been developed in 1963; Kennedy administration economists had defined full employment to be an unemployment rate of 4%. The actual unemployment rate in 1963 was 5.7%; the perception of the time was that the economy needed further stimulus.
Figure 17.6 The Two Faces of Expansionary Policy in the 1960s

Expansionary fiscal and monetary policy early in the 1960s (Panel [a]) closed a recessionary gap, but continued expansionary policy created an inflationary gap by the end of the decade (Panel ). The short-run aggregate supply curve began shifting to the left, but expansionary policy continued to shift aggregate demand to the right and kept the economy in an inflationary gap.


he did cut taxes but he also spent a shit load of money on everything under the sun welfare, health care education, transportation the military, oh and and THE FUCKING SPACE PROGRAM or are you one of those sad piaces of shit that think the moon landing was ahoax? do i have to prov that to your sorry ass?

Expansionary Policy and an Inflationary Gap
Kennedy proposed a tax cut in 1963, which Congress would approve the following year, after the president had been assassinated. In retrospect, we may regard the tax cut as representing a kind of a recognition lag— policy makers did not realize the economy had already reached what we now recognize was its potential output. Instead of closing a recessionary gap, the tax cut helped push the economy into an inflationary gap, as illustrated in Panel (b) of Figure 17.6 "The Two Faces of Expansionary Policy in the 1960s".
it took years bfore the tax cut kicked in once it did all it accomplished was higher inflation rates the growth rates had soared years before they even came into effect
did you know that are you even reading this you illiterate hick?
 
Sep 2018
6,679
1,112
cleveland ohio
#72
Right.. Keynsian is Cut taxes 33% on the Rich, So the Rich can spend money investing in Business, and in turn Hire people into Better jobs.
didn't what Kennedy's speech did you.. ROFLMBO.

Once again the First president to modern day Employee Supply side was Harding, and it gave us the Economy today known as the Roaring 20s.

Hoover and FDI gave us Keynsian model Hoover gave us the GREAT depression, FDR extended the Depression for 7 years. (Until December 7, 1941).

Truman was the 2nd President to give us Supply side it created what is called the Post war Boom.

Ike rang in Keynsian model and it gave us the Recession of 1956....

Kennedy implemented Supply side gave us 60s economy

LBJ in 68 and Nixon and Ford and Carter gave us the Keysnian model again.. Which gave us the Stagflation and malaise

Reagan gave us Supply side and we had the longest period of Peacetime economic Growth

GWH Bush rang in the Keynsian model again in 1990, gave us the post Desert Storm Recession

Clinont in 1992 doubled down and the recovery never came, Gingrich and Clinton gave us Supply side in 1996 and created the Clinton Ecomomy

W continued the supply side until 2007, When he caved to the Democrat Congress, and Keynsian economic returned and our economy went south again.
before any of you dicks accused me of being a plagerist herE is my site
Keynesian Economics in the 1960s and 1970s
 
Sep 2018
6,679
1,112
cleveland ohio
#74
If I'm not mistaken the customary duty owed to the church is a tithe. So yes, I agree to your proposed 10% rate, thank you.
the bible says , have you ever read the bible? you pay whatever the GOVERNMENT ASKS of YOU not what you fee like paying the church is not the governement render unto ceasar what is ceasars render unto god what is god

Matthew 22:20-22 King James Version (KJV)
20 And he saith unto them, Whose is this image and superscription?

21 They say unto him, Caesar's. Then saith he unto them, Render therefore unto Caesar the things which are Caesar's; and unto God the things that are God's.

22 When they had heard these words, they marvelled, and left him, and went their way.
 
Sep 2018
6,679
1,112
cleveland ohio
#75
AOC quotes:
  • “Unemployment is low because everyone has two jobs,”
  • “I think that there's a lot of people more concerned about being precisely, factually, and semantically correct than about being morally right.”
  • "And so I do think that right now we have this no-holds-barred, Wild West hyper-capitalism. What that means is profit at any cost. Capitalism has not always existed in the world, and it will not always exist in the world. When this country started, we were not a capitalist [nation], we did not operate on a capitalist economy."
  • "I think that politically, this upper-middle class is probably more moderate, but that upper-middle class doesn’t exist anymore in America, and thanks to the continued deregulation of Wall Street, thanks to the continued gutting of working- and middle-class people, we need stronger champions."
  • On Medicare-for-all "People often say, how are you gonna pay for it? And I find the question so puzzling because, how do you pay for something that’s more affordable? How do you pay for cheaper rent? How do you pay for—you just pay for it."
  • "What we had was an existential threat in the context of a war. We had a direct existential threat with another nation, this time it was Nazi Germany, and the Axis, who explicitly made the United States as an enemy, as an enemy. And what we did was that we chose to mobilize our entire economy and industrialized our entire economy and we put hundreds if not millions of people to work in defending our shores and defending this country. We have to do the same thing in order to get us to 100 percent renewable energy, and that’s just the truth of it."
  • "“There’s no debate as to whether we should continue producing fossil fuels. There’s no debate,”
  • "For me, democratic socialism is about - really, the value for me is that I believe that in a modern, moral, and wealthy society, no person in America should be too poor to live."
  • "When we talk about the word 'socialism,' I think what it really means is just democratic participation in our economic dignity and our economic, social, and racial dignity. It is about direct representation and people actually having power and stake over their economic and social wellness, at the end of the day.
  • "No bans. No walls. No fences. No chains. No justice — no peace."
  • "The Plan for a Green New Deal shall recognize that a national, industrial, economic mobilization of this scope and scale is a historic opportunity to virtually eliminate poverty in the United States and to make prosperity, wealth and economic security available to everyone participating in the transformation."

I have nothing to add.
you split hairs i know what she means why should people have to work two jobs to survive?
2) some people know the price of something and the value of nothing.. if you want i can translate everythng she said into old people language
 
Sep 2018
6,679
1,112
cleveland ohio
#77
If I'm not mistaken the customary duty owed to the church is a tithe. So yes, I agree to your proposed 10% rate, thank you.
Pay everyone what you owe him: taxes to whom taxes are due, revenue to whom revenue is due, respect to whom respect is due, honor to whom honor is due.… Romans 13:6 thats not 10% if the government presents you with a bill for 100% of your income that is what god wants you to pay
 
Dec 2018
2,358
737
New England
#80
you split hairs i know what she means why should people have to work two jobs to survive?
2) some people know the price of something and the value of nothing.. if you want i can translate everythng she said into old people language
I split nothing. I simply quoted her, and as I said, there's really no need to add any commentary to make the point.

And the answer to the question is that people need to work a second job when the economic value of the labor from their first job is insufficient to provide them the material comforts they seek. It's either that or depend on someone else's labor and charity.