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Republicans Vote for Massive Increase in State & Local Taxes

October 2, 2010

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  • Alan October 19, 2010 11:09 am

    Mark youi don’t seem to understandthat is plain voo doo economics. When the Government subsidizes anything the tax payer is paying that cost. If they give the farmer X amount of dollars to not grow certain crops then we pay what ever the crop costs at the store plus the amount of our tax dollars for that product. So you are using the wrong example for the use of these dollars. This is the same The taxpayer is the one footing that $1.79 so it does not increase the price it increases the cost to those who work and pay taxes. It’s got nothing to do with Glen Beck or any one else you want to accuse me of following. That in it self proves how arrogant and self righteous you are. You are worse the Beck you belive everyone is below you. Well guess what there are many out here who have a better eduction and more common sense than you.You are the one trying to make 2+2=5 You are not making a product.

  • Mark October 17, 2010 10:33 pm

    Wow, Alan. Either your comment shows ignorance of basic economics or a wilful partisan attempt at being obtuse. Which is it?

    Do you really not understand that: (1) $1 in food stamps really does put $1.79 into the economy but (2) that does NOT mean it costs the taxpayers $1.79 in subsidies?

    If you really don’t understand that $1 costs $1 and not a penny more (surely you understand 1=1 and 1 does not equal 1.79, right? Or has Glen Bleck really convinced you that 2+2=5?), then I can’t help you. Math is math, and 1=1 is the most basic of logical propositions.

    What Pelosi is saying is you put $1 in and you get $1.79 out. You understand that with business, right? Value added? That $1 in materials and labor can make something that sells for $1.79?

    Well, the same is true in economics and government. $1 spent on food stamps increases the demand for food by $1 and so grocery stores and food processors and farmers have to hire people to keep up with the increased demand. They in turn spend money on toys, cars, restaurants and trips, which causes factories and restaurants and hotels to hire people, who in turn spend more money. The net “multiplier” effect to the economy is $1.79.

    Do you really not understand it? Or are you just pretending to not understand it?

  • Alan October 15, 2010 1:45 pm

    Well duh she said it in a news interview, do you watch anything other then your own face . Good grief Mark listen to the news some time. The Media does slip up and show the Dems for what they really are.
    At a press conference in her home town of San Francisco, Pelosi explained that the program’s multiplier effect –the amount of money generated in the local economy as the result of the subsidy– far exceeds the nearly $60 billion spent this year by the federal government and is a sure-fire way to stimulate the economy. For every dollar a person receives in food stamps, Pelosi said that $1.79 is put back into the economy

  • Mark October 15, 2010 11:42 am

    I know, I know. Blaming the Republicans for the economy is like blaming O.J. Simpson for the murder of his wife. Move on, right? Leave OJ and the Republicans alone?

    What’s your evidence for the $1.79 figure?