That would be the logical move to strip people of their wealth the next cycle--except no one has any wealth to strip presently.

Except for politicians that don't pay taxes. They seem to have lots of spare change. I wonder what the connection is.

Raising the minimum wage reduces the number of people who an employer can hire. This increases the number of people who do not pay taxes while concomitantly increases the demand for social services.

Is it fair or unfair to hire somebody at $5/hr if the alternative is to put the joker on welfare? A person who has an income is less of a financial and social drag on taxpayers.

If taxpayers retain more of their own money they are FREE TO CHOOSE where and how to spend it or save it according to their own interests, not some bureaucrat in the Commissariat of Social Services decree ... who probably doesn't pay taxes anyway.

"The GOP says the stimulus can't create jobs. They're wrong."

http://www.newsweek.com/id/183303

__________________
2004 VW Jetta TDI (manual)

Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL

I'm pleased the GOP is wrong. They can more easily join their like-minded colleagues, the Democrats.

That would be one opinion.

The basic problem with any "stimulus" Bill is that government has only 3 sources for the money it spends:
Taxes
borrowing
printing

Taxes are money that was in private hands that has been removed from them and put into government hands.
Borrowing is debt your grandchildren will pay
Printing is inflation, actually another form of tazes.

__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

Fedex me a couple of rows and I'll get rid of it real fast your ya.

__________________
1999 SL500
1969 280SE
2023 Ram 1500
2007 Tiara 3200

I understand all of that and I hate debt as much as anyone. You left out interest paid on loans from foreign sources which are also another form of tax. But I also understand that a targeted spending package is sometimes needed for us to come out of a recession without going through a lengthy depression first.

__________________
2004 VW Jetta TDI (manual)

Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL

As far as I can tell, no government in history has ever spent it's way out of a depression.

The only way out of a depression or to avoid depression is to free people up so they can work, create, innovate and thrive. Governments thrive when the people thrive, not the reverse.

Please. Do you seriously believe that if only the the evil government stepped out of the way and free people could conduct their business, there would never be a bubble or pyramid scheme and no recession or depression, ever?

__________________
2004 VW Jetta TDI (manual)

Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL

Not to mention you seem to have a profound lack of understanding of what ended the last depression.

__________________
2004 VW Jetta TDI (manual)

Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL

I can't wait!

__________________
1993 300E 2.8 185k miles
2006 Mustang Convertible 4.0 Eaton Supercharged

x2........

__________________
Matt (SD,CA)

1984 300SD.. White/Chrome Bunts..Green

1997 2500 Dodge Ram 5.9 Cummins 12 Valve 36 PSI of Boost = 400+hp & 800+tQ .. ..Greenspeed

2004 Dodge Ram 2500 4x4 Quad Cab Cummins 5.9 H.O "596hp/1225tq" 6 spd. Man. Leather Heated seats/Loaded..Flame Red....GREENSPEED

Global warming...Doing my part, Smokin da hippies..

Fight the good fight!......

Well, we could easily start WW3. That will solve everything, forever.

__________________
Question Authority before it Questions you.

I dunno. Bush tried, but screwed that up too.