Supply Side Economics OVERLOAD in USA

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Re: Supply Side Economics OVERLOAD in USA

Post by Basra- »

Liquid aka Xplaya

The idea is---at least --in republican perspective--is---cut rich taxes and it leaves them incentive to do more business and invest more. This creates a trickle effect of small business opening quickly with little regulations to deter them. This In turn creates jobs--and the consumers starts spending. It makes total sense. Now, during depression, it would not make sense as no one will invest in business and investments during worry times as Obama went through this 8 years! Now that Obama has gotten us confident and comfortable--the risk of cutting tax for the rich makes sense. Remember--- the average joe is needed here. They run the world. :dj:
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Re: Supply Side Economics OVERLOAD in USA

Post by Jabuutawi »

Supply-side economics worked in the 80's - to an extent. Theoretically, the idea of taxable income elasticity, i.e., cutting taxes would induce investment in production of goods and services happened during Reagan's administration, but at much less magnitude than predicted by the Laffer curve. Realized tax cuts and capital gains from equity markets went straight back into the stock market. The era of 'greed is good' created paper wealth, not tangible wealth.

The late prof. Milton Friedman of Stanford is doing cartwheels (or not) in his grave, that Reaganomics is back.
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Re: Supply Side Economics OVERLOAD in USA

Post by Basra- »

Jabuutawi wrote:Supply-side economics worked in the 80's - to an extent. Theoretically, the idea of taxable income elasticity, i.e., cutting taxes would induce investment in production of goods and services happened during Reagan's administration, but at much less magnitude than predicted by the Laffer curve. Realized tax cuts and capital gains from equity markets went straight back into the stock market. The era of 'greed is good' created paper wealth, not tangible wealth.

The late prof. Milton Friedman of Stanford is doing cartwheels (or not) in his grave, that Reaganomics is back.

Jabu


Maybe we need a Reaganimics back. Even if for a dacade - I don't care if we r going to crush or repeat history -its better than long term stagnation going into socialist nation. U want us to be like the UK??? Hell no. We r Americans. Self Builders. Movers and Shakers. :stylin:
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Re: Supply Side Economics OVERLOAD in USA

Post by Jabuutawi »

Reaganomics was utter failure for vast number of Americans. Juxtapose that to the 90's when Clinton created 22 million new jobs, mostly family wages.
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Re: Supply Side Economics OVERLOAD in USA

Post by TeeriReturns »

LiquidHYDROGEN wrote:^^^^ Lol the irony. Accusing someone of using buzzwords when you use nonsensical pseudo economic terms like deregulations and "trickle-down". It's exactly as Xplaya said it, economics has been hijacked by corporatists to make it as inaccessible and esoteric as possible to the average Joe. The truth is economics is common sense, the more money working and middle class people have the more purchasing power they have and the more they can spend on goods and services. This can only be done by taxing wealthy people at a higher rate and subsidising lower income people with free education, healthcare and better paying jobs. Reducing tax for the rich only serves to widen the already huge gap between rich and poor. Do you think if we reduce business tax, rich corporations will suddenly invest in infrastructure, R&D, and better pay and benefits for their employees or divide the profit between their already immensely wealthy shareholders? :lol:

ah, another krugman spawn, i dont know why you seem to think you understand economics or capitalism, still your boucing around Keynesian and at best neo classical thoughts, they aint capitalism, only two schools of though have capitalism the Austrian school and Muslims who adhire to the exact hadith and Quran ( Austrian were sired by the school of salamanca of the 1400-1600s centuries and they were in turn sired by the likes of muslim Spanish economist ibn khaldun et al)

i am not here to teach you economics, and for your trickle down crap insult, firstly i dont believe it at all for i am not a Keynesian or neo classical or fresh water school for that matter,

secondly i dont believe individuals should be taxed let alone business, road, hospitals, schools etc we want the private sector has handle it/can handle it and thus a very small government that only protects private property righst(court system, nd crinimals banged up and nation protected, other than that the state has no function in choosing who to subsidies, heavy taxes- they only need very low taxes (consumption tax rather than capital/income tax) if the state is small and sticks to its key duty of defence of proterty rights and defence of domestic and foreign enemies. of courtse by now i can here the statist and interventinist shouting how dare i turn the state into a small insignificant organ with limited powers, please go ahead and study how the state is not allowed to tax income and profots in islam but only take 20% from war booty and 2.5% for sakaah.

ah and for demand side to be satisfied, surely someone has to supply that demand ? i will let you get some economic common sense, you need it.

and lastly, typically ignorant layman of economics, spending money doesn't grow and economy, its ok, it s fallacy trap most laymen fall into, i will give you two things that grow an economy: savings and investment ( Say's law- one cannot demand something/buy something with out saving, and one cannot invest with out saving or someone else savings, proof me wrong and i will send you $1000 through dahabshill xawalad.)

regulation: ha, we dont want or desire a single regulation that hampers the market in any way. yet you think you can spew a few words and label us,

prove Say's law wrong and i will give you that money, to any one of that including basra who seems to spew economic predictions and most illogical economic dialectics i get tired just reading her crap, but she tries, :roll:

i will throw you and basra a lifeline though so you dont embarrass yourselves, humans have written between 100-200 million books since Adam and eve or monkeys stood on their own too feets for our somali aethists who dig that crap, please read Hazlitt (Henry Hazlitt) economics in one lessons, top 100 books of all books ever written and published, it will wash away all your ignorance, or here is the link for those Americans malis on EBT like basra

https://fee.org/media/14946/economicsinonelesson.pdf



or alternative if your in London, come and see me in the institute of economic affairs, i usually debate with Marxist and MPs of Westminster look for a 6'2 tall Ogaden with very soft ear length hair who is build like an SS soldier dipped in light chocolate, I might have a DDSI or jubbaland small flag pin on my suit depending how I feel , i am happy to give you a free lesson in econ 101.

I am the greatest living somali/muslim economist: i have disproved a 160 year old economic theorem by Eugen Böhm von Bawerk who has argued no economy can grow with out riba/interest, i have proven him wrong in 2013

i am the first to prove interest is the nucleaus reason of why inflation exist, Teeri's Law of the Marginal Utility of Money and Inflation, i have solved the marginal utility of money/gold supply (i.e. we dont need an ever increasing supply of gold/silver/paper notes to satisfy an economy, we can improve standard if living with out increasing money supply - hint- reason for the existence of riba atleast the economic framework for it has been crushed by me, i have also proven why capital order/high order goods first go into recession and fall masively before retail/lower order goods.

i am the first muslim to have solved the Islamic development parading by showing nations can prosper with out riba in their banking system whilst keeping their money strong with out the need for riba intervention/support ( we were derided by many western economists that we cannot develop because of this reason in our deen) i proofed them wrong- it took me 2 years to do that, 2 years to kill a 160 year old theorem.

i have been begged to take scholarships for PhD at the age of 26 and have been offered a reading position with a masters degree, not even a PhD because i am the Einstein of economics, girls get wet when i explain to them economic theories, i dont know if its my good looks alhamdulilah or my passion for understanding c complicated theorems and physiological frameworks,


I have two white boards at home that i work on wearing a macawiis whilst solving my economic theorems that will one day impact your life as politicians nd economist pick up on it,

i will not boast further as i have boasted enough, if you have questions feel free to ask,

am also happy to send you a copy of my latest book, just ask on PM, i will sign it,

Teeri Out,


regards,
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Re: Supply Side Economics OVERLOAD in USA

Post by Basra- »

TeeriReturns I am a huge fan of Krugman. :)
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Re: Supply Side Economics OVERLOAD in USA

Post by TeeriReturns »

Basra- wrote:
Jabuutawi wrote:Supply-side economics worked in the 80's - to an extent. Theoretically, the idea of taxable income elasticity, i.e., cutting taxes would induce investment in production of goods and services happened during Reagan's administration, but at much less magnitude than predicted by the Laffer curve. Realized tax cuts and capital gains from equity markets went straight back into the stock market. The era of 'greed is good' created paper wealth, not tangible wealth.

The late prof. Milton Friedman of Stanford is doing cartwheels (or not) in his grave, that Reaganomics is back.

Jabu


Maybe we need a Reaganimics back. Even if for a dacade - I don't care if we r going to crush or repeat history -its better than long term stagnation going into socialist nation. U want us to be like the UK??? Hell no. We r Americans. Self Builders. Movers and Shakers. :stylin:

your president doubled debts like bush, obama has created more debt than all previous 43 presidents before him, he created over 22 thousand new regulations each regulation costing between 10-100 milliom dollars and a total of 2 trillion a year :shock: he has mandated and forced yall into obama care and a fine if you dont want it still, he subsidizes big firms who lobby (elon musk got 4.9 billion and doenst make as single dime in profits) 90% of your sea food comes from abroad despite two oceans adn many seas in your colonies around the pacific, he has chased away firms into the UK with out 17% tax on profits against your 48% on profits from abroad, in Dubai i pay no tax as a uk citizens but you will despite dubai being tax free, i think you r pretty juch screwed into the socialist utopia a long time ago darling.

keep praying for trump, he aint gonna chnage shit and worst yet dude doesn't understand economics and will be advised by obamas, he will be taking from paul and give to john type leadership and he will most like add 10-20 trillion on debt, :?


first lesson on economic 1201: no such thing as free lunch, all tax cuts will be paid for for by you and your children. :up:

http://www.heritage.org/research/report ... n-annually
Last edited by TeeriReturns on Sat Nov 26, 2016 10:18 am, edited 1 time in total.
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Re: Supply Side Economics OVERLOAD in USA

Post by TeeriReturns »

Basra- wrote:TeeriReturns I am a huge fan of Krugman. :)


http://www.zerohedge.com/news/2016-11-2 ... s-spending


then enjoy reading that :lol:

i hope he builds that wall, because Americans fleeing hig tax and high regulation tyranny will used to stopped them and mexicans will be like phewwwwwwwwwww

obama wanted to discourage americans getting rid of passports as they have to pay double tax if they work abroad or were born in us but left very young, so his solution: increased the pages of the form from a few pages to 450 pages with fees increased by over 400% to $2350

people are fleeing us of a in record numbers mainly due to high taxes, lack of jobs and regulations killing firms and innovation (the economy stupid )

http://www.forbes.com/sites/robertwood/ ... da7c8536c5


enjoy the fall yall,
Last edited by TeeriReturns on Sat Nov 26, 2016 10:24 am, edited 1 time in total.
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Re: Supply Side Economics OVERLOAD in USA

Post by Basra- »

Well, trump is a different story. He is a balance. Neither Republican nor Democrat. Just the thing we want. HE will remove all regulation and that will flare up small businesses. He has withdrawn from international Asian trade. The rest of the world needs to fall for America to rise. That's his idea. Which I don't disagree with at all. :) :stylin:
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Re: Supply Side Economics OVERLOAD in USA

Post by TeeriReturns »

.
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Re: Supply Side Economics OVERLOAD in USA

Post by TeeriReturns »

Basra- wrote:Well, trump is a different story. He is a balance. Neither Republican nor Democrat. Just the thing we want. HE will remove all regulation and that will flare up small businesses. He has withdrawn from international Asian trade. The rest of the world needs to fall for America to rise. That's his idea. Which I don't disagree with at all. :) :stylin:

loooool, since when did he withdrew from any trade? dude has not even taken white house, dont get me wrong, he will do more right then hitlary, but he aint changing shit, he said he will drain the swamp, he hired and is negotiating with banksters, billionaires, all the elite are still rubbing shoulders with him,

lets wait and see what he does, i will give him a chance for now, will attack his econ policies after only 100 days in office, but for now we watch and see :eat:

will give him a chance for now, i have an interest in the us (George mason uni teaching post maybe?) and the wife wants to do masters there. will see insha Allah, i wait, only 5 months to go ( two to take office and 3 to test him)
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Re: Supply Side Economics OVERLOAD in USA

Post by Hyperactive »

All good and dandy but in the end comes to the individuals life style.
be content and do not fall for consuming hype and livee with in your meanings.

if I make 150 000 why borrow a million dollar house and finance 600$ car a month!!!

99% of population are stupid!!
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Re: Supply Side Economics OVERLOAD in USA

Post by Basra- »

Trump already stated he will withdraw from International Asia trade when he goes into office. Didn't u see the news? Even Japan PM came out and said he will opt out too--he said--quote---'no point being in if America is out'!


Yeah---wait and see approach is good policy. Give our president a chance. :)
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Re: Supply Side Economics OVERLOAD in USA

Post by TeeriReturns »

Hyperactive wrote:All good and dandy but in the end comes to the individuals life style.
be content and do not fall for consuming hype and livee with in your meanings.

if I make 150 000 why borrow a million dollar house and finance 600$ car a month!!!

99% of population are stupid!!
its the system these people have created dude, the average chinese, indian, japanese etc saves, but in the west, they have to compete with the jones adn their government has to go into debt for the welfare/corporatism state to subsides firms with lobbying power and spend on welfare and entitlements like medicare/medicaid etc otherwise they will not win elections, they are stupid and digging their own grave, but let them, maybe they will have less money to kill us.

also another negative side affect of the riba system, all debts are spawn children of riba but they do not understand.
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Re: Supply Side Economics OVERLOAD in USA

Post by samatar133 »

TeeriReturns wrote:
LiquidHYDROGEN wrote:^^^^ Lol the irony. Accusing someone of using buzzwords when you use nonsensical pseudo economic terms like deregulations and "trickle-down". It's exactly as Xplaya said it, economics has been hijacked by corporatists to make it as inaccessible and esoteric as possible to the average Joe. The truth is economics is common sense, the more money working and middle class people have the more purchasing power they have and the more they can spend on goods and services. This can only be done by taxing wealthy people at a higher rate and subsidising lower income people with free education, healthcare and better paying jobs. Reducing tax for the rich only serves to widen the already huge gap between rich and poor. Do you think if we reduce business tax, rich corporations will suddenly invest in infrastructure, R&D, and better pay and benefits for their employees or divide the profit between their already immensely wealthy shareholders? :lol:

ah, another krugman spawn, i dont know why you seem to think you understand economics or capitalism, still your boucing around Keynesian and at best neo classical thoughts, they aint capitalism, only two schools of though have capitalism the Austrian school and Muslims who adhire to the exact hadith and Quran ( Austrian were sired by the school of salamanca of the 1400-1600s centuries and they were in turn sired by the likes of muslim Spanish economist ibn khaldun et al)

i am not here to teach you economics, and for your trickle down crap insult, firstly i dont believe it at all for i am not a Keynesian or neo classical or fresh water school for that matter,

secondly i dont believe individuals should be taxed let alone business, road, hospitals, schools etc we want the private sector has handle it/can handle it and thus a very small government that only protects private property righst(court system, nd crinimals banged up and nation protected, other than that the state has no function in choosing who to subsidies, heavy taxes- they only need very low taxes (consumption tax rather than capital/income tax) if the state is small and sticks to its key duty of defence of proterty rights and defence of domestic and foreign enemies. of courtse by now i can here the statist and interventinist shouting how dare i turn the state into a small insignificant organ with limited powers, please go ahead and study how the state is not allowed to tax income and profots in islam but only take 20% from war booty and 2.5% for sakaah.

ah and for demand side to be satisfied, surely someone has to supply that demand ? i will let you get some economic common sense, you need it.

and lastly, typically ignorant layman of economics, spending money doesn't grow and economy, its ok, it s fallacy trap most laymen fall into, i will give you two things that grow an economy: savings and investment ( Say's law- one cannot demand something/buy something with out saving, and one cannot invest with out saving or someone else savings, proof me wrong and i will send you $1000 through dahabshill xawalad.)

regulation: ha, we dont want or desire a single regulation that hampers the market in any way. yet you think you can spew a few words and label us,

prove Say's law wrong and i will give you that money, to any one of that including basra who seems to spew economic predictions and most illogical economic dialectics i get tired just reading her crap, but she tries, :roll:

i will throw you and basra a lifeline though so you dont embarrass yourselves, humans have written between 100-200 million books since Adam and eve or monkeys stood on their own too feets for our somali aethists who dig that crap, please read Hazlitt (Henry Hazlitt) economics in one lessons, top 100 books of all books ever written and published, it will wash away all your ignorance, or here is the link for those Americans malis on EBT like basra

https://fee.org/media/14946/economicsinonelesson.pdf



or alternative if your in London, come and see me in the institute of economic affairs, i usually debate with Marxist and MPs of Westminster look for a 6'2 tall Ogaden with very soft ear length hair who is build like an SS soldier dipped in light chocolate, I might have a DDSI or jubbaland small flag pin on my suit depending how I feel , i am happy to give you a free lesson in econ 101.

I am the greatest living somali/muslim economist: i have disproved a 160 year old economic theorem by Eugen Böhm von Bawerk who has argued no economy can grow with out riba/interest, i have proven him wrong in 2013

i am the first to prove interest is the nucleaus reason of why inflation exist, Teeri's Law of the Marginal Utility of Money and Inflation, i have solved the marginal utility of money/gold supply (i.e. we dont need an ever increasing supply of gold/silver/paper notes to satisfy an economy, we can improve standard if living with out increasing money supply - hint- reason for the existence of riba atleast the economic framework for it has been crushed by me, i have also proven why capital order/high order goods first go into recession and fall masively before retail/lower order goods.

i am the first muslim to have solved the Islamic development parading by showing nations can prosper with out riba in their banking system whilst keeping their money strong with out the need for riba intervention/support ( we were derided by many western economists that we cannot develop because of this reason in our deen) i proofed them wrong- it took me 2 years to do that, 2 years to kill a 160 year old theorem.

i have been begged to take scholarships for PhD at the age of 26 and have been offered a reading position with a masters degree, not even a PhD because i am the Einstein of economics, girls get wet when i explain to them economic theories, i dont know if its my good looks alhamdulilah or my passion for understanding c complicated theorems and physiological frameworks,


I have two white boards at home that i work on wearing a macawiis whilst solving my economic theorems that will one day impact your life as politicians nd economist pick up on it,

i will not boast further as i have boasted enough, if you have questions feel free to ask,

am also happy to send you a copy of my latest book, just ask on PM, i will sign it,

Teeri Out,


regards,
:lol: I have just wasted few minutes of my time reading this none sense :down:
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