I Am Bored
Loads of viral videos, games, memes, lists and social networking for when you're bored. Updated every day, so visit often.
Latest Popular Most Bookmarked Most Emailed Top Rated My Favorites Random Chat
All Games Funny Entertainment Quizzes Weird Tech Lifestyle, Arts & Lit. News & Politics Science Sports Misc
T-Shirts   Submit Content  

The 7 Biggest Economic Lies

Robert Reich reveals 7 of the biggest lies about the economy. Does he speak the truth I-A-B?

submitted by: kitteh9lives
< Back Next >
The 7 Biggest Economic Lies. Robert Reich reveals 7 of the biggest lies about the economy. Does he speak the truth I-A-B?
+ Add to Favs
View/Add
Hits: 14171 | Favorites: 9 | Emailed: 4 | Rating: 2.9 | Category: News & Politics | Date: 10/14/2011
 
 popular today
Bad-Ass Motorcycle Facemask Is Bad-Ass [Pic] BAD! ASS!
The 5 Inventions That Make Life Easier Hmmm, these are good--a couple are great, but there are at least 5 others missing that should be on this lost. Plumbing?
The Amazingly Professional Office Golf Putt Get in the hole! (That`s what she said. --Fancy)
Crossing The Street Level: Frogger [Pic] You could attempt this 999 more times and it wouldn`t happen again this smoothly.
Facebook Updates In real life
More Comments >
QualityJay
Male, 18-29, Southern US
 303 Posts 		Tuesday, October 18, 2011 1:22:56 PM
You spelled "Truths" wrong.
richanddead
Male, 18-29, Eastern US
 389 Posts 		Saturday, October 15, 2011 3:34:09 AM
Said this in another post but the Laffer Curve works, here is some proof.
missPWNAGE
Female, 18-29, Europe
 300 Posts 		Saturday, October 15, 2011 12:57:13 AM
He speaks the truth.
CrakrJak
Male, 40-49, Midwest US
 14374 Posts 		Saturday, October 15, 2011 12:24:50 AM
Baal: It's not so much about corporate tax rates now, it`s about heavy-handed and over burdensome regulations that act like taxation. Regulatory costs meet or exceed corporate taxes in most industries now.

The Gov`t raided Gibson guitar recently over legally obtained fret board blanks, they`ve prevented Boeing from opening a new airplane plant in South Carolina, Mile High Cab in Colorado is being prevented from operating taxis by a public utility commission.

And this over regulation is often has multiple layers to deal with like local public commissions that recommends to a board, that then recommends to a state licensing authority, each layer taking 3-4 months of waiting minimum.

It`s so ridiculous they are fining kids with lemonade stands if they don`t have a license that costs $500.
Baalthazaq
Male, 18-29, Asia
 4753 Posts 		Friday, October 14, 2011 10:29:12 PM
Lets have a look at "The system we're using now" shall we?

Here`s the top- marginal tax rate vs employment:


Taxes down. Unemployment up. You`re pretending taxes are currently up and not working.

Same again for corporate taxes:


Finally, the idea that "if only corporate profits can be stimulated, we`d have jobs" is not true, they literally have never been richer:


So about this "system we`re trying now"... I like his idea better.
More Comments >
 

Bored | Suggest a Link | Contact I Am Bored | About I Am Bored | Link to I Am Bored | Live Submission | Privacy | Ad Choices | Copyright Policy |
© 2013 Demand Media, Inc. All rights reserved.