GDP 1.3%. Look Out Below! v.Obamanomics fails hard

i think raising or lowering taxes should be a discussion that comes after spending. that shit isn't nearly as important as fixing the INSANE out of control spending
 
Yeah. The 1.3% nuraber is the change in the Real GDP. Which has already been adjusted for inflation.

So... The good news is that the economy actually did grow. And even faster than the population did. So the economy isn't shrinking. The bad news is that is a really shitty growth rate.
 
End corporate tax loopholes and bring down the marginal corporate tax rate.
this will end the advantage large corporations have over small businesses when it comes to lobbying...and it may even increase revenue slightly while giving small business a competitive advantage relative to where they are now.

if you want to increase taxes on the rich...careful how you do it.
id be ok with raising the marginal tax rate by a point or two on ppl making over 500k/year.

a better way would be to address unearned income. by sightly increasing dividend income and interest payment taxes, you would tap into the ultra rich. but be careful, you do not want to discourage investment and disrupt the flow of capital.

but a point or two increase there wouldnt hurt much.


then attach entitlements. we need to increase retirement age a cpl years. take another look at COLAs and switch from defined benefit plans to defined contribution plans.

lastly we need to address healthcare costs.
we should either 100% privatize the market or convert it 100% to single payer. hybrid systems have failed.


that my friend, is the answer
 
it was an apples to apples response to the absurdity of the thread title.
the fact you didnt recognize this means you are likely a dipshit
 
"i dont know the fundamentals of finance
but that shouldnt matter...i know what the fuck im talking about because i listened to Peter Schiff and read three entire chapters of Atlas Shrugged"
 
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