Paul Ryan Budget - Topic

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Mar 29 2012 01:08pm

Quote (TopherJohn @ Mar 29 2012 02:04pm)

Horseshit. People can't find jobs because they aren't looking. Or they are too proud to take any job handed to them. Retail, fast food, and restaurants are *always* hiring.

Sure they won't be making the same wage, but they won't be unemployed.

Oh, so the guy who was making 80k a year and is supporting a family won't stoop down to Cashier at Wal-Mart?

People don't do that because they can't survive on minimum wage, especially with a family. Perhaps when you have to worry about someone other than yourself you will understand.

RUSSiABANK

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#102

Mar 29 2012 01:09pm

Quote (balrog66 @ Mar 29 2012 12:07pm)

Are there any real world examples of RP theory working and promoting economical growth along with increased wealth?

yeah its called what America was before the 20th century. How we got so rich in the first place.

IceMage

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#103

Mar 29 2012 01:09pm

Quote (RUSSiABANK @ Mar 29 2012 02:07pm)

tax increases do not help to solve the problem, which is job growth. We actually need tax cuts.

We need to kill the Federal Reserve too, and its low interest rates. There is a reason we aren't building capitol.

Tax increases raise revenue, it's inevitably something we need once we start getting serious about cutting deficits.

njaguar

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#104

Mar 29 2012 01:10pm

Quote (RUSSiABANK @ 29 Mar 2012 14:06)

I wouldn't call it uncharted. I would absolutely agree with you though that there will be an initial dip/plunge as the cuts are first enacted. Of course, he plans to do them in phases, as to mitigate any ridiculous. And the results down the road will be increased prosperity and rapid growth.

Ron Paul's point is that no matter what, we need to start going backwards and undoing all of these regulations and bureaucracies. If we do not do it fast enough, the debt is going to destroy our currency when its not longer the reserve currency. The BRIC countries are already working on undoing the dependency on the US dollar. The writing is on the wall.

But his proposal does not phase it out slowly, all of the numbers work only because it's all done at once. Once your start doing things piecemeal, you're not much or any better than the existing proposals.

balrog66

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#105

Mar 29 2012 01:10pm

Quote (RUSSiABANK @ Mar 29 2012 07:09pm)

yeah its called what America was before the 20th century. How we got so rich in the first place.

I wouldn't call that America wealthy compared to the America of now.

RUSSiABANK

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#106

Mar 29 2012 01:10pm

Quote (IceMage @ Mar 29 2012 12:08pm)

actually yes they can. They just do not want to.

And btw, with no minimum wage, we will get deflation. Eassssssy.

That's another thing that needs to go if you want to ever see job growth.

njaguar

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#107

Mar 29 2012 01:12pm

Quote (RUSSiABANK @ 29 Mar 2012 14:10)

actually yes they can. They just do not want to.

And btw, with no minimum wage, we will get deflation. Eassssssy.

That's another thing that needs to go if you want to ever see job growth.

Have you guys debated revoking the minimum wage in the PaRD before? It's something I've heard talked about, but haven't seen any serious back and forth dialogue on the matter.

IceMage

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#108

Mar 29 2012 01:12pm

Quote (RUSSiABANK @ Mar 29 2012 02:10pm)

actually yes they can. They just do not want to.

And btw, with no minimum wage, we will get deflation. Eassssssy.

That's another thing that needs to go if you want to ever see job growth.

Why is it always kids in college who think they know the expenses of supporting a family.

RUSSiABANK

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#109

Mar 29 2012 01:13pm

Quote (njaguar @ Mar 29 2012 12:10pm)

But his proposal does not phase it out slowly, all of the numbers work only because it's all done at once. Once your start doing things piecemeal, you're not much or any better than the existing proposals.

Over the course of a year is what i meant. That's technically piecemeal. All at once is saying goodbye to all of them literally at once. There are many programs he will phase out afterwards though. But his proposal is the only one that will actually lead to a permanent recovery in the future...if his plans are carried out. First, we actually need to experience a recession, not pour more gasoline on the fire (in the words of Peter Schiff)

Quote (IceMage @ Mar 29 2012 12:09pm)

Tax increases raise revenue, it's inevitably something we need once we start getting serious about cutting deficits.

Can't cut deficits unless the people start making more money and you get more taxes from the bottom up. That's flawed logic.

meegz1

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#110

Mar 29 2012 01:14pm

Quote (RUSSiABANK @ Mar 29 2012 02:10pm)

actually yes they can. They just do not want to.

And btw, with no minimum wage, we will get deflation. Eassssssy.

That's another thing that needs to go if you want to ever see job growth.

Actually, no, they can't.

Getting rid of minimum wage would be a very bad idea with unemployment having just really started to come back up. You get rid of it now, people are going to drop the bottom out of wages, and we're right back where we started.

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