d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Official Political Picture Thread
Prev1385838593860386138625001Next
Closed New Topic New Poll
Member
Posts: 52,226
Joined: May 26 2005
Gold: 4,404.67
Jul 7 2020 09:25pm
Quote (Thor123422 @ 7 Jul 2020 22:09)
If they use it on salaries and other approved things it will be forgiven, effectively making it a grant.


Quote (Thor123422 @ 7 Jul 2020 23:32)
but they don't pay taxes. They're a nonprofit.


Their employees will pay taxes on their salary though; and of course spend their salary to stabilize businesses in their community.
Isnt that the classical, Keynesian argument - that the state shall find ways to get money into the hands of the common people to stimulate demand (particularly during an economic crisis), and that the taxes they pay and the growth this induces will ultimately recoup most of the money?

This post was edited by Black XistenZ on Jul 7 2020 09:26pm
Member
Posts: 64,732
Joined: Oct 25 2006
Gold: 260.11
Jul 7 2020 09:26pm
Quote (Black XistenZ @ Jul 7 2020 10:25pm)
Their employees will pay taxes on their salary though; and of course spend their salary to stabilize businesses in their community.
Isnt that the classical, Keynesian argument - that the state shall find ways to get money into the hands of the common people to stimulate demand, and that the taxes they pay and the growth this induces will ultimately recoup most of this money?


The issue isn't if it's good or bad, it's if it's hypocritical or not
Member
Posts: 33,644
Joined: Oct 9 2008
Gold: 2,617.52
Jul 7 2020 09:28pm
Quote (excellence @ Jul 7 2020 09:14pm)


Science denial kek
Member
Posts: 52,226
Joined: May 26 2005
Gold: 4,404.67
Jul 7 2020 09:29pm
Quote (Thor123422 @ 8 Jul 2020 05:26)
The issue isn't if it's good or bad, it's if it's hypocritical or not


Are you generally supporting Keynesian policies? If yes, it's just as hypocritical to criticize textbook Keynesian spending in a time of crisis. ;)

But on a more serious note: this debate comes down to whether, or to which extent, these loans will be forgiven.
Member
Posts: 35,291
Joined: Aug 17 2004
Gold: 12,730.67
Jul 7 2020 09:33pm
Quote (excellence @ Jul 7 2020 06:14pm)


I tried to find this but I don't think it's real?
Member
Posts: 64,732
Joined: Oct 25 2006
Gold: 260.11
Jul 7 2020 09:38pm
Quote (Black XistenZ @ Jul 7 2020 10:29pm)
Are you generally supporting Keynesian policies? If yes, it's just as hypocritical to criticize textbook Keynesian spending in a time of crisis. ;)

But on a more serious note: this debate comes down to whether, or to which extent, these loans will be forgiven.


It's an institute dedicated to Ayn Rand, who is absolutely opposed to Keynsian policies.

This debate doesn't come down to that specifically.
Member
Posts: 52,226
Joined: May 26 2005
Gold: 4,404.67
Jul 8 2020 04:14am
Member
Posts: 66,666
Joined: May 17 2005
Gold: 17,384.69
Jul 8 2020 05:12am
Quote (Black XistenZ @ 8 Jul 2020 12:14)


Obviously the superior race vroom vroom
Member
Posts: 53,338
Joined: Sep 2 2004
Gold: 57.00
Jul 8 2020 07:31am
Quote (Black XistenZ @ 8 Jul 2020 06:14)



:rofl: :thumbsup:
Member
Posts: 33,644
Joined: Oct 9 2008
Gold: 2,617.52
Jul 8 2020 07:46am
Quote (thundercock @ Jul 7 2020 11:33pm)
I tried to find this but I don't think it's real?


Yea it is. Read the TOS. Its absolutely braindead
Go Back To Political & Religious Debate Topic List
Prev1385838593860386138625001Next
Closed New Topic New Poll