Comments on: Welker’s daily links 09/15/2008 http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/ for students and teachers of AP and IB Economics Wed, 07 Jan 2009 00:09:26 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Jonathan Burkitt http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/comment-page-1/#comment-5787 Jonathan Burkitt Tue, 16 Sep 2008 15:46:39 +0000 http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/#comment-5787 I think that the economy should be left alone and be allowed to enter a ressesion as it is part of the natural cycle. Once it has settled it will recover, so i dont see any need to deficit spend. I dont think tax cuts will do much, i belive its just a tool to get people to vote for him instead of stimulating the economy. Most people will probably save the money they gain from the tax cuts, meaning it wont really stimulate growth again. P.s US deserves to have a ressesion it has caused 1 in the UK I think that the economy should be left alone and be allowed to enter a ressesion as it is part of the natural cycle. Once it has settled it will recover, so i dont see any need to deficit spend. I dont think tax cuts will do much, i belive its just a tool to get people to vote for him instead of stimulating the economy. Most people will probably save the money they gain from the tax cuts, meaning it wont really stimulate growth again.

P.s US deserves to have a ressesion it has caused 1 in the UK

]]> By: Joe Hauet http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/comment-page-1/#comment-5785 Joe Hauet Tue, 16 Sep 2008 12:27:01 +0000 http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/#comment-5785 Interestingly enough, last year McCain said that he was reading Greenspan's Memoir, "The Age of Turbulence." to educate himself in Economics, an area that he admits he is weaker in then foreign relations. The Democrats should have a field day with this one. Lets see if he heeds Greenspan's warnings and chooses to rework his tax agenda. Interestingly enough, last year McCain said that he was reading Greenspan’s Memoir, “The Age of Turbulence.” to educate himself in Economics, an area that he admits he is weaker in then foreign relations. The Democrats should have a field day with this one. Lets see if he heeds Greenspan’s warnings and chooses to rework his tax agenda.

]]> By: Simon Strong http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/comment-page-1/#comment-5781 Simon Strong Tue, 16 Sep 2008 11:19:33 +0000 http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/#comment-5781 I think that tax cuts would be greatly beneficial to the American population because when they are paying less tax they have more money which will eventually end up being spent back into the economy, therefore McCain will still receive tax through VAT. This would also help the economy in that there would then be more in the economy in the first place. I think that tax cuts would be greatly beneficial to the American population because when they are paying less tax they have more money which will eventually end up being spent back into the economy, therefore McCain will still receive tax through VAT. This would also help the economy in that there would then be more in the economy in the first place.

]]> By: Sabrina Walsh http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/comment-page-1/#comment-5753 Sabrina Walsh Mon, 15 Sep 2008 18:09:56 +0000 http://welkerswikinomics.com/blog/2008/09/16/welkers-daily-links-09152008/#comment-5753 With McCains idea of greater tax cuts wouldn't that keep more money cirrculating in the economy? Would McCains plan include another government stimulous plan, such as gthe one given to the public in the Bush administration? Most of the money that was given ot the public in said bill was from foreign investment, and due to America's lack of firms that are located with in the united states, and fully employee american citizens, most of the money that was to boost the economy went to foreign economies, such as China who inevitably gave the US the money in the first place. Wouldn't it be more sensible to build ineriorly in America nad try to draw firms back to the US, so that the employment rate increases and money spent doesn't travel half way around the world. With McCains idea of greater tax cuts wouldn’t that keep more money cirrculating in the economy? Would McCains plan include another government stimulous plan, such as gthe one given to the public in the Bush administration? Most of the money that was given ot the public in said bill was from foreign investment, and due to America’s lack of firms that are located with in the united states, and fully employee american citizens, most of the money that was to boost the economy went to foreign economies, such as China who inevitably gave the US the money in the first place. Wouldn’t it be more sensible to build ineriorly in America nad try to draw firms back to the US, so that the employment rate increases and money spent doesn’t travel half way around the world.

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