Refundable tax credits for low-income people are good for stimulus, good in general too, though they could be made simpler as well as bigger. Business incentives, feh. I don't follow the trade stuff much, couldn't speak on it. I'm not sure how much it matters. I suppose a cheaper dollar would help exports. We had enduring trade deficits in the 90s but record-low unemployment.
On Tue, Sep 13, 2011 at 8:37 PM, Chuck Grimes <c123grimes at att.net> wrote:
>
>> I never left. Mystery Max
> ------------
> So, did you want to deconstruct the entire idea that tax credits and
> incentives to business produces jobs? Or that reducing the employee and
> employer SS deduction isn`t a back door way to cut Social Security.
>
> I am setting here on the search for made in USA steel shelving. The made in
> USA is an obscure, but well intended requirement of the ARRA. Only one
> problem. US steel products cost about twice what their Chinese counterparts
> cost. Is the same provision in the new round?
>
> It's nice working for the goviement. I get to smoke, drink, get out of bed
> at noon. Go talk to the boss get my assignment and leave. See, I tell you
> goviement money produces good jobs. Tax credits produce waste, fraud, and
> abuse.
>
> CG