{"id":25696,"date":"2018-06-24T00:02:43","date_gmt":"2018-06-24T04:02:43","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=25696"},"modified":"2018-06-24T00:07:53","modified_gmt":"2018-06-24T04:07:53","slug":"the-president-thinks-we-need-to-pay-more","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2018\/06\/24\/the-president-thinks-we-need-to-pay-more\/","title":{"rendered":"The President Thinks We Need To Pay More"},"content":{"rendered":"

Econintersect<\/em> has the article The President Thinks We Need To Pay More<\/a>.<\/p>\n

\n <\/a>\n<\/div>\n
\r\n<\/pre>\n
This is a good article with one tremendous flaw.<\/p>\n
\nAnd if weak demand at home is keeping unemployment too high or wages too low, the appropriate policy response is fiscal relaxation- either a tax cut or spending increase- and not to tax or otherwise drive up the cost of imports, even if that results in a higher public debt.\n<\/p><\/blockquote>\n
Cutting taxes allows people to spend the money on whatever they want including creating a bubble in the stock market.<\/p>\n
There are some things that are for the good of society collectively including business interests that are not a profitable investment for individuals nor corporations. These are the things we depend on our government to buy for the collective good.<\/p>\n
When you put tax cuts on a completely equal footing as investment spending for the common good, you are leaving out a very important part of the picture.<\/p>\n
When you hear that tired old saw complaint by the Republicans that “you know how to spend your money better than the government does”, remember what I said above.  You will be able to retort, “There are some things I want my government to spend on because the country and the economy needs them, but it makes no sense for individuals to pay for them only voluntarily”.<\/p>\n","protected":false},"excerpt":{"rendered":"
Econintersect has the article The President Thinks We Need To Pay More. This is a good article with one tremendous flaw. And if weak demand at home is keeping unemployment too high or wages too low, the appropriate policy response is fiscal relaxation- either a tax cut or spending increase- and not to tax or […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-25696","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=25696"}],"version-history":[{"count":4,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25696\/revisions"}],"predecessor-version":[{"id":25700,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25696\/revisions\/25700"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=25696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=25696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=25696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}