How deliciously ironic.
It's pretty simple really. If there is more incentive to do something more people will do it. What is so difficult to understand?
If you raise rates to something absurd like 99% people will act differently than if the rates were 0%. This is a drastic example but I used it only for illustration.
If gas prices are $5 vs $2 a gallon wouldn't that impact people's decisions to go on long road trips? Increased costs on individuals changes some of those individuals behavior. You sell more gas when it is cheaper than when it is more expensive. Likewise you get more transactions when it is cheaper to make them.
He's partly to blame because he forced banks to lower their lending standards. Exactly like I was saying.
So if Clinton was partially to blame you can't pin all of those job losses at the end of Bush's administration. So the numbers that you posted comparing Bush's job record vs Obama were full of shit. Thanks for finally answering this.
Raising taxes to 99% wouldn't harm growth? If your assertion is true it wouldn't but we know that isn't the case. You're wrong.
Yes, pretty sloppy on my part. Thank you for calling me on it. Let me correct the statement now.
I thought it was pretty straight forward. Obama wants to raise capital gains tax rates by 9%. This means that an investor must consider this extra 9% when considering selling an asset. The extra 9% makes it less profitable to sell an asset which would lead to less capital transactions.
So now will you answer the question?
Does increasing cap gains tax rates create more transactions or less of them?
If Mitt was only in it for the money he could have spent that 2.5 years making more money. He is richer than both of us (assuming on your part), he knows how to create wealth through investments. It's just stupid to suggest that Romney is running for president to lower tax rates so he can get a little more money. Instead of taking that 2.5 years and creating more businesses and making more money. It's just stupid.
Current birth rate is around
350k a month. So being generous I think 150k a month just to break even. If we keep these job rates we will sink eventually and that is why it is getting worse.
Again, less regulation doesn't mean no regulation.
Less regulation to me means lowering the barrier of entry into markets. For example... There are stiff penalties for painters who work on houses made before 1978 (I believe but something like that) if they don't properly take care of lead paint. Where a small paint business owner would basically be wiped out if they screw something up and get multiple violations over a few days. I don't think we should have zero regulation but taking somebody's home for an afternoon of violations probably isn't the "balanced approach".
http://bangordailynews.com/2011/05/...nes-for-endangering-children-with-lead-paint/
How much would oil cost if we didn't have more production? See you can't answer that either. You have a zero sum game mentality when the world doesn't work like that.
You just contradicted yourself in one sentence. If supply and demand doesn't affect oil prices when we increase supply then it doesn't affect oil prices when there is less demand. You can't have it both ways.