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45% of Americans pay no federal income tax


Quote:Malabar- you misinterpreted my post. Supply side economics and free trade didn't cause this last recession, those two policies that have been maintained by every president and every congress since Reagan has caused the rise of folks that are using social programs.


Now, though these 2 policies may not have caused the great recession, it sure has made it impossible for workers to get back to where they were before the recession.
 

I disagree. There was no rise in the use of social programs due to supply-side economics, and there was a big drop after Clinton limited welfare benefits. And don't claim that it was due to people no longer receiving needed benefits, the five-year time limit started in 199; no one could have been cut off until 2002. What happened was that people on welfare saw the time limit and realized that they needed to get a job instead. There were jobs for those people, the previous system just made it easier to not try to find work.


 

And Obama had a Dem majority for his first two years, and could institute whatever policies he wanted without opposition. If he had a clue as to how the government could assist in economic recovery the recession would have ended by 2011. Don't try to blame "supply-side economics" for Obama's failure. Supply-side is not even the thrust of the US economy, otherwise there would be no corporate income tax. The US economy is still predominantly Keynesian.





                                                                          

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45% of Americans pay no federal income tax - by MalabarJag - 04-22-2016, 12:12 PM



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