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@4 - Awesome
@27: I am particularly concerned about bad policies because significantly higher taxes have been proposed by Barack Obama. His plan would raise the marginal tax rate on the most productive workers more than 10 percentage points -- an increase that would bring us near Western European levels. His plan would also raise capital income taxes, taxing capital gains and dividends at 20%, compared to a 15% rate under Sen. John McCain's plan. A five percentage-point difference might strike you as small, but it is not. I have calculated that a five percentage-point difference in overall capital income taxation over the long haul is equal to a difference in the nation's capital stock of about 18%. This means a 6% difference in GDP and a 6% difference in the average wage rate. This means that real GDP and the average wage would fall, gradually but persistently declining about 6% after 25 years. That's not quite a Great Depression, but a significant step towards one. http://online.wsj.com/article/SB122342618776613613.html
Great article, thanks!
@38 - Actually that's not true, all Obama needs to do is let the Bush tax cuts expire to raise taxes. Also, that grand you're talking about is not a cut, it's essentially a handout. Giving $1000 to someone who paid $200 in taxes is not a rebate. @47 is right. When you have kids in private school and college, which I'm sure a lot of people here went to, $250k is not a ton of money. http://online.wsj.com/article/SB121910303529751345.html?mod=mostpop
I thought this was really interesting and well written. Unfortunately, we don't really have a free market though because there's already so much government intervention, so I think it's hard to say what things would look like if that were truly the case.
I agree with @43
86 - very well said. Can I quote your response on the Dealbook website?
blndebnker - Judging personal decisions of people you do not actually know is stupid and a waste of time.
@117 So you've never done anything your parents told you not to? I don't uphold all of the standards/values my parents taught me, that doesn't mean they didn't teach them to me or suddenly think they're not important because I've done them. The fact remains that she is supporting her daughter even after she did something she knows she disapproves of. That's what makes her a good mom.
I don't think it's fair to hold a mother accountable for her children's actions. Instead you should look at how she's handling the situation which is by being supportive and encouraging her daughter to be responsible and take care of her family. How is that inconsistent with her values?
9 is hilarious.
@72 - So you think Obama has a better understanding of the economy than McCain? You think raising taxes right now (or ever)is a good idea?
Anal_yst - sorry to hear about your job. I always like reading your comments the best. Good luck!
@32 - Well said. @28/30 - Whether that's true or not Laura Bush has never run for office, Ted Kennedy has. So what exactly is your point?
@14 - Well said.
92 - Do you have a son?
What about the CAIA for those only interested in working in alternative investments? How highly regarded/useful is it?
Well said @8.
raising min wage not the reason for increase of homeless here ... afterall, areas run by dems are exempt.
er, a hypermarket here is a little 7-11 convenience store there (in the middle kingdom).