Conservatism is calling

[mikehkang]

Nice video.
It summarizes the two schools quite well.

The following isn't a video but it compares the supply-side and the demand-side economics. A Primer on Supply-Side vs Demand-Side Economics


For those of you without time to read the link above, here are some interesting questions:

1. If lower tax creates jobs and is good for economy, is the best tax rate 0% for everyone? Never mind the social programs but who then pays for the military?

2. Is the factory not hiring because tax is too high? Or, because no one has the money to buy?


Also, can we agree that we ALL pay taxes?
If you are inclined, you can follow this link. Misconceptions and Realities About Who Pays Taxes — Center on Budget and Policy Priorities

[Johnny Danger]

If Moochelle Obama stopped spending taxpayer money, what do you think would shrink first, the GNP or the deficit ?

[Iflylow]

Quote: When Warren Buffet said the tax rate should be higher, I remember some people telling him and him alone to pay more if that is his belief. Well, if any of you guys think that there is too much "entitlement" given out the government, your can promise to not collect social security. Why add to the deficit?

I personally agree with Warren Buffett. I am firmly a right-leaning center guy, but who is this Grover Nohrquist, and why does he have the GOP by the b*lls? I never voted for they guy.

Back to social security: How did it become known as an entitlement? I am not naive enough to think that it will be my only means of support, but I also know that it's something I have paid for with every paycheck I have received. The media has allowed the self-serving politicians to shift it into the same category as food stamps. If it truly is an entitlement, let me have all the money I have deposited, and I will invest it in something more 'noble'.