Republicans way to solve the current crisis

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Discussion Overview

The discussion centers around proposed solutions from Republicans regarding the current economic crisis, contrasting their suggestions with criticisms of Democratic approaches, particularly bailouts. Participants explore various viewpoints on government intervention and market self-regulation.

Discussion Character

  • Debate/contested
  • Conceptual clarification
  • Exploratory

Main Points Raised

  • Some participants argue that Republicans have not provided clear solutions, focusing instead on what should not be done.
  • One suggestion mentioned is a tax holiday to increase consumer spending.
  • Critiques of government intervention suggest that past initiatives, like TARP, have evolved into ineffective spending programs.
  • Some participants advocate for a hands-off approach, believing the market should self-correct without government interference.
  • Concerns are raised about the quality of government decision-making, with claims that it is often driven by political motives rather than economic rationality.
  • There are humorous remarks about the absurdity of bailouts and the perceived inefficiency of government employees.

Areas of Agreement / Disagreement

Participants express a range of views, with no consensus on the best approach to the economic crisis. Some advocate for inaction, while others suggest specific measures like tax holidays. Critiques of government involvement are prevalent, but there is no agreement on a unified solution.

Contextual Notes

Participants highlight the complexity of the economic crisis and the varying opinions on government roles, suggesting that assumptions about market behavior and government efficacy are not universally accepted.

rootX
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They say bailouts (democratic ways) would not work but what they are suggesting to solve the current economic crisis?

I mainly see them saying what should not be done but haven't seen them saying what should be done.
 
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Without going into politics (I don't know much about the two-party system anyway), maybe it would help if politicians stopped talking about the economic crisis.
Probably about 50% of the crisis is caused by people shouting: "oh no, it's an economic crisis", making it a partly self-fulfilling prophecy.
 
The primary suggestion I've seen from Republicans is a tax holiday - suspending the income tax for a period of weeks or months to give the average consumer more money to spend.
 
rootX said:
They say bailouts (democratic ways) would not work but what they are suggesting to solve the current economic crisis?

I mainly see them saying what should not be done but haven't seen them saying what should be done.


Nothing. The government that serves the people the best is the government that does the least.
 
The last Republican initiative was the intervention into the liquidity of financial markets. The so called bailout turned into TARP 1 and is morphing before our eyes into a very large (Democratic) tax/borrow/spend Porky monster.
 
russ_watters said:
The primary suggestion I've seen from Republicans is a tax holiday - suspending the income tax for a period of weeks or months to give the average consumer more money to spend.

WhoWee said:
The last Republican initiative was the intervention into the liquidity of financial markets.

Thanks, I missed those ones.


The so called bailout turned into TARP 1 and is morphing before our eyes into a very large (Democratic) tax/borrow/spend Porky monster.


Sorry, I only wanted to know their suggestions not their criticisms (edit: nor why they are wrong or right). Now, we can just wait and see.
 
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Al68 had it right; nothing is the answer. Let the economy work to straighten itself out without government manipulation that always makes a mess of things. Left alone, the market economy would get itself in a order in remarkably short time. All the government can do is prevent that from happening and extent the period of disorder and despair.

Government always, without exception, makes the worst possible economic decisions because its decisions are always political rather than rational. Government never has to make a profit or answer to shareholders, but it always answers to lobbyists and insiders. It will never, ever make a good economic decision.

Government employment is a joke. Government employees joke about being "government layabouts" because they have so little to do. The management in government offices is insane and utterly ignorant. They are political hacks, in place because of who they know, not what they know (I know, I worked in a government lab for seven long, long years!). Expanding government employment is simply expanding waste.

The answer is leave the American people alone. Stop stealing their money in the form of additional taxation, stop imposing upon them with more and more regulation, get out of their faces and let them be the free people they are supposed to be.

"I'm from the government, and I'm here to help you." --- Aaaiiiiiiiiiiiiii...
 
Dr.D said:
Al68 had it right; nothing is the answer. Let the economy work to straighten itself out without government manipulation that always makes a mess of things. Left alone, the market economy would get itself in a order in remarkably short time. All the government can do is prevent that from happening and extent the period of disorder and despair.

Government always, without exception, makes the worst possible economic decisions because its decisions are always political rather than rational. Government never has to make a profit or answer to shareholders, but it always answers to lobbyists and insiders. It will never, ever make a good economic decision.

Government employment is a joke. Government employees joke about being "government layabouts" because they have so little to do. The management in government offices is insane and utterly ignorant. They are political hacks, in place because of who they know, not what they know (I know, I worked in a government lab for seven long, long years!). Expanding government employment is simply expanding waste.

The answer is leave the American people alone. Stop stealing their money in the form of additional taxation, stop imposing upon them with more and more regulation, get out of their faces and let them be the free people they are supposed to be.

"I'm from the government, and I'm here to help you." --- Aaaiiiiiiiiiiiiii...

Yes, true do nothing is also one of the solutions (but I think you are also suggesting to reduce taxes which is what Russ said).
 
Dr.D said:
Left alone, the market economy would get itself in a order in remarkably short time.

Yeah, by begging the government for big bailouts. :smile:
 
  • #10
Those asking for bailouts need to be directed to the breadlines. That would put an end to that foolishness very quickly.
 
  • #11
Dr.D said:
Those asking for bailouts need to be directed to the breadlines. That would put an end to that foolishness very quickly.

They have been pointed to the pork lines. The line up is starting.
They'll be in line soon. They're just looking for a parking spot for the jet.
 
  • #12
reminds me of dogbert :smile:
http://dilbert.com/dyn/str_strip/000000000/00000000/0000000/000000/40000/2000/800/42810/42810.strip.gif
http://dilbert.com/dyn/str_strip/000000000/00000000/0000000/000000/40000/2000/800/42811/42811.strip.gif
 
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