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alcibiades_mystery

(36,437 posts)

9. So stimulus works?

Reply to davidn3600 (Original post)

Sat Feb 9, 2013, 03:15 PM

Feb 2013

No shit.

Make no mistake: the FICA holiday was pure government spending: the shortfall to the Social Security fund was paid off from general accounts.

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Tax holiday expiration hitting low-income Americans hard [View all] davidn3600 Feb 2013 OP

The payroll tax holiday expiration should have been offset with income tax cuts for low income n/t Fumesucker Feb 2013 #1

I think bigapple1963 Feb 2013 #28

I always thought the tax holiday to be a bad idea Sherman A1 Feb 2013 #2

The goal was to boost the economy. Historical data shows that the best way to boost bluestate10 Feb 2013 #8

My understanding was that other historical data Sherman A1 Feb 2013 #12

my historical data shows hfojvt Feb 2013 #15

OMG BainsBane Feb 2013 #30

no, what I value is hfojvt Feb 2013 #31

Not at all jmowreader Feb 2013 #29

I'm jealous they could afford a monthly date night before magellan Feb 2013 #3

More proof that money in the hands of lower income and poor stimulates the economy libtodeath Feb 2013 #4

Your remark captures the real tragedy. (nt) DreamGypsy Feb 2013 #5

As if proof and facts matter when it comes to funding our servitude. +1 n/t Egalitarian Thug Feb 2013 #6

what proof and facts though? hfojvt Feb 2013 #16

It is not a issue with the numbers but what they did with it libtodeath Feb 2013 #17

+1 HiPointDem Feb 2013 #22

Maybe I don't understand your question. Are you denying that virtually every penny that the Egalitarian Thug Feb 2013 #24

Not only does this move hurt a lot of working Americans, amandabeech Feb 2013 #7

Tell that to the DU members that were raging on about how the holiday hurt Social Security. bluestate10 Feb 2013 #10

They don't listen, mostly, I think because because they believe that they themselves will amandabeech Feb 2013 #11

Let me tell you what's vastly unfair jmowreader Feb 2013 #18

So perfectly said libtodeath Feb 2013 #23

So a wealthy person that will not need SS when they retire but can still draw the maximum benefit libtodeath Feb 2013 #20

So stimulus works? alcibiades_mystery Feb 2013 #9

I knew it was coming and supported the ending, but it's still a shock. Starry Messenger Feb 2013 #13

Mine went down $60 alarimer Feb 2013 #26

Everything hits low-income Americans hard. Autumn Feb 2013 #14

It really didn't take a rocket scientist to see what would happen to the economy if the middle class DogPawsBiscuitsNGrav Feb 2013 #19

x1000 libtodeath Feb 2013 #21

On the plus side, we won permanent tax cuts for people earning up to $399,000 a year Demo_Chris Feb 2013 #25

The May Think Different When They Hit 65... KharmaTrain Feb 2013 #27