The invisible hand of the free market will save the economy (no, seriously!)

[DetlefK]

Think back to early days of the Obama administration: Wall Street had been too greedy, was no longer able to give loans to the industry, that's why these shit-loads of money had to come from somewhere. Government had to step in.

The Republicans proposed stimulating the economy by giving that money to customer-side of industry, the ordinary people. They would spend that money and spur the economy, saving only those companies that are worth it.
The Democrats proposed injecting that money into the companies themselves, to steer the process to a maximum of effect.

And now it's exactly the other way round:
The Republicans want to give the tax-cut money to the companies, the Democrats want to give it to the customers.




If the Democrats actually had the necessary guts, they would stab the Republicans in the back, twist the dagger and rub salt in the wound:
Just. reframe. the. issue.

This is not about extending the Bush Tax-Cuts (they are running out). This is about passing the Obama Tax-Cuts, the "Free Market Tax Reduction Act".
What is free-market about them? Simple: There is no guarantee that a tax-saving company would invest that money into jobs. We should invest that money into companies that deserve that money. And who will tell us who deserves that money? The invisible hand of the free market aka the customers.

Give the tax-cuts to the everyday customer and the invisible hand of the free market will automatically lead to a maximum of economic growth.
Ha! Suck it!

[Turbineguy]

1. In Ayn Rand's

world is no insider trading. So it's OK. It will work. :sarcasm:

[Go2Peace]

2. It sounds all good. But as long as you use Republican Frames ultimately you loose ground

We cannot continue to work within their frames. We get a little smilie when we are successful, but the Republican cause get's a long term win. That is what is hurting us now. For every fight we win, the Republicans get stronger because we fight on their turf.

[The_Casual_Observer]

3. Communists & Free Marketeers have one thing in common

They don't take greed into account.

[thereismore]

4. They are both utopians. nt