It’s Time For A Permanent, Prevasive and Predictable Stimulus Package–The FairTax–Launching A Peace and Prosperity Economy–Videos

Posted on July 15, 2011. Filed under: Banking, Blogroll, Communications, Economics, Employment, Federal Government, Fiscal Policy, government, government spending, Language, Life, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Strategy, Talk Radio, Taxes, Unemployment, Video, Wealth, Wisdom | Tags: , , , |

The Problem

 

The Warfare and Welfare Economy With

Temporary,Targeted and Timely Stimulus Packages

The Road Ahead: Unemployment, Poverty and the Recession

 

The predictions in the above videos were off by two years.

The predictions for 2010 are now the predictions of many for 2012. 

The Great Stimulus Debate: What You Need To Know About How Will The Stimulus Will Affect Our Economy

“…A fact-based look at how the Economic Stimulus will affect our economy. Because this stimulus was poorly designed, it will not be timely enough to help, it targets the wrong sectors, and it will be anything but temporary. It will lead to higher debts and lower long-term GDP, which hurts you, your children and rewards political special interests. It is time to hold politicians accountable for creating this mess and failing to fix it. …”

Massive unemployment could lead to riots says Dr. Brzezinski

 

END FED: Keiser Explains How Fed-Banks Create Revolutions & Genocide; Speculation, Food-Oil Prices

  

Updated 01.12.11 – The Decline: The Geography of a Recession by LaToya Egwuekwe (OFFICIAL)

According to the U.S. Department of Labor’s Bureau of Labor Statistics, there are nearly 31 million people currently unemployed — that’s including those involuntarily working part time and those who want a job, but have given up on trying to find one. In the face of the worst economic upheaval since the Great Depression, millions of Americans are hurting. “The Decline: The Geography of a Recession,” as created by labor writer LaToya Egwuekwe, serves as a vivid representation of just how much. Watch the deteriorating transformation of the U.S. economy from January 2007 — approximately one year before the start of the recession — to the most recent unemployment data available today. Original link: http://www.latoyaegwuekwe.com/geographyofareces­sion.html. For more information, email latoya.egwuekwe@yahoo.com

 

 

 

 

 

Gerald Celente on The Peter Schiff Show 14 Apr 2011

Trend Prophet Forecasts Food Riots For US by 2012

Our Troubling Tax System

 

The Solution

 

Launch The Peace and Prosperity Economy

With A Premanent, Pervasive and Predictable Stimulus Package

The FairTax: It’s Time

 What is the FairTax legislation?

 

Mike Huckabee – What is the “Fair Tax?”

 

Lugar Cosponsors the FairTax

 

Marco Rubio on the FairTax

 

HERMAN CAIN ON “FAIR TAX” 110611

Herman Cain Discusses Fair Tax with Neil Cavuto

 

Ron Paul On Taxes

 

Ron Paul on Taxes

  

Ron Paul – THE FAIRTAX REVOLUTION

 

Bachmann Reacts to Obama’s Call to Raise Taxes

 

Tax Rates are High Enough Already

  

What Are Taxes For? PJTV Goes to The Hill to Get Answers From Bachmann, Price, Jordan & Others

 

The Fair Tax

 

The Fair Tax Explained

 

Fair Tax… explained by a 17 year old

  

Support the FairTax

 

My FAIRTAX Story_Paul Wizikowski

Taylor discusses the economy with Tom Keene on Bloomberg TV

“…John Taylor, the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University, discusses economics, finance, QE2, taxes, and investments with Tom Keene on Bloomberg TV. …”

 

No, A Bigger Stimulus Would Not Have Worked Either

By JOHN B. TAYLOR

“…For these reasons I argued in the November 2008 article which Krugman cites that a better fiscal policy would be to rely on the automatic stabilizers and enact more permanent reductions in tax rates (or at least pledge not to increase tax rates in a recession).

As early as the summer of 2009 it was clear that ARRA was not working as intended, as John Cogan, Volker Wieland and I reported. Research since then has uncovered the reasons why. One reason is that very large stimulus grants to the states did not go to infrastructure spending as intended, and that’s what Ned Gramlich found out about Keynesian stimulus packages thirty years ago.

 

Why Permanent Tax Cuts Are the Best Stimulus

Short-term fiscal policies fail to promote long-term growth.

By JOHN B. TAYLOR

“…What are the implications for a second stimulus early next year? The mantra often heard during debates about the first stimulus was that it should be temporary, targeted and timely. Clearly, that mantra must be replaced. In testimony before the Senate Budget Committee on Nov. 19, I recommended alternative principles: permanent, pervasive and predictable.

- Permanent. The most obvious lesson learned from the first stimulus is that temporary is not a principle to follow if you want to get the economy moving again. Rather than one- or two-year packages, we should be looking for permanent fiscal changes that turn the economy around in a lasting way.

- Pervasive. One argument in favor of “targeting” the first stimulus package was that, by focusing on people who might consume more, the impact would be larger. But the stimulus was ineffective with such targeting. Moreover, targeting implied that increased tax rates, as currently scheduled, will not be a drag on the economy as long as increased payments to the targeted groups are larger than the higher taxes paid by others. But increasing tax rates on businesses or on investments in the current weak economy would increase unemployment and further weaken the economy. Better to seek an across-the-board approach where both employers and employees benefit.

- Predictable. While timeliness is an admirable attribute, it is only one property of good fiscal policy. More important is that policy should be clear and understandable — that is, predictable — so that individuals and firms know what to expect. …”

http://online.wsj.com/article/SB122757149157954723.html

Vote only for candidates for public office that support the FairTax.

Vote out of office those polticians who continue to support Federal income and payroll taxes.

No exceptions.

Demand that the FairTax be implemented and go into operation starting January 2012.

Only vote for that presidential candidate that clearly supports the FairTax and repeal of the tewnty-sixth amendment that gave us the income tax.

Background Articles and Videos

An Argument for the Fair Tax

 

 

Gerald Celente- Jeff Rense Radio – 14 July 2011

 

Roskam to Fox News: Our National Debt is Dragging Down the Economy

 

Economy: The Worst Yet to Come?


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