You already have this...

Post #26,985 by bepatient 2/2/02 12:47:28 PM Reply	You already have this... ...its called tax cuts and Sam's Club. Sams, BJ's etc...are all consumer oriented buying clubs that get discounts from major companies based upon the size of their membership. GW put $600 more dollars in your pocket in addition to the lower withholding. So...thats Normonomics, eh? You were born...and so you're free...so Happy Birthday! _{Laurie Anderson} [link\|mailto:bepatient@aol.com\|BePatient]
Post #27,128 by Washing Machine Charlie 2/4/02 1:36:42 AM Reply	He does have a point a big problem is that the consumers are not spending enough money. The employers apparently do not want to give out pay raises, or training to get more pay. So why not just give the employers higher taxes, and then give tax cuts to those earning less than $100,000 a year? Give a lower tax to purchases less than $10,000 and a higher luxtury tax to items over $10,000 unless it is a home and only one home can be tax-free, and the rest are taxed. Don't tax food and clothing either as they are needed to live. Norm does seem to have a good idea, but I think that John Nash had it first. Both Norm and John seem to have brilliant minds, but are plauged with mental health problems. The idea that they share is that the real money that moves the economy comes from the consumers. if you can put more money in the hands of the consumers, and the consumers do what is best for them and the economy, then we can solve most of our economic problems. That tax cut by GW also put a lot of money into the wealthy and employers more than it did the consumers. $600 is a good start; however, it is a loan from the next year where the $600 will be considered income and still taxed. Even unemployment income is taxed.
Post #27,283 by nking 2/4/02 6:39:59 PM Reply	More on John Nash? Who is he, what did he do, what economic ideas did he come up with? "Will code Visual BASIC for cash."
Post #27,318 by a6l6e6x 2/4/02 11:06:56 PM Reply	Re: More on John Nash? He is the subject of a [link\|http://www.amazon.com/exec/obidos/ASIN/0743224574/nobelprizeintern/104-1062501-0633546\|book] and a movie "A Beautiful Mind", and which of course you have not seen. He is a paranoid schizophrenic. See his autobiographical sketch after he won the [link\|http://www.nobel.se/economics/laureates/1994/nash-autobio.html\|Nobel] prize in 1994 for his contributions to Economic Sciences - for pioneering analysis of equilibria in the theory of non-cooperative games. Here is a [link\|http://pup.princeton.edu/titles/7238.html\|Princeton University link]: From 1959 until his astonishing remission three decades later, the man behind the concepts "Nash equilibrium" and "Nash bargaining"--concepts that today pervade not only economics but nuclear strategy and contract talks in major league sports--had lived in the shadow of a condition diagnosed as paranoid schizophrenia. In the introduction to this book, Nasar recounts how Nash had, by the age of thirty, gone from being a wunderkind at Princeton and a rising mathematical star at MIT to the depths of mental illness. Alex "Of course, you realize this means war." -B. Bunny
Post #27,280 by nking 2/4/02 6:37:40 PM Reply	Not quite Sam's Club is not really a wholeseller, or at least I don't see wholesale prices on most of their stuff. Sometimes I can get cheaper prices at local supermarkets or the Walmart next store to our Sam's Club store. Some of the stuff at Sam's is cheap, but a bulk of it is not. All they do is sell a larger version of the product you find elsewhere. Plus they discontinue a lot of the products that I liked to buy. I was thinking more like a non-profit org that contacts the companies and consumers and small businesses and makes the arangement for the bulk buys. The $600 is a good start, as is the lower withholding, but we need other ways to put more money in the hands of the consumer. Like cost of living wage increases, penalizing companies for underpaying their employees, offering property tax rebates to low income taxpayers, etc. A good deal of the problem is that the capital is stuck on the top 10% of the citizens, we need to find a way to get a part of it down to the bottom and middle. Only problem is that politicians are too gutless to do what it takes to fix the economy. Which may mean higher taxes for the top 10% and Corps, and lower taxes for the middle-class and poor. Supply side economics has been tried and has failed each time it has been tried. "Will code Visual BASIC for cash."*

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