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Thursday, June 10, 2010

Economic Collapse Is Good For The Economy.

http://online.wsj.com/article/SB10001424052748704113504575264513748386610.html?mod=WSJ_hp_mostpop_read
Tax Hikes and the 2011 Economic Collapse
It shouldn't surprise anyone that the nine states without an income tax are growing far faster and attracting more people than are the nine states with the highest income tax rates. People and businesses change the location of income based on incentives.

Are you sure about that?

That can't be right?

Government science (create theory, throw out facts that are contrary to theory) proves that higher taxes and more regulation stimulates the economy.

It seems to surprise politicians and economists. Why else are politicians and economists constantly raising taxes and creating more regulations in an effort to stimulate business. If lowering taxes, and reducing regulations would stimulate earnings, and thus increase employment and taxes, don't you think that politicians and economists would recommend that in times of massive depression like we are currently experiencing?

Wait, I forgot. What we are experiencing is an economic recovery. Don't all economic recoveries feature millions of unemployed? Don't all economic recoveries feature millions of homeless? Don't all economic recoveries feature massive government debt?

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