Will taxing oil ''revive the world economy''
The UN is proposing taxing oil, among other things, for a ''Global Green
New Deal''.Since FDRs New Deal lengthened the recovery time from the Great
Recession, is this a good idea?It is been proven that raising taxes damages
the economy.
/>http://reuters.com/article/environmentNews/idUSTRE52I09T20090319?sp=true
/>HaHaHa ! ! Daily - the question was meant for serious , not for elitists
who repeat what their liberal professors say and rewritten history.Your BS is showing ! So many failed liberal programs that are still on the books, sucking up our taxes - do we really need more ? Soc. Security War on Poverty Welfare that wiped out the Black family (thank you Repubs for reforming it ) The list is endless.
''Since FDRs New Deal lengthened the recovery time from the
Great Recession,''
Lie. Prove it, fool. And don't just link to some joke of an economics
paper by a couple of right-wing hacks, which you haven't read & wouldn't
understand. Post the numbers, or retract ur asinine talking point. Do keep
in mind that you must justify ur claim by proving that the economy would have grown at the fastest-in-US history average rate of 6.5% per year from 1933 to 1940, or breakneck rate of 9.5% per annum from 1933-1937 (the height of the New Deal) - ur choice which. Now then, as to taxing oil, YES - DO IT NOW. Everyone realizes we're at or near peak oil, & thus it is clear that clean energy technology will be the next big industrial project, but there is too much uncertainty about future prices for investors to go ahead on their own. These projects have a large fixed cost component & very low variable costs, so putting a floor on the price of oil would be a huge help towards getting investment flowing back to productive uses. # Edit # What is ur definition of ''failure,'' & why did those programs fail? As it stands, you're merely asserting that they ipso facto failed because you don't like them. Sorry, but you have to compare something with something else, not just assert ur distaste. While you're thinking on that, here is what I have to say about them: Social Security - in most respects, a terrific success. Fully half of the elderly were living in squalor prior to the creation of Social Security, its creation caused this phenomenon to all but disappear within a decade, & today it is less than 5%. Now, the boomers tried to get off not paying their share, & they should not be allowed to do so. But that is far from a fundamental failing. War on Poverty - That was a Johnson-era initiative. Next. Welfare - Your assertion that welfare ''wiped out the black family'' is so incredibly ignorant as to defy any need for comment. I agree that it was flawed in many respects, but to blame only that factor, when the reality is vastly more complicated, is just stupid. Further, that is not to say it was not necessary at the time. Don't even try to pretend that you know what conditions were like at the nadir of the Great Depression.
''Since FDRs New Deal lengthened the recovery time from the
Great Recession''
No, it didn't.
Raising taxes during a recession always prolongs the recession.
The UN should not be able to tax anything. No one in that group was
elected by anyone. Course, The Obama, does want to give more money to
that group that has already shown itself to be corrupt. I am of the
opinion that the UN should be desolved.
F the UN and evrything it stands for,taxes only will rob wealth
from people that work,the UN is evil in it is purest form,and people are
conned into thinking it is good
ck get real,the depression was a result of democrats and the federal
reserve,and it was made worse by taxes
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