Republican versus Democrat - Boil it Down, Please.

Nothing left leaning about the article, as I said good summation, not meant as a deep analysis of the differences.

 

Conservative fiscal ideology- cut taxes thus lowering the costs for business, allowing them to expand more and hire more people. The lower taxes= lower production costs and allows american goods to be more competitive in the market. *This philosophy fails when the companies hire people other than americans. Another omitted fact about the policy is that production costs have little to do with the price of goods. *Supply and Demand is the governing principal.*

Liberal fiscal policy- Increase Government spending in government programs, (contractors and social programs) to stimulate the economy, the more disposable income the average american has the more they will spend creating stronger markets for businesses, compelling business to expand and hire more people. The more people working and earning an income the bigger the tax base for the government. *selection of proper programs at the right time is key*

If it was all about the theories of the ideology each party has, I could vote either way depending on current conditions; however the actual attitudes of the republican party along with the results they have given us in the recent past, I find it hard to consider most of their candidates.

 

Excellent post might I also add it says a lot about a party that has so much divisive and hateful dialogue. Not to mention whose slogan is country first but NEVER makes any attempt to do what's in the best interest of the country. They would rather tank the entire country than let Obama save it. Its disgusting.

 

Politics is for sheep.

 

The problem with conservative fiscal policy comes down to tax rates. When the economy is booming, you can afford to raise rates in order to build a surplus. If you leave it too low for too long, you will see an over-correction in the economy.

The problem with liberal fiscal policy is that creating jobs in the public sector is not enough to boost the economy, you need private sector job creation. Spending on social programs is a Catch 22. You spend money on people who need it, but the overall market suffers with low revenue and high debt. So people are forced to stay on the programs because you can't break the cycle.

In short, conservative fiscal policy is great in a recession. Liberal fiscal policy is great when the economy is booming.

 

Word? Trickle down economics anyone?

 

Thanks to everyone who has posted. I haven't had a chance to read all the responses carefully, nor all the links. I read a couple, and LA, I took the test in the link you provided. Based on that, I'm a moderate Republican, which is more or less how I described myself earlier. There was only one question on the quiz that I answered to the extreme. The rest I found myself saying "mostly agree" or "mostly disagree."

I do plan to read all the responses and links posted. I appreciate those who took the time post.

 

See, this is where it gets confusing for me. I'm not an economist. In this instance, TDK is right about me - I don't understand much of the way the economy works beyond the basics. Both of these descriptions sound good but in different ways. So how does one make a voting decision when both paths seem to lead to the same goal?

I'm a person who wants to even things out a bit. I hate to see extremes of anything ie, filthy rich or filthy poor. I don't want to begrudge anyone who has amassed a fortune by hard work and proper ethics. They've earned it. But I also don't want to see people live in poverty and squalor because they don't have the brains or education or business acumen to live differently. I do believe that each person has some basic rights as a human being.

 

I don't think either party have the country's interest at heart.

This country is being run like a business. And it's headed for a big economic collapse.

 

Yelp

 

interesting...

 

This is just my opinion: Companies can only made so many items to supply this country (furniture, vehicles, ect). The demand will cease soon. And with every company/person trying to out do the previous year this world has become cut throat. And if not accomplished, they've had "a bad year". SMH. Not to mention this country is run by a group of people (rep & dem) with no dog in the race. They have their cake and ice-cream (great health care, nice income, and a retirement thats not apart of this broke social security system).

 

Check Out Republican Christine O'Donnell

[YOUTUBE]watch?v=0P4ytC_S3nk[/YOUTUBE]

 

Fixed.

And for the record, I still wouldn't let my dick go NEAR that due to IQ discrepancies.

 

"The Republican Party was started to end slavery." :shock::smt095



Someone was clearly home schooled and not properly at that....

 

The GOP used to have moderates and liberals like the Rockefeller brothers who were governors of Arkansas and New York State,however the Goldwater branch has evolved into something not good. Plus,the party that freed the slaves is now the party of the great grandsons of slave masters.

 

I dare anyone to find a Democrat equivilant

 

On what planet do these people live on?
Seriously.
Can they or someone who knows explain it? Cuz it is not here. Or if it is..it's a completely different reality than the one most of us live in.

Of course, Mitt Romney's cars have elevators.

So...Yeah...definitely not the common definition of what most of us call reality.

 

Hope that the Brothers in the Democratic party work hard not to let the GOP to go back the way we were in the past.

 

Economist Thomas Sowell has written that the actual path of money in a private enterprise economy is quite the opposite of that claimed by people who refer to the trickle-down theory. He said that money invested in new business ventures is first paid out to employees, suppliers, and contractors. Only some time later, if the business is profitable, does money return to the business owners—but in the absence of a profit motive, which is reduced in the aggregate by a raise in marginal tax rates in the upper tiers, this activity does not occur. Sowell further has made the case that no economist has ever advocated a "trickle-down" theory of economics, which is rather a misnomer attributed to certain economic ideas by political critics.

The fact is that capital accumulation and economic progress depend on saving and innovation and that these in turn depend on the freedom to make high profits and accumulate great wealth.