5:30 in voting pro
@sigfried priming the pump does not work from theory to practice. The lags take too long to affect the real economy. We do have a good understanding of where we are on the Laffer Curve, we are actually on the vertical side of the curve, we should increase taxes.
Also, monetary policy affects the real economy and AD in a much faster way. So Monetary Policy>Fiscal Policy
Increase in disposable income does mean an increase in savings.
@mosheweissman Definitely a good discussion and debate. I've got a death tax debate up if you want to do that one. I'd love to debate military spending (though more a discussion on that as I don't have a hard position on it) I'm up for anything. We do pretty well as I think we both have somewhat moderated views, but lean in different directions. That makes for a good exploration of a topic.
@sigfried I really enjoy these debates/discussions. As for The estate tax, I think it should be part of another debate as 45 minutes is pretty long for that. I look forward to many more. I think in a time where everything is polarized, some civil open debates like these are much needed.
@sigfried (can post here...still not on the other...)Would take a discussion debate on military spending.....I would do it from a 'questioning approach' .....basically - the public decides - but what are the factors in making the decision. Want to make a go of it? I do not have a hard core position on this - but I do have some strong feelings that should be a factor.
@mvineyard Sounds like a great idea. I made a topic of it. https://www.qallout.com/debate/3886-lets-talk-about-us-defense-spending-a-critical-discussion-of-ideas/liveI'll tag you on the debate as well.