Comments on: Lawrence Lindsey on TDS http://www.ritholtz.com/blog/2009/02/lawrence-lindsey-on-tds/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 11:47:29 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: DL http://www.ritholtz.com/blog/2009/02/lawrence-lindsey-on-tds/comment-page-1/#comment-143891 DL Thu, 05 Feb 2009 05:47:04 +0000 http://www.ritholtz.com/blog/?p=18034#comment-143891 Jojo99 @ 12:09 Stop giving money to the banks; at the same time, give more money to the unemployed. Enough for them to get by, but not so much as to encourage people to quit their jobs. Jojo99 @ 12:09

Stop giving money to the banks; at the same time, give more money to the unemployed. Enough for them to get by, but not so much as to encourage people to quit their jobs.

]]> By: Jojo99 http://www.ritholtz.com/blog/2009/02/lawrence-lindsey-on-tds/comment-page-1/#comment-143889 Jojo99 Thu, 05 Feb 2009 05:09:31 +0000 http://www.ritholtz.com/blog/?p=18034#comment-143889 The problem with tax breaks is that it only applies to those who are working (or pay tax). What about the people without jobs? The problem with tax breaks is that it only applies to those who are working (or pay tax). What about the people without jobs?

]]> By: DL http://www.ritholtz.com/blog/2009/02/lawrence-lindsey-on-tds/comment-page-1/#comment-143886 DL Thu, 05 Feb 2009 04:49:27 +0000 http://www.ritholtz.com/blog/?p=18034#comment-143886 haileris @ 11:15 “people will just shove the extra money under their mattress” Yes, that may be true. But I don’t understand why improving household balance sheets is such a bad thing. Nor do I really understand where the opposition (among ordinary people) is coming from. A cut in the payroll tax is going to benefit everyone making less that $100K. Why would anyone who is making less than $100K want to have a lower standard of living, if they could have a higher one? (Having more money in the bank is, IMO, encompassed by the term “higher standard of living”). haileris @ 11:15

“people will just shove the extra money under their mattress”

Yes, that may be true. But I don’t understand why improving household balance sheets is such a bad thing. Nor do I really understand where the opposition (among ordinary people) is coming from. A cut in the payroll tax is going to benefit everyone making less that $100K. Why would anyone who is making less than $100K want to have a lower standard of living, if they could have a higher one? (Having more money in the bank is, IMO, encompassed by the term “higher standard of living”).

]]> By: haileris http://www.ritholtz.com/blog/2009/02/lawrence-lindsey-on-tds/comment-page-1/#comment-143884 haileris Thu, 05 Feb 2009 04:15:07 +0000 http://www.ritholtz.com/blog/?p=18034#comment-143884 giving tax breaks won't do anything, people will just shove the extra money under their mattress, anyone who expects the velocity of money for tax breaks to be above 1 is crazy giving tax breaks won’t do anything, people will just shove the extra money under their mattress, anyone who expects the velocity of money for tax breaks to be above 1 is crazy

]]> By: Jojo99 http://www.ritholtz.com/blog/2009/02/lawrence-lindsey-on-tds/comment-page-1/#comment-143855 Jojo99 Thu, 05 Feb 2009 00:56:24 +0000 http://www.ritholtz.com/blog/?p=18034#comment-143855 Many users have problems viewing the videos at TDS (there are nearly 30 pages of problems/complaints on one of their forums). The link did not work for me (as expected). So here's the Hulu link. ===================== Mon, Feb 2, 2009 The Daily Show with Jon Stewart Season 14 : Ep. 17|21:41| Former National Economic Council Director Lawrence Lindsey gives Jon his two cents on Obama's stimulus plan. (look about 11:25 in): http://www.hulu.com/watch/55851/the-daily-show-with-jon-stewart-mon-feb-2-2009 Many users have problems viewing the videos at TDS (there are nearly 30 pages of problems/complaints on one of their forums). The link did not work for me (as expected).

So here’s the Hulu link.

=====================
Mon, Feb 2, 2009
The Daily Show with Jon Stewart
Season 14 : Ep. 17|21:41|

Former National Economic Council Director Lawrence Lindsey gives Jon his two cents on Obama’s stimulus plan.

(look about 11:25 in):

http://www.hulu.com/watch/55851/the-daily-show-with-jon-stewart-mon-feb-2-2009

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