<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: What&#8217;s Your Problem?</title>
	<atom:link href="http://jaredbernsteinblog.com/whats-your-problem/feed/" rel="self" type="application/rss+xml" />
	<link>http://jaredbernsteinblog.com/whats-your-problem/</link>
	<description>Facts, Thoughts, and Commentary</description>
	<lastBuildDate>Sat, 18 May 2013 15:18:49 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	
	<item>
		<title>By: Maria</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3471</link>
		<dc:creator>Maria</dc:creator>
		<pubDate>Sat, 18 Jun 2011 17:36:32 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3471</guid>
		<description><![CDATA[Kevin,
You are confusing opinion and faith with facts.  The tax code/ economic system is shaped by the behaviors we want as a society to foster and those we wish to discourage.  By &#039;we&#039;, I also mean those with the money to influence.  No one WANTS to pay taxes. Small Business is no different than any other group.  What cannot be disputed is the evidence that lower taxes for a specific group do nothing to benefit the economy unless the incentives are in place that would foster the behavior that does so.  If increasing a childs allowance were tied to academic performance than yes, you increase their allowance so they get good grades, go to the best college and get the best opportunity for a great career, then the get this great job, fancy car, and all the girls they want.  Unicorns and tea parties are for little children with vivid imaginations.  The influences -- both positively and negatively on the economy are historically and mathematically measurable.  &quot;Supply Side&quot; economics has proven to be an EPIC failure by every measure.  The same people that put their faith in it each and every time, also said THEN deficits didn&#039;t matter.  Deficits never matter when your spending money like a &#039;trust fund baby&#039;, such that the heir never pays the price for poor decisions... the rest of us do.]]></description>
		<content:encoded><![CDATA[<p>Kevin,<br />
You are confusing opinion and faith with facts.  The tax code/ economic system is shaped by the behaviors we want as a society to foster and those we wish to discourage.  By &#8216;we&#8217;, I also mean those with the money to influence.  No one WANTS to pay taxes. Small Business is no different than any other group.  What cannot be disputed is the evidence that lower taxes for a specific group do nothing to benefit the economy unless the incentives are in place that would foster the behavior that does so.  If increasing a childs allowance were tied to academic performance than yes, you increase their allowance so they get good grades, go to the best college and get the best opportunity for a great career, then the get this great job, fancy car, and all the girls they want.  Unicorns and tea parties are for little children with vivid imaginations.  The influences &#8212; both positively and negatively on the economy are historically and mathematically measurable.  &#8220;Supply Side&#8221; economics has proven to be an EPIC failure by every measure.  The same people that put their faith in it each and every time, also said THEN deficits didn&#8217;t matter.  Deficits never matter when your spending money like a &#8216;trust fund baby&#8217;, such that the heir never pays the price for poor decisions&#8230; the rest of us do.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Kevin Rica</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3456</link>
		<dc:creator>Kevin Rica</dc:creator>
		<pubDate>Sat, 18 Jun 2011 13:43:28 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3456</guid>
		<description><![CDATA[Yes, Maria, 

but the DATA in this case is because the self-interested party said &quot;I say so.&quot;  If you have the data -- you don&#039;t need to do the poll.

The point is that you kid always says he needs a higher allowance and businesses always say that they need a tax cut.  If you believe them, then you must believe everything that you ever heard since you were little.  You might still believe in unicorns.]]></description>
		<content:encoded><![CDATA[<p>Yes, Maria, </p>
<p>but the DATA in this case is because the self-interested party said &#8220;I say so.&#8221;  If you have the data &#8212; you don&#8217;t need to do the poll.</p>
<p>The point is that you kid always says he needs a higher allowance and businesses always say that they need a tax cut.  If you believe them, then you must believe everything that you ever heard since you were little.  You might still believe in unicorns.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jeff H</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3267</link>
		<dc:creator>Jeff H</dc:creator>
		<pubDate>Thu, 16 Jun 2011 15:09:03 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3267</guid>
		<description><![CDATA[Mountain meet mole hill. All I was saying was to tax dividends at the standard income rate.

Simple, yes? Fair, yes? 

What is unfair is to take an entrepreneur who doesn&#039;t have a big enough company to set up the outlandish conditions the tax code in the Bush tax cuts set up for dividend income.]]></description>
		<content:encoded><![CDATA[<p>Mountain meet mole hill. All I was saying was to tax dividends at the standard income rate.</p>
<p>Simple, yes? Fair, yes? </p>
<p>What is unfair is to take an entrepreneur who doesn&#8217;t have a big enough company to set up the outlandish conditions the tax code in the Bush tax cuts set up for dividend income.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Maria</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3254</link>
		<dc:creator>Maria</dc:creator>
		<pubDate>Thu, 16 Jun 2011 14:16:37 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3254</guid>
		<description><![CDATA[Yes, Kevin,  If the DATA supported it.  The flaw in your argument is that there is no &#039;there, there&#039;.  If my son came to me and could show me data and research that substantiated his argument I would raise his allowance and fire the teacher -- because clearly he is a genius.  I would then have to hire a qualified teacher -- most likely for a higher salary, because you get what you pay for.]]></description>
		<content:encoded><![CDATA[<p>Yes, Kevin,  If the DATA supported it.  The flaw in your argument is that there is no &#8216;there, there&#8217;.  If my son came to me and could show me data and research that substantiated his argument I would raise his allowance and fire the teacher &#8212; because clearly he is a genius.  I would then have to hire a qualified teacher &#8212; most likely for a higher salary, because you get what you pay for.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Emanuel T. II</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3189</link>
		<dc:creator>Emanuel T. II</dc:creator>
		<pubDate>Thu, 16 Jun 2011 01:21:45 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3189</guid>
		<description><![CDATA[Dr. Jared Bernstein, what economic conditions do you believe are necessary to &quot;reboot&quot; or renew an economy, through a balance of top down and bottom up policies?

While you prove through the statistics that demand is the greatest concern, how do you believe that the issue of taxes should be tackled? The current GOP argument concerning a requirement of lower taxes on all segments is an aspirational goal that I feel carries historical weight.

What fundamental discussions do you believe underlie the struggle to create an effective economic solution? Do you think there are policies in place that were put in place during crisis situations and never reassessed or policies that never saw much public scrutiny?]]></description>
		<content:encoded><![CDATA[<p>Dr. Jared Bernstein, what economic conditions do you believe are necessary to &#8220;reboot&#8221; or renew an economy, through a balance of top down and bottom up policies?</p>
<p>While you prove through the statistics that demand is the greatest concern, how do you believe that the issue of taxes should be tackled? The current GOP argument concerning a requirement of lower taxes on all segments is an aspirational goal that I feel carries historical weight.</p>
<p>What fundamental discussions do you believe underlie the struggle to create an effective economic solution? Do you think there are policies in place that were put in place during crisis situations and never reassessed or policies that never saw much public scrutiny?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Chris</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3188</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Thu, 16 Jun 2011 01:19:27 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3188</guid>
		<description><![CDATA[I&#039;ve seen this survey linked a couple of places, but no one has mentioned what o think is the most visible increase in regulation/enforcement over the last few years: illegal immigration. Between the significant increase in enforcement activities by the Obama administration and the passage of strict rules on businesses verifying citizenship in Arizona and Georgia (and potentially more to come), businesses that rely on illegal immigrant labor are potentially very worried about the implications.]]></description>
		<content:encoded><![CDATA[<p>I&#8217;ve seen this survey linked a couple of places, but no one has mentioned what o think is the most visible increase in regulation/enforcement over the last few years: illegal immigration. Between the significant increase in enforcement activities by the Obama administration and the passage of strict rules on businesses verifying citizenship in Arizona and Georgia (and potentially more to come), businesses that rely on illegal immigrant labor are potentially very worried about the implications.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Emanuel T. II</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3184</link>
		<dc:creator>Emanuel T. II</dc:creator>
		<pubDate>Thu, 16 Jun 2011 00:48:06 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3184</guid>
		<description><![CDATA[As a small business owner, do you believe that the majority of small businesses in the United States are currently unable to capitalize on technological innovation? Do you believe existing small businesses have adapted to globalization?

For me, as an engineer, this question is key, do you believe that university patents and laboratory/research institute patents have trickled down in some meaningful way that allows small businesses to capitalize on the knowledge, i.e. utilize the patent, alter the laboratory innovation and patent their own creation?

The reason I ask these questions is because you raised the primary concern of demand.  And I am wondering if there is enough information traveling into the small business pipeline in every section of the country, not just silicon valley, Harvard Business School networks, and other &quot;elite&quot; areas.  Because the more choice the more entrepreneurship can occur and the more small businesses can capitalize and generate demand.]]></description>
		<content:encoded><![CDATA[<p>As a small business owner, do you believe that the majority of small businesses in the United States are currently unable to capitalize on technological innovation? Do you believe existing small businesses have adapted to globalization?</p>
<p>For me, as an engineer, this question is key, do you believe that university patents and laboratory/research institute patents have trickled down in some meaningful way that allows small businesses to capitalize on the knowledge, i.e. utilize the patent, alter the laboratory innovation and patent their own creation?</p>
<p>The reason I ask these questions is because you raised the primary concern of demand.  And I am wondering if there is enough information traveling into the small business pipeline in every section of the country, not just silicon valley, Harvard Business School networks, and other &#8220;elite&#8221; areas.  Because the more choice the more entrepreneurship can occur and the more small businesses can capitalize and generate demand.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Emanuel T. II</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3181</link>
		<dc:creator>Emanuel T. II</dc:creator>
		<pubDate>Thu, 16 Jun 2011 00:12:08 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3181</guid>
		<description><![CDATA[I know that answering a question with a question is quite annoying but here it is.

Mathematics may state the the solution is as simple as &quot;Raise Taxes,&quot; but since human existence is not simply subject to mathematics &amp; logic but to perception then how do you deal with the perception of &quot;you are taking my money?&quot;

Unless I missed the discussion, has there been a national discussion on &quot;the usefulness or purpose of taxes?&quot; There are some defacto responses:

1. government will pay for infrastructure, provide an educational system, different programs
2. ensure the national defense
3,4,5, etc.

The primary issue is the etc. What else is the government using my money for? What if as a business person I don&#039;t agree to the way it is used?

And while I admit the government relationship with &quot;The Titans of Industry&quot; is historically tricky because of the number of times that various industries have been invested in by government and then never asked to deliver a literal ROI in the form of a check these businesses do have some legitimate right to say to the government: &quot;Hey, equal tax levels no matter income, that&#039;s cool!&quot;

Why do I say that? Well my sense of optimism and faith states that there should be a recognition that no matter how talented an entrepreneur you are, society through the means of providing employees to your business, infrastructure, and atmosphere allows for business expansion.  Admittedly, it is an entrepreneurs hard work that ultimately takes advantage of situations, capitalizes on new resources, and wisely invests in various segments.  Ultimately, an entrepreneur may create a multi-billion dollar business from a small business. However, all those societal pieces were present to assist in that multi-billion dollar growth.  As a result there should be a natural incentive to invest in the communities that have supported the company&#039;s growth, depending on how far the business expands.

Now, if non of the communities are desolate, are B+ to A communities in terms of quality of life, well then why should any money come out of the pockets of those entrepreneurs who took the risk and capitalized.

Now on the other hand if the communities that are a part of your business look like Detroit, Oakland, various towns in the Mid West, Youngstown, sections of NYC, and other cities, then what is a company&#039;s responsibility.  The phrase that seems applicable is &quot;with great power comes great responsibility.&quot;

What I would call the artificial economic mechanism imposed on society by a democratic government to create bonds and responsibility is taxes.  And in a word higher taxes for wealthier members of society is a device to follow through on the above quotation. 

#1 the problem with any artificial system is that it does not deal with the root of the problem.

#2 the root of the problem here is, does business have any &quot;social&quot; or rather any responsibility to society at all other than the creation of money?]]></description>
		<content:encoded><![CDATA[<p>I know that answering a question with a question is quite annoying but here it is.</p>
<p>Mathematics may state the the solution is as simple as &#8220;Raise Taxes,&#8221; but since human existence is not simply subject to mathematics &amp; logic but to perception then how do you deal with the perception of &#8220;you are taking my money?&#8221;</p>
<p>Unless I missed the discussion, has there been a national discussion on &#8220;the usefulness or purpose of taxes?&#8221; There are some defacto responses:</p>
<p>1. government will pay for infrastructure, provide an educational system, different programs<br />
2. ensure the national defense<br />
3,4,5, etc.</p>
<p>The primary issue is the etc. What else is the government using my money for? What if as a business person I don&#8217;t agree to the way it is used?</p>
<p>And while I admit the government relationship with &#8220;The Titans of Industry&#8221; is historically tricky because of the number of times that various industries have been invested in by government and then never asked to deliver a literal ROI in the form of a check these businesses do have some legitimate right to say to the government: &#8220;Hey, equal tax levels no matter income, that&#8217;s cool!&#8221;</p>
<p>Why do I say that? Well my sense of optimism and faith states that there should be a recognition that no matter how talented an entrepreneur you are, society through the means of providing employees to your business, infrastructure, and atmosphere allows for business expansion.  Admittedly, it is an entrepreneurs hard work that ultimately takes advantage of situations, capitalizes on new resources, and wisely invests in various segments.  Ultimately, an entrepreneur may create a multi-billion dollar business from a small business. However, all those societal pieces were present to assist in that multi-billion dollar growth.  As a result there should be a natural incentive to invest in the communities that have supported the company&#8217;s growth, depending on how far the business expands.</p>
<p>Now, if non of the communities are desolate, are B+ to A communities in terms of quality of life, well then why should any money come out of the pockets of those entrepreneurs who took the risk and capitalized.</p>
<p>Now on the other hand if the communities that are a part of your business look like Detroit, Oakland, various towns in the Mid West, Youngstown, sections of NYC, and other cities, then what is a company&#8217;s responsibility.  The phrase that seems applicable is &#8220;with great power comes great responsibility.&#8221;</p>
<p>What I would call the artificial economic mechanism imposed on society by a democratic government to create bonds and responsibility is taxes.  And in a word higher taxes for wealthier members of society is a device to follow through on the above quotation. </p>
<p>#1 the problem with any artificial system is that it does not deal with the root of the problem.</p>
<p>#2 the root of the problem here is, does business have any &#8220;social&#8221; or rather any responsibility to society at all other than the creation of money?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: jonathan</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3134</link>
		<dc:creator>jonathan</dc:creator>
		<pubDate>Wed, 15 Jun 2011 19:09:01 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3134</guid>
		<description><![CDATA[Isn&#039;t one definition of insanity doing the same thing and expecting different results? I see two examples. The first is obvious, expecting belief to function as sound economic policy because facts don&#039;t bend to fit your beliefs and the more you willfully misconstrue the greater the gap grows between your beliefs and reality. The second may be less obvious: expecting believers to accept facts.]]></description>
		<content:encoded><![CDATA[<p>Isn&#8217;t one definition of insanity doing the same thing and expecting different results? I see two examples. The first is obvious, expecting belief to function as sound economic policy because facts don&#8217;t bend to fit your beliefs and the more you willfully misconstrue the greater the gap grows between your beliefs and reality. The second may be less obvious: expecting believers to accept facts.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jeff H</title>
		<link>http://jaredbernsteinblog.com/whats-your-problem/#comment-3113</link>
		<dc:creator>Jeff H</dc:creator>
		<pubDate>Wed, 15 Jun 2011 14:29:42 +0000</pubDate>
		<guid isPermaLink="false">http://jaredbernsteinblog.com/?p=617#comment-3113</guid>
		<description><![CDATA[Q: How do you get corporations to spend their money.
A: Raise taxes. They won&#039;t pay it, they will instead invest the money in a tax reducing way. Oh, and don&#039;t forget to block the exits, as in treat dividends just like any other revenue.]]></description>
		<content:encoded><![CDATA[<p>Q: How do you get corporations to spend their money.<br />
A: Raise taxes. They won&#8217;t pay it, they will instead invest the money in a tax reducing way. Oh, and don&#8217;t forget to block the exits, as in treat dividends just like any other revenue.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
