{"id":5030,"date":"2012-08-01T23:05:29","date_gmt":"2012-08-02T03:05:29","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5030"},"modified":"2012-08-01T23:05:29","modified_gmt":"2012-08-02T03:05:29","slug":"poles-apart-nytimes-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/01\/poles-apart-nytimes-com\/","title":{"rendered":"Poles Apart – NYTimes.com"},"content":{"rendered":"

I enjoyed this comment on the NYtimes<\/em> website by A Man from Poland<\/strong> in response to Paul Krugman’s criticism of Mitt Romney lavishing praise on the Polish economy. Especially because Krugman concludes: “Doesn\u2019t anyone tell Romney to do his homework?”<\/p>\n

Mr Krugman,<\/p>\n

I see that you don’t know too much about situation in Poland.<\/p>\n

Of course I agree that currency depreciation was one of main reasons of Poland\u2019s relative resilience in the crisis.<\/p>\n

But there were second very important reason – income tax cuts in 2008.<\/p>\n

In 2008, the first time from 10 years we had income tax cut in Poland.<\/p>\n

Till 2007 we had 19%, 30% and 40% progressive income tax rates. In 2008 19% tax rate was decreased to 18%, 30% was decreased to 18% and 40% tax rate (for the richest taxpayers) was reduced to 32%. So, we changed 19%-30%-40% progressive system into less progressive, lower income tax system 18%-32%.<\/p>\n

In 2008 there was also social security tax reduction which additionally decreased labour cost in Poland.<\/p>\n

So, thanks to income tax cuts and social security tax cuts we have maintained (roughly) employment rate and consumption level in Poland and it was second important reason of quite good situation in Poland.<\/em><\/p><\/blockquote>\n

via Poles Apart – NYTimes.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

I enjoyed this comment on the NYtimes website by A Man from Poland in response to Paul Krugman’s criticism of Mitt Romney lavishing praise on the Polish economy. Especially because Krugman concludes: “Doesn\u2019t anyone tell Romney to do his homework?” Mr Krugman, I see that you don’t know too much about situation in Poland. Of … <\/p>\n

Continue reading “Poles Apart – NYTimes.com”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,34],"tags":[2330,2615,2685],"class_list":["post-5030","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-mitt-romney","tag-paul-krugman","tag-poland"],"yoast_head":"\nPoles Apart - NYTimes.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Poles Apart - NYTimes.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"I enjoyed this comment on the NYtimes website by A Man from Poland in response to Paul Krugman’s criticism of Mitt Romney lavishing praise on the Polish economy. Especially because Krugman concludes: “Doesn\u2019t anyone tell Romney to do his homework?” Mr Krugman, I see that you don’t know too much about situation in Poland. 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Nobel prize-winning economist Joseph Stiglitz has been pushing such an idea for some time (along with Paul\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4547,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/05\/ron-paul-v-paul-krugman-austrian-v-keynesian\/","url_meta":{"origin":5030,"position":2},"title":"Ron Paul v. Paul Krugman: Austrian v. Keynesian","author":"Colin Twiggs","date":"June 5, 2012","format":false,"excerpt":"Aired on Bloomberg TV 4-30-2012 Ron Paul vs Paul Krugman Debate http:\/\/youtu.be\/WEoGKpnutyA Paul Krugman is simply wrong about needing the government to set interest rates. The market would do a better job of managing demand and supply. Where government is needed is to regulate the banks and prevent excessive debt\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/WEoGKpnutyA\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10672,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/22\/paul-krugman-hawks-crying-wolf-nytimes-com\/","url_meta":{"origin":5030,"position":3},"title":"Paul Krugman: Hawks Crying Wolf | NYTimes.com","author":"ColinTwiggs","date":"August 22, 2014","format":false,"excerpt":"According to a recent report in The Times, there is dissent at the Fed: \u201cAn increasingly vocal minority of Federal Reserve officials want the central bank to retreat more quickly\u201d from its easy-money policies, which they warn run the risk of causing inflation... ...The Times article singles out for special\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14540,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/11\/19\/source-trump-to-offer-mattis-romney-mnuchin-cabinet-jobs-the-daily-caller\/","url_meta":{"origin":5030,"position":4},"title":"Source: Trump To Offer Mattis, Romney, Mnuchin Cabinet Jobs | The Daily Caller","author":"ColinTwiggs","date":"November 19, 2016","format":false,"excerpt":"Donald Trump wants Gen. James Mattis to run the Department of Defense, Gov. Mitt Romney to run the State Department, and Steven Mnuchin to run the Treasury Department. That\u2019s according to a source with intimate knowledge of Trump\u2019s thinking. By Friday, Trump had narrowed down cabinet roles for Mattis to\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5214,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/11\/romneys-vp-paul-ryan-a-bold-choice-a-big-risk\/","url_meta":{"origin":5030,"position":5},"title":"Romney\u2019s VP: Paul Ryan\u2014A Bold Choice, a Big Risk","author":"Colin Twiggs","date":"August 11, 2012","format":false,"excerpt":"By JOSH BOAK, The Fiscal Times August 11, 2012 Bowing to pressure from the conservative wing of his party, Republican Mitt Romney has picked House Budget Committee Chairman Paul Ryan as his vice presidential running mate, and ensured that the congressman\u2019s controversial plan to transform Medicare into a voucher-type program\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=5030"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5030\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}