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Agree with him or don't, that's fine but it is intellectually lazy to simply dismiss any opinion that doesn't jibe with your views as being propaganda mouthpiece from the man.
When the tax cuts expire next year, once again the economy will tank. There are plenty of people talking about how this will affect the economy and how it is painting and much too optimistic picture of what is happening in 10'. The worst is yet to come according to many economist. Hang on tight!
The economy will recover when we have people in DC that know what they are doing.
A total croc since there are SOOOOOOOOOOOOOOOOO many giant loopholes
in the US tax code for the rich and multi-nats they pay no tax anyway,
Politicos know exactly what they are doing, what their corporate paymaster bid them do.
Exactly where we are headed and agree 100% "a bitter pill to swallow".
Hopefully more people will open their eyes and see what is in front of us.
No free lunch.
There certainly is a free lunch,every pres since Ronny has socialized corporate loss while all profit remains private, leaving the USA the most socialized country in world,albeit of the National Socialist variety rather than any Marxist model.
Will granny have to eat dog food to ensure its survival?
Of course.twas ever thus and ever will be.
There certainly is a free lunch,every pres since Ronny has socialized corporate loss while all profit remains private, leaving the USA the most socialized country in world,albeit of the National Socialist variety rather than any Marxist model.
Will granny have to eat dog food to ensure its survival?
Of course.twas ever thus and ever will be.
the free lunch comment was referring to all us peons, not the corporate world, and for us, no free lunch
we will pay and through the nose for all the corporate sins
We are in recovery. Slow, agonizingly so, but it's happening. Our economy has been so damaged in the last 4 years that hoping for a quick recovery is, to put it bluntly, pie in the sky.
Note about the author: Stephen J. Rose is a Research Professor at Georgetown University and author of Rebound: Why America Will Emerge Stronger From The Financial Crisis
Four reasons why the economy will roar back to life.
Do a thought experiment: Think back a year ago to what most analysts were predicting for the financial sector and for the state of the economy. In his newspaper column, Paul Krugman repeatedly warned that the policies adopted by the Bush and Obama administrations would have dire consequences. There was talk in other corners about no new business lending, slumping retail sales, and rising unemployment with no end in sight.
http://www.cleanmpg.com/photos/data/...entage-gdp.jpg Take a look at 1933 and take a look at today. We will not have a strong vigorous recovery. until the total debt is below 150% of GDP There is a crash coming and it is unavoidable. We are headed into a Bubble. This is not the same thing as strong economic growth. It will pop just like the last one did and the pop will be unrecoverable.
Wonder what bankster wrote that one. The economy is not going to "roar back to life". It will have a tepid at best recovery because there are no more bubbles for the banksters to blow up. The USA is in a permanent state of decline in both living standards and prestige. We are a mature economy that is losing our industrail base at an alarming rate. Kia cannot build enough car plants and Apple cannot sell enough Iphones to make the economy recover to what it once was.
its not the banks that are the problem here, it is the government. there are far too many regulations on business these days, and congress is piling on more just about everyday. the vast majority of these regulations do nothing but make congress feel like they are doing something good, and cost business tons of money. if we would slash the garbage regulations out of the US code, we could leave the tax rates alone and business would come roaring back. we need to encourage business to bring back our manufacturing base, and start making things in this country again, not just come up with the ideas and then let second and third world countries make the items.
Quote:
Originally Posted by BigCur
A total croc since there are SOOOOOOOOOOOOOOOOO many giant loopholes
in the US tax code for the rich and multi-nats they pay no tax anyway,
Politicos know exactly what they are doing, what their corporate paymaster bid them do.
one thing that far too many people forget is that business DOES NOT PAY TAXES!!! the people pay all the taxes in this country. raise taxes on the automakers and what happens? car prices go up. raise taxes on the phone companes and phones rates go up.
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. LOL. So much less insulting to say illogical and ahistorical (is that really a word?).
