Opposition to Cain's 9-9-9 plan (Reed, black president, McCain, compare)

[BigJon3475]

Originally Posted by pommysmommy

To think that Greenspan was worse than any of the rest of them is absurd.

A standard explanation for the cause of inflation is "too much money chasing too few goods"

On a finite planet with a finite amount of homes you get a perfect uh oh storm with interest rates that are too low.

[t206]

Originally Posted by pommysmommy

To think that Greenspan was worse than any of the rest of them is absurd.

Well Geithner is atrocious, Volker was probably the most acceptable...but honestly my 3 year old nephew would be better than most....even he understands that with an unlimited supply of cookies, they would become worthless at some point.

[pommysmommy]

Originally Posted by BigJon3475

On a finite planet with a finite amount of homes you get a perfect uh oh storm with interest rates that are too low.

And his successors have continued the same.

[BigJon3475]

Originally Posted by pommysmommy

The fact that no one in the audience raised their hand, Mitt Romney terroritory, means that Cain got schooled? Um, no.

Think about it.

You raise the sales tax from ??7.75%?? to 9%?

You raise the income tax to 9% on those that have a negative tax rate?

And you decrease the capital gains tax to 9%?


It's not so simple of answer to say that would solve anything and as Michelle said, turn it upside down, you'll see the true mark of the beast.

I don't want any taxes raised. None. Maybe at some later date but not now.

[BigJon3475]

Originally Posted by pommysmommy

And his successors have continued the same.

They've indulged in it even worse...

You've got to know I'm a conservative by now but 9-9-9 isn't the plan to solve anything. It's a sales marketing tactic to make people think they're getting a pizza cheaper than $10 bucks.

[Katarina Witt]

Originally Posted by BigJon3475

I'm on your side... it's a tax increase on those that can least afford it.

???

I didn't understand what you meant. I thought you meant, don't attack the creator of this so-called "plan" b/c he only has a BS and zilch experience in public policy or economics. He's out of his league, just like Cain.

[pommysmommy]

Originally Posted by BigJon3475

Think about it.

You raise the sales tax from ??7.75%?? to 9%?

You raise the income tax to 9% on those that have a negative tax rate?

And you decrease the capital gains tax to 9%?


It's not so simple of answer to say that would solve anything and as Michelle said, turn it upside down, you'll see the true mark of the beast.

I don't want any taxes raised. None. Maybe at some later date but not now.

I feel like I am already suffering the mark of the beast under the moron Obama. I'll take my chance with Cain.

[BigJon3475]

Originally Posted by Katiana

I didn't understand what you meant. I thought you meant, don't attack the creator of this so-called "plan" b/c he only has a BS and zilch experience in public policy or economics. He's out of his league, just like Cain.

Well, I do take his experience in the FR fully. However, the 9-9-9 plan is a sales tactic from a business man. We sell apartments all day long for $999/month. The market value of them is $1,000.

[pommysmommy]

Originally Posted by BigJon3475

Well, I do take his experience in the FR fully. However, the 9-9-9 plan is a sales tactic from a business man. We sell apartments all day long for $999/month. The market value of them is $1,000.

Quite simplistic, erroneous, and not so witty interpretation of Cain's plan.

[Katarina Witt]

Originally Posted by pommysmommy

Quite simplistic, erroneous, and not so witty interpretation of Cain's plan.

I think BigJon is on to something. There's been a large body of research on selling things for 59c, 2.99, etc. It sounds like a bargain.

http://www.more-for-small-business.c...l-pricing.html

http://ezinearticles.com/?Is-Psychological-Pricing-an-Effective-Strategy?&id=1341535 (broken link)

http://en.wikipedia.org/wiki/Psychological_pricing