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Old 03-16-2010, 03:48 PM
 
1,842 posts, read 1,707,968 times
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Quote:
Originally Posted by 70Ford View Post
Gotcha. Stimulate the economy by putting a lot of money into savings. And pay down that national debt while making even more national debt.

SEE JAPAN.
Japan has high savings already we have very low savings. apples and oranges.
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Old 04-14-2010, 11:31 AM
 
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Quote:
Originally Posted by 70Ford View Post

Gotcha. Stimulate the economy by putting a lot of money into savings. And pay down that national debt while making even more national debt.

SEE JAPAN.
Putting a lot of money into saving will tend to lead to a lot of loaning out of money and that will stimulate the economy. It will also tend to balance the trade deficit.
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Old 04-14-2010, 11:48 AM
 
48,502 posts, read 96,838,702 times
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People sve because they lack confidence in the ecomy as to invest in it. Thisis no diffeence than the 70's recession which took so mnay out of the markets for a generation.That is what caused so mnay then to actually move inot small business then. The best thing the governamnt can do for jobs is to make the economy clear to those with money by having stable policies. Until then we will just float along with individauls saving and companies keeping the bottomline under cost restraints.The national debt is just one unstblizing fact making pweople hold onto waelth and noit risk it seeing futre taxes coming.
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Old 04-15-2010, 06:34 PM
 
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Quote:
Originally Posted by texdav View Post
People sve because they lack confidence in the ecomy as to invest in it. Thisis no diffeence than the 70's recession which took so mnay out of the markets for a generation.That is what caused so mnay then to actually move inot small business then. The best thing the governamnt can do for jobs is to make the economy clear to those with money by having stable policies. Until then we will just float along with individauls saving and companies keeping the bottomline under cost restraints.The national debt is just one unstblizing fact making pweople hold onto waelth and noit risk it seeing futre taxes coming.
We need more savings in the US
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Old 04-15-2010, 06:53 PM
 
Location: Columbus
4,877 posts, read 4,506,750 times
Reputation: 1450
We could fix the economy overnight if we got rid of this stuff:

The high minimum wage that knocks out the first several rungs from the bottom of the ladder.

The laws that threaten employers with lawsuits if they fire someone.

The high payroll taxes that robs employees and employers of scarce resources.

The laws that establish all kinds of rules for hiring instead of just asking the most important question; Can this person do the job?

Unemployment insurance and other government programs that pay people not to work.

The high cost of new business start-ups in the form of taxes and regulations.

The mandated benefits employers are forced to cough up every time they hire a new employee.

The withholding tax that prohibits the employer and employee from cutting their own deal.

Age restrictions that treat everyone under 16 as useless.

Social Security and income taxes that devour nearly half of contract income.

The labor union laws that allow thugs to steal from compnies and keep out workers that are willing to offer their services to the employer.


If we did that we would have 100% employment in a matter of days. Anyone that wanted to work could find a job.
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Old 04-15-2010, 07:14 PM
 
1,842 posts, read 1,707,968 times
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editted the post originally made here and put it lower down sorry.

Last edited by newonecoming; 04-15-2010 at 07:30 PM.. Reason: fixing a big long post. got the quots and end quots mixed up
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Old 04-15-2010, 07:14 PM
 
Location: Columbus
4,877 posts, read 4,506,750 times
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My plan would free up money.

That's the entire point.
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Old 04-15-2010, 07:26 PM
 
1,842 posts, read 1,707,968 times
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Quote:
Originally Posted by OhioIstheBest View Post
We could fix the economy overnight if we got rid of this stuff:

The high minimum wage that knocks out the first several rungs from the bottom of the ladder.
Historically the current minimum wage is low
Quote:
Originally Posted by OhioIstheBest View Post
The laws that threaten employers with lawsuits if they fire someone.
you may have a point here.
Quote:
Originally Posted by OhioIstheBest View Post
The high payroll taxes that robs employees and employers of scarce resources.
The reason resources are scarce is the collapsing debt bubble. Printing money and giving it to everyone would directly address this problem.
Quote:
Originally Posted by OhioIstheBest View Post
The laws that establish all kinds of rules for hiring instead of just asking the most important question; Can this person do the job?
Well we need to dump the current bureaucracy and start over.
Quote:
Originally Posted by OhioIstheBest View Post
Unemployment insurance and other government programs that pay people not to work.
The emergency unemployment extensions would not be needed if there were jobs to do.
Quote:
Originally Posted by OhioIstheBest View Post
The high cost of new business start-ups in the form of taxes and regulations.
This is how the monied few keep their strangle hold on the wealth in America do you really want to do something about it?
Quote:
Originally Posted by OhioIstheBest View Post
The mandated benefits employers are forced to cough up every time they hire a new employee.
Guess what that is the nature of the game going back to the good old days when that wasn't the case would be all nice and fine but...
Quote:
Originally Posted by OhioIstheBest View Post
The withholding tax that prohibits the employer and employee from cutting their own deal.
Labor laws are there to keep people from getting exploited. And they are a big part of what made America rich.
Quote:
Originally Posted by OhioIstheBest View Post
Age restrictions that treat everyone under 16 as useless.
Are you advocating child labor?
Quote:
Originally Posted by OhioIstheBest View Post
Social Security and income taxes that devour nearly half of contract income.
reducing the cost of government is high on my priority list that will allow a reduction in taxes.
Quote:
Originally Posted by OhioIstheBest View Post
The labor union laws that allow thugs to steal from compnies and keep out workers that are willing to offer their services to the employer.
Unions and the high wages that came with then are part of what made America rich. You are quit effectively arguing for wealth redistribution from the middle class to the rich. The end of this game is violent revolution. Do you want to go there?
Quote:
Originally Posted by OhioIstheBest View Post
If we did that we would have 100% employment in a matter of days. Anyone that wanted to work could find a job.
Not really. The reason that people are out of work is the lack of money in the consumer economy. QE Quantitative Easing Is doing something about this but it is doing it in the form of increased debt and high debt is a big part of the problem.
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Old 04-15-2010, 07:28 PM
 
1,842 posts, read 1,707,968 times
Reputation: 169
Quote:
Originally Posted by OhioIstheBest View Post
My plan would free up money.

That's the entire point.
Your plan would allow the monied few to treat America like they are treating China and India. My plan would dump the money into the pockets of everyone now and that would make the economy fow much better.
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