That illusion will only be dispelled by famine disease and war. This is how economies work. War is the economy. War has been the economy for ten thousand years. Peace is only preparation for more war.
financial collapse
- Thread starter Stretch
- Start date
That illusion will only be dispelled by famine disease and war. This is how economies work. War is the economy. War has been the economy for ten thousand years. Peace is only preparation for more war.
Did I miss a news report saying the Canadian economy has been destroyed? Most of us in this neighbourhood are still eating 3 times a day! :smile:
Ayn Rand and her flunkies spouting "greed is good" is where to look to when it comes to economic down turn. Greedspan was boinking her.
Wonder what politician would have the guts to force an idea like that to become law overnight. It is an answer and it would work, but I don't think the majority would support it. Something like that would have to be eased into the tax base, and it will be a generation or two before we see results.
No question about it, it would be.
What have we learned in 2,064 years?
"The budget should be balanced, the Treasury should be refilled,
public debt should be reduced, the arrogance of officialdom should be
tempered and controlled, and the assistance to foreign lands should
be curtailed lest Rome become bankrupt. People must again learn to
work, instead of living on public assistance."
- Cicero - 55 BC
So evidently nothing.
All depends on how much money is involved.
Only if we were to lower government spending at the same time to keep a balanced budget. Be simpler to eradicate a mountain with an eye dropper.
Harper is a "progrressive socialist" so spending won't change at all.
They used to excuse that lower corporate taxes will stimulate the business economy and the same will be said for the domestic economy when taxes are axed, if they are axed.
The crap about trickle down is crap. Those who have money don't go running out spending money on things they already have. It's time the bottom got the break so they can spend and stimulate the economy. A 10% reduction in taxes is like everyone getting a 10% raise. That is what makes an economy hum.
They used to excuse that lower corporate taxes will stimulate the business economy and the same will be said for the domestic economy when taxes are axed, if they are axed.
The crap about trickle down is crap. Those who have money don't go running out spending money on things they already have. It's time the bottom got the break so they can spend and stimulate the economy. A 10% reduction in taxes is like everyone getting a 10% raise. That is what makes an economy hum.
It won't "fly", Petros, most people want "government" to do everything for them, if you think the screaming about lack of healthcare is noisy now, it will be bedlam after a 10% tax cut.
....
Debt crisis triggers emergency talks
Debt crisis triggers emergency talks - Business - CBC News
......the moment the world stood still??
Debt crisis triggers emergency talks
Debt crisis triggers emergency talks - Business - CBC News
......the moment the world stood still??
I'd like to see it work as much as anyone but I hae me doots!
It would be interesting to see solid figures on who killed how many from 2003 to 2008..............probably the Sunnis killing the ****ties! :lol:
Entirely different financial situation than the 60s, Petros. Like I said earlier I think selling hot dogs on the White House lawn is the answer. A permanent hot dog stand that would create employment and the price would be by donation to clear the debt. Better still set one up in the capital city of all 50 states. :lol:
Why is different than the 60's? A dead economy is a dead economy. If people can't spend there is no economy. It's very simple.