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To: shrinkermd

I’ve got an idea for government : stop borrowing.


20 posted on 03/10/2008 7:01:18 PM PDT by mysterio
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To: mysterio
Brilliant! Yes, let's make sure we balance the budget or better still, have a big surplus for austerity's sake, just like Hoover and FDR called for, as the money supply is collapsing and the economy enters recession and the financial system is cratering with US notes so "on special" they have negative real interest rates.

Lord, spare us high school drop out economics...

21 posted on 03/10/2008 7:05:00 PM PDT by JasonC
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To: mysterio
If that was too snarky, my apologies, temper not on the longest fuse right now. Any rational political system, which I note we haven't got, would instead be asking -

(1) how low to cut the corporate tax rate
(2) how permanent to make all the existing tax cuts set to expire
(3) how to simplify the tax code rapidly
(4) what additional incentives can be given to net new business investment
(5) what regulatory relief can be given over new techs hung up in red tape
(6) what restrictions on energy resources can be lifted yesterday
(7) whether to abolish fuel taxes or only cut them 50%
(8) how many new ships the navy will need over 20 years and how many of them can be laid down in the next 4
(9) how many highly skilled people are standing in line at the doors waiting to get in, who needn't wait
(10) how many low skilled ones are crowding them out and displacing pressured domestic workers, and can wait
(11) what pretend "allies" haven't been doing anything for us lately
(12) how many new planes the AF needs and how many can be ordered right now
(13) how much capital transport infrastructure work can absorb and the worker supply for it released from slumping construction
(14) which financial institutions need to be merged or split yesterday to assign the losses once and for all and get it behind us
(15) how houses can be liquidated rapidly to get prices back to realistic levels and ownership into strong, steady hands
(16) how greater savings and financial risk taking can be encouraged, instead of demonised and punished
(17) how to shut down trial lawyers chasing the financial ambulance
(18) how to obliterate green luddism as a screamer we can't afford
(19) how to expedite approval for hundreds of new energy projects yesterday
(20) to hell with the cost.

But we do not have rational men in command, we have whiners and blame games and socialists and enemies determined to destroy capitalism and sow all the political division they can. And meet them with sophmoric thought, division and political confusion, backbiting and temper tantrums. It is all completely stupid and completely obscene.

32 posted on 03/10/2008 7:19:42 PM PDT by JasonC
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