Hmmmm
1 posted on
09/07/2010 10:31:48 AM PDT by
Nachum
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To: Nachum
So they write off 100% this year. What happens next year when they have no deductions at all?
To: Nachum
The stuff business will buy from China?
28 posted on
09/07/2010 11:13:45 AM PDT by
ex-snook
("Above all things, truth beareth away the victory")
To: Nachum
not a bad concept, but he is talking about a short duration “quick hit” of capital spending. Will only shift future purchases ahead in the calendar and leave us twice as slow down the road, just like Cash for Clunkers and the homebuyer credit.
To: Nachum
At the same time he is proposing a $50 billion "infrastructure" infusion and "help" for underwater mortgages.
This mixed-bag effort is garbage.
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