Posted on 06/04/2011 8:09:55 AM PDT by TigerLikesRooster
And if we don’t like it “we should not make as much money.”
The economy will not recover until all the harm that Obama has been reversed.
Paul Revere did not have such doubts.
Buck it up. Don’t worry about the media.
The ‘pre-recession’ lifestyle was simply borrowed money. If you count the interest on the assets, there was nothing gained.
It’s not the media I’m worried about; it’s the majority of idiots that parrot what they say.
The same people, said the same things, about Ronald Reagan.
For the same reasons. They know she communicates more effectively than they do.
Just as Reagan did... Don’t doubt. Don’t hesitate - that is what the left wants. Seize the agenda.
Now is our turn.
POLITICIANS, CAN YOU HEAR IT NOW?
We're talking 15,000,000 jobs. See your party's Politician, ask him if an election placebo would be right for you. Green jobs, tax cuts and another small business pizza shop won't cut it.
“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.”
Zero sees himself as the dictator.
Thomas Jefferson
Count me in the 10% pile.
To increase aggregate demand one needs to decrease taxation, increase the productivity of labor which increases production, which increases supply, which itself increases demand (Say's law),increase capital accumulation, and increase savings and investment.Trying to increase demand with an inflationary stimulus is like taking an addictive stimulating drug which requires increased doses to get the same effect and which causes a crash when it is discontinued.
sorry, I am on medication from my surgery
Economically it will take at least a generation to recover unless you want to donate your income at 100% for a year to clean it up.
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Sorry FRiend but the government could confiscate the wealth of every producer and it still would not be enough to clean this mess up. This hole is so deep that there is no way we could tax our way out of it. The real danger now is that it is probably impossible to “grow” our way out of it with our true debt obligations and current system. We knew this long before the current administration but their reckless decisions have greatly sped up the crash that has been inevitable since progressivism creeped into our society early last century.
The founding fathers warned us and once again, they were right!
sorry, I am on medication from my surgery
My best wishes for a swift recovery. What was it, the IRS performing a billfold-ectomy on you?
At the rate that Obama & the Fed are debasing the currency it might not be possible to emerge from this “Recession” using the same tried & true methods. We simply don’t have the ability to borrow if the dollar ceases to be the world’s reserve currency.
Obama’s borrowing spree to bailout his friends is certainly to blame for drawing out this economic malaise. That & the hazy picture presented by Obamacare.
People need to remember that the Depression didn’t really kick-in until a few years after the 1929 Stock Market crash. IOW’s Hoover AND FDR’s policies made things much, much worse than they ever had to be.
Yeah. Heard it all before. Even the president said as much. Then Ronald Wilson Reagan showed up and turned everything around.
We Americans screw ourselves and this economy everyday we go to work and don’t actually work.
“Go Galt,” while the QE continues to flow in squirts. The debt regime is buying time for you to do that. Spend little, become more independent, and practice a hobby of manufacturing something useful. There’s no large manufacturing base to generate sustainable revenues for big government. Let’s proceed to default.
Big government cannot survive on worthless, inflated revenues, either, BTW.
Certainly the US will not recover economicaly in my lifetime and if heaven forbid Obama is re-elected the US will in many ways come to resemble East Germany.
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