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To: Marie
you're assuming that merchants will pass savings along when they rarely do. you're assuming that free market capitalism will drive prices down when it rarely does. you're assuming that deflation will come without consequences when it never does. You assume that a consumption based system of taxation won't stall production and result in unemployment when it always does.

Every CEO says the reason they’re not hiring is because they’re not seeing demand,” says Rachelle Bernstein, a vice president and tax counsel at the National Retail Federation, a lobbying group, in Washington. "An additional tax on consumer spending will negatively impact that already weak demand.

you assume too much

136 posted on 10/17/2011 12:44:50 AM PDT by RC one (Voting isn't a simple act of civic duty anymore, it's a complex act of civil war.)
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To: RC one

“you’re assuming that free market capitalism will drive prices down when it rarely does”

I’ve been the only person shopping for my family for four for more than two decades and I’ve seen prices drop.

It’s such a common thing that it’s normal to wait a year or two after new electronics come out because they’ll be 1/3rd of what they started out as.

I’ve seen chicken drop by more than a dollar a pound within a couple of weeks and stay there for months. Coffee, milk, clothes.

Last year I spent $10 per t-shirt at walmart. Last month I went to Walmart and bought the exact same t-shirt (same brand and size) for $6 each.

Yes, sir. Prices do go up and down.


140 posted on 10/17/2011 12:52:06 AM PDT by Marie (Cain 9s Have Teeth)
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