Posted on 01/07/2014 12:50:23 PM PST by SeekAndFind
Imports will cost a little more, but we will be making a lot more money and keeping a lot more money. There will be a 30% increase in the American workforce if we put the unemployed back to work (23%/77% = 30%). The offsetting individual income tax = $1500, which will pay for the increased cost of the imports.
But because 30% more Americans will be working, businesses will see volumes rise. Most of that money will be spent here.
Government would initially be revenue neutral as the decrease in income taxes offset the new tariff revenues. But then as people went back to work, gov't would see a huge increase in income tax receipts. And gov't would be paying out less for the unemployed. It's a win win, and it's the way to fix our budget problems and get out of debt.
Imports will cost a little more, but we will be making a lot more money and keeping a lot more money. There will be a 30% increase in the American workforce if we put the unemployed back to work (23%/77% = 30%). The offsetting individual income tax = $1500, which will pay for the increased cost of the imports.
But because 30% more Americans will be working, businesses will see volumes rise. Most of that money will be spent here.
Government would initially be revenue neutral as the decrease in income taxes offset the new tariff revenues. But then as people went back to work, gov't would see a huge increase in income tax receipts. And gov't would be paying out less for the unemployed. It's a win win, and it's the way to fix our budget problems and get out of debt.
If you subsidize unemployment you get more democrat voters. If you subsidize poverty you get more democrat voters. If you subsidize failure you get more democrat voters. If you subsidize perverts you get more democrat voters. If you subsidize crime you get more democrat voters.
It’s as simple as that.
I think that the records show most people on unemployment get a job about two weeks before their benefits run out. Which means they hold out as long as possible before taking maybe a job not as great as the one they lost.
We now have unemployment out to 2 years Like Newt said thats an AA degree.
Hahahahahahahaha....
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