|
|
Post by driveshaftgrunt on May 22, 2012 15:47:17 GMT -5
|
|
|
|
Post by cal50 on May 22, 2012 15:52:41 GMT -5
|
|
|
|
Post by ktpelec on May 22, 2012 18:00:25 GMT -5
|
|
|
|
Post by cal50 on May 22, 2012 20:45:26 GMT -5
Now that's some funny shit. Quoting a progressive bloggers comments as fact? You do realize that the blogger is Roger Shuler and was fired with 19 years seniority from the University of Alabama. He has lots more free time to blog away..... |
|
|
|
Post by ktpelec on May 23, 2012 4:51:00 GMT -5
LOL. It's the Internet, you can find anything you want here, pro or anti about any subject!
No comment on the original post though.......
Every president in the last several decades has spent too much money, look it up yourself the data is there.
The pathetic thing is all the emphasis being put on the common American about reducing this huge debt, if the entire debt was to be somehow erased tomorrow, do you think our gas would be cheaper? Groceries, rent, commodities of any kind? Would Ford suddenly give us a raise? The corporate world would profit greatly, the American middle class worker though, we would continue to support the 1% everyday the rest of our lives.....
|
|
|
|
Post by marcus on May 23, 2012 10:39:37 GMT -5
Yes if we had no debt our dollar would be worth more.Things would be cheaper
|
|
|
|
Post by marcus on May 23, 2012 10:45:28 GMT -5
The more our government puts us into debt the less power the dollar has.
|
|
|
|
Post by cal50 on May 23, 2012 11:30:23 GMT -5
Imagine if there was no debt and the taxes collected from the working was left in their pay checks to spend by the worker instead of the government.
Same analogy by shrinking UAW numbers. If the dues were reduced becasue of smaller IUAW and spending the worker would have that to spend themselves .
The people taking our money never wants to reduce or end the steady income and day job they each enjoy.
|
|
|
|
Post by ktpelec on May 23, 2012 11:47:23 GMT -5
I don't believe it would reflect any change in consumers prices, the corporate world would still demand maximum profit from commodities.
|
|
|
|
Post by marcus on May 24, 2012 8:17:42 GMT -5
WOW
|
|
|
|
Post by ackspac on May 24, 2012 17:38:52 GMT -5
|
|
|
|
Post by ktpelec on May 24, 2012 19:22:17 GMT -5
I've always agreed that it will take a great effort from both sides, cut spending and raise revenue by increasing corporate and investment income taxes....
|
|
|
|
Post by driveshaftgrunt on May 26, 2012 9:56:39 GMT -5
Marcus, so far extra debt hasn't hurt the dollars value.
Look at govt. note yields, money supply and inflation data. Its not there...................yet...............
And FWIW, the value of the dollar is relative to other currencies, in that the Euro is going to take a hit, and the yen is holding onto some strength.
Remember, A STRONG DOLLAR is the PRIMARY reason its much cheaper to make cars in Korea, Japan and Mexico...........
As our fiat dollar got stronger, manufacturing jobs left........
|
|
