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That Fiscal Cliff

  • Snoopster
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07 Nov 2012 16:07 #110176 by Snoopster

Of course there will need to be some spending reductions.  I suspect quite a few federal social programs will get the chop.

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07 Nov 2012 16:08 #110177 by ketchim
Here's my economics thinking  :wink:

IF U generate Revenue ....Spending will be a Non Issue.

too simple ??

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  • Kwami
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07 Nov 2012 16:13 #110182 by Kwami
ACME  school of economics and hardware store .The same place that Wille E Coyote gets his supplies 

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07 Nov 2012 16:16 #110185 by ketchim
Again , once U are generating Revenue :

Spending is a non issue...

get the factories rolling in every sector :

Food, clothing , hardware , automobiles...

Get the Export market ....Flood Guyana with combine  ::lol::

get the drift ?

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  • Snoopster
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07 Nov 2012 16:18 #110187 by Snoopster

How does a gov't get the "revenue" without taxation Bro? ::lol::

Walk up to the cash register and take it? ::lol::

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  • Googley
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07 Nov 2012 16:20 #110189 by Googley

yes, i agree.

but how you generate revenue?  Someone has to buy your product! 
The 99% either don't have job or either working for less! 

they have to give the middle class a tax break!  put more money in their pockets!  Make up for it by taxing the 1%! 

what do middle class people do when they have money?  spend it!  this generate more demand, which creates jobs and so on...

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07 Nov 2012 16:22 #110192 by ketchim
Small Business as a Start.

they will grow into Big biz...

Hire your community labour force in Boonieville.

Pay em cheap.

Compete in international markets...

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  • Kwami
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07 Nov 2012 16:23 #110194 by Kwami
... spend it and create jobs in China

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  • Snoopster
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07 Nov 2012 16:23 #110195 by Snoopster
Ketch's doctoral thesis on fiscal responsibility. ::lol::

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  • Googley
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07 Nov 2012 16:24 #110196 by Googley
dem chinese people need food too, u know!  :cool:

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