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Classic Obama double-speak
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Ok, you can't say on one hand your #1 priority is "jobs and growth" and on the other hand talk about raising taxes on business. For the economically challenged, raising taxes on businesses raises the cost of doing business which does not spur job creation nor growth of the economy. I swear listening to this Admin and his party makes me feel like I took a handfull of crazy pills sometimes. |
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#76 |
Bucs, Pats, Noles
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Well I did mention Bernanke earlier. He's definitely a big part of the problem. But that allows the spending to continue unabated too.
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#77 | ||
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No, I said it was stupid to say you want to create jobs then say you want to hike taxes on businesses. It's counter-productive.
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#78 | |||
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WHY? WHY is he part of the problem? How has he allowed the spending to continue?
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#79 | ||
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Come on BEP...I know you can get this....
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#80 |
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#81 |
Bucs, Pats, Noles
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The increase in the money supply means that is money to spend. That allows the govt to spend and to pay back with cheaper dollars. It allows them to avoid using taxes alone to fund the govt or there would have been a taxpayer revolution a looooong time ago. Unfortunately, it debauches our currency. It leads to a bubble which will bust even worse than last time. If the economy should pick up more, then we'd see double digit (perhaps worse inflation).
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#82 |
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#83 |
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#84 | |||
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What did Clinton have and Bush destroy and Obama finish what Bush started???
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#85 | ||
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#86 |
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#89 |
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#90 | ||
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No, because I want you to learn something of value. But I will help you learn.
You understand what commodities are, correct? Oil, copper, natural gas, coffee, orang juice, pork bellies, etc.? Now ask yourself, who uses commodities? Answer: Everyone! Now for the fun part. Commodites are denominated in what currecncy? Answer: The US$ So now basic economics come into play What happens to say, the price of copper when the currency in which it is denominated loses value?
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