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Recent content by iEconomist

  1. I

    U.S. Economy Grew Less-Than-Forecast 1.2% in Second Quarter

    and what do you mean, specifically?
  2. I

    Money stuff.

    On the issue of "everybody having office jobs": The flood of people now moving in to office jobs represents, in effect, an increase of the supply of labor for office jobs. The increased supply of labor, not being met with offsetting demand, will cause the wage of those workers to fall. Would it...
  3. I

    Money stuff.

    What is it about bank deposits you believe to be "basically imaginary?" I would push back on that to say that all forms of payment are basically imaginary. Money is not more "real?" than is the money in a checking account, or the tooth fairy, or gold for that matter. My point is that the role of...
  4. I

    This Is Not The Time For Stimulus Spending[W:279]

    Re: This Is Not The Time For Stimulus Spending Right, I understand that the government is always repairing roads. Strange isn't it? The way it never actually gets completed but they're always working on it. I don't mean that as some sort of political jab. I mean that in my current thought...
  5. I

    "Is the U.S. Due for Radically Raising Taxes for the Rich?"

    We do need more political parties, I couldn't agree more. Similar to clean energy in a way, the initial cost of instituting the either system is difficult in the short run but has long term rewards far in excess of initial inefficiency. I also agree with you in the case of entrepreneurs. I see...
  6. I

    "Is the U.S. Due for Radically Raising Taxes for the Rich?"

    The issue to those who are not the wealthy, who want the wealthy to pay more in taxes, are not motivated a desire to see the rich be made worse off. The issue to the people who believe the rich should pay more in taxes want a level playing field where the rich don't get to avoid paying taxes...
  7. I

    "Is the U.S. Due for Radically Raising Taxes for the Rich?"

    The issue to those who are not the wealthy, who want the wealthy to pay more in taxes, are not motivated a desire to see the rich be made worse off. The issue to the people who believe the rich should pay more in taxes want a level playing field where the rich don't get to avoid paying taxes...
  8. I

    How long before the market crashes?

    It has recovered every time, the crash at the time of The Great Depression was not excluded.
  9. I

    How long before the market crashes?

    Inflation has been a low threat for a while. I see no reason to believe it will accelerate abnormally. My first prescription to achieve higher inflation to spark a reason to raise rates would be a large tax cut for the middle class that increases disposable income which resulted in increased...
  10. I

    "Is the U.S. Due for Radically Raising Taxes for the Rich?"

    There is no reason to believe hard work produces more income to infinity, there is certainly a point of diminishing return. I would like to also state explicitly the point that the rich have not had it very hard as described by the attached chart. The rich have been rewarded for what they've...
  11. I

    "Is the U.S. Due for Radically Raising Taxes for the Rich?"

    It is indeed his business as well as it is your business and mine how tax dollars are allocated, sir.
  12. I

    "Is the U.S. Due for Radically Raising Taxes for the Rich?"

    I think she knows the inequality exists and knows wealthy individuals refusal to pay taxes plays a factor, and to some degree she would like to raise taxes on the wealthy, after all they do owe more in taxes than they've paid historically thanks to their ability to avoid taxes, two examples are...
  13. I

    This Is Not The Time For Stimulus Spending[W:279]

    Re: This Is Not The Time For Stimulus Spending Employing labor to improve infrastructure will have short term benefits of increased income, (side note: which is good for businesses because they can sell goods to a greater market). But to look back at it and say that it has failed miserably...
  14. I

    This Is Not The Time For Stimulus Spending[W:279]

    Re: This Is Not The Time For Stimulus Spending Employing labor to improve infrastructure will have short term benefits of increased income, (side note: which is good for businesses because they can sell goods to a greater market). But to look back at it and say that it has failed miserably...
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