I think you should move to America, where none of what you've said is happening...dstebbins said:I mean think about it. The deficit is clearly due in large part to the War on Terror, and with so many people in the National Guard getting called to Iraq, there are a lot less people at work, which hurts the economy. Despite the deficit, taxes are so high right now to pay fr the war that, even with my low wage right now, I'm paying around thirty per cent, and if income taxes are progressive, then that means rich people are paying upwards of fifty to sixty per cent.
So what I'm thinking is, if we remove our troops from Iraq, could we have the same economic boom that we had in the 90s?
cnredd said:I think you should move to America, where none of what you've said is happening...
FreeThinker said:LOL.
It must be awesome to be a mod and to a reverse dns lookup to see where people are posting from. I wonder how many people pretend to be in america just to bash it.
To the guy that made this thread: the economy is doing great. I just bought a new car. US soldiers get paid by the US gov't and spend most of their cash here (car payments, house payments, families). Most of the cash gets recycled back into our own economy anyway. If you want to complain about high taxes go yell at Clinton.
Messerschmitt said:I saw this and couldn't help but not throw in some economical Facts to back up cnredd. Right now our economy is actually doing too well: because when ever an economy is going strong inflation sets in and prices on everthing rise, to keep this from happening the government increases taxes to actually help the economy from growing too fast!
dstebbins said:I mean think about it. The deficit is clearly due in large part to the War on Terror, and with so many people in the National Guard getting called to Iraq, there are a lot less people at work, which hurts the economy. Despite the deficit, taxes are so high right now to pay fr the war that, even with my low wage right now, I'm paying around thirty per cent, and if income taxes are progressive, then that means rich people are paying upwards of fifty to sixty per cent.
So what I'm thinking is, if we remove our troops from Iraq, could we have the same economic boom that we had in the 90s?
Q: The financial press often states the definition of a recession as two consecutive quarters of decline in real GDP. How does that relate to the NBER's recession dating procedure?
A:: Most of the recessions identified by our procedures do consist of two or more quarters of declining real GDP, but not all of them. According to current data for 2001, the present recession falls into the general pattern, with three consecutive quarters of decline. Our procedure differs from the two-quarter rule in a number of ways. First, we consider the depth as well as the duration of the decline in economic activity. Recall that our definition includes the phrase, "a significant decline in economic activity." Second, we use a broader array of indicators than just real GDP. One reason for this is that the GDP data are subject to considerable revision. Third, we use monthly indicators to arrive at a monthly chronology.
Messerschmitt said:I saw this and couldn't help but not throw in some economical Facts to back up cnredd. Right now our economy is actually doing too well: because when ever an economy is going strong inflation sets in and prices on everthing rise, to keep this from happening the government increases taxes to actually help the economy from growing too fast!
dstebbins said:I mean think about it. The deficit is clearly due in large part to the War on Terror, and with so many people in the National Guard getting called to Iraq, there are a lot less people at work, which hurts the economy. Despite the deficit, taxes are so high right now to pay fr the war that, even with my low wage right now, I'm paying around thirty per cent, and if income taxes are progressive, then that means rich people are paying upwards of fifty to sixty per cent.
So what I'm thinking is, if we remove our troops from Iraq, could we have the same economic boom that we had in the 90s?
robin said:Recession, recession !
There's no recession in the arms industry. They donate $millions to politicians & make billions from arms sales as a kickback. That's a pretty good return on their investment. Can you wonder why WMD reports were sexed up.
dstebbins said:I mean think about it. The deficit is clearly due in large part to the War on Terror, and with so many people in the National Guard getting called to Iraq, there are a lot less people at work, which hurts the economy. Despite the deficit, taxes are so high right now to pay fr the war that, even with my low wage right now, I'm paying around thirty per cent, and if income taxes are progressive, then that means rich people are paying upwards of fifty to sixty per cent.
So what I'm thinking is, if we remove our troops from Iraq, could we have the same economic boom that we had in the 90s?
http://www.thirdworldtraveler.com/Corporate_Welfare/PentagonSpendingSpree.htmlalphieb said:No, I'm not real clear on what your saying? Who is they?
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