4 things the goverment can do right now to make the US economy Roar

ElectricSavant · Jun 10, 2012

I cannot make a comment to the question/point about how far too look ahead as I do not remember☺..Hint: I took an economics course in community college over three decades ago that delt with this.

Maybe some "bungee cord economics majors" will post the perfect storm...

ES

Quote from oldtime:

well, it's all relative, especially time, wasn't that what Einstein said?

so, how far do you want to look ahead?

hey, just to the end of my life is cool with me

if you have kids (that you care about) your time horizon may be a bit longer

if you are trying to get re elected, your time horizon may be relatively short

oldtime · Jun 10, 2012

Quote from ElectricSavant:

I cannot answer the question/point about how far too look ahead as I do not remember☺..Hint: I took an economics course in community college over three decades ago that delt with this.

Maybe some "bungee cord economics majors" will post the perfect storm...

ES

three decades ago? Man you really were a savant weren't you? What happened?

"I don't know, he entered college when he was five and seemed to be doing just fine, then he got married and became I don't know, just sort of normal again."

badvestor · Jun 10, 2012

Any solution that does not par down the 1 Trillion in annual war spending is delusional. Surprises me how any individual can take to the streets complaining about little old ladies getting few hundred in supplementary support and completely ignore excessisve war spending.

ElectricSavant · Jun 10, 2012

what happened? I lost my mind.

but what do you think about the OP's four things?...or wait let me go review this thread...maybe you commented.

here it is...(wow you are busy!)
http://www.elitetrader.com/vb/showthread.php?s=&postid=3548711#post3548711

ES

Quote from oldtime:

three decades ago? Man you really were a savant weren't you? What happened?

"I don't know, he entered college when he was five and seemed to be doing just fine, then he got married and became I don't know, just sort of normal again."

jem · Jun 10, 2012

Quote from oldtime:

and it won't stop until the last private jet gets grounded and the last yacht gets skuttled

it could stop.
if we stopped the crazy spending, the crony capitalism, the lobbying and the personal income tax.

jem · Jun 10, 2012

Quote from badvestor:

Any solution that does not par down the 1 Trillion in annual war spending is delusional. Surprises me how any individual can take to the streets complaining about little old ladies getting few hundred in supplementary support and completely ignore excessisve war spending.

most libertarians and conservatives agree.

oldtime · Jun 10, 2012

Quote from ElectricSavant:

what happened? I lost my mind.

but what do you think about the OP's four things?...or wait let me go review this thread...maybe you commented.

here it is...(wow you are busy!)
http://www.elitetrader.com/vb/showthread.php?s=&postid=3548711#post3548711

ES

it aint easy, I start subscribing to threads on Friday night, and just keep posting bullshit all day Saturday, so I can have something to read on Sunday when I'm waiting for forex to open. I hold over the weekend, so you never know how the gap at 17:15 est is going to be. I suppose it's still cheaper than taking a junket to Las Vegas and putting it all on Red (or Black, that really is the question.)

ElectricSavant · Jun 10, 2012

I look forward to next weekend ☺ (There is an honest answer/comment).

I check the obituaries daily to make sure I am still alive.

Quote from oldtime:

it aint easy, I start subscribing to threads on Friday night, and just keep posting bullshit all day Saturday, so I can have something to read on Sunday when I'm waiting for forex to open. I hold over the weekend, so you never know how the gap at 17:15 est is going to be. I suppose it's still cheaper than taking a junket to Las Vegas and putting it all on Red (or Black, that really is the question.)

logic_man · Jun 10, 2012

Quote from jem:

The reason liberals can't take that deal is that the are a small minority of the country. They get votes by spending tax payer dollars to get votes to support their anti market ideas. The people getting the handouts would move to the libertarian places with market economies. Everyone knows liberals concepts destroy business and wealth creation. Even the liberals would'nt stay in liberalville. They go whereever the money is. Get elected by giving money away and then rot that area to the core. They are the neutron bombs of cities on the coasts and in manufacturing areas.

I know liberals would never go for it. I just like forcing them to put up or shut up.

toc · Jun 10, 2012

4 things US can do to roar the economy

a) slash the defense budget by another 20-50%. Savings $100 to $300B a year.

b) Reverse Bush era tax cuts on rich 5% group.

c) Increase the tax rates on corporations by even 1 to 2%. US corporations are sitting on 3T+ cash on the balance sheets, so it won't hurt them much

d) Install another 1 to 3% tarrifs on imported good from MFNs like China and Japan. Channel the revenues to new tax credits on middle and poor class via programs that would further help the economy in a chain reaction.