Will Obama's jobs plan improve the economy?

Quote from nutmeg:

If you've ever been in business, you'll have your own list much longer than this.

I can name a couple (might be small potatoes but it's a big deal to the taxing authorities).

If you collect sales tax, the privilege of being a bookkeeper for the state will cost you $50.

If you put a sign on your building, you will pay $ per sq ft to hang a sign.

This guy I know bought an existing business, the local gov't told him he had to plant 2 trees @ $150 each.

Wait till the fire marshall walks in unannounced and inspects your fire extinguishers and fines you for them being out of date or you have empty cardboard boxes laying around, your ass is grass. You think your mother in law is a pain in the ass wait'll till you get a visit from these guys.

Check out BID's (business improvement districts, esp nyc) some of these guys make 6 figures with your money to improve your business.

So true, so true. A business that I have an interest in has been fighting because the state has a regulation that contradicts with an OSHA regulation says and both inspectors are coming around at the same time. So far, we've been fined by both.
 
Quote from bullmarket79:

look I dont know what your worried about, the bush tax cuts state by the year 2011 our federal debts will be paid off,,we still got time for republican economic theories to work out, I voted for President Bush, so get on board, dont lose the faith in the laffer curve.

i thought you were kidding, then i realized you were not. Shocking.:( :( Looks like debt even doubled. Long believed trickle down to be a sham, it turns out to be true. Raise the taxes of the rich!:)
 
Quote from nutmeg:

If you've ever been in business, you'll have your own list much longer than this.

I can name a couple (might be small potatoes but it's a big deal to the taxing authorities).

If you collect sales tax, the privilege of being a bookkeeper for the state will cost you $50.

If you put a sign on your building, you will pay $ per sq ft to hang a sign.

This guy I know bought an existing business, the local gov't told him he had to plant 2 trees @ $150 each.

Wait till the fire marshall walks in unannounced and inspects your fire extinguishers and fines you for them being out of date or you have empty cardboard boxes laying around, your ass is grass. You think your mother in law is a pain in the ass wait'll till you get a visit from these guys.

Check out BID's (business improvement districts, esp nyc) some of these guys make 6 figures with your money to improve your business.
I'm sorry, my mistake, yes if you own a business you should certainly have the right to keep outdated (or none at all) fire extinguishers and piles of cardboard lying around.

Regulations are a hassle
 
Quote from nokomisjeff:

Read that Hazlitt pdf....seriously. Your nom de plume might be Oldtimer, but I really am an oldtimer, and this book helped me see the light when I was first starting out, and I suspect that it wouldn't hurt you or anyone for that matter.
ok noko, I read it. Man you must be a fast reader if you can do it in 2 hr. Took me two days.

I've been trading a long time and seen a lot of "new" ideas come and go but it alwyas gets down to basic classical trading.

I guess it's the same with economics.

Reading it now 60 yrs later, there are some examples where the author states, If you do this, this is what will occur" and you see those things occuring right now.

Also he discusses the usual suspect ideas to solve a problem and those are the same ideas being discussed today.

The one thing I'm still not clear on is what happens when like in a Monopoly game one player ends up with all the money.

But I guess it's a moot point since no country as deep in debt as the USA has ever survived without declaring bankruptcy.

At anyrate, thanks for the pdf, now I'll go chk out the fox 48% link
 
Quote from oldtime:

ok noko, I read it. Man you must be a fast reader if you can do it in 2 hr. Took me two days.

I've been trading a long time and seen a lot of "new" ideas come and go but it alwyas gets down to basic classical trading.

I guess it's the same with economics.

Reading it now 60 yrs later, there are some examples where the author states, If you do this, this is what will occur" and you see those things occuring right now.

Also he discusses the usual suspect ideas to solve a problem and those are the same ideas being discussed today.

The one thing I'm still not clear on is what happens when like in a Monopoly game one player ends up with all the money.

But I guess it's a moot point since no country as deep in debt as the USA has ever survived without declaring bankruptcy.

At anyrate, thanks for the pdf, now I'll go chk out the fox 48% link

How long is a long time for trading? I started out full time in the wheat pit in Aug, 1978, and some of my friends still call me a kid.
 
Quote from nokomisjeff:

How long is a long time for trading? I started out full time in the wheat pit in Aug, 1978, and some of my friends still call me a kid.
then you probably won a lot of my money cause I sure lost a hell of a lot of it in that pit

thank god for cattle
 
Quote from oldtime:

I'm sorry, my mistake, yes if you own a business you should certainly have the right to keep outdated (or none at all) fire extinguishers .....
Regulations are a hassle

Can your place of employment make you fight a fire?

Tort lawyers would have a field day with this one.

Now if you have a fire extinguisher, I presume somebody has to pay to train every employee on how to fight a fire because "it is there" (a fire extinguisher). People can't count change and you want them fighting a fire?
 
Quote from nutmeg:

Can your place of employment make you fight a fire?

Tort lawyers would have a field day with this one.

Now if you have a fire extinguisher, I presume somebody has to pay to train every employee on how to fight a fire because "it is there" (a fire extinguisher). People can't count change and you want them fighting a fire?
ok, but a fire extinguisher, some trees and a sign fee isn't enough to make somebody throw in the towel.

Now if you want to talk about excessive taxes and fees, I hear ya.

And I agree this President hasn't used his office in a business friendly way.

But they sure do worry that somebody might not be paying enough.

There's not a dimes bit of difference between a republican and a democrat, so until things turn around, whoever is president is just somebody for the other party to blame.
 
Quote from oldtime:

ok, but a fire extinguisher, some trees and a sign fee isn't enough to make somebody throw in the towel.

Now if you want to talk about excessive taxes and fees, I hear ya.

And I agree this President hasn't used his office in a business friendly way.

But they sure do worry that somebody might not be paying enough.

There's not a dimes bit of difference between a republican and a democrat, so until things turn around, whoever is president is just somebody for the other party to blame.

But oldtimer, aren't all fees and taxes ultimately excessive? Have you ever seen fees and taxes for businesses going down? They open the door with just a little fee, say it is $5.00/year and the fee will expire in 5 years. By the end of 5 years, that fee is $35 and has to be renewed to pay for regulating whatever it is the fee was to regulate.

I remember the Illinois Toll roads were supposed to become freeways after the bond issues were paid off, and this should have happened by the mid 90's. I can't find an example of a toll road in IL ever going free.
 
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