The 2% illusion

The 2% illusion

PostBy: av8r On: Thu Feb 26, 2009 12:43 pm

Take everything they earn and it still won't be enough.

http://online.wsj.com/news/articles/SB1 ... 1065378405
av8r
 
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Re: The 2% illusion

PostBy: billlindley On: Thu Feb 26, 2009 2:39 pm

Decent article but it begs me to ask the question what can be done about it? Obama wouldn’t think of going back on his word would he? Hmmmm.

The problem with all this spending is that it all assumes that it will lead to a long lasting economic recovery. I dare to pose the question, What if it doesn’t? How do you then pay for this mess if you need to increase taxes on the middle and lower class who do most of the consumption?
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Re: The 2% illusion

PostBy: billw On: Thu Feb 26, 2009 3:51 pm

Or we can just stop playing the world's cop, stop foreign aid and take care of ourselves.
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Re: The 2% illusion

PostBy: billlindley On: Thu Feb 26, 2009 4:12 pm

billw wrote:Or we can just stop playing the world's cop, stop foreign aid and take care of ourselves.


But then the rest of the world would start to dislike the US silly. O wait...
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Re: The 2% illusion

PostBy: av8r On: Sun Mar 01, 2009 3:43 pm

Funny how all the usual suspects go silent when stuff like this pops up.
av8r
 
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Re: The 2% illusion

PostBy: Flyer5 On: Sun Mar 01, 2009 3:54 pm

I saw this # on tv the other day and it really shows the perspective 11,550,000,000,000.00
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