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  1. #1
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    Quote Originally Posted by amcon View Post
    i honestly believe we are at a point that the country is teatering as to how we knew the usa... we are on the verge of what happened to russia. and we are 60% of the way to collapse. the gov know that and is hoping to create confidence in the general public... it is not working - how do we know this ? look at wall st.

    in stead of giveing us a 12k debt and taking more money from the "rich" (who are over taxed already, paying over 50% of our present tax base... and they only number 10 % of our population) we should come up with a better idea like let inflation take over increase the value of the dollar and watch people hold on to thier money till the cost of goods makes the correction (businesses fail) and reset the usa ecomomey
    Obama didn't create the problem. But electing an Obama was the wrong way to go. We need less reliance on debt and deficit spending to remain sustainable.

    I agree we're on the verge of total collapse. To avoid it the gvmt needs to spend within their ability to collect taxes even if that means economic pain. It's too much debt too fast and a hole we'll never get out of. A falsely inflated economy based on debt, either public or private is not sustainable.

    Inflation doesn't increase the value of the dollar, not sure where you're going there.

  2. #2
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    amcon is offline physical pain is temporary. It may last a minute, or an hour, or a day, or a year, but eventually it will subside... The pain of quiting will lasts forever!!
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    Quote Originally Posted by Kratos View Post
    Obama didn't create the problem. But electing an Obama was the wrong way to go. We need less reliance on debt and deficit spending to remain sustainable.

    I agree we're on the verge of total collapse. To avoid it the gvmt needs to spend within their ability to collect taxes even if that means economic pain. It's too much debt too fast and a hole we'll never get out of. A falsely inflated economy based on debt, either public or private is not sustainable.

    Inflation doesn't increase the value of the dollar, not sure where you're going there.
    during the 70s the inflation was on the rise... it forced every one to hold thier money and caused the "market" to lower prices to pry the money out of peoples hands... i cant explain it better than that... but, i sat in front of a man who predicted this and inflation (letting inflation happen) would force us to hold dollars and force people to spend on good deals... good deals would come as we say in the late 70s early 80s is the price of lower cars (lower quality as well... )

  3. #3
    amcon's Avatar
    amcon is offline physical pain is temporary. It may last a minute, or an hour, or a day, or a year, but eventually it will subside... The pain of quiting will lasts forever!!
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    Quote Originally Posted by Kratos View Post
    Obama didn't create the problem. But electing an Obama was the wrong way to go. We need less reliance on debt and deficit spending to remain sustainable.

    I agree we're on the verge of total collapse. To avoid it the gvmt needs to spend within their ability to collect taxes even if that means economic pain. It's too much debt too fast and a hole we'll never get out of. A falsely inflated economy based on debt, either public or private is not sustainable.

    Inflation doesn't increase the value of the dollar, not sure where you're going there.
    i agree oboma did not create the prob... but he is not helping it... even his own staff is giving is a 60/40 chance of success... trillions spent and 60% persent of success??? what company would make that bet?

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