That Fiscal Cliff

[quote author=Goog Lee link=topic=73562.msg455702#msg455702 date=1352322305]
means as long as his friends don't have to pay more!!  :cheesy: :cheesy:


naw, I think you will see people earning over $1m paying more taxes.  plus, there will have to be some steep spending cuts. where? that will have to be worked out.
[/quote]

Of course there will need to be some spending reductions.  I suspect quite a few federal social programs will get the chop.

Here's my economics thinking  :wink:

IF U generate Revenue ....Spending will be a Non Issue.

too simple ??

[quote author=Snoopster link=topic=73562.msg455700#msg455700 date=1352322252]
Which school of economics you went to Bro? ::lol::
[/quote]ACME  school of economics and hardware store .The same place that Wille E Coyote gets his supplies 

Again , once U are generating Revenue :

Spending is a non issue...

get the factories rolling in every sector :

Food, clothing , hardware , automobiles...

Get the Export market ....Flood Guyana with combine  ::lol::

get the drift ?

[quote author=ketchim link=topic=73562.msg455714#msg455714 date=1352322960]
Again , once U are generating Revenue :

Spending is a non issue...

get the factories rolling in every sector :

Food, clothing , hardware , automobiles...

Get the Export market ....Flood Guyana with combine  ::lol::

get the drift ?
[/quote]

How does a gov't get the "revenue" without taxation Bro? ::lol::

Walk up to the cash register and take it? ::lol::

[quote author=ketchim link=topic=73562.msg455706#msg455706 date=1352322507]
Here's my economics thinking  :wink:

IF U generate Revenue ....Spending will be a Non Issue.

too simple ??
[/quote]

yes, i agree.

but how you generate revenue?  Someone has to buy your product! 
The 99% either don't have job or either working for less! 

they have to give the middle class a tax break!  put more money in their pockets!  Make up for it by taxing the 1%! 

what do middle class people do when they have money?  spend it!  this generate more demand, which creates jobs and so on...

Small Business as a Start.

they will grow into Big biz...

Hire your community labour force in Boonieville.

Pay em cheap.

Compete in international markets...

[quote author=Goog Lee link=topic=73562.msg455718#msg455718 date=1352323212]
yes, i agree.

but how you generate revenue?  Someone has to buy your product! 
The 99% either don't have job or either working for less! 

they have to give the middle class a tax break!  put more money in their pockets!  Make up for it by taxing the 1%! 

what do middle class people do when they have money?  spend it!  this generate more demand, which creates jobs and so on...
[/quote]... spend it and create jobs in China

Ketch's doctoral thesis on fiscal responsibility. ::lol::

dem chinese people need food too, u know!