SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: smolejv@gmx.net who wrote (32768)5/1/2003 4:33:38 PM
From: Maurice Winn  Read Replies (1) of 74559
 
Good analogy. I wondered if I'd misunderstood, then Kerry pulled out a $600 pocket knife.

Kerry, I meant a REAL tax cut. Like individuals no longer need to file tax returns or pay any taxes until further notice.

I think that would make a difference. To pay for government services, Uncle Al can click over a trillion pixels of new US$. He doesn't even have to pay for ink these days, or oil for printing presses.

Normally that would be inflationary, but in today's situation, there wouldn't be inflation. It's deflation people seem to worry about.

The government could offer US$100,000 per soldier to sign up and take over Africa, the middle east and anywhere else. Heaps of Africans would love to be in the USA African Army on a salary of $100,000 per year. That would tidy the place up.

The Middle East could be handled like that too. Offer a big pile of money to sign up into the USA Arab Army. That'll settle down the middle east.

Imagine the turbo boost to the economy. Demand would be huge from those countries. They'd want CDMA2000 cyberphones by the 10s of millions. Even 100s of millions.

Money talks and in a viciously deflationary environment, Uncle Al can produce a LOT of it.

As you say, THIS is a tax cut.

Mqurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News