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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Rick Slemmer who wrote (285823)8/11/2002 5:14:44 PM
From: DavesM  Respond to of 769670
 
Yes, the Japanese, have dug themselves into a hole, and decided to just continue digging - hoping to come out the other side. Of course, they'll hit magma first; but most politicians can't add, let alone know any science.

By the time their done in Japan, there won't be a Insurance Company or pension plan solvent.

p.s. I've heard that home safes are very popular in Japan.



To: Rick Slemmer who wrote (285823)8/11/2002 7:33:38 PM
From: CYBERKEN  Read Replies (2) | Respond to of 769670
 
Economics in One Lesson:

1) The ONLY way to pay down a national debt is to outgrow it. Any other government action leads to deflation and economic retraction, or debasement of the currency and economic instability (i.e., "stagflation").

2) The ONLY way to grow is to eliminated and/or minimize restrictions on capital and enterprise, including regulation, but especially the seizure of property through taxation.

3) This solution will always be fought tooth-and-nail by liberals because it reduces their power, and power is their obsession...