Clinton to make boosting wages central to her economic plan
Here is where it all falls apart. This creature will get the faceless masses to supposedly elect her, and then continue the democrap method of crushing any possibility of improvements by imposing more and more looting/mooching programs (such as our wonderful Obamacare), which, as they destroy the economy (whats left of it) they then blame on the republocraps. Is there a benign dictator we can hire, and dispose with all of them?
― Benjamin Franklin
This Bride of The Teflon Man creature has already proven that she can lie as much as The Great And Powerful O.
Do not even trust what her farts have to say.
Translated. Thanks to Bubba that figure gets a boost by not counting 10% of the workforce. so 5.3 is 5.3% of 90.or 4.77 plus 10 for 14.77. Rather than the intended message of 94.7.
In the Clinton school of Economics that 's how you make 85% into 95%.
If her plan is that inaccurate maybe she should take an economics course or just read Hazlitts book.
As for the republicans there is only one dfference between Demos and Dumbos.and it isn't economics.
Vote for No Evil neither lesser or greater!
Your self respect is more important than their landslide.
Not to mention the original intent of the great speech is crap.
In order to pay the debt down they must drive inflation up. Every time the dollar halves in value so does the debt.
Raising wages increases the average household income, which even though that wage will buy less makes people feel good. Couple with this a graduated income tax and you will get a larger percentage of peoples income without changing a thing, effectively increasing the income tax rate but without the requirement of stating or admitting it.
From the viewpoint of someone like her this has several winning feature.
Increases voter happiness
Effective reduction in debt
Increased Tax income
Ability to assume greater debt
* improved GDP to taxation ratio
All of these advantages are paid for by those that saved their money. In an economy like the one they have to create to keep from crashing and going into default money in a bank will loose value. Stock markets will not keep up with inflation. Things like Gold, Silver, Land and Fine Art will typically keep up with the inflation.
I recently read an economics article that suggested that in order to balance out the debt to GDP ratio they would have to push higher inflation for years yet to come. The estimate price of gold to stabilize the existing and planned debt, approximately $9500.00 an ounce.
In addition to that report, and with a bunch of history and data to back it up "The death of Money" also suggest a gold value of $9500.00 per ounce as the likely target to balance out debt to GDP and added that value as the base value needed to move to a global currency produced by the IMF.
The fact is if they can keep from having the inflation get out of control bad they will be successful in doing this over time and it will stabilize the economy and we will see a decade of boom or there about followed by another bust.
The model sucks, but if you are a have and have a lot it makes you richer and can be maintained. It also benefits the poor who have nothing. Its the middle class that get crushed under a Keynesian economic system.
$9500 divided by 350 is the future you are describing. Equals wonder white bread at $27.15 a loaf.
What makes you think this scheme will work? Congress stabilizing or limiting spending? Debts are not made to be stablized they are made to be paid! Basic Economics 101.
All this amounts to is another license to rip off the public who loaned the money to the government but not voluntarily.
How many guns will it take to enforce that nonsense.
I think the true purpose of the protective echelon is becoming more and more clear.
I would just as soon not.
Eventually something happens they cannot control. As I said in the original post, if they can keep the inflation from getting away from them they will get another cycle out of this.
This same cycle has been being used with larger and larger controls since WWII. It works, and I think I need to state, not in a good way.
The eventual end of the cycle should be to many on welfare and tax income losses due to no jobs = System failure. If we have to wait for this to happen our grand kids are likely to still be waiting.
In the short run, either deflation (which would stop this crap in its tracks) or hyperinflation (which would make for some awful times but not collapse the financial system they have set up) are the likely results.
You are correct a loaf of bread would be just under 30 bucks. You want a real lump to form at the base of your neck, figure the price of gas per gallon in that economy. You think this is unrealistic, compare the prices today to those of the 1915, 100 years ago.
Agreed that its another license to rip of the public. An elaborate one they will continue over and over again.
As far as guns, how many has it taken to enforce it since 1915? They have been doing this since then with ever increases controls and pressure. It will likely take about the same number so long as they continue to slowly turn up the heat. People will take it /sarcasm, its only a little worse we can still make it. No need to stand up to fight /sarcasm off
Guns wont be required until people cannot feed their kids, or at least fear being able to do so. That is what it will take to wake up the nation. How long it takes us to get there, who knows.
In 1915 a loaf of bread was $0.07 and I suspect the idea of paying around $2.50 for that bread would have seemed out of this world. 35.71 times as much. Apply the same rate of inflation over the next 100 years and you get bread that is $89.29 a loaf. Makes $27.15 seem a whole lot more plausible and a whole lot closer than 100 years away.
As for when? Ask Grandpa and Grandma.
there ae two latin phrases that fit.
Recall 'Volenti non fit iniuria' i.e. A person who consents does not suffer injury. If they claim otherwise or say 'everyone does it but we thought it was meaningless 'caveat emptor' let the buyer beware. Anyone who votes for the Government Party either Democrat or Republican exactly fits those descriptions, Why should I pay the price for their cupidity?
That applies double for those who signed up at age 18. Any one who believes this government runs afoul of...what is the latin for stupid is as stupid does?
I think the trigger for collapse will be deflation. When deflation starts it will be very quick and very harsh. Deflation both increases the value of debt and decreases taxation in the graduated tax system. It would be double whammy to all the central banks that I do not think they could get back out of. It is what they are attempting to make sure does not happen as it would be there death, and the death of the Keynes system as well.
Don't answer that, I probably wouldn't like it.
Since most of her potential electorate is made up of people who either don't work for a living or do "make work" jobs which do not really create wealth, this is a cynical promise to loot producers even more. Typical socialist frame of mind.
I don't know whether to be ecstatic to see her trying to chase the airplane that's leaving her behind, or concerned that Sanders may just steal this one from Rand.
Eventually the loan is paid off leaving the initial account with little or no taxable assets.
One of our more knowledgeable financial contributors may be able to correct any mistakes in the above explanation.
My apologies to you and the real Yoda from Star Wars.But it's the SP's nickname so we''re stuck with it. i guess that makes hillary their Princess Leia and Bernie Sanders Han Solo? Obama for Darth Vader?
You will see some of the methodology from Framing The Debate in the the thread on the draft where one of their adherents keeps claiming there is no draft and as of yesterday keeps dodging the issue.
That lack of conversation is staight up Yoda II
I really do not like them taking that one
.
Basic econ. What a dumb broad.
In her mind she was acting President 1993 -2001
Along came Bush and diverted attention with a handy war and she worked in the Senate after the seat was purchased for her personal use.
Eight years was enough for people to wonder where the balanced budget and surplus fitted into the 1.4 trillion dollar shortfall.
But...it was not to be. Her turn and the party chose another. The fig leaf was a stint as Secretary of State. We'll see how the current lame duck treats her in his legacy.
sixteen years out of Arkansas. Ready for the bigs! The whole world wondering is it boxers or briefs - and she can't even blow sax.
Bernie who????
Dammit George this wasn't in Yoda's script!
How would you feel if iyou were always the brides maid's dress maker and never allowed in the church?
That is one bitter itch - to scratch, Acting Prez, Senator, SecState. I forgot ...if Bore invented the internet Hillary invented the 18 month cyber gap.
Bernie? Who else?
Not Kerry Ever since O'Really? came out for him...Great Move Mr. No Spin Miester...who else would have thought to drive a garlic smeared stake in that wannabe candidate.
Who else?
Looks like the Demos are just as destitute as the Dumbos!
The Democrats (and a good many Republicans) are little more than Orwellian Fabians and 1984 is just around the corner.......Thanks to their fecklessness!.
Load more comments...