Companies have to see some visibility of demand rising before they will commit to more spending/hiring. That will only come if consumers loosen the purse strings which certainly WILL NOT happen if taxes go up Jan 1
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I’m thinking it won’t matter. So many people are so far behind financially that they don’t have the financial capacity to spend beyond what they need.
quote:
That’s why we have some of the worst social services of highly developed countries. We already tell a pretty good percentage of the population that they’ll get the worst of everything (education, healthcare, housing, etc.) if they can’t provide it for themselves. Unfortunately over half of these people are children. Womp. Womp.
“Bank of America Corp.’s agreement to pay $137 million in restitution for taking part in a nationwide bid-rigging conspiracy for municipal-investment contracts may soon be followed by more settlements to repay the scheme’s victims” –
you gotta love the honesty and integrity of our corporate capitalistic system.
Ishtar, I am blanking out on names right now. What I hear a lot is that removing the uncertainty around the tax cuts will free up investment capital. That seems logical.
it’s so funny how middle and upper middle class people get so jealous of the wealthy. most poor people just dont give a crap about the rich. most poor people KNOW they benefit from the rich.
we also wouldnt NEED to many expensive social services if we taught people that their vaginas and uterus’ are not ATM machines.
sorry, but it’s true.
*rob*
*rob* – you are the one is seems most jealous of trustfunders.
Companies have to see some visibility of demand rising before they will commit to more spending/hiring. That will only come if consumers loosen the purse strings which certainly WILL NOT happen if taxes go up Jan 1
————————————————–
I’m thinking it won’t matter. So many people are so far behind financially that they don’t have the financial capacity to spend beyond what they need.
I don’t carry a purse or a murse with strings or without. But hold tight to my wallet.
quote:
That’s why we have some of the worst social services of highly developed countries. We already tell a pretty good percentage of the population that they’ll get the worst of everything (education, healthcare, housing, etc.) if they can’t provide it for themselves. Unfortunately over half of these people are children. Womp. Womp.
that is total bullshit
*rob*
“Bank of America Corp.’s agreement to pay $137 million in restitution for taking part in a nationwide bid-rigging conspiracy for municipal-investment contracts may soon be followed by more settlements to repay the scheme’s victims” –
you gotta love the honesty and integrity of our corporate capitalistic system.
Ishtar, I am blanking out on names right now. What I hear a lot is that removing the uncertainty around the tax cuts will free up investment capital. That seems logical.
it’s so funny how middle and upper middle class people get so jealous of the wealthy. most poor people just dont give a crap about the rich. most poor people KNOW they benefit from the rich.
*rob*
“it doesnt pay being nice when it comes to laundry.”
Truer words have never been spoken.