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Re: Image comments for Far too much truth to be funny
Posted by: Mrkim
Date: 31/10/2009 03:56AM
I can't say I can make any meaningful comments on any other economies but ours is definitely on the ropes.

Spending our way into increased levels of bankruptcy at a time when financial prudence seems a more reasonable course seems to totally fly in the face of any meaningful path to follow. Increases in the size, scope and as a natural byproduct of all the excess in governance ... OVERALL COST (to the taxpayers I might add) also seems to be total folly at this juncture.

Handing out tanker loads of cash to banking, car companies or any other private organization is constitutionally illegal. The Federal government has NO authority to use tax revenues for these purposes.

Handing over 800 billion to the taxpayers who would then blow it for the most part in supporting the economies of other countries as that's where most of it would actually wind up is not the answer either.

Inroads need to be made in keeping and encouraging economic enterprises within the US, tax incentives for start up capital trade offs, and a serious influx of support for better education would seem to have far better pay offs and certainly beneficial for society as a whole.

Taxing it just so the government can hand it over to failures just makes no fucking sense at all totally lost

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