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Comments:
<0> youre right
<0> and it means theyre not spendign for growth
<1> and also ripping off the Canadians
<0> or giving it back to peopel to stimulate spendign
<2> something yeah
<0> taxes and canada is love and marriage
<3> Low interest rates are now history
<0> certainly are
<0> which is find by me ollie cause im not borrowing
<4> long-running surplus != overtaxation
<0> what's bad for mom's mortgage is good for my retirement money
<0> and certificates
<5> Malhuer: tehy can spend it on military growth and work in South America
<5> hehe
<6> arcade: We have the highest legal immigration of any country on Earth, and we're also the biggest GDP of any country on Earth. Coincidence?
<0> short term guaranteed investments and term deposits are more attractive
<1> Fairtax Canada!!!
<2> hope you locked at a 15-yr fixed
<0> now my, shocker, savings account might make me money
<7> Red_Barch: GDP per capita is more interesting than the total sum
<6> alright, whats 13 trillion by 300 million
<1> lessee
<0> calc.exe
<0> it's just over 4
<0> 4.33
<1> 13000 billion
<0> 33333333333333333333333333333333333333333333333333333333333333333333333333333333333
<0> oh
<0> ****, add your own zeros
<6> ok, and now china? 1.4 billion people divided by 6 trillion?
<1> 13000000 million
<6> er other way around heh
<0> that is not a sound comparison
<5> Malhuer: Bush extended capital gains tax cuts
<5> so check this
<2> capitalone.com 4.5% or something
<5> in 2008
<0> Pub, that's a good idea
<5> I will have to pay 0 tax
<5> as a college student
<2> Citibank offering 4.75% apr, FICA\ insured
<5> free to go investing galore
<2> liquid money
<1> 4200
<1> approx
<7> Red_Barch: Your GDP per capita, according to CIA world factbook is $42,000 (2005 est.) , the GDP per capita of luxembourgh is $55,600 (2005 est.) .
<5> Malhuer: you believe that ****
<5> total profit
<0> Publius, sounds lovely
<5> oh hell yeah
<7> Red_Barch: And the one of Norway is $42.400 ;) (Yay! we beat you! :)
<0> my federal sales tax is down 1% come July 1st
<5> the first time I got that 5 percent tax on what i earned
<5> pissed me the **** off
<2> err FDIC insured I mean
<2> oops
<0> it will be a very potent political maneuver
<2> FICA being a tax
<5> oh man
<1> 42K in Norway.....32 K in taxes
<0> the government's approval went up when it was budgeted and will go up again in july
<1> lol
<0> they are jockeying for a majority, and the government falls theyll say "tax cuts for working families"
<8> hehe hCry
<1> FICAL tax
<6> arcade: Ok, and how much of norway's business is small business under 10 emplyees?
<0> "law and order keeping guns off the street"
<0> "kicking taleban ***"
<6> arcade: Is it 6.5 trillion GDP worth?
<0> big moves, very smart
<1> haha
<8> Cry, and then they try to say that their GDP per capita is amazingly high!
<5> yep
<7> Red_Barch: Of course not, we've only got 4 mil. people. ;)
<0> it's actually not a bad period at all to be in canada, politicalwise, if youre a conservative
<0> this is like the heydey of mulroney for them
<1> 426...it is...on paper
<6> arcade: hehe
<9> Tax cuts are good without spending cuts and here is why. The government is bringing in more revenue than ever with the tax cuts because buisness activity and GDP has grown solidly and more people are working and paying taxes (Sorry this is 30 minutes late I got interrupted by a phone call).
<0> theyre guffawing with delight over the prospects of a majority
<1> but they disregard taxes
<5> Malhuer: and us americans love it
<8> you can't get an accurate view of gdp per capita if 50% of your per cap. is taxes owed to the government
<1> bbiab
<9> Another reason tax cuts are good without spending cuts is it puts downward pressure on congress with regards to spending.
<0> publius, the conservatives are probably loving harper
<5> loving is an understatement
<5> lol
<9> They are going to overspend no matter how much money you give them.
<7> Red_Barch: And, I don't know how big a part is small businesses.
<0> he is a moderate conservative with amazing fiscal policy and a very tough demeanour despite his fuzzy bear dad image
<0> and he's also an evnagelical christian, but he never preaches
<3> Fr33Trade -- Rather the low interest rates supported by Asian saving
<9> The more you give them the more lattitdue they have with increasing the budget and deficit.
<5> Malhuer; he' Blair part 2
<0> he has great conservative credibility
<0> blair is labor
<5> I know
<8> I like Harper
<0> blair is a goofus
<0> harper is a gangster
<9> So cut the money it forces fiscal discipline but it makes wasteful spending more agregious.
<10> if you want cut spending; keep cutting taxes. he
<5> the issue is mostly foreign policy
<10> heh
<8> i hope he remains president of Canada for a LONG LONG time
<5> blair is a great global politics man
<0> he's also a bumblesaurus and a nerd
<6> arcade: My main point being, is that there's a very large misconception the only ones making money in America are big businesses like oil companies and Wal-Mart. When in fact breaking down the small business GDP side of our economy, individual business income is insanely high
<3> Fr33Trade --Tax cuts do not pay for themselves
<11> Harper is pro-people
<0> he is not a flashy guy and he rarely speaks in public
<0> and he pulls surprise and ruthless political maneuvers
<7> Red_Barch: Well, of course.
<0> he shows people who is boss: me, cause canada elected me
<5> Malhuer: a bit like Washington
<0> and stfu or we'll slice you in an election
<2> you don't need to be flashy do "do" trhe job, just that you appear better
<9> Obviously I want to see them cut spending, But if you dont cut taxes they wont, and further more if they spend more regardless with tax cuts it increased GDP so dept/GDP is lower.
<0> he has the gambit
<2> it's an illusion
<0> the liberals are wasteland and getting picked apart frmo the left by the NDP and the right by the Tories
<6> arcade: So my ***ertion still stands, America has pulled more people out of poverty than any nation in history. You can debate certain aspects of it, but the overall picture is clear
<3> Fr33Trade --Bush first stated cut taxes because the Govt had too much money
<9> And ultimately a mortgage of 100k on a 100k house is a lot but a mortgage of 100k on a million dollar house is not as much.
<0> no leadership, crazy debt, very popular policy moves, kissing business ***, military ***, and american ***, and christian ***, and quebec *** all at once
<9> THats how GDP and Debt work hand in glove.
<0> telling indians and hippies and socialists to **** off
<10> Fr33: seen the new California 50 year mortgages
<10> ?
<11> red-barch: amen
<9> When you get a crisis is when debt increases and GDP stays the same or declines.
<10> 50 year mortgage.. the mortgage you can inherit!
<0> harper doesnt let his ministers speak with approval
<10> inheirit.. even
<0> communications advisors do all the talking
<2> might as well rent
<8> FT, thats Psycho inflation
<0> they call it harper's dome of silence
<8> heh
<9> And tax cuts in every instance have increased GDP and maybe unfortunately more revenue to the government.
<0> the media is shut down
<2> rent = infinite term mortgage
<8> thats kind of what happened to us in the Jimmy Carter era is it not?
<3> Fr33Trade -- Stagflation
<9> Killing the goose that lays the golden eggs (Taxes on business and consumption) does not solve the spending problem.
<9> AAAman stagflation was caused by Keynesian fiscal policy which we no longer adapt.
<9> We exchanged Keynesian fiscal policy for Monetarism in 1979
<2> Jimmuh Cahtuh
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