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Thread: Playing Taps for the $$

  1. #31
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    I apologise SbD. I wasn't intentionally starting an argument. I was just responding to Skirata's comment about taxing the rich even more.

    And I don't think taxes what it was that pulled America out of the Depression. I was convinced it was due to the President providing work for people, building roads, bridges etc. and, more importantly, the war. Everyone was needed for making stuff, whether it be guns, boats, whatever. That was what brought Britain back to full employment and I was certain the same thing had happened to America. I may be wrong, and apolgise if I am.

    ------

    On a side note, I do not live in America, or know much about the credit crunch from their perspective. I don't know the exact way their taxes work. I am relying on it bearing some relation to Britain's.

    Again, sorry SbD
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  2. #32
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    Quote Originally Posted by Hehe View Post
    I apologise SbD. I wasn't intentionally starting an argument. I was just responding to Skirata's comment about taxing the rich even more.

    And I don't think taxes what it was that pulled America out of the Depression. I was convinced it was due to the President providing work for people, building roads, bridges etc. and, more importantly, the war. Everyone was needed for making stuff, whether it be guns, boats, whatever. That was what brought Britain back to full employment and I was certain the same thing had happened to America. I may be wrong, and apolgise if I am.

    The increase in taxes payed off America's debt. The war provided an industry for which employment could build. I'm unsure about the infrastructure truly helping as Roosevelt's policies (which are really Congress') only recirculated money, there was no increase economically.

  3. #33
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    Recirculation of money is what was needed anyway.

    All money ever do is be recirculated. That and be printed in the first place

    Recirculation is all that is needed. To do that, the first step is that people need to start spending more. So, the real question is, how do we get people to start spending again? If they aren't spending, other people won't be getting paid as much, so others won't spend, so people won't be getting paid as much. The economy becomes stagnant. So, how do we get money recirculating again?
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  4. #34
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    Quote Originally Posted by Hehe View Post
    I don't know the exact way their taxes work.
    Not many people do know. The tax code is a couple thousand pages long.

  5. #35
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    Quote Originally Posted by jorbaud View Post
    Not many people do know. The tax code is a couple thousand pages long.
    I'd never ever want to read all that anyways. Let the government do their job. If they want to waste money, it's their problem. We're playing evony for the fun of it, not the politics guys.
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  6. #36
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    Provided recirculation does continue to occur, there is no problems. The problems come when recirculation stops and the economy becomes stagnant. The economy cannot become stagnant during successful recirculation because of the very nature of recirculation.

    And what is investing, if it isn't just money being recirculated?

    I'm not saying stop printing money, btw. I'm just saying that recirculation is all (or nearly all) of what's required.
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  7. #37
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    Not necessarily but for the most part you are correct.

  8. #38
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    The United States needs to start from scratch. Exile all current members of Government and start from the ground up.
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  9. #39
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    ^ twould be nice if it twer possible, but alas ... taint.

    there are too many people suckling from the government teat to ever let that happen

    and that is what the S&P see's, and is why they downgraded our national credit rating from stable to negative, cuz that flow just wont stopp, even when it runs dry

    oh sozy, just got an awful vision in my head of when the last time I went boar hunting, and saw this wild sow, after a winter of feeding her piglets

    OH THE HORROR!!!!
    Last edited by King Alboin; 04-25-2011 at 11:22 PM.
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  10. #40
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    Quote Originally Posted by Balaam View Post
    can we debate the finer points, pros and cons regarding the concept of eating the rich?
    Yes. Yes we can.

    The wheels of survival are greased more readily by easy lies than hard truths.


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