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Two simplistic examples/questions for you: 1. If the cost associated with hiring a new employee is $100k, but he/she is capable of increasing...
I tried to make my buddy laugh by telling him ten of my best puns... ...but no pun in ten did.
Northside, I guess we'll have to agree to disagree. I just don't think central banks should be targeting asset prices to create an illusory...
While I agree that austerity makes no sense, I'm going to have to disagree with you on Abe. I'm really not a fan of what's going on in Japan...
I think you're mistaking my questions as a defense of the status quo. I'm all for a tax overhaul, provided there's been enough thought put into...
Even so, the devil is still in the details. How exactly do you enforce a consumption tax instead of an income tax? Either businesses report...
You're absolutely right, I forgot about the AET. I don't think it really undercuts my point though. Without corporate taxes, you could just pay...
They sure as hell can get away with it if corporate taxes are abolished and a few million new "consulting" firms spring up overnight. The IRS...
I get the point you're trying to make, but that would be hugely impractical. Eliminate corporate taxes, and I'm betting this happens overnight:...
An increase in the money supply alone doesn't cause inflation. It has to increase relative to the amount of goods/services created or provided in...
My opinion is that it's not nearly as big a factor as some make it out to be.
You must've forgotten everything that happened before 4 years ago then. Oil and the USD aren't always negatively correlated. Google a chart...
It's funnier that you're not addressing any of my points. How about I make it simpler with no "important sounding people or jargon"? - Though...
"oh please" yourself -- You've never been able to refute that point. Despite tripling the monetary base, M2/M3 have been growing at the same...
bigtexxx's faux macroeconomic acumen never ceases to crack me up.
texxx, where exactly were you when gas prices were dropping a couple months ago...and several months before that?
GDP=C+I+G+NX. So you're saying a decrease in G will have a negative impact on GDP? Absolutely mind-blowing... Fed "stimulus" not effective?...
The debt ceiling isn't an impenetrable wall preventing Congress from spending unlimited funds. If Congress wanted to spend an unlimited amount of...
They are the same people. Congress first votes to authorize expenditures, then holds a separate vote on how much debt the Treasury can incur to...
I think it's much easier to stay disciplined in this day and age. It wasn't that long ago that I had to keep all my receipts, write everything I...