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Home » News » Budget

Friday, October 17, 2008

Economists prescribe deeper deficit

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Balanced government budget no recession cure

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hipshot

Some day we are going to have to bite the bullet. The problem is that the bullet keeps getting larger and larger. There is only one way to break an addiction.
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rpsboyz

Why we cannot have Obama/Biden or any democrats in the White House... A chemistry professor in a large college had some exchange students in the class. One day while the class was in the lab the Professor noticed one young man (exchange student) who kept rubbing his back, and stretching as if his back hurt. The professor asked the young man what was the matter. The student told him he had a bullet lodged in his back. He had been shot while fighting communists in his native country who were trying to overthrow his country's government and install a new communist government. In the midst of his story he looked at the professor and asked a strange question. He asked, 'Do you know how to catch wild pigs?' The professor thought it was a joke and asked for the punchline. The young man said this was no joke. 'You catch wild pigs by finding a suitable place in the woods and putting corn on the ground. The pigs find it and begin to come everyday to eat the free corn. When they are used to coming every day, you put a fence down one side of the place where they are used to coming. When they get used to the fence, they begin to eat the corn again and you put up another side of the fence. They get used to that and start to eat again. You continue until you have all four sides of the fence up with a gate in The last side. The pigs, who are used to the free corn, start to come through the gate to eat, you slam the gate on them and catch the whole herd. Suddenly the wild pigs have lost their freedom. They run around and around inside the fence, but they are caught. Soon they go back to eating the free corn. They are so used to it that they have forgotten how to forage in the woods for themselves, so they accept their captivity. The young man then told the professor that is exactly what he sees happening to America . The government keeps pushing us toward socialism and keeps spreading the free corn out in the form of programs such as supplemental income, tax credit for unearned income, tobacco subsidies, dairy subsidies, payments not to plant crops (CRP), welfare, medicine, drugs, etc.. While we continually lose our freedoms -- just a little at a time. One should always remember: There is no such thing as a free lunch! Also, a politician will never provide a service for you cheaper than you can do it yourself. Also, if you see that all of this wonderful government 'help' is a problem confronting the future of democracy in America , you might want to send this on to your friends. If you think the free ride is essential to your way of life then you will probably delete this email, but God help you when the gate slams shut! In this 'very important' election year, listen closely to what the candidates are promising you !! Just maybe you will be able to tell who is about to slam the gate on America . 'A government big enough to give you everything you want, is big enough to take away everything you have.
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usaeconomist

The ironic thing is we are loosing jobs like crazy and have exported 2/3rd’s of them. Only two industries left, housing & banking, (http://www.BuyMyHouseBeforeTheBankTakesIt.com ) are crashing. We refuse to produce products in the US, and there is going to be a day where nobody will be making $250,000 after dust settles. A very important fact, 1 out of 6 in American is finance related. The tax plan is a mood point if we don’t reinvest in our country. We are no longer producers; our stores have been invaded by foreign products. Every purchase we make goes to feeding someone else’s family in communist China. Thirty percent of gas you purchase goes to terrorist. It does not have to be this way. We need to be supporting our own communities. Interesting thing, my brother is a robotics engineer and can take and revamp any US company make it more profitable and more efficient that it would be cheaper to produce here. So let’s get off our lazy buts, start using our brains and become innovative again. Lets use our American brain power and innovation to make new products here and ship them overseas. Our country needs industry and American needs to be talking talk about and growth not taxation.
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