WebsterMark wrote on 12/31/12 at 05:36:21:I’m absolutely sick to death of the stupid circular gun arguments so Pine; here’s a question for you:
It matters not if they raise taxes or lower spending for this current "fiscal cliff" as the entire idea is a "made up" crisis. The REAL tax has been occuring(QE 1 -3)... and is being elevated to higher levels(infinate QE proposed).... but media and the public cannot focus on it due to this fake crisis.
Let’s assume nothing is done today and your SS tax goes up 2% tomorrow and your income tax goes up 3.5% on average (I think is what they are saying); would you still say this is a ‘made up crisis’ since you will lose income?
And by the way, you’ll actually get nothing in return for losing that income which will be used to vastly overpay for more government programs that benefit no one except a select few.
Yes, I stand by my statement.. this "crisis" is made up.
First; it wont happen. Watch.. your saviors will 'save the day"Second; the they will openly admit that to do so; will mean more inflation, but YOU will be happy, afterall they didn't take your money from your face.
Third; they will rob you blind for the next 10 - 20 years
The fiscal cliff, can be made to take time, or they retro-actively "turn back the tax clock". It is mis-direction.
5% of my earnings is nothing compard to the losses I have already sufferd due to inflation. The debt is there.. it must be paid. It can be taxed, or it can be stolen via inflation. There is NO other option. The idea that not raising taxes means the debt goes away is absurd.
PS: Coffee, when I bought it last year was $7, it is now $9.. 28% inflation... and you want me to worry about 5%????
Yehaw Congress saved the day! You heard it here first....
Web .. You are correct. My cutting remark was uncalled for and I do apologize.
Also as you statement about inflation. You are correct... to a point. If inflation is no more than gains in productivity, then for all intents it is invisiable. However, that is NOT the case, or should I say other than using Clinton-era heuristics can that be said to be the case. If you agree that spam = porter -house steak then yes, inflation is 2% and that might be on par with productivity.