Quote:
Originally Posted by Rui
Macroeconomics 101... funny to see the sort of ramblings in a forum that is supposed to be formed by entrepreneurs   |
Actually most people here are a long way from business men and the post you quoted proves it.
People have not been investing seriously in the US which is what got them into the mess they're in. They've been investing badly in stocks that crashed because they were
GAMBLING or investing in a house which was over valued and they were mortgaged to the eye balls.
People seem to think that tax money is money lost. It's not. Next time you see a guy sweeping your street, a policeman, a road worker, social worker and a lot of other people you're seeing tax money being spent.
All those people are earning money supporting the world we live in and paying taxes to support the world we live in.
Next time you walk through a mall you see your tax cuts working for you. Employing a shop assistant to sell you goods you might not need made in a place a long way from the Mall.
It's more complex than that and both systems can be abused, GWB has shown how. But people have to realise there are no free meals or rides out of this.