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Originally Posted by Snake Doctor
It wouldn't have. Better regulation of the financial sector would have.
Paul went off on this free trade tangent because I was trying to explain to gideon that a tax rebate is less stimulative than direct government spending because consumers can use that money to buy goods produced elsewhere.
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except the same thing is true with the wages those people are paid.
so that arguement is total BS.
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Gideon then tried explaining to me that American trade was balanced, based on whatever guerrila math he's using, so therefore the $40B trade deficit in November of 2008 wasn't really a deficit according to him. (Maybe it has something to do with time shifting?)
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simple math
(exports + profits that returned to the head office )- (imports + profits that go out).
Total revenue comming in - total expense going out.
i don't understand why you are to stupid to get that.
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Trying to talk to gideon is kind of like trying to talk to that Joella girl from the biggest loser. His eyes are looking at you and his lips are moving, but he must be having a conversation with someone from a past life or someone on another planet because nothing he says makes any sense.
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i guess i have to speak to you like a cave man
government fix road 2 years early, roads life 2 years less. government waste money.