 |
 |
 |
|
Page 1 of 1
|
[ 2 posts ] |
|
| Author |
Message |
|
Ponce
|
Post subject: Why the "Stimulus" plan will not work........ Posted: Mon Feb 16, 2009 5:23 pm |
|
 |
| Junior Forum Member |
Joined: Fri Jan 16, 2009 11:10 pm Posts: 271
|
|
Let's say that your state get $100.00 out of this deal and you have ten employees working for you, out of this $100.00 $40.00 will go for material and the other $60.00 for salaries, OK?, now then, the employees earn $2.00 per day so that $60.00 divided by 10 equal 30 days of labor.........and here is where the fun starts.
Fixing a road or a bridge brings no income so that after those 30 days you "might" have an almost finished road of bridge but no money to finished it........ the only way that you can finish it is with another "stimulus" package or to increase state tax...what I just wrote is a micro world of what is happening in the US where we are doing nothing to bring fresh money from the outside and at the same time we are buying from them.
You can only suck so much blood (tax) from the people before they come after you with an ax and a brand new guillotine.
And like I keep on saying again and again and again "NO EXPORT = RECOVERY", we must create products that the world wants (like in 1929) and cannot copy.....hard to do.
Sorry amigos, but you are in deep doodoo.
_________________ "To be ready is not"... Ponce
"If you don't hold it, you don't own it"... Ponce
|
|
| Top |
|
 |
|
samuel
|
Post subject: Re: Why the "Stimulus" plan will not work........ Posted: Fri Mar 27, 2009 11:35 am |
|
 |
| Forum Rookie |
Joined: Sat Mar 14, 2009 2:45 am Posts: 50
|
|
The main idea behind the stimulus package was to gain the confidence of the people who are too much worried with the financial crisis and the deals that are assoicated with it.
|
|
| Top |
|
 |
|
Page 1 of 1
|
[ 2 posts ] |
|
Who is online |
Users browsing this forum: No registered users and 2 guests |
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot post attachments in this forum
|
sitemap
/
url list
|
 |
|