dow jones
- Thread starter Jkloc420
- Start date
newfie
Well-Known Member
bingo. but more importantly why lobby congress for special tax deals when everyone is paying flat tax.
congress creates this tax nightmare we have so they can negotiate campaign support from big business.
newfie
Well-Known Member
congress is hoping alot of baby boomers die off by then or they have may have to cut beni's
So does the teamsters pension plan
What do we do?
newfie
Well-Known Member
probably go deeper into debt .
the real problem with politicians is most never ran a business, never had to meet a payroll never had to worry about bankruptcy.
That's not going to happen my friend
newfie
Well-Known Member
I'm waiting for the day some politicians says hell no but if anything they keep spending more.
It's going to stop somewhere
newfie
Well-Known Member
this deserves more attention spending went from 7.7 trillion to 10 trillion in one year thanks to covid nonsense. Meanwhile revenue went to 7.7 in 2021 . slow down the spending increases and you're actually at break even in 2021
newfie
Well-Known Member
probably when we face a financial crisis like Greece had after years of overspending.
We are there already
If we ever have a crisis that severe we'll take literally the entire world with us.
We will all be living in our vehicles
I'm ahead of my time.
Yes you are
Might not be a bad idea for those of us who aren't to practice for when China decides it's go time on Taiwan.
I wonder if a nuclear missile could set off the super volcano at Yellowstone? More bang for their buck.
Could be really bad even if there are no nukes involved. Think I heard of a really interesting study that predicts China would take like a 30% GDP hit and the US a 10-12% GDP hit if things really pop off over Taiwan. Will try and figure out what that study was.
Never ceases to amaze me that instead of cooperating with and developing markets with their neighbors these countries want to dominate their neighbors. Even destroy half the world to get their way.
