What Are You Doing Right Now? (443 Viewers)

[Bjerknes]

But is this not the same money thats going in just being in a different way?

When you guys say that you Americans are worried about how this will affect them during the recesion, do you mean middle-upper America and the lower classes (majority) of America?

Im not criticising i am just synthesising an idea.

I mean the economy as a whole. Whether we like it or not, the government will have to find a way to pay for this. There are only two ways to do so: increase taxes or borrow more money. If we increase taxes during a recession, that may stifle any sort of economic recovery which, IMO, we aren't seeing right now. If we decide to borrow more from our creditors our debt to GDP ratios will continue to sky rocket (exponentially) and it will become even more clear that we will not be able to repay our debt, which will lead to credit downgrades at first and potentially a credit halt in the future. That would be absolutely disastrous, with the climax being a government collapse. Creditor nations are already cutting back at buying our treasuries and placing capital in other markets.

The whole system is connected and there are only so few options, so it doesn't matter what class you are, unless you're in the top 1% of the nation in terms of income.

The so-called benefits apparently don't show up until 7 years in the future.

 

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[Bjerknes]

Tiger's press representative Fleisher resigned.

 

[Martin]

Andy, explain to me how the richest country in the history of the world can't afford anything. Except more war.

[/bait]

 

[Bjerknes]

Because war keeps the world turning. The banks, the arms manufacturers, governments, terrorist groups... they're all really on the same team when it comes to cash flow.

 

[Enron]

Andy, explain to me how the richest country in the history of the world can't afford anything. Except more war.

[/bait]

Correction. Our nation isn't wealthy. Certain individuals that reside within the borders of the United States and hold citizenship with the United States have great wealth.

 

[Martin]

Correction. Our nation isn't wealthy. Certain individuals that reside within the borders of the United States and hold citizenship with the United States have great wealth.

So take their money, what are you waiting for

 

[Enron]

So take their money, what are you waiting for

If we take money from the extremely wealthy, they can't give it to the upper class. If the upper class doesn't give money to the middle class, then the middle class can't give to the poor and no one has any money.

 

[Martin]

If we take money from the extremely wealthy, they can't give it to the upper class. If the upper class doesn't give money to the middle class, then the middle class can't give to the poor and no one has any money.

Love that rock solid economic theory, baby

 

[Enron]

Love that rock solid economic theory, baby

Reaganomincs to the bone!:drill:

 

[Martin]

Reaganomincs to the bone!:drill:

So what are you doing with yourself lately?

 

[IrishZebra]

What my father thinks is a good car

 

[Enron]

So what are you doing with yourself lately?

Finishing up school. Doing an internship this summer and my last two courses in the fall.

 

[Martin]

Is that your father there in the background breaking into a neighbor's house?

 

[Martin]

Finishing up school. Doing an internship this summer and my last two courses in the fall.

Viva la scuola. Similar deal here.

 

[IrishZebra]

Is that your father there in the background breaking into a neighbor's house?

That's a random car...

 

[IrishZebra]

Strongly against

Why?

 

[Enron]

What my father thinks is a good car

What's wrong with that car?

 

[IrishZebra]

Nothing per se but it's the same price range as a WV Polo/Opel Astra and anolder Ford fiesta

 

[Ford Prefect]

What my father thinks is a good car

I drive a ford fiesta

 

[IrishZebra]

I'm assuming it's not an '02 then