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(The Year 2012 In Review)
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|User Info||TickerCon; entered at 2011-04-13 23:24:27|
Registered: 2008-10-19 Santa Monica
As KD points out with his formula, increasing taxes just lowers C + I rather than cutting spending which lowers G, as that money would have been spent on consumption or invested.|
The crash is already baked in, it's just political theater how it's going to happen, increasing taxes now drives away what might rebuild after the smoking crater cools down.