System maintenance is in process; OS Upgrade downtime will commence shortly (12:00 PM CT)
You are not signed on; if you are a visitor please register for a free account!
|The Market Ticker Single Post Display (Show in context)||
User: Not logged on
|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.