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Thread: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours...[W:287/521]

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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    Quote Originally Posted by LaMidRighter View Post
    For how long, and what's the interest rate, and how much are we eating into the principle we already owe? All of these things are important.
    Quote Originally Posted by Cephus View Post
    It won't be long, we really have no means to pay back the money we've borrowed now, China is going to eventually cut us off and then what happens?
    Interest rates are dictated by market forces, and right now that's less than inflation. People are so confident in the US's ability to pay back its loans that they are willing to essentially lose money when they lend it to us. And this is in the middle of the worst financial crisis of our lifetimes. Revenue is sure to increase as we claw our way out of this mess.

    Can we borrow unlimited amounts forever? No, of course not. But clearly right now we are not in danger of running out of lenders.
    Quote Originally Posted by Bucky View Post
    We have no reason not to believe him. [North Korean Dictator and Mass Murder Kim Jong-Un] has been very honest and accommodating.

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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    Quote Originally Posted by Deuce View Post
    Interest rates are dictated by market forces, and right now that's less than inflation. People are so confident in the US's ability to pay back its loans that they are willing to essentially lose money when they lend it to us. And this is in the middle of the worst financial crisis of our lifetimes. Revenue is sure to increase as we claw our way out of this mess.

    Can we borrow unlimited amounts forever? No, of course not. But clearly right now we are not in danger of running out of lenders.
    Those market forces are driven by the value of the dollar versus world currency. The dollar is devaluating as is the U.S. credit rating, all because we are loading the economy with junk from unnecessary and unpayable debt to inflated dollars to junk economic plans that necessitate a furtherance of the bad debts and inflated dollars.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    Quote Originally Posted by Deuce View Post
    Interest rates are dictated by market forces, and right now that's less than inflation. People are so confident in the US's ability to pay back its loans that they are willing to essentially lose money when they lend it to us. And this is in the middle of the worst financial crisis of our lifetimes. Revenue is sure to increase as we claw our way out of this mess.

    Can we borrow unlimited amounts forever? No, of course not. But clearly right now we are not in danger of running out of lenders.
    You are mistaken

    The Fed's Futile Effort To Bail Out Obamanomics - Forbes

    In what can be viewed as a desperate effort to bail out the failed economic policies of the Obama Administration, the Federal Reserve this week committed to purchasing $40 billion a month of mortgage backed securities for an unlimited time and to keep interest rates artificially low until at least mid 2015. By so doing, the Fed has embarked upon a course that invites higher inflation, falling living standards, and a global financial crisis.
    The inflation we have currently is in the lower overall value of the dollar since Obama took office as well as higher commodity and gas prices.

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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    Quote Originally Posted by LaMidRighter View Post
    Those market forces are driven by the value of the dollar versus world currency. The dollar is devaluating as is the U.S. credit rating, all because we are loading the economy with junk from unnecessary and unpayable debt to inflated dollars to junk economic plans that necessitate a furtherance of the bad debts and inflated dollars.
    Why do you repeatedly make the false claim that the dollar is falling? The dollar is higher now than it was five years ago. It's just about in the middle of the range that it's traded in over that time period. It's been appreciating since about mid-2011.

    http://www.marketwatch.com/investing/index/dxy
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours...[W:287/521]

    Quote Originally Posted by Samhain View Post
    All of them. There is no point in taxing a business, because those taxes are passed onto the end consumer. If we only taxed individuals income, and their benefits as income, then the tax code would be much simpler.
    If we (as a nation) are going to consider a corporation as a person, it would make sense that the corporation would pay taxes. Otherwise, if a corporation is not a person, it shouldn't shelter it's owners from liability. Proprietorships and partnerships are taxed on the individual.


    Its a support of a broadened tax base, so that means everyone pays. If all individuals paid income taxes, then you can reduce the rates overall, reduce deductions, and simplify the code while increasing revenues. If I could trade the long-term capital gains brackets for that, I would.
    There is a reason that 47% of the population pays no income taxes. Normally it is because they make so little money or have such high deductible expenses that the government recognizes that they can't afford to pay income taxes. Also, keep in mind that they pay much higher social security, property, and sales taxes relative to their income than their wealthier counterparts.

    I've always favored a wealth-based tax, where whatever you don't spend during a year gets taxed. Since a large amount of the "money" in our economy is not spent every year, this would significantly increase the tax base. Also, spending money stimulates economic growth and creates jobs.

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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    Quote Originally Posted by Deuce View Post
    Interest rates are dictated by market forces, and right now that's
    Actually, recently interest rates have been dictated by price fixing of the libor.

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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    Quote Originally Posted by AdamT View Post
    Why do you repeatedly make the false claim that the dollar is falling? The dollar is higher now than it was five years ago. It's just about in the middle of the range that it's traded in over that time period. It's been appreciating since about mid-2011.

    U.S. Dollar Index (DXY), DXY Index Quote - (NYE) DXY, U.S. Dollar Index (DXY) Index Price
    Probably because of China's recession.

    Global slowdown predicted as China records 11th month of recession | Business | The Guardian

    China?s ?5 apocalypses? signal global recession - MarketWatch
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS. #MAGA

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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    China has had a bit of a slowdown, but they are FAR from recession with a GDP growth rate between 7 and 8%. Things appear to be picking up, too. Asia Seen Nearing End of Slowdown on China Recovery: Economy - Bloomberg
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours...[W:287/521]

    Quote Originally Posted by Deuce View Post
    No, we get that benefits cost money. Thanks for this amazing revelation.

    But if paying 14 cents more per pizza at a crappy pizza chain is enough to get their employees health insurance, here's a ****ing quarter. Get the deluxe health plan.
    Be sure and send 100,000,000 quarters. Per year.

  10. #450
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    Re: Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with co

    I've got him on ignore for a reason. "Five year high" dollar doesn't mean **** compared to the last hundred years value of the dollar, of course, anyone who is looking objectively at the economy and not trying to spin bad political decisions of leadership would understand that. We have a ton of junk policy over decades from two parties and the bill is coming due, some companies are just being honest about what the worst policy in recent U.S. history is doing to the bottom line.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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