I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
We have watched roughly $20 trillion of American wealth evaporate. Loss of paper wealth in US may touch $20 trillion
BTW, Jeremy Grantham is the one who constructed that number. Jeremy Grantham - Wikipedia, the free encyclopedia
What the **** is $30 billion in infrastructure stimulus going to accomplish?
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.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911
Hacking off your arm will stop the gangreen on your pinky from spreading. However, hacking off the pinky would do the job and still give you a hand and arm to use.
This is hacking off the arm.
"I am appalled that somebody who is the nominee...would take that kind of position"
"A court took away a presidency"
"...the brother of a man running for president was the governor of the state..."
It's horrifying because Trump is blunt instead of making overt implications.
That means that Obama's tax cut would only benefit those making less than around $85k. Of course, that also ignores the 41% of people who either don't pay taxes or don't file. So, in reality, after you count the 13% of taxpayers who won't be getting anything under this provision, Obama's "tax cut for 95% of American families" would actually only cut taxes for 51% of families.In addition, there are tens of billions of dollars in differences on spending programs and even in the tax provisions. The Senate, for instance, scaled back Mr. Obama’s signature middle-class tax cut proposal, called “Making Work Pay” to save about $2 billion from the overall cost of the package.
The trims made by the Senate would mean that only about 87 percent of American taxpayers would benefit from the tax cut, with the wealthiest of those receiving only a partial credit. Mr. Obama, during his campaign for the presidency, had promised a tax cut for 95 percent of American families.
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
Correct me if I am wrong but I have also read that the bulk of the money wont be released for two years. If we could get congress back in 2012 would we be able to reverse this?
Jackboots always come in matched pairs, a left boot and a right boot.
The New Deal ran into trouble because it ran out of money 4 years in. This is a problem that will take a long time to fix, it would be shortsighted to throw all the money at the issue at the same time