I cannot make a comment to the question/point about how far too look ahead as I do not remember☺..Hint: I took an economics course in community college over three decades ago that delt with this. Maybe some "bungee cord economics majors" will post the perfect storm... ES
three decades ago? Man you really were a savant weren't you? What happened? "I don't know, he entered college when he was five and seemed to be doing just fine, then he got married and became I don't know, just sort of normal again."
Any solution that does not par down the 1 Trillion in annual war spending is delusional. Surprises me how any individual can take to the streets complaining about little old ladies getting few hundred in supplementary support and completely ignore excessisve war spending.
what happened? I lost my mind. but what do you think about the OP's four things?...or wait let me go review this thread...maybe you commented. here it is...(wow you are busy!) http://www.elitetrader.com/vb/showthread.php?s=&postid=3548711#post3548711 ES
it could stop. if we stopped the crazy spending, the crony capitalism, the lobbying and the personal income tax.
it aint easy, I start subscribing to threads on Friday night, and just keep posting bullshit all day Saturday, so I can have something to read on Sunday when I'm waiting for forex to open. I hold over the weekend, so you never know how the gap at 17:15 est is going to be. I suppose it's still cheaper than taking a junket to Las Vegas and putting it all on Red (or Black, that really is the question.)
I look forward to next weekend ☺ (There is an honest answer/comment). I check the obituaries daily to make sure I am still alive.
4 things US can do to roar the economy a) slash the defense budget by another 20-50%. Savings $100 to $300B a year. b) Reverse Bush era tax cuts on rich 5% group. c) Increase the tax rates on corporations by even 1 to 2%. US corporations are sitting on 3T+ cash on the balance sheets, so it won't hurt them much d) Install another 1 to 3% tarrifs on imported good from MFNs like China and Japan. Channel the revenues to new tax credits on middle and poor class via programs that would further help the economy in a chain reaction.