Sam <[email protected]> wrote: > Hmmm, didn't Ireland build their economy in borrowed money? Meaning > they cut corp tax too low to bring in the business. You know like #2 > and now the bill is due and they can't pay it so they are borrowing > money again as in #2. > When did Ireland do the #1 >
Yes, exactly like the US. Our entire economy for the last decade is based on credit, not growth, and now we're facing the same exact decision that Ireland, the UK, and Greece are. And when did Ireland go with #1? For the last 2 years - dude got voted out over it, Massive austerity programs in Europe and their countries are in the total crapper. Platitudes-as-policy ain't gonna work here, the problem is WAY WAY too big; Ryan's plan - an actual effort - doesn't balance the budget for *25 years*! And he's a terrible person for being so austere. 25 years. And that's operating the gov't at 2% less than Regan did when we didn't have the boomer entitlements to pay for. "Business growth" ain't going to fix a problem that size, and consumers are probably decades (if ever) away from returning to the levels of cheap-credit fueled spending. In other words we're looking at a massive hole in 70% of our economy and all the businesses that go along with it. And, even if we adopted Ryan's plan right away we're in a global economy so if his plan isn't aligned with World policy then it fails too (which is the problem Germany, despite it's good books, is looking at). That whole conspiracy theory that says we're under a global government is kind of true, only the government doesn't exist, just the economy as if it did. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336241 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
