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Head-Banging Revisited; Obamas 'Have-It-All' Budget; Mish Proposal


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2015 Feb 5, 6:24pm   2,482 views  6 comments

by Mish   ➕follow (3)   💰tip   ignore  

Head-Banging Revisited; Obama’s 'Have-It-All' Budget; Mish Proposal
http://globaleconomicanalysis.blogspot.com/2015/02/head-banging-revisited-obamas-have-it.html
Mish

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1   humanity   2015 Feb 5, 6:48pm  

Mish Proposal

I would readily make concessions if I got something significant in return. Here's my bargaining list.

1 End collective bargaining of public unions
2 Pass national right-to-work legislation
3 Scrap prevailing wage laws
4 Allow states and municipalities to go bankrupt
5 End all tariffs and subsidies

Back to your idiocy again ?

I see. Maybe it was all the plan back in 1980

"We'll have amazing growth in investment. We'll undertax upper increments of inome, and investments, and cover healthy government spending with debt (healthy in the sense that it's a big part of GDP - money mostly goes to peoples salaries, and they spending it on living decently - which in turn comes back to the investors).

Who gets stuck holding the bag ? THe worker. In 30 or 40 years well just fuck a lot of them out of the pensions they were promised (which the dirty peasant don't deserve anyway). At that point the economy will be more automated, and we will have exported the whole manufacturing sector, and we'll lower the wages of all our workers down to slave labor rates. We'll build some slums for them to live in, and fortify our gated communities, and everything will be hunky dory.

Just the way America is supposed to be."

2   Vicente   2015 Feb 5, 7:23pm  

Imagine for a moment that Mush is wrong. Oh wait, you don't have to, he's been wrong for 5+ years now on nearly every prediction.

4   HydroCabron   2015 Feb 6, 10:58am  

Cut taxes, boost military spending, and you'll have all the revenue you want for any purpose.

6   indigenous   2015 Feb 6, 12:27pm  

If they just did #5 on Mish's list the economy would sky rocket.

O is one stupid fuck.

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