tough times in 2013 due to tax hikes and rising prices.

[VerbalIntercourse]

Analysis: Americans to face tougher 2013 on rising prices, taxes | Reuters

well intentioned liberals do nothing but destroy.

But an expiration of payroll tax cuts in early January and a spike in food prices could wipe 0.8 percentage points off U.S. economic growth next year, according to some economists.

Still, loss of the payroll tax cuts would be only one aspect of the "fiscal cliff," a popular name for automatic across-the-board spending cuts and tax increases that would suck about $600 billion out of the economy next year.

Stagflation and tax hikes during an economic bad time... smells like carter

 

[FAH1223]

Analysis: Americans to face tougher 2013 on rising prices, taxes | Reuters

well intentioned liberals do nothing but destroy.






Stagflation and tax hikes during an economic bad time... smells like carter

solution is to increase spending and cut taxes

 

[TLR Is Mental Poison]

Ay Zeon wasnt it the Republicans crying about the 47%

Now measures are in place to broaden the tax base and bring effective rates up from the record lows they are at and they want to complain about that too

Give me a break

 

[john goodman]

You may be right friend

We need to attract manufacturing jobs... Do whatever it takes !!

If not we're fukked

 

[Dusty Bake Activate]

Stagflation and tax hikes during an economic bad time... smells like carter

Lol!...you said stagflation was right around the corner 4 years ago.

 

[john goodman]

But now we're looking at the fed purposely bringing on inflation

If our inflated currency isn't enough to attract manufacturing jobs we will have stagflation

Immigration policy needs to be fixed... We need to take everyone else's top engineers. Congress and the pres need to get together and bend over backwards for manufacting

Real estate market finally growing again isn't enough to keep the lights on friends

 

[TLR Is Mental Poison]

We def need to simplify the tax code. I have said before eliminating all business/corporate taxes would do a lot to help our competitiveness, and the changes could be made in a way that would generate revenue (even before the anticipated GDP growth)

I still dont think manufacturing is the way out though. I said it like 3000000 times. The jobs that are out there are not the jobs we want to bring back. You can't have first world prosperity with third world labor. Plus we have a good manufacturing sector here, but its very technical and highly automated. The way forward is through skills and degrees relevant to fields of growth... IOW STEM jobs.

 

[Dusty Bake Activate]

We def need to simplify the tax code. I have said before eliminating all business/corporate taxes would do a lot to help our competitiveness, and the changes could be made in a way that would generate revenue (even before the anticipated GDP growth)

I still dont think manufacturing is the way out though. I said it like 3000000 times. The jobs that are out there are not the jobs we want to bring back. You can't have first world prosperity with third world labor. Plus we have a good manufacturing sector here, but its very technical and highly automated. The way forward is through skills and degrees relevant to fields of growth... IOW STEM jobs.

*Waits for @LeyeT*

I agree that those low-skilled manufacturing jobs aren't coming back. There's no economic incentive for companies to bring a lot of those jobs back. And we still have high manufacturing output. We're just making microchips instead of toilets and doing it with less manpower and cost.

But how do we have a viable middle class through just low-paying service jobs and ones that require skills and education? The education system is People of lower income at an obvious disadvantage. Everyone isn't smart or capable enough to get a STEM degree. Are we just destined to have vast income equality, poor upward mobility, an overburdened welfare state, and a middle class that's mostly struggling to keep their heads above water?

 

[TLR Is Mental Poison]

I don't think so. STEM does not necessarily mean a doctor or engineer. It could be a medical assistant or cable technician. I agree though that our education system is and a huge part of the problem. I said before though to little fanfare that Americans these days are scared of hard work. Everyone isn't meant to be a STEM major. But I think a lot of folks who could go that way don't. The glut of female engineers here is proof. Eastern Europe has hella female engineers. I don't think they are inherently smarter than Americans. They just work harder. So there's a voluntary element that I don't know if any proposal can fix. Theres a lot of systematic shyt but Americans also need to try a little harder.

 

[john goodman]

The majority of Americans are idiots

It was meant to be that way, their ancestors came here to farm or do factory work... If that's not an option they are shyt out of luck... Only so many service jobs

 

[Dusty Bake Activate]

I don't think so. STEM does not necessarily mean a doctor or engineer. It could be a medical assistant or cable technician. I agree though that our education system is and a huge part of the problem. I said before though to little fanfare that Americans these days are scared of hard work. Everyone isn't meant to be a STEM major. But I think a lot of folks who could go that way don't. The glut of female engineers here is proof. Eastern Europe has hella female engineers. I don't think they are inherently smarter than Americans. They just work harder. So there's a voluntary element that I don't know if any proposal can fix. Theres a lot of systematic shyt but Americans also need to try a little harder.

Even if someone becomes a medical assistant or learns some other technical trade, that requires some schooling. No Rick Santorum, but I think asking everyone to pursue higher education, with the cost of tuition, is a pretty tall order. Student loan debt is already bloated. A lot of people are just scraping to get by.

 

[TLR Is Mental Poison]

Tuition is def an issue. But people have to do something. The # of jobs a HS graduate can support themselves with is shrinking by the day. And high tuition is completely a product of the govt's subsidy of the student loan market. The govt is writing colleges a blank check and sending students the bill.

 

[Mr. Somebody]

More reason to settle down with someone you love and care about. You literally wont be able to afford to be demonic soon.

 

[88m3]

I hope everyone suffers insurmountable amounts of pain due to these draconian measures.

 

[Mr. Somebody]

I hope everyone suffers insurmountable amounts of pain due to these draconian measures.

You're everyone. Pain will make you tread backwards on these demonic statements friend. Lets avoid wishing hurt on one another because ultimately, we have created something in the environment that will instead, crush us like asteroids.