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Tax Hikes and the 2011 Economic Collapse
Message
From
08/06/2010 15:49:03
 
 
General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
01467744
Message ID:
01467993
Views:
37
>Arthur Laffer writes about one of the main impetus' of my tick...tick...ticking in an opinion piece today.
>
>http://online.wsj.com/article/SB10001424052748704113504575264513748386610.html
>
>For all the headlines the Euro meltdown, the PIIGS coming default(s) and Gulf oil spill are generating, the main impetus for my belief in an inevitable double dip recession and possible recession lie on two main factors. 1. US government spending as a ratio of GDP is about to achieve critical mass and the current elected representatives are accelerating the problem. 2. The largest tax increase in US history begins Jan 1, 2011.

Here's an article from Saturday regarding factor 1.

Prepare NOW: They get it
http://market-ticker.denninger.net/archives/2375-Prepare-NOW-They-Get-It.html

the ticking must be getting louder...people are starting to write about it...
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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