Pure insanity : Pelosi : Unemployment checks creates more jobs THAN ANYTHING ELSE | |
Anonymous Coward User ID: 1022230 Australia 07/01/2010 11:41 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 700610 United Kingdom 07/01/2010 11:43 PM Report Abusive Post Report Copyright Violation | |
Fantasia II Koo Koo Ka Choo User ID: 839765 United States 07/01/2010 11:46 PM Report Abusive Post Report Copyright Violation | May 100 tarantulas infest her cunnie hair every day for the next millennia. Quoting: Anonymous Coward 700610What if she waxes? George Orwell was right..Black is White, Up is Down, War is Peace... "Never believe anything until it has been officially denied." Yesterday is history.......Tomorrow a mystery.......Today is a gift......thats why we call it the Present!!! |
MI6 User ID: 1021099 United States 07/01/2010 11:47 PM Report Abusive Post Report Copyright Violation | ** KUDOS** to the GLP poster that made a thread suggesting the situation in the states would be oh so much dire if all those benifits were to stop. But Stop they will, it can`t go on and on. Some Day will come soon when it all collapses like it would have already withput these checks.... Right on whomever you are, you were right and Nancy Pelosi agree`s. |
Anonymous Coward User ID: 1022536 United States 07/01/2010 11:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1022616 United States 07/02/2010 12:00 AM Report Abusive Post Report Copyright Violation | the us is a consumer based economy is 10% of consumers suddenly stop having money, they will be unable to spend when they are unable to spend, less money goes to businesses this in turn forces businesses to cut down on their labor costs, which means decreasing wages and/or firing employees thus causing job losses those fired employees will cut down their spending or stop spending all together if they have no money which then would lead to businesses losing money or going bankrupt all together and even more so many people would be defaulting on their loans, which would make banks eventually go bankrupt, which would force them to call their loans which in turns would bankrupt or severely dent businesses' cashflows which means more people would get fired and thus then the cycle repeats and continues that's pretty much a deflationary spiral, and this means the economy would tank like it did during the great depression of course the problem is if you do continue to spend like there is no tomorrow, then eventually the currency could potentially implode. At the very least, government debt would go way up damned if you do, damned if you dont |
Anonymous Coward User ID: 792680 United States 07/02/2010 12:06 AM Report Abusive Post Report Copyright Violation | |