Where is the US economy headed?

this was not quite enough to buy a loaf of bread in germany towards the end of the inflation in 1923 .
my grandmother had a whole stack of them and as kids we used it as playmoney .
hbg

http://www.geldscheine-online.de/inflation/96b-v.jpg

btw. they were printed on one side only to speed up the printing process .

***please don't consider this as a serious comment !

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U.S. Markets Surge on Prosperity Jitters

(2008-03-18) ?- U.S. stock markets roared back today spurred by investor fears that American growth, employment and productivity may continue at world-beating rates into the unforeseeable future.
Prosperity jitters rocked the market with Wall Street investors worried that, as one trader put it, "Tomorrow might be better than today, American ingenuity might solve our current challengesand then how would I feed my kids, and fuel my Bentley."

Throughout the financial world, many analysts woke up to the fact their entire lives are based on investing in gossip, guesswork and greed, and wagering against their own neighbors and friends.

"It just struck me," said one unnamed stock trader, "I come out here each day and bet against the greatest creative minds, and the most gifted and diligent workforce ever assembled in one nation in history. I'm thinking of giving it all up to start my own business selling crack to school kids."

http://www.scrappleface.com/?p=2867

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Things are good for some of us in the Market...

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It's a day traders market. The higher the mountains, the lower the valleys, the more profit exists Shocked

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India and China know that pure, uncontrolled market economy will not survive for long..
Germany wish to follow the foot path of Indian and Chinese economy.

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Right now, the world market is driven by capitalism. Until something else comes along and pushes it out of the way - well, India and China are just using capitalism. The World Order is in control, no country! If you want a part, Buy in the valley, Sell on the mountain tops.

http://msnbcmedia.msn.com/i/uclick/ad080319.jpg

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Perhaps.
But the mission is not yet achieved
and the path is not yet paved.

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Ramafuchs wrote:

Perhaps.
But the mission is not yet achieved
and the path is not yet paved.

And, that will be true until infinity.......

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Ramafuchs wrote:

Perhaps.
But the mission is not yet achieved
and the path is not yet paved.

Rama, If you haven't figured out that change happens every second of every day - while we are amongst the living - you haven't learned much.
Change is a constant.

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C I
Regards at first.
I uphold Change and I admire the development.

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Ramafuchs wrote:

I uphold Change

An Obama supporter?

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Change is not a slogan
and Obama is not my choice

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Ramafuchs wrote:

Change is not a slogan

Not according to Obama.

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Miller
the subject of this thread is not about an innocent corporate puppet but about US economy.

As a well-informed participant of this A2K forum
you know that I am simple in language
and serious in my critical observations.

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Ramafuchs wrote:

Miller

you know that I am simple in language

That I do.

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Here is an interesting article about corporate taxes.

And there are still some people saying that corporations dont pay enough in taxes...

http://www.taxfoundation.org/publications/show/23015.html

New Study: U.S. States Suffer as They Become Biggest Corporate Taxers in the World

Quote:

Combined with federal tax, corporate income tax in most states is world's highest

WASHINGTON, Mar 18, 2008 - A new study from the Tax Foundation, a nonpartisan tax research group in Washington, shows that most American states tax job providers at a higher rate than any other country in the developed world.

"This is startling news for America's businesses and workers," said Tax Foundation president Scott Hodge, the study's author. "Tax competition for jobs and investment is fierce, and the U.S. continues to fall further and further behind. Our states should be the world's leaders in many things, but high taxation should not be one of them. The high federal corporate tax rate is literally crushing states' competitive abilities. That means fewer jobs for American workers."

Quote:

This new study breaks the tax down state-by-state, adding each state's corporate tax rate to the federal corporate tax rate. The results show that 24 states impose, when combined with the federal rate, a higher business tax rate than in any other nation. In fact:

24 states have a combined corporate tax rate higher than top-ranked Japan.
32 states have a combined corporate tax rate higher than third-ranked Germany.
46 states have a combined corporate tax rate higher than fourth-ranked Canada.
All 50 states have a combined corporate tax rate higher than fifth-ranked France.
"If federal lawmakers are serious about making the U.S. corporate tax system more competitive globally, they will have to partner with state officials to lower the nation's overall corporate tax burden," Hodge added. "Likewise, state officials should have a vested interest in cutting the federal corporate tax rate because there is only so much they can do to improve their own competitiveness. After all, even corporations in the three states that do not impose a major state-level corporate tax?-Nevada, South Dakota, and Wyoming?-still shoulder a higher corporate tax rate than France, and 25 other major countries, because of the 35 percent federal corporate rate."

So knowing this, why do some dems say that the corporate tax rate still is to low?

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No one is interested with the manipulated Market Economy.
Most of US are fed up with U

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Ramafuchs wrote:

Most of US are fed up with U

Excuse me, most of us are fed up with who?

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Maket Economy
Soup kitchen economy
Barbaric economy
banal economy
Inhuman Economy
indecent economy
------------------------- exported by the criminals

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mysteryman wrote:

Here is an interesting article about corporate taxes.

And there are still some people saying that corporations dont pay enough in taxes...

http://www.taxfoundation.org/publications/show/23015.html

New Study: U.S. States Suffer as They Become Biggest Corporate Taxers in the World

One of the reasons I favor eliminating corporate taxes, and also why Huckabee had at least one good idea in favoring the fair tax. Businesses simply pass taxes onto the consumers anyway, so it is a meaningless game the government plays in taxing corporations. And where U.S. corporations pay high taxes and where they also compete against products made in other countries not subject to the same taxes, they lose business and this country loses business, employment, etc.

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Where is the US economy headed?

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