Posts Tagged ‘Purchase Car’

The National Debt

Thursday, September 17th, 2009


We have seen that the use of government fiscal policy to stimulate the economy during recessions requires that the government borrow money (mostly through bond issues) in order to finance its budget deficits. The total amount of federal government debt thus incurred – the amount of money owed by the federal government – is called the “National Debt.” By 1983 the National Debt will amount t over $100 billion, or nearly $4000 for every man, woman, and child in Canada.

The National Debt has, over the years, been the subject of a great deal of misunderstandings, fears, myths and political hypocrisy. Many Canadians believe, for instance, that the National Debt is owed to other countries and that Canada may go bankrupt because of it. Both of these ideas are myths. On the other hand, few Canadians appreciate the real dangers concerning the National Debt. We will examine first the myths, then the real dangers.

Not Enough Cash Purchase Car Winnipeg

Used  Honda Civic Kijii Auto trader Lower Mainland B. C.

real estate in Winnipeg

www.forexforexforexforex.com

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Reduction in Taxes

Monday, August 24th, 2009



 Reduction in Taxes

While traditional theory would insist that taxes be increased in order to balance the increases in government spending referred to above, Keynesian theory argues that tax increases would only depress spending by consumers and businesses, worsening the recession.
Thus, taxes should not be increased during a recession; indeed, if anything, they should be reduced, so as to help raise the level of aggregate demand. The most popular policy of this type is the personal income tax cut, intended to increase personal disposable income and consumer spending, although temporary sales tax cuts have also been used for this purpose. To promote higher levels of business investment spending, various types of tax reductions may be used, including cuts in corporate income (profits) taxes and increased capital cost allowances, which permit businesses to depreciate assets more quickly, thus reducing their taxable income an

Not Enough Cash Purchase Car Winnipeg

Used  Honda Civic Kijii Auto trader Lower Mainland B. C.

www.forexforexforexforex.com

 Reduction in Taxes

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Again It can Be Said

Saturday, April 4th, 2009


Again it can be said that the lessons of the past often bring us valuable insights into the future – this is particularly true during these times of uncertainty – even more so during  these times of appeasement and control by Mr. Obama and his host of cronies.

The past year was one of the most difficult periods for investors in over a generation – hearkening all the way back to the era of the 1930′s with the ” Great Depression”.  A whole generation – and indeed our current’s crop of socialists mentors and emphatic teachers and bell weathers had their formative period stamped indelibly on their minds , values and outlook by the events of the “Great Depression”  of the 1930′s.  Mr. Stanley Knowles , a great Canadian parliamentarian seemed to be fixated in his mind on one story of the “poverty” being that terrible that  a set of 3 brothers had only one pair of pants among them .  Hence they could only go out and look for work ( if it existed in their area)  one at a time.  Hence unemployment became the major evil in his mind.

All of this led us to where we are today.  Entitlements .  Keynesian economics .  The worst thing ever is unemployment – no matter what.  So much for the economy , its power , its health , its efficiencies.

It can be said that in the former Soviet Union everyone had a job , but no one could eat.  Long lines for poor consumer good were the order of the day.  However this system could not be sustained.  The major reason for the power of the current Russian regime is the value of its oil and minerals – and the foreign currencies that they earn from the outside.

The Bullz and Bears

Not Enough Cash Purchase Car Winnipeg

www.forexforexforexforex.com

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