So Oregon wants to raise the per barrel tax from $2 to $47?

[mmb]

lower taxes & bailout to the tune of 1.5 trillion?

The math does not add up.......where does the money come from? We can just print more, right?

When they talk about monetizing the debt, they mean releasing more money into the system. By printing it. One dollar doesn't really have anything behind it except what the US says it is worth and what the world thinks its worth.

More of anything decreases the price per unit. Supply / demand.

This is a scary time and nobody really knows whats going on, as no one has had to do anything like this before.

 

[dontman]

400 - 500 % markup from manufacturing cost to retail store price is perfectly within reason. If the cost as Harv says is $.82/ six pack to the manufacturer than you could certainly expect to see a $4 bump in retail price.

 

[dontman]

as no one has had to do anything like this before.

there is precedent as FDR attempted to "stimulate" the economy out of the Depression by pouring an avalanche of money into government backed programs such as the TVA among many others. The results were disastrous for the economy and plunged the country deeper into inflation and unemployment.

It took WWII and the montrous shift to a wartime manufacturing economy to break the stranglehold of the depression.

This barrel tax will temporarily increase state tax revenues until the manufacturers begin to layoff employees, close up shop, and/or move out of state to cope.

 

[mmb]

It's been proven through research that FDR fiscal policy didn't help at all. It was the Feds monetary policy that made the difference.

Victory gardens and essentially zero unemployment during the war didn't hurt either.

 

[SGT-RIEL]

All I know is everyone is being scared into believing that our country is about to go down the drain. They are being backed into a corner and told that we do this or else. Bottom line is this stimulus plan is a bunch of special interest and pet projects that would have otherwise been put by the way side. The government and president are using the term stimulus to hide what it really is. There are billions in stupid crap like honeybee insurance. Over 90% of this country that is able to work does, things are not as bad as we are being led to believe. There are over 3 trillion more dollars in "strategies" to fix the credit market, and the housing market.

 

[Rhymenoceros]

The massive amounts of pork in these bail outs is nauseating.

but back to the issue at hand, if any one wants to fight the beer tax raise, more power to them.

 

[desertbronze]

It's been proven through research that FDR fiscal policy didn't help at all. It was the Feds monetary policy that made the difference.

Victory gardens and essentially zero unemployment during the war didn't hurt either.

Amen, brother! Put more people to work. Encouraging private enterprise to expand and create jobs will straighten out this financial mess. Long-term some major changes are needed.

 

[SGT-RIEL]

I'm gonna run out of brew fast if this thread keeps going.

 

[brewmasterpa]

actually, thats exactly what theyre doing, theyre just printing more, which is going to spur massive inflation with a stagnant economy. whats that called.........stagflation, we had it with carter, we had it with fdr. two things, world war 2 fixed it after fdr, and reagonomics fixed it after carter. whos going to fix it after obama???? and by the way, the tax cuts of the last 8 years caused the highest down jones industrial average ever in its history, it caused the highest gdp in history ever, it caused the lowest unemployment in history ever, it caused the highest foreign trade confidenece ever, it made the usa THE ONLY superpower in the world, it stabilized world markets, especially japan and ireland. lemme tell you what caused the mess were in now.........the dems elected in 2006. notice thats right when everything started to change for the worse???? theres a lot more specifics id like to get into, but this is not the thread nor the blog for it. just keep in mind, cutting taxes fixes free market economies, spurning socialism destroys free market economies. and which one are we???

 

[BierMuncher]

Done.

Conduct political debates in the debate forum.

Leave the technical forums alone.