Great Socialist Victories Raise 4th Qtr GDP While GOP Loser Sucks Up Only To Rich!

[mascale]

Romney famously won among his rich and old friends(?) in Michigan, and mudhen-flapping, war-believer, Senator McCain delivered the rich and old in Arizona--or at one or another of the houses, somewhere(?)!

Possibly the GOP would reflect back to the apparent. . .helpful jobs(s). . .and tasks that Sarah Palin performed only four years ago, when she was still. . .relevant.

This comes only one week after the World Bank, unable to do math, tried to heap scorn on the actually functioning economy of Communist China.

So now in America, there is prosperity also(?)! This comes after the mega-intervention, (Ivy-League inspried, and created, and. . .blown out of all proportion(?))!

Fourth-quarter economic growth revised up | Reuters

Greece the World Bank understands: Where accounting is as stable as the taxes that never get collected!

"Crow, James Crow: Shaken, Not Stirred!"
(The European Soveriegn Crisis still a reminder of the need of the Final Solution To The Presbyterian Question: "Just Where Is All This Money Going To Come From?!")

 

[TakeAStepBack]

And the visual evidence is a lady buying a fucking screwdriver at home depot with a plastic card?

 

[mascale]

Unlike their Euro-counterparts, the Obama Administration is actually able to collect taxes, keep books, and seek broad consensus on borrowing and spending limits.

The most famous example, nowhere widely noted, was the "Make Work Pay," more or less equal amount refundable Tax Credit. Even Presbyterians believe that a price rise for one, is classically a price rise for all: If the classicaly, Presbyterian, Supply and Demand price model is followed. Mostly, Jews Catholics, and Moslems--and most of the planet--knows that real street markets are not like that, at all. Prices are haggled. The stuff is either rotten, or edible. Freedom is like that.

In fact, the tendency to raise incomes a fixed pecentage takes money away from the market, and markets then collapse. The most famous recent example is the bundled mortgage crisis. The mortgages were let that could never be repaid.

So The Obama Administration actually did some math, and put an equal-amount, cost-of-living-adjustment, into the U. S. federal income tax code. One had been put there before, but more in the Euro-tradtion. The Raised and Indexed, Standard Deduction and Personal Exemptions of the 1986 U. S. Federal Income Tax Reform: Only affect tax rates. Eventually, the collections became insufficient, and famously now: The United States Tax Code mainly operates like Greece, but in statute instead of in cultural tradition. Nearly half the income tax filers have no liability for income taxes at all! The Ivy League was able to do that.

Real Greeks do not pay income taxes. In fact, former Republican Vice President, Spiro Agnew: Could even chalk it all up to the "Nattering Nabobs Of Negativism," when the satchels and briefcases of the Nixon Administration: Were a veritable treasure store, in history.

Markets need money to work. Even Nixon's, Committee to Re-Elect The President, "CREEP(S)!" knew a great deal about how to keep the money out of the freezer compartments of America, and put into the criminal hands where it belonged(?)!

Hoarding is actually not good for a market economy!

In response, the Republicans took the money away--like they do. The Make-Work-Pay-Income-Tax-Credit is gone. It was otherwise an adjustment for the increased costs-of-lviing.

"Crow, James Crow: Shaken, Not Stirred."
(Currency of White Eyes now worthless for gift of Presbyterians: To Lands of Many Nations. . .imported from Scotland. . .north of London. . .of Reservation Lands for Tribe of Windsor(?)!)

 

[Soggy in NOLA]

And the visual evidence is a lady buying a fucking screwdriver at home depot with a plastic card?

No shit... Mascale's dumber than a bag of hammers.

Shall we call this the "Screwdriver Recovery"?

 

[mascale]

S&P Noted even that the potential default of the U. S. Federal Government was largely the insistence of the Republicans on the Bush Tax Cuts. Even now there is a rip-roaring stock maket going forward, which won't help pay for the federal government that helps to keep it going forward. There are no virtually no tax collections from the rich at the 15% long-term gains rate.

Even Warren Buffet can therefore afford a secretary, and maybe an office--and an internet conection. That is not a pump-priming kind of spending program for a market.

Nearly half the income tax filers have even less income tax liability than that. Those filers likely can ill-afford a tax hike, taking more money away from the market.

Even S&P has learned to count, even way before the Europeans.

"Crow, James Crow: Shaken, Not Stirred!"
(White Eyes send in Mr. Ed. . .or maybe Mr Ben. . .To do their arithmetic, now(?)! Hmmmm!)