Unemployment tops 10% in 16 states

Discussion in 'Politics' started by ozzmdj, Jul 19, 2009.

  1. ozzmdj
    Offline

    ozzmdj Senior Member

    Joined:
    Jul 9, 2009
    Messages:
    1,163
    Thanks Received:
    69
    Trophy Points:
    48
    Location:
    Wolf Creek, Missouri
    Ratings:
    +69
  2. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,618
    Soaking the rich by taxation has damned little to do with the current unemployment, sport.

    For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.

    Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
     
    • Thank You! Thank You! x 1
  3. ozzmdj
    Offline

    ozzmdj Senior Member

    Joined:
    Jul 9, 2009
    Messages:
    1,163
    Thanks Received:
    69
    Trophy Points:
    48
    Location:
    Wolf Creek, Missouri
    Ratings:
    +69

    These states are some of the highest taxes and regulations in the country SPORT. No one wants to start new business there.....and are moving existing business to more capitalist friendly states. GET A CLUE:cuckoo:
     
    • Thank You! Thank You! x 1
  4. tigerbob
    Offline

    tigerbob Increasingly jaded.

    Joined:
    Oct 27, 2007
    Messages:
    6,225
    Thanks Received:
    971
    Trophy Points:
    153
    Location:
    Michigan
    Ratings:
    +972
    The exodus from Michigan has little to do with the tax rate. In addition, there are huge tax breaks available for businesses wanting to relocate to Michigan.

    I say this as someone who has relocated to and started a business in Michigan in the last 12 months.
     
  5. Big Black Dog
    Offline

    Big Black Dog Gold Member Supporting Member

    Joined:
    May 20, 2009
    Messages:
    22,920
    Thanks Received:
    5,112
    Trophy Points:
    260
    Ratings:
    +5,726
    I think the 10% unemployment rate is just the beginning. I'm sure there is more to come.
     
  6. tigerbob
    Offline

    tigerbob Increasingly jaded.

    Joined:
    Oct 27, 2007
    Messages:
    6,225
    Thanks Received:
    971
    Trophy Points:
    153
    Location:
    Michigan
    Ratings:
    +972
    The 15% figure for Michigan is bullshit. It's close to 20.
     
  7. alan1
    Offline

    alan1 USMB Mod Staff Member Supporting Member

    Joined:
    Dec 13, 2008
    Messages:
    18,845
    Thanks Received:
    3,577
    Trophy Points:
    245
    Location:
    Shoveling the ashes
    Ratings:
    +3,769
    This is the weirdest recession I've ever seen. Unemployment is slightly above 10% in the city I live in, yet everywhere I go, I see people spending money like crazy. Everyday on my way home from work I pass a fairly large mall. I can see about half the parking lot from the highway. The parking lot is full everyday. It's just weird.
     
  8. Big Black Dog
    Offline

    Big Black Dog Gold Member Supporting Member

    Joined:
    May 20, 2009
    Messages:
    22,920
    Thanks Received:
    5,112
    Trophy Points:
    260
    Ratings:
    +5,726
     
  9. ozzmdj
    Offline

    ozzmdj Senior Member

    Joined:
    Jul 9, 2009
    Messages:
    1,163
    Thanks Received:
    69
    Trophy Points:
    48
    Location:
    Wolf Creek, Missouri
    Ratings:
    +69
    Just look what party run those states for decades....That tell it all.
     
  10. tigerbob
    Offline

    tigerbob Increasingly jaded.

    Joined:
    Oct 27, 2007
    Messages:
    6,225
    Thanks Received:
    971
    Trophy Points:
    153
    Location:
    Michigan
    Ratings:
    +972
    Compared to a lot of people we are financially very comfortable, but we are still trying to take out cash just twice a month (1st and 15th), and make it last for the entire month (i.e. not using cards at all in stores).
     

Share This Page