Fiscal Cliff - Explained
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My brother has a degree in finance -
he understands all this, "fiscal cliff" stuff -
I don't.
I understand it a little, better - now!
Thanks Barb!
rossfingal
Happy New Year!
he understands all this, "fiscal cliff" stuff -
I don't.
I understand it a little, better - now!
Thanks Barb!
rossfingal
Happy New Year!
Joined
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9,096 Posts
Looks like we might have a deal!
Now, can someone simplify it for me????????
http://www.cbsnews.com/8301-250_162...eal-reached-on-fiscal-cliff/?tag=breakingnews
Now, can someone simplify it for me????????
http://www.cbsnews.com/8301-250_162...eal-reached-on-fiscal-cliff/?tag=breakingnews
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Sorry!!
We can't explain it to ourselves -
How can we explain it to you!?!
Happy New Year!
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2,774 Posts
Our country went over a fiscal cliff YEARS ago.
The only way to stop this nonsense is to make ALL government employee's (that mostly means politicians):
1. Immediately be included in Social Security as opposed to the "Golden Parachute" plans they now enjoy.
2. Immediately be included in the standard health insurance plans rather than the "It's covered no matter what" plan they now enjoy.
3. Immediately suffer actual budget cuts rather than having no increases and calling that a cut.
4. Immediately suffer a 25% pay decrease.
5. Immediately suffer absolute term limits so politics would not be a lifelong occupation.
6. Immediately make PAC's illegal.
7. Immediately make lawyers unable to hold public office...:yes:
The only way to stop this nonsense is to make ALL government employee's (that mostly means politicians):
1. Immediately be included in Social Security as opposed to the "Golden Parachute" plans they now enjoy.
2. Immediately be included in the standard health insurance plans rather than the "It's covered no matter what" plan they now enjoy.
3. Immediately suffer actual budget cuts rather than having no increases and calling that a cut.
4. Immediately suffer a 25% pay decrease.
5. Immediately suffer absolute term limits so politics would not be a lifelong occupation.
6. Immediately make PAC's illegal.
7. Immediately make lawyers unable to hold public office...:yes:
ktkelly, if I could click on the 'Thank You' button a dozen times, I would. :yes:
And to toss a little fuel on the fire, they have all received (via Executive Order) a pay raise!!!! :huh: Hmmmm, that must have slipped by the main stream media as I don't recall any of them mentioning it.
http://m.weeklystandard.com/blogs/o...-members-congress-federal-workers_692223.html
Happy New Year everyone!
And to toss a little fuel on the fire, they have all received (via Executive Order) a pay raise!!!! :huh: Hmmmm, that must have slipped by the main stream media as I don't recall any of them mentioning it.
http://m.weeklystandard.com/blogs/o...-members-congress-federal-workers_692223.html
Happy New Year everyone!
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Ayuh,.... Sure,..... Yer taxes are gonno go Up....
the only question is How Much.?.?.?.?.
I like Kelly's list, especially the last point....:wink:
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I have several friends that are air traffic controllers, and I guess they will get a raise also.
There contract states that they can not make more than a US senator!!
That's insane - they probably do 10x the work with 100x the stress.
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That is a good way to explain the fiscal cliff.. Why are we in some far off desert when they can not even take care of our roadways?
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74 Posts
Wealth is based on debt, nothing wrong with that
So my company makes for example $1000 a day.
However, if starts to borrow $100 my company makes $1200
I hope I made my point.
So my company makes for example $1000 a day.
However, if starts to borrow $100 my company makes $1200
I hope I made my point.
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84 Posts
Kelly’s list is wonderful.
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