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Fix the economy?

Buddies girlfriend? Most of the time large returns are due to improper scheduling of taxes on your W-2. Ideally everyone should net 0 come tax day. If you get a lot of money back from the govt all it means is your overpaid your taxes throughout the year.

No, not at a net of 0. I'm saying that she gets back like 5-8k after paying in virtually zero. And she is not the only one I have heard of that this is true for.
 
18 million U.S. households struggling to feed families.

becuz if you work you cant get foodstamps and free healthcare.
 
18 million U.S. households struggling to feed families.

becuz if you work you cant get foodstamps and free healthcare.

That healthcare might be free for some, but since you and I choseto get up and go to work this am I am guessing that we paid for a few others to get some of that free healthcare.

I also thought this free health care was supposed to lower my rates, it has increased by thirty percent each of the last three years.

I cant afford anymore FREE stuff.

A
 
what? Where did I ever say I made 5 million? I have clearly stated on this very thread I am a college student so obviously I do not make that much, I said IF.

and Oregon, that is good for you. After I finish college and have a couple of years at work I too will hopefully be in a great position such as that I can go travel at my leisure. At age 59 I would hope that you could teach me something or other, and I will gladly listen to anything you have to say.

But what I said isn't a smokescreen and I agree that while it does not make a difference currently(16T in debt) in order to balance the budget we will need to get a new tax system. I think a flat tax for all incomes is necessary so EVERYONE pays their fair share, but hey that's just me.

Dude, a couple of years at work? Try 20 or 30. THEN you can be entitled to being in a great position and maybe travel at your leisure. God, all of you helicopter kids are so brainwashed coming out of college! You get your degree, you start at the bottom of the totem pole (not the corner office) you work your @$$ off on your way up and prove yourself and someday, maybe, you'll get to retire. Until then you're "entitled" to nothing.
 
Dude, a couple of years at work? Try 20 or 30. THEN you can be entitled to being in a great position and maybe travel at your leisure. God, all of you helicopter kids are so brainwashed coming out of college! You get your degree, you start at the bottom of the totem pole (not the corner office) you work your @$$ off on your way up and prove yourself and someday, maybe, you'll get to retire. Until then you're "entitled" to nothing.

Ummm, I'm sorry what happened to dream big? I'm 18. The fantasy of having a good life after school is about the only thing getting me through :face-icon-small-win.

But lets say I was serious. Who do you think you are to tell me what I will or will not have when I finish school and work a couple years? Do you not know of anyone who has worked their *** off for 2-3 years and made it big after a couple years? This is America land of opportunity, anything is possible I could land a sick@ss job and make bank who knows. The phrase work smarter not harder comes into play here methinks, but who knows I'm just an ignorant kid :face-icon-small-con
 
But lets say I was serious. Who do you think you are to tell me what I will or will not have when I finish school and work a couple years? Do you not know of anyone who has worked their *** off for 2-3 years and made it big after a couple years? This is America land of opportunity, anything is possible I could land a sick@ss job and make bank who knows. The phrase work smarter not harder comes into play here methinks, but who knows I'm just an ignorant kid :face-icon-small-con

Yes aim high, but your above example is the exception not the rule.

I would highly recommend you read / listen to the book "The Millionaire Next Door". It might help to put some things into perspective about becoming rich and becoming more than "big hat, no cattle"... lol
 
Unemployment, Jan of 2009 7.8%, now 8.3%.

Median Income, Jan of 2009 $54,983, now $50,964.

Gasoline / Gallon, Jan of 2009 $1.84, now $3.82

National Debt Jan of 2009 $10.6T, now $15.9T

Tomorrow we will hit $16 trillion in Debt.

The price of gas is complete BS. Lets see what gas looks like in January of 2013. Fuel prices always fall around an election. Bush had an average price of fuel of over $4 a gallon while he was in office. Sick of hearing the fuel prices for the ONE time they were actually reasonable it people thinking it wasn't too bad.


S&P 500 and Dow Jones are both at 4 year highs.



Good read on our economy with unemployement:

http://www.npr.org/blogs/money/2012...oure-all-powerful-its-hard-to-fix-the-economy

Even If You're All-Powerful, It's Hard To Fix The Economy

The world inside Mark Zandi's computer model feels pretty familiar. It's full of people who are worried about the economy. Their homes are being foreclosed on. They're paying more for gas. Something like 13 million of them can't find jobs.

Zandi is the chief economist at Moody's Analytics, and he built his model to predict what's going to happen in the real world. When he plugs what he thinks is going to happen in the real world, his model spits out a pretty grim result: Four years from now, the unemployment rate will be 6.6 percent. That's lower than today, but still much higher than the 5 percent rate that was typical before the recession.

I recently sat down with Zandi, and gave him a challenge: Fix the economy in the world inside your computer. Try to ensure that, four years from now, the unemployment rate inside the computer will get back down to 5 percent.

Zandi starts big: He fixes the U.S. government. Republicans and Democrats work together to agree on a long term plan to deal with the country's debt through a mix of tax increases and spending cuts.

The computer chews on this unlikely event for a few seconds, solving equations, calculating some 1700 variables. It tells us that, four years from now, the unemployment rate will be 6.1 percent.

"Still uncomfortably high," Zandi says.

Next up: Gas prices. Zandi brings down the price of a barrel of oil by about $20. The price of gas in the U.S. falls to $3 a gallon.

This, sadly, only reduces unemployment by a tenth of one percent. Zandi's not surprised.

"Gasoline prices are outsized in our thinking," he says. "But when it comes down to brass tacks. still a small proportion."

On to Europe.

Let's make sure the euro survives. Inside Zandi's computer, the European economy is going to grow. Not grow like crazy, but grow more than it's growing now. That means more U.S. exports to Europe. And it means that U.S. unemployment four years from now will be 5.9 percent.

Still too high. In fact, It is surprisingly hard to get back to a 5 percent unemployment rate in the world inside Zandi's computer.

But we keep trying. We boost home prices by 10 percent. We make banks lend out more money. We raise consumer confidence. We still can't get to 5 percent unemployment. It's time to get crazy.

We make people not just confident, but super confident. We cut the price of a barrel of oil in half. We give Europe a spectacular recovery. China keeps growing. Africa takes off.

We let the computer rip. In 2016, it tells us, the unemployment rate will be 5.2 percent. No matter what we do, we can't seem to get the unemployment rate down to 5 percent.

"What's happening is the economy is reaching its new limits," Zandi says.

This is something I hadn't really appreciated before. When you go through a really big, catastrophic recession, it's not always possible to fix things.

Millions of people lost their jobs in the recession. At the same time new high school and college grads started looking for jobs.

The economy just can't grow fast enough to absorb the backlog. Zandi says we'll have an extra million or two million people looking for jobs, and unable to find them.

"We dug ourselves a huge hole," Zandi says, "Its gonna take a generation to get completely out of it."
 
But we all know the educated liberal bias of NPR right? That is why a certain group has been trying for years to defund it.

What a ludicrous Idea.
<O:p</O:p
(Zandi starts big: He fixes the<ST1:p</ST1:p government. Republicans and Democrats work together to agree on a long term plan to deal with the country's debt through a mix of tax increases and spending cuts)
<O:p</O:p
How will this work exactly??? there is only one group that knows all the answers. We just need to throw everyone that isn’t part of that single group out of <ST1:pWashington</ST1:p. Let them Lower taxes on anyone that has a Swiss bank account and raise them on everyone else, increase military spending because we all know how weak our military has become. A prime example would be they can’t even protect four people in a small complex from being over run with rifles and hand held grenade launchers. How weak is that I ask?? To prove that we are not weak just big bullies in the world they would drop a-bombs on small militant groups who disagree with our foreign policies. They could drop all the restrictions on Wall Street so people can freely gamble with the worlds economy to make billions to add to the US economy. <ST1:p</ST1:pThey could drill every last reserve of natural resources that there are on the planet and send it out on the worlds open market to add even more money to the US economy.
<O:p</O:p
Now on the home front they just need to revoke women’s rights so they can’t vote even on things that concern their own bodies. They don’t know what they want anyway and have already messed everything up in this country right?. We need them barefoot and in the kitchen cooking for us when us real men come home for working hard counting our money. Oh I almost forget the icing on the cake would be to defund any sort of public education so that the lazy populous wont know how badly they are getting screwed and will be grateful for what little they have. Of course we would need to funnel some funding to private schools we wouldnt want our own childern being stupid right They need to be able to manage our estates after we are gone right.<O:p</O:p
Come on <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com
><st1:country-region alt=
</st1:country-region>America wake up to how good things could be if we just let the people who know all the answers back in and kick everyone else out of <st1:State w:st="on"><ST1:pWashington</ST1:p</st1:State> so they can get to work. I am sure within 6 months this unemployment rate would be down to 0 and everyone one will be millionaires. just picture it can you?? how sweet thing could be if only.....
 
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