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Posted
Let's not start comparing the reagon vs clinton vs bush's years; as they each had their own time and place (different situations).  I didn't know we borrowed from the Chineese but it doesn't surprise me how they've been making boat loads of money from the amount of US relations er transactions that have occured.
Maybe. But most of their economic growth was achieved through their own efforts. The US (and the world) would be in strife if Japan and China stopped buying US debt.
Posted
I dare say it's safe to say Alan Greenspan knows more about the economy than anyone here. blum.gif

So does GWB.

I doubt it. The complete Bush administration, perhaps, but I doubt the president himself could balance his own checkbook.

Guest Recombo
Posted

The problem with the tax system is that most people who pay taxes don't realize how to go about it in a way in which they can clearly define what is taxable, what is deferrable, and what is untaxable.

 

Prudent individuals will take the time to learn a little about the tax system, read books on effective write-offs, and save a whole lot of money in April. Those same individuals take those tax savings and store them away a little bit at a time in a high interest bearing account. While they are saving and watching their taxable spending, they make plans on what to do with their savings by writing a personal or business plan. This is the common principle of modern day capitalism. Everyone has this chance in both large and small ways - it's simply a matter of knowing how to play your cards. Rich people starve, and poor people build wealth.

 

Just because you are rich, poor, or middle class does not determine your personal outcome in life. Unless your at-*BAD WORD*-ude controls you.

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