A Hopeful Tuesday

Phanuef you know we beat a dead horse till it’s red mist on these boards.

Yes, I know, even though I don’t comment a lot, I read almost every post and a lot of the time is repetitious BS.

That shouldn’t be to hard being that Herr Burger IS a rank amateur. Oh i miss the days of dissing crappy writers and TV personalities. Bring hockey back soon, please.

Phanuef, they legalized pot in Washington and Colorado. 

Tyler Cuma ‏@TCuma61
Seems the meetings yesterday went well between the NHL & NHLPA. Lets hope todays meetings have the same positive outcome

Tyler is a pro player with the wild . He might have gotten some positive feedback from the team rep.

I’m surprised you can type or are you using voice recognition? Business and Euro’s usually means copious amounts of libation.

 Hate to disagree… you dont build the middle class or create jobs by debt burdening and lowering average household income.. it needs to grow. 

Proof-  http://www.ft.com/cms/s/0/ed14fc70-fc51-11e1-aef9-00144feabdc0.html#axzz2BZ2tcirC

Lowest household income since 1995…

Secondly- you dont control your own destiny in the long term but destroy a middle class by adding the debt per person over 8 years..  Currently the USA has not only increased their debt to over $16 trillion with expectations to have it over $20 trillion before Obama leaves office but it already owes over $4.45 trillion or quarter of its debt to foreigners…

The average person will owe another $24k each.  Also, the current interest cost of debt is $250 billion.. It will be $375 billion on $20 trillion of debt.. What will it be when the world economies finally grow and interest rates rise??? interest cost alone at say $400-$500 billion.. That would be 20% of current income at current levels.. so say 15-17%.. It is already 10.4% .. Greece is below 20% and will be 20% next year..

Get the picture.. it is the fall of the Roman Empire/USSR… they are fucked if they dont cut expenditures now.

They simply have to get over the hang up about taxes . They are going up whether they like it or not 

I keep reading little bits about how NBC is pressuring the NHL to get a deal done.

sorry meant to say they are pompous asses

Exactly. If they sin taxed like Canada. Beer, Smokes and now Pot they could raise a ton of new revenue. And if they just delayed their Advanced fighter jet program they could help out several economies worldwide.

 Cant raise revenue that much..  total revenue from all individual taxes is only 1.1 trillion.. to get it from individuals you have to double the tax income.. if you take if from the corporates you stuff jobs.. have no employment, no consumers and no sales/taxes.. if you take if from the individuals, no consumer spending and no corporate income.. – raise taxes by max 10%.. .. so that means 18 billion from corporates and 110 billion from individuals.. .. still need to cut spending by over 900 billion..

REVENUES THROUGH SEPTEMBER
(Billions of dollars)
Major Source
Actual
FY 2011
Preliminary
FY 2012
Percentage
Change
Individual Income 1,091 1,129 3.4
Social Insurance 819 850 3.9
Corporate Income 181 242 33.7
Other 211 229 8.6
Total 2,302 2,450 6.4
Memorandum:
Combined Individual Income and
Social Insurance Taxes
Withheld 1,709 1,754 2.6
Other 201 225 12.1
Total 1,910 1,979 3.6
Sources: Department of the Treasury; CBO.