Gucci Juice
FULL MEMBER
- Joined
- May 2, 2009
- Messages
- 131
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that professor is an idiot...
yes today budget deficit is high, but that's only because economy is bad once iraq is over in 2010-2011 it'll save 100 billion a year, and also all that defecit spending will be over since economy has recovered.
and remember inflation for a few years is a good thing and that's what the fed is trying with 2-5% inflation for a few years debt is reduced by 20-25%.
and TARP 700 billion will be paid back, same with aig bailout, gm bailout, and chrystler bailout.
that's an extra 700 billion
and the home refinancing is like a mini-stimulus in itself since it allows some people to refinance saving them 100s a month.
and the healthcare thing is likely to stop a lot of people from being bankrupt and reduce their worries allowing them to spend more.
personally my parents save a high % of their income, i ask them why and they say that even though they have insurance what if they lose their job? that's the reason they save so much, this bill will reduce their worries and we already are spending a ton of money.
since september we brought:
42 inch tv
laptop
itouch
new cellphones
200 dollars worth of luggage
and we plan on buying
another laptop
sofa
an x box 360/ps2
not only that we've been traveling a lot and plan to travel 1000 miles next week.
and all this when we aren't really rich we make approx 40,000 a year.
oh and top of that i plan on going to college this year which adds another 3000 dollars (i got 18000/21000 in financial aid this year).
i think Obama is smart he's spending on higher education/domestic issues competing with other countries and spurring innovation.
and now the spending on alternative energy is like the next big boom, the new wind mill, solar, advanced battery factories wont be opened in china but here since tech is still very sensitive.
and since energy is free for these sources oil imports will be reduced thus freeing up a LOT of money to spend on other things.
when alternative energy boom is over the next frontier WILL be nano tech frontier and once again we will lead, since 90% of the most prestigious research universities/labs are located here.
and my prediction after nano revolution will be a space revolution which will ensure tech is created to explore deep space. but space revolution is 100 years away.
anyway
green revolution 30 years
nano revolution 40 years
space revolution 200 years? (if we find other planets like earth it could be 1600s-1800s all over again)
yes today budget deficit is high, but that's only because economy is bad once iraq is over in 2010-2011 it'll save 100 billion a year, and also all that defecit spending will be over since economy has recovered.
and remember inflation for a few years is a good thing and that's what the fed is trying with 2-5% inflation for a few years debt is reduced by 20-25%.
and TARP 700 billion will be paid back, same with aig bailout, gm bailout, and chrystler bailout.
that's an extra 700 billion
and the home refinancing is like a mini-stimulus in itself since it allows some people to refinance saving them 100s a month.
and the healthcare thing is likely to stop a lot of people from being bankrupt and reduce their worries allowing them to spend more.
personally my parents save a high % of their income, i ask them why and they say that even though they have insurance what if they lose their job? that's the reason they save so much, this bill will reduce their worries and we already are spending a ton of money.
since september we brought:
42 inch tv
laptop
itouch
new cellphones
200 dollars worth of luggage
and we plan on buying
another laptop
sofa
an x box 360/ps2
not only that we've been traveling a lot and plan to travel 1000 miles next week.
and all this when we aren't really rich we make approx 40,000 a year.
oh and top of that i plan on going to college this year which adds another 3000 dollars (i got 18000/21000 in financial aid this year).
i think Obama is smart he's spending on higher education/domestic issues competing with other countries and spurring innovation.
and now the spending on alternative energy is like the next big boom, the new wind mill, solar, advanced battery factories wont be opened in china but here since tech is still very sensitive.
and since energy is free for these sources oil imports will be reduced thus freeing up a LOT of money to spend on other things.
when alternative energy boom is over the next frontier WILL be nano tech frontier and once again we will lead, since 90% of the most prestigious research universities/labs are located here.
and my prediction after nano revolution will be a space revolution which will ensure tech is created to explore deep space. but space revolution is 100 years away.
anyway
green revolution 30 years
nano revolution 40 years
space revolution 200 years? (if we find other planets like earth it could be 1600s-1800s all over again)
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