Economy, rant Options

[Hanyo]

I was reading an artical in USATODAY. It talked about taxes increasing and house prices increase.


http://www.usatoday.com/news/nation/2005-0...es-inside_x.htm

anywho, like wow.. what the hell is going on? when is this real estate price hike going to go back down? Anyone have a econ degree and explain some of this?

[asg14]

Supply and Demand, if people are willing to pay it, it will keep going up!

[jgreening]

Supply and Demand, if people are willing to pay it, it will keep going up!
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This should clear things up. Any more questions? .

[asg14]

Supply and Demand, if people are willing to pay it, it will keep going up!
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This should clear things up. Any more questions? .
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hahaha, I am a senior in business, lol.

*Edit But I still got a D in both my economic classes........go figure

This post has been edited by asg14: Mar 15, 2005 - 2:18 PM

[Cody]

Solution: don't live on the East or West coast.

[saleeka]

ehh, housing costs here in the twin cities has doubled in the past 10 years, so its not like its a rare problem... This is what happens when people's salaries dont rise with the rate of inflation

[DamDirtyApes]

the taxes in the us is low compared with alot of countries....

[Cody]

That's because in other countries...like Switzerland for example, the government takes care of EVERYTHING for you. Healthcare, housing, school, everything. In the end, it evens out.

[BlackSTX]

Supply and Demand, if people are willing to pay it, it will keep going up!
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Nope, more complicated than that. The government is spending WAY too much money, which leads to inflation, which leads to higher prices to compensate. That's why the price of everything is going up! Even places with low demand. Inflation is an indirect tax, because you will have to pay more for products because of government spending. Until Georgie Boy can control his spending, the prices will continue to go up. That's why a rich kid shouldn't be president, they don't know how to manage money.

[Digndoug]

Supply and Demand, if people are willing to pay it, it will keep going up!
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Nope, more complicated than that. The government is spending WAY too much money, which leads to inflation, which leads to higher prices to compensate. That's why the price of everything is going up! Even places with low demand. Inflation is an indirect tax, because you will have to pay more for products because of government spending. Until Georgie Boy can control his spending, the prices will continue to go up. That's why a rich kid shouldn't be president, they don't know how to manage money.
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IOt also dosnt help like things when the let clinton spend 30 some MILLIOn on a fuccking library.. Thats BS .. and were not going to have healtcare when were older, this ****t makes me wanna become freelance and just day by day and disaper to the gov.

[ghostdog]

actually the library cost almost 170 million. but compare that to the iraq war, they spend that in a single day

IOt also dosnt help like things when the let clinton spend 30 some MILLIOn on a fuccking library..  Thats BS .. and were not going to have healtcare when were older, this ****t makes me wanna become freelance and just day by day and disaper to the gov.
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[Digndoug]

actually the library cost almost 170 million. but compare that to the iraq war, they spend that in a single day

IOt also dosnt help like things when the let clinton spend 30 some MILLIOn on a fuccking library..  Thats BS .. and were not going to have healtcare when were older, this ****t makes me wanna become freelance and just day by day and disaper to the gov.
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Ok but you understand what i mean. The war on the other was somewhat needed.. It should be over with now... but who knows wtf the gov is doing..

[ghostdog]

yeah I hear you. things will be screwed up for a long time after this presidency. but honestly I don't mind that library so much considering Clinton balanced the budget and had things in order before President Bush came into office .. but we really shouldn't talk about that cause it could start something

Ok but you understand what i mean. The war on the other was somewhat needed.. It should be over with now... but who knows wtf the gov is doing..
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[Digndoug]

yeah I hear you. things will be screwed up for a long time after this presidency. but honestly I don't mind that library so much considering Clinton balanced the budget and had things in order before President Bush came into office .. but we really shouldn't talk about that cause it could start something

Ok but you understand what i mean. The war on the other was somewhat needed.. It should be over with now... but who knows wtf the gov is doing..
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haha true.. but one more thing that sucks ass... gas is going to be rediculous this summer.. I mean its already $2.00 an it norm goes up around .50 this some.. it just sucks..

[brianforster]

clinton had the budget balanced because he TAXED US MORE

you cant have the best of both worlds people, half the country was bitching we were over taxed, now half the country is bitching that bush is over spending

[saleeka]

this is true- but look at how much more we are f*****d over now as compared to that extra 200-500 that year you already paid in... Sorry I like my economy to be stable

This post has been edited by saleeka: Mar 16, 2005 - 10:26 PM