Wednesday, January 11, 2012

Austerity

When I read articles like this, I wonder about the motives for austerity. In order that the gap between the rich and poor should continue to grow, and given the rich aren't getting richer fast enough, then the poor must start getting poorer - to keep the gap widening.

6 comments:

  1. The rich should pay more in Income taxes, and the poor much less! When the government says anything about how lowering the GST helps the poor...wrong it helps the rich because they buy more and it is not cheap, so they pay less to the government, than they did before.Those so -called big corporations that get billions off their taxes, do not hire that much..! Think how many billions the government could have now, if they were not so foolish, poitically to cut the GST.

    ReplyDelete
    Replies
    1. Without the GST rebate, the GST would be a regressive tax affecting the poor most. When the rebate is applied, a GST reduction doesn't make any difference if you don't pay any GST in the first place. Yeah, I agree with you.

      Personally, I didn't notice when the HST here in Nova Scotia went from 15% to 13%. I also didn't notice when the NDP raised it back to 15%. But it is making a difference to the provincial debt (I think, not sure). So again, I agree with you.

      Delete
  2. Could you please learn the difference and the use of then and than?

    ReplyDelete
  3. Austerity measures occur when a major power shift has already taken place and the winners decide that it is time to take their profits.

    ReplyDelete
  4. Dear Webmaster,

    We received a notice from Google stating that they have levied a penalty on our website as they "detected unnatural links" redirecting to our website holidayiq.com.

    The only way we can remove this penalty and help Google reconsider putting our website back in their index is by removing these links and we need your help for the same. We request you to consider this request on high priority.

    http://therationalnumber.blogspot.com/2009/01/charts-comparing-this-and-previous.html
    http://therationalnumber.blogspot.com/2009/01/oil-bubble-inside-credit-bubble.html

    We would again like to bring your notice that failure to remove these links would require us to file a "Disavow Links" report with Google. Once we submit this report to Google, they may "flag" your site as "spammy" or otherwise if anything is not in compliance with their guidelines. The last thing we want is to have another webmaster go through this grief!

    Your cooperation in this process would be deeply appreciated. We kindly request you to send us an acknowledgement of this mail along with a confirmation that these links have been removed.
    Thanks a lot for your help.

    If you want to reach out to us mail us on pradeep@holidayiq.com
    Regards,
    Webmaster
    holidayiq.com

    Regards
    Pradeep Ayyagari
    Ph: +91-8197849852

    ReplyDelete