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Facebook Bans Google+ Ads
Barbara, not Barbie writes "Not content with making it hard for people to export their Facebook contacts to Google+, Facebook has now banned all ads from app developer Michael Lee Johnson, who ran an ad saying 'Add Michael to Google+.' Facebook sent him the following message: 'Your account has been disabled. All of your adverts have been stopped and should not be run again on the site under any circumstances. Generally, we disable an account if too many of its adverts violate our Terms of Use or Advertising guidelines. Unfortunately we cannot provide you with the specific violations that have been deemed abusive. Please review our Terms of Use and Advertising guidelines if you have any further questions.'"
Source please?
Last report I saw said that is cost 278,000 to create every job that was created from the stimulus bill. I'm not disagreeing with you, since I have no numbers on how much consumer spending it costs to create one job. I would be interested in learning more.
21st Century Renaissance Man
We're not talking about taking tax money and spending it in the US, we're talking about taking tax money and spending it on paying off China so they keep lending us money so we can become even more indebited to them.
Right now, China (and perhaps the Saudis) are financing $0.46 of every dollar the US government spends. When it creeps past $0.50 we might very well see someone from China sitting down with the President and Congress to decide how the money coming from China is going be spent - after all, they will pretty much own over 50% of the budget. Does this really sound like a good idea?
Sure, raising taxes would be great. We should also consider a "wealth tax" not just a income taxes. Right now, the folks making the most money aren't receiving it as a salary subject to income taxes but they are getting it as capital gains which is taxed at a much lower, fixed rate. That means that an income tax increase isn't going to affect capital gains income at all and would therefore be totally non-productive. I really want to see someone proposing that it should be illegal to have more than a couple of million dollars and the government should just take it all. That would really fix the economy, now wouldn't it? Make the US the home of poor people once again. Eliminate wealth in the US and give it all to the government to spend.
So how come Obama hasn't pushed any of his WPA-like programs that he was talking about during his campaign? Instead of spending over $200,000 per job with his stimulus program, how about some real government-paid jobs for millions of people? Fix unemployment by hiring people, not paying four times as much to someone else to hire someone.
Come on, if what we want is a real government-sponsored economy where the government actually supports people, then bring it on! Let's see it happen and see the results.
The greatest marking job of the past several decades was the one used to get average folks who will never ever have at the very least $500,000+ to their name to vote against their own self interests.
As far as raising taxes goes, it seems only rational to conclude that the USA can't keep increasing borrowing forever. At some point, the nation will either have to reduce the deficit or default (hopefully not by triggering a world war and legislating a default). Your taxes don't just magically disappear - they go to pay for operating the county (salaries, construction, defense and federal contracts). And, honestly, you're likely to send the majority of your disposable income out of the country in the form of electronics purchases, fancy German cars and "made in China" purchases.