Home › Forums › Financial Markets/Economics › Cash for Caulkers & Contractor prices
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sdduuuude.
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December 15, 2009 at 4:18 PM #495253December 16, 2009 at 7:55 AM #494561
sdduuuude
ParticipantA very bad precedent is being set by this, the $8K tax credit and the “cash for clunkers” program.
Eventually, people will just not buy stuff if there is no gov. incentive to buy it. They’ll just put off major purchases, hoping for a handout.
It is exactly the way the fed views deflation. People won’t buy now if they expect the price to come down.
It’s like govt-mandated deflation, as far as I can see.
December 16, 2009 at 7:55 AM #494720ParticipantA very bad precedent is being set by this, the $8K tax credit and the “cash for clunkers” program.
Eventually, people will just not buy stuff if there is no gov. incentive to buy it. They’ll just put off major purchases, hoping for a handout.
It is exactly the way the fed views deflation. People won’t buy now if they expect the price to come down.
It’s like govt-mandated deflation, as far as I can see.
December 16, 2009 at 7:55 AM #495106ParticipantA very bad precedent is being set by this, the $8K tax credit and the “cash for clunkers” program.
Eventually, people will just not buy stuff if there is no gov. incentive to buy it. They’ll just put off major purchases, hoping for a handout.
It is exactly the way the fed views deflation. People won’t buy now if they expect the price to come down.
It’s like govt-mandated deflation, as far as I can see.
December 16, 2009 at 7:55 AM #495192ParticipantA very bad precedent is being set by this, the $8K tax credit and the “cash for clunkers” program.
Eventually, people will just not buy stuff if there is no gov. incentive to buy it. They’ll just put off major purchases, hoping for a handout.
It is exactly the way the fed views deflation. People won’t buy now if they expect the price to come down.
It’s like govt-mandated deflation, as far as I can see.
December 16, 2009 at 7:55 AM #495431ParticipantA very bad precedent is being set by this, the $8K tax credit and the “cash for clunkers” program.
Eventually, people will just not buy stuff if there is no gov. incentive to buy it. They’ll just put off major purchases, hoping for a handout.
It is exactly the way the fed views deflation. People won’t buy now if they expect the price to come down.
It’s like govt-mandated deflation, as far as I can see.
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