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PostPosted: Mon Jun 28, 2010 4:05 am
 


Title: G20 leaders agree to cut deficits in half by 2013
Category: Business
Posted By: wildrosegirl
Date: 2010-06-27 08:26:35
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PostPosted: Mon Jun 28, 2010 4:05 am
 


Interesting, but I bet most of them won't be able to manage it.


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PostPosted: Mon Jun 28, 2010 6:22 am
 


Can we get a pool going on this?


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CKA Super Elite
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PostPosted: Mon Jun 28, 2010 6:55 am
 


I take year 2043.


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PostPosted: Mon Jun 28, 2010 8:14 am
 


Ooooo. Aaaaaa. I'm glad we spend $1B to wait for Captain Obvious to tell us that deficits are bad.


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PostPosted: Mon Jun 28, 2010 8:17 am
 


Talk is cheap.


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PostPosted: Mon Jun 28, 2010 8:50 am
 


Obama wants everyone to whip out some new credit cards and to keep spending money they don't have. :roll:


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PostPosted: Mon Jun 28, 2010 4:43 pm
 


Unemployment is high? Really? That's cause we outsource almost every job to other countries, hell when you pay a lawyer $300 an hour I'd bet money he is paying someone in India $20 an hour to do all his work so all he has to do is present it in court.


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PostPosted: Mon Jun 28, 2010 5:11 pm
 


KorbenDeck KorbenDeck:
Unemployment is high? Really? That's cause we outsource almost every job to other countries, hell when you pay a lawyer $300 an hour I'd bet money he is paying someone in India $20 an hour to do all his work so all he has to do is present it in court.


You'd win, too.

http://www.transcriptionoffshore.com/ou ... ption.html


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PostPosted: Mon Jun 28, 2010 11:48 pm
 


$1:
a call for "acceleration" of reform of the International Monetary Fund aimed at giving emerging economies more say in its work


*flinches*

It might be the Easterly in me, but man did that line right there just send a shiver down my spine.

As for the rest -- well, at least the Conservatives mentioned that they'd have to cut expenses and raise taxes, or so the article inferred, with all the possible negative aspects from growth through intoned (which is a bit of a conflict in and of itself). Although that is quite a tall order, even if we were getting 2007's or previous year's level of revenue from taxes for the government to work with. Quite skeptical really, like I was in that thread of Bruce's about the opposition saying the same thing (although extenuating comments worsened their position a good deal more in my eyes when it came to taxes, goals and government spending).

Props to all the leaders for managing to get this far, at least. I was expecting something more akin to the Doha Round (and indeed, the article does talk about that), but I guess I get to wait and see how the details pan out -- I bet, especially with that emerging economies line, the devil is going to be in the details, which is where we've had clashing heads and little movement before.


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