A Quote by Mitt Romney
In the richest country in the history of the world, this Obama economy has crushed the middle class. Family income has fallen by $4,000, but health insurance premiums are higher, food prices are higher, utility bills are higher, and gasoline prices have doubled. Today more Americans wake up in poverty than ever before.
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I think people forget that when people lose Medicaid coverage, they still show up at the hospital when they have a chronic illness or a traumatic impact on their health. And those bills are paid by the hospital who then passes those costs on. They do not have a magic fairy paying the bills for people who show up without insurance. Those bills are passed on to all the people in our country that do have insurance. That's why this bill is not going to break the cycle of higher premiums - because we're going to have fewer people insured.
Any commodity that sees its price going higher will see new mines opening up. When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable.
Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices, ... This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
Tariffs would mean prices going up, and customers don't want higher prices.
Higher energy prices act like a tax. They reduce the disposable income people have available for other things after they've paid their energy bills.
Higher asset prices increase wealth and, with a lag, induce higher spending.
Today, there are more Americans working than ever before in the history of our Nation, and the average wage of those workers is higher than it has ever been in the history of our Nation.
To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.
Requiring the payment of higher wages will lead to a loss of some jobs and a raising of prices which drives companies to search for automation to reduce costs. On the other hand, those receiving higher wages will spend more (the marginal propensity to consume is close to 1 for low income earners) and this will increase demand for additional goods and services. Henry Ford had the clearest vision of why companies can actually benefit by paying higher wages.
Just from a political perspective, do you think the president of the United States going into re-election wants gas prices to go up higher? Look, here's the bottom line with respect to gas prices: I want gas prices lower because they hurt families.
By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.
In every country except - industrial country except the United States, the government uses its massive purchasing power to negotiate drug prices. That's one of the reasons prices are so much higher in the United States than in other countries.
Increases in output generally lead to lower prices, not higher prices.
If we continue to print new paychecks at the rate we've been adding them, that mitigates a lot of the damage of higher gasoline prices.
On the policy front, I just believe that Barack Obama was misguided. That he somehow sees this country as being in need of a drastic overhaul. What he tried to do actually hurt the country rather than helped it and the best example is Obamacare. It's a good idea to insure people who can't or won't buy insurance but you can't punish the working class to make it happen, which he did. Now everybody's paying higher premiums and more deductibles that's coming out of working people's pockets and that's one of the reasons that his legacy has been refuted.
BOB is a luxury brand. The prices are lower than designer prices but higher than high street. We sit on the cusp of paying proper money for excellent quality without having to charge thousands for a dress.
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