No Cuts, No Butts, No Coconuts

PIMCO ^ | September 2006 | Bill Gross

[VoodooEconomics]

Bathroom humor is always great fun to a fourth-grader and there’s a little bit of that in the above that seems to have been passed down from generation to generation since…since…well ever since kids started standing in lines and needed to say something cool to maintain their place in them. I must confess that there have been lots of times when I have cut in line: at the movie theater with that “front two rows only” desperation; approaching the crowded freeway exit with that “I’m already 10 minutes late” rationale. Still, my biggest cut in line occurred on April 13th 1944, the day I was born, something for which I am completely innocent, of course, but because of which I have reaped substantial rewards. That was the day that I took cuts in front of tens of millions of American boomers – boomers yet to be born, but nonetheless waiting in a demographic “line” that would stretch from 1946 to 1965, and produce the largest lump of kids, teenagers, twenty-somethings and ultimately graying adults that this country has ever experienced. Being born several years ....

[VoodooEconomics]

So, if we raise taxes we improve ratio of med students t population? There are worries but Malthus had worries too!

[VoodooEconomics]

Raising taxes to pay for deficits (and or pension liabilities) I think this was tried in the late 20's ? I prefer growing the economic pie. Why does Gross want to cut it up and distribute now? hmmmmm

[Tenacious 1]

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