tag:blogger.com,1999:blog-27951078.post1115311479655362524..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-27951078.post-38502686508359730512009-01-21T19:10:00.000-06:002009-01-21T19:10:00.000-06:00Not trying to bait ya Mr. John..or dum-you-down. M...Not trying to bait ya Mr. John..or dum-you-down. Most times the link between my brain and fingers gets a short circuit.<BR/>The point I should have made was it sounds like, Trickle Down Economics to me. Without much mention of actual production yield.<BR/>Got to disagree with you on the inflation tho.. my example:<BR/>this past summer gas hovered around the $4.00-5.oo mark. And, I don't have to tell you about diesel. The workers on the oil rigs, in the refineries and all the way to the local Quik-Shop still received the same salary and percentage. The cost of refining it remained roughly the same. Only difference was what the market determined it was worth. Same fuel in the retailers tank, only difference was the price inflating over 100%+.<BR/>I proxy to yours and others more knowledgeable and intellectual ability to simplify such matters from time to time, Thanks.Ol Jameshttps://www.blogger.com/profile/08104714377087960892noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-66822411897523087442009-01-20T22:21:00.000-06:002009-01-20T22:21:00.000-06:00james:You've sucked me in with your good ol' boy p...james:<BR/><BR/>You've sucked me in with your good ol' boy prose too many times. I barely followed your abstruse example. Y'all are just messing with my head.<BR/><BR/>I think.<BR/><BR/>One point I would dispute is the presumption the price would be higher. As I recall, and don noted, previous experiments with the ITC did not provable provoke price increases equivalent to the credit.<BR/><BR/>In short, a new combine just cost $180,000 instead of $200,000 (after the tax credit).<BR/><BR/>One more thought: inflation is not one of the most pressing risks right now.John Phippshttps://www.blogger.com/profile/03245790061133614986noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-65881976462535711712009-01-20T18:34:00.000-06:002009-01-20T18:34:00.000-06:00There is a similar measure in the House for new ca...There is a similar measure in the House for new car buyers. This is structured for justa few months,10%-1st month,7%-second and so on.<BR/> The QJE and BPEA papers to me don't add up.<BR/> By buying a higher priced piece of equipment that professedly can do more by cutting initial labor cost and possible production increase, will lead to more profit. This may lead to more profit for the manufacturer of the equipment and some of the labor force associated with it.<BR/>My query is what if the higher priced equipment isn't allowed to be used to it's full capabilities?? Also what about those who have just upgraded equipment??<BR/>Think of all the Farmers who at the beginning of the 2008 planting season got their new planters and combines. A lot of folks had to replant several times and some had to rely on their crop insurance to make the payments. How could buying a higher priced, mostly because of inflation and raw materials,piece of equipment lead to a better bottom line??<BR/>Throw this dum-ol-dog a bone Mr. John..Ol Jameshttps://www.blogger.com/profile/08104714377087960892noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-73225214499610434072009-01-19T21:10:00.000-06:002009-01-19T21:10:00.000-06:00John, yes I dearly remember the "investment credit...John, yes I dearly remember the "investment credit" days. In '78 we purchased a farm with a hog confinement set of buildings. We showed a really good income in that family corp. for several years and did not have to pay any income taxes for several years because of some "loss carry forward" provision". Hope the new guys in Washington do not log on to you website!!!Anonymousnoreply@blogger.com