RSS

Congress extends payroll tax holiday…Violence erupts over Air Jordan sneakers. Coincidence, I think not.

24 Dec

 

On Thursday the congress agreed to extend the payroll tax holiday. Armed with the new confidence that an extra $40 in your paycheck over the next 60 days brings, shoppers flocked to stores to buy the new old retro Air Jordan sneakers. If not for the $40 windfall, I suspect these sneakers would be collecting dust on the store shelves. Unfortunately, most of the Nike factories are located in Asia, including Indonesia, China, Taiwan, India[24], Thailand, Vietnam, Pakistan, Philippines, and Malaysia, so the economic stimulus to our economy from the shoe sales will be minimal but Keynesians have cited the positive economic impact caused by the broken window parable.

Average 2 month Tax savings from Payroll Tax Holiday – $180

Cost of Nike Air Jordan 11 Retro Concords – $180

coincidence, I think not.

Advertisements
 
2 Comments

Posted by on December 24, 2011 in Air Jordan 11 Retro Concords

 

2 responses to “Congress extends payroll tax holiday…Violence erupts over Air Jordan sneakers. Coincidence, I think not.

  1. nooneofanyimport

    December 24, 2011 at 10:29 am

    LOL. Nice one.

    Merry Christmas, Disrupt the Narrative crew, and here’s to a Happy Election Year!

    Linda

     
  2. Saddlesore

    December 26, 2011 at 10:56 am

    Is the beginning of a new Occupy Air Jordan movement? Tax the wealthy to provide ovepriced sneakers for the poor?

     

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: