On Fri, 03 Jul 2009 07:58:04 -0400, HK wrote:

Eisboch wrote:
"Frogwatch" wrote in message
...

Whoa, who woulda thunk that dead Reagan coulda tricked us inta
spending that nearly 2 trillion under Obama. I spose that just shows
how great Reagan was to force Obama to spend all that money and
accomplish nothing.
------------------------------------

The most significant current factor affecting the US economy/recovery right
now in both business and in private spending habits is the incredible,
unfathomable amount of spending and debt that this administration is willing
to commit to. It's the same, irresponible spending on credit philosophy
that got us into the situation we are in in the first place, except at a
grand, federal level and with inadequate income to pay the bills.

Our liberal social reformers can try to justify it all they want. The fact
is the country can simply not afford it. Rational and economically
thoughtful people understand this and are very concerned.

Business is the lifeblood of this country as we know it. Without incentives
for it to grow and prosper, the USA will choke to death in social program
debt.

Laws should be enforced to prevent scams and illegal business activities,
but the only way to return this country to prosperity is to provide
incentives for businesses to grow. Instead, and as witnessed here by the
comments of our liberal anti-corporation friends, the "enlightened"
philosophy and "in thing' now is to crucify all business or corporate
entities. It's like ****ing in your own water supply.

Eisboch



I must have missed the part in which you explained why we should once
again "trust" business to do the "right thing" for working Americans and
their families. American businesses have sold us down the river by:

1. exporting jobs as quickly as possible

2. producing products that kill us or make us sick

3. running financial services companies in a manner that literally
bankrupted millions of families and made a retirement just about impossible

4. cutting back on health care benefits for workers, and resisting
efforts to enable national health care plans

5. hiring "foreign" workers to come to this country legally and displace
higher-paid American workers

6. hiring as many "illegal" workers as possible so as to have an easily
exploitable workforce

7. fighting regulations that ensure American-made content

8. fighting anti-pollution laws

9. pushing for more and more development at the expense of the environment

10.engaging in massive fraud whenever possible to screw the taxpayers

And so forth.

Yes, Richard, I know. There are businesses that are operated
properly...for their owners.

Sorry, I don't trust "business" to "do the right thing" for anyone other
than its immediate owners and top executive employees. I might start
believing again if corporate salaries were limited to, oh, maybe 10
times the salary of the average non-executive worker at each company.

Good list. Too bad politics blinds some people to reality.
Which makes you a commie to the other commies.
In a global economy the rules have changed, and the old rule of
"What's good for business is good for America" is defunct.
Here's something about capitalism from Wiki.
"The central axiom of capitalism is that the best allocation of
resources is achieved through consumers having free choice, and
producers responding accordingly to meet consumer demand."

Seems simple enough. And it worked well enough here before globalism
and debt and joblessness reared their heads.
What isn't said there but can be implied is that to be a consumer one
must have a stake in the game. Chips to play.
That normally mean a job. Then you're in the game.
Which gets into politics, which is local, whether in a city or a
country.
Politics establishes the rules of the game, and who can play.
Another issue not mentioned in that axiom is that in our political
system, another free choice is the vote.
The vote is more important than the economic system, and ultimately
determines the economic system, the rules, and who plays.
Commie China is capitalistic. No real vote.
In some countries considered "Socialist" citizens do have a vote.
Governmental systems are fairly complex without getting into the weeds
so I've kept it simple.
But here's the bottom line.
America has voted in Barrack Obama, and a bunch of other Democrats.
The people have spoken.
If the people feel that's not in their best interests and it was a
mistake, they'll be gone soon enough. I can live with all that.
No problemo. God, I love this country.
Time for a beer.
You guys keep arguing.
Maybe I'll have some popcorn too.

--Vic