On Fri, 5 Aug 2011 08:59:32 -0400, "Eisboch" wrote:



"X - Man" wrote in message ...


You right-wing circle jerkers wouldn't know "well-reasoned" from
"well-seasoned." You and several of your fellow low IQ righties don't
have the brain power to discern what is well-reasoned and what isn't.
Most of you barely got out of high school. You, Ingersoll, Canuckles,
your buddy the ID spoofer, et cetera, are the best argument against
social promotions.

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Insults aside, there aren't any Ivy League college grads running around
with much of a clue about what to do either, including our wonderful
"leaders" in Congress.

Actually, there are. I agree that the leaders in Congress willfully
don't know, however (both sides).

Sometimes common sense serves better than college courses/degrees on
economics, especially when all the traditional rules have changed.

Actually, no. It's a combination. No solution can be either pure
theory or pure common sense.

Hate to say it, but there is no simple solution. The revised cry for "Jobs,
Jobs, Jobs" in DC are meaningless. There aren't any.
Any jobs created will be federally funded or subsidized "make work" programs
but there's no money to pay for them.

There are some very simple solutions to the jobs crisis, but they will
take actual cooperation from both sides. Make work programs actually
work, but they will not work forever. One very obvious and not common
sense solution is to spend Federal money NOW. Yes, we have a long-term
debt issue, and no, the current deal doesn't really address it. We
need to forget about the debt and spend money to boost the economy.
Then, when the situation actually does improve (not just start to
improve), then ratchet back on the spending and address the debt.

The real problem is not being addressed. The real solutions are not very
popular to many. Some of the TeaBagger's views unfortunately have some
merit. The USA cannot compete in a global economy like it did since the end
of WWII. Our economic growth was based on internal competition among
companies within the USA, giving rise to artificially high pay and benefit
packages when compared to the rest of the industrialized world.
The rise of countries like China as a major manufacturing country has
changed all that.

Not really. Their "solution" is to eviscerate all the programs that
people rely on daily, to cut programs without much regard to merit,
and do stupid **** like end the Fed. A weak dollar is both a blessing
and a curse, and anyone with some econ understanding knows that.

Additionally, they are opposed to any and all taxes. That's nonsense
and doesn't reflect even very recent historical facts.

Expecting USA based companies to invest in manufacturing facilities in the
USA is a fairy tale. Isn't going to happen as long as they have to compete
with the manufacturing costs overseas. Demands that "Big Corporations"
pay their fair share of taxes sounds good and is justified but collection of
those taxes is a pimple on an elephants ass compared to the revenues
required to pay USA debt, let alone finance "make work" programs.
Right now 60 percent of Americans receive more federal money and benefits
than they pay in taxes. 50 percent of Americans don't pay taxes at all and
both those percentage numbers are rising.

It's not. It's called gov't incentives (carrot and stick) to make it
happen.

The canard about 50% not paying taxes is just that.. a canard.
Everyone (or nearly so) pays tax in some form. If you're talking about
income tax, the tax structure is such that those at the low end and/or
those with deductions pay reduced taxes. The right-wing nonsense about
this is staggering.. as those they people are somehow cheating, when
those at the very high end also pay little or no taxes, mostly due to
other tools/schemes.

We may have no choice but to go back to basics. Entitlements will have to
be scaled back as will defense spending, foreign aid and all other federal
spending programs. Families will have to go back to taking care of each
other and pooling resources. Many in Europe and Asia have been doing that
for years.

Entitlements are an issue, but they don't need to be scaled back in
any kind of drastic way. Fraud needs to be addressed (Tom Coburn's pet
issue at the last economic summit), and there is certainly some waste
that can be addressed. Military spending needs to be reduced and
rethought, much as Robert Gates tried to do. I'm not sure what you're
talking about with "families taking care of each other." That's been
going on and continues to go on, esp. in a weak economy.

When the Chinese worker begins to realize that he/she is working for a
fraction of the compensation paid elsewhere in the world and begins to
revolt things may start to change. As it does, an American worker who used
to receive the equivalent of $50 to $90 per hour in pay and benefits is
going to have to adjust to living on half of that. The $300K house he/she
lives in is going to be worth $150K .

I don't think we can make our economy dependent upon what the Chinese
worker thinks or does. Most American workers (I'm guessing you mean
union/blue-collar) are no longer making $50-$90/hr. The $300K house
has already lost much of the value already.

Sorry to sound so dismal, but that's how I see it.

Eisboch

I don't think it's so "dismal". I think we've got our work cut out for
us, but I see nothing that prevents us from acting rationally.