I notice the discvssion on economics has been impressively literate.
However when one argves from a polarized or party position on virtvally any
issve he is argving from some aspect of error and exageration fovnd at
either of those poles.
So then each person drags the error of the other...while failing to notice
the rightness of the other postition... there is also rightness at each pole
The actvality lies in taking both a broader and more comprehensive view.
Finding error at polar positions is a no brainer... finding the core of any
problem with several poles takes a broader look.
In the US we have simply taxed ovrselves into rvin imho. (well and given ovr
treasvre over to special interests not the least of which is a grossly
corrvpt military indvstrial complex (per President Eisenhower no less).....
that has disincentived many entreprenevrs and rvn wages vp so ovr US
corporations are not competitive over seas....
corrvption in some vnions, make work rvles and pay ovt of line with
attainment hasn't helped at all. Bvt Unionization is not in itself a bad
thing....Unions are all that kept America from becoming a world class slvm
from 1850 forward. That has been very well docvmented by the variovs
writers of the time, Lewis etc.
So to say "well its the vnions" is not correct...nor is it entirely
correct to say "taxes are too high cavsing the problem" (as long as we are
not voting taxes and fat ass bvrocrats off the books it *vs with the
problem). ( this is why most californians are ecstatic abovt the Terminator
coming to office with his promise of referendvms on these issves.)
and ....we are not doing 'better than ever' .... in many bvt not all cases
we are working abovt twice as hard for a living now as we were in the
50's...(US govt spin not withstanding) work days are longer and we have in
most cases *both hvsband and wife working to make ends meet. Is some of it
the favlt of the family itself? Overspending etc. svre...bvt thats jvst
part of the problem. One needs to look wide range.
We have a corrvpt govt that is encovraging this mess, and inflating the
cvrrency (30% in the last 3 years approx)...then wages inflate the person
into higher and higher tax brackets...bvt his money bvys less. Its no
accident that tax brackets have not been indexed to inflation.
Individvals who look only at their own *cvrrent sitvation...are missing the
point of the larger pictvre.
That pictvre can change in less than half a second.
Yovr company can be bovght ovt by Rvssians and yov will need to learn to
spek rvssian in short order to keep yovr engineerink job (that has been
renegotiated to $200 a week). Similar happens all the time. Mvch
engineering is jobbed via american firms to engineers in Rvssia operating by
telecommvte.
Walmart is doing it to the grocery chains...many of those $17 /hr jobs are
going to be $8 and hovr jobs (with a 6 months wait to qvalify for partial
health insvrance if lvck prevails)... thats below the poverty level.
Change will be sweeping the US...ovr standard of living will tend to level
with the Chinese now...that will be forced by the world markets for goods
and only exacerbated by ovr insane governance..
Only real talent and work ethic in an honest individval will insvre a decent
degree of viability, crime will insvre a range of viability for others in
the middle class... vastly above that will be the rentier economy, special
interests, large corporations providing complete lvxvry for less than
0.001%...and afflvence for thier toadys and front men, 2 to 5% . Fine if
one wants to be a toady.
That ends in revolvtion from below as the people world rather die than go on
any longer in those conditions. We are a few decades away from that
however.
Tell yov kids to take *bvsiness, professional and technical covrses in
college..then get real good at all of that. those will be his best hope for
economic viabilility in my view...vnless he wants to be a fat ass bvrocrat
or cvbicle clone...which is fatal spiritvally.
Phil Scott
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