Good news about jobs and wages

I read that too. In the article, it stated that 38% of the country, according to a poll, approve of the economy. This just goes to show that no matter how good the economy is, the lack of knowledge about economics along with those who hate the President will overshadow the strength of the economy. This goes for every president also.
Well... someone HAS to be doing some heavy duty number crunching to come to THAT conclusion!!!

The war alone is over 700 BILLION already... and we are at the Highest DEFICIT in the history of the USA, so how in the heck can ANYONE even THINK our Economy is doing good???

Too many are saying it is not... Expert CPA's around the Nation said that we are headed for a fall... and hopefully that doesn't end up in a depression...

Something has to GIVE, financially, for the good 'ole US of A for us to come out of this Bushy Era unscathed... It has already been proven that Generations to come are going to end up PAYING for JUST THE LAST FOUR YEARS ALONE... and that does NOT include ANYTHING else the USA has done with the money...

I just do not believe the author of that article... I will just have to look at it like it is another form of propaganda, because I can SEE what is going on in the Country.... and if the SAME things went on in someone's home, with their budgets gone haywire... and one brought home a thousand a week, but spent 10,000 a week, then no one in the world would say their finances were doing good....
Wars cost money.

Our defcit as a percentage of GDP is no where near the highest in our history.

Our social security and medcare is going to bankrupt us eventually but they can't be fixed because everyone wants a handout regardless if they need it or not. Today's generation, including myself, expects not to see social security and is planning ahead by saving on their own. That is the only way to fix the problem.

People put themselves into debt by purchasing things they can't afford, not government. Just as they get into debt, they can get out. However, it's not the government's job to do this it's up to the American people to learn responsibility and take care of themselves.
quote:
Originally posted by Kindred_Spirit:
Well... someone HAS to be doing some heavy duty number crunching to come to THAT conclusion!!!

The war alone is over 700 BILLION already... and we are at the Highest DEFICIT in the history of the USA, so how in the heck can ANYONE even THINK our Economy is doing good???

Too many are saying it is not... Expert CPA's around the Nation said that we are headed for a fall... and hopefully that doesn't end up in a depression...

Something has to GIVE, financially, for the good 'ole US of A for us to come out of this Bushy Era unscathed... It has already been proven that Generations to come are going to end up PAYING for JUST THE LAST FOUR YEARS ALONE... and that does NOT include ANYTHING else the USA has done with the money...

I just do not believe the author of that article... I will just have to look at it like it is another form of propaganda, because I can SEE what is going on in the Country.... and if the SAME things went on in someone's home, with their budgets gone haywire... and one brought home a thousand a week, but spent 10,000 a week, then no one in the world would say their finances were doing good....


The author is reporting Dept of Labor numbers. What's not to believe?
quote:
I read that too. In the article, it stated that 38% of the country, according to a poll, approve of the economy. This just goes to show that no matter how good the economy is, the lack of knowledge about economics along with those who hate the President will overshadow the strength of the economy. This goes for every president also.


Looks like Kindred proved you right.

From what I see, new neighborhoods are being built, new businesses are popping up everywhere, store parking lots are full, and new roads are being constructed. At the moment, the economy is strong. The problem is that too many people are using credit cards and accumulating debt. Our government , this includes both parties, is doing the same thing by borrowing too much and wasting it on pork projects. On the surface, our economy is doing very well. I'm just worried about long term when all of this debt comes due.
quote:
Originally posted by NashBama:
quote:
I read that too. In the article, it stated that 38% of the country, according to a poll, approve of the economy. This just goes to show that no matter how good the economy is, the lack of knowledge about economics along with those who hate the President will overshadow the strength of the economy. This goes for every president also.


Looks like Kindred proved you right.

From what I see, new neighborhoods are being built, new businesses are popping up everywhere, store parking lots are full, and new roads are being constructed. At the moment, the economy is strong. The problem is that too many people are using credit cards and accumulating debt. Our government , this includes both parties, is doing the same thing by borrowing too much and wasting it on pork projects. On the surface, our economy is doing very well. I'm just worried about long term when all of this debt comes due.


Nash, you know that the debt has been coming down quickly. We would have had a deficit reguardless if we went into the GWOT or not. Just the damage that was done to our markets on 9/11 and moneys to Katrina/Rita would have atleast given us a small deficit. You are totaly correct about pork though. We have got to do something to stop this. I think the president should have the line item veto. He could cut the pork before he signed the budget.
quote:
Originally posted by FatNoMo:
Credit card debt - whoa, Nash GOOD point. I am concerned about the "younger generation" and the amount they owe to "the cards."


Most credit card debt comes from the "younger generation" who are unwilling to work and save (like our parents did) for the things they want. It's the "gotta have it right now... ME, ME, ME" syndrome.
I wasn't talking about the war, having debt in wartime is a given. I was talking about wasteful spending on the domestic side. The bridge to nowhere in Alaska is a good example. There are lots of projects and programs that are costly and accomplish nothing, yet the politicians we have now are too afraid to do anything about it because getting re-elected is more important than solving problems. At the moment, our economy is fine. However, unless we get some new in Washington with the guts to change things, I don't think the economy has long term stability.
quote:
Most credit card debt comes from the "younger generation" who are unwilling to work and save (like our parents did) for the things they want. It's the "gotta have it right now... ME, ME, ME" syndrome.


You're right. Also, cars are an income killer. Everyone sees having a nice car as a necessity. A car is a necessity, a nice one is a luxury. Plus, no matter what a sales person tells you, cars are not investments.
quote:
Originally posted by NashBama:
I wasn't talking about the war, having debt in wartime is a given. I was talking about wasteful spending on the domestic side. The bridge to nowhere in Alaska is a good example. There are lots of projects and programs that are costly and accomplish nothing, yet the politicians we have now are too afraid to do anything about it because getting re-elected is more important than solving problems. At the moment, our economy is fine. However, unless we get some new in Washington with the guts to change things, I don't think the economy has long term stability.


This is one key thing (besides immigration) that I fault GWB on. He should have vetoed some of the spending and budget bills his own party put out. There are times when he just isn't confrontational enough with Congress be it Dem or Rep.
quote:
This is one key thing (besides immigration) that I fault GWB on. He should have vetoed some of the spending and budget bills his own party put out. There are times when he just isn't confrontational enough with Congress be it Dem or Rep.


I agree, he tries too hard to please both parties and doesn't have the backbone to make the right decision.
quote:
If we keep outsourcing all of our jobs to India, China, Mexico, and who-knows where else we'll all wake up one day unemployed. Then the economy will really suffer! We want the cheapest goods no matter what the real cost. I remember when my dad wouldn't buy it if it didn't say Made In The USA on the label. I remember when Wal-Mart's slogan was “Bring it Home America” with all the patriotic Red/White/Blue signage. Not everything was Made in America, but a good percentage was. We always had domestic cars, too. No "Japmobiles" at our house. These days that thinking is about as hard to find as Coke in a ten ounce glass bottle.


The funny thing is the "Japmobiles" are mostly made in the US while Ford & Chevy have plants in Mexico. My next car I'm buying American, I'm getting a Honda.
quote:
Originally posted by NashBama:
quote:
If we keep outsourcing all of our jobs to India, China, Mexico, and who-knows where else we'll all wake up one day unemployed. Then the economy will really suffer! We want the cheapest goods no matter what the real cost. I remember when my dad wouldn't buy it if it didn't say Made In The USA on the label. I remember when Wal-Mart's slogan was “Bring it Home America” with all the patriotic Red/White/Blue signage. Not everything was Made in America, but a good percentage was. We always had domestic cars, too. No "Japmobiles" at our house. These days that thinking is about as hard to find as Coke in a ten ounce glass bottle.


The funny thing is the "Japmobiles" are mostly made in the US while Ford & Chevy have plants in Mexico. My next car I'm buying American, I'm getting a Honda.


Sad but true Nash.
This is good news. No doubt, but your slam that personal hatred of Bush causes people not to see it, is not fact.
What causes people to doubt the "great economy" is what they see in their own personal life. Good paying jobs in the manufacturing sector (as the article stated) are down, which means that there are more people hired in the lower paying service sector. Most people who consider themselves in the middle class, whatever that really means, see their dollars constantly eroded due to the price of gasoline and everything else associated with increased fuel cost (remember everything you have came to you on a truck). The cost of health care has increased at much higher rates than the economy has , the cost of carrying health insurance has (for me) doubled since 2000. With health insurance prices going up up up, I understand now about 48,000,000 people do not have health insurance.What most people consider their main source of investment wealth, their home, is falling in value. Those with investment in the stock market have done pretty good lately, but if you compare the market with what we had in the 90's, it is pitiful. To top that off, every day we hear on the news about some CEO getting MILLIONS in bonuses.
The above mentioned things DO NOT instill confidence in the average thinking man, no matter what the economic news is.
I submit this news is a mixed bag. More low paying jobs filled, more rich people getting a lot richer, but wealth not coming down to the working stiff. TRICKLE DOWN ECONOMICS IS A HORRIBLE MYTH - IT JUST DOES NOT TRICKLE DOWN.

My personal distain for this president does not color my views on this at all.
quote:
Originally posted by excelman:
This is good news. No doubt, but your slam that personal hatred of Bush causes people not to see it, is not fact.
What causes people to doubt the "great economy" is what they see in their own personal life. Good paying jobs in the manufacturing sector (as the article stated) are down, which means that there are more people hired in the lower paying service sector. Most people who consider themselves in the middle class, whatever that really means, see their dollars constantly eroded due to the price of gasoline and everything else associated with increased fuel cost (remember everything you have came to you on a truck). The cost of health care has increased at much higher rates than the economy has , the cost of carrying health insurance has (for me) doubled since 2000. With health insurance prices going up up up, I understand now about 48,000,000 people do not have health insurance.What most people consider their main source of investment wealth, their home, is falling in value. Those with investment in the stock market have done pretty good lately, but if you compare the market with what we had in the 90's, it is pitiful. To top that off, every day we hear on the news about some CEO getting MILLIONS in bonuses.
The above mentioned things DO NOT instill confidence in the average thinking man, no matter what the economic news is.
I submit this news is a mixed bag. More low paying jobs filled, more rich people getting a lot richer, but wealth not coming down to the working stiff. TRICKLE DOWN ECONOMICS IS A HORRIBLE MYTH - IT JUST DOES NOT TRICKLE DOWN.

My personal distain for this president does not color my views on this at all.


Where do you think the new jobs came from? If you didn't have "trickle down" there wouldn't be any new jobs. As an aside, I'm not sure where you live, but where I am NOBODY is seeing their investment in their home LOSE money. Also, the article made the point that average wages also went up during the time frame covered by the report.
Twenty and thirty years ago manufacturing jobs were great jobs when not many people were college educated. As education increases and international competition advances manufacturing jobs are not as abundant. However, in other areas of employment there is job growth with good pay.

Bottom line is that it's imperative to have a degree today or you are going to suffer possibly with a low wage job. Education is free through high school and available to all so there is no excuse to not use it as a stepping stone to a good career.
Today's employers have TOO MUCH of a stanglehold on America's educational system. A little 'educational insight' into what today's EMPLOYERS want:

Employers, namely manufacturers, DON'T want employees that can THINK. They ONLY want employees that will FOLLOW ORDERS......without question. At least THAT is what local manufacturing HR representatives kept telling the school board where I used to teach.
There's good news, and there's bad news.
The Headline says 180 thousand jobs added. It does not say that 56 thousand of them are in the Construction Sector.

"There's been worry that housing troubles would seep into the rest of the economy and hurt jobs but that is not happening now," said Bill Cheney, chief economist at John Hanco*k Financial Services. "This says employers are finding that they need people and when they need people they hire them."

The real estate market is about as soft as a baby's backside. That is not good news.

"Construction companies, after suffering heavy job losses in February in part due to lousy winter weather, bulked up in March. They added 56,000 positions last month, the most in just over a year. Retailers added nearly 36,000 jobs last month. Education and health care services expanded employment by 54,000. Leisure and hospitality picked up 21,000 new jobs, while the government added 23,000."
Retailers added 36 thousand jobs. If the construction workers keep their new jobs, so will the retail clerks.

"Workers' wages grew modestly . . .
Average hourly earnings rose to $17.22 in March, a 0.3 percent increase from February. That matched economists' expectations. Over the last 12 months, wages grew by 4 percent."
Annual Inflation is trending up, and is about 3.5% at the moment.

The result of full employment, and sluggish wage gains relative to inflation has had a consequence.
"Tapping into that (worker) discontent, Democrats are championing policies to close the gap between low- and high-income workers, make it easier for workers to form unions against company wishes and taking a harder stance with respect to the Bush administration's free-trade deals."

Full employment, with slow wage growth and inflation is what cost Jimmy Carter a second term.
"Economists predict the economy will remain in a sluggish spell in the months ahead. For the recently ended January-to-March quarter, some analysts are predicting growth will clock in at close to 2 percent, which would represent a further slowing from the 2.5 percent growth rate logged in the final three months of last year."

The experts don't agree,
"Federal Reserve Chairman Ben Bernanke believes the economy is working its way through a soft patch and won't fall into a recession this year. However, former Fed chief Alan Greenspan has put the odds of the economy sliding into a recession this year at one-in-three."

Headlines are written by the EDITOR, not the reporter. If all you read is headlines, all you see is the "opinion" of what the story means,
Well, to a certain extent, I agree with the employers. If I am hiring someone to build a widget for me, all I care about is their ability to follow instructions and work hard. I don't want them questioning things. That's what their bosses get paid for. People who have the education and desire to question and use their minds are not maximizing their potential by working in a job where mostly physical labor is desired.
quote:
Originally posted by Fighting Illini:
Well, to a certain extent, I agree with the employers. If I am hiring someone to build a widget for me, all I care about is their ability to follow instructions and work hard. I don't want them questioning things. That's what their bosses get paid for. People who have the education and desire to question and use their minds are not maximizing their potential by working in a job where mostly physical labor is desired.
Unless it is the only job available.

School Teachers don't come close to maximizing their earning potential. The educational investment of a school teacher is equal to the investment of an accountant. The earning potential is not.
quote:
Originally posted by EdEKit:
quote:
Originally posted by Fighting Illini:
Well, to a certain extent, I agree with the employers. If I am hiring someone to build a widget for me, all I care about is their ability to follow instructions and work hard. I don't want them questioning things. That's what their bosses get paid for. People who have the education and desire to question and use their minds are not maximizing their potential by working in a job where mostly physical labor is desired.
Unless it is the only job available.

School Teachers don't come close to maximizing their earning potential. The educational investment of a school teacher is equal to the investment of an accountant. The earning potential is not.


The teacher chose their profession knowing what their earning potential was.
quote:
Originally posted by dogsoldier0513:
Today's employers have TOO MUCH of a stanglehold on America's educational system. A little 'educational insight' into what today's EMPLOYERS want:

Employers, namely manufacturers, DON'T want employees that can THINK. They ONLY want employees that will FOLLOW ORDERS......without question. At least THAT is what local manufacturing HR representatives kept telling the school board where I used to teach.


That depends on the industry. A garment manufacturer only needs a person who can sew, period. The Boeing plants needs people with a little more knowledge because of the product they are producing. When the Volvo plant was hiring in T'Town , they were looking for people with college degrees for most positions. The problem with the entire NW corner of AL is that they hitched their wagon to coal, garment plants and trailer plants and all three are drying up.
The educational investment of many occupations is equal in terms of year of schooling and tutition, but that doesn't mean all will be compensated equally. Some teachers who have the ability to pursue other occupation, such as a law professor, probably isn't maximizing his or her earning potential. On the other hand, a p.e. teacher is definitely maximizing his earning potential. So it just depends on the type of teacher just like it depends on the type of profession. Of course, their are also benefits that can't be measured in terms of dollar amounts such as free time, especially in the case of teachers.
quote:
Originally posted by Fighting Illini:
The educational investment of many occupations is equal in terms of year of schooling and tutition, but that doesn't mean all will be compensated equally. Some teachers who have the ability to pursue other occupation, such as a law professor, probably isn't maximizing his or her earning potential. On the other hand, a p.e. teacher is definitely maximizing his earning potential. So it just depends on the type of teacher just like it depends on the type of profession. Of course, their are also benefits that can't be measured in terms of dollar amounts such as free time, especially in the case of teachers.


Good point.
quote:
Originally posted by Southern Patriot:
quote:
Originally posted by Fighting Illini:
The educational investment of many occupations is equal in terms of year of schooling and tutition, but that doesn't mean all will be compensated equally. Some teachers who have the ability to pursue other occupation, such as a law professor, probably isn't maximizing his or her earning potential. On the other hand, a p.e. teacher is definitely maximizing his earning potential. So it just depends on the type of teacher just like it depends on the type of profession. Of course, their are also benefits that can't be measured in terms of dollar amounts such as free time, especially in the case of teachers.


Good point.


Personally, with all the red tape and paperwork associated with the FIASCO of the NCLB initiative, a person would have to be INSANE to want to be a teacher in today's America.
quote:
Originally posted by Southern Patriot:
quote:
Originally posted by EdEKit:
quote:
Originally posted by Fighting Illini:
Well, to a certain extent, I agree with the employers. If I am hiring someone to build a widget for me, all I care about is their ability to follow instructions and work hard. I don't want them questioning things. That's what their bosses get paid for. People who have the education and desire to question and use their minds are not maximizing their potential by working in a job where mostly physical labor is desired.
Unless it is the only job available.

School Teachers don't come close to maximizing their earning potential. The educational investment of a school teacher is equal to the investment of an accountant. The earning potential is not.


The teacher chose their profession knowing what their earning potential was.
True, so they are doing it out of at least an initial love for the idea of teaching.
I do this forum FOR FREE, I can't complain that it does not pay me. Public School Teachers are paid from tax funds. As a taxpayer I have a right to expect quality work from them. As providers of quality work, they have a right to expect quality wages. Thousands of people leave the teaching field for other pursuits. Only a very small percentage of them leave for reasons of incompetence. Most of them leave for BETTER PAYING JOBS.
The rare, truly dedicated teacher stays in spite of the wages. The exceptional teacher not only stays but does extra, unpaid teaching. I know of a couple of them, High School Spanish teachers who teach, for no pay, English to immigrant Mexicans. They are sponsored by a Unitarian Congregation. The congregation pays the rent on a classroom at an Iglesia de Christiano Primero. The teachers are not paid. If there were fifty more, and 20 more classrooms, they would still not meet the demand for English Lessons. I learned of them when one of their students told me of the program. It is not touted aloud from the roof tops. Some people, in a small town in Southeastern Arizona threatened to have their volunteer teacher fired for MISUSING SCHOOL FUNDS. They said her salary was being used to support her volunteer work. At least that's what Ysidero said, if his comment was properly translated by the the graduate of the Program at La Iglesia de Christiano Primero. (I may have the church name slightly wrong, It is a congregation of the First Christian Church that serves Spanish speakers.)
quote:
Originally posted by Fighting Illini:
Well, to a certain extent, I agree with the employers. If I am hiring someone to build a widget for me, all I care about is their ability to follow instructions and work hard. I don't want them questioning things. That's what their bosses get paid for. People who have the education and desire to question and use their minds are not maximizing their potential by working in a job where mostly physical labor is desired.



Oh, well... in your way of thinking, EVERYONE should be educated... Nice though, in a perfect world... But the thing WRONG with your comment here vs. other comments you have made, is IF you want to HIRE anyone to do ANYTHING for you, then ALL the educated people are going to ask for at least 30 bucks an hour because they PAID for their education...

OH WAIT!!! If what you are downing Americans for (lack of education) were to change tomorrow... you may as well do the job yourself, because every EDUCATED American will not do it, and there will be NO workers anymore, all just Bosses, or Owners....

I would love to see that in any store, resturant, or any other market you want to discuss...

Cannot have it both ways... either you are for ALL AMERICANS, regardless of who they are, or what they do... or else, you want to slam those who aren't educated, and ways are paved for ALL to be educated... then no one would work anymore, .... And, I would like to add that for anyone on here who wants to insult the working people of America to really THINK about what you are saying... when there are no more working people, the bosses cannot make money doing it themselves, then we would crumble for sure...

Next time you eat in a resturant, leave an extra buck and Thank God that there ARE people willing to serve you... maybe THEY are feeding a kid or two...

ALL Americans go be a nurse, a teacher, an engineer, a business partner... then UH OH.. no one else left to actually DO the work!!!

Hmmmmmmmmmmmmm......... An "UNBALANCED" America? Oh yeah!!!
quote:
Originally posted by Southern Patriot:
quote:
Originally posted by excelman:
working stiff. TRICKLE DOWN ECONOMICS IS A HORRIBLE MYTH - IT JUST DOES NOT TRICKLE DOWN.

My personal distain for this president does not color my views on this at all.


Where do you think the new jobs came from? If you didn't have "trickle down" there wouldn't be any new jobs. As an aside, I'm not sure where you live, but where I am NOBODY is seeing their investment in their home LOSE money. Also, the article made the point that average wages also went up during the time frame covered by the report.


Let me explain "trickle down economics" (called 'Voodoo economics" by Bush 41) to you.
That theory says that if the government gives large tax breaks to the owners of Budweiser, they will build more breweries, and hire more people, to produce more beer. You the working stiff, will spend more money buying beer, because there is more of it, and every one will be happy.
My theory, on the other hand is "trickle up economics". I believe that if you give the tax breaks to me , the working stiff, I will have more money to spend on leasure . I will buy more beer, causing a shortage , which Budweiser will notice and build more breweries, which will hire more people, and everybody will be happy.
Which of those 2 scenarios is more logical to you?
quote:
Originally posted by excelman:
quote:
Originally posted by Southern Patriot:
quote:
Originally posted by excelman:
working stiff. TRICKLE DOWN ECONOMICS IS A HORRIBLE MYTH - IT JUST DOES NOT TRICKLE DOWN.

My personal distain for this president does not color my views on this at all.


Where do you think the new jobs came from? If you didn't have "trickle down" there wouldn't be any new jobs. As an aside, I'm not sure where you live, but where I am NOBODY is seeing their investment in their home LOSE money. Also, the article made the point that average wages also went up during the time frame covered by the report.


Let me explain "trickle down economics" (called 'Voodoo economics" by Bush 41) to you.
That theory says that if the government gives large tax breaks to the owners of Budweiser, they will build more breweries, and hire more people, to produce more beer. You the working stiff, will spend more money buying beer, because there is more of it, and every one will be happy.
My theory, on the other hand is "trickle up economics". I believe that if you give the tax breaks to me , the working stiff, I will have more money to spend on leasure . I will buy more beer, causing a shortage , which Budweiser will notice and build more breweries, which will hire more people, and everybody will be happy.
Which of those 2 scenarios is more logical to you?



Hiya Excelman!!!! Your WAY of thinking is correct... much the same as my last comment...

People on this forum just HAS to insult the under-educated for whatever the reason... and they conveniently FORGET that those under educated people are also the ones bringing them their steak in a resturant, or mowing their grass when they dont have time, or slinging a sledge hammer on things that won't MOVE on itsown... or FEEDING CHILDREN...

There are uneducated people in this world, with what THEY Think is a good job... know why? Because they are HAPPY BEING THEM... and because there are just people who are people who cannot grasp a higher education... we gonna burn them at the stake????

My across the Street Neighbor had a son who was slow... he was in Special Ed, but he wasn't in a BAD mental retardation... he actually got a job delivering pizza, got married, had a child, and is one of the happiest human beings I have ever seen... he worries about NOTHING, he loves EVERYTHING... he has found things that some search for their entire life....

Educated, heck no... happy, more than any of you will ever know... IS HE LOVED? Dang right he is... this entire street loves him because he is so special to all of us!!!
I guess one point that I am trying to make on here, is that I have had many debates from people who are EDUCATED, and make pretty good money... BUT, ya know what???? SOME on here have jobs that are NOT what they were EDUCATED to do... read the posts!!!!

Anyway, that "BETTER THAN YOU" or the "KING OF THE HILL" mindset is what has made this country go down the way it has.... it is what makes people feel bad, it is going on everywhere, not just on this forum... and we are BAD WRONG for allowing that to happen....

We want to gripe about the borders not being sealed, and ILLEGAL people in our country.. .. taking our jobs... but yet on the other hand, we want to INSULT any LEGAL AMERICAN who WOULD take that job, because they are a nobody because they didnt sweat blood to go to college...

I figure it is close to time for everyone, including myself to SWEET MY OWN PORCH off before turning on someone who cannot...

I make good money, I have a career that I can make 20 years at before the year 2010... with a great pension/insurance, but I am one of the LUCKY ones because I was at the RIGHT PLACE at the RIGHT Time... and Honest to God, I will never ever be guilty of turning my nose up to anyone who has less, or cannot do any better than they are doing right now.... WHY you ask? I could, I have the money, I have the backing, I have the American Dream... WHY?????? Because I do not want to reap anything that is BADLY sown... and I have gotten by nearly 54 years like that...

Yes, I have a temper, and use it sometimes... but the bottom line is we are PEOPLE, and when each and every one of us DIE, we will all be just as nude on that Funeral Home Stand as anyone else in the WORLD is... We cannot take anything with us.... God Does NOT require that... THANK YOU GOD!!!

Happy Easter... Now, off to a very overwhelming thing going on in my life... but at least it is a GOOD overwhelming thing!!! hehe
quote:
Originally posted by excelman:
quote:
Originally posted by Southern Patriot:
quote:
Originally posted by excelman:
working stiff. TRICKLE DOWN ECONOMICS IS A HORRIBLE MYTH - IT JUST DOES NOT TRICKLE DOWN.

My personal distain for this president does not color my views on this at all.


Where do you think the new jobs came from? If you didn't have "trickle down" there wouldn't be any new jobs. As an aside, I'm not sure where you live, but where I am NOBODY is seeing their investment in their home LOSE money. Also, the article made the point that average wages also went up during the time frame covered by the report.


Let me explain "trickle down economics" (called 'Voodoo economics" by Bush 41) to you.
That theory says that if the government gives large tax breaks to the owners of Budweiser, they will build more breweries, and hire more people, to produce more beer. You the working stiff, will spend more money buying beer, because there is more of it, and every one will be happy.
My theory, on the other hand is "trickle up economics". I believe that if you give the tax breaks to me , the working stiff, I will have more money to spend on leasure . I will buy more beer, causing a shortage , which Budweiser will notice and build more breweries, which will hire more people, and everybody will be happy.
Which of those 2 scenarios is more logical to you?
The Trickle up works even better if the Tax Code provides incentives for investing profits in new productive facilities inside the USA. It's easy to do, you put a 90% tax rate on income over say a million a year, and allow the money to go untaxed if it is invested in business expansion inside the country, and not untaxed if it is spent on Yachts and Foreign factories.

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