Whats even better is reading the idiot/kook garbage in the comment section of the video.

Economics should be a 4 year course in any high school, it more important than english in my opinion. I think the more people that have an idea on how economics works, the better everything gets. The simple idea of simple trade would work wonders if people just understood it at a micro level.

I know some of you wont even consider reading this, but if you do, and get it, you will understand why we are selling ourselves down the river.

http://www.capitalismmagazine.com/index.php?news=1826

We need to produce as a nation again, not try and get more than we are deserved out of what we produce. The reason the chinese essentially own us is because we are wasting money (and therefore goods we produce) in a literal sense. Money is only a tangible representation of what we produce, both on a micro and macro level. If what we bring into our government as a nation is less than what the government spends, than there is a fiscal deficit. There is three ways to solve a deficit, all have negative effects on the economy, 1) Print more money for the government to spend- Simple supply and demand works here, if you add more money into a system where only so much is produced, you are simply going to increase the cost of goods and services, its what is known as inflation. Things get more expensive to buy for our dollar, therefore causing a negative effect on our quality of life 2) Borrow- Your essentially borrowing the production of one country to spend on your own. This is what is happening to the US right now. We are using what china produces to fuel our rediculous addiction of government spending, while keeping the quality of life we are used to having in this country. The borrowing keeps prices of goods a services low, but at some point we will have to pay it back, when we do, we will have less to spend as a nation on ourselves, causing the quality of life to get worse for all of us. 3) Increase Taxes- The goverment takes more of what is produced in our economy, to spend. Most get that when more of your money is taken from you, your quality of life is effected in a negative way. I dont know one person (nor do I think Ill ever meet a person)who has benefitted from personally having to pay more in taxes.

The way to solve all of this is simply to produce more of a better product, its how the united states got to where its at economically. The way to produce more the fastest, is to sharply pull back regulation (the less stringent regs business has to endure, the more time can be spent on coming up with a better product and producing it faster), Sharply pull back Taxes (The less that is taken from business, the more there is left to invest into better ways of producing) and to defeat this idiotic mindset that we are owed something just for being human. The rich are rich because they know how to produce, the poor are poor because they dont or dont care too.

You will only get as much out of something as you put into it, unless you force or are forced to give it up, at the point of a gun (robbery)...

I don't understand why our Nation doesn't understand or act on these simple messages? What in the hell does it take to ensure these changes happen...

Those who do not know and study history will surely repeat it. Killing the messenger did not stop the enemy from coming.

Or in this case: Mocking the message shows only the mockers ignorance.

Yes we do work for the Chineese. WE pay them massive money in interest. YOU and ME.

must resist, must resist, it's not a real meal it's a fake one on a hook, turn away

quote:

Originally posted by Justin Anderson:
http://www.capitalismmagazine.com/index.php?news=1826

Actually that was quite good, a bit idealistic but good. I agree with the vast majority of it.

Thank you Paul. Republican and democrats agree that forcing out jobs oversees is killing the United States of America. What the F is wrong with all the politicians on this one.

Ted it is corporate greed. Has not much to do with politicians. Although sometimes it has to do with offsets, in the case of Boeing. It is also the fault of the consumers who want the cheapest price they can get. Blame Jack Welch of GE, he is the Godfather of outsourcing.

This message has been edited. Last edited by: Paul 061,

If Democrats and Republican's don't start getting it together, with the intent of achieving consensus, were all going to be doomed. We are all (D's, R's, and I's) puppets on the strings of Corporate America. This is no longer a Democracy, but a Corporatocracy. And if House Speaker Boehner (I say BONER) has his way, we'll continue cutting our noses off in spite of our faces.

As for when I was growing up, my dad used to always tell me, "You had better be willing to spend union dollars if you ever want to make them."

I don't dis-respect anyone who shops WalMart but I am proud to say that I don't shop there. I do everything in my power to shop main street, and avoid big box at just about all cost. Just my little outlook on the dark road we are heading down. I agree with you 100% on this one Ted.

Better look in the Mirror folks before blaming others is all I got to add.

Look backward and ask yourselves just exactly where all that (last 30yrs) of American wealth came from. Look back further another 20 years and ask the same question. Look back 20yrs past that and yer looking at WWII and the Great Depression.

I remember the days of trinket-bashing (Japan-made-junk) where Japan made Toys cause they were incapable of making anything else (Pop-Said) and before that Ivy League universities pushing Keynesian economics (pump-in-more-money) and life will be GREAT!

Great enough that those same educated folks shipped American Manufacturing overseas and the Politicians adjusted the books such that Housing-Construction is now included in the Manufacturing index (CIA-World-Fact-Book)

Well guess what!

We all borrowed our way to prosperity through housing for the last 30 years and in each year when someone asked "where's the housing $dollar top" the universal answer's always been "aint-none, life's great, HOUSING ALWAYS GOES UP".

But like anything else - time to $pay da fiddler. Housing's gone down and free $money aint so free anymore.

Look in the Mirror folks, We did it to ourselves.

note: Updated text "Ivy League"

This message has been edited. Last edited by: Workman #21,

Exactly

I will add to that. Those with the money buy the politicians. Our so called leaders have sold us down the bloody river. They don't have to follow the laws they impose on us and we stinking put up with it. Aren't we a bunch of
f-ing pussys.
I do my part. I bitch directly to the politician I can get to. Many are untouchable. And DeVol Engineering products are 100% American Made. I will only purchase American made Aluminum materials not only because it's the best for America. Suppliers have at times slipped me off-shore sheet and every time it is shit. United States Aluminum is the the best.

You're starting to sound like one of those union guys....

You haven't said one thing I disagree with Ted.

(In this thread)

Aaron. I consider myself nothing more than logical. No one paid for my opinion. No one will give me something for voting for them. No one will get money from me as a favor in the future. Regulating and over taxing American businesses sends jobs oversees because they don't over tax and over reglate businesses where all of our jobs are going. We have lost 1/3 of all manufacturing jobs since 2000. This statistic is extremely bad. Republicans and Democrats have done nothing to stop this.
Obama says he is for union workers and the middle class. He is a bullshit lier. Were he not, he would have done something to get jobs back for manufacturing businesses which is exactly the middle class. The middle class is dying because of manufacturing. And yes, Glen Beck and many others on Fox new know this to be fact and do bitch about it on the air.
It's not a union position. It's total logic.
Obama going to India spending 2oo million dollars a day to try and get india to buy our stuff will not help us in the least.
Yes the State department said it was costing America $200,000,000 per day for this trip.
That would hire a whole shitload of union workers wouldn't it. The cost of the 5 day trip could give 14,285 workers $70,000 for a years work. Thank you Mr. President.

Ted I don't believe the difference between an American worker making $15 an hour and an Indian worker making $2 is taxes and regulationon the businesses. It is corporate greed and increasing share holder value. Ted last I read the trip was estimated at 10mil per day. Yes it's a lot but that isn't just for Obama, there is a ton of infrastructure that goes along.

I think 200 million is a bargain keep him over there. You figure that into a year and that 73 billion. which is NOTHING compared to his trillion dollars hes already spent. Keep his ass over there and save us some money. Not to metion he won't be able to veto anyhting thats tried trying to be repealed.

My health insurance went up $228.00 per month which is $2,736.00 per year and equals $27,360.00 in ten years. This really cuts into new bikes and racing two times a month. No wonder the economy in the dumps. Remember the old saying "No mon no fun".

3 years now and no raises or cost of living raise, but now I have to pay for my health insurance for the first time, $60.00 twice monthly, and 3% increase on the rest of the family.

My health insurance took a $100.00 per month jump last Sept. Well I think it has gone up for just about everyone recently. Talking to a good friend of mine yesterday he had to lay-off one worker in his shop and work longer hrs to cover the jump in his private health insurance plan to cover his family. My wife and I have not been able to afford to hire any extra teenage summer help on our farm due to extra medical bills, insurance costs we have had the last few yrs. Obviously expensive healthcare is absolutely killing our economy and here is 2 cases of unable to hire and one job layoff due to medical costs/insurance alone.

Medical is out of control. I went in for a cortisone shot in my thumb. It was coded as surgery and cost $400 dollars! I hope Obama care can begin to cut the costs, unless the repubs kill it off.