Edwynn
Posts: 4105
Joined: 10/26/2008 Status: offline
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Hiya again, Yatchie. I am very well disenamored of the terms 'spread the wealth' or 're-distribute' also. But my premise is that if we were to refrain from maldistribution of the wealth in the first place, there would be no need for 're-distribution.' All modern societies, modern countries, need funds to operate. The US has the largest economy by nearly three times that of Japan or China, and it should be considered that there might be some 'baggage' obtaining thereby. Much as the disinclination to do so is inherent in this country, we have to take a look around and see what other successful economies are doing, if we wish to keep up. Germany out-exports the US, in absolute terms, with ~ 37% of the population that we have. And its not due just to manufacturing. All developed economies have a larger service sector than manufacturing sector, Germany included. This crap game that we call 'The American Dream' is just that, just an illusion that if you throw the dice right by way of entrepreneurial hard work, you too can hit the jackpot. Japan, Germany, and most every other modern developed economy have a more sober and realistic view of things. They provide the education needed for whatever pursuit in life, being as that they do not consider it a 'privilege' of the individual but rather a necessity of society to do so. There's one clue. They also consider it a necessity to sufficiently regulate the businesses, the work force, and the markets, for best regard to society rather than to the individual. After all that, they still have more than a few billionaires, because nothing in their regulations and looking out for their own citizens first, as many of them as possible, prevents a very talented person from getting his/her own in the process. But first things first. You are welcome to do however well you can, after the essentials are taken care of to begin with. My motto is; if we don't like having so many poor people, then quit enacting laws that create so many of them. When real wages decline by more than 4% from 2000 to 2008, while people are witnessing and reading about all these CEO compensation packages, these millionaire condo and house flippers, etc., something is bound to not turn out right. Everybody starts to perceive it as a shell game they picked wrongly on. The taxes are less than in most other countries but the bills to be paid are higher, and that is another run around, always shopping for the less burdensome bills. I have no definitive answer, but we would do well to look at some numbers here and start basing our choices on that rather than romantic and never actually successfully implemented economic Shangri-la.
< Message edited by Edwynn -- 3/7/2012 8:30:16 AM >
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