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In response to:

The Brilliance of Obamanomics

David4 Wrote: Jul 23, 2014 10:02 AM
Michael Schaus definitely laid on the sarcasm thick. Well deserved too. Note, Obama declared that this recovery would be built on a firmer foundation. For starters, the safety net has been strengthened, triple layer of heavy canvas with steel cable reinforcements. And Sens. Warren and Sanders want to strengthen it some more. And look at the positive elements. Higher meat prices: They (vegetarians) tell us that eating meat is bad for our heath, so those higher prices are for our own good. Higher gas prices: Fossil fuels are a polluting substance that is imported and thus damages our trade balance. Higher gas prices do two good deeds in one blow. We are better for it health-wise and economically.
In response to:

When College Isn't Worth It

David4 Wrote: Jul 22, 2014 12:18 PM
Too many people fail to appreciate the difference between Aptitude, and the Credential = "A piece of paper", a degree. If you have the aptitude for a career field, such as medicine, then the college education and the credential can make a big difference in the amount of money that you make. If you don't have the aptitude, then the credential won't be much help at all. We likely have too many college students who don't have the aptitude for the majors they are studying for. And quite a few who perhaps DO have the aptitude haven't learned good work habits to use that aptitude.
It is worth keeping in mind that socialists, progressives and Democrats are a mix of utopianists and corrupted souls, sometimes in the same mind. The utopianists picture some ideal world of peace, dignity, near equality. To them mass movements of people work to make such a world. Government can be a fair substitute for those mass movements of people. Large factories and "filthy rich" 1%ers disrupt those utopian dreams and draw opposition from such socialists. The corrupt souls think of government/the-state as something that takes from others and enriches them. Bill Clinton was plainly a corrupt government careerist. BH Obama comes from Chicago, which is thick with this sort of corruption.
France's situation demonstrates what a bunch of incompetents Socialists are. If they were really competent at what they profess, then they would have seized all the assets of their rich-exiles as they left. They would also be organizing worker-operated factories and stores to replace the businesses and factories whose owners have fled the country. I say this in malicious jest, expecting that such worker-run businesses would be just as incompetent and unproductive as most every other socialist enterprise. But hey! They may be poorer than us capitalist slaves, but they HAVE the pride of owning and operating it themselves! :-)
Everyone should read one of their articles now and then. Michael Schaus simply can't do the subject justice. One simply has to look inside the den of the beast oneself to see what intellectual manure is in there.
To say one sentence in favor of the Marxist Democrats, and ONLY ONE sentence, they grant a credit to the company for taxes it pays to Brazil, and then tax the balance at American rates. Apparently they think Brazil is a bunch of chumps for not taxing the company at the same rate America does. America has an imperious attitude towards corporations. IF they are allowed to exist and they make big profits, then they will get raped by the American government, and expected to bow down and say thank you for it. (Could be, that to a Marxist Democrat, the only reason for a big corporation to exist is to serve as the employer of large numbers of high paid unionized workers.)
So how does one prepare? My speculation ... For higher prices: your standard of living is going to go down, and you have to plan ahead to lower your costs. ... For higher unemployment: Including your own. You better broaden your skill set, and work on your job-finding skills. You may have to go into business for yourself. That business might be "hustling". For stagnant wage: The flip side of 'higher prices'. See above.
In response to:

The Effigies of Yellen

David4 Wrote: Jul 17, 2014 2:07 PM
And those failures are just the ones we know about so far!
In response to:

Keynesian Path to Fiscal Ruin

David4 Wrote: Jul 17, 2014 12:09 PM
(Drat, the frustrations of getting older) Typo, "I am not affair ..." should read "I am not aware ...".
In response to:

Keynesian Path to Fiscal Ruin

David4 Wrote: Jul 17, 2014 11:52 AM
SFR states "Keynesian economic policy has been proven effective time and time again." -- I am not affair of any such instance. Please cite a few of those times. In the meantime, my analysis of Keynesian economic policy, and the analysis of several smart economists is that Keynesian economic philosophy is quackery, and based on deceit, much like the three-shells-and-a-pea game played in big cities. There is reason to think that it is intended to scam the public.
In response to:

Triple Whammy for German Economy

David4 Wrote: Jul 16, 2014 6:07 PM
What (singular or plural) is impeding, obstructing, the conduct of business? Doing business (verb) is the well-spring of every economy. If we, or I, can not find and fix the blockages that prevent business from being done, then you and I shall have to plan for a no-growth near-future. With risk of decline.
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