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In response to:

Paul Ryan's Growth Budget

Weldon10 Wrote: Apr 06, 2011 12:29 PM
First, PLEASE spell check before hitting the Post Comment button. Raul, have you ever been hired at a good wage by a destitute person? Raul, please define 'rich'. Raul, please define 'middle class' with actual brackets or equivalent. Raul, do you know what inflation is? Raul, Medicare if not already broke it very soon will be; what, genius, will it look like when it runs out of money? Raul, have you calculated what income you would need to just subsist (no ipod, iphones, no computer, no tv, etc - just food, clothing and shelter) and then asked you employer to pay you only that amount? If not then you too are a greedy, profit-motivated capitalist pig like the rest of us.
What about the money the farmers must borrow often times to pay to get the crops in and then repay after the harvest. Do the Fed's actions then affect the cost of food production?
Tonoy, Unions protect the incompetent - that is the real reason that they should not exist anymore. If you had a business of your own, would you want someone (the union) telling you that you HAD to keep the most incompetent workers simply because they have been there longer than anyone else? If you do, then you are as dumb as a box of rocks. About the 'Rich', please give me your precise definition of Rich. Do you realize that most of those you call 'Rich' started with practically nothing but then worked hard AND smart and then became 'Rich'.
The Germans are an aberration. They as a whole have always been a VERY hard working people. It is a part of their culture to work hard. So you argument is on shakier ground because of this. Germans have, for a least the last 150 years, been asked to emigrate to many countries around the world for their expertise in mining, farming and other occupations; within just a few generations these ethnic Germans came to dominate their fields of expertise. Why do you think that their are so many German last names in Pennsylvania and Ohio? We needed them for their mining skills. Find another country as your example as Germany is a very special case and you have committed the fallacy of composition.
Tonoy, From Thomas Sowell's article earlier this year: "An economist at the University of Chicago called John L. Lewis "the world's greatest oil salesman." His strikes that interrupted the supply of coal, as well as the resulting wage increases that raised its price, caused many individuals and businesses to switch from using coal to using oil, leading to reduced employment of coal miners. The higher wage rates also led coal companies to replace many miners with machines. The net result was a huge decline in employment in the coal mining industry, leaving many mining towns virtually ghost towns by the 1960s." If labor becomes more expensive than machinery that can do the same job, then businesses, in an effort to maximize profit...
In response to:

Budget Crisis Rhetoric: Part II

Weldon10 Wrote: Jan 19, 2011 1:25 PM
What about those children who are born to illegals here and then are taken back to the parents' country of origin for twenty years and then return? According to your caso cerrado they wouldn't be 'subject to the jurisdiction thereof' because they have not physically been under the jurisdiction of the United States of America for twenty years. So would they still be considered citizens of the USA?
In response to:

Budget Crisis Rhetoric: Part II

Weldon10 Wrote: Jan 19, 2011 1:08 PM
By the way, Dr. Sowell is eighty years old and had already achieved a Master of Arts in economics from Columbia University (1959) well before the Civil Rights laws were passed in the Sixties. He has gotten where he is by hard work and strength of character rather than on affirmative action and having 'friends in high places.'
Are you even old enough to remember when Moon Unit was Governor the first time? I dread the tax increases that he will insist we need to help us spend our way out of our (CA) recession. Government spending to get out of a recession is like trying to scr3w yourself back to virginity!
In response to:

Republicans Can't Give In on Trade

Weldon10 Wrote: Oct 08, 2010 12:10 PM
Bubble off of Plumb, If YOU care so much about people, then you can go work directly for their betterment without the help of the government. Society should take care of those who are down and out: mutual aid societies, churches, charitable organization, etc. but NOT the government. (Begin Yelling) THE GOVERNMENT IS NOT SOCIETY (End Yelling). A great deal of the problems we have in this country today stem programs created by the Progressive politicians trying help the down and out. Over the last seventy years but especially during the 60's and early 70's, they created program after program that was supposed to help the down and out but have failed miserably to alleviate the plight of the poor. The reason: all the wrong mix of...
In response to:

Republicans Can't Give In on Trade

Weldon10 Wrote: Oct 08, 2010 11:54 AM
Alright, let's test your economic acumen: If it is significantly cheaper for a product to be made and shipped from a foreign country than to make the same product here in the USA, where should a manufacturer spend its capital to maximize profits for itself and its stockholders? The rational (unemotional) manufacturer would build in their plant in the foreign country. The government of the USA is the one to blame here with tariffs, EPA (et al.), minimum wage laws, and in general making it MORE costly to do business here than in some other country. Once start to break down our self inflicted barriers and restrictions, our economy will really take off like it did throughout the 19th century. Until, that is, the Progressive Academicians,...
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