Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate...Bertrand Russell
The care of human life and happiness, and not their destruction, is the first and only object of good government...Thomas Jefferson
The best way it to privatize private corporations and investment banks. You know, the ones who live off the taxpayer.
Clinton had the blueprint for American Success. He knows that you gotta go global, and not stick to the civil rights era Obama is stuck in. This is not the great depression of the 1920s, this is the great depression of the 2010s, and we need modern complex solutions for complex problems. The simple solutions of the conservatives have faild in the past and will fail in the future, because you can't fix complex problems with simple solutions. And simple minds do not have the capacity to understand the magnitude of complex problems, they look at it in a simple way which does not work.
INEPTOCRACY - A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least like to sustain themselves or succeed, are rewarded with the goods and services paid for by the confiscated wealth of a diminishing number of producers.
Arrenwe Uffetbe should bypass Wall St and invest privately. The purpose of "going public" is to secure capital. Rich people (i.e. Arrenwe Uffetbe) do not need capital, they just need to take risk by building a paper mill, shoe company, clothing company, plastic company, steel mill, etc. Not taking a risk is THEIR DECISION.
When the Republicans Congress they kept Clinton in check. Nothing can compare to the 1990's computer revolution driven economy. Companies either computerized at @ $2000 each plus everything that went with it or went bankrupt. That is absolutely the only reason the late 1990's were so good economically. The economy boomed in spite of the taxes and regulations, not because of them.
"One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back." - Carl Sagan, The Demon-Haunted World: Science as a Candle in the Dark
Also, higer taxes, good international policy, the emergence of China and Mexico for imports, and no wars to cost trillions. Also, was good in the 90s, the USD was king and the interest rates were higher. Tech played a small part because everything was imported from S Korea, Japan, China, and Mexico. Textiles from Malaysa, Phillipines, Mexico, and India were also a big part of the US economy. Also, the massive investments from the UAE and Egypt and Russia. When you look at the Economy it is more than one industry and it's world wide.
Even in Check, Slick Willie was able to produce and manage the USA to all time superstar status world wide. After all, Clinton was the first Black President. Obama is the first Jewish President.
This is true, Professor Peabody.
However. This decade will bring even more opportunities to the American workers as soon as our economy recovers. The opportunities will be there but will our young workforce have the necessary skills and education to take advantage of the new opportunities?
Unfortunately, too many young people today want to take the easy way out and not work hard and complete their education and become productive members of society. They expect many things to be handed to them without having to work hard to acquire them!
Why do I say this? By 2015, 60% of the new jobs being created will require skills only held by 20% of the population, according to a recent report from the American Society for Training and Development. In 1991 fewer than 50% of U.S. jobs required skilled workers. But by 2015 76% of all U.S. jobs created will require highly skilled workers, for example people with special skills in science, technology, engineering or math. Worse yet, Georgetown's Center on Education and the Workforce reports that the demand for college educated workers will outpace the supply in the U.S. by more than 300,000 a year. That means the country will produce 3 million fewer college graduates than are needed over the next decade.
Source: http://www.forbes.com/2011/01/20/cor...ng-skills.html
Last edited by James Cessna; Sep 25 2011 at 08:00 AM.
James Cessna
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."
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