Whine & Cheese

How exactly could you nuke someone that took away your social security?

Was the middle class fleeced?Wasn't it the US Middle Class that elected politicians that dismantled the safeguards?You have often told me that you refused to study history because it didn't interest you, but it might be a worthwhile effort to see if you could learn from what has happened in the past. the last time we saw an income disparity comparable to the present time was during the Edwardian and post Edwardian era.What could be learned from what happened then?

That would be close to what actually happened initially and lead to the Parliament Act of 1911 IIRC.

How many people in Norway had to declare bankruptcy due to medical expenses?

Just repeating unsupported assertions and trying to palm the pea instead of answering the question won't help your cause Buz.How many people in Norway had to declare bankruptcy due to medical expenses?How many people in Cuba had to declare bankruptcy due to medical expenses?How many people in Japan had to declare bankruptcy due to medical expenses?How many people in England had to declare bankruptcy due to medical expenses?How many people in Germany had to declare bankruptcy due to medical expenses?How many people in Canada had to declare bankruptcy due to medical expenses?

You do know that the retail grocery industry in China is growing at a very high pace and that retail chains, supermarkets and even hypermarkets are there?You do know that right now there is more opportunity for Safeway in China than in the US?

Do you have anything other than more unsupported assertions Buz or maybe something related to the topic or what I posted?You did notice that what I said was "You do know that right now there is more opportunity for Safeway in China than in the US?"

I would teach my kids that they need to compete with everyone else in the world and that it will be an exciting, wondrous and fun existence.

And that was also true in both the UK and in the US recently, during my lifetime as a matter of fact. What many folk don't see to remember is that even here in the US, sweat shops and virtual slavery (company towns and company script) existed even into and past WWII.This mill coin as an example was minted in 1941. When people were paid in company script, lived in company houses, could only shop in the company store there was no chance for advancement or mobility. You could not even put aside a nest egg to use to go look for other work.Environmental concerns are a really, really recent development. Again, it is only within my lifetime that more than just lip service has been paid to either environmental concerns of work place safety.For the most part the US and even the UK governments gave little regard to the safety or well-being of the workforce who implement it's projects.But change does happen and there is no reason to expect that similar changes will not happen in China, Brazil, Nigeria, Vietnam, ...

The "here and now" has "gone and went".We are always in the "here and now", and competition has always been an issue.There are no solutions that are any good when the goal is the "here and now".Solutions, if there will be solutions, will take time if they are to be effective.Nor was I talking about levels of affluence, a term that is really vague anyway.Edited by jar, : hit wrong key

You heard a fact?You do know that debt and budget are two different things don't you?

Do you understand what "inflate the debt away" means?

Yet from today's news:

quote:

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The $1.1 trillion deficit is the smallest deficit figure both in nominal terms and as a percentage of the economy since the Great Recession.

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Neither the debt or the deficit are really major problems. The problem is we continue to fail to invest and spend stupidly.

HUH?Do you know what "reserve currencies" are?Why would it matter in what currency trade is conducted?

We can print all the dollars we want, but what does that have to do with either the debt or deficit?Other nations get to decide what they think the dollar is worth and if we just print money then guess what they do?