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Author Topic:   Netanyahu: "Seventy years ago, only Shanghai opened the door... to Jewish refugees"
LamarkNewAge
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Posts: 1247
Joined: 12-22-2015
Member Rating: 1.1


Message 31 of 33 (837773)
08-08-2018 10:22 PM
Reply to: Message 26 by Phat
08-08-2018 3:48 PM


Re: Its The Money
quote:

Once you run out of foreigners to exploit, the only way that the system will survive is to exploit its own middle class.

The wretched of the earth.

Look at the all Russians that Israel absorbed in the last 30 years (and before).

Israel only had yearly income of a few thousand per person in the 1970s.

Now it is at $42,000 per person (In actual U.S. currency exchange though purchasing power is lower when PPP is factored in) despite the large immigration and population growth.

http://statisticstimes.com/...es-by-projected-gdp-capita.php

The population was about 5 million in 1990 and is about 9 million today.

And public benefits are "largesse" in the social spending area.

Japan had a much higher income in the 1980s.

NOW after decades of near 0 immigration and childbearing (1980 is about when Japanese child bearing took a shocking nosedive), Japan finds its yearly income at $40,000 per person. (PPP is higher)

Nothing but lack of population is responsible for the Japanese economic issues (the main problem is the unreal public debt).

Japan has cut its government pensions by massive amounts, and it has a population that buys debt at near 0% interest rates.

Everything is going for it but population growth.


This message is a reply to:
 Message 26 by Phat, posted 08-08-2018 3:48 PM Phat has not yet responded

    
LamarkNewAge
Member
Posts: 1247
Joined: 12-22-2015
Member Rating: 1.1


Message 32 of 33 (837774)
08-08-2018 10:32 PM
Reply to: Message 26 by Phat
08-08-2018 3:48 PM


Know the opposite of a national "debt"? "Deficit" & "surplus" are yearly budget terms
First Phat said this:

quote:

What I am against is open borders and unlimited immigration because it would trash the middle class. And socialism is no prize either---look at what is happening in Venezuela.

Anyway yearly budgets have a "deficit" or "surplus".

They are the opposite of each other for the fiscal year budgets.

But look at the balance sheet for a nation.

Now see if you can tell me what the opposite of a "national debt" is.

The answer is (something like) a "sovereign fund" or "sovereign wealth fund".

Norway has one.

And it is like $1 trillion which is even more a percentage of their economy as our debt is to ours.

And it is socialistic more so than Venezuela.

25% of Republicans have a favorable view of socialism and I have read articles in papers from conservatives that tell me clearly that Republicans & conservatives know the difference between Scandinavian socialism and other forms.

One letter recently had a flaming right winger attacked socialism as represented by Venezuela and the U.K. (the letter had this example)while noting that Scandinavian socialism was good policy in its own right.


This message is a reply to:
 Message 26 by Phat, posted 08-08-2018 3:48 PM Phat has not yet responded

    
LamarkNewAge
Member
Posts: 1247
Joined: 12-22-2015
Member Rating: 1.1


Message 33 of 33 (837844)
08-09-2018 10:24 PM
Reply to: Message 26 by Phat
08-08-2018 3:48 PM


Back to Phat and the claim of an immigration flood lowering income.
quote:

Im not against controlled immigration. What I am against is open borders and unlimited immigration because it would trash the middle class. And socialism is no prize either---look at what is happening in Venezuela.

http://statisticstimes.com/...es-by-projected-gdp-capita.php

I have to ask about Switzerland, Denmark, and Norway.

First Norway.

Average income per person per year is $82,711 (over $20,000 above us) and though not an E.U. member state, the nation does accept visa free immigration from the 28 member bloc (plus Turkey). There is a treaty with the E.U. that required Norway to accept the visa free travel if it wanted to be part of the common trade deal market.

Where is the destruction of the middle class?

Switzerland next.

$86,835 is the projected per person average income and (again), while not an E.U. member state, it does accept visa free travel for people from the 28 nation E.U. member bloc (plus Turkey). Situation for the visa free travel is same as Norway.

Where is the destruction of the middle class?

Denmark has a yearly income just above the United States (most think it would be higher still if the United States dollar wasn't always so strong as the world's reserve currency) at $63,830 (we are projected to be at $62,152 in 2018 though we might end up higher), and a guaranteed minimum income of around $20,000 per year.

Denmark allows mentally ill to easily collect the minimum benefit without working.

Where is the flood of middle class destroying migration from Turkey or Poland?

Switzerland is debating a minimum income of around $33,000 per year, and it should be admitted that fear of immigration from EU member states is a concern.

The European Union has generally seen wages rise.

And perhaps bad policy (especially the labor laws which might be described as "socialism" perhaps?) has hurt the economic climate, but immigration has not. They just get the blame for Europe not economically skyrocketing to the stratosphere.


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