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Author Topic:   Economics 101 - Evidence Based Decision Making
anglagard
Member (Idle past 864 days)
Posts: 2339
From: Socorro, New Mexico USA
Joined: 03-18-2006


Message 1 of 2 (760242)
06-19-2015 3:29 AM


In the thread about the primaries in the USA, NWR makes this pertinent comment:
Just a minor point here.
If people want to discuss the principles of government, can we have a new thread on that?
Let's keep this one to discussing primaries.
I'm game if you are.
Since most of these off-topic posts seem to concern various misconceptions about basic economics, I think somewhat narrowing the subject to that field of endeavor is appropriate,
To begin the discussion I would like to present you with a few observations.
The greatest economic rate of growth in the USA occurred between 1945 and 1970. Coincidentally, this was also when the USA had the highest tax rates on the wealthiest individuals, indeed under Eisenhower as high as 91%. Recent developments since 1980 seem to indicate taxing people who actually work for a living at a greater rate than those rich parasites who destroy companies, offshore jobs, lay off workers, and buy politicians like both frequently buy prostitutes results in lower growth.
Illegal immigrants appear to be the only people willing to perform the awesome difficulty of actually performing as agricultural laborers. As Georgia and Alabama farmers soon discovered, crackdowns means their produce rots in the field.
There are only two USA politicians in recent times that I know of who have the proven ability to balance a budget without legal coercion, Bill Clinton and Jerry Brown. There are likely others, please feel free to educate.
That should be enough to get things started.
Wherever you think it belongs Admins.
Edited by anglagard, : Screwed up title

Read not to contradict and confute, not to believe and take for granted, not to find talk and discourse, but to weigh and consider. - Francis Bacon

Adminnemooseus
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Joined: 09-26-2002


Message 2 of 2 (760245)
06-19-2015 3:53 AM


Thread Copied to Coffee House Forum
Thread copied to the Economics 101 - Evidence Based Decision Making thread in the Coffee House forum, this copy of the thread has been closed.

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