Oh how I love the Democrats in Congress. They show how most of us Americans are incredibly normal.
So apparently Jesse's gotten the great idea of hiring ALL the unemployed in America. Sounds great right? And get this, for $40,000 a year. Why stay on unemployement? You can be so much more in our buddy's plan here.
“We put people to work cleaning up communities. We put people to work through a civilian conservation corps, through a Works Progress Administration because the hour demands it,”
Makes sense, no? I mean employing around 15 million people for nearly twice as much as minimum wage has got to get the economy going. It's only going to take a measly $6,000,000,000 (billion) dollars, from the Federal Government of course. Ohhhh, but it just gets better!
“It could be a five-year program,” he said. “For another $104 billion, we bail out all of the states. For another $100 billion, we bail out all of the cities.”
God, that almost, almost sounds Utopian no? Everyone has decent jobs, indefinite Job security, all the states are in no fear of default as well as the cities. I wonder, if perhaps this guy has a few philosophers in mind who make him feel all warm and funny about this plan????
Of course this is just speculation. I could be totally wrong. I mean the guy could really be a big fan of Stalin, or Trotsky, maybe even Lenin. He could simply be a follower of all those Valiant men. What isn't there to admire in these guys?
Well, Today I decided I'd write an article on this Whacko and why's she's wrong on the economy (more than just "She's a Liberal").
Elizabeth Warren's message is quite simple. We are but lucky people who are should worship the government because it has enabled us to achieve amazing goals and that NO ONE is Self-Made.
"There is nobody in this country who got rich on his own."
First off, I dare to differ Liz. With the passing of Steve Jobs I don't know if there is any contention that a man can't get rich on his own. In that, I mean that we are all sellers of our own labor. Yes, human cooperation has become necessary to achieve our goals, but that doesn't mean that a Man didn't do it on his own. There are many Men who have worked their hearts out to create a strong business with little help. We LIVE in society, therefore to get things done here, we have to work with others. That doensn't mean that we aren't Self-Reliant, Self-Assured, or Self-Made. It merely means that we did it PASSED all the crap and fools you have to deal with to be Successful.
You built a factory out there, good for you. But I want to be clear, you moved your goods to market on the roads the Rest of us paid for. You hired workers the Rest of us paid to educate.
Somebody apparently did too much crack in the 60's. Since when was there a choice to use Public or Private roads? How is it the fault of the Companies that the Government has a monopoly over the infrastructure of this country? They pay taxes just like everyone else. When there is a CHOICE between using Public or Private roads, then you can address the issue of using state roads. Also, how do you know the workers didn't go to Private school? What if they came from England, Germany, or China? Then "the Rest of us" didn't pay for them. But even besides that, do parents pay taxes for nothing? The education that is recieved in the Public school arena is mediocre to a large degree. If we were to follow this kind of logic I think I should get reinburst from the Taxpayers for the Crappy education that was forced on me.
You were safe in your factory, because of the police forces and fire forces that the Rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory and hire someone to protect against this because of the work the Rest of us did.
*Facepalm* I'm seriously considering bringing back the drinking game.
Once again, they don't have a choice. May I remind everyone however, how GREAT the police did when it came to the Mafia? I mean they were never crooked and corrupt or anything. It's not like they would sell out informants and squealers for a price. Yeah, that never happened. But like I've said, you can't hold something that the Businessmen didn't have a CHOICE in over their heads.
I would say that this rant simply isn't logical, but then we are talking about a Liberal, it's implied. Alice in Wonderland makes more sense than these people do.
You have to wonder sometimes how Democrats get away with the whole "Anti-Big Corporations" facade. Because that's all it is.
This is what happens when you give out Government money to Companies! You get a bunch of Loser businesses who couldn't make it on their own, i.e. why they had to get the Government money. Capitalism is about Profit and Loss caused by a Businessman's ability to create and sell the best product with the lowest price. Bailing out Companies DOESN'T work. It STOPS incentives.
If, for some reason, I can suddenly jump off a cliff and NOT die, there's no reason for me to avoid the cliff. There is then no reason for me to be precautious, to stay far away from the cliff, to have life insurance!
Unfortunately, logic and economics are two things devoid with our President and his Staff.
It's hilarious! They blame the banks, though to a degree it was their fault, but now the Government! The Government was the one who told the banks they needed to give Loans to people who couldn't pay it back. While the banks could have been more prudent, those who weren't would have gone under. But guess what? The Government Bailed them out. You can't get the Economy back in track without letting moronic companies and businesses to go under. That isn't Capitalism. That is Corporatism and Elitist Economics.
Also, these people aren't fighting the Government (did I leave that out?) so they AREN'T like the Arab Spring. These people are going after Businesses. Unless they start standing outside the FEDERAL RESERVE, they aren't NOTHING like the Arab Spring. They are more like the Student Riots of the 60's.
It's always funny to see the new ideas these people come up with. In the article Jeffrey Sachs repudiates political idols John Maynard Keynes (something I could do all day) and Adam Smith as basically too old. He believes we need a NEW path to economic success and to quit the Left and Right economic ideologies. Education, he makes clear in his article, is the most important part of our economy and for American Jobs:
"Americans with a college degree are generally okay. Their unemployment rate is 4.3% and average incomes are above $60,000 per year. There are many help-wanted signs for talented computer programmers, engineers, and other high-skilled workers. Americans with a high-school diploma or less are falling into poverty, with unemployment of 10% and incomes averaging less than $30,000 per year. For these workers, the only help-wanted signs are for dead-end jobs that lead to poverty."
Need I say it? The more education you have, the more your labor is worth. But then what does that have to do with the economy? Let's see....
"With America at the brink of financial collapse and class war, it is time for all sides to follow a new direction: a long-term effort to invest in skills and twenty-first-century infrastructure, paid for by increased taxes paid by cash-rich multinational companies, high net-worth individuals, and polluting industries. Rather than creating low-skilled and temporary jobs for our kids, we should be helping kids to stay in school until they have the skills to compete effectively in the new global economy."
See it now? The ONLY way we can get out of this economic downturn is to tax rich companies, high income individuals, and polluting industries! Gee, that kinda sounds familiar. It maybe just me, but that sounds like the usual Left ideology. I mean for a guy who nearly denounces Keynes, he sounds a lot like him. Well, he sounds a little like, well I don't know..... Pelosi, Reid, Obama, Barbara Boxer, the entire Democrat party. But, No! He's different. Look:
"The money to pay for this expanded effort can come largely from the top of the income distribution. The top 1% of households took home 10% of household income in 1980 but now take home roughly 23%. Along with this remarkable surge in income after 1980 came tax cuts and increasingly easy access of the rich to offshore tax havens."
Oops. I was wrong. It's the EXACT same policy we've been hearing from the Left. If you can find anything different Please, tell me. I beg you.
Just to end a few of the fallacies (though they NEVER end) in there by the way:
American Public schools get TONS of money. The fact is we have a bureaucratic system that instead of finding ways to help kids, finds ways to make more and more worthless education jobs. In a recent John Stossel special, he showed that many Charter Schools do BETTER and have higher graduating rates than public schools even when charter schools work with LESS funding.
IF you are planning on taxing companies more (we already have a 35% Corp income tax) don't plan on them sticking around! They can leave when they want and then there will be Less jobs. Don't expect them to start making jobs when they have Obamacare hanging over their heads and the EPA cruscading against them.
As to the High income individuals, they can leave like the corporations can, and they will go to somewhere Nice and Tropical. Do you really think it'd hurt them that much to move their businesses to the Caribbean or China? Okay, you got me. China's not that tropical.
The Recession was GOVERNMENT caused. Government spending has gotten us into this, it is a paradox to think it will get us out.
