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Post Follow-up to this messageHoward Brazee wrote: > On Mon, 17 Mar 2008 12:09:23 -0400, SkippyPB > <swiegand@nospam.neo.rr.com> wrote: > "It didn't happen?" Twenty-four consecutive quarters of growth? Bah. > > A deficit budget is a tax. That tax is much greater than the tax > cuts, meaning the nation had a tax increase. A budget deficit is NOT a tax until the money is collected. At best, it is a "future" tax. However, it could be paid for in cheaper dollars - due to inflation - and not as great as it seems. Further, if the tax cut yields greater wealth than the deficit, it can be thought of more as a profitable investment, than a tax. Suppose the government delays taking $1 from me for five years. In that time, the $1 multiplies into $10 due to increased wealth. It seems to me the economy is $9 wealthier than had the delay not taken place. The difference in thinking is this: Some believe the amount of wealth is fixed and just needs to be better distributed. Others, like me, hold that wealth can be created. The government doesn't create wealth; it just moves money around (in some cases the government actually destroys wealth). > > And spending money overseas does not help the domestic economy. I just can't believe what I'm reading. This is madness. If my company buys raw materials from overseas for $1 and turn it into something that we then sell overseas for $5, that seems to be a net of $4.00. That is, $4 of wealth has been created. Let's take an extreme example: Bauxite. There isn't much easily available Bauxite in the U.S. In the interests of "helping the domestic economy," we could demand that only domestic Bauxite be used in the manufacture of Aluminum. But then a beer can would be more valuable than the equivalent weight of gold! Does anyone seriously want to plop down a $500 deposit on a six-pack of suds in pursuit of "helping the domestic economy"?
Post Follow-up to this messageOn Tue, 18 Mar 2008 10:14:49 -0500, "HeyBub" <heybub@gmail.com> wrote: > >A budget deficit is NOT a tax until the money is collected. At best, it is a >"future" tax. However, it could be paid for in cheaper dollars - due to >inflation - and not as great as it seems. Further, if the tax cut yields >greater wealth than the deficit, it can be thought of more as a profitable >investment, than a tax. Inflation is a tax. I used to be able to buy more than I can after the feds took that money. The economy isn't helped by paying interest to China and to Saudi Arabia. The Republicans were absolutely right when they preached that we shouldn't tax the future to pay for the present. >Suppose the government delays taking $1 from me for five years. In that >time, the $1 multiplies into $10 due to increased wealth. It seems to me th e >economy is $9 wealthier than had the delay not taken place. The Government is not good at investing my money. The Republicans have been preaching that for decades, and they were right. >The difference in thinking is this: Some believe the amount of wealth is >fixed and just needs to be better distributed. Others, like me, hold that >wealth can be created. The government doesn't create wealth; it just moves >money around (in some cases the government actually destroys wealth). If we invested our money now instead of having the government spend it, our future would be much brighter. > >I just can't believe what I'm reading. This is madness. > >If my company buys raw materials from overseas for $1 and turn it into >something that we then sell overseas for $5, that seems to be a net of >$4.00. That is, $4 of wealth has been created. Point taken - Let me re-phrase: "Money spent on trying to convert Iraqis to Democracy does not help the domestic economy nearly as much as if the people had spent that money on consumer items".
Post Follow-up to this message"Howard Brazee" <howard@brazee.net> wrote: > > Point taken - Let me re-phrase: "Money spent on trying to convert > Iraqis to Democracy does not help the domestic economy nearly as much > as if the people had spent that money on consumer items". On the other hand, how much wealth was destroyed on 9/11? There is no way to know for sure how valuable dealing with terrorism will be, but one thing is clear: not dealing with it will be an unmitigated disaster. Working to build a successful democracy in Iraq seems a better use of wealth than simply bombing the terrorists and potential terrorists out of existence, no? -- Judson McClendon judmc@sunvaley0.com (remove zero) Sun Valley Systems http://sunvaley.com "For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life."
Post Follow-up to this messageOn Tue, 18 Mar 2008 11:09:56 -0500, "Judson McClendon" <judmc@sunvaley0.com> wrote: > >On the other hand, how much wealth was destroyed on 9/11? There is >no way to know for sure how valuable dealing with terrorism will be, >but one thing is clear: not dealing with it will be an unmitigated disaster.[/color ] The big assumption is that what we're doing is making things safer. Some people say it is working, others say it is making things worse. At any rate, it is a huge cost to our economy - whether or not it is worthwhile. >Working to build a successful democracy in Iraq seems a better use of >wealth than simply bombing the terrorists and potential terrorists out of >existence, no? Or bombing the people out of existence and giving the terrorists reason to rank us above their neighbors as enemies. But talking business - let's determine our goals and evaluate how we will know when we have accomplished our goals. Determine what we are willing to pay, and develop a plan where we can measure our progress against our objectives. You know, the things we should do when we have any important project.
Post Follow-up to this messageOn Tue, 18 Mar 2008 10:56:02 -0600, Howard Brazee <howard@brazee.net> wrote: >The big assumption is that what we're doing is making things safer. >Some people say it is working, others say it is making things worse. This appears to be a difference in faith, not in anything measurable. If the President is good, then what he does is good. If he's bad, then what he does is bad. Treat it like a business with measurable objectives. Even though we can argue about coding styles - at least we can determine whether a program actually works.
Post Follow-up to this message"Pete Dashwood" <dashwood@removethis.enternet.co.nz> wrote: > "Judson McClendon" <judmc@sunvaley0.com> wrote: > > Not necessarily. > > IMPOSING Democracy on anyone is simply...undemocratic. > > Some countries may not work well under Democracy. It is not a perfect form of Government, simply better than the alternatives. For > Democracy to work you need responsible, thinking citizens who can separate Church and State. > > If a country is living in the Middle Ages, riddled with superstition and f anatical religious zeal, it may well be simply UNABLE to > adopt a workable democracy. Religious states are not Democracies; they are subject to the dictates of God, as perceived by the > population at large. The more extreme that perception, the less room for D emocracy. The God of most major religions is not known > for being democratic; one reason people adopt religion in the first place is because they want leadership. > > You don't think for one minute that, if everyone in the USA (or even the v ast majority) held the beliefs you do, it would be a > Democracy, do you? :-) > > (Me, and people like me would be first against the wall...hardly a democra tic process...) > > The answer is education, not coercion. > > And some respect for the rights of others to be what they want to be (prov ided they do no harm) would not be out of place, either. > > But, until then, "simply bombing the terrorists" may be a good course of a ction... (provided you can definitively identify "the > terrorists" of course...) I'm not saying it would be easy. It may not even be possible. Look at how much trouble Russia is having, and they chose democracy themselves. But world terrorism presents a desperate situation, requiring desperate measures. This is not a school picnic here. Many people in civilized countries are spoiled into thinking that every problem can be solved neatly. Some problems do not have solutions, and others have only messy, expensive and difficult solutions ones. This is not a problem that will just go away if we just ignore it. As you say, I'm all for killing the terrorists, when they can be found. But part of the "education" process is to provide a social environment in which that can take place. As Bush pointed out, democracies are not prone to starting wars with innocent neighbors. I do not think it is the population of Iraq that is so opposed to democracy; the problem is being imported from other countries, like Iran. -- Judson McClendon judmc@sunvaley0.com (remove zero) Sun Valley Systems http://sunvaley.com "For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life."
Post Follow-up to this messageOn Tue, 18 Mar 2008 21:34:18 -0000, tim <TimJ@internet.com> wrote: > >Directly, a hundred billion dollars or so. > >By far the greatest cost has been due to the response to 9/11: > >* The cost of the massive and inefficient Department of Homeland Security, >all the "security theater" at airports etc. > >* The loss of civil liberties, and other restrictions, resulting from the >legislation and actions taken in the wake of 9/11. Also we bribed the victims' relatives by paying huge amounts to the rich ones. And we are now spending a fortune on airport security - and slowing down travel for those who aren't rich enough to buy the cards that let them bypass it. We reorganized a great deal of bureaucracy at great cost (FEMA wasn't considered adequate to handle disasters, so it got replaced in time for Katrina). And, I don't know if this should be considered a cost by itself - but the terrorists were rewarded by getting the response they wanted.
Post Follow-up to this messageOn Wed, 19 Mar 2008 12:14:24 +1300, "Pete Dashwood" <dashwood@removethis.enternet.co.nz> wrote: >IMPOSING Democracy on anyone is simply...undemocratic. Agreed. But Democracy should not be an end in itself - it should be a tool to achieve better life for the people with fewer risks that the State will do harm to the people. As such it has a better track record than many other forms of government, at least when it is limited by a powerful constitution. But it can be corrupted. >Some countries may not work well under Democracy. It is not a perfect form >of Government, simply better than the alternatives. For Democracy to work >you need responsible, thinking citizens who can separate Church and State. I'm interested in the new China. It has built up a non-hereditary class of rulers that get support from the previous generation's rulers. I suspect it can't keep this up without getting another Mao, but it might. Trouble is with governments, we can't roll back time to test how different the people would be with democracy or with traditional despots.
Post Follow-up to this messageOn Tue, 18 Mar 2008 19:09:24 -0500, "Judson McClendon" <judmc@sunvaley0.com> wrote: >As you say, I'm all for killing the terrorists, when they can be found. >But part of the "education" process is to provide a social environment >in which that can take place. As Bush pointed out, democracies are not >prone to starting wars with innocent neighbors. I do not think it is >the population of Iraq that is so opposed to democracy; the problem is >being imported from other countries, like Iran. When democracies (and other states) start wars, they define the enemy as guilty. And every state is guilty of stuff. If we don't find weapons of mass destruction, we change our excuse.
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