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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (184405)	3/9/2004 3:51:03 PM
From: tejek	Read Replies (1) \| Respond to of 1573215

Ted, Did you not read what I posted........it would have to be done over time in order to minimize the inflationery ramifications. Whether it's done gradually or not is beside the point. The effects will be the same nonetheless, and that's not even counting the effects of sudden change. Besides, inflation will negate the benefits of raising the minimum wage, and you're back to square one, except that now everyone else is poorer. If the attitude is as negative as yours, of course it can't be done without a huge, unpleasant, economic upheaval. You should have heard those who yelled when it was proposed that each community in the Mpls/St. Paul metro area put half of their tax money collections into a metro pot. It was proposed that the combined tax monies were to be redistributed based on need rather than the amount of a community's contribution. For an example, the well off suburb of Edina might put in $100k and get only $50k back. Whereas, Mpls. might put in $500k and get $1,000,000 back. You should have heard the screams from opponents of the measure.......they predicted that it would be the ruination of the metro area......people would leave in droves. Of course, that never happened.........that was over ten years ago and the metro area is more prosperous than ever. The Twin Cities metro area is one of the "smart cities". By almost any metric, they are doing well. The smartest thing a society/community can do is to bring up the bottom 1/3 by helping them participate in the prosperity of a nation or state or metro area. That's what Clinton did with people who were on welfare during the '90s and we had the longest peace time expansion in this country's history. The economic pie is big......big enough for everybody to be prosperous! Of course, JC knew that and that's what He taught. ted