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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (144034)	7/2/2014 10:48:02 AM
From: koan	Read Replies (1) \| Respond to of 149317

That is absolute nonsense. How do you explain the economic and social success of Denmark, Iceland, Finland, Sweden, Norway, etc? They all have very high taxes and engage in massive income redistribution! <<Koan, mel is right. You aren't seeing the forest for the trees. QE, ZIRP, and all the other Fed shenanigans has diverted vast wealth from the 99% to the 1%. It is massive reverse robin hood. Keynesianism has been proven to be a false god. I am for a safety net, as long as that safety net remains a small portion of the overall use of capital in this country. In economics, it has been proven that reallocation of productive capital to larger safety nets reduces long term growth. It's simple, really. If you have $10M to spend each year, what do you do with it?

To: RetiredNow who wrote (144034)	7/2/2014 10:54:49 AM
From: koan	Read Replies (3) \| Respond to of 149317

We are one of the most primitive of the western democracies because of the wrong headed ideas of the right wing. Starting with Nixon and Raygun. And here is what we need to do in the future. Completely change how our society functions. The thesis is that robots should allow us to work less and enjoy life more. Spend more time learning, and being healthy and happy. But this will require brand new ideas in social structure and function. And that is what we should all be discussing. What sort of society do we want to live in? Look at more advanced countries than ours. Denmark, Finland, Iceland, Norway and Sweden. They have monster social programs: free education all the way to a PHD and even subsidies. Universal health care. They educate most of their population. Few rich or poor and a huge middle class. High taxes they use to manage society for the good of the majority. We need to quit romanticizing corporate ceo's and wall street, as our best leaders and thinkers. They are not and they certainly don't know the most about social science. We have graduate schools in public administration and we should be using some of those folks to prepare ourselves for a major change in how we operate our old primitive society. But as long as the Republicans have the power we will continue to move toward a plutocratic oligarchy.