U.S. Economic Myths

Even when you export stuff? Remember when you got grilled traveling?

I lived in divided Germany, where the people were horrified at the dossiers by the government's secret police on their erst-while countrymen. It evoked far too painful parallels to a very nasty thing they lived through themselves.

Our government now collects far more, and on more people. They've already used it against people I know, good ordinary people.

I'm not afraid of it personally, but that's because I just steer clear.

Yes, yes, and yes.

I've seen it, lived it, up close and personally.

Yep. It's the same old tyrant's argument--the guy who's never done anything and has no idea what you need, can choose better than you can.

America's secret was always the belief that people deserve to be free, and live better if you let them.

Cheers, James Arthur

Reply to
dagmargoodboat
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Being annoyed at waste and stupidity is not fear.

Right. The government isn't competant to enforce even a small fraction of their stupid rules onto a small fraction of the population. So most people, if they don't do really outrageous things, are left alone.

If they could enforce all the laws and regulations on everyone, the economy would crash. Maybe even they know that.

Like Sloman and Freddy.

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John Larkin         Highland Technology, Inc 
picosecond timing   precision measurement  

jlarkin att highlandtechnology dott com 
http://www.highlandtechnology.com
Reply to
John Larkin

Absolutely; it would bore me to death. I did get an A in Economics 101 in college, the basic guns-and-butter elasticity stuff. It made sense and, for an engineering guy, was obvious and trivially simple. I never got to macroeconomics, which, as I understand it, is the big game to play, and is useless if not destructive.

(Does any community college actually offer an AA in economics?)

Reich would be dangerous if he had any serious influence. HE would have a hard time with Econ 101, because he clearly doesn't accept the basics.

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John Larkin         Highland Technology, Inc 
picosecond timing   precision measurement  

jlarkin att highlandtechnology dott com 
http://www.highlandtechnology.com
Reply to
John Larkin

Yes, and buy and construct bridges with maintenance packages and monies built in. But the bridge was not kept in repair, and where the f*ck did the rotten bastards spend *that* money?

THAT is an everyday occurrence, and it is NOT merely with bridges.

Reply to
DecadentLinuxUserNumeroUno

!!!!!!!!!!!!!!!! YEAH !!!!!!!!!!!!!!!!!!!!

Reply to
bloggs.fredbloggs.fred

Go "design" something.

Reply to
bloggs.fredbloggs.fred

Hey, we got half of a new Bay Bridge for 6.4 billion dollars, about a

4:1 overrun, and the bolts that support the unnecessary decorative tower may break in the next earthquake. The design is such that they can't be replaced.
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John Larkin         Highland Technology, Inc 
picosecond timing   precision measurement  

jlarkin att highlandtechnology dott com 
http://www.highlandtechnology.com
Reply to
John Larkin

Are you in competition with Boston?

Reply to
krw

Yes James. You must be immune to the Kool-Aid.

Reply to
Tom Miller

rote:

athetic situation:

d

Actually, you've got 150 years of experience of being terrified of trade un ions and socialism.

You spend less on collectively funded benefits than pretty much every other advanced industrial country. For a long time, the fact you had a bigger in ternal market than anybody else allowed you to get away with it.

Nowadays Germany collects about half as much again more of it's GDP in taxe s and imposts than you do, and spends the extra money on making sure that m ore of it's work force has some kind of tertiary training than anybody else .

It's generally acknowledged that Germany's success as an exporter - it expo rts almost as much as the US (which has four times the population) and two thirds of what China does - depends on it's skilled and productive work for ce.

a

al

Of course we won't convince you. You refuse to pay serious attention to any body who died after 1850, and idolise Bastiat and the founding tax evaders. This isn't quite as crazy as believing in the literal truth of the King Ja mes translation of the Bible, but it's definitely in the same category.

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Bill Sloman, Sydney
Reply to
Bill Sloman

ote:

government is a necessary requirement for a free market, he did not say it was sufficient.

Sweden and Germany demonstrate that government can usefully interest itself in education, welfare and healthcare. The fact that the US government was set up by the founding tax evaders to be unduly attentive to the wants of t he people that owned the country doesn't mean that better-regulated governm ents can't be useful in other areas.

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Bill Sloman, Sydney 
>  
> --  
>  
> John Larkin         Highland Technology, Inc 
> picosecond timing   precision measurement  
>  
> jlarkin att highlandtechnology dott com 
> http://www.highlandtechnology.com
Reply to
Bill Sloman

Well, I spent the day simulating that pulse integrating situation, and typing up a report for the PITA\\\\ esteemed customer.

I suspect that you don't actually do anything.

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John Larkin         Highland Technology, Inc 
picosecond timing   laser drivers and controllers 

jlarkin att highlandtechnology dott com 
http://www.highlandtechnology.com
Reply to
John Larkin

Who cares if he does or if he does not? I certainly don't care.

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Les Cargill
Reply to
Les Cargill

Which is no guarantee that you could pass the citizenship test. In fact your habit of producing irrelevant responses is the sort of behaviour that leads people to fail that kind of test.

What's that got to do with anything?

I had as series of jobs, pretty much continuously, for some thirty years, before I turned sixty, which Dutch employers regarded as too old.

According to scholar.google.com I was tolerably productive when I was working (search for A W Sloman which is is the way my name appears in author and inventor lists) and John Larkin hasn't been. The US tax department might see thing differently.

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Bill Sloman, Sydney
Reply to
Bill Sloman

Neither actually does categorically. Consumers can spend in job-free ways, and it's easy to invest in things that do not create jobs.

Fairly obviously not... although a some basic means of contract enforcement is mighty useful.

That one's partially true.

There are stocks and there are flows.

The size of government only matters if it actually drives out something scarce enough to matter. So government generally doesn't affect stocks. It does influence land use patterns.

Government paychecks spend just like any other. So it only marginally affects flows.

Government *debt* does not matter, so long as this debt does not signal that the state is failing.

That's not even Karl.

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Les Cargill
Reply to
Les Cargill

This is 100% correct.

He's concerned about "exploitation".

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Arnold Kling's "Three Languages of Politics" describes three basic narrative axes:

- oppressor v. oppressed - the concern of progressives.

- civilization v. barbarism - conservatives.

- coercion v. freedom - libertarian.

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Les Cargill
Reply to
Les Cargill

aid government is a necessary requirement for a free market, he did not say it was sufficient.

e

the citizenship test.

Your idea of the "essentials" - non-reading, ill-informed writing, and sele ctive arithmetic.

s

Yet you claim to have worked in Germany, which is both free and rather more prosperous than the US. The German government takes and redistributes abou t half-again more of people's things than does the US government.

Your capacity for selective attention, which comes close to willed ignoranc e, is pretty remarkable.

Or at least the irrational Tea Party component of it.

Not necessarily true. US politicians do seem to have trouble directing tax money to places where it can do some good - they spend much too much of it on building prisons - but Swedish and German politicians can clearly do a l ot better.

But spending tax money on allowing people to choose to get more education t han they could buy for themselves does seem to work for Germany and Sweden.

The US habit of building liberal arts colleges - the arts are cheap to teac h - rather than spending money on apprenticeships and STEM education, isn't doing the US economy any favours.

The US habit of requiring students or their families to pay for education s eems to have set up a situation in the US where income is more heritable th an height.

In countries where access to higher education is less dependent on the pare nts capacity to live in high rent suburbs (which can afford well-funded sch ools) and to fund their children's further studies at high-fee tertiary ins titutions, income tends to be much less heritable.

The US seems to be in the process of becoming a less-than-advanced industri al country, and James Arthur is intent on moving it further backwards.

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Bill Sloman, Sydney
Reply to
Bill Sloman

At present, we tax, basically labor. It might be better to tax just land. You could then adjust your "consumption" of land if you don't like taxes.

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Les Cargill
Reply to
Les Cargill

And failed to appreciate how well it was doing. How could you? They practice socialism. You really are a master of selective attention.

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Bill Sloman, Sydney
Reply to
Bill Sloman

said government is a necessary requirement for a free market, he did not sa y it was sufficient.

ce

the citizenship test.

's

Your grasp of the aims an purposes of the rules is probably as sound as you r grasp of the scientific evidence supporting the reality of anthropogenic global warming.

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presents a rather different thesis. Piketty's argument is that government i ntervention is the only plausible route to a more egalitarian situation. Th e US Democratic party isn't all that likely make that kind of intervention, but it's a lot more likely to do so than the Republicans.

Rich people with a soupcon enlightened self-interest in prosperous places l ike the US may realise that it is to their advantage to make the working cl ass healthier and better educated - they managed if from the mid-1930's to the end of the 1970's and may yet come to their senses again.

The US government could invest some the money it spends on building more pr isons on making the potential inmates healthier, better educated and more e mployable.

Sadly, that would be doing more, even though it would save money in the lon g term. Keeping people in prison is expensive. Educating them so that they can get better jobs than retailing illegal drugs is decidedly cost effectiv e.

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Bill Sloman, Sydney
Reply to
Bill Sloman

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