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#1 Economic growth requires growth. There will be damn little of that in the next 4 years, regardless of who is elected president in 3 months. The main questions are, who will be blamed for the lack of growth between the election of 2012 and the next one of 2014, and how will the dwindling wealth of the US be re-distributed? Eventually the electorate will figure it out. I'm not holding my breath as to just when they will figure it out.
Posted by Anguper Hupomosing9418 2012-08-09 15:12||
#2 Economic growth requires growth.
Growth also requires providing goods or services which someone values (needs or wants) and can afford; to create an added value. Growth requires creating wealth. Digging holes doesn't do it; ultimately government jobs don't do it either. They suck up wealth that is created by the private economy. Over-regulating the private economy with inane regulations also dries up wealth. Money needs to keep circulating, creating wealth for individuals along the way--there has to be some velocity to money.
Posted by JohnQC 2012-08-09 15:55||
#3 "Digging holes"
In reference to the article which talks about the government providing jobs by having people dig holes and others filling them up.
Posted by JohnQC 2012-08-09 15:57||
#4 Face it, you are all working for the bankers now, and they are not ever going to take the blame, if it's a blame-game you want.
They will wreck your country and the world and then make you pay for the repairs with slave labour.
The more people who opt out of their game/system, the less their chances of success.
Unfortunately, most are wage slaves not based on a cash economy, so not many options there, apart from demanding to be paid in cash.
Fortunately, I am not in that position, so I can hate whatever I like, (bankers, politicians, etc), with not much comeback, but I fear the majority are, how do the English put it, stuffed for at least the next three generations
Posted by Tarzan Spairt4671 2012-08-09 17:48||