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Originally Posted by
leo9
Thorne, you got to stop taking those curmudgeon pills. Being a grumpy old man may seem like fun, but if you carry on like this you'll get religion, and then you'll be sorry.
I never used to take the pills, but my granddaughters corrupted me, and if I forget to take them now I'm sometimes accused of being almost tolerable! [shudder]
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The mistake wasn't rescuing the banks, it was rescuing them with public money without getting any public control, so they just went right on doing the same things wrong that got us into this mess.
Here in the US most banks are members of the FDIC (Federal Deposit Insurance Corp.) which insures the deposits of their clients (up to a certain maximum.) During the Great Depression there was no such safeguard, and depositors lost everything when the banks failed. Now those depositors are protected, at least to a degree. But I agree, letting the banks carry on with business as usual after failing so spectacularly is a fools game.
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You mean, if it's not being done by corporations, it doesn't exist economically. If people are working for themselves, not making profits for shareholders, they might as well be unemployed for all the good they're doing.
No, not at all. It's just that, with small businesses, people tend to work longer hours and wear far more hats than if they were working for someone else. You mentioned that you are self-employed. Do you hire an accountant to keep your books? Do you hire someone to sweep your floors? What about a purchasing agent? Chances are, even without knowing just what kind of work you do, there are many things which a manager in a large business would hire someone to do, that you do for yourself, even during lunches and after business hours. That does nothing to help the job market, of course.
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I take it you're not a Star Trek fan ;) You don't believe people will ever work for nothing?
Actually, I AM a fan, I just don't mistake the Star Trek Universe with current reality. Sure, people work for nothing. Charitable organizations depend upon it. But most of those who do aren't dependent on working for a living. They do it for amusement, to have something to do, maybe to increase their social status, or even maybe because they think it's the right thing to do. Regardless, it's because they have the TIME to do it, and enjoy it to some degree. But those same charitable organizations will tell you that those kinds of people are rare indeed.
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Right now, all over the developed world, a large percentage of the population are working full time cooking and cleaning and tending children without a cent of pay
No MONETARY pay, I agree. But they have clothing, a roof over their heads, three meals a day. SOMEONE is paying for that, probably by working. These caregivers are (generally) getting some form of compensation (though probably not nearly enough for what they do!)
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and nobody (except for some feminists) thinks that odd because it's what women are supposed to do.
Well, let's not forget that there are some men out there who do such things, too. Traditionally women have taken on that role, but that is changing. Most US households depend upon two incomes anyway, so the kids are being sent to daycare and school.
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And looking at it from the other end, the people at the top of the economy have more money than they can find ways to spend even though there are whole industries devoted to wasting their money for them.
And those industries hire workers to help the rich waste their money. Nothing wrong with that!
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By textbook economics, they should have stopped working long ago, they have no economic incentive. But some of them work harder than the guy on an hourly rate.
I remember when my grandmother wouldn't call our house because it was a toll call, and she lived through the Great Depression, learning that you pinched every cent until it screamed. Spending ten cents on a phone call was scandalous to her, even though she could afford it. It's the same with those who have worked hard all their lives to get ahead. It becomes a habit, one that can be hard to break. Plus they feel they have to keep making money to support their kids, who are spending it almost as fast as the parents make it.
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I grant you that the government and the private agencies whose statistics say otherwise might all be lying. What I want to know is, where do you get the facts that contradict them all? Or is it just a gut feeling?
As I mentioned in an earlier post, my data comes from the local newspaper, the local unemployment service and the internet services that help people find jobs. I have no formal training in economics, nor any real interest other than what I need to know to keep my own finances in order. I will grant that there aren't always new jobs posted every day, but there are several posted each week, and this is a relatively small community.
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US teacher training was cut down to "this is a blackboard, this is chalk, but you won't every use them because all you have to do is stand in front of a class and try to shout down the riot."
Just my point. Schools have become little more than babysitting services, with each teacher passing on the problem students to the next teacher in line. THIS is what needs fixing, and it will take money, but it will also take dedication and determination. Stop worrying about little Billie's feelings being hurt because he isn't learning as fast as Suzie. Stop slowing the pace of teaching to the lowest common denominator. Stop sending disruptive students home (which is what they want anyway) and start teaching kids that there are consequences for bad behavior, and that they are responsible for their own actions. I know it's a radical concept, but it worked for my kids.
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thir talked about giving people the basics of life, you jump to giving them jet-skis and parties.
No, I'm saying that those who can afford jet-skis and parties don't NEED to be given the basics. It's those who are getting free housing, free food and free healthcare from the government, then going out and buying luxuries with the money that they do have that annoy me.