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ProfessorGAC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-20-05 03:44 PM
Response to Reply #136
137. Answers
Do you think this country would have been better without this president? Absolutely. I believe he is an empty suit who not only isn't really running things, but is surrounded by people like himself, who don't have the foggiest idea how the middle class and poor live. In addition, almost all these guys ran companies that approached or filed bankruptcy, so they don't understand anything about the long term ramifications of excess leverage on a system.

what needs to be improve? the system or the cash-flow? First the cash flow. No country in the modern age (and i mean NO country) has ever achieved economic dominance and sustainability without a burgeoning middle class. Movement of available cash upward dilutes that leverage badly. A strong, vibrant middle class stabilizes consumption, assures a highly productive workforce, and increases the velocity of money which helps to keep pricing and wage pressures down. Everyone makes money that way, and the need to borrow at the federal level to sustain operations falls. All good results.

As to the system, there is nothing inherently damaging about a strong economic country moving small pockets of wealth around to assure that everyone is at least maintained at the sustenance/shelter level. People who have never lived in a home that they didn't pay for in cash, and wasn't 10,000 square feet have no idea as to how others struggle. So, they think of everything as "theirs". In any major economy, very little is actually any one person's money. The money isn't backed by anything other than a promise of a future strong economy and a stable gov't. So, the money is, in a sense, OURS. All of it. It's just temporarily sitting in some people's accounts in much larger piles. As a result of this transitory nature of wealth, it is superior to assure that everyone has some, while still allowing some to have lots of it.

One major improvement would be to publicly fund federal office elections and rid the system of special interests that work against that which really moves a country forward.

That's enough for now, i think.
The Professor
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