umvue
100+ Head-Fier
- Joined
- Nov 6, 2010
- Posts
- 193
- Likes
- 11
Quote:
What sort of jobs in North Dakota that pay $90k ?
oil drilling job?
What sort of jobs in North Dakota that pay $90k ?
[size=medium]She made three interlocking points. First, that the United States is now governed by a “permanent political class,” drawn from both parties, that is increasingly cut off from the concerns of regular people. Second, that these Republicans and Democrats have allied with big business to mutual advantage to create what she called “corporate crony capitalism.” Third, that the real political divide in the United States may no longer be between friends and foes of Big Government, but between friends and foes of vast, remote, unaccountable institutions (both public and private).[/size]
[size=medium]...[/size]
[size=medium]Do you want to know why nothing ever really gets done?” she said, referring to politicians. “It’s because there’s nothing in it for them. They’ve got a lot of mouths to feed — a lot of corporate lobbyists and a lot of special interests that are counting on them to keep the good times and the money rolling along.” [/size]
[size=medium]Because her party has agitated for the wholesale deregulation of money in politics and the unshackling of lobbyists, these will be heard in some quarters as sacrilegious words.[/size]
[size=medium]Ms. Palin’s third point was more striking still: in contrast to the sweeping paeans to capitalism and the free market delivered by the Republican presidential candidates whose ranks she has yet to join, she sought to make a distinction between good capitalists and bad ones. The good ones, in her telling, are those small businesses that take risks and sink and swim in the churning market; the bad ones are well-connected megacorporations that live off bailouts, dodge taxes and profit terrifically while creating no jobs. [/size]
[size=medium]What now?[/size]
[size=medium]What's the best way the US government can get people back to work given our massive deficits, and the huge amount of personal debt for US households? Should we go for an even bigger stimulus plan? Should we adopt a two-stage plan which combines a short-term stimulus (can we afford one?) with significant (and painful) long-term budgetary reform? Is there an even better solution? [/size]
TV says there are many $90K jobs in North Dakota. How come people are not flocking there?
TV says there are many $90K jobs in North Dakota. How come people are not flocking there?
I'm glad that a teenager understands the US' problems so well based on a youtube video, thank god that you exist.
[size=medium]That’s my spin on our political dysfunction. Our economic dysfunction IMO is caused by the folks that make up those vast, remote, unaccountable institutions; the global multi-national corporations, the too big to fails, the owners of capital and theoretical job creators. I think one of the fundamental flaws in the American psyche; the American way of thinking if you will, is this whole notion that if you allow the owners of capital to keep more of their money; they will invest it in productive capacity. I think it’s more likely that the owners of capital invest that money in places with lower labor costs or arcane financial instruments. Labor costs from the perspective of business represent a tax on a company’s revenues and affects their profitability. The paradox is one side’s labor costs are the other side’s income, and consumption. Hard to participate in a consumer based economy without the where withal to do so.[/size]
...
[size=medium]With reference to Sarah Palins Two Capitalisms comment here is a very interesting article:[/size]
[size=medium] [/size]
[size=medium]Two Capitalisms by Joel Hirshorn[/size][size=medium] [/size]
Also i didn't just watch that video and jump to that conclusion i did research and read many articles written by economists.
Just a note that, due to the arguments it causes, we don't allow political (or, though not related to this thread, just FYI, religious) discussion discussion on Head-Fi.
Just a note that, due to the arguments it causes, we don't allow political (or, though not related to this thread, just FYI, religious) discussion discussion on Head-Fi.
Is it okay to keep the discussion within the realm of theory and history?