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- Apr 13, 2006
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I never claimed that high taxes were all that was relevant, but it is certainly a major factor. I could go into a thorough analysis of the impact of "funny money," printing excess currency through the fed, and the impact on the business cycle within such a scenario. I'd attribute Clinton's success much more to this, but that is a topic for another conversation.You put "ideal" in quotation marks, but I didn't use the word "ideal" in my post. I said that the economy grew and nothing terrible came to pass.
Um . . . no. That is a distorted, heavily slanted, and oversimplified history of the economic growth of the past fifty years. You explain away rapid economic growth when taxes are high, and you do not hesitate to pronounce Reganomics to be the cause of economic growth in the eighties. Clinton's even larger boom, while raising taxes, is completely ignored.
But you do a nice job of proving my point that the economic debate is moot. Reagan and Thatcher, hand in hand, right? Yet even Margaret Thatcher was forced to proclaim "The NHS is safe in our hands" in order to be electable. The NHS under Thatcher continued to be free and universal (some small co-pays existed, as they do today) -- and an economic boom swept through Britain reguardless. Egro, universal health care can coexist with your right-wing economic theories and -- equally signifigantly -- once people have tasted universal health care, not even so formidable a personality as Lady Thatcher can turn the clock back.
You would do so continuously by including it in numerous posts. I neither accepted or denied the statistics. I said that the point was moot in an economy with heavily restricted work weeks."Continuously" seems out of place in that sentence. How could I be claiming it continuously on an internet forum?
It's a well-documented economic statistic, and it's true, as you go on to concede.
OK. My stats might be a little old. I'll concede.There's that word again. Have a bit of a love affair with it at the moment? I get that way with words. Unfortunately, you are again incorrect. French unemployment stands at 8.1% as of May, down from 8.7% as of 2006. Not only is it not "continuously" in the double digits, it's not in the double digits right now.
Poverty is a nebulous concept in which we draw a fake line and say that anyone below it is in poverty. This line is also not drawn at a uniform location from country to country. Also, this has nothing to do with the quality of life of the remaining 94 and 87% respectively. It says nothing of what defines quality of life. It says nothing about why impoverished people in the US insist on having more kids than impoverished people in France (As your statistic above seems to show).In the larger sense, the question is, who cares? 6% of the French live in poverty. 13% of Americans do (and 22% of all children.) It is an accomplishment that millions of Americans work and still live in poverty? It is a failing that France's unemployment rate is 3-4% higher than America's, when the consequences of unemployment are far less severe?
I don't think that an economy is specifically "for" anything. An economy is an aggregate of decisions made by individuals that result in the exchange of currency for goods and services. Most of histories economic boondoggles are the result of people thinking anything else. Quality of life is a very subjective thing. 5 Weeks of vacation is more important than more money to some and not to others. A free economy lets people choose. I have no desire to work a mandatory 35 hour work week and sit around leisurely drinking wine or taking long vacations in all of my spare time. This doesn't sound ideal. There is a whole subset of French youth currently fleeing to London in order to gain access to any social mobility at all. The entrenched French system provides very little of that. A controlled economy doesn't let me pursue what I think is a quality life. I buy insurance to prevent myself from being screwed if I become Ill, and I firmly believe in charity for those who genuinely need it. This can be teased out by letting private individuals determine if the need and cause is legitimate.We just have different ideas of the purpose of an economy. You appear to think that a successful economy is one in which the maximum amount of people work the maximum number of hours, and which gives rise to "dynamic" companies like Walmart, the world's largest. I, on the other hand, think that the purpose of an economy is to produce things that people need and want, and a successful economy is one in which people get those things. And have enough leisure to enjoy them. What good is a fat paycheck while one in four Americans do not get a single day of paid vacation a year, and half of those that get vacation don't use all of it? French workers get five weeks of paid vacation a year, period. Think about it. It's one of the things that slows job creation in France but, once again, who cares? Lowest poverty rate in the world. And you don't have to wonder if tomorrow you'll get sick, be unable to work, and lose everything.
France's economy provides a good life to the French. That's what an economy is for.
Your argument is essentially that the current economy fails to live up to what you want it to do, but it is a poor argument as to why that gives you the right to force others to operate by those standards. By all means, start a commune, but please leave me out.
I'm actually a fan of woman's sufferage 😉. I also don't believe in having the national guard attack non-violent individuals who are committing no crime. I do believe in using force to remove people from private property who refuse to leave. I also believe in a right to associate. I belive however, that a private owner may choose to fire individuals who choose to associate in a manner he disapproves of. If he can't replace them, he'll lose his business. A truly valuable union wouldn't need protection, because it's workers would be irreplaceable and in a good bargaining position. If they are, then the union simply drives up prices for consumers or makes its parent company less competative in the market. I actually never claimed that robber barron america was "ideal." I agree in the freedom within which free enterprise was allowed to operate.Again, you are the one who keeps introducing the concept of a "perfect" or "ideal" system, which you have previously identified with pre-civil rights, pre-women's sufferage, 19th century robber-baron America -- the era of using the National Guard to attack picket lines. I, on the other hand, am interested in improving our current situation in the realm of healthcare by bringing us into the modern era of universal coverage, where the rest of the developed countries have preceeded us. Perfection is not on my agenda. Le mieux est l'ennemi du bien.