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Archive for the ‘Politics’ Category

Spend your way out of debt

Posted by hanson807 on June 29, 2010

sounds like a hokey infomercial. What idiot would recommend to someone going broke that you spend more money? Well, lots of people like Krugman do. He is not the only one who points to the recession spending of 1981-82. Scot Sumner bends over backwards to agree with him also. It simply isn’t possible to spend our way to prosperity. They have never known or maybe just never acknowledged where wealth comes from. It is not printed by the government. Those bills you have in your wallet are just like a written check, they are only worth something when there is money in the bank. If you print another check book, that isn’t the same as putting money in the bank.

We got lucky after WW II, and we got lucky after 1980. Both had new industries that didn’t diminish old industries and contributed millions of jobs and wealth to the economy to recover from recession/depression. Today we don’t. That doesn’t mean we couldn’t. We actually have one close at hand but it would take some courage.

We could drop all taxes on the medical system. We could make all medical 100% tax deductible. We could reform the laws concerning medical malpractice and the laws concerning testing of new drugs. What could happen is to have the US become a place to take medical holidays. People would come from world round to be treated in our country. We could develop new drugs, procedures and treatments with a fury never seen before. We are developing pharmaceuticals faster now than ever. If we open ourselves up to development, we could start the next giant leap forward if we had the courage to get out of the way.

We could also turn to robotics and batteries. These fuel industry and engineering. Again, we would have to make an effort to make these fields attractive. Reduce the taxes on the industries, reduce taxes on exports and imports of metals. Again we are looking for something to fuel the recovery. Wealth made, not confiscated from those who work.


Posted in Economic, Politics | Leave a Comment »

No Compromise On Health Care is Possible

Posted by hanson807 on January 29, 2010

when the ends are polar. The democrat party wants to nationalize health care. They want the government to control health care. The conservatives don’t want any government control. So there is no compromise possible.

This is like be held up by a mugger. He says he will compromise. You have 100 dollars in your wallet and several credit cards, he will only take 60 bucks and one of the credit card. Did you compormise? He got money he shouldn’t have and a credit card of yours that he shouldn’t have. What did you get? Well a democrat would tell you that you got 40 bucks and the rest of your credit cards. Everyone else would tell you what really happened, you got robbed.

A person can compromise only when a principal is not violated. If you both agree that an outcome is right, you can compromise on how to get there. When the way to compromise is to allow the other side to violate a principal that you have, you have simply lost and you will gain absolutely nothing. They will gain everything.

This is the Health Care debate. Those who believe that the government should not be involved in health care have no middle ground with those who believe in government control of the health care system. Either you stand by the principal of no government control and vote 100% of the time against the health care bills or you capitulate and violate your principal. If you can be shamed into violating your principals, you don’t have any. The president tried to shame the republicans into crossing the aisle and voting for the health care bill. The principal is clear, no government control. Stand by the principal and vote against it with pride.

Posted in Politics | Leave a Comment »