[deleted]
$1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
21–30 of 54 posts
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#22Earlier quoted context omitted.
http://boston.com/bostonglobe/ideas/articles/2007/11/25/the_... http://en.wikipedia.org/wiki/North_American_Union
ha i dont see the demise of America just a swift cultural change. Again, Im for assimilation not a majority cultural change. As noted I never considered myself to be racist but after going to state parks in and around PA and MD I guess I am in this regards - sad to say. I finally felt what it feels like to be culturally lost and feel like a minority in my own backyard. I challenge anyone reading this that was born he…
no why should you apologize are you bringing with you a 1,000 of your relatives who speak no english and have no skill to help our economy out of this crisis? Are you illegally crossing America's borders? I doubt it, rather you are coming to America legally with skills that can help us be the strong nation we are and maybe possibly once were.
If we are in this crisis can you tell me how millions of un-skilled illegal immigrants who utilize our free systems and have no buying power is going to help make America's economy stronger?
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#23Earlier quoted context omitted.
ha i dont see the demise of America just a swift cultural change. Again, Im for assimilation not a majority cultural change. As noted I never considered myself to be racist but after going to state parks in and around PA and MD I guess I am in this regards - sad to say. I finally felt what it feels like to be culturally lost and feel like a minority in my own backyard. I challenge anyone reading this that was born he…
no why should you apologize are you bringing with you a 1,000 of your relatives who speak no english and have no skill to help our economy out of this crisis? Are you illegally crossing America's borders? I doubt it, rather you are coming to America legally with skills that can help us be the strong nation we are and maybe possibly once were. If we are in this crisis can you tell me how millions of un-skilled illegal…
"Give me your tired, your poor, your huddled masses yearning to breathe free."
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#24Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#25so is this why my $10 only has $8 of buying power?
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#26With a growing poor population via the influx of immigrants getting out of our financial crisis will be an even slower process. This population is the 2nd largest and the fastest growing. They currently have minimal buying power. Case in point go to your local state park and witness America's future. The face of America in 30 to 50 years and the language we speak will be remarkably different. Im sure this will be dow…
Mexican immigrants are likely to be descended from Native Americans to a much greater degree than white Americans.
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#27Earlier quoted context omitted.
In this scenario, anyone who'd just lost their job would have a lump sum of 40% of their previous salary, plus whatever entitlements they had for unemployment. Anyone still in a job would have that cash to either pay down their debts or to spend on goods and services that would sustain/create more jobs. It's a win/win scenario.
Sounds like a fine idea to me, but not very stimulative. More money would be returned to high income individuals who are more likely to hold onto the extra cash. I'd personally rather it go to infrastructure projects -- faster cheaper internet access, high speed rail, space elevators ;) -- and basic research.
"hold on to extra cash" is intuitive but it is not how our economy works. Anyone saving money has that money circulated into the economy, through stocks, bonds, or bank lending. In fact, it is the wealthy who have the surplus capital available to invest in ventures like those you mention. It is extremely stimulative.
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#28Earlier quoted context omitted.
http://boston.com/bostonglobe/ideas/articles/2007/11/25/the_... http://en.wikipedia.org/wiki/North_American_Union
ha i dont see the demise of America just a swift cultural change. Again, Im for assimilation not a majority cultural change. As noted I never considered myself to be racist but after going to state parks in and around PA and MD I guess I am in this regards - sad to say. I finally felt what it feels like to be culturally lost and feel like a minority in my own backyard. I challenge anyone reading this that was born he…
I'm confused about your fixation on state parks in these posts.
Why did going to a park cause you to come to these conclusions?
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#29Earlier quoted context omitted.
Sounds like a fine idea to me, but not very stimulative. More money would be returned to high income individuals who are more likely to hold onto the extra cash. I'd personally rather it go to infrastructure projects -- faster cheaper internet access, high speed rail, space elevators ;) -- and basic research.
"hold on to extra cash" is intuitive but it is not how our economy works. Anyone saving money has that money circulated into the economy, through stocks, bonds, or bank lending. In fact, it is the wealthy who have the surplus capital available to invest in ventures like those you mention. It is extremely stimulative.
Nostromo specifically said, " not very stimulative. More money would be returned to high income individuals who are more likely to hold onto the extra cash." Which is exactly correct -- poor people spend basically every penny they get because they're forced to, while wealthier people will either pay down debt or save. Thus for a fixed stimulus, your best bang for the buck is income supports for unemployed / poor because they will immediately spend it. Note also a big portion of our current economic climate is a lack of demand.
Try reading a couple months of Paul Krugman -- he explains this particularly well.
Re: $1 of every $5 in US wallets in 2010 came from programs like unemployment & SS
#30Earlier quoted context omitted.
no why should you apologize are you bringing with you a 1,000 of your relatives who speak no english and have no skill to help our economy out of this crisis? Are you illegally crossing America's borders? I doubt it, rather you are coming to America legally with skills that can help us be the strong nation we are and maybe possibly once were. If we are in this crisis can you tell me how millions of un-skilled illegal…
"Give me your tired, your poor, your huddled masses yearning to breathe free."
To be fair, that poem was written when their was a shortage of labor, a surfeit of land, and no government-mandated safety net.