Date registered: Aug 2002
Vehicle: 2021 SL770
Location: Fountain Hills, AZ
Mentioned: 2 Post(s)
Quoted: 696 Post(s)
This is what I have gotten out of these discussions so far this morning (I am admittedly pretty dim when it comes to economics):
1. The U.S. seems to be moving toward an E. Asian model of capitalism in which workers who produce goods can not afford to purchase the very goods they produce, with overall economic welfare highly dependent on export sales
2. We are moving toward a Utopian form of socialism in which every citizen works for the government.
3. These are good things.
"If spending money you don't have is the height of stupidity, borrowing money to give it away is the height of insanity." -- anon