That is pretty amazing. Like I posted earlier I sympathize with the protesters but didn't think it would be effective because of the lack of focus. But if it is making people aware and awakening their perception that is more than I would have thought would happen. I still think using wealth differential as an example to reform campaign finance and the power of lobbyists would still be the best focus.
Hi. This is good stuff. <iframe width="560" height="315" src="http://www.youtube.com/embed/nVTj-vuoRoE" frameborder="0" allowfullscreen></iframe>
But there has to be analysis of those metrics, an identifiable causality. If your solutions amount to telling private citizens "stop doing X" or "give me Y", that just comes off as complaining and demanding. The conservative message is more coherent. Excessive debt, taxes, regulation, and spending have led to stagnating growth and high unemployment and increased uncertainty about the economic future. The Eurozone is a clear indicator of where we are headed if changes are not enacted. The left sees financial gains as ill gotten, whereas the right sees financial gains as a goal to strive for and emulate.
But that message is full of falsehoods. Taxes have gone down, which is one of the causes of the debt, and deregulation has lead to plenty of the problems. The Eurozone is definitely having problems, but most of it has a higher rate of upward social mobility (it's easier to move up in much of Europe including France, Spain, Demark, etc.) The strict measures to cut off the debt in Great Britain made their economy worse.
So the United States has: Excessive debt Excessive taxes Excessive spending Something doesn't seem quite right here.....because they cannot all be excessive. Tax = Revenue, Spending = Expenditure, Debt = difference when Expenditure > Revenue. What on earth is this absolute tosh, rubbish, garbage, claptrap that somehow ALL of three are 'excessive'?
It's funny that you bring that up, because the side of the Eurozone that is failing all have residual, primitive welfare states with high rates of tax evasion/loopholes, and a dependence on church and family values. sound familiar? Whereas more universalistic achievement performance systems such as Germany or Austria are thriving---and don't even mention the Nordic social democracies!
It should go to zero. Corporate income taxes are embedded in the cost of everything we buy, it's just not transparent. We the consumer pay them in the form of higher prices. from your link http://www.washingtonpost.com/blogs...m-on-tax-cuts/2011/09/06/gIQAmL2h7J_blog.html
The OWS have good points, and they are correct in the economic stagnation and inequality. Im just not sure it's as simple as blaming Wall Street.
Roubini---another celebrated economist who ranks #4 on Foreign Policy magazine's list of the "top 100 global thinkers." Also, Jeffrey Sachs---youngest fully tenured economics professor at Harvard ever, graduated with a PHD in economics from Harvard, named one of the 100 Most Influential People in the World by Time Magazine, openly supports the movement. In other words, I already count on my hand more people qualified to write a economic policy plan for a president than Simcity Citizen Cain has at his disposal.
Wall Street is a metaphor for a rigged economic system that has enabled a massive and dangerous concentration of wealth.
