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Now, you're introducing "gemness" into public policy. There's another assumption. You assume that Berkley is a gem and worthy of nonsustainable public spending. What makes Berkley a gem while the local community college is not a gem? Does Harvard deserve more nonsustainable public...

Public spending on public universities has been rising faster than the rate of inflation. Is public spending on public universities sustainable? No, it is not.

We don't like paying interest on national debt. Let's reduce public spending which will reduce public debt which will reduce interest payments on national debt.

You used an analogy of a company to explain the behavior of a wealthy person? That is an apples to oranges comparison. Microsoft laid off people to reduce their cost structure. If you reduced corporate taxes so that their overall cost structure was lower, then Microsoft may not have laid off...

Exactly. Public spending on: 1) Police 2) Firefighters 3) Court system 4) Jail system 5) Roads and freeways 6) Border Patrol 7) Military 8) Oversight and enforcement on health issues (e.g. CDC, etc) 9) Oversight and enforcement on interstate commerce 10) Oversight and enforcement of...

But is public spending/investment consistently superior to private spending/investment?

QuickFix is an open source project. http://www.quickfixengine.org/

http://www.greencompany.com/HedgeFunds/HedgeFundIncubatorFunds.shtml GreenTrader offers an Incubator Hedge Fund plan.

Zen Fire API is not available to the retail market.

Fine. You made a statement. I made a statement.

I wouldn't call this a problem per se. In a proper functioning economy, various sectors of the economy will expand and contract. Over time, your inventory levels goes up and down. The prices for the goods goes up and down. For example, when automakers make too many cars, their inventory...

In my opinion, that is partially correct. The Federal budget should be going DOWN, but the politicians in D.C. keep INCREASING THE BUDGET. Supply side economics itself is not a failure. The BLOATED and OUT OF WHACK debts and deficits is a failure of the politicians in Congress. The sizable...

Yes.

See, only smart people like the idea. They understand that manufacturers will raise the price on commercial goods to offset the costs of the additional tax initially (which bothers you according to your insight above), and many people don't see the benefit of that. But then short-sighted folks...

Any economic discussion includes a discussion on taxes. I would abolish the IRS, and all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, progressive...

http://en.wikipedia.org/wiki/Supply_side http://www.econlib.org/library/Enc/SupplySideEconomics.html

Agreed.

Yes, we have evidence. The economic expansion in the 80's and 90's occurred AFTER the taxes were lowered. The deficits occurred because defense spending went up too much.

You assume that government revenue must be maximized. I disagree. Government revenue must be minimized.

Agreed.