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Well, that joke about macro-economists and micro-economists is from the Stand-up Economist - a professor of economics who does stand-up comedy on the subject of economics and keeps us in stitches. A dismal science indeed. I believe I qualified my statement with "almost the same" for the...

Orc is great

That makes no sense. Saving and investing are synonymous. Japan is an export economy, thus it doesn't really depend on domestic demand. Thus, if the Japanese save, they are really making their earnings available for production of goods. The problem with Japan is not the savings rate but...

Well, you know what they say about economists....micro-economists are wrong about specific things and macro-economists are wrong about things in general. Money supply has increased by an astonishing amount because the Fed has been buying practically every asset it can get its hands on. The...

Sir, There is only one upside to this chart. It makes it easier for the few to go "on strike" and send the government scrambling for incentives to actually work and invest (and stop immigrating out of the country!). Without Gulags, even dear Stalin found he could not force workers to...

I beg to differ with your answer. Q: How do you add 50M people into a healthcare system over night? A: By force

Indeed, Paj. Just like the U.S. - with one giant exception. Most of the stuff not covered by private insurance in the United States is Hail Mary medicine - extremely expensive treatments with extremely low success rates. The NHS is notorious for not providing pretty run-of-the-mill...

Not true. If the NHS does not pay for a treatment, then you can go to your private insurer and ask the insurer to pay. The catch is that if the insurer pays for the treatment denied by the NHS, they NHS refuses to pay for ANY of the treatments associated with your illness (including...

I agree with your first paragraph. I will, however, add that we have quite the obesity problem here in the United States that is significantly contributing to costs. Over 30% of the population is obese, compared to 12% in France and 10% in Japan. As a doctor, you understand the chronic health...

They won't be paying. They are the new aristocracy, or more accurately the new <i>Nomenklatura</i>. The <i>Nomenklatura</i> (for the unfamiliar) were the collection of barely humans who ran the Soviet Union and distributed the paltry created wealth, stealing most of it for themselves...

Yes, one: Stock market bubble.

You're absolutely correct.

He will be excommunicated from the Church of the Hollywood! Angie will never speak to him again.

The only mistake you made is in saying that by taking the worst of Bush's policies and fast-tracking them, Obama is going to set us back only one more generation. He's sending the U.S. back to the end of the line. He's got the moral-equivalency of Carter and the economy throttling, Stalin...

bad editing! "The freedom to keep my earnings..." it should read.

The freedom to keep my earnings money and the freedom to choose my healthcare. I don't care what your opinion of my opinion is. Your opinion is no more fact than anyone else's. People are free to state their opinion without a long disclaimer. Get over yourself.

I get the feeling you're a shit trader. Successful people are forward looking.

Conservative and libertarian ideas (as opposed to the actions of congress and Bush for the first 6 years of his presidency) are to free people from serfdom to government so that they make achieve on their own for themselves - except for the small percentage of folks who are truly indigent...

Too true. That is the nature of government. Unfortunately, politicians have taken advantage of America's relative strength to usurp power. Of course, centralized power destroys the very people whose production supports the government. The Soviets sort of learned that the hard way. This...

It's not difficult to overrun a country of only 69 million people. Also, France is more liberal with immigration from former colonies - but then treats the immigrants like second class citizens. Yes, France has pretty good care. But, it's a lot easier to administer that care to a much...