why do we find ourselves in the supine position? we all keep running it through our heads and there is a lot of good commentary, but hey we need another thread
1) Trade. The benefits of trade lie in the law of comparative advantage. The problem is that americans have no absolute advantages anymore where we used to own them all. Foreigners are more educated and will work for cheaper wages, that spells big problems in trading with them. The things that an american worker have advantage in is getting smaller everyday.
2) education. We are shifting to an information based economy which puts a premuim on smarts and education while american kids, especially minorities, are caring less about learning and competing. Why study when you can be a millionaire playing ball? Also we accept tens of millions of uneducated illegal immigrants who do nothing to boost advantage other than to drive down home wages. They cost more than they are worth.
3) oil
4) entitlement politics- getting more than you produce
5) demographics. Everyone feels entitled to retiring at 60, and cultural divides are growing not shrinking. Multiculturalism doesn't have a bit of supporting evidence and there are a lot of counter examples.
6) bailouts, supreme waste and diversion of resources to the same fuckers who keep scewing up- in other words socialism.
7) war, unsmartly fought
8) stock trad3r
1) Trade. The benefits of trade lie in the law of comparative advantage. The problem is that americans have no absolute advantages anymore where we used to own them all. Foreigners are more educated and will work for cheaper wages, that spells big problems in trading with them. The things that an american worker have advantage in is getting smaller everyday.
2) education. We are shifting to an information based economy which puts a premuim on smarts and education while american kids, especially minorities, are caring less about learning and competing. Why study when you can be a millionaire playing ball? Also we accept tens of millions of uneducated illegal immigrants who do nothing to boost advantage other than to drive down home wages. They cost more than they are worth.
3) oil
4) entitlement politics- getting more than you produce
5) demographics. Everyone feels entitled to retiring at 60, and cultural divides are growing not shrinking. Multiculturalism doesn't have a bit of supporting evidence and there are a lot of counter examples.
6) bailouts, supreme waste and diversion of resources to the same fuckers who keep scewing up- in other words socialism.
7) war, unsmartly fought
8) stock trad3r
