Monday, November 7, 2011

Re: broke?

reduce the size of the government and control their spending,
especially military spending on foreign nations through an
interventionist policy
the US is not a charity organization or the world police

eliminating personal income tax would also be a good start ... make
businesses earn their keep

On Nov 6, 6:43 pm, geoffrey theist <gtheist...@gmail.com> wrote:
> what is the alternative?
>
> On Sun, Nov 6, 2011 at 2:44 PM, plainolamerican
> <plainolameri...@gmail.com>wrote:
>
>
>
>
>
>
>
> > Only 58 percent of Americans have a job right now.
> > Only 56 percent of Americans are currently covered by employer-
> > provided health insurance
> > The median yearly wage in the United States is $26,261
> > The average American household is carrying $75,600 in debt
> > Only the top 5 percent of U.S. households have earned enough
> > additional income to match the rise in housing costs since 1975.
> > At this point, American families are approximately 7.7 trillion
> > dollars poorer than they were back in early 2007
> > The poorest 50% of all Americans now own just 2.5% of all the wealth
> > in the United States.
> > Approximately 21 percent of all children in the United States were
> > living below the poverty line.
> > Today, there are more than 44 million Americans on food stamps, and
> > nearly half of them are children
> > Close to 20 percent of all American men between the ages of 25 and 54
> > do not have a job at the moment
> > Globalization forces Americans to accept that the coming decades are
> > likely to see U.S. standards of living decline relative to the rest of
> > the world.
>
> > According to Marx, capitalism will inevitably lead to ruin in
> > accordance with certain laws of economic movement. These laws are "the
> > Law of the Tendency of the Rate of Profit to Fall," "the Law of
> > Increasing Poverty," and "the Law of Centralization of Capital." Small
> > capitalists go bankrupt, and their production means are absorbed by
> > large capitalists. During the process of bankruptcy and absorption,
> > capital is gradually centralized by a few large capitalists, and the
> > entire middle class declines. Thus, two major classes, a small
> > minority of large capitalists, and a large proletarian majority are
> > formed.
>
> > --
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