Posted on 02/27/2006 2:46:40 PM PST by Diana in Wisconsin
Precisely. Not in terms of actual currency those're just abstract numbers attached to represent a value and fluctuate daily. But in terms of actual value, yes.
A lot of naturally occuring acid augmented with liberal applications of booze???
Thank you for the verses.
Kinda makes my point. Certainly we must help the needy. I just don't recall anything about "eliminating poverty."
Yes, I'm sure that corrupt dictators will use our aid for the benefit of their people, and not send any of it to their private swiss bank accounts......
/channeling Bono
Then how do eeconomies grow?
Wow another presentation of the lefts solution for any problem that comes up: worldwide socialism. Keep trying guys! One of these centuries somebody will buy it. Idiots.
There are many reasons why people are poor. Often, the problem is not a lack of wealth, and adding wealth will not solve the problem.
That isn't to suggest that one shouldn't try to good in cases where one actually can do some good, but throwing money at poor people will in many cases simply feed the underlying pathologies without really doing anything to help them.
Is Bill SpaceCadet in Jr High School? I think I wrote something similar to this back then.
Many countries have a lot of capital in forms that don't show up on balance sheets. A person who is trained in the practice of medicine and has some number of years before retirement is such an asset. It's possible for socialism to harvest capital and turn it into present-day revenue. Such behavior will work wonderfully as long as there remains capital to be harvested. But when the capital dries up, things will get very bad.
The situation could be viewed as akin to a large store. One day, a new owner takes over and decides to cut prices by 25% and offer everyone a 25% pay raise. The only thing he stops doing is buying as much inventory as he's selling. Until he runs out of product, his employers and customers will think he's much better than the former owner. When the inventory runs out, everything will go kaput. But until then, everything will seem wonderful.
I felt the same way.
LLS
"It is demonstrably, patently impossible to 'eliminate poverty thoughout the world'."
I beg to differ, one could exterminate the people living in poverty. Evil, but possible nonetheless.
We know that neo-Marxists the world over love the poor. They are working so hard to make more of them.
The water is laced with LSD and PCP............
What a nutcase!!!
The only picture I get is you babbling.
Capital has increased vastly on a global basis since 1776, when Adam Smith penned "The Wealth of Nations" and set towards independence. Since then, the US has increased its wealth the way Adam Smith says its happens - by increasing our productive capacity. In doing so, we tore nobody down, although on a relative basis we are now #1. Yet every nation you mention is incomparably richer than it was back then, and is also richer than a mere 30 years ago.
Maybe I was confusing, but I was agreeing with you :)
lilliput
Maybe I was confusing. I was thanking you for your help. LOL.
It must be somewhere near the scriptures that say "The poor will always be among you" and "He that will not work, neither should he eat."
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