obama

[prorefco]

We can blame whoever we want but it won't change a thing until we get up and decide to do something about it.

I don't understand how anyone thinks our country can continue to run under ANY president. Capitalism is accompanied by massive inflation, inflation requires more currency, the more a currency is printed the less it is worth.

Under capitalism we will always want more things, and higher salaries, and more more more until we've ran the dollar into the dirt.

Sure Capitalism is great to strengthen an economy for short term gains, but not so great for the long term as inflation dictates.

So, what do you suggest?? Socialism, communism, nazi rule??? If that's what you want, there's plenty of other countries that are awaiting your arival...

[AStudent]

So, what do you suggest?? Socialism, communism, nazi rule??? If that's what you want, there's plenty of other countries that are awaiting your arival...

I don't have a suggestion, as I'm not a professional economist, all I know is it's not hard to see that whether it be 5 years from now or 100, eventually we will not be able to control inflation and it will leave us at rock bottom.

Unless of course we conquer the world...which brings a new light to our ever expanding military.

[prorefco]

I don't have a suggestion, as I'm not a professional economist, all I know is it's not hard to see that whether it be 5 years from now or 100, eventually we will not be able to control inflation and it will leave us at rock bottom.

If you truly believe capitalism will cause this, you really should lay off the koolaid. You obviously believe what the main stream media spews out there...

[AStudent]

If you truly believe capitalism will cause this, you really should lay off the koolaid. You obviously believe what the main stream media spews out there...

So you don't believe that under capitalism we are constantly craving to buy something? Whether it be a new house, car, the newest Iphone?

With all these purchases you will eventually need a bigger salary correct? So minimum wage goes up because of our wants of more, and what happens when everyone in the country gets a raise? We have to print more money because there is simply not enough to go around...so the value is lowered. Through capitalism this is a never ending process.

Have you looked at the currency exchange rate recently?

[coolperfect]

Our system does work! The problem is we have a jerk that wants to keep putting his fingers in the pie! Inflation,too much money chasing too few goods and services.The fed controls it by changing the intrest rates.Let's say your boss has to borrow money to buy a building and a few trucks,instead of a 5% loan the rate is 13%,will that not affect the raise you get.If you buy a car and the rates are higher, that is money you can't spend on other stuff.Inflation is not a problem now,with high unemployment we have a lot of people who can't spend.Except when we buy oil from the Arabs a weak dollar is good for us.If a farmer in Italy wants to buy a tractor,it is cheaper to buy it from us,rather than one made in his own country.

[prorefco]

So you don't believe that under capitalism we are constantly craving to buy something? Whether it be a new house, car, the newest Iphone?

With all these purchases you will eventually need a bigger salary correct? So minimum wage goes up because of our wants of more, and what happens when everyone in the country gets a raise? We have to print more money because there is simply not enough to go around...so the value is lowered. Through capitalism this is a never ending process.

Have you looked at the currency exchange rate recently?

I don't understand the "craving to buy something" you speak of. I don't have an IPhone, whatever that is, nor do I want to buy one. If you have a need to keep up with the Jone's but don't have the money to, then make yourself more productive in your job, get a better paying job, or too bad, no iphone for you. I just don't see the problem.

Secondly, people need to learn how credit for "all these purchases" works. Simply put, you don't buy something on credit that you can't afford. Period. Anyone that does that needs to be punished, no matter what type of government is in place. And NO, the dot-gov should not be bailing out people who made such stupid foolish decisions.

Thirdly, there should be no government mandated minimum wage. The .gov should keep their hands out of private business. If they did, there would be lots of jobs available and people would become more self sufficient.

So again, if socialism works sooooo well, why isn't everybody migrating to Russia, Europe, India, etc??? And if capitalism os soooo bad, is it that so much of the rest of the world wants to migrate here??

Keep on drinking that koolaid kid... It'll cause permanent damage nto your eyesight....

[AStudent]

I don't understand the "craving to buy something" you speak of. I don't have an IPhone, whatever that is, nor do I want to buy one. If you have a need to keep up with the Jone's but don't have the money to, then make yourself more productive in your job, get a better paying job, or too bad, no iphone for you. I just don't see the problem.

Secondly, people need to learn how credit for "all these purchases" works. Simply put, you don't buy something on credit that you can't afford. Period. Anyone that does that needs to be punished, no matter what type of government is in place. And NO, the dot-gov should not be bailing out people who made such stupid foolish decisions.

Thirdly, there should be no government mandated minimum wage. The .gov should keep their hands out of private business. If they did, there would be lots of jobs available and people would become more self sufficient.

So again, if socialism works sooooo well, why isn't everybody migrating to Russia, Europe, India, etc??? And if capitalism os soooo bad, is it that so much of the rest of the world wants to migrate here??

Keep on drinking that koolaid kid... It'll cause permanent damage nto your eyesight....

We definitely have a craving in this country to buy more, just because you don't see it does not mean it isn't there.

Your statement is exactly what I'm trying to get through to you. Get a paying better job you say? Sure...and then when I do this who is going to raise their prices? My company...and when they do that the customers need a better paying job and their company raises prices...then their customers need a better paying job...and everyone has a better paying job due to high prices.

So how do we make up for everyone having a higher paying job? We print more money...economics 101 says that the more you print the less it's worth. The problem now is that we are both borrowing and printing.

If you enjoy other countries paying for your Big Macs then by all means, stay in love with our economics.

[dec]

We definitely have a craving in this country to buy more, just because you don't see it does not mean it isn't there.

Your statement is exactly what I'm trying to get through to you. Get a paying better job you say? Sure...and then when I do this who is going to raise their prices? My company...and when they do that the customers need a better paying job and their company raises prices...then their customers need a better paying job...and everyone has a better paying job due to high prices.

So how do we make up for everyone having a higher paying job? We print more money...economics 101 says that the more you print the less it's worth. The problem now is that we are both borrowing and printing.

If you enjoy other countries paying for your Big Macs then by all means, stay in love with our economics.

I see where it says you are a full time student ....... that kind of tells it all. And I take it you feel you are owed every thing in life. Thats what I want , an employee that does not beleive in capitalism. If I had someone working for me that looked at it that way , it would not take me too long to find a reason to let him go ......... ahhhh things have slowed down a little ( even tho its just till your gone )
Think you need to wise up at all you have learned from your liberal teachers ...... most of them have their heads screwed on backwords and the saying of its all about the kids is really ... Were gonna keep saying we need money so we can keep raising our pay, retirment benifits, and healthcare.

Go ahead and follow their ideas ........... your the one thats going to be setting there years from now paying off what has been borrowed for years under the idea that you can think for yourself you need the government to do it for you.

Full time student ..... ya and I bet you have debt on school loans to prove it.

[prorefco]

No other country is paying for anything for me... ANd I don't buy big macs....

As far as the cravings go, get a life... If you can't afford something you want then too bad, cry me a river... You have the right and opportunity to free enterprise... If you choose not to utilize it, who's fault is that?? I am sick & tired of the .gov robbing me and all the other productive hard working people out there just so that some lazy *&^% *$#^%&^ out there can get fat on our dime...

I really think Russia would be a great place for all those who seem to hate capitalism....

[coolperfect]

Yea,and the more you buy and the more you earn the more tax you pay=less need to print money and more jobs= more spent more jobs more tex paid less printing and on and on!

[AStudent]

I see where it says you are a full time student ....... that kind of tells it all. And I take it you feel you are owed every thing in life. Thats what I want , an employee that does not beleive in capitalism. If I had someone working for me that looked at it that way , it would not take me too long to find a reason to let him go ......... ahhhh things have slowed down a little ( even tho its just till your gone )
Think you need to wise up at all you have learned from your liberal teachers ...... most of them have their heads screwed on backwords and the saying of its all about the kids is really ... Were gonna keep saying we need money so we can keep raising our pay, retirment benifits, and healthcare.

Go ahead and follow their ideas ........... your the one thats going to be setting there years from now paying off what has been borrowed for years under the idea that you can think for yourself you need the government to do it for you.

Full time student ..... ya and I bet you have debt on school loans to prove it.

I've worked jobs since I was 15, worked for my parents before that, only been a full time student for the past two years and do not believe anyone owes me anything. As far as you not hiring me because of my belief system that says it all....just because I believe a system is failing does not mean that I won't work hard. So you hire employees based on their belief system and not how hard they work? How American is that?

[Space Racer]

The problem with our nation isn't capitalism. Capitalism works fine. Capitalism is what made us a great and successful nation.

The problem is crony capitalism. Too many people in government use our current tax system to grant and withhold favors, and to further their own careers.

Bureacracy and regulation have grown to the point where they prevent honest people from going into business for themselves, while encouraging criminals to beat the system. When government keeps things simple, citizens strive to better themselves in accordance with the law. When it gets complicated, people look for simpler ways.

For some, this means cheating the system. And if they're going to cheat, there had better be a profit in it.

[AStudent]

Yea,and the more you buy and the more you earn the more tax you pay=less need to print money and more jobs= more spent more jobs more tex paid less printing and on and on!

I understand what you are saying, but just because we pay higher taxes does not mean there is a need for less paper money. Someone somewhere has those paper bills in their pocket regardless of if it's in your pocket or in the governments.