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Henry Woeltjen


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What Is The Correct Answer?

We are all influenced by politics. It's either directly through education and participation, or it materializes because of influence applied through legislation or regulation.

People seem to hold political views based on their own personal opinion. However, I don't think they consider long-term impacts, and long-term impacts are probably the only real reason we have government regulation.

I don't believe we can move forward on the back of general opinion. If we can acknowledge that many people are not educated when it comes to economics and general government procedure how can we value a popular vote?

I think it is important that we begin to educate ourselves on how things really work. Economics is not so complicated that you cannot, at the very least, understand the basic concepts.

How important do you think education is?

More importantly...do you believe we should have a global focus....or continue to run our country by how people feel in that given year?

I think we need to apply legislation according to its long-term impacts as it relates to our long-term goals. It's really the only thing that makes sense.

So the next time people on TV are talking about "EQUITY" or "CDO" you should probably take a look at what those terms mean.

Further than that...let's stop making our electoral system a joke. If you go out and vote please ensure you research your candidates.

Voting based on the color of the pin he or she wears...is obviously ridiculous.


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    Dec 13 2012: Education period

    Krisztian was pointing out the other day the problem is that with physics or any science the results are objective and verifiable with economics this is not the case. In fact the powers to be benefit from making the subject ambiguous.

    This has been done in the past with sucess in Canada by Paul Martin and a series of national TV shows.

    Regarding global affairs you are no good to anyone if you do not take care of yourself first which means reduce central or OTUS to a fraction of it's current size and put the power back to the state and local level which empowers the individual as it should be.

    Another factor on this line is that war causes inflation. Granted some of it is necessary but it has to be reigned in a lot. How many soldiers did it really require to get Bin Ladin or Hussein. But if you look at a graph of inflation (see graph #10 at link) the spikes are associated with a war. Otherwise there would be no inflation until Nixon took us out of Bretton Woods.


    Unfortunately as witnessed in the last election when the government forces Peter to pay Paul you can always depend on the support of Paul.
    • Dec 13 2012: "Unfortunately as witnessed in the last election when the government forces Peter to pay Paul you can always depend on the support of Paul."

      And here I was thinking the social security and medicaid guzzling obese seniors, lowly paid (because they don't like book learnin'), medicaid taking, scoot-mobile bound, obese, diabetic teabaggers and bailout money / corporate welfare taking executives and capital gains moochers (the three population segments that cost the government the most money per capita) voted overwhelmingly republican...

      And man, all those red states mooching federal money from blue states must be a lie too, thank you for enlightening me Pat.
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        Dec 13 2012: I'm not a Republican. And yes I agree welfare is welfare.

        Although every employee pays 15.2% of their paycheck to medicaid and social security so it is not welfare.

        But none the less I hear that the average medicare recipient receives 3 times what they pay in.

        On the other hand healthcare is a bubble created by the government in the first place.

        But I do find it ironic that your sarcasm is aimed at me, your ignorance is the thing that is overwhelming, there really is something to know about this subject.

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