Quote:
Originally Posted by nation-x
This is how the right skews numbers.... by claiming things like these outrageous numbers but never providing context. The typical person works 35 years...
$186,000 / 35 years = $5314/year during their working lifetime... or an average of $442 per month.
Here is an interesting fact.
Total US Household Net Worth as of 2007 was $55,600,000,000,000. If you divide that by a population of 300,000,000 you get an average of $183,000 per capita. Interesting fact isn't it?
Since doing away with the Gold Standard our currency is valued based on Labor Economics... or the value of our output as a country.
http://en.wikipedia.org/wiki/Labor_theory_of_value
If you use these calculations... which most economists do... we are in no real danger because our output plus national net worth exceeds the debt by far.
I am not saying that nothing should be done... only stating that the problem isn't quite as epic as imagined by the fearmongerers. |
like I said, it was simple math
Im sure the economists are polarized by the party they represent, I just see 14.9 million people out of work and more under employed. I see NAFTA making it easier for companies to move jobs to more favorable labor markets. I remember in 2000, my step dad bought a new dodge truck with a cummings, he was a little pissed when he found out it was assembled in Mexico.
less people paying taxes, means less money
Obama seems to be spending more money
do that math
__________________
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that