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Old 03-30-2010, 08:59 PM  
Vendzilla
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Quote:
Originally Posted by nation-x View Post
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.
BTW, if your going to bring up the us household net worth, youshould also bring up the liability per person with things like SSN, medicare, prescription drug and US unfunded liabilites, comes to about $349k
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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
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