View Single Post
Old 03-23-2008, 09:47 PM   #18 (permalink)
DanS.
Administrator
 
DanS.'s Avatar
 

Join Date: Aug 2007
Posts: 9,793
My Mood:
Thanks: 281
Thanked 596 Times in 436 Posts
Nominated 11 Times in 5 Posts
TOTW/F/M Award(s): 0
DanS. is a jewel in the roughDanS. is a jewel in the roughDanS. is a jewel in the rough
Quote:
Originally Posted by anhailla View Post
No..I won't make you post data.

Not tonight anyway
night DRS
thank-you

One last thing...all of what I'm saying doesn't mean that we don't have some serious underlying economic problems...that need to be addressed. We have a tax system that advocates borrowing over saving. As evidenced that our propensity to save has declined since the 80's to virtually negative now....not because we have to...but because we choose to. Which means that when tough times hit...the effects will be harder than they would if we saved more and had that cushion...it also means there is less capital for investment and therefor growth. Something needs to be done...the govt. needs to be more fiscally responsible and we need to develop a plan that advocates more saving....

Oh...and that the govt. should get involved in helping displaced workers...that would allow us to be more flexible and put people into jobs that are more productive

gnight
DanS. is offline   Top Reply With Quote