posted by M. | 8:59 AM
Matt, that's quite interesting and I'm suprised no one has spoken up, considering the response social issues typically recieve here. Maybe something on abortion or gun control will bring us out of hibernation?I jest, of course.What's interesting is that some of the points about comsumption and/or comsumerism are discussed at length in Glenn Beck's book "Broke". I know he's not your favorite but the history lesson(s) is thought provoking. It's understood that you can always find studies and reports to back up an opinion, no matter what you believe, but watching the news from the EU and not thinking that we need some sort of social policy change borders on the classic definition of insanity. There, that should wake someone up.
wv--Thanks for the tip on Beck. What sort of social policy changes did you have in mind? Did you notice that this show is from an English language network in Moscow, Russia? Things definitely have changed there. For those who haven't done so, it's worth watching and paying attention to the entire program. These aren't the talking heads we're used to hearing.
I did. That took me back a bit. The host said his country was Russia and he had no accent. American born and educated with duel citizenship? No, you don't see that on TV here, do you.I took one of those online political tests and came out libertarian so I guess it's less government, more personal responsibility, etc.The consume what you need, save what you can model works for me and my family. Whether the macro version works is for people smarter than me to decide. But, promising people early retirement with unfunded lifetime pensions hasn't seemed to work either. Who knows.
Clip//With 96 percent of the top 500 American corporations turning profits this year and stock prices soaring to the highest levels since the recession began, you'd think you'd start to see a dent in that near double-digit unemployment rate. But that's not so, partially because companies are boosting their bottom lines by moving toward outsourcing.The AP reports corporate giants such as Caterpillar and UPS are creating more jobs beyond American borders than domestically. Both companies are seeing foreign sales growth rates double domestic increases. The AP cites a Washington think tank that found 1.4 of the 2.4 million jobs created by American companies this year are located overseas.Has your employer outsourced new jobs to foreign markets this year?http://www.msnbc.msn.com/id/40827123/ns/business-us_business///clip
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