Examples of why I am losing faith in humanity again.

[crazyisraelie]

Here are posts from my Micro economic class discussions.

Topic: California is the world's 8th largest economy

California has had budget deficit challenges since 1978 when a law was passed to limit the ability to increase taxes. With the additional strain of the current worlwode depressed economy, CA may have to fold. This would cause a ripple effect of undisclosed proportions.

Their deficit has risen slowly over the past three decades to a staggering $24 billion dollars. This includes the cost of single-handedly funding many social programs for the entire nation. It also accounts for 12% of the national GDP.

The government is still watching and waiting to see if CA will be able to solve it's own problems.

Care to see if you could balance the state budget? the LA Times has a website where you can go to find out? http://www.latimes.com/news/local/la-state...57202.htmlstory

Original Article found here: http://news.yahoo.com/s/ynews/20090701/ts_ynews/ynews_ts418

And what would happen to all those people who were unemployed? They would be signing up for unemployment benefits, welfare, food stamps, any government financial assistance that they can get. I do not blame people for taking advantage of government assistance, they have to survive somehow. You made a great a point about higher minimum wage increasing unemployment. I hate to be cynical, but I think our government would welcome a higher unemployment rate, the more people that rely on the government for financial support, the more power that the government has over us. When campaign time roles around politicians can promise more financial benefits to the extremely poor, and the more people that are extremely poor the better it is for politicians. If there is an extremely high unemployment rate and some politician has promised all the unemployed people more money, then who do you think all the unemployed are going to vote for?

These are only some of the ones that I have to read. It is like ripping my guts out and having someone choke me with them.

[Fake from State Jarm]

I could only see that having some truth to it if it also includes having the rich getting richer so they can pay the jobless' share of taxes, and somehow profiting off of it as well, otherwise it's unsustainable.

what makes more sense is having people too poor (or not rich enough) to get their own healthcare and their own (insert benefit gov can provide here), so that the money they do make, which could still be quite a bit, is bundled with their vote and sent straight to a politician promising those benefits.

but I'm not an economistologist so I could be off

[Reoga]

IM at 1,475,000,000 in the Green

[Jenne]

[!--quoteo(post=0:date=:name=Mr Whaley)--][div class=\'quotetop\']QUOTE (Mr Whaley)[div class=\'quotemain\'][!--quotec--]The sum of all intelligence is finite.  The population is growing.[/quote]

[Lord Doom]

the government always wants to control us!

[DrunkWino]

the government always wants to control us!