How is doing it right doing it wrong
It's funny how the grasshoppers; or as john ringo put it the "tofu eating grasshoppers" suddenly wind up asking for help when things go wrong because they didn't prepare.
Swear I am dealing with a lot of grass-hoppers of late. And funny how they are asking for a lot of help, and I am starting to understand more where my Overunit and John Ringo agree; let...them....die.
Ruthless, but I am starting to see the point.
It is kinda odd to hear the Canadian Economist being critical that Canadians as a whole are spending less and have a lot less debt. Wait...they are CRITICAL of this?!?! Huh?
>rubs bridge of nose<
This winds up going back to the whole argument that the model of the economy as it has been for over 30 years if not just off kilter but outright broken now. And a major factor is a lot of it is built on debt...and the "problem" is that Canadians are getting wise to this and not only are getting into "less debt" they've actual as a whole started paying it off.
...doing a lot better than their governments I might add.
I know there are plenty out there where this is not the case, but it is taken as a whole. And what the Overunit and myself are doing is taken as a big example of this. We're making sure our Credit cards are either zero and clipped, balanced at zero asap or we >shudder< REFUSE to take on new ones. This clearly is completely against the whole economic model.
It is common sense, and good practical economic sense, and thus is "wrong" according to economists.
>facepalm<
It's like that observation goes. "If there is nothing wrong with me there is clearly something wrong with the Universe..."
Yeah, it is kinda feeling like that.
Mind you Canadians as a whole don't seem to fit the whole "1 percent ...99 percent" model as well as the rest of the Western World either. In the United States for example you can start the "1 percent" as earning about $400,000 a year. And the entire percentage of what they own and have is a huge slice of the over-all pie. In Canada; the "1 percent" has to start at a far lower number...with it argued to be from $170,000 to $107,000 a year. Apparently redistribution and concentration of wealth in Canada works better, mostly. (I am still aghast that I now with overtime fit the "Top 10 percent bracket")
Where the flaw in Canada lies is with the bottom 20 percent...that is where the problems lay, and it is easier to target the top "haves" then address the "have nots". You really want to make a difference in this country, it is going to take addressing why the bottom 20 are in such bad shape, and raising them up. A lot of ills in society then go away. Or at the very least start shrinking long term and thus providing a society benefit long term.
Ah..who pays for that? Easy target is the "1 percent", but as noted in Canada...that's not so clear cut, here the 1 percent does a fair share more than in the other Western Countries. I think an article in Macleans pointed out that it would take raising out GST by 2% to raise the money needed. In short, everyone pays a share.
Yeah, easier to target the 1 percent is it not? That might have weight in other countries, doesn't really seem to apply here.
But it doesn't eliminate the "flaw in the thinking", as mentioned above regarding those clever economists.
Swear I am dealing with a lot of grass-hoppers of late. And funny how they are asking for a lot of help, and I am starting to understand more where my Overunit and John Ringo agree; let...them....die.
Ruthless, but I am starting to see the point.
It is kinda odd to hear the Canadian Economist being critical that Canadians as a whole are spending less and have a lot less debt. Wait...they are CRITICAL of this?!?! Huh?
>rubs bridge of nose<
This winds up going back to the whole argument that the model of the economy as it has been for over 30 years if not just off kilter but outright broken now. And a major factor is a lot of it is built on debt...and the "problem" is that Canadians are getting wise to this and not only are getting into "less debt" they've actual as a whole started paying it off.
...doing a lot better than their governments I might add.
I know there are plenty out there where this is not the case, but it is taken as a whole. And what the Overunit and myself are doing is taken as a big example of this. We're making sure our Credit cards are either zero and clipped, balanced at zero asap or we >shudder< REFUSE to take on new ones. This clearly is completely against the whole economic model.
It is common sense, and good practical economic sense, and thus is "wrong" according to economists.
>facepalm<
It's like that observation goes. "If there is nothing wrong with me there is clearly something wrong with the Universe..."
Yeah, it is kinda feeling like that.
Mind you Canadians as a whole don't seem to fit the whole "1 percent ...99 percent" model as well as the rest of the Western World either. In the United States for example you can start the "1 percent" as earning about $400,000 a year. And the entire percentage of what they own and have is a huge slice of the over-all pie. In Canada; the "1 percent" has to start at a far lower number...with it argued to be from $170,000 to $107,000 a year. Apparently redistribution and concentration of wealth in Canada works better, mostly. (I am still aghast that I now with overtime fit the "Top 10 percent bracket")
Where the flaw in Canada lies is with the bottom 20 percent...that is where the problems lay, and it is easier to target the top "haves" then address the "have nots". You really want to make a difference in this country, it is going to take addressing why the bottom 20 are in such bad shape, and raising them up. A lot of ills in society then go away. Or at the very least start shrinking long term and thus providing a society benefit long term.
Ah..who pays for that? Easy target is the "1 percent", but as noted in Canada...that's not so clear cut, here the 1 percent does a fair share more than in the other Western Countries. I think an article in Macleans pointed out that it would take raising out GST by 2% to raise the money needed. In short, everyone pays a share.
Yeah, easier to target the 1 percent is it not? That might have weight in other countries, doesn't really seem to apply here.
But it doesn't eliminate the "flaw in the thinking", as mentioned above regarding those clever economists.