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Showing posts with the label United States

The U.S. Budget and Compromises

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English: A graph of the US GDP compared with Federal budget outlay. (Photo credit: Wikipedia ) The United States' federal budget spends a lot of money: between $3.5 and $4.0 trillion annually. How much do citizens of the United States earn each year? A little more than $6 trillion. In other words, the U.S. government is spending roughly two-thirds of the amount earned by all working  Americans. Two-thirds. The top 10% of income earners represent $1 trillion in earnings, certainly a lot, equal to the entire stock valuation of Apple (not the same as Apple's earnings, which are $9 billion per quarter, $36 billion annually). If every penny earned by the top 10% were confiscated  it would have no material effect on the federal budget. That's how out of sync spending is today. The total wealth  in the United States is nearly $70 trillion, meaning everything owned by every person or company, at current "fair value" is worth $70 trillion. Yet, if you were ...

President Obama’s Second Inaugural Address - Washington Wire - WSJ

The Inaugural Address reveals a lot about Pres. Obama. President Obama’s Second Inaugural Address - Washington Wire - WSJ :  Through it all, we have never relinquished our skepticism of central authority, nor have we succumbed to the fiction that all society’s ills can be cured through government alone. Our celebration of initiative and enterprise; our insistence on hard work and personal responsibility, are constants in our character. I wish I could believe he meant those words, but too often it seems Pres. Obama has faith in central planning, that bureaucrats do know best what is "right" for the rest of us. He is insufficiently skeptical of government, its expertise, and its power. The next section is more along the lines of "You didn't build that…" (a statement I and many others have explored in context of his full campaign speech). The president reminds us that "collectively" we stand. A false argument, since nobody is arguing against all gov...

Comparing Democracies: Switzerland

Regardless, calling something "direct democracy" does make it sound, to the public, as if they are in control. On this matter, I must admit Chomsky is correct (gasp!) -- you can tell people they have rights and powers, yet make them so difficult to exercise as to render those rights almost meaningless. Sartre and Camus claimed words were both meaningless and all we have. We can manipulate them to control people, or to free ourselves. If women could not vote until 1971, and men (the voters) made the decision to allow them power, it's almost laughable. That's like saying "All men are created equal" then making Africans count as only a portion of a man (which the United States did). French-speaking Catholics were restricted in Switzerland until 1978, when public protests (phrasing it nicely) resulting in full rights and even a Catholic state. You can call yourself a democracy, but is it democracy when only certain people get to decide the rules and laws f...

Europeans Don't Understand U.S. System

A curious survey was conducted in Europe by The Economist, using the size of Europe as a starting point for developing the questions. First, remember that America is a system of "states" with independent central authorities. A common currency and common defense was developed, but each state oversees: education, most welfare, transportation, local security, medical care... et cetera. Even the death penalty is a state-by-state issue at present. In other words, The Economist began with the historical comparison of the US to the EU. So, we have 50 States. How many were in the EU? I recall, at least at one point, 15 major members. Anyway, the question then became how many could name the States in the USA, at least two governors, explain the Republican form versus European Parliamentary forms, et cetera. It turned out most Europeans thought the USA had a single system, one set of standards for education, one national set of laws, et cetera. The results of the survery were q...