What is your definition of economic progress?

[Lindsay]

discuss

[Spook_0]

When we have more billionaires than any other country! jk I think a country's best sign of economic progress is the mean standard of living for citizens. A country with a few extremely rich people and a lot of poor people is bad long-term economic progress and those few people with the wealth still don't necessarily have enough buying power to offset the effects the poor people would have on the countries average. That's why America was so bomb when it came to economics before the middle class got such a kick to the nuts, everybody who worked at least had a decent standard of living and some disposable income, these days you gotta work 2 jobs just to scrape by and this countries so dependent on cheap foreign labor that the dollars' been losing value to euro, but we still got more millionaires and billionaires than ever. I'm not an economist and all this probably only makes sense to me, but that' my opinion on it.

[Blacksunshine]

^^ That would be my thoughts as well. When we are so split between extremely rich, and barely scraping by, and extremely poor...we are NOT in a good economic stance.

[T.Beck]

Standard of living is the best measure of economic progress.

[Bhairava]

When we have more billionaires than any other country! jk I think a country's best sign of economic progress is the mean standard of living for citizens. A country with a few extremely rich people and a lot of poor people is bad long-term economic progress and those few people with the wealth still don't necessarily have enough buying power to offset the effects the poor people would have on the countries average. That's why America was so bomb when it came to economics before the middle class got such a kick to the nuts, everybody who worked at least had a decent standard of living and some disposable income, these days you gotta work 2 jobs just to scrape by and this countries so dependent on cheap foreign labor that the dollars' been losing value to euro, but we still got more millionaires and billionaires than ever. I'm not an economist and all this probably only makes sense to me, but that' my opinion on it.

QFT! and if we lived in a socialist society we wouldnt have this problem!

[Killy]

I've argued against free market capitalsim, but I will also argue against socialism. My arguement is pretty simple too. Basically a lot of people suck. They are greedy power hungry assholes. To keep them in check there needs to be a happy medium between economic freedom and social distribution. Unfortunately it hasn't been found yet as it is incredibly complex.

[Blacksunshine]

I have always wondered on an experiment...of multiple presidents. Sure the debates would be insane, and things perhaps long and drawn out (becuase of what Killy said desire for power and control/greed) but at least ALL the voices would be heard.

I'm pretty sure most my thoughts would fall upon deaf ears.



When a single person can veto all of our thoughts...even if they are the majority rule...we are in a hopeless cause. IMO

[Spook_0]

Multiple presidents would probably be a bad idea see how our congress works already. I can't see a lot of constructive things getting done that way.