Comments on: The Economics of John Edwards http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/ Fri, 19 Mar 2010 14:12:50 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Southern Democrat http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-514 Southern Democrat Fri, 23 Nov 2007 17:48:06 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-514 I know Edwards is the best candidate there is for the Presidency. Just because the man has a nice haircut doesn't mean he is the devil. He hasn't been immoral , or corrupt as a Senator, as some others have been and still are. I say go ahead and give him a chance. Some one needs to help the poor people again. He is the only candidate Democrat or Republican who is will speak about poverity. The bible says in Mark.14:7 For ye have the poor with you always, and whensoever ye will ye may do them good: but me ye have not always. He will be my choice for President and the Next President of the United States. I know Edwards is the best candidate there is for the Presidency. Just because the man has a nice haircut doesn't mean he is the devil. He hasn't been immoral , or corrupt as a Senator, as some others have been and still are. I say go ahead and give him a chance. Some one needs to help the poor people again. He is the only candidate Democrat or Republican who is will speak about poverity. The bible says in Mark.14:7 For ye have the poor with you always, and whensoever ye will ye may do them good: but me ye have not always. He will be my choice for President and the Next President of the United States.

]]> By: Business and Personal Finance http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-281 Business and Personal Finance Wed, 24 Oct 2007 14:10:35 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-281 <strong>Business and Personal Finance...</strong> I couldn't understand some parts of this article, but it sounds interesting... Business and Personal Finance…

I couldn't understand some parts of this article, but it sounds interesting…

]]> By: Da King http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-76 Da King Mon, 01 Oct 2007 12:56:29 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-76 Omelas, It is the net effect of all John Edwards policies that I think would be very detrimental to the economy of the country, not just the raise in the minimum wage alone. However, the minimum wage increase that congress pushed earlier this year was offset by tax cuts to business, which made the increases more of a zero sum game, and also made me agree with them. I'd rather see the money go to the workers than to the government. I also don't disagree with every single item on John Edwards policy list, ie, cracking down on offshore tax havens. I just wanted to list all his positions. I do think Mr. Edwards is being disingenuous in listing this as a significant revenue source, however. I'm well aware of the 'tax the rich' mantra of the left, and actually, I agree with progressive tax rates up to a point. What I don't agree with is taxing people at so high a level that it hurts the economy, and therefore hurts the very people it proposes to help. The goal isn't to increase the size of government, the goal is to provide for the welfare of the people. Good, high paying jobs are the best way to ensure that. You don't get those by taxing the business owners and investment capital at oppresively high rates. Turning over ever more and more of our money to the government doesn't help us become anything but dependent slaves in the long run. Omelas,
It is the net effect of all John Edwards policies that I think would be very detrimental to the economy of the country, not just the raise in the minimum wage alone.
However, the minimum wage increase that congress pushed earlier this year was offset by tax cuts to business, which made the increases more of a zero sum game, and also made me agree with them. I'd rather see the money go to the workers than to the government.
I also don't disagree with every single item on John Edwards policy list, ie, cracking down on offshore tax havens. I just wanted to list all his positions. I do think Mr. Edwards is being disingenuous in listing this as a significant revenue source, however.
I'm well aware of the 'tax the rich' mantra of the left, and actually, I agree with progressive tax rates up to a point. What I don't agree with is taxing people at so high a level that it hurts the economy, and therefore hurts the very people it proposes to help. The goal isn't to increase the size of government, the goal is to provide for the welfare of the people. Good, high paying jobs are the best way to ensure that. You don't get those by taxing the business owners and investment capital at oppresively high rates. Turning over ever more and more of our money to the government doesn't help us become anything but dependent slaves in the long run.

]]> By: omelas http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-63 omelas Sun, 30 Sep 2007 18:51:52 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-63 "Overtime, the value of the minimum wage has been eroded by inflation. For example, the minimum wage fell about 29% in real terms between 1979 and 2003. It reached its highest purchasing power in 1968, when it was set at $1.60 an hour, or the equivalent of $9.12"

* Congressional Digest Forward, March 2007, Vol. 86 No 3.

Which means that businesses were paying to their workers almost as much, adjusted in dollars, in 1968 as they would pay at $9.50 in 2008. Yet paying workers so fair a wage in 1968 didn't destroy the economy.

Fiscal Policy data studying the effects of the minimum wage raise in New York State 2005 can be found at the link below.

http://www.fiscalpolicy.org/2005MinimumWageIncrease~PreliminaryAssessment.pdf

An interesting article below about the effect of raising state minimum wages above the federal level. After campaigning against the raise in Washington State, the state’s major business lobby, the Association of Washington Business, is no longer fighting the minimum-wage law, which is adjusted every year in line with the consumer price index.

http://www.nytimes.com/2007/01/11/us/11minimum.html?_r=1&oref=slogin

Although I was curious about why you would object to cracking down on off-shore tax havens. Surely you wouldn't feel bad if someone with 3 vaccation homes and several sports cars finally had to pay his taxes? So he has to forgo new carpet on his corporate jet. Real tears?

]]> By: roysoldboy http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-32 roysoldboy Fri, 28 Sep 2007 05:35:19 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-32 Chris, do you mean that you are starting to think that left which becomes socialist soon is the direction to go? Do you believe that admitting defeat in Iraq as Senator Reid keeps saying we must do is the right direction? If so how do we ever get any other countries to believe in what the US says about anything.? Chris, do you mean that you are starting to think that left which becomes socialist soon is the direction to go?

Do you believe that admitting defeat in Iraq as Senator Reid keeps saying we must do is the right direction? If so how do we ever get any other countries to believe in what the US says about anything.?

]]> By: chrisrick http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-31 chrisrick Thu, 27 Sep 2007 21:04:45 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-31 Is this country moving in the right direction? I'm not so sure anymore. Is this country moving in the right direction?
I'm not so sure anymore.

]]> By: Da King http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-27 Da King Thu, 27 Sep 2007 11:03:25 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-27 Roy, you mentioned Obama, and yesterday I went to his website to see what his proposals were, because I was going to put them into a post also. I'm trying to get the actual policies of some of these candidates out, since the debates are about as disappointing as can be. I'm tired of hearing the nonstop Bush bashing, I want to know what these candidates are going to do. I discovered something I have long suspected about Obama, ever since reading his book. HE DOESN'T HAVE ANY SPECIFIC PROPOSALS about hardly anything. Ending the Iraq war is about the only concrete thing on his entire website. Absolutely everything else was nothing but generalities. At least I will give Edwards credit for making actual proposals, even though they scare the bejesus out of me. I will repeat again what I've said about Obama several times. His speeches sound good, until after about 15-20 minutes you realize he hasn't said anything. His website only confirms that. Sunkl, you're right. Hillary is only marginally better than Edwards. They would both move the country in the wrong direction, as would most Democrats. Can you believe Hillary is considered the 'centrist' in that group now ? That only illustrates how far over the left edge the Dems have fallen. Roy, you mentioned Obama, and yesterday I went to his website to see what his proposals were, because I was going to put them into a post also. I'm trying to get the actual policies of some of these candidates out, since the debates are about as disappointing as can be. I'm tired of hearing the nonstop Bush bashing, I want to know what these candidates are going to do. I discovered something I have long suspected about Obama, ever since reading his book. HE DOESN'T HAVE ANY SPECIFIC PROPOSALS about hardly anything. Ending the Iraq war is about the only concrete thing on his entire website. Absolutely everything else was nothing but generalities. At least I will give Edwards credit for making actual proposals, even though they scare the bejesus out of me. I will repeat again what I've said about Obama several times. His speeches sound good, until after about 15-20 minutes you realize he hasn't said anything. His website only confirms that.

Sunkl, you're right. Hillary is only marginally better than Edwards. They would both move the country in the wrong direction, as would most Democrats. Can you believe Hillary is considered the 'centrist' in that group now ? That only illustrates how far over the left edge the Dems have fallen.

]]> By: sunklhammer http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-26 sunklhammer Thu, 27 Sep 2007 02:16:12 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-26 The good thing is that Edwards doesn't have a snowballs chance of becoming President.....EVER!! The bad thing is that "her" plan is almost as oppressive as his is, and she has a chance of winning the WH. The only good thing about her winning is that she'd barely be able to make through her first term without getting impeached....or strung up from the nearest lamp post. The good thing is that Edwards doesn't have a snowballs chance of becoming President…..EVER!!

The bad thing is that "her" plan is almost as oppressive as his is, and she has a chance of winning the WH.

The only good thing about her winning is that she'd barely be able to make through her first term without getting impeached….or strung up from the nearest lamp post.

]]> By: larry d. http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-23 larry d. Wed, 26 Sep 2007 20:41:50 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-23 It's a good thing poor people don't vote! It's a good thing poor people don't vote!

]]> By: roysoldboy http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/comment-page-1/#comment-22 roysoldboy Wed, 26 Sep 2007 20:02:17 +0000 http://www.ohiomm.com/blogs/da_kings_men/2007/09/26/the-economics-of-john-edwards/#comment-22 I sincerely wonder if the Edwards campaign has ever given one thought to how much it will cost to implement his proposed program. I would say that they say you can buy lots of votes with promises and then after the election you can forget the promises since the Congress isn't going along with many of them. It was nice to see that he does have at least one thing that won't cost any money. I do have my hand on my wallet and am hoping I don't forget to keep it there. Is there a possibility that Edwards, Obama, and Clinton are managing to outpromise each other? It would seem that their people just don't understand what happens when you win an election and people start looking for the promises to get enacted. The worst part of Edwards is that all his promises are for "poor" people and all the rest of us will get to pay to keep them going. Isn't that a very socialistic sounding program? I sincerely wonder if the Edwards campaign has ever given one thought to how much it will cost to implement his proposed program. I would say that they say you can buy lots of votes with promises and then after the election you can forget the promises since the Congress isn't going along with many of them.

It was nice to see that he does have at least one thing that won't cost any money. I do have my hand on my wallet and am hoping I don't forget to keep it there.

Is there a possibility that Edwards, Obama, and Clinton are managing to outpromise each other? It would seem that their people just don't understand what happens when you win an election and people start looking for the promises to get enacted.

The worst part of Edwards is that all his promises are for "poor" people and all the rest of us will get to pay to keep them going. Isn't that a very socialistic sounding program?

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