tag:blogger.com,1999:blog-2761684730989137546.post5083223298085536270..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Some link economy with crime wavemike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-1492101343488840772009-04-14T08:45:00.000-04:002009-04-14T08:45:00.000-04:00Bashing the government is fashionable. I just got ...Bashing the government is fashionable. I just got back from Washington D.C. with my kids and had a wonderful time. We visited so many museums and monuments, which were awesome and free! Some of the best collections of art, history, and examples of human achievement that you can find anywhere in the world. The sites were well run and totally accessable to everyone who wanted to go. All government run. Go try to visit the Empire State Building in my city of New York. It's a privately run tourist attraction. Be prepared to pay a lot of money for long lines, awful, cramped, un-airconditioned waiting areas while you try to get to the observation deck. Maybe that's a lame example, whatever, but much of the criticism of gov't is undeserved. Look at the military and what it just did to save that sea captain who was being held hostage. Who else could have done it? Blackwater?mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-1550900298812782862009-04-09T13:51:00.000-04:002009-04-09T13:51:00.000-04:00Great points. Getting back to Mike's point that t...Great points. <BR/><BR/>Getting back to Mike's point that the government is obliged by the framer's of the consitution to "promote the general welfare of the people", the people who are in the phrase "government by the people."<BR/><BR/>The very act of bashing the helping of peoples who are in distress by calling it Socialism is a real-time factor which causes some of this mess - namely that sort of bashing is a precursor violence which generates discontent in people who need help from the government, from charities, and from good folks.<BR/><BR/>Let's take the attitude of "PHIL'S GANG" on bizradio - " remember guys throw your pocket change to the cancer kids " - However Mr. Phil does not even look at the possibility of free health care for extremely sick people such as cancer kids <BR/><BR/>What about gun control ? OK 25,000 people die per year from handguns. Our tax money goes to paying for the clean up whether to police, fire, or ambulance services.<BR/><BR/>The expenses of such could have paid for free cancer care for kids.<BR/><BR/>But that's socialist and not American ?!?!googleheimhttps://www.blogger.com/profile/14459089745473598235noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-25923883133605803262009-04-09T10:46:00.000-04:002009-04-09T10:46:00.000-04:00That is a very profound question and I'm not sure ...That is a very profound question and I'm not sure I know the answer to it. I can only say that much of these ideas are no longer taught in economics classes (or "taught" to show that they don't work) and a lot of this thinking is just habit. There is also the "supply-side" phenomenon, which had been so successfully marketed and became an inseparable part of policy for the past 25 years. Finally, there persists to this day a gold standard mentality that is pervasive among the world's central banks and policy makers. Greenspan made note of it once, saying that although we are no longer on a gold standard, we still behave as if we are.mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-75910952749619194892009-04-08T23:26:00.000-04:002009-04-08T23:26:00.000-04:00Why do so many smart, good people, in our media an...Why do so many smart, good people, in our media and government and public misunderstand the basic macro economic principles and maintain these warped beliefs? Is it a lack of education or leadership or what needs fixed?Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.com