i just need to point out, i dont like other people telling me what to spend my money on. i dont wanna fund stem cell research, but by the gov't doing it, it's forcing me to with my tax dollars. japan's gdp didnt increase because of their hybrid cars. not at all. they were coming out of their "lost decade" and industry started to grow in all. an increase in one industry alone cannot cause a jump in GDP. it was also due to the fact they opened up to more imports lowering tariffs. remember aggregate output = consumption, investment, spending, and net exports. they started to invest a whole lot more outside of their nation and started returnin mass profits from the united states, so their people had more money to spend domestically as well, increasing industry spending, thus exporting even more comparable to a jump their economy took in the 1980's. a simple basic macroeconomics course shoulda taught you that, japan is like the prime example macroeconomics at work that everyone uses as an example of what we put into place after the great depression to ever stop one from happening again.
this is just another example of big brother dippin their hands where it dont belong. this goes against the very concept our forefather, minus john adams, believed in. they were all states rightests for the people. theres a reason adams only served one term before the people voted jefferson in. they didnt want a giant federalist nation. that all changed in the 1860's when we voted the first GOP into office, which back then was more like the democrats of today. The GOP was like the new federalist party, in the idea that that the federal government should expand and have more control. when the south didn't like the idea, or most of the policies the federal gov't had to offer, they wanted to secede. i don't blame them. it was the fact that the GOP party took arms, took the first strike, and eventually took the south in war, that we have such a strong federal gov't. the only reason the north supported this party is because he was offering a spread of wealth from the rich, who was mostly southern plantation owners, to the poor, who were the uneducated laborers up north living in city slums. then when the north realized they couldnt win this war, they had to come up with new tactics. they ended up getting southern blacks to rise up and take arms by offering their freedom and a full end to slavery if they helped battle. i hate to say it, but from what i've studied in history, honest abe wasnt so honest....
historians consider there to be 2 era's in our country, pre civil war and post civil war. and i just explained why. if you even look at a college course guide, that's always how american history has been looked at.
there's way too much dead weight in the gov't. 2/3 of the fed. gov't is the IRS. seriously, is that necessary? i don't get it, the gov't just keeps getting bigger and bigger. soon everyone will be workin for the gov't and we'll be a complete socialist nation. we already have a china who owns securities and most of our national debt. now our lovely president offered to drop the missile defense shield if russia "helps with intel on iran". i mean, seriously? why doesn't he just say "here ya go, have fun invading the satellite nations and i'll bring the champagne when the soviet union has risen again. This guy is repeating the mistakes of history. he's the type of guy who never actually did the research papers in college, he was just too damn good at BS'ing his way through he always got good grades.
just remember, this 800bil. stimulus plan for us actually means about 1.4 trillion dollars for China, after interest and spending. i do not feel this was necessary. the dow is at the same point it was in 1997, but clinton never scared the s*** out of the people. he swung right by just stayin laissez faire and letting the economy just work it's course. by the end of 1998 we were fine again. honestly, i'll give credit to where it's deserved. i might not have been a big fan of clinton, but he did the right thing in that scenario. obama on the other hand is scaring the s*** outta our people. people dont know what to do. they dont know whether they should save, spend, invest, etc. so they're just not doing anything. i understand it was rough when all the balloon mortgages/subprime imploded but there was other ways to go about dealing with this. im not even getting into that, thats another thread on here.
as far as stem cell research, it'd be nice to be able to grow new fresh organs, but you know the masses are sooo gonna abuse this technology. skinheads will make sure all their kids are blonde haired/blue eyes, lol. but not even that, you're gonna have gov't's genetically engineering soldiers, maybe even big multi billion dollar corps engineering their workers. and with the change of dna comes with the mutating of viruses, new ones and old ones that have changed, which might be far worse than the s*** we got today. over centuries we've dealt with stuff like ebola, bubola, small pox, whooping cough, etc. with genetically new organs, or even full grown humans or clones, comes a new wave of mutating virii. theres been a ton of research done on this.
i'm just curious as to where some of you get your information. I'm an international business major with a minor in economics and world markets. what i see on here a lot is just a bunch of jibberish the news reporters on tv might dish out, but they have no idea what they're talking about. they just know how to read a teleprompter. honestly, the best way to really dive into economics head first is to get a subscription to WSJ. i get the paper every day. obviously the editorials will always be biased, but for the most part it's pure facts and data. it lets you look at the data, via charts and historical facts, and analyze it for yourself. hong kong has a online journal now that touches on their markets and the world market pretty well.
http://www.hkjournal.org/ its edited by Robert Keatley, former editor of The Asian Wall Street Journal, The Wall Street Journal Europe and the South China Morning Post of Hong Kong. its good to stay updated on the world markets, tells us a lot about our own. everyone should check em out atleast once a week
ok, i can go on for hours, but im done here for now.