Thursday, March 24, 2011

American Capitalism isn't working

Lower wages and lower labor costs are desirable goals. 
Lower prices are not a desirable goal.  That's labeled 'deflation.'
Most people are required to borrow to buy what they need.
A policy of pay-as-you-go is not possible for most people, including the various governmental entities.
The so-called Law of Supply and Demand isn't working, viz., the oil market.
An economy that grows vigorously is preferred to an economy that grows slowly while remaining stable.
A 'higher' Standard of Living is preferred to a sensible Standard of Living.
It is wrong to 'make work' but it is good to take work away.
When labor costs are reduced, prices continue to rise.

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