Where is the US economy headed?

@cicerone imposter,

Only the ones that survive the abortions you want to allow will have to get their to parents work to support them, or maybe that is asking too much of people to do, to actually care about their own children? And the poor people's children are already paid for. This bill expands it to people that should be able to provide it for their own children.

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@okie,

okie, You knumbskull; I don't allow or disallow abortions. Do you take a stupid pill every day or every hour?

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@cicerone imposter,

The mendicants could steal hubcaps like I did.

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@Cycloptichorn,

Cyclopitchorn has no idea of what good health care really is like. If he looked around, he would find it in the USA. He couldn't find it in the Socialist system in Canada. Because Cyclopit chorn is probably unaware that several years ago the Canadian Supreme Court mandated PRIVATE HEALTH INSURANCE. That's right. The gentleman that sued had a very bad hip. IT WAS NOT A LIFE THREATENING SITUATION but if you wanted to get a hip replacement in Canada, you needed to go on a waiting list in the Socialist system they have in Canada. They do all right on terminal diseases but some people have to wait a year or more for elective services.

But Cyclopitchorn( being from Berkeley) is a hard left Socialist. He should have gone to visit Nimh in Hungary. There he would have found a horrible Health System. He would have hurried back home to find the best care in the world. It has been proven to be the best care in the world since when world leaders get sick--they come to the US for the best care.

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@cicerone imposter,

cicerone imposter wrote:

okie, You knumbskull; I don't allow or disallow abortions. Do you take a stupid pill every day or every hour?

Most liberals advocate people have the privilege of abortions, therefore you consent to it, and most libs advocate everyone's tax dollars to do it, even offshore. Many libs also think it is against the constitutional right of a minor to have access to an abortion and have to tell her guardians or get permission first from her parents, of all things her parents, those dastardly people - they should have no rights. I hope you feel good about all of that, ci?

Strange, the people most vocal about "its for the children," don't mind at all when they are aborted before even having a chance to live, to the point of advocating killing shortly before birth. I would dare them to watch that procedure.

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@okie,

okie, You must take a stupid pill every minute! I don't allow or disallow abortions. I don't decide for anyone whether they should or shouldn't have an abortion; it's none of my business!

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@cicerone imposter,

Okay, would you be in favor of eliminating all criminal laws? Such as First Degree Murder. How about it? That would not affect you because you are not a murderer, right?

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By the way, Obama in desperation is warning of a catastrophe if his "stimulus" bill does not pass, and Pelosi is warning 500 million Americans will lose their jobs, thats right, 500 million, and was that every month? This is scary! These people are so impressive, folks, so impressive, it is staggering.

And who is president, Nancy, Harry, Obama, or is it Moveon.org? Who is president?

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@okie,

Another stupid question by the "king."

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@cicerone imposter,

Well, a president with over 80% approval rating on how he picked cabinet members can't even get his stupid stimulus bill passed, a bill virtually everybody agreed was needed, but it turns out the bill is not a stimulus bill, it is a giant pork bill. This from a guy that promised no pork, these people are not credible, ci. We warned you about this all during the campaign, but this is not going to be pretty. Who is running this administration and legislation anyway? I think its a good question to ask. And for a guy that promised transparency and ethics, he can't hardly find anyone that can pass inspection. And how Geithner got through, who knows, I think if Obama was credible, he would ask him to step down. I mean seriously, how can you run the IRS if you don't even pay your own taxes. This is pathetic, ci.

I would love to see the election redone, I guarantee you it would come out differently.

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@okie,

We can't help it if the republicans have held it up to spend more money...

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@cicerone imposter,

It's a disaster ci. Monumental. He's out of his depth. Inexperience. He thinks the world can be dealt with using high sounding rhetoric.

Some movie stars are getting $10 million a film and they are only acting. Some footballers are on $20 million a year and they just run around a field in "Look at me" protective clothing. $500 grand, after tax has been deducted, won't pay a top bankers cleaning bill.

You've been soft soaped mate.

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@spendius,

spendi, In economics, it's called supply and demand.

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@cicerone imposter,

Quote:

spendi, In economics, it's called supply and demand

Markets are not rational, supply and demand theory does not explain what happends to price.

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@hawkeye10,

Why does markets need to be "rational?" The fundamental driver of capitalism is supply and demand.

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@cicerone imposter,

supply and demand theory assumes rational decision making...if people are not rational then supply and demand can not be the driver of capitalism. The ill advised believe that supply and demand does explain market dynamics and does reflect how people behave is a large part of how we got into our current jackpot.

the fundamental driver of capitalism is greed, which of course understood by all to be partly irrational. The buyer and the seller often lust after different things, but in the market they can get what they want, even as is often the case what they want is not good for them. Greed/lust explain prices far better than your out dated supply and demand theory does.

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@hawkeye10,

No, it does not; I would declare that most consumers are not "rational" when they shop for anything. There was a study done many decades ago that shows that people spend more time choosing a piece of clothing than they do to buy an expensive appliance or a car. "Rational" is in the eye of the beholder - and we all come with different sets of values.

There are also many marketing studies done to get consumers to buy products by placing them at strategic areas of stores.

The most telling about the irrational consumer is that many place their retirement savings in the hands of others who are out to make commissions on trades - a conflict of interest. The only person who's has the best interest at heart for its security is yourself. Many have lost their life savings by trusting others to handle their financial affairs.

BTW, I have always managed our own finances.

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@cicerone imposter,

From the Business Services Industry:

Quote:

In applying these assumptions to actual consumption, several problems became apparent. First of all, consumers do not have perfect information in the marketplace. Second, they do not all have the same information about the existing alternatives or attributes of known alternatives. instead, each consumer has fragmented knowledge of his or her own set of known alternatives; as a result, consumers can not always rank a set of alternatives available to them. In addition, preferences often violate utility theory, because different people prefer different styles, have different tastes, and hence make choices built on preferences rather than objective information such as price.

After becoming aware that goods have "hidden meaning," scholars of consumer behavior in the 1950s took to the notion of the consumer as an irrational, impulsive decision maker. Consumers were seen as passive, open, and vulnerable to external influences. This position was an obvious reaction to the "economic man" and also represented a time when business schools were developing. Earlier, faculty trained in economics were the first to be hired, but in the 1950s psychologists were added to the payroll. Their insights from Freud to Maslow, from personality to motivation theory, seemed ever so relevant to our study of the consumer.

The two major psychological theories underlying this era were the Pavlovian learning model and the Freudian psychoanalytic model. The Pavlovian model is based on four central concepts-those of drive, cue, response, and reinforcement. Drive or motives can be primary, such as hunger and sex, or secondary, such as fear. A drive is very general and impels a particular response only in relation to a particular configuration of cues. The Pavlovian model emphasizes the desirability of repetition in advertising. Repetition fights the tendency for learned responses to weaken in the absence of practice and provides reinforcement.

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@cicerone imposter,

hawkeye, Do you think all those people who bought pet rocks were "rational?"

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@okie,

President Obama's team cannot even vet people like Daschle, Richardson and Geithner. Vetting is not that difficult to do. Then how can they possible handle a huge and complicated Stimulus Package without screwing up? The latest polls show growing public opposition against the Democratic Stimulus Bill.

Indeed,some of Obama's own party(Ben Nelson-D. Neb. and a dozen other CENTRIST DEMOCRATS are working to scale back the package.

When we go into spring and summer of 2010 and candidates are getting ready for the mid term election in November, if President Obama does not have the economy purring and unemployment down materially, the Democrats will lose scores of seats in the House and some in the Senate.

Obama won because of the basic stupidity and short sightedness of the large minority group that voted for him. Those people know nothing about micro or macro economics and the difficulty of turning around an economy EVEN IF YOU HAVE A GOOD PROGRAM. They will note the continued unemployment and the lack of jobs. They will also note the continued opposition of the R epublicans in the House and the Senate.

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Where is the US economy headed?

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