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#1
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GE pays no income tax
On Mar 29, 9:12*pm, "Robert Green" wrote:
"Kurt Ullman" wrote in message m... In article , *"Robert Green" wrote: And I thought libs were all for lifting folks out of poverty. * That is exactly what is happening in developing countries. Those folks may only be getting paid $1 an hour, but that is 2X what they were getting before, they are happy with it, and it's increasing their standard of living. The riots taking place in the Middle East are not so much political, but economic. *The price of food in the third world has skyrocketed. *A bowl of rice that cost 5 cents two years ago can cost upwards of 25 cents. *If you double a person's wages but his cost of living quintuples, are they really coming out ahead? *At least before they could have tried to grow their own food, but working at a factory means that's hard to do. * * A lot of this, though, is related to governments stopping or lessening the subsidization of foodstuffs more than actual increase in costs (although one obviously goes with the other). It's hard to tell where one begins and another ends. *The Japanese crisis isn't going to bring food prices down, that's for sure. Yawn.... Good grief, now he's trying to link world food prices to the reactor accident in Japan. *Just another example of government getting into the mix and screwing things up. *The problem with subsidies, tax breaks and incentives is that they never seem to expire even when their need can no longer be justified. As for rising food prices, they almost always generate social unrest. *One could make the claim that Nazism was founded more on the 1 million mark prices for loaves of bread than any tangible political cause. -- Bobby G.- Hide quoted text - - Show quoted text - Then maybe we should reverse the real culprit behind higher food prices. It has nothing to do with the Japanese reactor and everything to do with govt increasing the diversion of food crops into ethanol. |
#2
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GE pays no income tax
On Mar 30, 10:27*am, "
wrote: Then maybe we should reverse the real culprit behind higher food prices. It has nothing to do with the Japanese reactor and everything to do with govt increasing the diversion of food crops into ethanol. The error in food pricing far predates ethanol's recent surge. The error, at least in the US, was in artificially lowering the price of food and substituting food-like substances for food. It's created health issues which are driving the healthcare crisis. The Japanese reactor fallout will just exacerbate things. I'm guessing all things to a greater or lesser degree. R |
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