tag:blogger.com,1999:blog-4900303239154048192.post530364127381928450..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Discipline, Hard Work and Obscene WealthUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4900303239154048192.post-82185017196358886182011-11-21T07:18:08.240-05:002011-11-21T07:18:08.240-05:00@Don Levit: NO ONE should have to work 80 hours/we...@Don Levit: NO ONE should have to work 80 hours/week in order to feed, clothe, and shelter his/her family. <b>Ever.</b> That's a good way to die of a heart attack at 35. I'd rather both spouses work than that a "breadwinner" should work himself to death while his wife stays at home. That doesn't support family values--it robs his children of a father and forces a young widow to try to find a job after years of unemployment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-14739757924472533322011-11-15T16:25:24.069-05:002011-11-15T16:25:24.069-05:00Peter,
Your criticism of Cowan's silly essay i...Peter,<br />Your criticism of Cowan's silly essay is far too mild. At no point in the article does Cowan make a case for there being any connection between the wealth that he suggests we should admire and the hard work to which he attributes that wealth. No one would argue with the value of self discipline and hard work, but no one should be foolish enough to assume that wealth is a sign of same.Jackhttps://www.blogger.com/profile/12971442888151627894noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-47693432105676205342011-11-15T12:42:43.197-05:002011-11-15T12:42:43.197-05:00Inequality.org has a graph that purports that 1/3 ...Inequality.org has a graph that purports that 1/3 of the annual deaths in the U.S. are due to inequality. If the Gini were lower a third of the deaths would be postponed, the average life-span would increase. We are the highest per capita income in the developed world yet we are the highest incarceration level also. We have not discovered how to live together, obviously. I'm looking at a graph I made of the Social Security Administration payroll income table. One in three workers make less than $15,000 a year, they earn 5% of all payroll income. You can access the SSA report here: http://blogs.reuters.com/david-cay-johnston/2011/10/19/first-look-at-us-pay-data-its-awful/?cp=all -- Great Jackson quote.Ben Leethttps://www.blogger.com/profile/14058357566482675649noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-86255232782174319012011-11-14T12:19:41.399-05:002011-11-14T12:19:41.399-05:00I don't know why anybody takes that creep seri...I don't know why anybody takes that creep seriously. It should be obvious that his schtick is to play dumb and just ignore anything that complicates his libertarianism.chrismealyhttps://www.blogger.com/profile/05591805477096884764noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-5953789614401476662011-11-14T12:03:03.413-05:002011-11-14T12:03:03.413-05:00Peter:
What a powerful quote by Jesse Jackson.
A 4...Peter:<br />What a powerful quote by Jesse Jackson.<br />A 40 hour work week, ideally, would be enough (80 hours, tops, if married).<br />We need people to utilize their gifts, talents, and abilities to close to their potential, in and away from the workplace.<br />Our society will be more sustainable and meaningful as a result.<br />The problem, at least partially, is that costs have risen far faster than incomes.<br />Two areas would be college education and health care.<br />One of the primary reasons for college education's increase is the low cost availability of loans (similar to what used to be true for housing).<br />One of the primary reasons for health care is overutilization of insurance.<br />Obamacare with no deductibles for preventive care, and no annual limits, will exacerbate the affordability problem.<br />One way around this is for people to voluntarily refuse to utilize covered benefits, in lieu of a higher deductible and lower premium.<br />Don LevitDon Levithttps://www.blogger.com/profile/02497731736648561272noreply@blogger.com