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Economic Truths of 2012

America's "self-evident" economic truths reveal the right and only answer is :Invest in America now.

In our day these economic truths have become accepted as self-evident:

The right to a useful and remunerative job in the industries or shops or farms, mines, or industry of the nation;

The right to earn enough to provide adequate food and clothing and recreation;

The right of every farmer to raise and sell his products at a return, which will give him and his family a decent living;

The right of every businessman, large or small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies at home or abroad;

The right of every family to a decent home;

The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment;

The right to a good education.

All of these rights spell security. Unless there is security here at home there cannot be lasting peace in the world.

If we accept these "truths" as self-evident and "obvious," we need to invest NOW in America. 

Oh! by the bye! these are not part of the Tea Party or Republican plan for America. Sadly, but truthfully, they remain "the party of no!" In fact, this posting is taken from a speech given by FDR January 11, 1944. It seems as though he got it right and so does Obama. Invest in America NOW!

Lyle Ruble August 10, 2012 at 10:02 pm
@JRH...Why not, he has the right to teach whatever he wants. It is the students responsibility to choose the truth and reject falsehood. Give the students more credit, they are your future too.
Lyle Ruble August 10, 2012 at 10:04 pm
@tom munson....You have the right to keep your money as long as you pay your fair share.
Bren August 10, 2012 at 10:06 pm
I think FDR hit it right on the head. He is referring to a free market to give every business owner a fighting chance, in an employee-friendly environment. Aid for those who cannot work. Every American has a stake and a responsibility toward maintaining these standards. These goals/ideals are why we have endured and why the USSR and Nazi Germany failed. Communist China's star is rising because some of us no longer espouse these ideals.
Lyle Ruble August 10, 2012 at 10:06 pm
@Steve...Wow, what a red herring. Just because you pay someones wages, that's where your power ends. Work for wages, then the employee has free will and choice.
jbw August 10, 2012 at 10:09 pm
Uh, I think "serve this Nation" in this context was meant as a call to civic service. You know, work to better yourself, get a job and pay your taxes, maybe help out around the neighborhood. It's never evil to do your best to help make the place you live a better place.
I think you have confused serving society with serving a particular governmental authority. Certainly you can disagree with a political regime and still do what you feel will best serve the nation?
Lyle Ruble August 10, 2012 at 10:14 pm
"If you have money for drink and merriment, then you have money to pay more taxes."
- Prince John
Jay Sykes August 11, 2012 at 12:52 am
I've read what Nick posted, and it leads me to ask: Is anyone familiar with Wickard v. Filburn? The series of events that preceded it? All of the subsequent CC decisions?
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Nick Poulos August 11, 2012 at 12:59 am
@Jay; here's a link to this infamous case: http://en.wikipedia.org/wiki/Wickard_v._Filburn ; today we have Monsanto, DuPont, and Bayer Crop Protection- seed licensing and Monsanto's "seed police". funny world we live in, isn't it?
CowDung August 11, 2012 at 05:42 pm
I think that you missed his point, Lyle. What one considers a 'living wage' may be considered to be totally inadequate as a 'living wage' to another. The line between 'luxuries' and 'necessities' (or 'needs' and 'wants') has been blurred in recent years. How are we defining what paying a 'living wage' actually means?
James R Hoffa August 11, 2012 at 06:15 pm
@Lyle -
So no one should be able to afford luxuries? If we have money for luxuries, that money should be going to the government instead? OK comrade Ruble!
Steve ® August 12, 2012 at 01:52 am
Lyle you completely missed the point, again but I am not surprised. Notice most of those monthly payments above we did not have 15 years ago. But all I hear you socialist liberals cry about is the middle class is shrinking.
But we need more middle class spending because that is the only way to increase this Obama economy. Well every middle class Joe has all of the above, which takes spending money, so why cry when they don't have "enough" money or a living wage?
Steve ® August 12, 2012 at 01:55 am
Was he really a prince? So you are quoting a monarch?
Unless you pay yourself your income is already taxed before you receive it.
Steve ® August 12, 2012 at 02:01 am
So why does Obama give billions to certain energy companies and not others? Why does he require that work must be completed by a minority contractor and that all employees on the project must be a resident of the local community? Why does he give money to invest in GM and not Ford? Why do certain political donors receive frequent visits from the IRS, OSHA, and the EPA?
Why are you not writing about how evil Obama is picking winners and looser with your money. This seems like something you really are into. You should find an organization backing Obama and type over and over about how they are evil and destroying America. How they have taken over the presidency and our country. Where is all of this?
Lyle Ruble August 12, 2012 at 02:16 am
@Steve.....Yes it is Prince John who became king of England upon Richard the Lionheart's death.
Lyle Ruble August 12, 2012 at 02:34 am
@JRH...I don't care what people spend THEIR money on. Most people have very little left after living expenses. Supporting a family is expensive between food, clothing, shelter, transportation, healthcare and education expenses. After all that outlay, for most, luxuries are few and far between. I remember that at one time $50K a year, before taxes, could support a comfortable middle class life for a family, but that was maybe two or three decades ago.
Lyle Ruble August 12, 2012 at 02:38 am
@jbw...Please define comfortable. After living expense you have to have something left to invest.
James R Hoffa August 12, 2012 at 03:31 am
@Lyle -
But you say that if you have money to afford luxuries, then you should be paying more in taxes, right? So if you carried this concept out to it's natural conclusion, any money that one has above and beyond meeting their necessities should all be going to the government, right? Or is the quote not representative of your personal position on the issue?
James R Hoffa August 12, 2012 at 03:33 am
@Lyle -
Do I really have to explain why that would be wrong on so many levels?
Greg August 12, 2012 at 03:46 am
Lyle (you fish), that was the last line of the same speech that Poulos quoted.
James R Hoffa August 12, 2012 at 05:10 am
@Nick -
This is the USA - United States of America. Not the USSSA - Union of Soviet Socialist States of America.
Steve ® August 12, 2012 at 06:52 am
hahahahahahha . You really quoted a monarch about taxes?!?!! You educate for a living right now correct?
Steve ® August 12, 2012 at 06:55 am
►between food, clothing, shelter, transportation, healthcare and education expenses.◄
You contentedly left out my examples from above.
Lyle Ruble August 12, 2012 at 02:24 pm
@Steve & JRH...My quote about Prince John was really tongue and cheek in response to the Margaret Thatcher quote. If one remembers the conditions that John encountered was a kingdom that had been broken financially to ransom Richard. He continually taxed the aristocracy to the point where they were in open rebellion and it finally led to the signing of the Magna Carta restricting the rights of a monarch. Just as pupdog1's quote is irrelevant to the argument, my quote is irrelevant to the argument. What is relevant is the perspective of what constitutes needs and wants. I maintain that as an employer, you have absolutely no right to judge what an employee does with their wages. If personal habits interfere with an employee's ability to perform their assigned tasks, then the employer can judge based on job performance. Proponents of free choice should understand that not only should the government be limited so should employers be limited on restricting free choice.
James R Hoffa August 12, 2012 at 04:36 pm
@Lyle -
So who exactly is arguing that an employer should have the "right to judge what an employee does with their wages?" I believe that the point is that the government should not be providing social safety net assistance to those who purchase luxuries such as cell phones, cable/satellite tv, bling, fancy shoes, etc. If they have money to spend on that crap, then why do they need government assistance?
Bob McBride August 12, 2012 at 05:24 pm
The only thing missing is a good old fashioned world war where we ration stuff and encourage frugality and savings, ramp up the military industrial complex to provide full employment and bring all our economic competitors to their knees. Then you've got a plan there, Nick.
Lyle Ruble August 12, 2012 at 05:39 pm
@JRH...Referencing Steve, 2:14 PM, Friday, August 10, 2010 - "Define living wage please.
If I pay you $50,000/yr but you want $120/mo cell phone bill, $100 TV bill, $80 internet bill, $10 netflix, $400 car pmt, $50/week bar bill, $15 XM radio, $400/mo toy fund... should I feel bad and pay you more so you can have a "living" wage?" Steve is not talking about those on public assistance, but actual working people, who pay taxes and go to work everyday. He's placing himself as judge and jury; and, in my opinion is stepping beyond the bounds of an employer. It reminds me of Dicken's "A Christmas Carol". Another thing is that a living wage has to increase to keep up with inflationary rise. I'm sure Steve and others raise the price of their goods and services from time to time to account for increased business costs. Why should the rising cost of labor be excluded from the business costs? You be the judge.
James R Hoffa August 12, 2012 at 06:45 pm
http://www.youtube.com/watch?v=rTZEmqDawg0
This guy demands food stamps. And yet, he apparently has money for headphones, some type of music device, a video camera, a computer, internet access, etc. How could he have money for all that crap and not have money for food? I'm really confused. Could some of the social Democrats assist in explaining to Hoffa why this guy has a point and what that point is exactly?
Greg August 13, 2012 at 07:02 pm
I would like to quote a famous President also:
“I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.” ― Benjamin Franklin
Lyle Ruble August 13, 2012 at 07:06 pm
@Greg....Sorry Greg, but Benjamin Franklin never was president.
Andrew Ruble August 15, 2012 at 08:16 pm
@ Lyle, but Max Weber used Franklin heavily as a justification for economic success.
"Remember that time is money... that credit is money... that money is of the generating prolific nature... The good paymaster is lord of another man's purse" Max Weber quoting Franklin in The Protestant Ethic. Franklin's view is one of lifting yourself up by your own britches. He wasn't a president, but we cannot refute his success. I am not saying that he was right but I think it is a good addition to Greg's quote. Franklin in many ways represents our view of economics today. My personal problem is that we only teach one way of learning economic success. there are multiple ways of being economically successful. For example, larger governments require higher taxes, whereas smaller governments means tax cuts. This is an example taught in economics now, but many people do not even understand socialism. We have successful socialist programs even now. Take for example our firefighters. At one point in time firefighters would only put out fires for people if they had bought their services. If you did not have a plaque on your building, then they would arrive to watch it burn. Making firefighters a socialist program is to our benefit but we do not teach that to be the case in economics classes.

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Steve ® June 10, 2013 at 03:55 pm
So? What was used and what harm does it cause? Although ironic this may provide more good thanRead More harm. What is written on the application sign?
Cricket June 11, 2013 at 01:31 pm
The bluff and other areas need to be planted with things that will snuff out the weeds. They areRead More harmful to animals and possibly birds, of which there are many at atwater. Obviously not many animals but there are squirrels and rabbits and other native mammals. Not to mention the kids at the play area. Most adult humans can handle an occasional wiff of a pesticide but not children or animals. I have held several pesticide licenses in my day so I have had much course work on this. I am surprised the village has done this but I know restoration is about to begin - again - on the bluff and perhaps they are trying to rid the bluff of all the weeds. It is a shame that the 15+ kids they hire every year can't be up there weeding instead. I don't know what else they could be doing as the village has reduced the amount of annual flower beds that need to be maintained.
PaulRevere June 10, 2013 at 12:40 pm
The liberal minded Patch had it going their way for some time. Then, the contrary opinions became aRead More "voice to be heard". So, like all liberal media, just shut down the "free speech". Speech that educates the people is a NO-NO in the world of "public education". Have no fear, other avenues to educate the public is on the way.
CowDung June 10, 2013 at 12:53 pm
Given the amount of liberal propaganda that is posted around here, one does have to wonder if PatchRead More intended to make it more difficult to reply to comments (and set the record straight)...
Mike Stevens June 14, 2013 at 07:20 am
Wow, PaulRevere, AKA the hardest working person in America, who only takes 1 day per month off andRead More who believes all evil is related to public schooling, has time to not only comment on St. Louis area Patch sites, but on Milwaukee area sites as well? Paul, perhaps you should go back to school to check your grammar--other avenues to educate the public ARE on the way, not IS on the way. Oh, you must be too busy working 20 hours a day (but finding tons of time to comment on several Patch sites) to check grammar
Walker celebrates after defeating the liberal unionista blue fisters
Steve ® June 6, 2013 at 12:10 pm
Sure Keith. I am sure every time you use the term Tea Bagger it is not vulgar. The symbol for yourRead More failed recall movement was a Blue Fist. No one wants to be ruled by a fist and I don't see how that is vulgar when your own logo was a blue fist. Try again.
Keith Schmitz June 6, 2013 at 01:03 pm
Are you assuming we're stupid Steve? Don't. BTW -- you called yourselves Tea Baggers. We're onlyRead More using the term you selected. What a great PR roll-up for this group of Neanderthals. You're problem with that any fister reference is usually the speaker feels it is where his head should be.
Greg June 6, 2013 at 01:10 pm
OHHHHHHHHHHHHH, that is why their fists are blue, OUCH!
Bob McBride June 6, 2013 at 09:04 am
I think if you look at most of the sites still running the older version, you'll see the sameRead More messages of impending doom we got just before the change...
Bob McBride June 6, 2013 at 09:15 am
I got the name wrong, it was "Bellmore", not Belmont. It was part of rollout of what atRead More the time was being referred to as "Patch 2.0" in the press. It was rolled out to five towns in the Long Island, NY area in September of last year. I'm going to attempt to post a link to an article:: http://www.poynter.org/latest-news/mediawire/189296/aols-redesigned-patch-websites-make-a-play-for-neighborhood-groups/
CowDung June 6, 2013 at 09:30 am
"I think if you look at most of the sites still running the older version, you'll see the sameRead More messages of impending doom we got just before the change... " | I think that's true, Bob. I poked around at a number of Patch sites around the country and the 'Welcome to the New Patch' articles were full of the same complaints we are seeing here. | This Patch redesign seems to be the 'New Coke' of websites...
Greg June 4, 2013 at 03:38 pm
Starting at ONLY $70,000.00 Time to cash in your aluminum cans.