patrick.net

The way to fix the economy is to stop rewarding sloth and failure and reward work, saving, investing, and success.
There is too much personal debt, too much government debt, and too much government spending.
The productive sector is paying to support the entitlement sector, plus the government gold brick workers. It cannot continue forever.

http://patrick.net/?p=1203503

Zombie talking points must die!

clambo says

The way to fix the economy is to stop rewarding sloth and failure

Please describe how failure is rewarded (outside of corporate CEOs)

and reward work, saving, investing, and success.

"work" is complicated.

"saving" is admirable, but horrible for the economy.

"investing" is already well rewarded, by taxing it at absurdly low rates.

"success" IS the reward. "Congratulations, since you're successful we're going to give you more stuff".

The only way that the economy is going to be fixed is if we can increase economic activity.

The ONLY way to fix the economy is to reduce wealth disparity.

HousingWatcher says

it’s in their vested interest to make things worse,”

a bunch of Charles Mansons's's's ? Even he tried to make things better

tatupu70 says

The ONLY way to fix the economy is to reduce wealth disparity.

OR go back in time.
"Robin Hood" tried to reduce wealth disparity.
Nevermind, let's Go Forward
"Mad Max" will try to protect wealth disparity.
"Alan Greenspan" tried..... wait wait
Gubmint has a different mind set (education) for fixing the economy or creating jobs. Gubmint STRANGLES small business growth with regulations,s,s,s,s,s ! Those clerks are incapable of understanding that as they have no business background. Most Small business owners can not afford to hire a compliance staff. (stifling competition)

TMAC54 says

Gubmint has a different mind set (education) for fixing the economy or creating jobs. Gubmint STRANGLES small business growth with regulations,s,s,s,s,s ! Those clerks are incapable of understanding that as they have no business background. Most Small business owners can not afford to hire a compliance staff. (stifling competition)

OK--let's examine this common complaint. Could you be specific? Exactly which regulations are those?

TOO MANY TOO LIST HERE. There is not enough memory on patricks web to list ALL the regulations.
Bottom line; The word GOVERN opposes the word FREE.

I had heard, 1,200 new laws are created each year. If they are not creating new laws their positions become obsolete.

But start here !
http://www.thefreemanonline.org/headline/fifteen-things-to-hate/

I wager Tulips will grow on your grave before ANYONE could read ALL the regulations.

TMAC54 says

TOO MANY TOO LIST HERE. There is not enough memory on patricks web to list ALL the regulations.

OK--let's not list them all. How about you list the 2 worst offenders. The 2 that really harm small businesses.

Interesting points on John Stossel
http://www.foxbusiness.com/on-air/stossel/index.html#/v/1317629471001/overcoming-a-mountain-of-regulation/?playlist_id=87530
I have attempted to operate a couple small transport business'. I am not smart enough nor do I end up with enough time or energy to finish the accounting or taxes, let alone EPA rules, Fire Marshall, Dept. of Transportation, Highway Patrol permits, Cal Osha, Insurance regulations etc. etc. Now there is Homeland security regulations. We need balance between total control and consumer protection.

TMAC54 says

I am not smart enough nor do I end up with enough time or energy to finish the accounting or taxes

If you don't have the smarts or the time to do the accounting or taxes, then you shouldn't be running a business.

The only businesses that are harmed by "over regulation" are the ones that only work by harming people:

- Businesses that require exploiting the environment (i.e. dumping waste products into public places) to be profitable.

- Businesses that require exploiting labor (children, unsafe environments, illegal immigrants) to be profitable.

- Businesses that require exploiting customers (defective products, false advertising, scams, health / safety concerns) to be profitable.

I've been deeply involved in the creation of three very different types of businesses in my life:

- One business was a small pizzeria. Our primary regulatory issues were labor (safety, pay) and health / sanitation concerns (no rats in the store, proper temperature for the perishables, etc.). None of these things were significant factors in the business, and our biggest challenge by far was the fierce competition from big chains.

- The next businesses was a company that sold point of sale systems. Our primary regulatory issue was accurate record keeping. This had little to no impact on the business, and our main challenge was (again) competition.

- The last business was a company that ran a series of niche internet community sites and services. Our primary regulatory issue was customer privacy, but regulation in that area is kind of a joke so it didn't really affect us at all. Our biggest challenge by far was customer acquisition.

The most heavily regulated industries in the united states are:

- Energy (by far the most profitable companies in the world!)

- Health care (oh man, those guys are really hurting!)

- Finance (bwahahahahahahahaha)

I really wish that the last company I started was as "regulated" as the energy sector. Maybe then we would have been getting the billion dollar handouts instead of worrying about how to make payroll.