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Posted 2008-06-27, 05:57 PM in reply to zonalon's post starting "Why should Bill Gates be the only one..."
Bill Gates is donating almost all of his money to charity at his passing. Warren Buffet is also leaving his money to the Bill & Melinda Gates Foundation.

If you tax people 68% then there is less profit motivation. We have high corporate taxes, but some of our other income taxes being lower is great for our country. If you look at most of Europe their growth is stunted by quite a lot more than the U.S. . There are quite a few homeless people that deserve it. They're lazy as fuck. And the "free loader" problem will only be amplified by more public works. Unemployment insurance, government sponsored retraining, and other things help with unemployment (frictional and structural). There's also cylical unemployment which is an issue sometimes (like now.) The thing is there's almost always a job if you want one. And some people just don't. Also not all people classified as "homeless" don't have a place to stay.
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Posted 2008-06-27, 11:49 PM in reply to Willkillforfood's post starting "Bill Gates is donating almost all of..."
Willkillforfood said: [Goto]
If you look at most of Europe their growth is stunted by quite a lot more than the U.S. .

Surely you must be referring to girth growth?

I compiled a list of gross domestic product (real) growth rate of 214 countries in the world for you. It is a useful measure of economic development. See if you can find the United States.

(Format: Ranking - Name: GDP (real) growth percentage)


1 - Azerbaijan: 31.0%
2 - Timor-Leste: 24.0%
3 - Macau: 16.6%
4 - Angola: 16.3%
5 - Armenia: 13.7%
6 - Sudan: 12.8%
7 - Equatorial Guinea: 12.7%
8 - Georgia: 12.0%
9 - People's Republic of China: 11.4%
10 - Liechtenstein: 11.0%
11 - Cyprus: 10.6%
12 - Slovakia: 10.40%
13 - Latvia: 10.3%
14 - Anguilla: 10.2%
15 - Ethiopia: 9.8%
16 - India: 9.60%
17 - Kazakhstan: 9.5%
18 - Cambodia: 9.1%
19 - Bhutan: 8.8%
20 - Argentina: 8.70%
21 - Liberia: 8.5%
22 - Vietnam: 8.5%
23 - United Arab Emirates: 8.5%
24 - Mongolia: 8.4%
25 - Venezuela: 8.4%
26 - Russia: 8.1%
27 - Uzbekistan: 8.1%
28 - Lithuania: 8.0%
29 - Panama: 7.8%
30 - Qatar: 7.8%
31 - Afghanistan: 7.5%
32 - Mozambique: 7.5%
33 - Peru: 7.5%
34 - Singapore: 7.4%
35 - Estonia: 7.3%
36 - Philippines: 7.3%
37 - Dominican Republic: 7.2%
38 - Egypt: 7.2%
39 - Tajikistan: 7.2%
40 - Uruguay: 7.20%
41 - Ukraine: 7.10%
42 - Cape Verde: 7.0%
43 - Democratic Republic of the Congo: 7.0%
44 - Gambia: 7.0%
45 - Gibraltar: 7.0%
46 - Laos: 7.0%
47 - Turkmenistan: 7.0%
48 - Belarus: 6.9%
49 - Tanzania: 6.9%
50 - Sierra Leone: 6.8%
51 - Vanuatu: 6.8%
52 - Bahrain: 6.6%
53 - Colombia: 6.5%
54 - Cuba: 6.50%
55 - Poland: 6.5%
56 - Kyrgyzstan: 6.5%
57 - São Tomé and Príncipe: 6.5%
58 - Sri Lanka: 6.50%
59 - Kenya: 6.3%
60 - Madagascar: 6.3%
61 - Pakistan: 6.3%
62 - Tunisia: 6.3%
63 - Niue: 6.2%
64 - Bulgaria: 6.1%
65 - Costa Rica: 6.1%
66 - Indonesia: 6.1%
67 - Nigeria: 6.1%
68 - Bangladesh: 6.0%
69 - Czech Republic: 6.00%
70 - Honduras: 6.0%
71 - Moldova: 6.0%
72 - Montenegro: 6.0%
73 - Rwanda: 6.0%
74 - Saint Kitts and Nevis: 6.0%
75 - Uganda: 6.0%
76 - Romania: 5.9%
77 - Serbia: 5.9%
78 - Ghana: 5.8%
79 - Hong Kong: 5.8%
80 - Seychelles: 5.8%
81 - Trinidad and Tobago: 5.8%
82 - Jordan: 5.7%
83 - Malaysia: 5.7%
84 - Malawi: 5.7%
85 - Croatia: 5.6%
86 - Guatemala: 5.6%
87 - Kuwait: 5.6%
88 - Slovenia: 5.60
89 - Bosnia and Herzegovina: 5.5%
90 - Burundi: 5.5%
91 - Maldives: 5.5%
92 - Mauritius: 5.5%
93 - Palau: 5.5%
94 - Samoa: 5.5%
95 - Brazil: 5.40%
96 - Iran: 5.40%
97 - Libya: 5.4%
98 - Oman: 5.3%
99 - Ireland: 5.3%
100 - Zambia: 5.3%
101 - Chile: 5.2%
102 - Isle of Man: 5.2%
103 - French Polynesia: 5.1%
104 - Israel: 5.1%
105 - Saint Lucia: 5.1%
106 - Suriname: 5.1%
107 - Turkey: 5.1%
108 - Albania: 5.0%
109 - Iraq: 5.0%
110 - Luxembourg: 5.0%
111 - South Africa: 5.0%
112 - Turks and Caicos Islands: 4.9%
113 - Lesotho: 4.8%
114 - South Korea: 4.8%
115 - Botswana: 4.7%
116 - Algeria: 4.6%
117 - Bermuda: 4.6%
118 - Macedonia: 5.10%
119 - San Marino: 4.6%
120 - Senegal: 4.6%
121 - Taiwan: 4.6%
122 - Benin: 4.5%
123 - Gabon: 4.5%
124 - Guyana: 4.5%
125 - Namibia: 4.5%
126 - Niger: 4.5%
127 - Saint Vincent and the Grenadines: 4.4%
128 - Solomon Islands: 4.4%
129 - Mali: 4.3%
130 - Thailand: 4.3%
131 - Burkina Faso: 4.2%
132 - Australia: 4.0%
133 - Barbados: 4.0%
134 - Bolivia: 4.0%
135 - Central African Republic: 4.0%
136 - Paraguay: 4.0%
137 - Papua New Guinea: 4.0%
138 - Finland: 3.9%
139 - Antigua and Barbuda: 3.8%
140 - Spain: 3.8%
141 - Greece: 3.7%
142 - Guinea-Bissau: 3.7%
143 - Andorra: 3.5%
144 - Burma: 3.5%
145 - Haiti: 3.5%
146 - Marshall Islands: 3.5%
147 - Netherlands: 3.50%
148 - Saudi Arabia: 3.50%
149 - Syria: 3.5%
150 - El Salvador: 3.4%
151 - Malta: 3.4%
152 - Sweden: 3.4%
153 - Austria: 3.3%
154 - Cameroon: 3.2%
155 - Djibouti: 3.2%
156 - Dominica: 3.2%
157 - Yemen: 3.2%
158 - Norway: 3.10%
159 - American Samoa: 3.0%
160 - Belize: 3.0%
161 - European Union: 3.0%
162 - Guernsey: 3.0%
163 - Mexico: 3.0%
164 - New Zealand: 3.0%
165 - Nicaragua: 2.9%
166 - United Kingdom: 2.9%
167 - Bahamas: 2.8%
168 - Republic of the Congo: 2.8%
169 - Belgium: 2.7%
170 - Canada: 2.7%
171 - Germany: 2.6%
172 - Somalia: 2.6%
173 - Switzerland: 2.6%
174 - Nepal: 2.5%
175 - Togo: 2.5%
176 - Aruba: 2.4%
177 - Faroe Islands: 2.4%.
178 - Tonga: 2.4%
179 - United States: 2.2%
180 - Morocco: 2.1%
181 - Eritrea: 2.0%
182 - Greenland: 2.0%
183 - United States Virgin Islands: 2.0%
184 - Italy: 1.9%
185 - Japan: 1.9%
186 - Ecuador: 1.8%
187 - France: 1.8%
188 - Iceland: 1.8%
189 - Denmark: 1.7%
190 - Hungary: 1.70%
191 - Portugal: 1.7%
192 - North Korea: 1.6%
193 - Swaziland: 1.6%
194 - Guinea: 1.5%
195 - Jamaica: 1.5%
196 - Mauritania: 1.5%
197 - Côte d'Ivoire: 1.4%
198 - Tuvalu: 1.2%
199 - British Virgin Islands: 1.0%
200 - Netherlands Antilles: 1.0%
201 - Cayman Islands: 0.9%
202 - Grenada: 0.9%
203 - Monaco: 0.9%
204 - Brunei: 0.4%
205 - Federated States of Micronesia: 0.3%
206 - Kiribati: 0.3%
207 - Lebanon: 0.3%
208 - Cook Islands: 0.1%
209 - Comoros: -1.0%
210 - Montserrat: -1.0%
211 - Puerto Rico: -1.2%
212 - Chad: -1.3%
213 - Fiji: -3.1%
214 - Zimbabwe: -6.0%

[1]

If you look at GDP (real) per capita growth rate, the United States ranks better: 106th place out of the 171 countries listed.



What was that you said about stunted growth in "most of Europe"? Let's look at some graphs of currency exchange rates over the past three to five years.[2] European countries versus the United States, of course:

SEK (Swedish Krona) per USD:



GBP per USD:



EUR (Euro) per USD:



CHF (Swiss Franc) per USD:



DKK (Danish Krona) per USD:



Notice a trend? If not, let me spell it out for you:

You fail.
"Stephen Wolfram is the creator of Mathematica and is widely regarded as the most important innovator in scientific and technical computing today." - Stephen Wolfram

Last edited by Chruser; 2008-06-28 at 01:09 AM. Reason: Relevant citations added
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Posted 2008-06-28, 12:34 AM in reply to Chruser's post starting "Surely you must be referring to girth..."
I admit, I made a mistake. It wasn't real GDP growth rates. I misremembered my statistics and it was unemployment rates. Despite the U.S. getting hit pretty pretty hard economically in the past couple years, we're doing alright with Real GDP growth rates. Your little outliers which are doing so doing exceedingly well are mostly lightly populated countries with populations around the size of some of the larger cities in the U.S. Look at your unemployment rates, now think about how the U.S. is on the verge of a recession (if not in one, it's arguable), and then compare it to say, Sweden. Sweden has a 6.1% unemployment rate (in 2007), and the U.S. at that time had a 4.6% unemployment rate (it's now closer to say 5.4% in the horrible situation we're in due to credit market issues and war.)

Second of all, I just want to say -- fuck you, Chruser. I respected you, but if you want to talk down to me then you can suck a big one. You can disagree and call me out, but if you want to be a douche about it you're not even above dirt to me.

U.S.:

GDP - per capita (PPP):
Definition Field Listing Rank Order
$45,800 (2007 est.)
GDP - real growth rate:
Definition Field Listing Rank Order
2.2% (2007 est.)

Sweden:

GDP - per capita (PPP):
Definition Field Listing Rank Order
$36,500 (2007 est.)
GDP - real growth rate:
Definition Field Listing Rank Order
2.6% (2007 est.)

Now, the U.S. has over 30 times the population of your country and it's not that far behind on growth. It's also a good chunk ahead on real GDP per capita, despite absorbing hundreds of thousands of penniless, uneducated immigrants annually. Add in the destructive administration of the past 8 years, and our system is performing pretty damn well. It's apples to oranges and we're doing pretty fucking good with all things considered . Your buddies are doing well with growth because they aren't tied up in quagmires and bleeding out debt (which is a reason our currency is devaluing.) They're also more fuel efficient and not as reliant on oil, which is a major determining factor in our economic growth. Neither of those things are due to capitalism itself .

-------------------

Oh yea, I got my info. from CIA.gov

Last edited by Willkillforfood; 2008-06-28 at 01:35 AM.
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Posted 2008-06-28, 01:17 AM in reply to Willkillforfood's post starting "I admit, I made a mistake. It wasn't..."
Willkillforfood said: [Goto]
There's a few things going on here besides your wikipedia post which you didn't cite. Let me go grab my textbook written by Huber and look up where I got my facts from. Brb.
Ah yes, sorry for forgetting to cite Wikipedia in my extraordinarily important forum-based university paper.
"Stephen Wolfram is the creator of Mathematica and is widely regarded as the most important innovator in scientific and technical computing today." - Stephen Wolfram
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Posted 2008-06-28, 01:33 AM in reply to Chruser's post starting "Ah yes, sorry for forgetting to cite..."
Chruser said: [Goto]
Ah yes, sorry for forgetting to cite Wikipedia in my extraordinarily important forum-based university paper.
Lol. Although, this entire thread is pretty interesting and well thought out, you lost me at the anti-Semitism considering I'm from a Hebrew background.
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Posted 2008-06-28, 02:01 AM in reply to Chruser's post starting "Ah yes, sorry for forgetting to cite..."
When you're telling me I fail, why not go all out?
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Posted 2008-06-28, 08:59 AM in reply to Willkillforfood's post starting "When you're telling me I fail, why not..."
Willkillforfood said: [Goto]
When you're telling me I fail, why not go all out?

Has it crossed your mind that "you fail" may have been in reference to the United States rather than to you as a person, governing the fact that the latter alternative would be:

a) Absurd.
b) Argumentum ad hominem?


Willkillforfood said: [Goto]
Now, the U.S. has over 30 times the population of your country and it's not that far behind on growth. It's also a good chunk ahead on real GDP per capita, despite absorbing hundreds of thousands of penniless, uneducated immigrants annually. Add in the destructive administration of the past 8 years, and our system is performing pretty damn well. It's apples to oranges and we're doing pretty fucking good with all things considered . Your buddies are doing well with growth because they aren't tied up in quagmires and bleeding out debt (which is a reason our currency is devaluing.) They're also more fuel efficient and not as reliant on oil, which is a major determining factor in our economic growth. Neither of those things are due to capitalism itself .

Regarding your arguments to why the U.S. is supposedly a better or "economically stonger" place than arbitrary country X which threatens the U.S. with its state of hypothetical betterness, "that's a lot of 'ifs'" comes to mind.
"Stephen Wolfram is the creator of Mathematica and is widely regarded as the most important innovator in scientific and technical computing today." - Stephen Wolfram

Last edited by Chruser; 2008-06-28 at 09:03 AM.
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Posted 2008-06-28, 06:30 PM in reply to Chruser's post starting "Has it crossed your mind that "you..."
There's a difference between capitalism and administration choices. It's not "ifs", it's the facts. The current administration has been a disaster for us. If it wasn't for their tax cuts we'd be even worse off though.

--------------------------------------------------

There are some socialistic countries that are doing it really well. It's possible. However, I just don't really think it's the right thing for America. Sorry for being so insulting. I misinterpreted your post.

Last edited by Willkillforfood; 2008-06-28 at 06:40 PM.
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Posted 2008-06-28, 06:31 PM in reply to Chruser's post starting "Has it crossed your mind that "you..."
I've always thought of becoming President and running things so that nothing would go wrong. seems to me like most of the problems they cause just to concidered a "hero" president or something.
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