🚀 go-pugleaf

In article <1992Aug26.130122.3753@desire.wright.edu> demon@desire.wright.edu (Stupendous Man) writes:
>
>	Read "The Seven Fat Years".  It is largely a case of guilt-complexes
>and faulty conclusions.

Easy to say, difficult to verify.  Written any books lately?

>	Remember the people decrying "greedy yuppies" buying VCRs?  How people
>were starving in Africa while we drove our BMWs?  Well people were starving
>before the 80s, and they are still starving today.  As sane people tried to say
>in the 80s, it has nothing to do with US consumption.

Arguing with you seems to be fruitless, but ...

Statistics abound (I'm sure you've seen some, and I don't have them on
line) taht say, in as few words as possible, 'the rich got richer and the
poor got poorer?' (in the United States) (dragging Africa in to this is a
rather red herring).  By 'statistics' I'm not referring to hypothesis
testing, I'm referring to data gathered from real events.

As far as greedy yuppies and their accoutrements, I've recently seen them
losing their hot jobs and therefore forfeiting their buy-now-pay-later
goods; (kind of like the US in the 1980s then 1990s) primarily because the
false economic growth caused the formation of a large number of companies
which are not competitive.   Sure was a boon for the suited dudes on the
street - events like 'corporate raiding' became so common that the words
are now part of everyday vocabulary.  This happened in the 1980s, in the
United States.

>	As detailed in part 3 of the "Derailing" series, Mexico has proven that
>the way to rebuild your society is by providing economic opportunity for all. 

>..supply side economics is the best way to [ follow Mexico (!) to prosperity (!)]

This is a subjective conclusion, and is not supported by this evidence.

Mexico is a third world country.  They are not starting with a populace
that is as [ economically ] sophisticated as that of the US.  Saying the
same approach will work for an economy as mature as that of the United
States is naive.  Try running an apple through an orange juicer.  goop.