Do you believe the welfare system rewards the wrong people to reproduce in large numbers?

[Magritte25]

Originally Posted by malamute

Again, why are illegals able to find all kinds of work?

Because employers know they will work for less money than their American counterparts. Often less money than what is lawful in the United States.

[residinghere2007]

Originally Posted by InformedConsent

Here's your personal invitation to read "Vision of the Anointed" and dispute every single citation Sowell provides.

Get to it. Can't wait to see your rebuttal to Sowell's citations.

Why don't you just tell me some of his "verifiable facts" and we can then verify them?

I am not going to support him by buying his book (and I don't use the library, I'm a horrible borrower and never take the books back so I feel bad ).

Like I said, I have read many of his recent columns and they don't have any facts in them. Even the one about the 1920s unemployment rate is not a "verifiable fact" since unemployment was not tracked at that time so no one knows what the true unemployment rate was in the 1920s.

[dv1033]

Originally Posted by InformedConsent

To find low-cost and less regulated land on which one can provide for oneself and one's dependents.

And ending regulations will just magically make rural areas desirable after a century of rapid urbanization.......

.....right.

Why do they even need to invest at all? Why not just pay benefits and pensions out of the contributions paid by public employees and taxpayers?

....because that's how retirement plans work.

Sorry, didn't write the rules.

Who's going to pay the higher taxes to increase public employees' wages? And do you realize those same public employees are taxpayers as well (at least at the local and state level). Are they supposed to pay more in taxes to pay for their own raises? And how does taxing people more NOT result in them having less money to spend and pump into the economy.

I'm not simply talking just about public employees wages, calPERS is the largest fish in the American pond of institutional investors but it is a pond full of fish.

Putting more money into the hands workers (public or private) will increase demand and thus the economy. I'd rather pay more taxes and have a greater net profit than not.......

How can you possibly think "you won" when you don't even know enough to consider the above questions before making unworkable suggestions?

Because you are just focusing on one very large institutional investor who doesn't make up close to a majority of the global institutional investers . I started off with the big picture but then you unsuccessfully tried to shoehorn your calPERs remark.

It is no coincidence that America was doing the best economically post WW2 when we had a huge manufacturing base that paid good wages and benefits (yes I do realize it is bit more complicated). Over the past decades the focus has been on short term shareholder profit that has increased wealth inequality. It's all about balance; we aren't going to go back to the wages and benefits of the post WW2 era but clearly in 2013 with the record private sector profits ISN'T TRICKLING DOWN. For some reason..... it's staying with the top earners.