Saturday morning reading
Here are some of my thoughts (while reading the article):
- The disparity of wealth in the US always seemed enormous to me. Somehow the system seemed to sustain itself well in the past decades. Recently I have seriously started to question if the 'poor' in the US will put up with it much longer.
- Illegal immigrants are really convenient when you want someone to landscape your garden, tile your roof or make you brunch in one of your favorite restaurants. Seeing tens of -- probably illegal immigrant -- day laborers waiting in vain along the streets of Berkeley last december, was a little disturbing. Fully aware -- as they were -- that they were not going to be picked up that day anymore. Now that things are seriously slowing down and even the California 'rich' (a lot of them with jobs that anywhere else in the world would only grant them a 'middle class' life have little interest in hiring day laborers (tax free) for a day, it makes you wonder what all these 'laborers' are now going to for a living.
- Social unrest (and a upsurge in crime) cannot not be ruled out in the US. The same definitely applies to developing countries. China as the new world power will only happen if they can actually keep things together politically and socially.
- Good to read that our health care system is not even that inefficient. Yet I still believe it is extremely inefficient.
- I have always held the opinion that the US has become so wealthy (and pleasant country) partly because they were more inviting to immigrants. Immigrant were also happier to go there because they had a dream (the American Dream). Hard-working immigrants has always been a large part of the backbone of the US economy. These immigrants were the cheap laborers of the US economy. It is now interesting to see that one of the solutions for America's problems might be to let in highly educated immigrants. I have always supported similar ideas in Holland -> do not have strict immigration laws against highly skilled/educated petitioners. On a socialist level that might however touch some sensitive nerves because it stresses the fact that not every man is equal. How about this proposition: give anyone a US green card who has a Master's degree or higher and invests $500,000 or more in the US (buys a house for example).
- The part about the military industrial complex it a little scary. I do not see the US downsizing it army personnel in the near future however. That would only add to the fast growing jobless mob.
- This is an interesting quote: "The founding fathers envisioned representatives who did their civic duty for a short time and then went back to their real profession." A country that has a law that prevents anyone from become a full time politician might fare better. I agree that it would be wise to set a 6 to 8 year term limit for US Congressmen.
- What is it with developed countries making their tax systems so extremely complicated. Why do I pay taxes for one thing and get refunds or deductibles for others things.
- What a mess we find ourselves in. And yes, this crisis will effect every person on this planet -- if not directly, then indirectly.