Articles written by Respectfully - Supposn

What is Helium

About me - Respectfully - Supposn

I am an island of sanity in an ocean of madness.

God whispers in my ear and my ear only. All others who are not nice to me, I'm not telling any of you what he or she said.

What shall it profit a man if he gains the entire world and yet lacks change for the Coke

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Business > International Business & Trade Globalization: Who benefits from it?: 5 of 61
We should be asking if USA's harmed by globalization? If so, how can it be remedied?Although international trade itself is generally beneficial to participating nations, a trade deficit's always economically detrimental to the nation's economy. USA's trade deficit of goods (even after adjusting for the value of the U.S. dolla... More..
Business > International Business & Trade The benefits of free trade: 2 of 21
The benefit of free trade is due to the concept of "comparative advantage". It is logical to create and export those goods we are most capable of producing.It is conversely logical to import the goods we are least capable of producing.Individuals and commercial entities correctly extend the meaning of "most" or "least capable... More..
Society & Lifestyle > Economic Values Minimum wage: Is it fair?: 3 of 24
Due to the U.S, dollar's ever changing purchasing power, (i.e.; due to inflation) the U.S. Congress has been compelled to intermittently increase the minimum rate. The minimum wage is "fair" but congress has never increased the minimum to a generous amount. Within the duration between increases the minimum's value has always ... More..
Business > Business News & Issues Ideas for reducing unemployment: 3 of 20
Due to the economic concept of comparative advantage global trade itself is beneficial to all participating nations. Trade deficits are detrimental to a nation's economy. An aggregate long term global trade deficit is certainly detrimental.USA's trade deficit is more detrimental to wage earners. Capital portable, labor is muc... More..
Business > International Business & Trade Has globalization hurt America's workers?: 5 of 30
USA's trade deficit's the difference of value between USA's exports of goods and service products, and the products we import.Production of products generally requires production supporting goods and service products. The expenses of supporting products are generally included within the value of the final produced product, bu... More..
Politics, News & Issues > Party Politics & Ideology What it means to be a libertarian: 2 of 12
Liberty does not mean anarchy, (Some government laws and regulations are justified).Whats to the best interests of individual entities within a nation may not be similarly to the nation's best interest. This may hold true regardless of those entities importance or numbers. Knowledge, historic experience and logic have led us ... More..
Politics, News & Issues > Political & Economic Theory Should we replace some of FICA and SE taxes with a 7% sales tax?: 1 of 4
Yes! To whatever extent possible we should replace income tax revenue with a consumption tax.An acceptable rate of sales taxes could not replace the revenue derived from all USA individual's income taxes. A general consumption tax to replace all, (individual's, Federal Insurance Contributions Act, (FICA), Self Employment, (SE... More..
Politics, News & Issues > Economic News Reasons for raising the minimum wage: 3 of 11
The minimum wage is both an economic and social benefit to the nation. Acceptance of such a concept leads me to conclude an insufficient minimum wage rate does no good and (if it's extremely insufficient), probably harmful to our nation.(I would suppose that an excessive minimum wage would do no good and possibly be harmful t... More..
Politics, News & Issues > Political & Economic Theory Should lawmakers free us from market forces by controlling gas prices?: 5 of 18
It may become imperative for our nation to ration some essential commodity or service. I am not suggesting that rationing is a desirable government policy. I am suggesting that under some circumstance our government may have no more superior or feasible policy than to institute rationing for some vital and scarce commodities.... More..
Business > Business News & Issues Behavioral economics: The new marketing?: 4 of 14
What we know (or believe that we know) of human behavior is certainly applicable to marketing and very often should be factors to be considered when making financial or economic determinations.Economists consider the interrelationships of resources as wealth to be harvested, created, nurtured, distributed or consumed. Applied... More..