Home |
Search |
Today's Posts |
#16
|
|||
|
|||
better put out more feeders Perry, I'm sure the winds stripped off all their
blossoms east of you. And it's quite awhile before they make their trek to Mexico for winter...........I have hummer's here too. More than I normally see. My blue Salvia (Blue Egnima that gets 5-6 foot tall) and 4 o'clocks, Cleome, Phlox and trumpet vine are really getting hit hard with the large population of hummers right now. They actually run off the butterflies that are out in force! It's funny to see a hummer running a butterfly! maddie "Perry Templeton" wrote in message ... As an aside to the storm, I am absolutely over-run with hummingbirds. I had lots of hummingbird attractant flowers in my yard, and the storm knocked all the blooms off. I had taken down the feeders, so the wind wouldn't get them. The evening of the storm, I had cooked over a campstove, was sitting outside eating and oh my gosh, got bombed by a hummer. I immediately put down my dinner and filled up and re-hung the feeders. The little darlings must have put out the word because it is hummingbird heaven. A bright spot in all this mess. Perry Houma, LA southwest of New Orleans "madgardener" wrote in message ... "Snooze" wrote in message ... The attitude is we can afford to assist our own. In the aftermath of the tsunami, many of the effected areas were not near airports with runways large enough to accommodate transport aircraft, and those that were, did not have the equipment necessary to unload and distribute relief supplies. understood, didja see those pictures of I-10 and the causeway? I also watched CBS the other night when they decided on short notice to take "the backroads of 190" and pointed out that major roads were bad enough, but for rural back road communities, a 200 year old oak tree across the only road was more devistating than anyone who doesn't understand this can comprehend. I lived in an area where if the train was running, you sat until it passed. Nevermind that the only grocery store was on the other side....you had to wait. I can well imagine if the backroads to this disaster haven't even been thought about....................little things lift my thoughts though......like that Turkish man in front of his little Po-boy and convenient store who was saying he was staying open to feed anyone who needed food, that he could cook over a pit.............that speaks of the core of what america used to be and possibly is still. I like to hope that in the face of more disasters that would affect MORE of the country, we'd come together and tell the rest of the world to take care of their own...........how I wish our son's and daughters were home taking care of their own business in their own part of their country. I can't imagine how the people who are FROM the area's hit hard are dealing with the fact that their homes, possibly their families are gone for good.........will the military let them come home to seek out their families and assess the damages, or will they just have to find out when information is released? That is why the marines and navy were deployed into those areas. Any city in America has sufficient roads and an army of forklift operators, truck drivers and near an airport capable of landing a transport airplane, so we don't really need to park an aircraft carrier to act as a mobile airport and air traffic controller. Every sheriff's department and fire department in the country has a trained Search and Rescue (SAR) team, so we don't need SAR teams from Europe good point. and you gave me a ponder to think about.............. The problem is, if we weren't at war, the national guard from every neighboring state would have been activated to assist with security, clean up and search/rescue. The problem is of course, all the equipment, and guardsmen are busy searching for weapons of mass destruction in Iraq. oh yes, and didn't you hear? there were NO MDI's.........................................I feel that if shrub really wanted Iraq for the oil, why doesn't he just come out and SAY it, we have the troops, we have the equipment, just take the country, take the oil and sort out the terrorists from the rest of the folks who just wanna live in peace, set up shop and build a few refinaries since the EPA isn't gonna slow things down over there.....................and no, I didn't vote for the bastage........................................... ..............boy does the Bayou boys song take credence here right now.........(no pun intended) (Creedence Clearwater Revival) Bad Moon rising........... http://news.google.com/news?hl=en&ne...rd+new+orleans The first story is about the Iowa national guard sending 6 guardsmen and some generators to a hospital, they should be sending way more then that. -S just makes me tired. and how sad, shrub had to break off his vacation early.......enough of this, I'm going outside to watch the frogs that live in my BBQ pit fountain, and the hummingbirds who are oblivious of nothing else but my late summer buffet, and pick a few ripe figs and thank the gods for a sunny day, heat, and humidity all. madgardener |
#17
|
|||
|
|||
that IS interesting.....................and considering Venezuela has reason
to want to feed Pat Robertson some of their hottest and spiciest food right now with a tall, chilled glass of Mexico's finest water, I'm encouraged that they don't judge all of us by one zealot..................................... "simy1" wrote in message oups.com... interesting that some not so friendly countries, such as Venezuela, Germany, Saudi Arabia, and Russia, have offered help. I could not find mention of help from the UK or Italy, both current allies in Iraq. |
#18
|
|||
|
|||
"madgardener" wrote in message ... Whenever there is a natural disaster, the tsunami in the Indian Ocean for example, the world community expects the United States to help. When a natural disaster hits the USA, the world community is silent. Are you basing this on our wonderful media non-coverage of the "news?" If it doesn't involve a missing drunk white girl or a runaway bride, you aren't going to hear about it. Foreign coverage of the news is out of the question when you have to have several segments on lip gloss and or how to pick a good plastic surgeon. I've been watching the news coverage of this disaster and it is pathetic. No one is asking any tough questions. Most of the "reporters" couldn't find their ass in the dark with a flashlight. |
#19
|
|||
|
|||
"madgardener" wrote in message ... "Marsha" wrote in message ... Hi Marilyn, we were asking this same question in another group I just wonder what it's going to take to wake people up to the inevitability of gas rationing, and astronomical prices of food, products, etc. On the first day of Economics 101 you learn about the trade-off between "guns and butter." Someone must have skipped that class. |
#21
|
|||
|
|||
"Vox Humana" wrote in message . .. On the first day of Economics 101 you learn about the trade-off between "guns and butter." Someone must have skipped that class. well Vox, I didn't have Economics 101. kindly enlighten me, I might be 52 but I'm willing to learn more. (not being sarcastic, either) madgardener |
#22
|
|||
|
|||
"madgardener" wrote in message ... "Vox Humana" wrote in message . .. On the first day of Economics 101 you learn about the trade-off between "guns and butter." Someone must have skipped that class. well Vox, I didn't have Economics 101. kindly enlighten me, I might be 52 but I'm willing to learn more. (not being sarcastic, either) madgardener The comment wasn't directed at you, but the person who decided that we needed guns instead of butter. The "Guns and Butter" curve is based on the fact that there is limited productivity. You can produce guns OR butter. When one product goes up, the other goes down unless you can increase productivity. This illustrates the concept of "opportunity loss." In other words, when you decide to go to war, you experience an opportunity loss to produce (or afford) things like infrastructure and consumer goods. http://www.investopedia.com/terms/g/gunsandbutter.asp |
#23
|
|||
|
|||
AH HA@!!! I knew you weren't directing the statement towards me, but I
always enjoy learning what I don't know. by the way, I wrote a rant (not aimed at you, either) last night in regards to someone's response about the news "coverage" and decided not to post it......I read it this morning, it wasn't bad, but I could sure tell I got caught up in my emotions, again. Now if only the ex-daughter in law would just call and sarcastically tell me "we're alright" and hang up, I'd feel better. I don't care if they have a house to go back to or if everything is lost as long as they're all alright..........apparently the people who live down there have this nonchalant attitude that "it's not as bad as you think, we'll rebuild and everything will be fine". I got this from my son who has talked to two of his best friends who are fine, but have sustained tremendous damage to their homes. One is in TOTAL denial because he manages and trouble shoots Wendy's restaurants near Slidelle and doesn't realize that Slidelle is GONE........................it's just not there, but he thinks he'll be back to work "in a week"...........sigh.........thanks for enlightening me madgardener "Vox Humana" wrote in message . .. "madgardener" wrote in message ... "Vox Humana" wrote in message . .. On the first day of Economics 101 you learn about the trade-off between "guns and butter." Someone must have skipped that class. well Vox, I didn't have Economics 101. kindly enlighten me, I might be 52 but I'm willing to learn more. (not being sarcastic, either) madgardener The comment wasn't directed at you, but the person who decided that we needed guns instead of butter. The "Guns and Butter" curve is based on the fact that there is limited productivity. You can produce guns OR butter. When one product goes up, the other goes down unless you can increase productivity. This illustrates the concept of "opportunity loss." In other words, when you decide to go to war, you experience an opportunity loss to produce (or afford) things like infrastructure and consumer goods. http://www.investopedia.com/terms/g/gunsandbutter.asp |
#24
|
|||
|
|||
The stores are reflecting what they are being charged for delivery by truck,
for all our food and household products. I am thinking we might be heading into a depression. I was born durning the last one. NJ is jacking gas prices by 50 cents in the next couple days. We are retired and don't really need to go anywhere we don't choose. We are fortunate in that way. "madgardener" wrote in message ... there's a problem Betsy........the prices have already hit $3.29. I use regular since there's no way I can afford the "premium" gasoline at $3.59 per gallon. At Exxon stations, the premium gas is almost $4! I saw the local Exxon showing prices for premium as $3.89. My best bet would have actually been to have followed my instincts (too late now) and top off the tank, again, and saved myself almost $4 for the total savings. And that doesn't mean that $3.29 is the lowest price it will stop at before the oil reserves are processed. That might take a little bit. Enough time to clean me out of anything I have to go towards gasoline. At least my son gets paid Friday, but that's every two weeks. So we have to figure that yesterday's half tank of gasoline which cost $24.30 will today cost us $32.90. That's $8.60 difference. Now factor in that unless I jump on the $3.29 now, and wait until tomorrow morning, the price might actually be HIGHER. And gas buddy's website is showing prices relevent to Monday's prices when it was still a DOLLAR cheaper than it is three days later................................... I don't know where you are, but where I am, I'm feeling screwed and it ain't even getting started. Here's the insult. I knew prices were going to go up. I even anticipated higher everything prices eventually because of the cost of transporting. But what I didn't expect was when I decided not to run the very necessairy errand this afternoon after seeing the huge price increase, I stopped at the local grocery store and they had ALREADY RAISED PRICES ON STORE ITEMS..............yesterday I could have gotten the meager items for much less. So gouging is already in progress before the set cost of all this has become evident. I see a long season and winter ahead of me with lots of rice and beans and cornbread............... (you might think this is being extreme, let me give you the example: yesterday, a good medium sized bottle of orange Dawn liquid detergent would have cost me $1.89 with my Food City discount card. Today, that same bottle was priced at $2.99. Now I know that bottle was there yesterday. It wasn't brought in today by the truck. I went to get a couple of microwave dinners for supper. Monday I could have gotten them for 2@$5. today those same dinners were 2@$6 so you see, it hasn't even begun and the stores are already taking advantage. Now add insult to injury. My son's friend and his mother and aunt's headed to Houston Sunday in the path of the hurricane. They checked into the hotel and paid $52.95 + tax for their rooms each. Yesterday, Antonio told my son that they were notified by the management that their room rates were higher. They figured since they were approaching Labor Day weekend, and went down to pay for a week in advance until they could find a condo to rent. They were informed that the room rates were now $134.95 per night, and this was no Marriott either. It was a nice average hotel on the outskirts of Houston. He and his mother and aunt's are now frantically searching for a condominium to rent to save money that the hotel is gouging them for now..................... 'nuff said. And I figure there will be more attrocities in the upcoming days and weeks and months. I won't bore anyone with updates on it. I've said enough. madgardener "BetsyB" wrote in message ... Oops! Here's an address to find your better gas prices. http://www.gasbuddy.com/ BetsyB "madgardener" wrote in message ... and we ain't seen nothing yet on the effects this is gonna have I realize,son works at Lowes at night stocking his store he used to work days in plumbing......he doesn't have a CLUE what is about to unfold in regards to products, deliveries, availabilities, etc................life is about to change in ways people haven't seen since Depression days. good thing I'm a pack rat when it comes to food supplies.........which reminds me, I need to hit Wally world for arse wipe and liquid soap while I can and while gas is ONLY $2.69 a gallon...........sigh................... maddie "Marsha" wrote in message ... It's horrifying "madgardener" wrote in message ... "Marsha" wrote in message ... Hi Marilyn, we were asking this same question in another group I just wonder what it's going to take to wake people up to the inevitability of gas rationing, and astronomical prices of food, products, etc. I mean, do they realize that despite we're still in the end days of summer, we're approaching fall, and there are a lot of people who heat their homes with oil? (I have a heat pump that works off of electricity, and for back up during power outs, a simple fireplace in one room with an electric blower which of course won't work during a power outage, but at least I can open the doors g) and that oil will be so highly priced they'll have to decide wheather to be cold or buy high priced food? sigh.................we ain't seen nothing yet on how this hurricane has affected the country.................................(I was horrified yesterday by them showing the main pipeline that runs from New Orleans up thru to New York that has a major break in it....... I mean, wanna just send flyers out to potential terrorists for strike targets?? Geeze! and no, I don't normally worry about stuff like that, I mean, I live less than 60 miles from Oak Ridge for crying out loud, I won't have time to do more than put my head between my knees and kiss my arse goodbye if something were to happen over there............ Howze yer gardening going, lady? haven't heard from you in awhile. I've been laying low, myself letting the weedy grasses overtake the pathways, and enjoying the multitude of flowers that persist despite my lack of involvement. Depression and disaster are interesting bedmates. I've been struggling all summer. But at least I'm safe. I feel badly for the people down in the gulf. And if it weren't for the fact that I am the transportation for my son's job responsibilities, I'd pack up and go down there and do what I could to help. I'd feel much better doing that, believe me. thanks for hollering back. maddie |
#25
|
|||
|
|||
"Vox Humana" wrote in message . .. "madgardener" wrote in message ... Whenever there is a natural disaster, the tsunami in the Indian Ocean for example, the world community expects the United States to help. When a natural disaster hits the USA, the world community is silent. Are you basing this on our wonderful media non-coverage of the "news?" If it doesn't involve a missing drunk white girl or a runaway bride, you aren't going to hear about it. Foreign coverage of the news is out of the question when you have to have several segments on lip gloss and or how to pick a good plastic surgeon. I've been watching the news coverage of this disaster and it is pathetic. No one is asking any tough questions. Most of the "reporters" couldn't find their ass in the dark with a flashlight. Or a damn roadmap! |
#26
|
|||
|
|||
Vox Humana wrote:
The comment wasn't directed at you, but the person who decided that we needed guns instead of butter. The "Guns and Butter" curve is based on the fact that there is limited productivity. You can produce guns OR butter. When one product goes up, the other goes down unless you can increase productivity. Which is why traditional war was initially good for the economy. It can result in unemployed workers finding employment creating supplies for the war. However over the last half century, our military has stockpiled most of what they need ahead of time, so new jobs don't materialize as they did in the past. (Our economy also isn't based as much on manufacturing, either.) You also don't get the big production shift from consumer goods to war goods even if the war continues. For example, when WWII there had been lots of money made by working class people. For the first time in history, some families had dual incomes. The women were working not because they needed money. They were working because there was a labor shortage. But consumer goods were either not manufacturered, or repurposed for the war effort, so there wasn't anything to spend money on. That money was available to spend after the war, and kept the economy humming for a few years. Also, today, war is funded by taxes. Taxes that drain money from disposable income. Taxes that aren't used as pooled money to buy things to fuel the economy (such as roads). (The "guns and butter" curve does apply to Federal spending.) All that extra income that couldn't be spent during WWII was put into savings: Specifically war bonds that funded the war instead of direct taxes. So instead of draining money from the economy like the current war, WWII took advantage of disposable income that couldn't be spent. So the current war didn't give us the initial boost in productivity. It isn't providing additional disposable income to families. And it's draining money from the economy in the form of direct taxes, rather than using borrowed bond money. So the "guns and butter" curve is actually only kicking in for the Federal government. Disaster relief will further drain money from the pot the Federal government has to spend, which will mean either less "butter" for us, or higher taxes to raise the productivity of the Federal government. But "guns and butter" doesn't apply to our economy directly as it did in the past. We didn't see an initial boost in employment. We're not seeing families gaining disposable income. And there won't be a big pool of money that had been loaned to the government available to spend when the war is over. And now the huge amount of tax dollars that will be needed for disaster relief will mean further money drained from the economy. There won't be as much money for roads elsewhere. There won't be as much money for education. There won't be as much money available for anything that relies on Federal funding. And while there will be a lot of new jobs created to rebuild, those new jobs are counter-balanced by all the jobs lost in the region. And the money earned on those new jobs won't be going into the national economy. It'll be funneled back into the regional economy for the rebuilding effort. Funding a war and rebuilding the Gulf Coast at the same time is going to cost us big time. Gas prices over $3 are just the beginning. At some point we may find ourselves with a hard choice: Discontinue funding for either the war or disaster relief, or allow the national economy to collapse. (Any bets on what the current administration doesn't want to stop funding regardless of the cost?) And that's when the "guns and butter" curve will kick in big time. It no longer will just be something affecting the spending of Federal tax dollars. It will affect our entire economy. Once that happens, "guns and butter" will be very real to all of us. -- Warren H. ========== Disclaimer: My views reflect those of myself, and not my employer, my friends, nor (as she often tells me) my wife. Any resemblance to the views of anybody living or dead is coincidental. No animals were hurt in the writing of this response -- unless you count my dog who desperately wants to go outside now. Have an outdoor project? Get a Black & Decker power tool:: http://www.holzemville.com/mall/blackanddecker/ |
#27
|
|||
|
|||
Please don't think that way - that gas prices will cause a depression.
We might be in for a rough time over the next few weeks, but preliminary indications are that the energy/gasoline problems coming from Katrina will be temporary. The issue is not really the oil supply, but distribution, and to a lesser extent, refinery capacity. Regarding distribution, the broken pipelines in LA are being repaired as we speak. Although port and rail out of NO harbor will take longer to restore, they will be a priority. And the EPA has temporarily waived all of the special fuel blend requirements for different parts of the country, so that distributors can get gas from the places that have it to the places that need it. Regarding refining capacity, all of LA only has 8% of the nation's refinery capacity - even if LA's refineries were out of commission for an extended period (which they won't be), we could manage to conserve 8% of our gasoline without too much hardship. Higher prices for gasoline hurt people's wallets, and I know that they will be a hardship for some. However, they also will encourage people to conserve - by planning ahead, limiting unneccessary trips, etc. Unfortunately, panic about gas supplies has exactly the opposite effect: people go stock up on gas, including filling upevery container they can find and hoarding gas. This causes an artificial shortage, which causes more panic, which causes more people to hoard what they can find, and perpetuates a vicious cycle. If we could get people to calm down and just take some reasonable steps to conserve gas, we'd be fine. But given human nature, I fear at least some areas will end up rationing gas over the next few weeks. I really hope I'm wrong. What's criminal is that the nation has not added any refinery capacity since the 1970s. Don't you think we use just a *little* more gas now than we did 30 years ago? If we had some headroom in our petroleum refining and distribution system, we wouldn't be in such a fix now. My two cents' worth, Laura "BetsyB" wrote in message ... The stores are reflecting what they are being charged for delivery by truck, for all our food and household products. I am thinking we might be heading into a depression. I was born durning the last one. NJ is jacking gas prices by 50 cents in the next couple days. We are retired and don't really need to go anywhere we don't choose. We are fortunate in that way. "madgardener" wrote in message ... there's a problem Betsy........the prices have already hit $3.29. I use regular since there's no way I can afford the "premium" gasoline at $3.59 per gallon. At Exxon stations, the premium gas is almost $4! I saw the local Exxon showing prices for premium as $3.89. My best bet would have actually been to have followed my instincts (too late now) and top off the tank, again, and saved myself almost $4 for the total savings. And that doesn't mean that $3.29 is the lowest price it will stop at before the oil reserves are processed. That might take a little bit. Enough time to clean me out of anything I have to go towards gasoline. At least my son gets paid Friday, but that's every two weeks. So we have to figure that yesterday's half tank of gasoline which cost $24.30 will today cost us $32.90. That's $8.60 difference. Now factor in that unless I jump on the $3.29 now, and wait until tomorrow morning, the price might actually be HIGHER. And gas buddy's website is showing prices relevent to Monday's prices when it was still a DOLLAR cheaper than it is three days later................................... I don't know where you are, but where I am, I'm feeling screwed and it ain't even getting started. Here's the insult. I knew prices were going to go up. I even anticipated higher everything prices eventually because of the cost of transporting. But what I didn't expect was when I decided not to run the very necessairy errand this afternoon after seeing the huge price increase, I stopped at the local grocery store and they had ALREADY RAISED PRICES ON STORE ITEMS..............yesterday I could have gotten the meager items for much less. So gouging is already in progress before the set cost of all this has become evident. I see a long season and winter ahead of me with lots of rice and beans and cornbread............... (you might think this is being extreme, let me give you the example: yesterday, a good medium sized bottle of orange Dawn liquid detergent would have cost me $1.89 with my Food City discount card. Today, that same bottle was priced at $2.99. Now I know that bottle was there yesterday. It wasn't brought in today by the truck. I went to get a couple of microwave dinners for supper. Monday I could have gotten them for 2@$5. today those same dinners were 2@$6 so you see, it hasn't even begun and the stores are already taking advantage. Now add insult to injury. My son's friend and his mother and aunt's headed to Houston Sunday in the path of the hurricane. They checked into the hotel and paid $52.95 + tax for their rooms each. Yesterday, Antonio told my son that they were notified by the management that their room rates were higher. They figured since they were approaching Labor Day weekend, and went down to pay for a week in advance until they could find a condo to rent. They were informed that the room rates were now $134.95 per night, and this was no Marriott either. It was a nice average hotel on the outskirts of Houston. He and his mother and aunt's are now frantically searching for a condominium to rent to save money that the hotel is gouging them for now..................... 'nuff said. And I figure there will be more attrocities in the upcoming days and weeks and months. I won't bore anyone with updates on it. I've said enough. madgardener "BetsyB" wrote in message ... Oops! Here's an address to find your better gas prices. http://www.gasbuddy.com/ BetsyB "madgardener" wrote in message ... and we ain't seen nothing yet on the effects this is gonna have I realize,son works at Lowes at night stocking his store he used to work days in plumbing......he doesn't have a CLUE what is about to unfold in regards to products, deliveries, availabilities, etc................life is about to change in ways people haven't seen since Depression days. good thing I'm a pack rat when it comes to food supplies.........which reminds me, I need to hit Wally world for arse wipe and liquid soap while I can and while gas is ONLY $2.69 a gallon...........sigh................... maddie "Marsha" wrote in message ... It's horrifying "madgardener" wrote in message ... "Marsha" wrote in message ... Hi Marilyn, we were asking this same question in another group I just wonder what it's going to take to wake people up to the inevitability of gas rationing, and astronomical prices of food, products, etc. I mean, do they realize that despite we're still in the end days of summer, we're approaching fall, and there are a lot of people who heat their homes with oil? (I have a heat pump that works off of electricity, and for back up during power outs, a simple fireplace in one room with an electric blower which of course won't work during a power outage, but at least I can open the doors g) and that oil will be so highly priced they'll have to decide wheather to be cold or buy high priced food? sigh.................we ain't seen nothing yet on how this hurricane has affected the country.................................(I was horrified yesterday by them showing the main pipeline that runs from New Orleans up thru to New York that has a major break in it....... I mean, wanna just send flyers out to potential terrorists for strike targets?? Geeze! and no, I don't normally worry about stuff like that, I mean, I live less than 60 miles from Oak Ridge for crying out loud, I won't have time to do more than put my head between my knees and kiss my arse goodbye if something were to happen over there............ Howze yer gardening going, lady? haven't heard from you in awhile. I've been laying low, myself letting the weedy grasses overtake the pathways, and enjoying the multitude of flowers that persist despite my lack of involvement. Depression and disaster are interesting bedmates. I've been struggling all summer. But at least I'm safe. I feel badly for the people down in the gulf. And if it weren't for the fact that I am the transportation for my son's job responsibilities, I'd pack up and go down there and do what I could to help. I'd feel much better doing that, believe me. thanks for hollering back. maddie |
#28
|
|||
|
|||
"BetsyB" wrote in message ... The stores are reflecting what they are being charged for delivery by truck, for all our food and household products. I am thinking we might be heading into a depression. I was born durning the last one. NJ is jacking gas prices by 50 cents in the next couple days. We are retired and don't really need to go anywhere we don't choose. We are fortunate in that way. We have already started changing our habits. I don't leave home unless I know where and why I am going. But, even if you stay home this is going to get you. A cold winter has been predicted and all energy prices are going to rise due to disruption in supply or distribution along with a strong demand from developing countries like China. Everything has an energy component in the price, both for production and transportation. Insurance prices are likely to rise, also. I think that we were in bad spot already with a jobless recovery. Wages are slipping and poverty is growing. With most people only a couple of paychecks from disaster, I think you may be right about the depression. It's breathtaking to think that we have gone from a surplus to a financial disaster in about 5 years. |
#29
|
|||
|
|||
|
#30
|
|||
|
|||
"Warren" wrote in message ... Vox Humana wrote: The comment wasn't directed at you, but the person who decided that we needed guns instead of butter. The "Guns and Butter" curve is based on the fact that there is limited productivity. You can produce guns OR butter. When one product goes up, the other goes down unless you can increase productivity. Which is why traditional war was initially good for the economy. It can result in unemployed workers finding employment creating supplies for the war. However over the last half century, our military has stockpiled most of what they need ahead of time, so new jobs don't materialize as they did in the past. (Our economy also isn't based as much on manufacturing, either.) You also don't get the big production shift from consumer goods to war goods even if the war continues. For example, when WWII there had been lots of money made by working class people. For the first time in history, some families had dual incomes. The women were working not because they needed money. They were working because there was a labor shortage. But consumer goods were either not manufacturered, or repurposed for the war effort, so there wasn't anything to spend money on. That money was available to spend after the war, and kept the economy humming for a few years. Also, today, war is funded by taxes. Taxes that drain money from disposable income. Taxes that aren't used as pooled money to buy things to fuel the economy (such as roads). (The "guns and butter" curve does apply to Federal spending.) All that extra income that couldn't be spent during WWII was put into savings: Specifically war bonds that funded the war instead of direct taxes. So instead of draining money from the economy like the current war, WWII took advantage of disposable income that couldn't be spent. So the current war didn't give us the initial boost in productivity. It isn't providing additional disposable income to families. And it's draining money from the economy in the form of direct taxes, rather than using borrowed bond money. So the "guns and butter" curve is actually only kicking in for the Federal government. Disaster relief will further drain money from the pot the Federal government has to spend, which will mean either less "butter" for us, or higher taxes to raise the productivity of the Federal government. But "guns and butter" doesn't apply to our economy directly as it did in the past. We didn't see an initial boost in employment. We're not seeing families gaining disposable income. And there won't be a big pool of money that had been loaned to the government available to spend when the war is over. And now the huge amount of tax dollars that will be needed for disaster relief will mean further money drained from the economy. There won't be as much money for roads elsewhere. There won't be as much money for education. There won't be as much money available for anything that relies on Federal funding. And while there will be a lot of new jobs created to rebuild, those new jobs are counter-balanced by all the jobs lost in the region. And the money earned on those new jobs won't be going into the national economy. It'll be funneled back into the regional economy for the rebuilding effort. Funding a war and rebuilding the Gulf Coast at the same time is going to cost us big time. Gas prices over $3 are just the beginning. At some point we may find ourselves with a hard choice: Discontinue funding for either the war or disaster relief, or allow the national economy to collapse. (Any bets on what the current administration doesn't want to stop funding regardless of the cost?) And that's when the "guns and butter" curve will kick in big time. It no longer will just be something affecting the spending of Federal tax dollars. It will affect our entire economy. Once that happens, "guns and butter" will be very real to all of us. Your point is well taken. I was thinking primarily about the federal government's ability to fund infrastructure. Ironically, this administration CUT money for the levee project in New Orleans. The Army Corp of Engineers said the money was cut because of the war, thus the "Guns or Butter" analogy. I think that all in-county issues aside (like insurgents and training of new terrorists), the war has made us less safe because we can't invest in infrastructure and disaster planning. We heard about dirty bombs and biological weapons for months last year during the campaign. However, when the shit hit the fan, apparently we haven't a clue about how to respond to a catastrophe. Today I almost spit when I heard the president tell Diane Sawyer that no one could have predicted the failure of the levees! |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Winter comes, Katrina passes and rec.ponds begins to snooze | Ponds | |||
What are YOU doing for the victims of Katrina? | Gardening | |||
Katrina killed my crop! | Edible Gardening | |||
What are YOU doing for the victims of Katrina? | Orchids |