tedolph

You should have fought him and told him to make the first move. He needs to be off the streets and locked up. tedolph

Not sure this is the right place for this comment. It seems to me that the #1 development thing S.S. could do would be to push the city and RTA to connect S.S. to U. circle with a light rail link. It is a PITA to get from SS to UC on the bus and UC doesn't have anywhere near enough housing. CH is just up the hill but that is a PTIA too in bad weather. TEdolph

In China. And as long as we allow the Chi-Coms to devalue their currancy by 25% in an economic war against the U.S., that is where all the job creation will be if you goose consumer demand. TEdollph

Interesting that New York State cities like Buffalo and Rochester were able to build subways (Cincinati too!) but Cleveland, which struggled mightily to do so, could not. I know each city's situation was unique, but are there any comonalities with the N.Y. cities that made them sucessful in this endeavour? Tedolph

I was thinking of it more as an already-existing redistributive mechanism, and one that has an element of "reward for working" to it since one has to be working (earned income) to qualify. How about just creating an economic climate where the 99% can be i) fully employed and ii) make decent money? Would that be better than just shifting around pieces of the same old pie? TEdolph

Oh, you mean all these po' folk are going to go out and buy CAT scanners, heavey machinery, Jumbo Jets and other stuff that we make in the US, or are they gong to go out and buy shirts and shoes and handbags from Walmart? Maybe they will buy more middle east gasoline for thier Hundai? Have you looked at the balance of trade numbers lately? Well you are correct, your so called "Robin Hood" tax will be great for job creation........ in China! Our economic prblems are structural and will not be fixed by goosing customer demand. That is another big lie by the political establishment. TEdolph

And exaclty how is that going to put people to work? TEdolph

Very nice photojournal. THis is the way to do it. Kent and Akron have excellent leadership, and it shows. tEdolph

Funny, looking at all the Case Nerds looking at this wierd thing with quizical looks on their faces. TEdolph 'Cause they look like Case nerds-I oughta know! What, you don't think they have any Case Nerds in K.C.? Why Case Nerds are everywhere! You just don't know it-they keep low profile. TEdolph, class of '81

Funny, looking at all the Case Nerds looking at this wierd thing with quizical looks on their faces. TEdolph

You don't need to spend 30% for heath care. I have been self employed for over 25 years. I have a personal blue cross plan with a $1500.00 anual deductable that costs me $200.00/month. Our employees have a gold plated plan that costs over $400.00 per month. The difference? I pay for my plan out of after tax income so I have no incentive to overconsume, and an incentive to save my deductible. The employees are paying with pre-tax income and it is taken out of thier check whether they like it or not so there is no oppotunity cost for them, and they have no disincentive for consuming as much as possible. Again, government intervention has perverted the supply and demand system. what is killing us for exports is that China is devaluing thier currency by about $25%. That is equivalent to a 25% tariiff on all goods exported to China and a 25% discount on all imported goods. TEdolph

Other than the loopholes which should be closed, I think that the marginal income tax rates are about right. Also, people that aren't paying any tax (both rich and poor) need to pay tax. Anyway, fixing the tax code, while it is a good thing to do is not going to generate any jobs. Let the rich keep more money and they will (right now) just keep investing in paper games. Tax the rich more and somhow give it to the poor (send them checks?) and they will either buy cheap Chinese shirts from Walmart, or pay down credit card debt. None of that will generate a single U.S. job, although it will be great for job growth in China. We really need to fundamentally restructure our economy away from a consumption of goods economy, to an export economy. That means we have to undo TARP (impossible, that horse is our of the barn), force China to stop devaluing its currancy (there is acutally some bi-artisan movement on that issue), maybe revoke most favored nation status (remember how tought we got with Japan?) and start treating OPEC like the illegal monopoly that it is. We only let the OPEC nations get away with what they do to keep the peace in the Middle East-somthing that is becoming a losing game of tennis. I fear however that this is way above the heads of the "occupy_____movement" and certaintly isn't what their handlers have in mind. The Tea Party was gettin close but then the social zealots took over that movement. Oh, one more thing. The current administration is so beholden on both wall street and the far Left (talk about being caught between polar extremes) that we can't expect any meaningful leadership from there, just more useless Keynsian economic stumulus and I am not convinced that the Republicans have the political balls to tell the American people the truth. TEdolph

Morris Shankar (sp?) Tedolph

Man, one billion dollars is serious money. Well, I guess I can be expecting a phone call soon. Better get my check book ready. Tedolph

And that has historically been the incentive for land reform, etc. in other couintires, not a bottom up incentive as many would like to believe. The so called "rich" are well aware of the social and economic dangers of gross income maldistribution. They just don't think (and I agree) that the solution is to take it from them by force and sprinkle it like pixie dust on the masses. The Romans used to do that (remember bread and circuses) and it is not a long term solution. The way to redistribute wealth in a meaningfull and long term way is to grow economic opportunity for the middle class and especially the poor-then you will see the rich investt in productive assets rather than paper speculation (very profitable in the short term). The great increases in capital wealth by the rich is an indication of people making money pushing essentially worthless pieces of paper back and forth in a game of the last man to hold the bag. It doesn't generate any real wealth and it is a game the rich play when there are no producitve assets (e.g. factories) to invest in. We have some really serious structual problems with our economy due to concious decisions we have made over the past 20 years (NAFTA, China MFNS, TARRP) which have made it impossible for us to be competitive, and attractive for the rich to engage in pure financial speculation. The most egregious of these (all though they are all egregious) is the belief in "free trade" rather than "fair trade". The Chinese and OPEC has been fleecing us for decades and finially it has brought us to our knees. This is the real cause of the so called "income gap". Tedolph