I want to hear your thoughts on it.


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Having worked at blue cross while bo care was being implemented i have some pretty strong feelings about it.

Disclaimer


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The following is my opinion and by all means I am no expert. While in college I did research on the economic impact of the infrastructure programs that were implemented during the Depression. My research showed that in most instances for every tax dollar that was spent on real and not pork infrastructure needs it increased personal spending at least 2x.

When a typical American that has a home that they lived in and it gets to the point where the house is starting to have maintenance issues they usually renovate or purchase a new home. In most cases these renovations or new purchases can not be done unless they go to the bank and get a loan. In alot of cases they may upgrade with the renovations or go into a bigger home based on the fact that their income has and will continue to increase since they been in their current home.

By the person getting that debt they have did two important things.
1) They have improved their home or purchase a new home that will most likely last longer than if they did nothing and waiting to the house fall on them.
2) They have created jobs since there will be folks that will do the renovations or constructed a new home for the person or maybe the person who sold their home to the person bought a newly constructed home.

From that debt, the funds will likely double or triple the money being spent.

Sidenote: Now one important piece to this, is the good ole banker. Since the banker is a qualified financial professional, she/he must gather the potential borrower's financial information and do a thorough analysis. The goal of the banker is to reduce the risk of loss to the bank and hopefully help the borrower understand the risk of taking on the debt. So the banker should be able to get the borrower a loan that they are capable of repaying and not put them in a loan they know they likely can't repay.

Now let's look at USA. We have infrastructure that is crumbling, which some unfortunately have literally crumbled with people dying (highway bridges). Alot of the infrastructure from the 60s and 70s have not been completely repaired or replaced. I know alot of people feel that we should go not go into any debt, but there is alot of things that in our beautiful country that needs significant repairs or replaced. IMHO, if we fully invested in repairing and replacing our infrastructure it would have a big impact on our economy. Employment, wages, and new businesses should increase, which the tax base should increase to repay the debt. Just my two cents.

(09-07-2014 10:56 AM)LR Alum Wrote:  The following is my opinion and by all means I am no expert. While in college I did research on the economic impact of the infrastructure programs that were implemented during the Depression. My research showed that in most instances for every tax dollar that was spent on real and not pork infrastructure needs it increased personal spending at least 2x.

When a typical American that has a home that they lived in and it gets to the point where the house is starting to have maintenance issues they usually renovate or purchase a new home. In most cases these renovations or new purchases can not be done unless they go to the bank and get a loan. In alot of cases they may upgrade with the renovations or go into a bigger home based on the fact that their income has and will continue to increase since they been in their current home.

By the person getting that debt they have did two important things.
1) They have improved their home or purchase a new home that will most likely last longer than if they did nothing and waiting to the house fall on them.
2) They have created jobs since there will be folks that will do the renovations or constructed a new home for the person or maybe the person who sold their home to the person bought a newly constructed home.

From that debt, the funds will likely double or triple the money being spent.

Sidenote: Now one important piece to this, is the good ole banker. Since the banker is a qualified financial professional, she/he must gather the potential borrower's financial information and do a thorough analysis. The goal of the banker is to reduce the risk of loss to the bank and hopefully help the borrower understand the risk of taking on the debt. So the banker should be able to get the borrower a loan that they are capable of repaying and not put them in a loan they know they likely can't repay.

Now let's look at USA. We have infrastructure that is crumbling, which some unfortunately have literally crumbled with people dying (highway bridges). Alot of the infrastructure from the 60s and 70s have not been completely repaired or replaced. I know alot of people feel that we should go not go into any debt, but there is alot of things that in our beautiful country that needs significant repairs or replaced. IMHO, if we fully invested in repairing and replacing our infrastructure it would have a big impact on our economy. Employment, wages, and new businesses should increase, which the tax base should increase to repay the debt. Just my two cents.

Your two cents amounts to a hundred times the worth of all of the PAC ads put together. Unfortunately, the electorate, especially in Arkansas, is not educated or smart enough to do or understand an analogy that makes sense like yours does. Sad but true.

(09-07-2014 10:56 AM)LR Alum Wrote:  The following is my opinion and by all means I am no expert. While in college I did research on the economic impact of the infrastructure programs that were implemented during the Depression. My research showed that in most instances for every tax dollar that was spent on real and not pork infrastructure needs it increased personal spending at least 2x.

When a typical American that has a home that they lived in and it gets to the point where the house is starting to have maintenance issues they usually renovate or purchase a new home. In most cases these renovations or new purchases can not be done unless they go to the bank and get a loan. In alot of cases they may upgrade with the renovations or go into a bigger home based on the fact that their income has and will continue to increase since they been in their current home.

By the person getting that debt they have did two important things.
1) They have improved their home or purchase a new home that will most likely last longer than if they did nothing and waiting to the house fall on them.
2) They have created jobs since there will be folks that will do the renovations or constructed a new home for the person or maybe the person who sold their home to the person bought a newly constructed home.

From that debt, the funds will likely double or triple the money being spent.

Sidenote: Now one important piece to this, is the good ole banker. Since the banker is a qualified financial professional, she/he must gather the potential borrower's financial information and do a thorough analysis. The goal of the banker is to reduce the risk of loss to the bank and hopefully help the borrower understand the risk of taking on the debt. So the banker should be able to get the borrower a loan that they are capable of repaying and not put them in a loan they know they likely can't repay.

Now let's look at USA. We have infrastructure that is crumbling, which some unfortunately have literally crumbled with people dying (highway bridges). Alot of the infrastructure from the 60s and 70s have not been completely repaired or replaced. I know alot of people feel that we should go not go into any debt, but there is alot of things that in our beautiful country that needs significant repairs or replaced. IMHO, if we fully invested in repairing and replacing our infrastructure it would have a big impact on our economy. Employment, wages, and new businesses should increase, which the tax base should increase to repay the debt. Just my two cents.

Yes, i think we should have been on that in bo's 1st term instead we got cash for clunkers.

We can still fix that one.


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This is where we need some real leadership that can work together.

Instead we have weak leadership on both sides that just says **** like well the other guy was worse.

This bothers me. The people are divided about in half and half and fight over the wrong things.

I am raising kids that speak two languages and are getting a top flight education to compete in the global economy because the US is losing its edge and the workers are going to compete for jobs that are any where in the world.

This will drive the separation of the upper class from the middle and below.

I am in the top 3.5% of all income earners in the nation and ~2% in the world, I can afford to do what is best for mine.

The real issue is the middle class family making 80k a year can't do this. That means that the public school and infrastructure need to be in place that provides a way to do business and the labor to do it with.

I dont feel we are producing that right now. No child left behind and then common core have cost us a coup,e of generations on kids by the time we could change to something that is proven to work in other countries.




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(09-07-2014 01:09 PM)LR Alum Wrote:  I agree about there must be more give and take instead its my way or the highway. I'm an independent but have noticed in my opinion that things have gotten more divisive when moderate republicans at the house level have not been able to win their primaries due moreso to social issues instead of economic issue that have greater impact on everyone. Personally I don't care if a person is gay, but I do care that you are going to fix the potholes in my street in a timely manner. There are extremes in the democrat party too but you still have a fair amount of moderate democrats in office. We really need at least another strong 3rd or 4th party but our current political system makes it hard for it to happen.

At least one that they both have to court.




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(09-06-2014 07:20 PM)PTJR Wrote:  

(09-06-2014 03:12 PM)insideualr Wrote:  It's labelled and a warning is given in the 1st.

Those that feel like talking can.

Well, since you insist. Obamacare has been a big success in this State. Arkansas has gone from a State with close to the most uninsured for healthcare to around middle of the pack. Whether you know it or not, less uninsured people will help your and everyone else's healthcare costs. In fact, statistics show it already has.

(09-07-2014 01:14 PM)insideualr Wrote:  

(09-07-2014 01:09 PM)LR Alum Wrote:  I agree about there must be more give and take instead its my way or the highway. I'm an independent but have noticed in my opinion that things have gotten more divisive when moderate republicans at the house level have not been able to win their primaries due moreso to social issues instead of economic issue that have greater impact on everyone. Personally I don't care if a person is gay, but I do care that you are going to fix the potholes in my street in a timely manner. There are extremes in the democrat party too but you still have a fair amount of moderate democrats in office. We really need at least another strong 3rd or 4th party but our current political system makes it hard for it to happen.

At least one that they both have to court.



Can you get me back on the private board.


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