General Music Chat

Kramer, that's an interesting take. There is an old model of economics called "Guns & Butter" , which describes a society's current orientation on spending and production. Guns actually refers to technology production, with respect to a 'growing' economy. (It can include, but is not limited to weapons production) Butter would describe the production of luxury, or as some folks put it; the 'toys' for society.
In WWII, USSR was under the curve of Guns production... Subsequently, they didn't get many toys... and eventually the USSR fell apart. (Remember that Economics is actually a study of human behavior) . If I'm not mistaken...Nazi Germany attempted to shift rapidly to a Butter economy (When Hitler promised goods and services to Germans) . He won them over, but couldn't shift his economy back, fast enough to effectively continue his world domination campaign.

Today, IMHO we are inundated with a "butter" Economy, compounded with an inability to pay off the debt we accrued to obtain our toys.. You and I wont suffer...But your kids and their kids will suffer extremely... because, as a nation we are com,promised and vulnerable to a lot of sharks out there now. We can operate an IPod, but we cant manually run through a trajectory to intercept a weapons launch... (Better hope those computers Dont get hacked or break down.

Face it, Our kids will have to chop down the Shade-tree that our parents planted and grew, and use it for their fire wood...

Well that's also an interesting way to look at economics. Knowledge is power. So are you thinking we've all turned to butter?

What are your thoughts on this- guns being tech, and butter being luxury- our economic model is completely built on paper with no backing now.. does that somehow enter into the mix as a new variable?

" A lot of capitalists will argue that an increased percentage of the population is lazy and stupid, when the reality of it is that the national IQ average has gone up steadily over the last 50 years, people are working harder, longer hours, making less money and less security than since the great depression."

The kids I have met are the most poorly educated and brainwashed that I have ever observed. They do not know history, they can not compose a proper sentence, they can not spell, they read at substandard levels, if at all, and they have no idea when politicians are lying through their asses to them.... Mainly because they are too ignorant to know how to properly fact check on their own or they are too lazy to do that.

I must live in parallel universes to yours.