THIS is why congress needs to leave their mitts off of trying to "fix" the economy!! - GoFuckYourself.com

sperbonzo · 08-24-2011, 08:46 AM

...And probably why every time government tries to run a business, they screw it up...

http://thehill.com/homenews/news/177...4bQrI.facebook

Report: Majority of Congress with no education in business
By Mike Lillis - 08/23/11 12:47 PM ET

Almost 80 percent of lawmakers have no academic background in business or economics, even as Congress grapples with deficits, unemployment and other economic issues of tremendous complexity, according to an independent analysis released Tuesday.

The Employment Policies Institute (EPI) found that only 8.4 percent of lawmakers majored in economics or a related field, while just 13.7 percent studied topics related to business or accounting.

"This research suggests that our elected Representatives may want to dust off their Econ 101 textbook (if they have one) before trying to tackle weighty questions about the impact of taxes, spending, and debt on our economy and the labor market," EPI's release warns.

Most Capitol Hill lawmakers (55.7 percent) focused their studies on government, law or the humanities, EPI found, while 11.5 percent majored in science- or technology-related fields.

The report arrives as Congress continues to joust over deficit reduction, spending cuts, tax reform, and the role of the federal government in pulling the country out of a prolonged jobs crisis.

Republicans argue that the size of government ? combined with enormous levels of federal spending ? have contributed both to the recent recession and the slow pace in pulling out of it. They want to cut taxes, slash spending and scale back regulations they say are strangling private sector job creators.

Democrats, on the other hand, see the government playing an active role in bolstering the economy. They're pushing proposals designed to create jobs by increasing infrastructure spending, lending a lifeline to states and hiking taxes on corporations that outsource jobs.

.

Harmon · 08-24-2011, 08:51 AM

This makes sense, my Hebrew brethren.

Sly · 08-24-2011, 08:55 AM

Most of them went to school to become politicians. Weeeeeee!

porno jew · 08-24-2011, 08:56 AM

most business people do not either. so what?

epitome · 08-24-2011, 09:14 AM

So is that their fault or voters fault?

tony286 · 08-24-2011, 09:20 AM

For the past 10 yrs business has been shipping jobs overseas for short term gains. Wages have been stagnet for 30 yrs. If it wasnt for cheap credit people would of realized how truly fucked they have been. Yep more of that is the answer.

Harmon · 08-24-2011, 09:24 AM

Quote:

Originally Posted by epitome

So is that their fault or voters fault?

More like, the best of the worst...

Lucy - CSC · 08-24-2011, 09:28 AM

Americans have been breed to think that government run businesses and socialism is awfull by the mass media which is controlled by the big businesses that want to own and run them for profit.

"Hey lets get the bankers to fix the economy after all they broke it!"... That will cost you tens times what universal health care and a free eductation system would cost please.

Sly · 08-24-2011, 09:31 AM

Quote:

Originally Posted by tony286

For the past 10 yrs business has been shipping jobs overseas for short term gains. Wages have been stagnet for 30 yrs. If it wasnt for cheap credit people would of realized how truly fucked they have been. Yep more of that is the answer.

Few businessmen in office. Jobs going overseas. We suggest no change.

Lawyers in office. Lobbyists in pocket. Medical bills getting insane. We suggest drastic change.

Sounds kind of strange.

JamesGw · 08-24-2011, 11:03 AM

Focus of education doesn't mean everything, especially when you have the types of connections and help these guys do. I wouldn't be surprised if most of them have economics specialists in their offices giving advice.

pornguy · 08-24-2011, 11:29 AM

That piece of paper means nothing.

Plenty of people do very well without.

Some you may have heard of.

Bill Gates.
Steve Jobs
and many others

sperbonzo · 08-24-2011, 11:42 AM

Quote:

Originally Posted by pornguy

That piece of paper means nothing.

Plenty of people do very well without.

Some you may have heard of.

Bill Gates.
Steve Jobs
and many others

I'm just thinking that trying to control one of the biggest economies on the planet might be helped with just a bit of theory here and there.

.

08-24-2011, 08:46 AM	#1
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	THIS is why congress needs to leave their mitts off of trying to "fix" the economy!! ...And probably why every time government tries to run a business, they screw it up... http://thehill.com/homenews/news/177...4bQrI.facebook Report: Majority of Congress with no education in business By Mike Lillis - 08/23/11 12:47 PM ET Almost 80 percent of lawmakers have no academic background in business or economics, even as Congress grapples with deficits, unemployment and other economic issues of tremendous complexity, according to an independent analysis released Tuesday. The Employment Policies Institute (EPI) found that only 8.4 percent of lawmakers majored in economics or a related field, while just 13.7 percent studied topics related to business or accounting. "This research suggests that our elected Representatives may want to dust off their Econ 101 textbook (if they have one) before trying to tackle weighty questions about the impact of taxes, spending, and debt on our economy and the labor market," EPI's release warns. Most Capitol Hill lawmakers (55.7 percent) focused their studies on government, law or the humanities, EPI found, while 11.5 percent majored in science- or technology-related fields. The report arrives as Congress continues to joust over deficit reduction, spending cuts, tax reform, and the role of the federal government in pulling the country out of a prolonged jobs crisis. Republicans argue that the size of government ? combined with enormous levels of federal spending ? have contributed both to the recent recession and the slow pace in pulling out of it. They want to cut taxes, slash spending and scale back regulations they say are strangling private sector job creators. Democrats, on the other hand, see the government playing an active role in bolstering the economy. They're pushing proposals designed to create jobs by increasing infrastructure spending, lending a lifeline to states and hiking taxes on corporations that outsource jobs. . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

08-24-2011, 08:51 AM	#2
Harmon ( ͡ʘ╭͜ʖ╮͡ʘ) Industry Role: Join Date: Mar 2004 Posts: 20,006	This makes sense, my Hebrew brethren. __________________ [email protected]

08-24-2011, 08:55 AM	#3
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,298	Most of them went to school to become politicians. Weeeeeee! __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available - 1st month free for GFY members - DM for details Wanted: CCBill pay sites for sale

08-24-2011, 11:03 AM	#10
JamesGw Confirmed User Industry Role: Join Date: Apr 2011 Posts: 1,237	Focus of education doesn't mean everything, especially when you have the types of connections and help these guys do. I wouldn't be surprised if most of them have economics specialists in their offices giving advice. __________________ Giggles.com has a huge selection of sex toys. Need backlinks? Ask to guest post on our adult blog.

08-24-2011, 11:29 AM	#11
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	That piece of paper means nothing. Plenty of people do very well without. Some you may have heard of. Bill Gates. Steve Jobs and many others __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

08-24-2011, 08:56 AM	#4
porno jew Too lazy to set a custom title Industry Role: Join Date: Nov 2006 Posts: 10,166	most business people do not either. so what?

08-24-2011, 09:14 AM	#5
epitome So Fucking Lame Industry Role: Join Date: Jun 2009 Location: St. Petersburg, FL Posts: 12,156	So is that their fault or voters fault?

08-24-2011, 09:20 AM	#6
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	For the past 10 yrs business has been shipping jobs overseas for short term gains. Wages have been stagnet for 30 yrs. If it wasnt for cheap credit people would of realized how truly fucked they have been. Yep more of that is the answer.

08-24-2011, 09:28 AM	#8
Lucy - CSC Confirmed User Industry Role: Join Date: Aug 2011 Posts: 490	Americans have been breed to think that government run businesses and socialism is awfull by the mass media which is controlled by the big businesses that want to own and run them for profit. "Hey lets get the bankers to fix the economy after all they broke it!"... That will cost you tens times what universal health care and a free eductation system would cost please.