If only cannialism; otherwise, meat is food. Simple as that.

The minimum wage is a bad law because it prevents entry of those with low skill set, and ultimately, they are forced into illegal activity or welfare.

Well, considering, humans are atop of the food chain, meat is hardly murder. It is food. Plants are alive just as much as animals. Is that murder?

CASE CLOSED!!!

Money can buy happiness.

Imagine with more money you can buy female escorts and have all the advantages of a wife yet none of the disadvantages. If that is not happiness, what is?

All the cars and boats imaginable. Golf all day and every day.

What the life?

This quote describes the status of a socialist or populist economy where the mentality is always against the rich and for the poor.

Capitalism is better than socialism. In socialism, "We have a system that increasingly taxes work and subsidizes nonwork." Milton Friedman

However, America has a mixed economy, which mean that it has the best of capitalism and socialism.

After reading The World is Flat, which has been quite some time, Thomas Friedman's notion of the 10 reasons why the world has been flatten is a fair and accurate description of leveling the playing field because one key reason; November 9th 1989 was the day that the Berlin Wall Fell. This event sent shock waves around the world suggesting that communist policies have failed and capitalism has prevailed due to free market enterprise.

The World is Flat is idealistic because although outsourcing and off-shoring has killed many American jobs, it has created millions of jobs for the Chinese, Indians and other countries and sent them out of poverty while for the most part, due to Americans ingenuity, America is adopting to the global labor force despite China's emergence.

China is progressively transferring from a agrarian to an industrial economy not because of communist policies, but the move to private property ownership in 1970's.

It is unfair to compare the equality between developed and developing countries because standard of living isn't determined by government laws and regulations, it is the demand of the labor market selected by skills, talent and productivity.

It will ultimately be difficult for Haiti to become a rich country because of the lack of infrastructure and institutions in order to gain the required skills, talent and productivity, in which the world demands. A major key element in economic development for a country is foreign direct investment. WHY? The US and China are one and three in the word with highest FDI. For now, China is still considered a developing country with Inflow: $108.31 billion Outflow: $52.15 billion, net $56 billion while the US still dominates at Inflow: $316.11 billion, Outflow: $311.79 billion but net of only $5 billion

Lastly, Thomas Friedman did a excellent job in explaining the changes of the world by globalization.

Tax cuts and less spending is always better for the economy.-------

Well, my first movie postdates this debate, and the movie is The Hurt Locker and Saving Private Ryan.

Minimum wage actually creates more poverty because these laws enforce employers not hire those with low skills and talents. If the minimum wage is $7.25/hr, and so a person's skills are suppose $7.00/hr, they will not be hired because the extra 25 cents per hour is charity work. Thus, minimum wage laws protect unions from competition and restricts open opportunity for all members of society who want to gain entry into that occupation.

The mininum wage is a failed public policy sponsored by unions. Not only is the government to blame, but unions are just as big as a probelm.

When unions lobby for minimum wages in Congress and State legislatures, they are no advocating for the poor, they are doing the exact opposite; they are protecting the unions from any competition and create less free labor market. The minimum wage consequently hurts the poor because it is protecting those who already have jobs in the union and limits the number of available jobs.

Without the minimum wage, the perceived perception of the race to the bottom of using exfoliation for low wages is an extremely imaginary delusion.

The supply and demand of labor irrefutably regulates wages in the free market without government intervention. Labor

In the supply and demand curve, the supply and demand determines wages based on education and productivity. For example, in China, if the demand for 10 million workers in manufacing is required, then the supply will be met with the demand. The end result is lower pay, which is contributed to the law of diminishing return.

However, why does Alex Rodriquez get paid so much? Well, because the union protects from competition of other leagues and supply and demand of labor.

The union protects him by guaranteeing him and all players a minimum wage. On the supply and demand, how many people are going to hit 30 HRS, 100 RBI's 20 SB, .300 AVG and team leadership every season? Well the supply is likely 1 and demand is very high, like 32 teams. When companies are freely allowed to compete for the most skilled in their profession, wages will increase.

Yes, Einstein was religious despite his monumental discoveries in physics that being the Theory of Special Relativity and Theory of General Relativity. He tossed back and forth between what his believes were and what he was the research that he achieved.

READ: THE WORLD AS I SEE IT by Albert Einstein.