JeffLee's past comments

  • 0

    JeffLee

    "When government programs cost more than a government can tax to repay you end up with a lost decade or two - or more"

    That's an economically illiterate statement. "Lost decades" occur after financial meltdowns, which are caused by the private sector. Specifically, rampant unregulated capitalism by the financial sector seeking short-term profit. The resulting crash dampens private demand over the long term, leading to low growth.

    The government is then forced to supply the demand the private sector refuses to supply, leading to ballooning deficits.

    By contrast, many countries with huge govt spending on social programs, like Norway, have the world's strongest most stable economies.

    Posted in: Abe faces another bruising debate over next sales tax hike

  • 0

    JeffLee

    I had to be wait-listed to buy my new Asus laptop with Win. 8.1. All sold out nationwide. That's why I laugh at the "PC is dead, win 8 is dead" argument.

    "Windows 8 and 8.1, which forced users to heavily rely on the all-new Modern touchscreen interface"

    That's not quite true. You can choose to boot to the desktop and run your OS just like win 7, although your programs are on the start screen instead of the start button/menu. Neither of my Win. 8 PCs are touch screen.

    Anyway, some of the Win 8 apps good, like free live British TV, free streaming movies, graphically stunning financial news sites, etc., all there if you choose to have it. I don't know why so many people complain.... about getting more services and functionality!

    Posted in: Tablet sales slow as PCs find footing

  • 0

  • 3

    JeffLee

    "hard choice"? Gimme a break it's a very easy choice.

    You can't stimulate the economy while hiking a sweeping tax at the same time. It's as simple as that.

    Posted in: Abe faces another bruising debate over next sales tax hike

  • -2

    JeffLee

    "Printing money to create a market bubble?"

    The Federal Reserve sets monetary policy. Not the White House. Get your facts right. Read a textbook, or something. By the way, the US is recovering better from the 2008 that crisis than either Japan or Europe.

    "That will be blood on the hands of every Leftist."

    And yet the blood from the 6,000 innocent Americans lives from 9/11 was never on the hands of every Rightest who supported George Jr.? Now, that doesn't seem fair.

    "ISIS is HERE. A few weeks ago, one ISIS agent tweeted a picture of the ISIS flag on his smartphone in front of the White House"

    Al-Qaeda students were living in the USA through the early 2000s, enrolled in flight school, learning how fly into buildings and taking martial combat lessons. Their instructors were Americans. Where's outrage against Bush and the Republican controlled Congress over that?

    "The deliberate, sanctimonious ignorance of the Left will only lead to tragedy."

    And it was the deliberate, sanctimonious ignorance of the Right that got America into the current "tragedy" in the first place. Thanks, George "No Exit Strategy" Bush.

    Posted in: IS executes scores of Syrian troops; Obama admits he has no strategy

  • -2

    JeffLee

    "Five and a half years of being president, and Obama's record is just like it was before becoming president: Not one single accomplishment"

    What's your definition of "accomplishment"? For example, the 2004 Battle of Fallujah, where dozens of young Americans laid down their lives for the sake of a dusty Arab town where all the inhabitants hate Americans, and will always do so?

    As for Obama, well, apart from the stock market doubling in value in the last few of years, shrinking govt deficit, millions more Americans getting healthcare for cheaper than anyone predicted, and achieving positive growth in the wake of the worst economic crisis in living memory...errrr.

    Yeah, "not a single accomplishment" -- just many. And no more Americans dying for the sake of hate-filled places thousands of miles from home.

    Posted in: IS executes scores of Syrian troops; Obama admits he has no strategy

  • 6

    JeffLee

    The industry created this mess themselves. In the wake of 9/11, the airlines worldwide promptly fired thousands of pilots and thousands more mechanics and other specialists. They've since retired and young people at the time gave the industry a miss.

    Then the corporations cut benefits and wages for the existing staffers. JAL recruited cabin staff from cheap 3rd world nations on cheap short-term contracts. In LA, pilots and skilled technicians were living in a trailer park.

    When the labor unions were stronger, we didn't have this fiasco. The industry created this mess, the industry can fix it...with NO help from our tax money, thank you very much.

    Posted in: Gov't, airlines discuss measures to deal with pilot shortage

  • 4

    JeffLee

    ,,,and wet wipes too!

    Posted in: Gov't advises citizens to stockpile toilet paper

  • 0

    JeffLee

    Crickey, good point. In a case like this, we taxpayers are basically a private equity firm, or "public equity firm."

    By funding the start up or capital costs for wealthy powerful corporations, by, say, paying higher taxes on money we'd normally use for food or our kids' eductation.....how about the wealthy corporations be forced to issue securities, indexed according to the profit, to go into the state pension fund?

    Better the money go there, than to an offshore account or into Singaporean real estate, right?

    Posted in: JAL to order up to 59 jets from Mitsubishi, Embraer

  • 0

    JeffLee

    "I can't wait to see what the politicians have up their sleeves after the economy collapses again,"

    The last time the economy collapsed, in 1991, wasn't due to politicians. It was due to the asset bubble, a direct product of rampant unchecked capitalism seeking short term profit. The players were the banks, real estate agencies, and other private businesses. The govt wasn't a player.

    If you're worried about the future, then keep your eye on the financial sector. This is where the real danger lies, although politicians like Abe who are lapdogs of the business sector are also a threat to our prosperity.

    Posted in: Japan's economy stalls as incomes, spending languish

  • -3

    JeffLee

    "Softness in the labor market would counter any moves toward higher wages that might help spur more consumer demand."

    Which means the "labor shortage" is a good thing. Yep, just I said earlier, although I collected tones of "bad" ratings at the time.

    Clearly, the income tax hike has destroyed the nascent progress seen until the end of 2013.,..also just as I predicted.

    Posted in: Japan's economy stalls as incomes, spending languish

  • 0

    JeffLee

    "The cause of their heavy military spending was to answer any military threat from America."

    Even if that's true, they didn't respond to Reagon's massive spending, since the Soviet defence budget was unchanged throughout his presidency.

    The truth is Gorbachev's economic and social reforms -- that took on a life of their own -- were the reason for the Soviet collapse. Reagon's $500 toilet seats had nothing to do with it,

    Posted in: Vice economy minister: More caution needed on next tax hike

  • 0

    JeffLee

    "The state-backed Mitsubishi jet project....."

    There's a contradiction in terms. "state" plus private corporation. I assume that once Mitsubishi starts making profits, it will start paying us taxpayers dividends, since we are the ones providing much of this wealthy corporation's R&D and other funding.

    Posted in: JAL to order up to 59 jets from Mitsubishi, Embraer

  • 9

    JeffLee

    Bush also never had any exit strategies for Afghanistan or Iraq, so this isn't surprising. Although I don't recall the level of critcism back then now being heaped on Obama, even tho' Bush's zero-strategy situation lingered on for 7 miserable years.

    Posted in: IS executes scores of Syrian troops; Obama admits he has no strategy

  • 3

    JeffLee

    "The store is open from 11 a.m. to 9 a.m."

    My kind of hours.

    Posted in: Tokyo gets a taste of authentic British fish & chips

  • -2

    JeffLee

    "Reagan...pushed the Soviet Union into economic collapse."

    Utter nonsense. Gorbachev has a laugh whenever he hears that one.

    The Soviet' defense spending never changed response to American military spending. CIA estimates from the 90s indicate that Soviet expenditures on defense remained more or less constant throughout the 1980s. Neither the military buildup under Jimmy Carter and Reagan had any real impact on gross spending levels in the USSR.

    "Since the 1970's, the Department of Health and Human Services (otherwise known as the "Welfare Department") has been America's largest (by dollars spent) government institution."

    Yeah, and by "big" I mean size. DHSS has about 75,000 employees. the US military at least 1.4 million. For every 100 military guys, there's only 5 DHSS employees.

    Posted in: Vice economy minister: More caution needed on next tax hike

  • 5

    JeffLee

    Koreans and Chinese are fully justified in their accusation that Japan doesn't have a clue about war responsibility if the country's prime minister truly believes imperial military leaders "sacrificed their lives to form the foundation of peace and prosperity in Japan today"

    Hello, they were the obstacle, not the cause, of Japan's "peace of prosperity." How out of touch can you get?!?! Are Japanese citizens also pointing out this uttered flawed logic? I guess not, eh.

    Posted in: Abe sent support message to war criminal memorial service in April

  • -2

    JeffLee

    "....you'd think they'd have figured out that fiscal stimulus doesn't work"

    LOL. It WAS working....before April 1, 2014.

    Reagan got it to work when he handed a trillion bucks to the Pentagon, the world's biggest single government insitution, so that government people could buy government equipment for other government people and to pay government issued wages to government employees.

    And he massively ran up the deficit to do this! But hey, the economy and markets grew. Where would Boeing be today without all that government financial support?

    Posted in: Vice economy minister: More caution needed on next tax hike

  • -1

    JeffLee

    "Nonsense Jeff,"

    No, it's not "nonsense." The routine way of reporting the death tolls for the Bataan Death March, the Burma Railway and other such Japanese atrocities is to put the relatively small number of Western deaths first....and then the much higher Asian death toll later, as an afterthought, or to omit them all together. It's a de-facto rule of Western publishing and journalism. I know, because I once worked as an editor.

    China lost 15 million in the war, Japan only about 2.5 million. Yet Japan has managed to hijack the prevailing victim hood role in the world's imagination thru its assiduous promotion of Hiroshima.

    If someone outside China does bother to elaborate on the Chinese victims' plight, like Iris Chang, they're bullied into submission, or even suicide in her case.

    Posted in: Taiwan honours 56,000 WWII soldiers killed by Japanese in Myanmar

  • -1

    JeffLee

    "the ceremony was the first to mark those killed in Myanmar"

    56,000 killed, and why has this been ignored for so long? It seems Asian victims of the Japanese don't get a lot of respect.

    Posted in: Taiwan honours 56,000 WWII soldiers killed by Japanese in Myanmar

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