Raise the living standards of poor people

[chang]

Dear Tom Lehman,
Did you read my explanation of my Spiral Model of Economic Growth? And
did you read my article "What should we do to raise the living standards
of poor people?"website:
<http://www.geocities.com/WallStreet/Exchange/3058/poor.htm>? In these
articles, I don't spend large percentages of GDP on the military, and I
don't spend a large percentage of GDP on the construction, maintenance
and operation of prisons. I just said: "If a country spend a few
percentage of their GDP on the military, unemployment would decrease.
And it is one of the ways to solve the problem of unemployment but not
the best way. When there are still a lot of people suffering from cold
and hunger in a country, they should spend a large percentage of their
GDP on raising the living standards of poor people."

Why did you write: "If you go the military Keynesian route and spend
large percenages of your GDP on the military, then that is the
directions your markets will take, and that is the path to war or
national bankruptcy.  If you spend a large percentage of your GDP on the
construction, maintenace and operation of prisons, then you will have a
prison economy with markets geared to meet the needs of prison
industry."?

Sincerely,
Ju-chang He

Tom Lehman wrote:
> 
> Dear Chang,
> There are a lot of very smart people who read this list.  Matter of fact, most of the
> people who read this list are probably smarter than me!
> 
> I personally don't agree with everything anyone says all of the time.  To my way of
> thinking, everyone makes their little contribution to human progress.  No one is
> always correct 100% of the time!
> 
> If you go the military Keynesian route and spend large percenages of your GDP on the
> military, then that is the directions your markets will take, and that is the path to
> war or national bankruptcy.  If you spend a large percentage of your GDP on the
> construction, maintenance and operation of prisons, then you will have a prison
> economy with markets geared to meet the needs of prison industry.
> 
> Sincerely,
> Tom
> 

-- 
Ju-chang He
SHENZHEN, P.R. CHINA
E-mail address: <chang at public.shenzhen.cngb.com>
Welcome to visit My Home Page at
<http://www.geocities.com/WallStreet/Exchange/3058/>