Thursday, December 10, 2009

Professor John K. Galbraith has a witty remark decades ago

"There are those who don't know and those who don't know they don't know. " -John K. Galbraith said such with everlasting impact to all forecasters with projections.

My conclusion after I heard the debates of the Health Care Bill in Congress:

Let us wait and look at the empirical evidence in the years to come. Such would be the fair way to evaluate President Obama's push for Health Care legislation for all Americans.

Would the middle-class folks pay more or less? That remains to be seen. Keep our eyes and ears open with impartial thought for fellow folks as taxpayers.

Francis Shieh a.k.a. Xie Shihao,a member of the so-called middle-class in USA as a graduate student from China in 1947 trying to study Economics and Philosophy with focus on the human behavior(psychology) such as greed of some folks in the private interest or power-seeking efforts of some others in the public interest. There should be a mix of both sectors in the best interest of a just and harmonious society as I have observed in the USA and in China for Sino-American Economics to be a watcher and an observer. Hehehahahoho all the way and we shall live to be centenarians + to be exempt from paying tax when all folks leave this mundane world with eternal rest. In the meantime,let us be happy and go lucky when we are still on earth. I do remember that Happiness is NOT material consumption over desire only but to add intellectual pursuit,spiritual satisfaction and above all, GOOD HEALTH. Nobody would impugn,indeed!

Thursday, December 10, 2009 Happy Yuletide with spiritual underpinning. Xiexielaotianye! At 5.48 a.m.

No comments: