About Me

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Los Angeles, California, United States
The blog 'Breaking Bread' is for a civil general discussion, like you might have at the dinner table with guests. The posts 'Economics Without the B.S.' are intended for a general audience that wouldn't have to know the difference between a Phillips Curve, a Laffer Curve, or a Cole Hamels Curve. Vic Volpe was formally educated at Penn State and the University of Scranton, with major studies in History, Economics and Finance, and Business; and, is self-educated since by way of books and on-line university courses. His practical education came from fifty years of work experience in the blue-collar trades as well as a white-collar professional career -- a white-collar professional career in production and R&D. In his professional career and as a long-haul trucker, he has traveled throughout the lower forty-eight. From his professional career alone he has visited many manufacturing plants in the United States, Europe and China. He has lived in major metropolitan areas and very small towns in various parts of the United States. He served three years with the U.S. Army as an enlisted man, much of that time in Germany.

Saturday, April 18, 2015

Thought for the day

Economics Without The B.S.**:  Thought for the day


[**  Double entendre intended.]


THOUGHT FOR THE DAY

It is interesting to note while more and more candidates for the Presidency throw their hat into the ring, and pundits check all the boxes of the résumés, what the results will be. One of the most qualified men to hold that office was a member of the House and the Senate, held an administrative position with one of the most powerful Presidents (Andy Jackson), was later to serve in another administration as the Secretary of State, declined an offer to serve on the Supreme Court and later was elected our 15th Presiden, James Buchanan. He was followed by Abe Lincoln, who had a couple of weeks experience leading a small military unit, and very little political experience at the national level and no experience with foreign affairs.

In a "modern" age when we give employees (like airplane pilots) psychological profile tests to determine outcomes, we might look back at history.