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Author | Topic: American Apocalypse. Coming Soon. | |||||||||||||||||||||||||||
Phat Member Posts: 18262 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
Taz writes: I've been told by several people that they used to buy into the trickle down economics of Reagan but now have seen the real world effect of that, and it's bad. The assumption was that if rich people got the money they would invest in jobs and make the rest of us prosper. But what actually transpired was that when rich people got more money all they did was gamble away in risky business and caused the economic downturn. They don't care since rich people can ride out the storm without feeling a pinch in their stomach. It's the rest of us that paid the price for their mistakes. Can we blame Obama for this? quote: Republicans claim that only by allowing the free market to grow can the economy recover...but why is it that they are hiring cheaper foreign labor instead of US labor? How do they expect us to recover if they wont pay us??
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frako Member (Idle past 306 days) Posts: 2932 From: slovenija Joined: |
How do they expect us to recover if they wont pay us?? Well thats simple you are not the target group in this economic recovery they are the rich do you know how much money they have lost you can work all your life save every penny and not come close its only fair that they get it back they lost the most. yes its satire but true
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Phat Member Posts: 18262 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
so are you saying that since the rich lost more they should benefit more from a recovery?
If a wealthy businessman has no customers who can afford his products, he will not recover either.
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frako Member (Idle past 306 days) Posts: 2932 From: slovenija Joined: |
I know that, You know that, tell the rich people.
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Jon Inactive Member |
If a wealthy businessman has no customers who can afford his products, he will not recover either. This becomes the crippler of Reaganomics: Supply doesn't drive production, DEMAND does. No one makes a factory to produce widgets that nobody is going to buy. It matters not how much money you fork over to the rich and the 'entre-manures', they will never provide any jobs for anything if there isn't a demand for the crap they want to make. Not that demand alone is sufficient; it must be balanced. And so it is certainly not only a matter of supply. Jon Love your enemies!
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jar Member (Idle past 394 days) Posts: 34026 From: Texas!! Joined: |
Phat writes: so are you saying that since the rich lost more they should benefit more from a recovery? If a wealthy businessman has no customers who can afford his products, he will not recover either. It's a big world. They no longer have to depend on the US market. Us = 307 Million customers. China = 1.3 BILLION customers. India = 1.2 BILLION customers. Vietnam = 87 Million customers. Brazil = 193 Million customers. Indonesia = 230 Million customers. Pakistan = 176 Million customers. Bangladesh = 150 Million customers. Nigeria = 160 Million customers. Russia = 142 Million customers. The US just is not needed as a market anymore. Anyone so limited that they can only spell a word one way is severely handicapped!
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Jon Inactive Member |
The US just is not needed as a market anymore. And I assume that includes labor market as well? How can we make ourselves needed? And who is it that we are making need us anyway? Love your enemies!
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jar Member (Idle past 394 days) Posts: 34026 From: Texas!! Joined: |
Jon writes: The US just is not needed as a market anymore. And I assume that includes labor market as well? How can we make ourselves needed? And who is it that we are making need us anyway? That's really an important question. What would make a US worker of value? What could we do that would increase the net value of US workers? One possibility would be to have the US worker better educated in areas like discrimination, critical thinking, imagination, creativity, history, a general cross specific, broad education. But that really needs to start by first educating the population that will be the parents and grandparents of those workers. But remember, each of those customers listed above are also potential workers. Anyone so limited that they can only spell a word one way is severely handicapped!
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Jon Inactive Member |
What would make a US worker of value? But to whom is it that we'd be making ourselves more valuable? Love your enemies!
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jar Member (Idle past 394 days) Posts: 34026 From: Texas!! Joined: |
Jon writes: What would make a US worker of value? But to whom is it that we'd be making ourselves more valuable? Ourselves in the end. Anyone so limited that they can only spell a word one way is severely handicapped!
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Phat Member Posts: 18262 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
Taq writes: We humans are shortsighted. We weigh the present and immediate future more heavily than the past and the distant future. On top of that, we put our trust in politicians who campaign on increasing wealth in the here and now without any thought to the future (i.e. terms when they will not be running for office). Have we learned anything from the past?
originally, as it turns out, the debt ceiling was supposed to make things easier. A hundred years ago, it seemed so straightforward. When Congress wanted to spend, it spent. And if it needed to borrow, it approved the sale of a bunch of Treasury bonds. Congress would consider each new bond individually. "They would literally approve the form of the security, the purpose of the security, what the duration was going to be, what the interest rate was going to be," says Susan Irving from the Government Accountability Office. What If We Don't Raise The Debt Ceiling? Now, if our credibility gets damaged, the rest of the world may abandon us...leaving us to flounder.
NPR writes: Heck, the tornadoes and floods tipped us back into recession!! We are on the brink of a catastrophe!
Although refusing to raise the ceiling would be an almost unprecedented move, some conservatives argue it's the only way to get federal spending under control. (...)Because the government employs so many people, not paying them even temporarily would have a huge impact on the economy and might tip the U.S. back into recession, Miller says. And if the stalemate went on long enough, politicians might have to choose between paying Social Security recipients and angering the bond market. No one can be sure which choice they would make.
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Phat Member Posts: 18262 From: Denver,Colorado USA Joined: Member Rating: 1.1 |
jar writes: Jon writes: What would make a US worker of value? But to whom is it that we'd be making ourselves more valuable? Ourselves in the end. The End, eh...What End? Are we supposed to suck it up and become a 3rd world nation for a hundred years while we fix what was broken? Try telling that to the guy with a Dodge ram and a gun-rack behind the seat. The same guy who believes that this nation was favored and blessed by God. If the corporations (mainly run by G.O.P.) abandon the American worker in favor of cheaper foreign labor, there will be a war. And can you blame the people for feeling cheated? Edited by Phat, : spelling
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frako Member (Idle past 306 days) Posts: 2932 From: slovenija Joined: |
well you are already in debt for 100% of your GDP the problem of being in debt is you have to pay intrest and pay the debt back.
So sooner or later you will haveto start paying back those debts my guess the intrest and the money you have to pay back every year could easily fund your military the one you spend more then the rest of the world combined on. The only way to get your government spending under control is to cut government spending. And make this the last lone you need to take if that does not happen you will take more lones next year and the year after that .... Untill you wont be able to take more lones and a large % of your gdp will go in to paying back the previus lones, not to mention that noone will want the dollar anymore witch will be anoter grate blow to your economy ..... The easiest way would be to cut the department of defenses budget round 20% of your GDP, or you could cut a few % from what every department is getting
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jar Member (Idle past 394 days) Posts: 34026 From: Texas!! Joined: |
Phat writes: jar writes: Jon writes: What would make a US worker of value? But to whom is it that we'd be making ourselves more valuable? Ourselves in the end. The End, eh...What End? Are we supposed to suck it up and become a 3rd world nation for a hundred years while we fix what was broken? Try telling that to the guy with a Dodge ram and a gun-rack behind the seat. The same guy who believes that this nation was favored and blessed by God. If the corporations (mainly run by G.O.P.) abandon the American worker in favor of cheaper foreign labor, there will be a war. And can you blame the people for feeling cheated? Of course I can blame it on the people feeling cheated. It is up to the folk in the US whether or not the decide to become a third world nation. Just where will the "war" be and just how will that fix anything? Anyone so limited that they can only spell a word one way is severely handicapped!
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Buzsaw Inactive Member |
jar writes:
The End, eh...What End? Are we supposed to suck it up and become a 3rd world nation for a hundred years while we fix what was broken? Try telling that to the guy with a Dodge ram and a gun-rack behind the seat. The same guy who believes that this nation was favored and blessed by God. If the corporations (mainly run by G.O.P.) abandon the American worker in favor of cheaper foreign labor, there will be a war. And can you blame the people for feeling cheated? Of course I can blame it on the people feeling cheated. It is up to the folk in the US whether or not the decide to become a third world nation. Just where will the "war" be and just how will that fix anything? No. You can blame the sheeple who drank the ("God damn America") Obama/Wright koolaid. As per his/their agenda, he aspires for all nations to become third 3rd world Nations of Islam, leaving the sheeple of America no liberty to decide. (abe: The war will culminate at Armageddon in Jerusalem, the last bastion of independence. Righteous King/Messiah Jesus will do the fix ) Edited by Buzsaw, : As noted. Edited by Buzsaw, : word correction BUZSAW B 4 U 2 C Y BUZ SAW. The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.
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