Trump
Comments
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The labour force particpation rate only includes working age people and they have no reason to make it look so bad by including children and retired baby boomers. How do you not know that? You lost all credibilty bud.Look it up.You have clearly been brainwashed by the socialists. What exists now is crony capitalism which I am against. Things need to be more free market to allow a fair marketplace where everyone has equal opportunity and be rewarded for hard work. Socialism is when people rely on government and take no responsibilty for their life. This is a recipe for diaster. I do think there needs to be sensible safety nets but not ones that sentence the population to endeless suffering and dependance.rgambs said:
Just because Fox news said it, doesn't make it true.newy777 said:
He is pushing socialism in a country that simply can´t afford it. That is why I say delusional. It doesn´t take that much understanding of economics to understand socialism destroys countries. The population will be impoverished if the social agenda wins out. I see it looks enticing but it isn´t a workable solution in the biggest debtor nation in the world. In fact it is the opposite as prosperity of tomorrow will be brought forward to today. This is immorality at it´s core. I doubt 1% of the people have an clue what is going on. Personally I don´t like Trump and his ego makes me sick but he tells the truth and you know where he stands.He basically even said USA will default on it´s debt which is amazing coming from someone running for office. 19 trillion dollars in debt and the unfunded liabilities make it in the hundrends of trillion. Who pays this back?? How can the population afford it? It can´t.. War hungry Hillary is the one to worry about as it is more of the same elitist bullshit. The elitists have the people where they want them and like people to be dependant on their system. Bernie and Trump are anti establishment and putting up a fight. As I said Bernie seems nice and caring of the lower class but his policies are delusional. I understand why people like Bernie but if any of his supporters spent 10 min understanding the econmics of what he proposes then they will learn it´s frankly a bad joke. I certainly wouldn´t put my kids futures at jeopardy by voting in a socialist. There will be no middle class left. Hillary just means endless war and crony capitalism. The only one to really shake things up here is Trump and like him or no,t it is at least a step away from the failures of Bush, Clinton and lacklustre Obama that wasted 8 yrs and more than doubled the countries debt but still labor force particiaption is at a 40 yr low. Some big changes are coming but please don´t tell me I´m wrong about Sanders being delusional. You need to sharpen your pencil bud.Smellyman said:
This post seems nice but deluded.newy777 said:Bernie seems nice but deluded. Hillary is the ultimate evil and Trump has the best interests of the nation at heart but has problems with his manners. All have problems but there is only one that is competant. Interesting to read through the commentary..
Might be the funniest shit I have read in this thread. That is saying a lot.
Take your labor participation stat, that is a much bigger piece of misinformation than the official unemployment figure.
You do realize that little children and retired baby boomers are included in that stat that Hannity harps every day without making any distinctions.
Your broad condemnation of "socialism" is typical McCarthyism drivel, you ignore the democratic controls that keep it in check and I am sure you fail to acknowledge that socialistic principles and actions are the only thing that keep our economy afloat when the capitalists you adore wreck the economy and leave us in the gutter. FDR must be a figment of my imagination I guess...0 -
This sounds like a mashup of Trump/Sanders....maybe a Trump/Sanders or Sanders/Trump running mate platform.CH156378 said:Signs a Child is Bullying Others
Kids may be bullying others if they:
-Get into physical or verbal fights
-Have friends who bully others
-Are increasingly aggressive
-Get sent to the principal’s office or to detention frequently
-Have unexplained extra money or new belongings
-Blame others for their problems
-Don’t accept responsibility for their actions
-Are competitive and worry about their reputation or popularity
hippiemom = goodness0 -
I am atheist and think women have the right for abortion. Living in scandinavia and seeing what is happening here I can completely recommend that the vetting process is up to scratch with immigration. I personally am friends with a few muslims from Turkey and Iraq but also have been told by 2 others they hate me because I am from a country that supports USA. Really confronting stuff when religion blinds people like that and you are shown hostility when acting polite and nice.josevolution said:
He said your delusional because you believe the Trump had the country's best interest at heart which everyone knows is full of crap , so you agree with the thoughts he's spewed maybe woman should pay a price for having an abortion , the deportation of 11 million illegal immigrants the banning of Muslims even for a month would have major repercussions etc etc etc all he does is spew lies he said Clinton wants to abolish the 2nd amendment which is a total fucking lie !!!!!newy777 said:
He is pushing socialism in a country that simply can´t afford it. That is why I say delusional. It doesn´t take that much understanding of economics to understand socialism destroys countries. The population will be impoverished if the social agenda wins out. I see it looks enticing but it isn´t a workable solution in the biggest debtor nation in the world. In fact it is the opposite as prosperity of tomorrow will be brought forward to today. This is immorality at it´s core. I doubt 1% of the people have an clue what is going on. Personally I don´t like Trump and his ego makes me sick but he tells the truth and you know where he stands.He basically even said USA will default on it´s debt which is amazing coming from someone running for office. 19 trillion dollars in debt and the unfunded liabilities make it in the hundrends of trillion. Who pays this back?? How can the population afford it? It can´t.. War hungry Hillary is the one to worry about as it is more of the same elitist bullshit. The elitists have the people where they want them and like people to be dependant on their system. Bernie and Trump are anti establishment and putting up a fight. As I said Bernie seems nice and caring of the lower class but his policies are delusional. I understand why people like Bernie but if any of his supporters spent 10 min understanding the econmics of what he proposes then they will learn it´s frankly a bad joke. I certainly wouldn´t put my kids futures at jeopardy by voting in a socialist. There will be no middle class left. Hillary just means endless war and crony capitalism. The only one to really shake things up here is Trump and like him or no,t it is at least a step away from the failures of Bush, Clinton and lacklustre Obama that wasted 8 yrs and more than doubled the countries debt but still labor force particiaption is at a 40 yr low. Some big changes are coming but please don´t tell me I´m wrong about Sanders being delusional. You need to sharpen your pencil bud.Smellyman said:
This post seems nice but deluded.newy777 said:Bernie seems nice but deluded. Hillary is the ultimate evil and Trump has the best interests of the nation at heart but has problems with his manners. All have problems but there is only one that is competant. Interesting to read through the commentary..
Might be the funniest shit I have read in this thread. That is saying a lot.0 -
That wasn't a chess move, I'm sorry. That was a 'I said something before thinking so I need a way out' move.BS44325 said:
The upside is that he is elevating Sanders and making the Democratic contest that much more contentious. Just by suggesting a debate he has made unification between the two factions that much more difficult. It's chess not checkers.mrussel1 said:Regarding the Sanders/Trump debate, this is just another case of Trump spouting off at the mouth without thinking things through. Of course he isn't going debate. There's no upside. But that didn't stop him from sounding like a jackass. Good thing he still took the opportunity to be a dickhead.
""Based on the fact that the Democratic nominating process is totally rigged and Crooked Hillary Clinton and Deborah Wasserman Schultz will not allow Bernie Sanders to win, and now that I am the presumptive Republican nominee, it seems inappropriate that I would debate the second place finisher," Trump said. "Likewise, the networks want to make a killing on these events and are not proving to be too generous to charitable causes, in this case, women’s health issues. Therefore, as much as I want to debate Bernie Sanders - and it would be an easy payday - I will wait to debate the first place finisher in the Democratic Party, probably Crooked Hillary Clinton, or whoever it may be."
Read more: http://www.politico.com/blogs/on-media/2016/05/donald-trump-backs-out-of-debate-with-bernie-sanders-223674#ixzz49tIN1owG
Follow us: @politico on Twitter | Politico on Facebook0 -
You are blaming Hillary/the Obama admin for the Arab Spring?newy777 said:
You must look through the racist, fascist,chauvinist propaganda the media spews out and listen to him wanting to secure borders, reform the military, telling truth about the nations debt, exposing Hillary being in the pocket of big corporate america whilst he is pretty much funding himself on a much smaller budget etc Time to start thinking for yourself. I can´t stand egoistic people but the one thing that is even worse is people like Hillary that are a danger to the world we live in. What a disgrace and disaster the Arab Spring has led to. Endless suffering for what? Radical new change has to happen if this world is to become a better place. Most people tend to be Republican or democrat and thats as far as the thinking goes. Thats the problem with democracy as many people are ill suited to make rational decisions. There are a lot of things I disagree with Trump on but as I see it he offers the chance of new more positive beginnings . Something that hasn´t happened for decades.gimmesometruth27 said:
exactly how does trump have the country's best interests at heart? Serious question.newy777 said:Bernie seems nice but deluded. Hillary is the ultimate evil and Trump has the best interests of the nation at heart but has problems with his manners. All have problems but there is only one that is competant. Interesting to read through the commentary..
Let's pick out one of your points. He said in April that he would end the debt in 8 years. Of course that means he has to end the deficit first. Can you please give me some rational ways he will be eliminating the debt in 8 years, without raising taxes and cutting SS benefits (his commitment). I'm open to ideas.0 -
The USDOL stays don't include children, but Hannity's oft quoted numbers do.newy777 said:
The labour force particpation rate only includes working age people and they have no reason to make it look so bad by including children and retired baby boomers. How do you not know that? You lost all credibilty bud.Look it up.You have clearly been brainwashed by the socialists. What exists now is crony capitalism which I am against. Things need to be more free market to allow a fair marketplace where everyone has equal opportunity and be rewarded for hard work. Socialism is when people rely on government and take no responsibilty for their life. This is a recipe for diaster. I do think there needs to be sensible safety nets but not ones that sentence the population to endeless suffering and dependance.rgambs said:
Just because Fox news said it, doesn't make it true.newy777 said:
He is pushing socialism in a country that simply can´t afford it. That is why I say delusional. It doesn´t take that much understanding of economics to understand socialism destroys countries. The population will be impoverished if the social agenda wins out. I see it looks enticing but it isn´t a workable solution in the biggest debtor nation in the world. In fact it is the opposite as prosperity of tomorrow will be brought forward to today. This is immorality at it´s core. I doubt 1% of the people have an clue what is going on. Personally I don´t like Trump and his ego makes me sick but he tells the truth and you know where he stands.He basically even said USA will default on it´s debt which is amazing coming from someone running for office. 19 trillion dollars in debt and the unfunded liabilities make it in the hundrends of trillion. Who pays this back?? How can the population afford it? It can´t.. War hungry Hillary is the one to worry about as it is more of the same elitist bullshit. The elitists have the people where they want them and like people to be dependant on their system. Bernie and Trump are anti establishment and putting up a fight. As I said Bernie seems nice and caring of the lower class but his policies are delusional. I understand why people like Bernie but if any of his supporters spent 10 min understanding the econmics of what he proposes then they will learn it´s frankly a bad joke. I certainly wouldn´t put my kids futures at jeopardy by voting in a socialist. There will be no middle class left. Hillary just means endless war and crony capitalism. The only one to really shake things up here is Trump and like him or no,t it is at least a step away from the failures of Bush, Clinton and lacklustre Obama that wasted 8 yrs and more than doubled the countries debt but still labor force particiaption is at a 40 yr low. Some big changes are coming but please don´t tell me I´m wrong about Sanders being delusional. You need to sharpen your pencil bud.Smellyman said:
This post seems nice but deluded.newy777 said:Bernie seems nice but deluded. Hillary is the ultimate evil and Trump has the best interests of the nation at heart but has problems with his manners. All have problems but there is only one that is competant. Interesting to read through the commentary..
Might be the funniest shit I have read in this thread. That is saying a lot.
Take your labor participation stat, that is a much bigger piece of misinformation than the official unemployment figure.
You do realize that little children and retired baby boomers are included in that stat that Hannity harps every day without making any distinctions.
Your broad condemnation of "socialism" is typical McCarthyism drivel, you ignore the democratic controls that keep it in check and I am sure you fail to acknowledge that socialistic principles and actions are the only thing that keep our economy afloat when the capitalists you adore wreck the economy and leave us in the gutter. FDR must be a figment of my imagination I guess...
The official stats are absolutely including agin g baby boomers, which have skewed the data in a number of ways. Pointing to labor force participation now, whenever nobody ever had anything to say about it before Obama, despite it being in decline since the 90s, is a dishonest tactic when you conveniently ignore record job growth and unemployment decreases.
Again, we don't have socialism here, we have a democracy with socialistic controls that keep the "free market" from imploding, as history has shown is an incontrovertible inevitability.
Bernie is trying to bring the opposing forces back into balance to end crony capitalism, which is another inevitability under your "free market".
The idea that Donald Trump would end crony capitalism is seriously laughable, this is the guy who openly admits to buying political influence in order to gain a competitive advantage in the market.
You are looking to a crony capitalist to solve the crony capitalism problem, and you think Sanders is deluded?Monkey Driven, Call this Living?0 -
Everybody wants a free market until they have to compete in one, then all the sudden they are drawing up non-compete clauses and spending money to influence politicians in their favor...
But anyways, back on Trump's short bus...
In San Diego he went on a long rant taunting the judge who will be presiding over a case involving his failed and fraudulent "university".
How much dumber can he get?
No drought in California either, according to the GOP nominee, how dumb is America?
DUMBER than you think!Post edited by rgambs onMonkey Driven, Call this Living?0 -
You americans need to convince Bernie to step down if you want to see him in a debate.
He has a very good point, "Why debate a person in second place"?
Hillary or Trump are your choices and you all know it.
As for this latest riot http://www.bbc.com/news/election-us-2016-36404323 from thugs he is right again "Fantastic job on handling the thugs who tried to disrupt our very peaceful and well attended rally0 -
Lol. Why debate a person in second place? Because of Bernie doesn't win, his supporters will literally be the ones to determine whether Hillary or Trump wins.With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata0
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^^^
There will be no Sanders supporters swayed over to trump when he bows out.
So why debate him?0 -
I wonder if Trump celebrates Memorial Day or if he prefers Veterans that don't die.0
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You know what is odd?
I don't think a male journalist would be allowed to write this http://www.telegraph.co.uk/news/2016/05/28/donald-trump-only-exists-because-hand-wringing-liberals-and-bull/
Donald Trump is right not to have time for total political correctness. The feminists might disapprove of what he says, but they should also be defending his right to say it.0 -
I don't think trump will win or that trump will make America great again. I also agree with an above poster about socialism destroying countries. It doesn't work. History has taught us that. In theory, it's supposed to. But when you add greed and corruption to socialism, it falls apart.
Hillary is the boring, safe pick (of the three). Not that that's any better. Again, I'll be voting for some schmuck named Gary johnson. Not really a personal vote, but a vote towards a third party getting a chance. 3 things that need to happen in order to get this country on track again:
1) term limits for every elected official from County council up to the Senate. Including changing the presidential term limit to 1, 6 year term. Almost 2 1/2 years are wasted on any 2 term president. The last 1.5 years of his first term on reelection. And the last year of his second term on lame duck status. So just roll with a 6 year term.
2) a hard capped campaign finance bill for every election. Pick a number. Let's say $25 million. That's all you are allowed to spend. From the primaries to the general election. This would help eliminate lobbyist buying off a candidate. If you blow $20 million on becoming the candidate, you only have $5 million left for the general. This would also eliminate super pacs. That money would be counted as part of their cap
3) Eliminate the party system all together. Run your campaign based on your own ideas and beliefs. Don't rely on a parties belief system. You raise your own money.
Post edited by Degeneratefk onwill myself to find a home, a home within myself
we will find a way, we will find our place0 -
I can't believe Trump is still pretending he wants to be president.0
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If you could read a graph you will see the labor force participation rate basically flat lined from 1990 to 2008. When Obama got in there was a steep decline in this rate so it´s not hard to see why it is a more quoted number these days. I can only partially blame Obama for this . It´s more the reckless actions of Alan Greenspan and Bush that destroyed the US economy. Think of all the money spent on meaningless war and Greenspans lowering of interest rates causing massive economic imbalances. Asset prices swelled as the uber wealthy had access to free money and caused a big housing bubble. Benanke and then Yellen have continued this reckless policy and now they are trapped and unable to raise rates meaningfully.In 2008 the market economy left to itself would have ridded the sins of the interventionist policies and admittedly caused alot of pain but the day of reckoning has been kicked down the road as they don´t want a disaster on their watch. The system reeks and is now in a worse position than ever and the worst part about this is that a deflationary event will hurt the rich most as regular folk don´t have the financial assets to lose. The super rich benefit from the free money ZIRP. The elite love the immoral system that exists today.I have nothing against rich people and they have obviously made good decisions to get where they are but it is the unfair system that I don´t like.Only a true capitalist system can let the big banks fail and wipe the slate clean which is inevitable anyway. Bernie is not the answer to the problems. Socialism doesn´t lead to a better standard of living. It impoverishes populations.We can see how capitism has shaped civilization in the world we know. Finally, even though a long shot I think Trump was truthful in bringing up the debt that needs restructuring ´default`.. I am sick of liars so I have to give credit where it is due.rgambs said:
The USDOL stays don't include children, but Hannity's oft quoted numbers do.newy777 said:
The labour force particpation rate only includes working age people and they have no reason to make it look so bad by including children and retired baby boomers. How do you not know that? You lost all credibilty bud.Look it up.You have clearly been brainwashed by the socialists. What exists now is crony capitalism which I am against. Things need to be more free market to allow a fair marketplace where everyone has equal opportunity and be rewarded for hard work. Socialism is when people rely on government and take no responsibilty for their life. This is a recipe for diaster. I do think there needs to be sensible safety nets but not ones that sentence the population to endeless suffering and dependance.rgambs said:
Just because Fox news said it, doesn't make it true.newy777 said:
He is pushing socialism in a country that simply can´t afford it. That is why I say delusional. It doesn´t take that much understanding of economics to understand socialism destroys countries. The population will be impoverished if the social agenda wins out. I see it looks enticing but it isn´t a workable solution in the biggest debtor nation in the world. In fact it is the opposite as prosperity of tomorrow will be brought forward to today. This is immorality at it´s core. I doubt 1% of the people have an clue what is going on. Personally I don´t like Trump and his ego makes me sick but he tells the truth and you know where he stands.He basically even said USA will default on it´s debt which is amazing coming from someone running for office. 19 trillion dollars in debt and the unfunded liabilities make it in the hundrends of trillion. Who pays this back?? How can the population afford it? It can´t.. War hungry Hillary is the one to worry about as it is more of the same elitist bullshit. The elitists have the people where they want them and like people to be dependant on their system. Bernie and Trump are anti establishment and putting up a fight. As I said Bernie seems nice and caring of the lower class but his policies are delusional. I understand why people like Bernie but if any of his supporters spent 10 min understanding the econmics of what he proposes then they will learn it´s frankly a bad joke. I certainly wouldn´t put my kids futures at jeopardy by voting in a socialist. There will be no middle class left. Hillary just means endless war and crony capitalism. The only one to really shake things up here is Trump and like him or no,t it is at least a step away from the failures of Bush, Clinton and lacklustre Obama that wasted 8 yrs and more than doubled the countries debt but still labor force particiaption is at a 40 yr low. Some big changes are coming but please don´t tell me I´m wrong about Sanders being delusional. You need to sharpen your pencil bud.Smellyman said:
This post seems nice but deluded.newy777 said:Bernie seems nice but deluded. Hillary is the ultimate evil and Trump has the best interests of the nation at heart but has problems with his manners. All have problems but there is only one that is competant. Interesting to read through the commentary..
Might be the funniest shit I have read in this thread. That is saying a lot.
Take your labor participation stat, that is a much bigger piece of misinformation than the official unemployment figure.
You do realize that little children and retired baby boomers are included in that stat that Hannity harps every day without making any distinctions.
Your broad condemnation of "socialism" is typical McCarthyism drivel, you ignore the democratic controls that keep it in check and I am sure you fail to acknowledge that socialistic principles and actions are the only thing that keep our economy afloat when the capitalists you adore wreck the economy and leave us in the gutter. FDR must be a figment of my imagination I guess...
The official stats are absolutely including agin g baby boomers, which have skewed the data in a number of ways. Pointing to labor force participation now, whenever nobody ever had anything to say about it before Obama, despite it being in decline since the 90s, is a dishonest tactic when you conveniently ignore record job growth and unemployment decreases.
Again, we don't have socialism here, we have a democracy with socialistic controls that keep the "free market" from imploding, as history has shown is an incontrovertible inevitability.
Bernie is trying to bring the opposing forces back into balance to end crony capitalism, which is another inevitability under your "free market".
The idea that Donald Trump would end crony capitalism is seriously laughable, this is the guy who openly admits to buying political influence in order to gain a competitive advantage in the market.
You are looking to a crony capitalist to solve the crony capitalism problem, and you think Sanders is deluded?0 -
^^It's an interesting post, but it's wrapped in economic theory (like socialism) that ignores the massive human suffering that is caused when true free market capitalism is allowed to play out. We only have to look at 1929 to see what happens when you have laissez-faire regulation and monetary policy. Worse, when Hoover tried to fix it with 'conservative' actions, unemployment didn't move an inch. Now everyone gives FDR credit, and that's fair to some extent. But let's not underestimate the value of a good war to drag you out of a depression. Mobilization is what got us out finally.
Regarding the work force, I'm not sure how it is you are saying that Obama immediately impacted the labor force participation right when he took office (or technically, before since he didn't take office until 2009). There are a confluence of things that came together at this time...effects of free trade, recession and let's not forget that Baby Boomers turned 60-63 years old in 2008. That is a huge factor in the drain on our social services too.
0 -
The market economy is the made up of natural processes in human behaviour. Capitalism can´t be compared to socialism as socialism can only exist partly in the capitalist system. The free market is efficient,for example,the best product gets sold at the best price.This in turn sparks entrepreneurism and competition leading to a higher standard of living. Consumers decide in this system if a company will prosper or fail so this encourages hard work and morality flourishes in this environment. When governments get too involved with this naturally occurring system , ineffiencies arise and quite often crony capitalism flourishes. Now with socialism,I have big concerns about the mindset of people who are dependant on government to intervene on their behalf, as they will be a victim of a system promoting detrimental policies to their own unknowing. You have probably heard socialism being called communist light. Freedom is at stake. The most interesting thing about capitalism to me is that people are obliged to dedicate their means to satisfying the consumer to the best they can. This is the fabric of a prosperous society. Nothing is static and everyone has a chance to excel at their own abilities to make the world a better place.mrussel1 said:^^It's an interesting post, but it's wrapped in economic theory (like socialism) that ignores the massive human suffering that is caused when true free market capitalism is allowed to play out. We only have to look at 1929 to see what happens when you have laissez-faire regulation and monetary policy. Worse, when Hoover tried to fix it with 'conservative' actions, unemployment didn't move an inch. Now everyone gives FDR credit, and that's fair to some extent. But let's not underestimate the value of a good war to drag you out of a depression. Mobilization is what got us out finally.
Regarding the work force, I'm not sure how it is you are saying that Obama immediately impacted the labor force participation right when he took office (or technically, before since he didn't take office until 2009). There are a confluence of things that came together at this time...effects of free trade, recession and let's not forget that Baby Boomers turned 60-63 years old in 2008. That is a huge factor in the drain on our social services too.
Regarding LFP there was indeed a confluence of events happening or which led to this labor force participation rate to decline at this point in time. My criticism is what he has done to fix it after the decline. There have been no fiscal policy to impact this positively. I feel the FED is too politicized too. Their mandate shouldn´t extend to propping up markets and their desire to cause the wealth effect. This has been a major factor in causing the inequality we see today.
I concede that the free market do need some constraints but not to the level of how it is today. Today there is no room for the little guy to compete with big corporations due to the bought and sold Hillary´s of the world.
Regarding the baby boomers, the promises made in the past can´t be made good. It is mathematically impossible. http://www.cato.org/publications/commentary/medicare-social-security-tabs-coming-due
I´m not an american but care very much for humanity. The world needs a new course and its at least health to discuss these important issues..0 -
^^^
How does this relate to Trump?0 -
My comparison between the two is around the fact that the virtues or ultimate utopia of unfettered capitalism, socialism, communism...any 'ism', exists only in the theoretical, because that's not corrupted by human behavior, as you point out. So corruption occurs with our without regulation simply because we have a government, and a gov't has to tax, it has to buy products, etc. Corruption has always existed in the United States. In fact, as I've argued here many times before, we have far more transparency in our government today than we've EVER had in our history.newy777 said:
The market economy is the made up of natural processes in human behaviour. Capitalism can´t be compared to socialism as socialism can only exist partly in the capitalist system. The free market is efficient,for example,the best product gets sold at the best price.This in turn sparks entrepreneurism and competition leading to a higher standard of living. Consumers decide in this system if a company will prosper or fail so this encourages hard work and morality flourishes in this environment. When governments get too involved with this naturally occurring system , ineffiencies arise and quite often crony capitalism flourishes. Now with socialism,I have big concerns about the mindset of people who are dependant on government to intervene on their behalf, as they will be a victim of a system promoting detrimental policies to their own unknowing. You have probably heard socialism being called communist light. Freedom is at stake. The most interesting thing about capitalism to me is that people are obliged to dedicate their means to satisfying the consumer to the best they can. This is the fabric of a prosperous society. Nothing is static and everyone has a chance to excel at their own abilities to make the world a better place.mrussel1 said:^^It's an interesting post, but it's wrapped in economic theory (like socialism) that ignores the massive human suffering that is caused when true free market capitalism is allowed to play out. We only have to look at 1929 to see what happens when you have laissez-faire regulation and monetary policy. Worse, when Hoover tried to fix it with 'conservative' actions, unemployment didn't move an inch. Now everyone gives FDR credit, and that's fair to some extent. But let's not underestimate the value of a good war to drag you out of a depression. Mobilization is what got us out finally.
Regarding the work force, I'm not sure how it is you are saying that Obama immediately impacted the labor force participation right when he took office (or technically, before since he didn't take office until 2009). There are a confluence of things that came together at this time...effects of free trade, recession and let's not forget that Baby Boomers turned 60-63 years old in 2008. That is a huge factor in the drain on our social services too.
Regarding LFP there was indeed a confluence of events happening or which led to this labor force participation rate to decline at this point in time. My criticism is what he has done to fix it after the decline. There have been no fiscal policy to impact this positively. I feel the FED is too politicized too. Their mandate shouldn´t extend to propping up markets and their desire to cause the wealth effect. This has been a major factor in causing the inequality we see today.
I concede that the free market do need some constraints but not to the level of how it is today. Today there is no room for the little guy to compete with big corporations due to the bought and sold Hillary´s of the world.
Regarding the baby boomers, the promises made in the past can´t be made good. It is mathematically impossible. http://www.cato.org/publications/commentary/medicare-social-security-tabs-coming-due
I´m not an american but care very much for humanity. The world needs a new course and its at least health to discuss these important issues..
Regarding your criticism of the Fed, I believe you are taking a far too negative view on the purpose behind the monetary policy. It certainly can prop up weak markets, but that's not to create a wealth effect for the uber rich. It was to create a soft landing for the economy back in 2008 along with the stimulus. You're right that between QE, 0% discount rates, government spending and other artificial incentives, the Fed has been very active and interfered with pure capitalism. But would it really be better to have let everything crash, burn the banks down, let unemployment spike to 15% and then restart? That's what happened in '29 and that didn't work. Along with that, I will never buy into the argument that we should have let GM go down either. To me, that's worshiping at the alter of pure capitalism rather than using the virtues of capitalism to create policy that does the most for the most people.0
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- 2.9K Technical Stuff and Help