Even all powerful cannot fix the economy

Discussion in 'Clean Debate Zone' started by Luddly Neddite, Sep 15, 2012.

  1. Luddly Neddite
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    Luddly Neddite Diamond Member

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  2. Mr. H.
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    Mr. H. Diamond Member

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    Nor does it matter which party WAS in the White House?
     
  3. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    Looks to me like the Senate is going to be evenly divided, no matter who is president it will be tough to get major legislation passed. I think the sluggish economy will continue with the eventual recession occurring; my guess it happens during the next 4 years no matter who wins in november.
     
  4. Luddly Neddite
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    Luddly Neddite Diamond Member

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    It appears that it does matter because it sure as hell wasn't Clinton who was throwing away 750 THOUSAND jobs every month and it wasn't while Clinton was in office that we lost 40 THOUSAND factories. And, it hasn't been the R who have added jobs every single month for more than two years.

    =============

    Be that as it may, I don't believe that is or should be the point of the thread.

    Stop looking to blame for just a little while. Watch and listen to the link.

    What I suspect is that we will or already have, come to a point where we simply cannot add enough jobs to employ everyone who is currently unemployed and/or getting out of high school, college, trade school, etc.

    This experiment tends to bear that out.

    If this is true, and even if it is not, we really MUST not allow Kochs and others to sell us out to foreign interests. We really MUST not allow our country to become one giant WalMart.

    If we don't act against the current trend, we will become nothing more than a bedroom community for China. THAT is what the likes of Adelman and Murdoch have been working for.
     
  5. whitehall
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    whitehall Gold Member

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    Where does the radical left stand on the economy? For the last two years we have been hearing that corporations and banks are evil capitalist institutions and then all of a sudden when the election is drawing close it seems that corporations aren't so bad. It is it all smoke and mirrors to the left? Where do they stand? If we took away the party designation, which man would you seriously support...the former community activist with the mysterious past and association with a domestic terrorist who never had a real job that wasn't financed by an endowment fund or taxpayers....or a successful businessman who met payrolls and was responsible for a budget and knows how to deal with the economy?
     
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  6. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    It's hard to fix ANYTHING if you don't correctly assess WHY it's broken.. And the MAJORITY of politicians and journalists are wrong about the cause. Including this cute but simplistic NPR piece in the OP.

    The economy has had a massive STRUCTURAL shift from the production of goods to a service economy. You do not STIMULATE a service based economy by handing out money and tax breaks. All this does is increase the wealth gap as Chinese factories hire the workers and large US multi-nationals pocket the profits. You also don't buck up a shrinking middle class with MORE regulation that favors the huge corporations and punishes new innovative ventures and product invention.

    It's gonna take NEW economics to realize that world is Global and that the honor of HAVING a middle class is based not on CONSUMPTION of existing products -- but on constant innovation and creation of NEW ones. And I fear that our most influential leaders are still relying on textbooks from the FDR era and we are wasting valuable time arguing over stuff that largely doesn't matter any more..
     
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  7. Vituperative
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    The blame doesnt stand on one single president or political party. Republicans and Democrats have contributed with their wasteful and useless government programs and bureucracies that we can't afford.
     
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  8. The Rabbi
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    The Rabbi Diamond Member

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    This all reminds me of the Jimmy Carter era when we were promised the American Age was over.
    It was nonsense then, it's nonsense now.
    The issue is a strangling regulatory and tax culture, along with a predatory legal system, that discourages innovation and success and rewards inefficiency. While some past administrations have pursued policies that led to that to one degree or another, none of them match the present administration for sheer volume and one sidedness.
    Get rid of that crap and the economy will expand. It doesnt need government management, it needs less gov't micro management.
     
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  9. daphillenium
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    Actually I still think corporations and banks are greedy bastards ;)

    But I like another post on here that talks about how we need to stop arguing over the dumb stuff so we can actually accomplish something!
     
  10. The Rabbi
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    Do you know a business whose managers are not greedy bastards?
     

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