Fundamentals ?

Discussion in 'Economy' started by neurosport, May 5, 2009.

  1. neurosport
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    neurosport BANNED

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    McCain once said "the fundamentals of our economy are still strong"

    he then said by "fundamentals" he meant American people ...

    so what are the REAL "fundamentals" of the economy ?

    i know some of you morons think Dow Jones average is one. some ( Chris ) think that housing sales are one.

    i want to hear more stupidity from you ! what are the fundamentals ?

    how do YOU know the economy has a bright future ?
     
    Last edited: May 6, 2009
  2. hipeter924
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    hipeter924 Not a zombie yet

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    Well from an outsider perspective I can say a few things about what needs to be fixed:

    1. The Healthcare system and the Education system are the no1 flaws of the US economy...this does not mean I support the socialist knock out plan put forward by Obama...but that the infrastructure in it is in crisis. I would think the way to solve the education system is to get employers to pour some cash into both...if they want educated graduates for their companies...doesn't it make sense they should help pay for it? As for healthcare...I have no idea.

    2. Bureaucracy has to be cut to make the government more efficient and more effective...it should be quality over quantity. If you just cut out what you don't need like the top management I would see a massive amount of money being released for defence, education and healthcare without having to raise tax or blow out massive deficits.

    Why I think the economy could have a bright future? I don't like Obama, he is a socialist that doesn't know what he is doing. But the good side of it is that he will bring out new ideas on both the Republican and Democrat sides about how to deal with the economy. This is why the economy has a bright future.

    Now Obama may be a hard case for Republicans but at least he is prepared to listen...if the government just buckles down and looks over itself maybe by the time Obama's reign is over everyone will know the way forward. But I don't think there will be an economic recovery till Obama is out of office. ;)
     
  3. JBeukema
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    The economy has gotten ever weaker ever since the big-fed programs of post-WW2

    think about it, it used to be a man w/ a high school education could make enough via physical labor to support his family

    now, women have to work just so manny families can scrape by

    real wealth of the average american has declined as the dollar has been devalued

    America is no longer the breadbasket of the world or a leading industrial power

    we are dependent on foreign (Muslim) oil for our survival....

    it's a long, slow death
     
  4. editec
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    editec Mr. Forgot-it-All

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    Yeah...that's because McCain is a pampered idiot who never had to live in the economy most of us live in...he and his family are of the American military officer caste



    Yes he did. But he spoke not having a clue what the American people were dealing with.

    Same as every other economy...enough people making enough wealth to sustain their own lives.

    Ye, Chris...they are morons, I quite agree.

    They think, I guess, one needs a degree in economics to really know.

    It's a faith based thing.
     
  5. Toro
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    Toro Diamond Member

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    Nothing has changed in the fundamental characteristics of the American economy.

    Economic growth is a function of productivity growth and population growth, but primarily the first one. Nothing has changed to suggest that Americans won't keep innovating and working.
     
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  6. auditor0007
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    auditor0007 Gold Member

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    I'm only going to address one issue here, that of women needing to work just so families can scrape by. That is actually not true. Things changed when women began going to work en masse. All of a sudden, a family needed a second car. Of course, with the woman working, nobody wants to come home from work, cook and clean up after dinner, so people began eating out more frequently. Of course, with women working, they needed better clothes, and they no longer had time to sew and fix old clothes or make their own. Then of course, with kids, they needed daycare. The list goes on and on and on.

    Had women never entered the workforce as they did, and stayed at home raising the kids, families could still make it today on one income. Of course, society has changed, and women want more than just to stay at home making and raising babies. BTW, I am not making an argument here that women should have stayed home to begin with. I'm just pointing out that the choice for women to go to work changed the way we live our lives, and the new way costs a lot more money.
     
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  7. neurosport
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    yes, productivity.

    our productivity i am sure is much lower than that of Japanese yet we expect to enjoy higher living standards.

    we cannot realistically expect to live better than the Japanese. Japanese are better at everything than we are. we can realistically expect to enjoy HALF of their living standard. everything beyond that is A BUBBLE.

    the only way our productivity is going to rise is if we get rid of the government jobs, welfare, unions, all kinds of social-security type programs and release from prisons people who are there for non-violent crimes like smoking weed or having sex ( don't ask me why those are crimes, i am not a conservative )

    if we do THAT then at best we will be able to hang in there with Japan and Germany. but we can't expect to be BEATING them. that was only a matter of them taking our green backed toilet paper.

    it has to make it to your heads somehow that we Americans are not made of any kind of special meat. there is no reason why we should continue to live like Gods forever while the rest of the world is broke.

    in Germany people don't drive automatic transmission because they can't afford to. in America people don't even know how to drive manual. funny because people drive German cars all over the world and nobody wants to drive American cars even in America. Does it seem fair ?

    stop whining like little babies. we have it too good. we are the fattest nation in history.
     
    Last edited: May 6, 2009
  8. neurosport
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    you failed to answer the question.

    however i can tell you how education system can be easily fixed - IT HAS TO BE GOTTEN RID OF !

    give the money to the kids. let them spend it on education any way they like - even if it means studying overseas.

    the government has no business "educating" anybody. the government is the one that needs education. in the old times governments were educated using a guillotine.

    but that was before governments got into the business of "educating" people. as soon as the governments got a hold of education revolutions stopped. that's because people are now completely brainwashed since childhood by their teachers.

    wake up and smell the coffee !
     
  9. JBeukema
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    2 possibilities:
    (A) Your model is flawed
    (B) Women destroyed the economy by betraying their families and choosing a course of action harmful to themselves, their families, and their country
     
  10. auditor0007
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    How is it flawed? And how did women destroy the economy? They changed it along with the way we live our lives. But that does not equate to destroying it. The truth is if a family chooses to live the same type of life that most lived during the 50's, where the woman stayed at home raising the kids, and the family only had one car, and everyone didn't want every single toy available, then a family most likely could make it if the husband had a job paying a reasonable wage. Depending upon where one lives, many could make it on $30,000 to $40,000 per year.
     

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