Progressive Economics = Poverty

Discussion in 'Economy' started by CrusaderFrank, Jan 1, 2012.

  1. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    89,733
    Thanks Received:
    16,385
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +49,595
    In case you haven't noticed, there is a 100% economic fail rate in Progressive, re-distributive economics. It has failed everywhere its been tried, it has failed every single time its been tried. It's such an abject failure that even real Communists in China and Vietnam have recognized it as such and have openly embraced Free Markets as a path to prosperity.

    I came across the following chart that clearly shows how Progressive (Socialist, Marxist) economics fails even in America. Since the "War on Poverty" (the exit strategy seems to be: we won't stop fighting until every American is in poverty). You can clearly see how destructive Progressive economics is. The only respite was during the Reagan boom and then, we had the misfortune to elect a "Compassionate Conservative" who blew the best chance to turn us away from the destructive path Progressive have put us on.

    [​IMG]

    http://coyoteprime-runningcauseican.../porter-stansberry-corruption-of-america.html

    Thoughts? Comments?
     
    • Thank You! Thank You! x 3
    Last edited: Jan 1, 2012
  2. LoneLaugher
    Offline

    LoneLaugher Diamond Member

    Joined:
    Oct 3, 2011
    Messages:
    49,668
    Thanks Received:
    6,920
    Trophy Points:
    1,840
    Location:
    Inside Mac's Head
    Ratings:
    +20,831
    The chart proves nothing. This theory of yours would not get a passing grade in a 10th grade economics class.
     
  3. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,224
    Trophy Points:
    0
    Ratings:
    +2,243
    Porter Stansberry - Wikipedia, the free encyclopedia


    Frank Porter Stansberry, is an American conservative subscription-based investment advisor and the creator of the 2011 online video and infomercial titled "End of America" (77 min).[1] Commercials advertising Stansberry's "End of America" video and website (with narration by radio host Alex Jones) have been featured on an array of U.S. media outlets.
     
  4. Billy000
    Offline

    Billy000 Democratic Socialist

    Joined:
    Nov 10, 2011
    Messages:
    14,565
    Thanks Received:
    1,613
    Trophy Points:
    290
    Location:
    Colorado
    Ratings:
    +7,160
    This graph is no indication of "progessive economics". As you can see, during the Bush years GDP was still in the decline.

    But yes, you are right - socialism and communism do not work.
     
  5. JakeStarkey
    Offline

    JakeStarkey Diamond Member Supporting Member

    Joined:
    Aug 10, 2009
    Messages:
    156,646
    Thanks Received:
    14,094
    Trophy Points:
    2,165
    Ratings:
    +44,463
    Guns and butter from 1970 hurt purchasing power of the middle class. The weaknesses of the Reagan era were repaired during the Clinton era, then the Bushies collapsed the whole system.

    You are going to have a hard time convincing liberals and conservatives that you have the slightest idea of what you mean, kiddo.
     
  6. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    89,733
    Thanks Received:
    16,385
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +49,595
    4 comments, one stupider than the last, none of whom even looked at the chart or understood if if they did.
     
  7. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    89,733
    Thanks Received:
    16,385
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +49,595
    The chart. Did you look at the chart?
     
  8. JakeStarkey
    Offline

    JakeStarkey Diamond Member Supporting Member

    Joined:
    Aug 10, 2009
    Messages:
    156,646
    Thanks Received:
    14,094
    Trophy Points:
    2,165
    Ratings:
    +44,463
    The chart quite clearly demonstates the opposite of what CrusaderFrank is suggesting. What's new?
     
  9. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    89,733
    Thanks Received:
    16,385
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +49,595
    Reagan Presidency started in 1981, Dear. Did you see what happened during his tenure and as long as we kept a lid on Gubbamint spending that ended when Dubya became President?
     
  10. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    89,733
    Thanks Received:
    16,385
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +49,595
    Dumb=mc^2

    Do you even know what a chart is?
     

Share This Page