Progressive Economics = Poverty

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

  1. CrusaderFrank
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    CrusaderFrank Diamond Member

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    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?
     
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    Last edited: Jan 1, 2012
  2. LoneLaugher
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    LoneLaugher Diamond Member

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    The chart proves nothing. This theory of yours would not get a passing grade in a 10th grade economics class.
     
  3. Truthmatters
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    Truthmatters BANNED

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    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
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    Billy000 Democratic Socialist

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    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
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    JakeStarkey Diamond Member Supporting Member

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    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
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    CrusaderFrank Diamond Member

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    4 comments, one stupider than the last, none of whom even looked at the chart or understood if if they did.
     
  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    The chart. Did you look at the chart?
     
  8. JakeStarkey
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    JakeStarkey Diamond Member Supporting Member

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    The chart quite clearly demonstates the opposite of what CrusaderFrank is suggesting. What's new?
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    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
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    CrusaderFrank Diamond Member

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    Dumb=mc^2

    Do you even know what a chart is?
     

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