Progressive Economics = Poverty

[007]

The Failure of Communism and Socialism.

 

[Mr. Shaman]

In case you haven't noticed, there is a 100% economic fail rate in Progressive, re-distributive economics.

1993 Deficit Reduction​

"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."

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[JakeStarkey]

Whenever I need a moment of lightness and comedy, I read CrusaderFrank.

 

[Mr. Shaman]

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

.....Especially when Progressives have....

.....PRECEDENCE ON THEIR SIDE!!!!

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[Mr. Shaman]

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.

Great Job!!!!!

FIRST PLACE

Whuppin' "conservative"-Ass​

 

[Mr. Shaman]

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.

The chart. Did you look at the chart?

"Thee chart. Thee chart. Did you look at thee chart?"

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[Dragon]

See, this is only a new, visual version of an old argument of the right. They love to consider the Carter years. If they're slightly closer to honest, they'll acknowledge that it wasn't just Carter but that the slide began in Nixon's second term.

But here's the thing. The economic policies of Jimmy Carter, and of Ford and of Nixon's second term, were essentially the SAME policies as those of Truman, Eisenhower, Kennedy, Johnson, and Nixon's first term, under which we had the greatest prosperity the nation has ever seen. So if the policies of Nixon2/Ford/Carter caused the economic problems if the late '70s, how is it that those same policies caused the amazing prosperity of the '40s, '50s, '60s, and early '70s?

There's also a tendency to forget what happened when Reagan took office and changed the government's economic philosophy: the worst recession in our history between 1929 and 2008. Reagan almost didn't get reelected as a result. What saved his bacon?

We had ten bad years, from 1973 until 1983. Take a look at this graph to see what dovetailed with those ten bad years EXACTLY:

http://www.wtrg.com/oil_graphs/oilprice1947.gif

See that bump in the middle of the graph? That's right: starting with the OPEC oil embargo of 1973, and going until 1983, we had catastrophically high oil prices.

Carter was the victim, and Reagan the beneficiary, of the luck of timing. There's really nothing more to it than that.

 

[paulitician]

Socialism/Communism just doesn't work. The only equality it ever acheives is a massive equally poor Citizenry. Third World Misery. And that's where we're headed unless change comes.

 

[Dragon]

Socialism/Communism just doesn't work

Define these terms, please.

You are either saying something false, or something irrelevant, depending on what you mean by them.

 

[paulitician]

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." - Winston Churchill

Sound familiar? Look around you. What's going on in our country today? We should start listening to Winston Churchill.

 

[kiwiman127]

Well, the wealthy are doing extremely well, that's a fact! They have no misery.

 

[paulitician]

"The pessimist sees the difficulty in every opportunity; An optimist sees the opportunity in every difficulty." - Winston Churchill

 

[The T]

One thing missing from the title here...

Progressive Economics = Poverty =Total Control By Government

 

[kiwiman127]

One thing missing from the title here...

Progressive Economics = Poverty =Total Control By Government

Let's see. Lowest taxes on corporations with enough loopholes to lower taxes down to near nothing. Lowest taxes on the wealthy in history. Capital Gains taxes the lowest in history. So much for progressive ecomonics.

Yet, flat wages for thirty years. A record low of the National Income for working Americans. Between 2000-2010 almost as many jobs shipped offshore as created domestically.

During those thirty years, 20 years of conservative administrations, 14 years of conservative rule of Congress. So much for progressive government control.

Regarding "poverty". There is plenty of blame to go around, both by conservatives and liberals and let's not forget how much wealth transferred up wards and who exactly lost their wealth.

 

[Dragon]

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." - Winston Churchill

Sound familiar? Look around you. What's going on in our country today? We should start listening to Winston Churchill.

Define the term "socialism," please. When you imply that socialism is the direction we are going, in reference to that quote from Churchill, you are either saying something false or something irrelevant, depending on what you mean by the term.

 

[Oddball]

Socialism/Communism just doesn't work

They do too!!...We just need the right socialists and communists running the show!!

 

[Oddball]

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." - Winston Churchill

Sound familiar? Look around you. What's going on in our country today? We should start listening to Winston Churchill.

Define the term "socialism," please. When you imply that socialism is the direction we are going, in reference to that quote from Churchill, you are either saying something false or something irrelevant, depending on what you mean by the term.

Oh, look!....It's Cleopatra!!

 

[The T]

One thing missing from the title here...

Progressive Economics = Poverty =Total Control By Government

Let's see. Lowest taxes on corporations with enough loopholes to lower taxes down to near nothing. Lowest taxes on the wealthy in history. Capital Gains taxes the lowest in history. So much for progressive ecomonics.

Yet, flat wages for thirty years. A record low of the National Income for working Americans. Between 2000-2010 almost as many jobs shipped offshore as created domestically.

During those thirty years, 20 years of conservative administrations, 14 years of conservative rule of Congress. So much for progressive government control.

Regarding "poverty". There is plenty of blame to go around, both by conservatives and liberals and let's not forget how much wealth transferred up wards and who exactly lost their wealth.

Government needs to get out of the way regardless.

 

[kiwiman127]

The Founding Fathers envisioned government involvement with commerce.

'The general view, discernible in contemporaneous literature, was that the responsibility of government should involve enough surveillance over the enterprise system to ensure the social usefulness of all economic activity. It is quite proper, said Bordley, for individuals to “choose for themselves” how they will apply their labor and their intelligence in production. But it does not follow from this that “legislators and men of influence” are freed from all responsibility for giving direction to the course of national economic development. They must, for instance, discountenance the production of unnecessary commodities of luxury when common sense indicates the need for food and other essentials. Lawmakers can fulfill their functions properly only when they “become benefactors to the publick”; in new countries they must safeguard agriculture and commerce, encourage immigration, and promote manufactures. Admittedly, liberty “is one of the most important blessings which men possess,” but the idea that liberty is synonymous with complete freedom from restraint “is a most unwise, mistaken apprehension.” True liberty demands a system of legislation that will lead all members of society “to unite their exertions” for the public welfare. It should therefore be the policy of government to aid and foster certain activities or kinds of business that strengthen a nation, even as it should be the duty of government to repress “those fashions, habits, and practices, which tend to weaken, impoverish, and corrupt the people.”

From; Johnson, E.A.J.-The Foundations of American Economic Freedom: Government and Enterprise in the Age of Washington

 

[EdwardBaiamonte]

The Founding Fathers envisioned government involvement with commerce.

'The general view, discernible in contemporaneous literature, was that the responsibility of government should involve enough surveillance over the enterprise system to ensure the social usefulness of all economic activity. It is quite proper, said Bordley, for individuals to “choose for themselves” how they will apply their labor and their intelligence in production. But it does not follow from this that “legislators and men of influence” are freed from all responsibility for giving direction to the course of national economic development. They must, for instance, discountenance the production of unnecessary commodities of luxury when common sense indicates the need for food and other essentials. Lawmakers can fulfill their functions properly only when they “become benefactors to the publick”; in new countries they must safeguard agriculture and commerce, encourage immigration, and promote manufactures. Admittedly, liberty “is one of the most important blessings which men possess,” but the idea that liberty is synonymous with complete freedom from restraint “is a most unwise, mistaken apprehension.” True liberty demands a system of legislation that will lead all members of society “to unite their exertions” for the public welfare. It should therefore be the policy of government to aid and foster certain activities or kinds of business that strengthen a nation, even as it should be the duty of government to repress “those fashions, habits, and practices, which tend to weaken, impoverish, and corrupt the people.”

From; Johnson, E.A.J.-The Foundations of American Economic Freedom: Government and Enterprise in the Age of Washington

Actually the economic system at the founding was capitalist. The commerce clause was designed to encourage it by promoting free trade among the states which had broken down under the Articles. There was nothing in their writings or in the actions after their Constitution was adopted to suggested otherwise. Our founders were not socialists.



"Having examined every appearance of the word "commerce" in the records of the Constitutional Convention, the ratification debates, and the Federalist Papers, Professor Barnett finds no surviving example of this term being used in this broader sense. In every appearance where the context suggests a specific usage, the narrow meaning is always employed. "