Discussion in 'Economy' started by Kevin_Kennedy, Mar 24, 2009.
Capitalism is alive and well whenever having the capital means the powerful will win every battle.
When capital isn't enough, then we find we have (as in live in) something else....like NOW for example.
Not dead, just on a real serious death bed situation in a slight Coma, still alive though.The Economic
doctors, can still save the patient, with a cash Blood and guts tranfusion of about 50 Trillion U.S. Dollars.
Stay tuned for more reports.
Spending and inflating will not save the economy, it will only make things worse.
We need massive protectionism to restore the ability of the consumer.
That's exactly what we don't need.
protectionism to restore the ability of the consumer? You're joking, right?
How do tariffs help the consumer? When we're all forced to buy crappy American products because their higher quality foreign counterparts are now too expensive, how does the consumer win?
By paying 10x more for wheat, we're really doing the american economy a great service, duh!
I love how protectionists wish to do the same harm to their country that their bitter enemies wish. Imagine if you were Iranian, and you had protectionists in your country clamoring for a trade barrier, the U.S. trade embargo would be the best thing ever, right? Sadly, it only causes harm when you disturb trade.
No it won't. The economy must reset and then real savings must begin before we will see a true turnaround. The problem I have with true capitalism is that all too often it is only concerned with immediate profits. We need to find promote long term financial health for these companies while maintaining their independence from too much regulation. It's not an easy task.
This nation became great under protectionism, folks.
You can wriggle all you want and smoot hartley at me till you're blue in the face, but facts are stubborn things.
Free trade has been disasterous for this nation overall.
Some samll percentage of us benefit tremendously, of course, while the rest of the nation's people including their state federal and local governments are going bankrupt because of it.
Separate names with a comma.