What controls the economy.

Discussion in 'Economy' started by LilOlLady, Jan 5, 2012.

  1. LilOlLady
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    LilOlLady Gold Member

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    WHAT CONTROLS THE ECONOMY.

    Whirlpool, General Motors, etc moves to Mexico, etc. hires cheap Mexican’s labor that puts money into Mexico’s economy and sell those products to Americans through Wal-Mart, Sear, Best Buy, etc. and car dealers, etc. This move puts Americans out of jobs and causing rise in unemployment.

    Who controls the economy? Businesses that move to foreign countries. U.S. Government that give businesses tax breaks and do not punish them with taxes or tariffs. Americans consumers that buy these foreign made products. From Wal-Mart, Best Buy, Sears, 89 cent stores, General Motors, etc.

    Businesses that leave the country, U.S. Government and American consumers are the blame for failing U.S. economy. If businesses that leave the country are not punished by U.S. Government then U.S. consumers have to stop buying foreign made products. Those businesses that leave will either come back or go out of business.

    When businesses move out of the country they take jobs with them and that takes money out of the hands of U.S. consumers and put those businesses that do not move out of business because they cannot compete. How many businesses did Wal-Mart put out of businesses?

    Obama alone does not control the economy. If congress do not let him tax businesses. Failing economy is a Congress caused problem.
     
  2. WatertheTree
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    WatertheTree Senior Member

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    Well now that we agree we have a problem, whats your solution libby? My guess you have none except 'praise Obama' well, your socialist dictator cant run on hope and change agian this time around.

    A guy named Ron Paul has a plan to fix the economy. Anyone else?? Anyone? Hello? Anyone there?
     
  3. DaGoose
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    DaGoose Gold Member

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    If you ask the neo-cons the answers will change depending on the scenario......

    Dem POTUS and good economy: POTUS has nothing to do with it (or it goes back to a GOP POTUS).
    Dem POTUS and bad economy: It's all the fault of the POTUS

    GOP POTUS and good economy: It's all because of the POTUS
    GOP POTUS and bad economy: POTUS has nothing to do with it (or it all goes back to a Dem POTUS).


    There are the things you always want to keep in mind when talking to neo-cons about the effect the POTUS has on the economy.

    .
     
  4. Dr.Drock
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    Dr.Drock Senior Member

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    The Fed controls the economy more than anything else, but there's no partisan argument that can be made with that so the media and the parties and their followers don't like that answer.
     
  5. Meister
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    Meister Platinum Member Supporting Member

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    Clinton got praise from both sides for the economy, Goose.
    Yes, a president can make a difference with the economy through his policies, there is no doubt about that. Cap and Trade can force businesses to fold and also increase costs considerably, just one example
     
  6. Oldstyle
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    Oldstyle Gold Member

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    Why do you think raising taxes on businesses is going to help keep more of them here? I think what you REALLY want is a tariff on goods being imported to the US to try and level the playing field. Before we do that however you might want to check out the possible ramifications of imposing tariffs...I would suggest reading up on the Smoot-Hawley Tariff imposed back in 1929 and it's contribution to the Great Depression.
     
  7. DSGE
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    DSGE VIP Member

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    There aren't finitely many jobs. It's not like if a factory fires 10 people and moves then total employment permanently falls by 10 jobs. For as long as people continue to want things there will continue to be jobs for everybody. The reason we have so much unemployment now is that nominal spending isn't where it should be. The Fed is at fault for allowing it to fall 10 percent below trend.

    Lucky the Fed can just increase the amount of money in the economy.
     
  8. LilOlLady
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    LilOlLady Gold Member

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    Are you not listening? or just deaf, blind and dumb?
    Ron Paul is a radical right wing nut. Hello?:cuckoo:
     
  9. LilOlLady
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    LilOlLady Gold Member

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    Obama could fix the economy if RRWE would stop setting up road blocks.
    Obama is doing quite well inspite of them and running on hope and change.:eusa_whistle::eusa_hand:
    And it is really giving the right wings a big booty itch.
     
  10. Oldstyle
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    Oldstyle Gold Member

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    With all due respect, Lil? Obama didn't have a plan to fix the economy when he had Super Majorities in the House and Senate...what makes you think he has one now?

    There is a reason why Larry Summers and Christina Romer quit their jobs as Obama economic advisors and ran back to their teaching jobs. That trillion dollar Keynesian stimulus they tried didn't work. It propped up some unemployment numbers for a bit and kept people out of work mollified by extending their benefits but it didn't FIX anything. Summers and Romer knew enough to get while the getting was good. Now we're left with Geithner and Goolsby and neither of them has a clue or a fix. This whole "blame the GOP" thing is just an excuse they hope enough of the country will buy to get Obama reelected again.

    The problem is...if he DOES get reelected? What then? The guy ran out of ideas how to fix the economy a year into his first term. What exactly is it you think he's going to pull out of a hat for the next FOUR?
     

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