Whats the problem with the US Economy

[CrusaderFrank]

Pick one. Dazzle us with your insight

 

[Procrustes Stretched]

Did you know like Romney in the 2012 Presidential Loser Election, when America stayed Blue, the Good Ship Wingnut has taken hold of the economic argument that is a loser for them? Yep, they ran out of ammo and have now resorted to plastic mallets and water pistols.

Oh yeah, they have talking points now...taxing the Super Wealthy will not settle the debt (not that anyone actually says it will) and other imbecilic straw man arguments

 

[Procrustes Stretched]

The problem with the economy is conservative economic theories of the past...they were put into practice and the chickens have come home to roost

 

[Procrustes Stretched]

gotta love it. I was just told by a friend to search the phrase...seems they had recently.


chickens come home to roost
if you say that chickens are coming home to roost, you mean that bad or silly things done in the past are beginning to cause problems

ex: There was too much greed in the past, and now the chickens are coming home to roost with crime and corruption soaring.

chickens come home to roost - Idioms - by the Free Dictionary, Thesaurus and Encyclopedia.

Dante has the very best friends.

 

[TheGreatGatsby]

I assume that bank ATMs is a euphemism for Obama.

 

[EdwardBaiamonte]

The problem with the economy is conservative economic theories of the past...they were put into practice and the chickens have come home to roost

Which of Friedmans theories do you have in mind? and why????

Please tell us or admit to being a low IQ liberal

 

[Meathead]

Please tell us or admit to being a low IQ liberal

That's a bit redundant, isn't it?

 

[ScienceRocks]

Too much red tape,
Too much spending on other countries and none on ours.
Spending into thin air
Rewarding failure
Our educational system is fucekd up under unions.

 

[Sallow]

The problem with the economy is conservative economic theories of the past...they were put into practice and the chickens have come home to roost

Which of Friedmans theories do you have in mind? and why????

Please tell us or admit to being a low IQ liberal

Much of the securitization took the form of collateralized debt obligations (CDOs) with senior credit tranches certified by rating agencies as AAA. It was the failure to properly price such risky assets that characterized the crisis. "Epilogue", p. 512
Alan Greenspan - Wikiquote

 

[Interpol]

The problem with the American economy is the 1%.

Over the last 30 years, the economic philosophy has been to enrich these folks with money and tax incentives in the hopes that they would trickle the wealth down to the rest of us.

Never happened.

Unfortunately, we still live in Reagan and Bush's America when it comes to economic philosophy. The real "takers" are the multi-nationals and the super wealthy. The producers and the drivers of the economy work to send everything up the ladder wholesale, and what they've gotten in return is higher health care costs, less job security, broken contracts, broken unions, stagnant wages, no benefits, and job outsourcing.

All the rules have been written by the people that these folks own in Washington, and they continue to benefit the most from the system that exists today. The average American will either tell you things are about the same or just a little bit better or worse than 4 years ago. However, there is not one single 1%'er who could be justified in saying the same thing. Not Romney, not Trump, not the estate of Steve Jobs, not the Facebook guy, not Sheldon Adelson.

Those people had 4 amazing, record-breaking years, thanks in part to "rules and regulations" that have been written to specifically benefit them.

It all goes back to the Nationalist Reagan Socialist economic philosophy that says we all slave away in order to make the top guy rich and then and only then will he rain cash upon us all. What a fucking lunatic way to run a country, but that's where we're at and hopefully that'll start changing as the fiscal cliff approaches.

 

[Skull Pilot]

The problem with the American economy is the 1%.

Over the last 30 years, the economic philosophy has been to enrich these folks with money and tax incentives in the hopes that they would trickle the wealth down to the rest of us.

Never happened.

You don't "enrich" someone by letting them keep more of their own money and what about the 47% who pay no income taxes at all are they being "enriched" at the expense of those who pay tax income taxes?

 

[editec]

Whats the problem with the US Economy

Like there's a single problem?

Don't we all wish life was as simple of that?

 

[Katzndogz]

Too much red tape,
Too much spending on other countries and none on ours.
Spending into thin air
Rewarding failure
Our educational system is fucekd up under unions.

Unions fuck up everything. They just don't realize that vampires eventually kill the host like the unions are killing Hostess.

Twilight for Twinkies? Hostess Workers Strike as Company Struggles - ABC News

Once the host dies, what do the vampires feed off of? We'll find out with 18,000 union members suddenly unemployed.

 

[TakeAStepBack]

 

[TakeAStepBack]

I voted the 1% just for kicks.

 

[CrusaderFrank]

Are we still on the "Meltdown" Scenario? Is that the "problem"? Still?

Bear Stearns, Lehman Bros and Merrill Lynch, all gone in one form or another for 4 years now

Fannie and Freddie, $200 Billion sunk into the

Obama Stimulus

QE 1, 2, 3 all done and in the books

 

[CrusaderFrank]

The problem with the American economy is the 1%.

Over the last 30 years, the economic philosophy has been to enrich these folks with money and tax incentives in the hopes that they would trickle the wealth down to the rest of us.

Never happened.

Unfortunately, we still live in Reagan and Bush's America when it comes to economic philosophy. The real "takers" are the multi-nationals and the super wealthy. The producers and the drivers of the economy work to send everything up the ladder wholesale, and what they've gotten in return is higher health care costs, less job security, broken contracts, broken unions, stagnant wages, no benefits, and job outsourcing.

All the rules have been written by the people that these folks own in Washington, and they continue to benefit the most from the system that exists today. The average American will either tell you things are about the same or just a little bit better or worse than 4 years ago. However, there is not one single 1%'er who could be justified in saying the same thing. Not Romney, not Trump, not the estate of Steve Jobs, not the Facebook guy, not Sheldon Adelson.

Those people had 4 amazing, record-breaking years, thanks in part to "rules and regulations" that have been written to specifically benefit them.

It all goes back to the Nationalist Reagan Socialist economic philosophy that says we all slave away in order to make the top guy rich and then and only then will he rain cash upon us all. What a fucking lunatic way to run a country, but that's where we're at and hopefully that'll start changing as the fiscal cliff approaches.

Reagan is not President, neither is Bush

Are you saying we have too many rich people in this county, or that we have rich people at all?

 

[TakeAStepBack]

Don't forget operation twist!

The problem is the country has pissed away its wealth through currency debasement, high leverage, massive debt (from fed govt. to households) and an economy built on consumers and borrowers (ratehr than savers and builders).

You couple that with crippling taxes, red tape, over head. regulations, corporate welfare, socialized losses, favoritism, federal minimum wage laws, etc...and this is the type of economy you get.

 

[LibertyLemming]

Other: The Government and the Fed.

 

[Sallow]

The problem with the American economy is the 1%.

Over the last 30 years, the economic philosophy has been to enrich these folks with money and tax incentives in the hopes that they would trickle the wealth down to the rest of us.

Never happened.

Unfortunately, we still live in Reagan and Bush's America when it comes to economic philosophy. The real "takers" are the multi-nationals and the super wealthy. The producers and the drivers of the economy work to send everything up the ladder wholesale, and what they've gotten in return is higher health care costs, less job security, broken contracts, broken unions, stagnant wages, no benefits, and job outsourcing.

All the rules have been written by the people that these folks own in Washington, and they continue to benefit the most from the system that exists today. The average American will either tell you things are about the same or just a little bit better or worse than 4 years ago. However, there is not one single 1%'er who could be justified in saying the same thing. Not Romney, not Trump, not the estate of Steve Jobs, not the Facebook guy, not Sheldon Adelson.

Those people had 4 amazing, record-breaking years, thanks in part to "rules and regulations" that have been written to specifically benefit them.

It all goes back to the Nationalist Reagan Socialist economic philosophy that says we all slave away in order to make the top guy rich and then and only then will he rain cash upon us all. What a fucking lunatic way to run a country, but that's where we're at and hopefully that'll start changing as the fiscal cliff approaches.

Reagan is not President, neither is Bush

Are you saying we have too many rich people in this county, or that we have rich people at all?

10 Countries With The Most Billionaires

Check out number one.