How can it exist?

[smithfix]

Will somone tell me how a 'Consumer Economy' can exist?
With no maufaturing base, no energy and overbearing regulation how can there be wealth creation and therefor job creation? Who in their right mind would invest in the U.S. to create a product when he knows he will be harrassed by the government who is now led by their "Progressive" noses by SEIU, eco-freaks, and corrupt internationl corporations/banking concerns?
It makes no sense to me.
Green Jobs? B.S. . We can't manufacture the componenents so we have to buy them from non-suicidal countries. (Which is exactly what we are as a nation, SUICIDAL.
IMO. the U.S. is finished. Short of revolt along the lines of the French revolution or the appearance of another George Washington in our millitary willing and able to seize power, remove congress, reinstate the Constitution and step down (Washington did refuse the kingship of America), we as the engine of freedom for the world, will cease to exist within the next decade. What we will be I have no idea but I doubt very seriously it will be pleasant.
"We the people" have failed to guard our liberties and allowed creaping tyranny to steal our childrens futures.
But again to the original question- How can a 'Consumer Economy' even exist? Only a dumbed down population can't see the fallacy of the premise.

 

[uscitizen]

Well it required lots of credit till that ran out.
And drawing out the equity in our homes.
Reverse mortgaging our homes?

 

[smithfix]

Well it required lots of credit till that ran out.
And drawing out the equity in our homes.
Reverse mortgaging our homes?

We have mortgaged all of our natural resourses and our labor for the next 50 years if not more.
Repudiating the debt, changing Congress (by whatever means that can be) and telling the World to go screw is our only option, IMO.

 

[uscitizen]

There are no good answers for extricating ourselves from our short sighted greed driven dilema.

 

[Wry Catcher]

Will somone tell me how a 'Consumer Economy' can exist?
With no maufaturing base, no energy and overbearing regulation how can there be wealth creation and therefor job creation? Who in their right mind would invest in the U.S. to create a product when he knows he will be harrassed by the government who is now led by their "Progressive" noses by SEIU, eco-freaks, and corrupt internationl corporations/banking concerns?
It makes no sense to me.
Green Jobs? B.S. . We can't manufacture the componenents so we have to buy them from non-suicidal countries. (Which is exactly what we are as a nation, SUICIDAL.
IMO. the U.S. is finished. Short of revolt along the lines of the French revolution or the appearance of another George Washington in our millitary willing and able to seize power, remove congress, reinstate the Constitution and step down (Washington did refuse the kingship of America), we as the engine of freedom for the world, will cease to exist within the next decade. What we will be I have no idea but I doubt very seriously it will be pleasant.
"We the people" have failed to guard our liberties and allowed creaping tyranny to steal our childrens futures.
But again to the original question- How can a 'Consumer Economy' even exist? Only a dumbed down population can't see the fallacy of the premise.

I'll tell you what. First, enroll in a couple of history classes, second, go to a VA hospital and ask combat vets what war is like - if they're willing to share, look at their wounds. Next, get on a plane and fly to Europe and see what a socialist democracy looks like. The people don't have horns, there are shops and markets, movie theaters and even McDonalds. Finally, go the Cape Towne, SA, and see a model for a gated nation. The halves live inside the gate, and the have-nots outside.
Whose free, and whose not?
And, and turn off the TV and Radio.

 

[smithfix]

Will somone tell me how a 'Consumer Economy' can exist?
With no maufaturing base, no energy and overbearing regulation how can there be wealth creation and therefor job creation? Who in their right mind would invest in the U.S. to create a product when he knows he will be harrassed by the government who is now led by their "Progressive" noses by SEIU, eco-freaks, and corrupt internationl corporations/banking concerns?
It makes no sense to me.
Green Jobs? B.S. . We can't manufacture the componenents so we have to buy them from non-suicidal countries. (Which is exactly what we are as a nation, SUICIDAL.
IMO. the U.S. is finished. Short of revolt along the lines of the French revolution or the appearance of another George Washington in our millitary willing and able to seize power, remove congress, reinstate the Constitution and step down (Washington did refuse the kingship of America), we as the engine of freedom for the world, will cease to exist within the next decade. What we will be I have no idea but I doubt very seriously it will be pleasant.
"We the people" have failed to guard our liberties and allowed creaping tyranny to steal our childrens futures.
But again to the original question- How can a 'Consumer Economy' even exist? Only a dumbed down population can't see the fallacy of the premise.

I'll tell you what. First, enroll in a couple of history classes, second, go to a VA hospital and ask combat vets what war is like - if they're willing to share, look at their wounds. Next, get on a plane and fly to Europe and see what a socialist democracy looks like. The people don't have horns, there are shops and markets, movie theaters and even McDonalds. Finally, go the Cape Towne, SA, and see a model for a gated nation. The halves live inside the gate, and the have-nots outside.
Whose free, and whose not?
And, and turn off the TV and Radio.

Typical non answer by a liberal moron. Just drink your cool-aid and hope. Or you might look up the Weimar Republic (hyperinflation) or the government which followed and how it came to power.

 

[Toronado3800]

well he does have a point about the Europeans.

Regardless I agree more manufacturing could not hurt. Economic theory is complex but obviously if you're sending 5% of the cost of any product to a foreign country their GDP should go up.

There must be a magic number for the "safe" amount of foreign trade. Like "you're trade balance can be xx% negative if your economy can...."

What that can is I don't know but it seems to be a precarious "can claim some money from internet wires or train tracks running through it."

Man I can't think of a good way to balance a trade deficit in the long term. HELP!

 

[uscitizen]

Can trade run a permanent defecit? Or will it eventually get you?

 

[Toronado3800]

Dude is familiar with all kinds of different economic theories. Maybe he has one that can apply in a positive way.

 

[uscitizen]

O dunno but it seems to me that defecits from trade imbalance would have to be made up with funds from somewhere else? Where from?

 

[uscitizen]

I think that many of the economic theories we were taught are no longer as valid because the model has changed.

 

[Wry Catcher]

Will somone tell me how a 'Consumer Economy' can exist?
With no maufaturing base, no energy and overbearing regulation how can there be wealth creation and therefor job creation? Who in their right mind would invest in the U.S. to create a product when he knows he will be harrassed by the government who is now led by their "Progressive" noses by SEIU, eco-freaks, and corrupt internationl corporations/banking concerns?
It makes no sense to me.
Green Jobs? B.S. . We can't manufacture the componenents so we have to buy them from non-suicidal countries. (Which is exactly what we are as a nation, SUICIDAL.
IMO. the U.S. is finished. Short of revolt along the lines of the French revolution or the appearance of another George Washington in our millitary willing and able to seize power, remove congress, reinstate the Constitution and step down (Washington did refuse the kingship of America), we as the engine of freedom for the world, will cease to exist within the next decade. What we will be I have no idea but I doubt very seriously it will be pleasant.
"We the people" have failed to guard our liberties and allowed creaping tyranny to steal our childrens futures.
But again to the original question- How can a 'Consumer Economy' even exist? Only a dumbed down population can't see the fallacy of the premise.

I'll tell you what. First, enroll in a couple of history classes, second, go to a VA hospital and ask combat vets what war is like - if they're willing to share, look at their wounds. Next, get on a plane and fly to Europe and see what a socialist democracy looks like. The people don't have horns, there are shops and markets, movie theaters and even McDonalds. Finally, go the Cape Towne, SA, and see a model for a gated nation. The halves live inside the gate, and the have-nots outside.
Whose free, and whose not?
And, and turn off the TV and Radio.

Typical non answer by a liberal moron. Just drink your cool-aid and hope. Or you might look up the Weimar Republic (hyperinflation) or the government which followed and how it came to power.

I don't need to look up that period of German History, I'm a "liberal moron" with a liberal arts undergraduate degree (double major; history and poli sci). Maybe you might research the Great Depression, the Paris Peace Conference and the Treaty of Versailles.

 

[smithfix]

I'll tell you what. First, enroll in a couple of history classes, second, go to a VA hospital and ask combat vets what war is like - if they're willing to share, look at their wounds. Next, get on a plane and fly to Europe and see what a socialist democracy looks like. The people don't have horns, there are shops and markets, movie theaters and even McDonalds. Finally, go the Cape Towne, SA, and see a model for a gated nation. The halves live inside the gate, and the have-nots outside.
Whose free, and whose not?
And, and turn off the TV and Radio.

Typical non answer by a liberal moron. Just drink your cool-aid and hope. Or you might look up the Weimar Republic (hyperinflation) or the government which followed and how it came to power.

I don't need to look up that period of German History, I'm a "liberal moron" with a liberal arts undergraduate degree (double major; history and poli sci). Maybe you might research the Great Depression, the Paris Peace Conference and the Treaty of Versailles.

OOOOOOH! Are you educated or indoctrinated? Did you learn WHAT to think instead of HOW to think? Do you even know what CRITICAL thinking is? If a chicken can be tought to peck piano keys for food does that make it a pianist? Nor does perroting socialist dogma back to a "professor" (can you hear the scorn in my voice?) an education make.
If you can't answer the question, that's OK. Just stop with the attitude that to ask the question is wrong. Ignorance is bliss but some of us feel responsible to our children and grand children.
Sheeple have never been treated well by the tyrants they put in power.

 

[smithfix]

Dude is familiar with all kinds of different economic theories. Maybe he has one that can apply in a positive way.

Why don't you ask him, I would love to hear his answer. I have no tim for his long winded pontificating.
He has no cred with me. Anyone who will accept Global Warming on faith to the scientists is no more a criticlal thinker than the Pope who imprisoned Galileo. When Al Gore answers the challenge buy Lord Monckton fo a debate I listen to him.
Think for yourself! why turn to some slick wordmaster for soothing plattitudes when in your gut you know you are being lied to?
To the point. SOCIALIZM DOES NOT WORK! and WE ARE SCREWED!
Is there a thinking person who can disprove my premise? Give me no "hope" or "faith answers. Leave those for Church. I want reason and fact.(Something missing in College today)

 

[Neubarth]

The next thing to Socialism which is TOO MUCH GOVERNMENT is rearing its ugly head now that Obama is in office.

TOO MUCH GOVERNMENT always has to raise taxes to pay the bill.

Raising taxes always drives money away from the country. Along with that flight go the businesses to areas were taxes are not too high. Witness the textile industry fleeing to Asia and other less expensive regions of the world. By raising taxes we slit our own throats. We don't have to wait for the Radical Islamics to do it in their effort to bring one world rule under the antichrist.

We have to stop this insane move to the Left, along with all the liberal spending that Obama has brought to us. Many of us can be cool with a Black President. I think that is neat, but I do no support his Liberal agenda.

 

[Charles Stucker]

Dude is familiar with all kinds of different economic theories. Maybe he has one that can apply in a positive way.

Why don't you ask him, I would love to hear his answer. I have no tim for his long winded pontificating.
He has no cred with me. Anyone who will accept Global Warming on faith to the scientists is no more a criticlal thinker than the Pope who imprisoned Galileo.

A couple of quick points, at your insistence
1) Dude has repeatedly posted his Disbelief in global warming.
2) Serious discussion cannot be accomplished with sound bites.
More could be posted, but the ignorant and lazy would not bother reading it.

 

[Toronado3800]

Yeah, him and I do have different opinions on global warming. Doesn't mean he isn't right or partially right, or at least can't explain a few theories on other things.

 

[smithfix]

Dude is familiar with all kinds of different economic theories. Maybe he has one that can apply in a positive way.

Why don't you ask him, I would love to hear his answer. I have no tim for his long winded pontificating.
He has no cred with me. Anyone who will accept Global Warming on faith to the scientists is no more a criticlal thinker than the Pope who imprisoned Galileo.

A couple of quick points, at your insistence
1) Dude has repeatedly posted his Disbelief in global warming.
2) Serious discussion cannot be accomplished with sound bites.
More could be posted, but the ignorant and lazy would not bother reading it.

We seem to have gotten off topic. BUT I went back to skim the writings of Dude and he still has no cred with me. He argues for CFC reduction while I know, as a tradesman, that Mount Pinatubo (one valcano) put out 4000 times the cfc's in a month that man does in a year and now a pound of R12 (cfc refrigerant) has increased in price by a multiple of 40 in the US while not at all in Mexico. (ALL TAXES).
Taxes on it, do to PC Bull Shit and ignorant public have given the Government a great windfall tax ripoff while accomplishing absolutly nothing for the environment.
I could pick his points apart more but really do not have the time to waste on the indoctrinated.
Back to our discussion of the "Consumer Economy". It can exsist HOW?
Still waiting for you 'smart' and 'educated' liberals to answer a simple question.
I remind ya'll I am just a self educated Wood Butcher" (Carpenter). I would think that all that time in college would enable you to debate me. Do you begin to wonder if you wasted your money on student loans?

 

[eagleseven]

A society needs to provide more value in goods and services than it consumes, or else the society will violently contract and potentially collapse. You can only cook the books for so long, before reality catches up.

The game is up, and we are undergoing a painful market correction.


Every regular member here who has a basic grasp of economics understands this truth, regardless of political affiliation.

 

[smithfix]

A society needs to provide more value in goods and services than it consumes, or else the society will violently contract and potentially collapse. You can only cook the books for so long, before reality catches up.

The game is up, and we are undergoing a painful market correction.

Love the avitar! Brother you get it!