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"globalism"- maybe you "progressives" can stick your head in the sand and make the big bad world go away
Or we could not bend over for big corporations. You move your factory to China, you pay a huge tax for doing so. (Unlike now, where we give them tax breaks.) Then you pay a huge tariff to get your goods back into this country. And you have to put a big label on your product in a 16 font that says.
"MADE IN COMMUNIST CHINA"
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"corporate greed"-- the US government is in debt to the tune of $17 TRILION of OTHER PEOPLE'S MONEY
wht is more greedy than that?
you make the case for the other side.....................as usual
then again that is the whole point of this thread isnt it? that progressives arent even aware how hypocritical they are
You see, the question is WHY are we 17 trillion in debt.
Let me give you a clue.
IN 1976, when we celebrated our bicentennial, the national debt was all of 600 Billion. (Compared to now, when 600 billion is our ANNUAL debt.)
But 1976 was also the first year that we ran a trade deficit since World War I.
So think about that. Two world wars (and a few smaller ones), interstate highway programs, massive infrastructure building- and our total debt was only 600 Billion. (It would be 2.4 trillion in today's dollars, but that's still not that bad.)
By 1980, the debt expanded to 900 Billion. A limp economy, high inflation and trade deficits had a lot to do with that.
Then along came a retarded old actor who became President (and who I voted for twice) and his first brilliant act was to cut taxes on rich people.
Not surprisingly, the national debt expanded from less than a trillion to 3 trillion in his 8 years. He tripled the national debt in one term. By the time his vice President left, it was close to 5 trillion. Another war, and bailing out his fellow Saving And Loan crooks had a lot to do with that.
Well, we finally got some fiscal sanity under Clinton, where we stopped the growth of debt, raised taxes on the rich, and by the end of Clinton, we were posting surpluses again.
Well, shit,we couldn't have htat. One Stolen Election later, we were fighting two wars on a credit card AND giving huge tax cuts to the rich.