To Conservatives: What drives the economy?

[Dad2three]

Reading your analysis makes blood seep out of my ears.

US population in 2009 = 307 million
US population in 2014 = 317 million.

Population increase of 10 million, so Obama can't even create enough jobs to keep pace with population growth.

Yet Dubya's/GOP's 'job creator' policies cost US over 1.2+ million PRIVATE sector jobs AND another 4+ million in 2009, go figure!!!

10 million adults? lol

And the economu is in worse shape today than when Bush left. Whaddaya know.
GDP numbers come out tomorrow. We'll see if we're in another recesion.

"And the economu is in worse shape today than when Bush left."

AMNESIA HUH? US economy tanked 9%+ the last quarter of Dubya, lost 700,000+ jobs a month, over 4+ million in 2009 alone!

 

[TemplarKormac]

Libertarians are FARRRRR right on economics. They believe in myths and fairy tales Bubba!

Why do conservatives always accuse the intelligent, accomplished people of promoting a left wing agenda? You can't expect them to promote the agenda purported by the"Stupid Party"!

Both ends of the spectrum believe in myths and fairy tales. The problem is, the True Believers like you have most of the energy and make most of the noise, and the rest of us have to deal with it.

I know you think you're more intelligent than anyone who dares to disagree with you on anything. That's a common symptom of being a True Believer.

Amazing how those on the ends are mirror images of each other.

.

Got it, You'll stick with the Ayn Rand bullshit over actual proven theories!

Funny how you never stated those proven theories, or linked to them....

 

[The Rabbi]

Yet Dubya's/GOP's 'job creator' policies cost US over 1.2+ million PRIVATE sector jobs AND another 4+ million in 2009, go figure!!!

10 million adults? lol

And the economu is in worse shape today than when Bush left. Whaddaya know.
GDP numbers come out tomorrow. We'll see if we're in another recesion.

"And the economu is in worse shape today than when Bush left."

AMNESIA HUH? US economy tanked 9%+ the last quarter of Dubya, lost 700,000+ jobs a month, over 4+ million in 2009 alone!

Fewer people are working today. Fact.

 

[Dad2three]

Both ends of the spectrum believe in myths and fairy tales. The problem is, the True Believers like you have most of the energy and make most of the noise, and the rest of us have to deal with it.

I know you think you're more intelligent than anyone who dares to disagree with you on anything. That's a common symptom of being a True Believer.

Amazing how those on the ends are mirror images of each other.

.

Got it, You'll stick with the Ayn Rand bullshit over actual proven theories!

Funny how you never stated those proven theories, or linked to them....

Weird how MOST economies of the world function on a Keynesian side right?

Debunking Austrian Economics 101

Social Democracy for the 21st Century: A Post Keynesian Perspective: Debunking Austrian Economics 101


Why I Am Not an Austrian Economist

Why I Am Not an Austrian Economist



A Critique of the Chicago School of Economics:

CHILE: THE LABORATORY TEST

Chile: the laboratory test

Critiques Of Libertarianism

Critiques Of Libertarianism

 

[percysunshine]

Sex drives the economy.


Ok, the mods can close the thread now.

 

[Dad2three]

And the economu is in worse shape today than when Bush left. Whaddaya know.
GDP numbers come out tomorrow. We'll see if we're in another recesion.

"And the economu is in worse shape today than when Bush left."

AMNESIA HUH? US economy tanked 9%+ the last quarter of Dubya, lost 700,000+ jobs a month, over 4+ million in 2009 alone!

Fewer people are working today. Fact.

THERE YOU GO WITH RIGHT WING 'FACTS', like conservatives 'math' it NEVER adds up



FEB 2009 110, 699, 000 PRIVATE sector jobs

Obama enters office

FEB 2009 110, 699, 000 PRIVATE sector jobs


JUNE 2014 116,872,000 PRIVATE sector jobs

HMM, MORE THAN 6+ MILLION MORE IN THE PRIVATE SECTOR? Not even looking at the 4+ million lost in 2009 thanks to Dubya's policies!!!



Bureau of Labor Statistics Data


KEEP TRYING BUBBA...

 

[Spoonman]

What drives our economy? Consumer spending or business investment?

If you think consumer spending drives the economy, what would be wrong about putting more disposable income into the hands of the middle class and the poor?

If it's business investment, what would be wrong about making adjustments to the tax code that would discourage outsourcing and off shore tax shelters? Shouldn't American business investment be made in, I don't know, maybe America?

I guess I would pose that question to the Obama administration who campaigned on doing just that, had the majority to pass anything they wanted to during their first two years but didn't.

 

[Spoonman]

"And the economu is in worse shape today than when Bush left."

AMNESIA HUH? US economy tanked 9%+ the last quarter of Dubya, lost 700,000+ jobs a month, over 4+ million in 2009 alone!

Fewer people are working today. Fact.

THERE YOU GO WITH RIGHT WING 'FACTS', like conservatives 'math' it NEVER adds up



FEB 2009 110, 699, 000 PRIVATE sector jobs

Obama enters office

FEB 2009 110, 699, 000 PRIVATE sector jobs


JUNE 2014 116,872,000 PRIVATE sector jobs

HMM, MORE THAN 6+ MILLION MORE IN THE PRIVATE SECTOR? Not even looking at the 4+ million lost in 2009 thanks to Dubya's policies!!!



Bureau of Labor Statistics Data


KEEP TRYING BUBBA...

its called expansion of fast food chains and walmart keeping up with population growth and density

 

[Dad2three]

What drives our economy? Consumer spending or business investment?

If you think consumer spending drives the economy, what would be wrong about putting more disposable income into the hands of the middle class and the poor?

If it's business investment, what would be wrong about making adjustments to the tax code that would discourage outsourcing and off shore tax shelters? Shouldn't American business investment be made in, I don't know, maybe America?

I guess I would pose that question to the Obama administration who campaigned on doing just that, had the majority to pass anything they wanted to during their first two years but didn't.

ne of the standard Republican talking points is that the Democrats had a filibuster-proof, super majority for two years between 2008 and 2010. This talking point is usually trotted out when liberals complain that the Republicans filibustered virtually every piece of legislation proposed by Obama or the Democrats over that period of time.

The implication is that Democrats had ample opportunity to pass legislation and that the reason they didn’t pass more legislation doesn’t have anything to do with the Republicans. The Truth is that the Democrats only had a filibuster-proof majority for 24 working days during that period. Here are the details:

Democrats only had a veto proof majority for 24 working days | Fact Left

WHILE THE US ECONOMY DUMPED 9%+ IN LAST 3 MONTHS OF 2008 AND WAS LOSING 4+ MILLION JOBS !

 

[Dad2three]

Fewer people are working today. Fact.

THERE YOU GO WITH RIGHT WING 'FACTS', like conservatives 'math' it NEVER adds up



FEB 2009 110, 699, 000 PRIVATE sector jobs

Obama enters office

FEB 2009 110, 699, 000 PRIVATE sector jobs


JUNE 2014 116,872,000 PRIVATE sector jobs

HMM, MORE THAN 6+ MILLION MORE IN THE PRIVATE SECTOR? Not even looking at the 4+ million lost in 2009 thanks to Dubya's policies!!!



Bureau of Labor Statistics Data


KEEP TRYING BUBBA...

its called expansion of fast food chains and walmart keeping up with population growth and density

Oh the same growth the US has had since Reaganomics incentivized off shoring US jobs?

After nearly a decade of steep declines, American manufacturing jobs have begun to rebound since the beginning of the Obama administration, as the slide that occurred under President George W. Bush and during the Great Recession has largely been reversed.

Manufacturing slumped in the first year of the Obama administration as the nation dealt with the effects of the recession, but since then, manufacturing has posted job gains in all but three months since February 2010, as Bloomberg Government reports:

The BGOV Barometer shows U.S. factory positions have grown since early 2010, arresting a slide that began toward the end of the 1990s. It’s the best showing since the era of Bill Clinton, the only president in the last 30 years to leave office with more factory jobs than when he began.

“The gain in manufacturing jobs is certainly helpful, it is one way to show we’re moving forward,”

After Nearly A Decade Of Declines, Manufacturing Jobs Begin Rebound | ThinkProgress


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics, 'free trade' ) have promoted the shift of wealth from the lower and middle classes to the economic elite

 

[skookerasbil]

In 2014???

.......the Fed.

 

[Dad2three]

In 2014???

.......the Fed.

Lowest sustained tax burden on those 'job creators' in 80 years, perhaps time to go back to policies that work?

In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.


Summary of Latest Federal Income Tax Data | Tax Foundation


GOV'T POLICY MATTERS !!!


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory


The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

 

[Rikurzhen]

In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

I see you vomiting all over threads with your complaints about this, so I want to ask you what is your plan to ethnically cleanse the American population back to what it was in 1980? How are you going to do that?

You want to live in the world of 1980 and the economy of 1980, well liberals have really changed America since then, so how are you going to bring back what America used to be?

 

[Newby]

In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

I see you vomiting all over threads with your complaints about this, so I want to ask you what is your plan to ethnically cleanse the American population back to what it was in 1980? How are you going to do that?

You want to live in the world of 1980 and the economy of 1980, well liberals have really changed America since then, so how are you going to bring back what America used to be?

The French Revolution comes to mind, the only problem is that someone like him is stupid enough to only go after the Republicans during his massacre because the Democrats aren't responsible for any of those stats that he posts. They're only trying to help the 'little guy', they're not in league with 'the rich' at all. Partisans are not only stupid enough to believe the lies their masters feed them, but they also don't realize how incredibly stupid it makes them look.

 

[Nosmo King]

How does partisanship help answer the question of wage disparity? Do Conservatives think that wage disparity is a problem? Do Conservatives think that a widening gap between the rich and the middle class is a symptom of a great economy, or does this gap show real problems?

Can capitalism survive if the wealthiest citizens control wealth disproportionate to their numbers? Should 1% control the vast majority of the wealth, or should middle class citizens have a stronger position where wealth control is concerned?

 

[Newby]

How does partisanship help answer the question of wage disparity? Do Conservatives think that wage disparity is a problem? Do Conservatives think that a widening gap between the rich and the middle class is a symptom of a great economy, or does this gap show real problems?

Can capitalism survive if the wealthiest citizens control wealth disproportionate to their numbers? Should 1% control the vast majority of the wealth, or should middle class citizens have a stronger position where wealth control is concerned?

It doesn't answer anything, which is why only denouncing republicans and 'conservatives' for all the ills in this country is not only stupid, it's preposterously wrong. But partisans will never understand that because they're too blinded by their own bigotry and the lies they've been fed.

 

[Nosmo King]

How does partisanship help answer the question of wage disparity? Do Conservatives think that wage disparity is a problem? Do Conservatives think that a widening gap between the rich and the middle class is a symptom of a great economy, or does this gap show real problems?

Can capitalism survive if the wealthiest citizens control wealth disproportionate to their numbers? Should 1% control the vast majority of the wealth, or should middle class citizens have a stronger position where wealth control is concerned?

It doesn't answer anything, which is why only denouncing republicans and 'conservatives' for all the ills in this country is not only stupid, it's preposterously wrong. But partisans will never understand that because they're too blinded by their own bigotry and the lies they've been fed.

Are you saying that Conservatives will continue to ignore wage disparity because Conservative pundits told them it's no real problem? And Conservatives will continue to believe that Liberals have nothing valid to contribute? And that Liberals will get bogged down in problems solving to their own demise because Conservatives will not entertain any Liberal contributions?

 

[The Rabbi]

How does partisanship help answer the question of wage disparity? Do Conservatives think that wage disparity is a problem? Do Conservatives think that a widening gap between the rich and the middle class is a symptom of a great economy, or does this gap show real problems?

Can capitalism survive if the wealthiest citizens control wealth disproportionate to their numbers? Should 1% control the vast majority of the wealth, or should middle class citizens have a stronger position where wealth control is concerned?

It doesn't answer anything, which is why only denouncing republicans and 'conservatives' for all the ills in this country is not only stupid, it's preposterously wrong. But partisans will never understand that because they're too blinded by their own bigotry and the lies they've been fed.

Are you saying that Conservatives will continue to ignore wage disparity because Conservative pundits told them it's no real problem? And Conservatives will continue to believe that Liberals have nothing valid to contribute? And that Liberals will get bogged down in problems solving to their own demise because Conservatives will not entertain any Liberal contributions?

Liberal "contributions" caused all the problems. Why would anyone listen to anything they say. Liberals' solution to wage disparity is to punish higher earners. Conservatives' solution is to encourage economic growth.

 

[Nosmo King]

It doesn't answer anything, which is why only denouncing republicans and 'conservatives' for all the ills in this country is not only stupid, it's preposterously wrong. But partisans will never understand that because they're too blinded by their own bigotry and the lies they've been fed.

Are you saying that Conservatives will continue to ignore wage disparity because Conservative pundits told them it's no real problem? And Conservatives will continue to believe that Liberals have nothing valid to contribute? And that Liberals will get bogged down in problems solving to their own demise because Conservatives will not entertain any Liberal contributions?

Liberal "contributions" caused all the problems. Why would anyone listen to anything they say. Liberals' solution to wage disparity is to punish higher earners. Conservatives' solution is to encourage economic growth.

[MENTION=17441]Newby[/MENTION] Is this what you mean^^^^^?

 

[Rikurzhen]

In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

I see you vomiting all over threads with your complaints about this, so I want to ask you what is your plan to ethnically cleanse the American population back to what it was in 1980? How are you going to do that?

You want to live in the world of 1980 and the economy of 1980, well liberals have really changed America since then, so how are you going to bring back what America used to be?

The French Revolution comes to mind, the only problem is that someone like him is stupid enough to only go after the Republicans during his massacre because the Democrats aren't responsible for any of those stats that he posts. They're only trying to help the 'little guy', they're not in league with 'the rich' at all. Partisans are not only stupid enough to believe the lies their masters feed them, but they also don't realize how incredibly stupid it makes them look.

I sometimes have a hard time thinking like a liberal. I wonder what they believe makes America tick, what made America successful? Is it the air that has some magical quality? Do trees in America give off some special pollen?

How do they imagine that taking a Mexican or a Somalian and plunking them down into America will suddenly transform the human capital embodied within that person into the human capital seen in the Americans who built this nation into something great.

Somalians and Mexicans build Somalia and Mexico. Germans build Germany. The Dutch built, thinking like Obama now, Dutchland. Germany is successful. The Netherlands are successful. They're successful because of the people. Somalia is not successful because of the people. Nothing changes when a person moves across a border into America - that German immigrant brings his human capital with him and passes it on to his children and the Somalian brings his human capital and passes it on to his children.

When we import poverty via immigration, it's entirely expected that this is going to increase income inequality.

If liberals want the income inequality of the 1960s or 1980s then they need to create a population in 2014 which matches the population of America in 1960 or 1980.

It's the people who make a nation, not some magical pollen which floats across the US and is breathed by people and turns them into Americans.