24 Jan 08
Originally posted by uzlessI agree, do you repubs give Bill Clinton the credit for the late '90's boom, or Bush the credit for the crash that happened right after he got elected? No I didn't think so. The economy has nothing to do with the little man(or maybe woman) who jabbers on the Box. It is the people behind the curtain. And when I say 'behind the curtain' I mean the Federal Reserve. Man whats up with them?
no one is to blame for the recession.
Recessions are part of the natural ebb and flow of the economy. If you look back through history you will find approx every 10 years you have a big recession and every 5 years you have a minor one.
We are currently around the 5 year mark and are due for a recessionary time period.
No one is to blame.
T ...[text shortened]... nation for the next economic downturn.
Ask Telerion...He can explain it better than I can.
28 Jan 08
Originally posted by StTitomaybe this chart can help you out.
I agree, do you repubs give Bill Clinton the credit for the late '90's boom, or Bush the credit for the crash that happened right after he got elected? No I didn't think so. The economy has nothing to do with the little man(or maybe woman) who jabbers on the Box. It is the people behind the curtain. And when I say 'behind the curtain' I mean the Federal Reserve. Man whats up with them?
note that bush assumed office in jan. 2001. and the market peaked in early 2000, well before he was elected.
http://en.wikipedia.org/wiki/Image:Nasdaq_Composite_dot-com_bubble.svg
28 Jan 08
Originally posted by treetalkWell I'm Conservative and Bush's tax cuts have helped me in the purchase of two more semi-trucks which I now employ two more individuals driving them. I also own 2 homes outright and considering purchasing another that someone foreclosed on it. By the way. You chaps from the land of OZ buy a bunch of Chinese crap also the last time I looked. All of us Americans aren't spend crazy fools. The ones that are I have no sympathy for. By the way. What is made in Australia?
Do they?
You might want to check around to find out how much money Americans keep - I think you'll find it's not much.
Considering how much of what Americans buy is not actually made in America, spending money on goods perhaps sees a lot of that money go overseas.
Government 'kleptocrats' are most definitely experts on how to spend other people's m ...[text shortened]... d and the 'consume/spend like there's no tomorrow' mindset has much to do with it?
- Joined
- 30 Dec 07
- Moves
- 9905
29 Jan 08
Originally posted by der schwarze RitterYou are by far the stupidest of opinionated people that I see... I think that conservative is better at being stupid than liberal.
If a Democrat is elected president, you will have your wish and the economy will collapse due to the onslaught of spending programs and increased taxes they will no doubt ram through Congress.
29 Jan 08
5 edits
Originally posted by duecerSo the Republicans are able to prop up the economy while the Dems are not?
some talk show pundit's have asserted that the republicans are propping up the economoy, so after the Nov. elections it will crash on the Dems watch. Is this a fair assesment, and who was to blame for the most recent recession?
Perhaps the Republican threw the election knowing the economy was going to collapse because they rigged it to collapse. Those crafty devils!! Its to clever to be sane.
Or you could say that once the Dems took over Congress in November, they slowly took down the economy further in order to get Billary elected by blaming Bush and the Republican pre-November Congress for the fiasco.
You know the conspiracy theories never end. I am sure I can come up with more tomorrow.
01 Feb 08
Originally posted by der schwarze RitterBut if the kleptocrats take the money, and then give it to someone else, that other person might spend it or start a business. What's the difference between 1) tax cuts/rebates and 2) gov't spending programs? Both inject money into the economy.
People keep more of the money they earned, then they can either invest it, spend it or start businesses; the point being, individuals know far better than government kleptocrats how best to spend their own money.
1) benefits those who already make alot, with the advantage of upholding the principles of property rights. 2) benefits those who need the most help and has the advantage of upholding the principle that the poor and middle income people shouldn't be denied certain social necessities (education, healthcare, national infrastructure etc).
I think your argument comes down to a moral distinction and not an economic one. Pitting "Right to Property" against "Economic Justice" in a "Two-Concept: Battle Royale." Sunday, Sunday, Sunday...