msj Posted July 23, 2016 Report Share Posted July 23, 2016 Look up how much debt they had after the end of WWII. And consider the mini depression they had in the post war. Yet they still managed to rebuild Europe, Japan, and have a successful boom for the next 25 years thereafter. Oh, and there were real threats then: USSR, nuclear arms race etc. People today are a bunch of feeble minded fearful idiots in comparison. No wonder Trump is popular. Quote Link to comment Share on other sites More sharing options...
cannuck Posted July 23, 2016 Report Share Posted July 23, 2016 (edited) Look up how much debt they had after the end of WWII. And consider the mini depression they had in the post war. Yet they still managed to rebuild Europe, Japan, and have a successful boom for the next 25 years thereafter. Oh, and there were real threats then: USSR, nuclear arms race etc. People today are a bunch of feeble minded fearful idiots in comparison. No wonder Trump is popular. and, during all of that time the US had a business economy that produced things. The ONLY way you can create wealth is by adding value to a resource or delivering a service required to do so. EVERYTHING else is merely wealth re-distribution, and that is all that is left in the US - Casino Capitalism re-distributing money from the equities table to the derivatives table with a roll of the dice at the commodities table in between. On the other side of the coin: over a hundred trillion in entitlement obligations that are and will continue forever to be unfunded. The measley $5 trillion (in today's dollars) for WWII was a bargain - especially when you realized all of those $$$ were used to bomb the US competitors in trade into rubble - leaving the field clear for the next 20 years for the US to win, win, win at trade (even if they didn't do so well with those pesky little "police actions" in Korea and Vietnam). The Obama idea of just printing more cash works just fine until all of the pent-up inflationary forces are released. Just remember the Weimar Republic and you get a pretty good picture of the Clinton Republic as it would play out on the current course of policy. Trump, for all of his considerable imperfections, is the best bet the Yanks have today of ever changing direction. They are circling around in the bottom of the toilet right now - and one would be a fool not to recognize that. Edited July 23, 2016 by cannuck Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted July 23, 2016 Report Share Posted July 23, 2016 and, during all of that time the US had a business economy that produced things. The ONLY way you can create wealth is by adding value to a resource or delivering a service required to do so. EVERYTHING else is merely wealth re-distribution, and that is all that is left in the US - This is quite false, as the United States remains a major world producer for manufacturing, agriculture, energy, transportation, etc. behind only China. Quote Link to comment Share on other sites More sharing options...
msj Posted July 23, 2016 Report Share Posted July 23, 2016 No wonder you guys are so afraid: you believe nonsense like the above. The US economy is doing just fine considering it is still in the aftermath of a credit bubble that has burst. It takes years to fix a balance sheet recession and the US has done quite well. Well enough to so that Obama's two terms have produced more private sector jobs that's GW Bush's two terms. But then Obama wasn't starting wars that would eventually cost trillions. As for printing cash: bet you were one of those hyperinflationists - how'd that work out for you? Maybe check the subscription price of that zero-hedge inspired newsletter you read: price hasn't gone up in ten years but all they talk about is rampant inflation. Sort of like Trump: talk about something even though the facts show otherwise. Whatcha gonna believe? Your lying eyes? Quote Link to comment Share on other sites More sharing options...
jacee Posted July 23, 2016 Report Share Posted July 23, 2016 EVERYTHING else is merely wealth re-distribution, and that is all that is left in the US - Casino Capitalism re-distributing money ... Trump, for all of his considerable imperfections, is the best bet the Yanks have today of ever changing direction. They are circling around in the bottom of the toilet right now - Trump = <flush> Quote Link to comment Share on other sites More sharing options...
cannuck Posted July 26, 2016 Report Share Posted July 26, 2016 This is quite false, as the United States remains a major world producer for manufacturing, agriculture, energy, transportation, etc. behind only China. Yeah, I took a bit of the license with "all that is left", but reality is that the US is NOT improving its output, China came from out of nowhere and in two decades ate our lunch, and India is poised to take their place. The US will never be what it was (as in not only on top of the heap, but a mile ahead of any other competing nation) even with what miracle The Donald thinks he can pull off, since the rest of the world has done a much better job of modernizing their industry. Quote Link to comment Share on other sites More sharing options...
cannuck Posted July 26, 2016 Report Share Posted July 26, 2016 No wonder you guys are so afraid: you believe nonsense like the above. The US economy is doing just fine considering it is still in the aftermath of a credit bubble that has burst. It takes years to fix a balance sheet recession and the US has done quite well. Well enough to so that Obama's two terms have produced more private sector jobs that's GW Bush's two terms. But then Obama wasn't starting wars that would eventually cost trillions. As for printing cash: bet you were one of those hyperinflationists - how'd that work out for you? Maybe check the subscription price of that zero-hedge inspired newsletter you read: price hasn't gone up in ten years but all they talk about is rampant inflation. Sort of like Trump: talk about something even though the facts show otherwise. Whatcha gonna believe? Your lying eyes? No, Wall Street is doing just fine. Main Street is pretty much screwed. You obviously don't live there or own any business there. As per hyperinflation: it remains pent up as long as the Greenback enjoys defacto hegemony. So many other central banks are full of $$ from US trade and even then denominate their securities and commodities in USD that at every sign of slippage, they have to jump in and buy, buy, buy or risk wiping out their own net worth. Keep in mind China is very busy at building a shiny new currency that will ultimately trump (now THAT's a Yankee Doodle Dandy word, eh!?) the Greenback. Quote Link to comment Share on other sites More sharing options...
msj Posted July 30, 2016 Report Share Posted July 30, 2016 This cartoon is a nice summary of the doom/gloom panic of Trump vs the optimistic calm of Clinton: http://img.huffingtonpost.com/asset/scalefit_630_noupscale/579b99e41200007404a54383.jpeg?cache=avd55virku Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted July 30, 2016 Report Share Posted July 30, 2016 Yeah, I took a bit of the license with "all that is left", but reality is that the US is NOT improving its output, China came from out of nowhere and in two decades ate our lunch, and India is poised to take their place. The US will never be what it was .... The US has no intention of becoming what it once was....that is something for China and India to emulate. The U.S. has moved on....and it doesn't owe Canada or Mexico a free ride. Quote Link to comment Share on other sites More sharing options...
TimG Posted July 30, 2016 Report Share Posted July 30, 2016 The U.S. has moved on....and it doesn't owe Canada or Mexico a free ride.Who says it is 'free ride'? Canada is largest market for US exports. Twice the size of China and bigger than the EU. Trade has always been about building reciprocal relationships which means being able to sell goods means you have to allow imports too. Throwing the US-Canada trading relationship down the drain will hurt the US. Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted July 30, 2016 Report Share Posted July 30, 2016 (edited) Who says it is 'free ride'? Canada is largest market for US exports. Twice the size of China and bigger than the EU. Trade has always been about building reciprocal relationships which means being able to sell goods means you have to allow imports too. Throwing the US-Canada trading relationship down the drain will hurt the US. True, but China is now the biggest U.S. trade partner. This line of discussion consistently pivots on what the United States and American corporate resources choose to do in the age of globalization. I personally helped in the willful and purposeful transfer of manufacturing technology to China because it made economic sense to do so for a market with more than 1 billion people. Economics 101 for lowest cost production and efficiency. Same is true for outsourcing to Mexico....Canadian and American organized labour had priced itself out of the competition. The United States is not responsible for the health of the Canadian economy, high employment, capital investment, etc. If the U.S. has a "meltdown" that impacts Canada severely, then perhaps Canada should not be so dependent on American trade and corporate investment...diversify more to other global markets. China passes Canada as largest U.S. trading partner. ...Canada has long been defined – economically, politically and culturally – by its crucial trade relationship with the U.S. Those strong ties have shaped Canadian industrial development over the course of the past century and continue to heavily influence Canada’s economic and foreign policy priorities. But the shift in the Canada-U.S. trade relationship speaks to the growing influence of the booming Asia-Pacific region in the global economy – and in the trading relationships of both the U.S. and Canada. “When we think about the United States, we have to realize where our ranking is nowadays. We are nowhere near as predominant as we used to be. We have to realize that the market share we lost to China is not coming back. The market share we lost to Mexico … is probably not coming back.” Edited July 30, 2016 by bush_cheney2004 Quote Link to comment Share on other sites More sharing options...
betsy Posted June 25, 2018 Author Report Share Posted June 25, 2018 (edited) Well.....I have to bring this up again. Please read the OP again. The politics that's happening nextdoor is escalating. Quote Is America headed toward a civil war? Sanders, Nielsen incidents show it has already begun Sarah Huckabee Sanders and Kirstjen Nielsen experiences at restaurants suggest a 'soft' civil war is well underway. It will get worse unless we learn to stop hating each other. The civil war is already starting Well, actually this sort of thing seems to be well underway. Hollywood has basically turned its products, and its award shows, into showcases for "the resistance." Americans are already sorting themselves into communities that are predominantly red or blue. And in heavily blue Washington, D.C., Trump staffers find that a lot of people don’t want to date them because of their politics. https://www.usatoday.com/story/opinion/2018/06/25/sanders-nielsen-incidents-suggest-new-us-civil-war-underway-column/729141002/ Edited June 25, 2018 by betsy Quote Link to comment Share on other sites More sharing options...
BubberMiley Posted June 25, 2018 Report Share Posted June 25, 2018 A civil war has already begun because Sarah Sanders was asked to leave a restaurant? That sounds like it might be an exaggeration. Although it's true that divisive talk that generalizes "lefties" and "liberals" or "right-wingers" (although you don't hear that nearly as much) as one large enemy camp does tend to serve the purpose of driving a wedge deeper into society. Trump focussing his presidency on leading only his supporters and not the country certainly doesn't help. There are a lot of radical anti-abortion activists who would probably be willing to fight for the foetuses. But ultimately I think it's a lot of hyperbole. Quote Link to comment Share on other sites More sharing options...
scribblet Posted June 25, 2018 Report Share Posted June 25, 2018 1 hour ago, betsy said: Well.....I have to bring this up again. Please read the OP again. The politics that's happening next door is escalating. https://www.usatoday.com/story/opinion/2018/06/25/sanders-nielsen-incidents-suggest-new-us-civil-war-underway-column/729141002/ The rhetoric and calls for civil disobedience and possibly violence are heating up; likely because unable to win democratically, the Democrats are planning to impose their platform via a coup through civil disobedience. They have never accepted that their loss, I guess it was just too much for them to handle in a mature manner. Having said that, I don't really think there will be a civil war or close, but the hyperbole and threats will no doubt increase and someone will get hurt. I don't know who would run for the Dems next time but they had better have an excellent candidate in place. 1 Quote Link to comment Share on other sites More sharing options...
BubberMiley Posted June 25, 2018 Report Share Posted June 25, 2018 The Democrats are planning a coup through civil disobedience? Are you declaring that a fact based on Waters saying Trump administration officials should be confronted? Yesterday it was just an incitement to violence and today it's progressed to a coup? By tomorrow it should be a brazen attack on the county itself. Lol Quote Link to comment Share on other sites More sharing options...
betsy Posted June 25, 2018 Author Report Share Posted June 25, 2018 6 hours ago, scribblet said: The rhetoric and calls for civil disobedience and possibly violence are heating up; likely because unable to win democratically, the Democrats are planning to impose their platform via a coup through civil disobedience. They have never accepted that their loss, I guess it was just too much for them to handle in a mature manner. Having said that, I don't really think there will be a civil war or close, but the hyperbole and threats will no doubt increase and someone will get hurt. I don't know who would run for the Dems next time but they had better have an excellent candidate in place. The referral to Hollywood is bang-on. Quote Link to comment Share on other sites More sharing options...
paxamericana Posted June 26, 2018 Report Share Posted June 26, 2018 20 hours ago, betsy said: Well.....I have to bring this up again. Please read the OP again. The politics that's happening nextdoor is escalating. https://www.usatoday.com/story/opinion/2018/06/25/sanders-nielsen-incidents-suggest-new-us-civil-war-underway-column/729141002/ Why would it be a civil war? You're buying into the anti-fa and alt-right bull crap. They're the one wanting to bang heads at each other. Both equally violent and fringe groups. One is a nationalist fascist the other anarcho communist.... really really fringe groups we're talking here... Quote Link to comment Share on other sites More sharing options...
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