thompsonx -> RE: Would you agree to tax incentives to bring jobs back to the US? (8/1/2010 12:26:20 PM)
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Wow, I did not think That is the point you do not think you regurgitate it was controversial that West Germany was better off than East Germany before the reunification, or that South Korea is better off than North Korea. These are pretty well known things for most people. It was East Germans who were trying to sneak into West Germany before the wall came down, There was a reason the wall went up in the first place. The russians were a little pissed at the germans for murdering 17 million russian civilians. Stalin wanted to execute the top 10,000 members of the german officer corps. Since churchill and roosevelt put the kybosh on that idea the russians decided to fuck the germans that they had control over to the fullest extent possible and they put up a wall in berlin to stop any of their intended victims from getting away. Russia virtually denuded the manufacturing capacity of e. germany. What they could not carry back to russia they tried to destroy. There was no effort on the part of the russians to rekindle the german state on the other hand the western allies (marshall plan) poured money and equipment into w. germany trying to rebuild the bombed out shell that was w. germany. Your desire to paint the success of w. germany as a success for capitalism would only be valid if the russians had tried to make e. germany a success with socialism. Russias only goal in e. germany was retribution. The unbolded parts below are from: http://www.state.gov/r/pa/ei/bgn/2800.htm After the korean war South Korea experienced political turmoil under autocratic leadership. President Syngman Rhee was forced to resign in April 1960 following a student-led uprising. The Second Republic under the leadership of Chang Myon ended after only one year, when Major General Park Chung-hee led a military coup. Park's rule, which resulted in tremendous economic growth and development but increasingly restricted political freedoms, ended with his assassination in 1979. Subsequently, a powerful group of military officers, led by Lieutenant General Chun Doo-hwan, declared martial law and took power. Throughout the Park and Chun eras, South Korea developed a vocal civil society that led to strong protests against authoritarian rule. Composed primarily of students and labor union activists, protest movements reached a climax after Chun's 1979 coup and declaration of martial law. A confrontation in Gwangju in 1980 left at least 200 civilians dead. Thereafter, pro-democracy activities intensified even more, ultimately forcing political concessions by the government in 1987, including the restoration of direct presidential elections. For the first 40 years of s. koreas existence it was a military dictatorship with a centrally planned economy with the u.s. being not only it's 7 th. largest trading partner but also the donor of tons of foriegn aid. In 1987, Roh Tae-woo, a former general, was elected president, but additional democratic advances during his tenure resulted in the 1992 election of a long-time pro-democracy activist, Kim Young-sam. Kim became Korea's first civilian elected president in 32 years. In the early 1960s, the government of Park Chung Hee instituted sweeping economic policy changes emphasizing exports and labor-intensive light industries, leading to rapid debt-financed industrial expansion. The government carried out a currency reform, strengthened financial institutions, and introduced flexible economic planning. In the 1970s Korea began directing fiscal and financial policies toward promoting heavy and chemical industries, consumer electronics, and automobiles. Manufacturing continued to grow rapidly in the 1980s and early 1990s. In recent years, Korea's economy moved away from the centrally planned, government-directed investment model toward a more market-oriented one. South Korea bounced back from the 1997-98 Asian financial crisis with assistance from the International Monetary Fund (IMF), but its recovery was based largely on extensive financial reforms that restored stability to markets. These economic reforms, pushed by President Kim Dae-jung, helped Korea return to growth, with growth rates of 10% in 1999 and 9% in 2000. The slowing global economy and falling exports slowed growth to 3.3% in 2001, prompting consumer stimulus measures that led to 7.0% growth in 2002. Consumer over-shopping and rising household debt, along with external factors, slowed growth to near 3% again in 2003. Economic performance in 2004 improved to 4.6% due to an increase in exports, and remained at or above 4% in 2005, 2006, and 2007. With the onset of the global financial and economic crisis in the third quarter of 2008, annual GDP growth slowed to 2.3% in 2008 and just 0.2% in 2009. Economists are concerned that South Korea's economic growth potential has fallen because of a rapidly aging population and structural problems that are becoming increasingly apparent. Foremost among these structural concerns are the rigidity of South Korea's labor regulations, the need for more constructive relations between management and workers, the country's underdeveloped financial markets, and a general lack of regulatory transparency. Korean policy makers are increasingly worried about diversion of corporate investment to China and other lower wage countries, and by Korea's falling foreign direct investment (FDI). President Lee Myung-bak was elected in December 2007 on a platform that promised to boost Korea's economic growth rate through deregulation, tax reform, increased FDI, labor reform, and free trade agreements (FTAs) with major markets. President Lee’s economic agenda necessarily shifted in the final months of 2008 to dealing with the global economic crisis. In 2009, the economy responded well to a robust fiscal stimulus package and low interest rates. Forty years of dictatorship, a command economy, the infusion of tons of us aid, the u.s. supplying the military umbrella for s. korea, the u.s. being the 7th. largest trading partner of s. korea put it where it is. There was no free market capitalism or democracy. Now that they have "free market capitalism" (since 1992)they are falling on thier ass as compared to where they were eighteen years ago. At the end of the day the scoreboard always reads that the capitalist countries do better than the communist countries do. That isn’t opinion it is fact. Not according to the u.s. state department which is where I got this data. The articles linked are quite long and probably address most of the "yardsticks" you asked about. Probably???? So you have not even read what you post as support for your position? But, you and I both know you won't even look at them. Now you are also able to read minds and see into the future. The fact you want any proof about the USSR is actually funny as that country no longer exists, You are the one who brought up the ussr as poster child for failure. quote:
government controlled markets have a long history of failure. Look at North Korea vs South Korea, East Germany vs West Germany (back when they were split), or the USSR. I asked you to validate your statements and so far you have been unable to do so.
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