RE: Not Since The Dark Days of Jimmy Carter:

RE: Not Since The Dark Days of Jimmy Carter: (Full Version)

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rulemylife -> RE: Not Since The Dark Days of Jimmy Carter: (8/13/2011 9:10:28 AM)
quote: ORIGINAL: FirmhandKY His massive additions to bureaucracy and regulations, his illegal changes to bankruptcy and other laws (putting his "favs" at the head of the trough, for example, or his extortion of BP), his "gotta pass it to see what's in it" bills and his constant class warfare comments and statements have a lot of people who have the ability to hire people and expand sitting on the sidelines. Class warfare has been going on in this country since Reagan. The gap between the rich and poor continues to widen. But tell me about all the bureaucracy and regulations that are stifling business. I keep hearing about it from conservative commentators and conservatives on this board parroting them but I never hear any details.

FirmhandKY -> RE: Not Since The Dark Days of Jimmy Carter: (8/13/2011 9:22:23 AM)
quote: ORIGINAL: rulemylife quote: ORIGINAL: FirmhandKY His massive additions to bureaucracy and regulations, his illegal changes to bankruptcy and other laws (putting his "favs" at the head of the trough, for example, or his extortion of BP), his "gotta pass it to see what's in it" bills and his constant class warfare comments and statements have a lot of people who have the ability to hire people and expand sitting on the sidelines. Class warfare has been going on in this country since Reagan. The gap between the rich and poor continues to widen. Class warfare has been going on since the beginning of history. Alluding to it being Reagan's fault is a partisan attack. The gap has been widening. The question is "why"? Looking at the historical record is also illuminating. Blaming it simply on the immoral actions of people based on their political orientation is nothing more than failing to ascertain the actual causes so that we might alter the trajectory. quote: ORIGINAL: rulemylife But tell me about all the bureaucracy and regulations that are stifling business. I keep hearing about it from conservative commentators and conservatives on this board parroting them but I never hear any details. Well, truthfully, rml, I don't think you have the desire, nor the capacity to understand the point, so I'm not really interested in digging in and doing a bunch of wasted research on all of my points at this time. Consider it a concession if you wish. Or perhaps you could research a bit yourself, and see what additional things that businesses must do, or will have to do in the immediate future due to laws and bills passed by Congress and signed into law by Obama. It's not hard, really. Firm

Owner59 -> RE: Not Since The Dark Days of Jimmy Carter: (8/13/2011 6:12:52 PM)
quote: ORIGINAL: Sanity "Its like deja-vu, all over again..." quote: U.S. Consumer Confidence Drops to Three-Decade Low Amid Economic Headwinds Confidence among U.S. consumers plunged in August to the lowest level since May 1980, adding to concern that weak employment gains and volatility in the stock market will prompt households to retrench. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment slumped to 54.9 from 63.7 the prior month. The gauge was projected to decline to 62, according to the median forecast in a Bloomberg News survey. The biggest one-week slump in stocks since 2008 and the threat of default on the nation's debt may have exacerbated consumers’ concerns as unemployment hovers above 9 percent and companies are hesitant to hire. Rising pessimism poses a risk household spending will cool further, hindering a recovery that Federal Reserve policy makers said this week was already advancing “considerably slower” than projected. “We’re really at the bottom of the barrel right now,” Lindsey Piegza, an economist at FTN Financial in New York, said before the report. “Americans are feeling an increasing level of frustration with their leaders in Washington. We’re also seeing a slew of weaker than expected economic reports.” http://www.bloomberg.com/news/2011-08-12/u-s-consumer-sentiment-falls-more-than-expected-to-54-9-in-michigan-index.html Maybe Obama doesnt have his boot on the throat of enough American businesses yet? [8\|] So the strategy is to ruin the economy,our credit and the middle-class in order to win elections?!! You`re doing a great job. I thought the Irangate and Plamegate treasons were pretty bad but this takes the cake. That`s about as selfish and maleficent as you can get. Next the cons will be selling us into slavery to the Chinese communists,.......oh wait,that`s already started.

willbeurdaddy -> RE: Not Since The Dark Days of Jimmy Carter: (8/13/2011 8:05:00 PM)
FR A shrinking middle class is the inevitable result of a shift from a manufacturing based economy to a service economy. Its not a plot, its not the greed of bankers and business owners, or the power of some fantasy all powerful group that really runs the world economy. Its simple math. If you want the middle class to grow, bring the fucking manufacturing jobs back. If you want them back then you have to make the US a competitive place to manufacture. There are tremendous inefficiencies in the importing of all of the "stuff" that we farm out elsewhere that make up for standard of living differentials. You can grow the middle class if you just get DC out of the way.

DarkSteven -> RE: Not Since The Dark Days of Jimmy Carter: (8/13/2011 8:12:07 PM)
quote: ORIGINAL: willbeurdaddy FR A shrinking middle class is the inevitable result of a shift from a manufacturing based economy to a service economy. Its not a plot, its not the greed of bankers and business owners, or the power of some fantasy all powerful group that really runs the world economy. Its simple math. If you want the middle class to grow, bring the fucking manufacturing jobs back. If you want them back then you have to make the US a competitive place to manufacture. There are tremendous inefficiencies in the importing of all of the "stuff" that we farm out elsewhere that make up for standard of living differentials. You can grow the middle class if you just get DC out of the way. That's kinda along the lines of thought I've been having. Manufacturing, especially if unionized, provides an opportunity for a LOT of people to hold skilled blue collar jobs that pay decently, and don't require a college degree. Fast food, retail, and other low level service jobs pay basically minimum wage and, while they're fine for a first job, really aren't conducive to a full career. White collar jobs are great, but there are relatively few of them compared to the blue collar jobs in manufacturing.

Edwynn -> RE: Not Since The Dark Days of Jimmy Carter: (8/13/2011 10:17:15 PM)
~FR~ The fundamental economics of the situation is that when the incentive is weighed heavily towards 'financial innovation' and 'accounting innovation' in displacement of engineering innovation, manufacturing will not be the beneficiary here. Anyone seen a lens manufacturer or precision ball bearing company bailed out here lately?

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