Economics for Estring

Economics for Estring (Full Version)

All Forums >> [Casual Banter] >> Off the Grid

Message

Kedicat -> Economics for Estring (9/21/2006 1:42:48 AM)
The GDP in the US rises. Hooray hurahhhh!!!! The national debt also increases. The average household debt also increases. The average savings rate goes negative. Job creation is stagnant or declining. The average wage for the non rich is stagnant and falls behind inflation. The trade balance increases to it's highest levels month after month. Factories close. One of the biggest powerhouses of the economy is financial institutes. Animals of debt and paper wealth. The GDP is now meaningless. It is financed by debt, not selling but selling off and selling out. The bills, personal and national are payed by yet more credit, held by mostly foreigners. The energy is provided by foreigners, payed for on credit. The goods are bought from foreigners, on credit. And more and more of the profits are taken by multinational corporations waving the US flag but keeping the cash offshore and out of the tax base and economy. It isn't just the US that is on this road. The US just built it and are very far down it. So far the rest of the world is holding onto the paper, but it won't be forever. There are no goldrushes in the US's future to get back out of the hole. Even if there were. It is all setup to be skimmed off before it can be put to real use and security of the country and it's economy. You've been royaly screwed. And cheered the Kings as they did you. And still cheer.

Kedicat -> RE: Economics for Estring (9/21/2006 1:49:16 AM)
I should not have put an individuals nic in the thread title. Apologies. I have emailed the moderator to try and have that changed.

Chaingang -> RE: Economics for the Dummy (9/21/2006 2:03:42 AM)
Obviously by changing the thread title to "Economics for the Dummy." I know you were expecting something else, but that title represented copyright infringement.

Kedicat -> RE: Economics for the Dummy (9/21/2006 3:07:14 AM)
hehe

UtopianRanger -> RE: Economics for Estring (9/21/2006 3:14:47 AM)
quote: ORIGINAL: Kedicat The GDP in the US rises. Hooray hurahhhh!!!! The national debt also increases. The average household debt also increases. The average savings rate goes negative. Job creation is stagnant or declining. The average wage for the non rich is stagnant and falls behind inflation. The trade balance increases to it's highest levels month after month. Factories close. One of the biggest powerhouses of the economy is financial institutes. Animals of debt and paper wealth. The GDP is now meaningless. It is financed by debt, not selling but selling off and selling out. The bills, personal and national are payed by yet more credit, held by mostly foreigners. The energy is provided by foreigners, payed for on credit. The goods are bought from foreigners, on credit. And more and more of the profits are taken by multinational corporations waving the US flag but keeping the cash offshore and out of the tax base and economy. It isn't just the US that is on this road. The US just built it and are very far down it. So far the rest of the world is holding onto the paper, but it won't be forever. There are no goldrushes in the US's future to get back out of the hole. Even if there were. It is all setup to be skimmed off before it can be put to real use and security of the country and it's economy. You've been royaly screwed. And cheered the Kings as they did you. And still cheer. Gents.... I'm not sure if it’s entirely fair to single out Estring. The problem is chronic.....many folks on this message board hear the phrase over and over ''The Bush Tax cuts are good for the economy'' or '' Outsourcing is a good thing '' - Then they re-parrot it over and over without ever having done any research themselves - As long as the guy is authoritative and has a nice suit on...they trust and believe-in whatever comes off the tube. Now.... let me offer up a personal opinion : Low taxes and tax cuts are a great thing!!!!!! But in a ever-shrinking, outsourced, economy, that's actually morphing from an industrialized, manufacturing based one to that of a lower wage service economy; where the size of the government and its spending capacity is growing by leaps and bounds - Tax cuts are terrible and only stand to enlarge the deficit!!!!!! Now in all fairness, let me also correct something else I've seen parroted quite a few times here : Many think that during the Clinton era, Clinton actually made a dent in the deficit by paying it down a little - Very true But paying the deficit down doesn't equate to squat when you have a MASSIVE trade imbalance and you continue down the path of outsourcing whole sectors of our economy to slave-driven China and the third world. When you are at the very top.....the practice of outsourcing only knocks you down notch by notch until you are close to or equal with whom the product is being outsourced to - It's only logical - think about it. Remember....logic is a tool….use it!! [;)] – Outsourcing to slave-driven China and the third world only serves the MASTERS! - It's BAD! - No matter what Hannity or Bill OReilly tells you. - R

Chaingang -> RE: Economics for Estring (9/21/2006 4:16:24 AM)
Without a thriving middle-class the U.S. is a failed experiment.

Kedicat -> RE: Economics for Estring (9/21/2006 4:18:28 AM)
quote: ORIGINAL: Chaingang Without a thriving middle-class the U.S. is a failed experiment. And an informed and politically active middle class. Canada is sadly going the same way......Advertising works.

KenDckey -> RE: Economics for Estring (9/21/2006 4:56:14 AM)
Kidicat I just have one question. Why was it a good thing when Kennedy (a democrat) administration reduced taxes and a bad thing when Bush (a republican) administration did it?

Kedicat -> RE: Economics for Estring (9/21/2006 5:04:19 AM)
quote: ORIGINAL: KenDckey Kidicat I just have one question. Why was it a good thing when Kennedy (a democrat) administration reduced taxes and a bad thing when Bush (a republican) administration did it? Oh. Another intellectual in depth retort. Gee I think I will rush right off and do a whole lot of investigation so I can present a full set of the economic facts of the time to refute your inciteful comment. Hmmmmm an off the cuff rebuttal...those where pretty much boom times. And I mean real growth and such. Take a look at the economic trends of the US in the decades from the second world war untill after reagonomics.

Chaingang -> RE: Economics for Estring (9/21/2006 5:08:30 AM)
Straw man and false dichotomy in one go there. Well done!

philosophy -> RE: Economics for Estring (9/21/2006 5:09:46 AM)
"Why was it a good thing when Kennedy (a democrat) administration reduced taxes and a bad thing when Bush (a republican) administration did it?" ....without getting into the personal (not helpful), tax cuts mean different things depending not on who enacts them, but when........even without going to figures i can guess that the economy was in a different phase when Kennedy and Bush cut taxes. To compare the acts is a false comparison.....probably. On a broader point i'm not sure it's helpful to keep going back to the republican/democrat dichotomy. Politics is bigger than any two parties. Defending one position by pointing at someone elses is playground stuff.

Kedicat -> RE: Economics for Estring (9/21/2006 5:10:59 AM)
Also. Kennedy put forth a challenge to grow and achieve. He had the vision to make achievment a goal in itself. That can fire people to use that tax break to really grow. Instead of hoard and war. Kennedy was a reflection of the best of America. He was not soft nor smug. And he saw achievment in terms of better, not just more.

UtopianRanger -> RE: Economics for Estring (9/21/2006 5:29:11 AM)
quote: ORIGINAL: Kedicat quote: ORIGINAL: KenDckey Kidicat I just have one question. Why was it a good thing when Kennedy (a democrat) administration reduced taxes and a bad thing when Bush (a republican) administration did it? Oh. Another intellectual in depth retort. Gee I think I will rush right off and do a whole lot of investigation so I can present a full set of the economic facts of the time to refute your inciteful comment. Hmmmmm an off the cuff rebuttal...those where pretty much boom times. And I mean real growth and such. Take a look at the economic trends of the US in the decades from the second world war untill after reagonomics. Your rebuttal is correct in my opinion. If this thread is still going when I get back to my office later today, I will locate a comparison graph that characterizes the deficit in accordance to the trend of the GDP at the time of Kennedy's presidency vs. the trend and the same statistics during the Bush presidency now - The nation was on huge upswing with regard to production. If my memory serves me correctly, at the time of boon and bust cycle during the great depression, the deficit was 275 percent of what the nation produces in goods and services. Right now, the figure is very close to 300 percent of what we produce in goods and services - So if that doesn't tell you something when you take into consideration the type of job creation we are experiencing, I'd say you're in a whole lota trouble. - R

KenDckey -> RE: Economics for Estring (9/21/2006 5:33:25 AM)
quote: ORIGINAL: Kedicat quote: ORIGINAL: KenDckey Kidicat I just have one question. Why was it a good thing when Kennedy (a democrat) administration reduced taxes and a bad thing when Bush (a republican) administration did it? Oh. Another intellectual in depth retort. Gee I think I will rush right off and do a whole lot of investigation so I can present a full set of the economic facts of the time to refute your inciteful comment. Hmmmmm an off the cuff rebuttal...those where pretty much boom times. And I mean real growth and such. Take a look at the economic trends of the US in the decades from the second world war untill after reagonomics. It was an honest question Apparently you are not into honesty. now please answer the question.

KenDckey -> RE: Economics for Estring (9/21/2006 5:35:24 AM)
quote: ORIGINAL: philosophy "Why was it a good thing when Kennedy (a democrat) administration reduced taxes and a bad thing when Bush (a republican) administration did it?" ....without getting into the personal (not helpful), tax cuts mean different things depending not on who enacts them, but when........even without going to figures i can guess that the economy was in a different phase when Kennedy and Bush cut taxes. To compare the acts is a false comparison.....probably. On a broader point i'm not sure it's helpful to keep going back to the republican/democrat dichotomy. Politics is bigger than any two parties. Defending one position by pointing at someone elses is playground stuff. Thank you. the only thing I hear is it is the republicans following their masters lead so to speak. I really don't understand the difference of the times, parties, politics, etc involved.

KenDckey -> RE: Economics for Estring (9/21/2006 5:37:28 AM)
quote: ORIGINAL: Kedicat Also. Kennedy put forth a challenge to grow and achieve. He had the vision to make achievment a goal in itself. That can fire people to use that tax break to really grow. Instead of hoard and war. Kennedy was a reflection of the best of America. He was not soft nor smug. And he saw achievment in terms of better, not just more. I think I have heard some of those same words from Bush. Even some of the same challenges like going back to the moon, etc. Almost like it was copied from the Kennedy playbook

KenDckey -> RE: Economics for Estring (9/21/2006 5:40:55 AM)
quote: ORIGINAL: UtopianRanger quote: ORIGINAL: Kedicat quote: ORIGINAL: KenDckey Kidicat I just have one question. Why was it a good thing when Kennedy (a democrat) administration reduced taxes and a bad thing when Bush (a republican) administration did it? Oh. Another intellectual in depth retort. Gee I think I will rush right off and do a whole lot of investigation so I can present a full set of the economic facts of the time to refute your inciteful comment. Hmmmmm an off the cuff rebuttal...those where pretty much boom times. And I mean real growth and such. Take a look at the economic trends of the US in the decades from the second world war untill after reagonomics. Your rebuttal is correct in my opinion. If this thread is still going when I get back to my office later today, I will locate a comparison graph that characterizes the deficit in accordance to the trend of the GDP at the time of Kennedy's presidency vs. the trend and the same statistics during the Bush presidency now - The nation was on huge upswing with regard to production. If my memory serves me correctly, at the time of boon and bust cycle during the great depression, the deficit was 275 percent of what the nation produces in goods and services. Right now, the figure is very close to 300 percent of what we produce in goods and services - So if that doesn't tell you something when you take into consideration the type of job creation we are experiencing, I'd say you're in a whole lota trouble. - R I was in HS when Kennedy was killed and definately don't know the economics of the times except I was poor. A graph, chart, etc would be useful. You could even e-mail it to me. I am looking for answers, not retoric

KenDckey -> RE: Economics for Estring (9/21/2006 5:44:13 AM)
What amazes me is when asked a direct and pointed question asking a specific question they get attacked. I wonder why that is? I can see opinions being attacked. I can see facts being disputed. But questions? I think that is beneith most of us

philosophy -> RE: Economics for Estring (9/21/2006 5:45:25 AM)
"I think I have heard some of those same words from Bush. Even some of the same challenges like going back to the moon, etc. Almost like it was copied from the Kennedy playbook" ...i've noticed that too.......but when you compare a Kennedy speech with a Bush one, you can at least see that Kennedy actually understands what he's saying and may well have written it.........

KenDckey -> RE: Economics for Estring (9/21/2006 5:48:21 AM)
quote: ORIGINAL: philosophy "I think I have heard some of those same words from Bush. Even some of the same challenges like going back to the moon, etc. Almost like it was copied from the Kennedy playbook" ...i've noticed that too.......but when you compare a Kennedy speech with a Bush one, you can at least see that Kennedy actually understands what he's saying and may well have written it......... I will agree that I also think that Kennedy understood what he was talking about.

Page: [1] 2 3 next > >>

Collarchat.com © 2025

Terms of Service

0.03125