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meloshouldgo
Posts: 26565 Alba Posts: 0 Joined: 5/3/2014 Member: #5801 |
![]() If a child asks you why the sky is blue, you can look her or him in the eye and say, it's because of the quantum effect involving Rayleigh scattering combined with lack of violet photon receptors in our retina - Phil Plait Science has an answer for natural phenomenon,where it completely failed us is in economics. There's a lot of grey in economics and a LOT of NOISE. I am trying to respond to Knickoftime's question about whether Trump's any better that HRC when it comes to economics - The easy answer is it depends. We don't know what he will end up doing and we can't judge him on it yet. But it's the offseason and we can make **** up to keep the flow going - so let's see where Trump stacks up against HRC on economic issues. I will start with the some background so we have foundation of what I consider to be right wing philosophy. For good or bad the US seems to have embraced Neoliberal Dogma as religion. What is neoliberal dogma? Again the correct answer is no one knows - but here's what Wikipedia says(I like Wikipedia, because they write their stuff in English as opposed to Wall Street jargon) Neoliberalism (neo-liberalism)refers primarily to the 20th-century resurgence of 19th-century ideas associated with laissez-faire economic liberalism. These include economic liberalization policies such as privatization, fiscal austerity, deregulation, free trade and reductions in government spending in order to increase the role of the private sector in the economy and society. These market-based ideas and the policies they inspired constitute a paradigm shift away from the post-war Keynesian consensus which lasted from 1945 to 1980. [The latter italicized part is where government policy has role to play in economics Now the neoliberalist high priests and priestesses (Ann Coulter comes to mind) will tell you wealth is created by Clever business people who came along and found ways to add value to the natural resources around us, by extracting them for use in industrial processes. Thanks to the invisible hand of unfettered markets (keep governments small enough to drown in a bathtub and only allow regulations that support the hoarding of wealth by holders of financial capital), this “value add” creates wealth in the form of rising GDP and the creation of jobs. All you have to do is let the wealth “trickle down” from the super rich as they pile up increasingly huge masses of money.- HORSE$HIT in my opinion and it reads like primary right wing gobbledygook Argentina is a great example of what happens to a "neoliberal" state (again from Wiki) Argentina Before you can understand what is wealth creation, let's try to define what is wealth - Science says the total amount of matter and energy are constant in the universe, the physics of economic systems requires that we acknowledge a basic truth; that wealth arises from the natural world. It is part of nature. And yet, the Neoliberal Story presumes separation of markets from the natural environment. Wealth "creation" defined by the Neoliberals is not creation at all it is merely a transfer of value from one player in the economy to another. The history of modern capitalism can be traced back to England English Common Lands were forcibly privatised due to Acts passed by the British Parliament. What was created was POVERTY and some wealth was transferred from the rightful owners to the greedy pigs. Sound familiar? OK now that we have seen what "Neoliberalism" is, we can look at how it played out in US politics (again the wiki obliges us) United States Funny how that Glass-Stegall thing keeps showing up like bad penny, huh? But let's keep moving on to more recent politicins and see how the rate on the Neoliberalism score? (I will use +1 for core neo-lib position support, -1 for the opposite and zero for largely left alone) HRC - Free Trade (+1), Deregulation (+1), Govt Spending cuts (0?), Tax Cuts(+0.5) : Score +2.5** That's all I have time for, and I hope KOT wont chop this up line by line in his response. ** Clinton was one of 69 Senators who voted for the disastrous American Jobs Creation Act, which included a repatriation holiday for corporations. This holiday turned out to be a debacle. The lavish tax breaks it gave to multinational corporations did not lead to any job creation and gave companies a green light to stash even more of their profits offshore to avoid taxes in hopes of receiving another holiday in the future. I cannot teach anybody anything. I can only try to make them think - Socrates
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nixluva
Posts: 56258 Alba Posts: 0 Joined: 10/5/2004 Member: #758 USA |
![]() Here's the thing. HRC would be under a different atmosphere with the Democratic Party compared even to how things were under Obama. The Dems have moved further left due in part to Bernie successfully debating and pushing Progressive Ideals. There's no way that she would've been able to ignore these things. It's just not logical that at least SOME of the things Progressives were looking for would be on the agenda. There's NO WAY there there would've been ZERO Free Trade but they could've worked to make sure it was the best possible deal for the U.S. Contrary to what some think Free Trade does actually benefit American business too. There are jobs that benefit from it.
Now sure you can talk about Trump's rhetoric around Free Trade but he's the complete opposite of what Republicans in Congress want in terms of Free Trade. I believe Congress would push Trump back to the Right when it comes to Free Trade. Trump is spending all his time cancelling all the things Obama did with a malicious and thoughtless approach. He's simply not good for the country and just cuz someone may like his rhetoric around Protectionist Policies that doesn't supercede all his other severe flaws. In so many areas Trump is a F'n Train Wreck!!! President Trump has repeatedly argued that he’s done more than any other recent president. That’s not true, as measured by the amount of legislation he’s been able to sign. It is true, though, that Trump has undone a lot of things that were put into place by his predecessors, including President Barack Obama.https://www.washingtonpost.com/news/politics/wp/2017/08/24/what-trump-has-undone/?utm_term=.0578fcfa87c0 |
nixluva
Posts: 56258 Alba Posts: 0 Joined: 10/5/2004 Member: #758 USA |
![]() https://www.washingtonpost.com/amphtml/politics/trumps-business-sought-deal-on-a-trump-tower-in-moscow-while-he-ran-for-president/2017/08/27/d6e95114-8b65-11e7-91d5-ab4e4bb76a3a_story.html
Trump’s business sought deal on a Trump Tower in Moscow while he ran for president |
nixluva
Posts: 56258 Alba Posts: 0 Joined: 10/5/2004 Member: #758 USA |
![]() meloshouldgo wrote:nixluva wrote:meloshouldgo wrote:nixluva wrote:meloshouldgo wrote:nixluva wrote:Here's the thing. HRC would be under a different atmosphere with the Democratic Party compared even to how things were under Obama. The Dems have moved further left due in part to Bernie successfully debating and pushing Progressive Ideals. There's no way that she would've been able to ignore these things. It's just not logical that at least SOME of the things Progressives were looking for would be on the agenda. There's NO WAY there there would've been ZERO Free Trade but they could've worked to make sure it was the best possible deal for the U.S. Contrary to what some think Free Trade does actually benefit American business too. There are jobs that benefit from it. I suggest you go down to HRC website and look at all the very Liberal Policies she was proposing. It sounds ridiculous to try and suggest she doesn't have Liberal Policies. No what you're doing is limiting the argument to just a very select set of economic policies as if that's all that matters. Most Progressives do in fact care about more than your favorite few issues. Of course the former Obama voters that went Trump this time probably think just like you and focused mostly on the Economic issues. https://www.hillaryclinton.com/issues/ Bernie and HRC have a lot in common in terms of Policies |
GustavBahler
Posts: 42231 Alba Posts: 15 Joined: 7/12/2010 Member: #3186 |
![]() https://www.theguardian.com/business/2017/aug/27/should-the-rich-be-taxed-more-a-new-paper-shows-unequivocally-yes
Should the rich be taxed more? A new paper shows unequivocally yes | Larry Elliott |
HofstraBBall
Posts: 27704 Alba Posts: 1 Joined: 11/21/2015 Member: #6192 |
![]() Knickoftime wrote:meloshouldgo wrote:TheGame wrote:At least he is consistent. Rather than avoid another political issue, Trump goes and pardons the former sheriff in Arizona. Trump is the trainwreck that won't stop until he destroys the republican party. The democrats need to get focused on a message directed at the economy (which the Democrats and Obama are responsible for improving from the disaster that was George Bush and the republicans). Democrats, stop focusing on race and civil rights and explain to people why democratic policies will create jobs and balance the budget. Cutting taxes is not the answer and the democrats need to do a better job explaining that. Clinton focused to much on what a bad person Trump was and not enough about how Obama's policies got us out of the worse depression since the Great depression. Most likely the fact Trumps presidency has made the stock market steadily go up since 2009. Not Obama. Or the fact it has created so many jobs. Not Obama. Love when people that have a little bit of education think they know so much but instead just articulate their ignorance better. https://www.thebalance.com/job-creation-by-president-by-number-and-percent-3863218 http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years Sorry, was I just talking politics? Never again! 'Knicks focus should be on players that have grown up playing soccer or cricket' - Triplethreat 8/28/2020
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