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originally posted by: Blaine91555
a reply to: Assassin82
If the rich become no longer rich, what does that do to the economy as a whole? Stagnation by punishing success will no doubt have a huge negative effect on the economy. Less income getting into wealthy job creators hands, will mean less jobs, less revenue to the federal government and higher debt.
I see the danger as not being so much the income disparity, as it is letting corporations become too large and wield too much power. Think Amazon, Google and the like.
When it comes to education, one of the pitfalls has been a generation of kids that resulted in universities offering courses of study that lead to no job. Producing a crop of people, who would be unemployable under any circumstances, leaving with a degree that is just so much paper and spending huge amounts of borrowed money on worthless degrees. Paying for that worthless education with tax dollars would not change that, it would make it even worse. I’m cool with a free education, but with the stipulation that it’s only free if you take a major in a field that has reasonable job prospects. I’d include trade schools being paid for as part of that and trade schools should be free now. Having a nail gun in their hand for $30 an hour instead of a spatula on their side to flip burgers for minimum wage, just makes sense. That's an investment that will pay back the country with interest, not a waste of time and money creating yet another expert in a field, for which there are no jobs beyond teaching it to someone else, who can't get a job.
The problem with Bernie and most politicians is that he is promising the moon, but he knows he can’t keep those promises. He knows he’s lying for votes. He’s just another person with power, who will do anything to keep that power or gain more. It does not take a math wiz to figure out he can't keep his promises.
The actual problem is that the media is so full of sht in the us that most don’t realize the majority of the population supports most of Bernie’s policies. And every single policy he proposes have been part of the discussion since 50 years ago, and are enacted by every single western industrialized nation other than the us. That’s not radical.
originally posted by: Willtell
The problem with Bernie is he doesn’t realize that he might not sit well with a vast majority of the American people with his radical programs. I personally could agree with some of them.
But first of all, he WILL NOT get any of these radical programs through a US senate controlled by the GOP, even if he got elected.
As for his election. All Trump has to do to beat Bernie, in this electoral college race, is win Florida and Pennsylvania.
Bernie’s tax the middle class for his programs will not sit well with many voters in those swing states he has to win.
originally posted by: burdman30ott6
a reply to: luthier
No, I was opposed to the QE program. My point is that the US debt isn't exactly the same as anyone else's position where debt is concerned. We have a unique status which gets overlooked by the debt hawks too frequently. I was very much in favor of budget cuts across the board a decade ago, when it actually would have mattered. Now, with an additional $12 trillion tacked on to it, we've passed the point where making it a focal point is logical. WE ARE INSOLVENT. We are already to a degree where we can't catch up to the debt payments and carry on normal business, thus we may as well say "screw it" and buttress the military leading in to the eventual conflict with the rest of the globe over our debts and the status of the US Dollar.
Bottom line, that "60%" you belittle still has this nation sitting in the catbird seat. If the US opted to put our foot down, we'd suffer some, but the rest of the world would effectively collapse under our weight, their carcasses keeping the US from ever touching the floor and they'd be pinned there until we decided to stand again. You can hate that fact, claim it's unfair, whatever you wish... but it is a fact.
originally posted by: luthier
Yes you obviously are a Keynesian I prefer Hayek and Milton.
originally posted by: burdman30ott6
originally posted by: luthier
Yes you obviously are a Keynesian I prefer Hayek and Milton.
Good God no, I'm Mises/Rothbard all the way given my druthers. I simply am also acknowledging of the fact that the USA holds all of the cards, making it possible for this country to run the game however we see fit. I think to some degree, however, Keynes got a bad rap. His economic theory actually worked quite well when this country was still on the gold standard, because the gold standard greatly restricted hyperinflation... it was when the US adopted Friedman's ideology of abandoning the gold standard in the 70s that things went to pot.
originally posted by: luthier
The gold standard did no such thing and was subject to people like the rothschilds buying/flooding markets.
But hey..
So why support a bunch of terrible economics by trump?
You know he wants to artificially lower rates, and literally I mean literally is calling for QE?
He is adding more than obama to the debt. More. Without the tarp and recession.
originally posted by: luthier
originally posted by: watchitburn
a reply to: Assassin82
He's a communist.
Communism is incompatible with the United States Constitution. He would be terrible for America.
the movement to have weekends off in the labor movement..socialist
.
originally posted by: luthier
a reply to: Wardaddy454
Labor unions maybe learn some history.
originally posted by: Wardaddy454
originally posted by: luthier
a reply to: Wardaddy454
Labor unions maybe learn some history.
Not in America, at least.
Thank Henry Ford for it. To combat his high turnover rate, he doubled the minimum daily pay from $2.34 to $5 and then set a five eight hour day schedule.
This lit a fire under GM and Chrysler's butts to do the same, or lose employees to FoMoCo. And the big three were THE big game in the country at that time.
originally posted by: burdman30ott6
originally posted by: Wardaddy454
originally posted by: luthier
a reply to: Wardaddy454
Labor unions maybe learn some history.
Not in America, at least.
Thank Henry Ford for it. To combat his high turnover rate, he doubled the minimum daily pay from $2.34 to $5 and then set a five eight hour day schedule.
This lit a fire under GM and Chrysler's butts to do the same, or lose employees to FoMoCo. And the big three were THE big game in the country at that time.
This is true, it also stemmed from Ford's belief that following the industrial revolution, the middle and working class had to have recreational time or they would have no need to purchase much of what the industrialists were selling. In other words, they installed the 8 hour day and 5 workday weeks to expand their customer base, not out of some mentality of socialism.
The feds arguably were working of a pseudo-socialist position when they codified the 44 hour week into law, but it was primarily to combat sky high unemployment at the end of the Great Depression. Factories needed to run 24/7 and it was preferable to pay 3 people to work 3-8 hour shifts over 2 people to work 2-12 hour shifts (or, in some cases, overlapping 16 hour shifts.) because it equaled lowering the overall unemployment numbers.
originally posted by: pexx421
The actual problem is that the media is so full of sht in the us that most don’t realize the majority of the population supports most of Bernie’s policies. And every single policy he proposes have been part of the discussion since 50 years ago, and are enacted by every single western industrialized nation other than the us. That’s not radical.
originally posted by: Willtell
The problem with Bernie is he doesn’t realize that he might not sit well with a vast majority of the American people with his radical programs. I personally could agree with some of them.
But first of all, he WILL NOT get any of these radical programs through a US senate controlled by the GOP, even if he got elected.
As for his election. All Trump has to do to beat Bernie, in this electoral college race, is win Florida and Pennsylvania.
Bernie’s tax the middle class for his programs will not sit well with many voters in those swing states he has to win.
The poll found that Americans initially support “Medicare-for-all,” 56 percent to 42 percent. However, those numbers shifted dramatically when people were asked about the potential impact, pro and con. Support increased when people were told “Medicare-for-all” would guarantee health insurance as a right (71 percent) and eliminate premiums and reduce out-of-pocket costs (67 percent). But if they were told that a government-run system could lead to delays in getting care or higher taxes, support plunged to 26 percent and 37 percent, respectively. Support fell to 32 percent if it would threaten the current Medicare program.