Why Trump Covers for Russian Cyber Attacks

#52
#52
I actually agree with you here. More importantly they're 1000x smarter

Yet people want to complain about the price of goods from China. WGAF. Market ecomonies adapt and at some point it is more profitable to produce for your own market rather than import, resulting in job income growth, which will allow you the ability to purchase what you are producing. We consume, so lets produce what we consume as the world's biggest consummer.

How many trillions we going to spend now on Pacific Asia defense? Impact of tarriffs is laughable.
 
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#53
#53
Carter was fiscally conservative. Reagan was not. His 1983 recession was considered at the time to be the worst since WWII. The Republican mantra of balancing the budget while cutting taxes and increasing defense spending was bold-faced hypocrisy. Reagan's supply side, "voodoo economics," began a long transfer of money from the middle class to the wealthiest top one percent which continues to this day. Those are economic facts. Reagan's successor, Bush 41, was left to face its consequences. You can argue that Reagan's defense spending was necessary, but it is simply wrong to argue that his economic and tax policies created sustainable growth with middle class prosperity.

How about some facts. It was a 1980-1982 recession, indisputibly caused by Reagan's predecessors inabaility to control inflation. By 1983 it was recovering and middle class USA loved him.
 
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#54
#54
Carter was fiscally conservative. Reagan was not. His 1983 recession was considered at the time to be the worst since WWII. The Republican mantra of balancing the budget while cutting taxes and increasing defense spending was bold-faced hypocrisy. Reagan's supply side, "voodoo economics," began a long transfer of money from the middle class to the wealthiest top one percent which continues to this day. Those are economic facts. Reagan's successor, Bush 41, was left to face its consequences. You can argue that Reagan's defense spending was necessary, but it is simply wrong to argue that his economic and tax policies created sustainable growth with middle class prosperity.

Lol, yes carter was a economic genius. Those long gas lines were good for the economy. Fact the tax cuts went along way in allowing businesses to create jobs. You do understand that more businesses that get started, more people become wealthy who takes those chances. No, its not accurate at all. Wealth expanded under Reagan.
 
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#56
#56
Yet people want to complain about the price of goods from China. WGAF. Market ecomonies adapt and at some point it is more profitable to produce for your own market rather than import, resulting in job income growth, which will allow you the ability to purchase what you are producing. We consume, so lets produce what we consume as the world's biggest consummer.

How many trillions we going to spend now on Pacific Asia defense? Impact of tarriffs is laughable.

And multiple companies are deemphasizing China and moving more and more production to Vietnam and Taiwan as the cost of Chinese labor and protection of trade secrets continues to rise.

I'd gladly pay a little more to make sure Americans have those jobs, and I believe the costs would ultimately end up lower overall.
 
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#57
#57
Carter was fiscally conservative. Reagan was not. His 1983 recession was considered at the time to be the worst since WWII. The Republican mantra of balancing the budget while cutting taxes and increasing defense spending was bold-faced hypocrisy. Reagan's supply side, "voodoo economics," began a long transfer of money from the middle class to the wealthiest top one percent which continues to this day. Those are economic facts. Reagan's successor, Bush 41, was left to face its consequences. You can argue that Reagan's defense spending was necessary, but it is simply wrong to argue that his economic and tax policies created sustainable growth with middle class prosperity.
Exactly. The government spending during the Reagan years is what made trickle down economics look somewhat successful. It’s a failed policy that Trump copied from Reagan, much like the failed policy of branding anyone that disagreed with him as radical or socialist from McCarthy, and the America First mantra from racists during the Woodrow Wilson era.
 
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#58
#58
Yet you support the party who loves china.
Yet, no I don't. I am an independent. You're far too quick to speculate without reason. Not supporting Trump doesn't make me a Democrat. I want nothing to do with either party. I get that type of thinking is unthinkable in your narrow hallway
 
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#59
#59
And multiple companies are deemphasizing China and moving more and more production to Vietnam and Taiwan as the cost of Chinese labor and protection of trade secrets continues to rise.

I'd gladly pay a little more to make sure Americans have those jobs, and I believe the costs would ultimately end up lower overall.

Lets face it. We have become a corporatocracy with the political elite in their pocket. They get rich and more powerful and would not give 2C (where is that cents key on a keyboard BTW) as far as our own national interests. Yet we get to experience protests for $15 workers at fast food as our answer as China brings millions out of poverty at our expense.
 
#60
#60
Lets face it. We have become a corporatocracy with the political elite in their pocket. They get rich and more powerful and would not give 2C (where is that cents key on a keyboard BTW) as far as our own national interests. Yet we get to experience protests for $15 workers at fast food as our answer as China brings millions out of poverty at our expense.
I agree with most of this post. 15/HR fast food jobs doesn't have a damn thing to do with an appropriate response to jobs going to China. That's a totally different matter
 
#61
#61
I agree with most of this post. 15/HR fast food jobs doesn't have a damn thing to do with an appropriate response to jobs going to China. That's a totally different matter

Sure it does. Those are entry jobs for kids, not to make a living. 50 years ago these citizens would be making tangible stuff, not burgers,
 
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#62
#62
Sure it does. Those are entry jobs for kids, not to make a living. 50 years ago these citizens would be making tangible stuff, not burgers,
No it doesn't have a damn thing to do with corporations sending manufacturing jobs to China. You're conflating two entirely different issues in regards to our relationship with China
 
#63
#63
Lol, yes carter was a economic genius. Those long gas lines were good for the economy. Fact the tax cuts went along way in allowing businesses to create jobs. You do understand that more businesses that get started, more people become wealthy who takes those chances. No, its not accurate at all. Wealth expanded under Reagan.

The long gas lines I remember resulted from the quadrupling of gas prices in 1973 and then the OPEC oil embargo, which were responses of OPEC to U.S. policy supporting Israel. If you are talking about something else, then you need to explain yourself. Blame the Democrats does not cut the mustard. Economic Facts: Companies increase hiring and production when they expect increase in demand for their products. Cutting the owner's taxes does not increase demand for his products. Demand increases when consumers have more money to spend. Cutting taxes on the top tax bracket does not put more money in the pockets of consumers, and it does not create more startup businesses. Republican tax policy is written for the benefit of large international corporations and the very wealthy, not for startup businesses who are not able to budget tax lobbyists and expensive tax attorneys. Reagan's policies spurred speculation of the "boom and bust" business cycle, not sustainable growth for a healthy middle class. This during a period when labor productivity increased dramatically.
Wealth-Shares-Since-1980.jpg
 
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#64
#64
Sure it does. Those are entry jobs for kids, not to make a living. 50 years ago these citizens would be making tangible stuff, not burgers,

They may be entry level jobs for kids, but when I lost my job this summer I wasn't the only PhD applying for fast food jobs. My wife is still looking for a new job and may end up in that boat - no one is hiring teacher aides and writing coaches during the pandemic.
 
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#65
#65
No it doesn't have a damn thing to do with corporations sending manufacturing jobs to China. You're conflating two entirely different issues in regards to our relationship with China

Yet you have provided no rebute other than throwing out "damns". It is a macro issue.
I am open to your comments. Seriously.
 
#66
#66
They may be entry level jobs for kids, but when I lost my job this summer I wasn't the only PhD applying for fast food jobs. My wife is still looking for a new job and may end up in that boat - no one is hiring teacher aides and writing coaches during the pandemic.

And it is/was temporary under normal ecomomic circumstance.
 
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#67
#67
Yet you have provided no rebute other than throwing out "damns". It is a macro issue.
I am open to your comments. Seriously.
Most older adults working in the service industry aren't likely the type, for a myriad of reasons, to work in manufacturing
 
#68
#68
How about some facts. It was a 1980-1982 recession, indisputibly caused by Reagan's predecessors inabaility to control inflation. By 1983 it was recovering and middle class USA loved him.

WIN(Whip Inflation Now) buttons were ginned up during the Ford Administration. I had no trouble finding work in 1980. By 1983, the unemployment rate in my home county was 15%. In that year, oil drillers shut down thousands of their drilling rigs in the Gulf of Mexico.
 
#69
#69
Most older adults working in the service industry aren't likely the type, for a myriad of reasons, to work in manufacturing

That is fair, but seemingly the poor uneducated class built this nation decades ago thru hard work, purchased homes and raised families on the product they produced. With the current situation, McDonald employees better sell a crapload of $10 burgers.
 
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#70
#70
That is fair, but seemingly the poor uneducated class built this nation decades ago thru hard work, purchased homes and raised families on the product they produced. With the current situation, McDonald employees better sell a crapload of $10 burgers.

Those "uneducated" workers did a damn fine job, too. And they were rewarded well for it. We need to bring that type of craftsmanship back to mainstream.

We really screwed over our education system and priorities trying to beat the Ruskies to the moon.
 
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#71
#71
That is fair, but seemingly the poor uneducated class built this nation decades ago thru hard work, purchased homes and raised families on the product they produced. With the current situation, McDonald employees better sell a crapload of $10 burgers.
The giants of fast food can afford to pay a minimum $15/HR and still reap healthy net profits
 
#72
#72
WIN(Whip Inflation Now) buttons were ginned up during the Ford Administration. I had no trouble finding work in 1980. By 1983, the unemployment rate in my home county was 15%. In that year, oil drillers shut down thousands of their drilling rigs in the Gulf of Mexico.

Lag effect of policy. Fed deficts were a result of military spending and monetary policy to control inflation was paramount. The ecomomy boomed under Reagan with a 3.6% GDP average
 
#73
#73
Those uneducated workers did a damn fine job, too. And they were rewarded well for it. We need to bring that type of craftsmanship back to mainstream.

We really screwed over our education system and priorities trying to beat the Ruskies to the moon.
Most hourly manufacturing workers aren't necessarily "uneducated"
 
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#74
#74
Trickle down didn't work. If it had, then worker compensation would have kept track with CEO compensation growth. The growing delta between compensation at the top and bottom ofa company should be more concerning than people treat it as.
 

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