U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 09-21-2015, 06:59 AM
 
5,046 posts, read 3,331,835 times
Reputation: 4869

Advertisements

Quote:
Originally Posted by jbgusa View Post
Pretty hard to balance our budget when we have to carry the defense costs of just about every Western style democracy except, maybe, Australia and New Zealand.

These "other countries" with "similar tax rates, far better and more extensive welfare systems, government funded health care, low unemployment and similar living standards" afford all that since we defend them from their enemies, whether the former Soviet Union, Putin's Russia or Islamists.
We don't defend them. We defend our interests.

Those countries don't need our defense. The era of world wars are over. The future holds small conflicts. The days of the massive standing army are ending. The interconnected world economy is seeing to that.

Quote:
Originally Posted by MDrenter223 View Post
The notion that other countries are all glitter and gold is a farce.
Assuming
At the end of the day a bunch of countries can do somethings better than the USA, but not everything. But in comparisons people take a stat from country A, another from B, and a bunch from C-Z and slap them together to say hey, look theses guys are doing A-Z. But they aren't.

You can't come up with many nations that don't run a deficit.
The US doesn't rank number one on really anything positive. We're in the thirties for life expectancy, forties for infant mortality. Education... ugh...

Oh. We're #1 for defense spending or incarcerating citizens.

Quote:
Originally Posted by ncole1 View Post
Lack of political backbone and impulsive voting.

If a politician considers raising taxes, it is political suicide.

If a politician doesn't implement new programs, it is politically damaging.

If a politician wants to reform entitlements or raise retirement age, it gets a lot of backlash.

If a politician wants to shrink the defense budget, someone will cry "terrorist threat"

And don't forget that partisan gridlock has created a situation in which it is difficult to get anything done, never mind measures that many will perceive as hurting __________ . (fill in the blank - some suggestions will include veterans, children, seniors, homeowners, students, small business owners, single parents, minorities...)

and so on.
^^^^
Reply With Quote Quick reply to this message

 
Old 09-21-2015, 07:47 AM
 
Location: Nebraska
4,222 posts, read 6,992,930 times
Reputation: 6603
Quote:
Originally Posted by Raysuxx View Post
Correct me with i'm wrong but the US is in a lot of debit, the most since WWII or something? Why then is it that they can't produce balanced or almost balanced budgets like other countries that have similar tax rates, far better and more extensive welfare systems, government funded health care, low unemployment and similar living standards? I thought military spending may have been a factor, but as % of GDP wise it isn't that significant I thought it's probably not...So what gives, surely with what I've outlined they would be running massive surpluses.
Can you spell c o r r u p t i o n?
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 08:23 AM
 
Location: NYC
11,824 posts, read 7,695,291 times
Reputation: 12814
Quote:
Originally Posted by Raysuxx View Post
Correct me with i'm wrong but the US is in a lot of debit, the most since WWII or something? Why then is it that they can't produce balanced or almost balanced budgets like other countries that have similar tax rates, far better and more extensive welfare systems, government funded health care, low unemployment and similar living standards? I thought military spending may have been a factor, but as % of GDP wise it isn't that significant I thought it's probably not...So what gives, surely with what I've outlined they would be running massive surpluses.
The US has an empire in the financial markets. All countries must buy into the US markets by floating our currencies and pumping more foreign money into our economy. This enables us to keep printing money and borrow as long as foreign nations can keep picking up our debt. The end game is if one day another country overtakes us in the financial market and suddenly our economy is no longer the gold standard.

Which is why the government is waging a war against China in the media.. China is our frenemy because their economy is so strong that it's able to grow while absorbing our debts. The US is trying to hit China in various ways so they can't surpass us in economic power because we want them to keep paying for our meals. At some point China will surpass us and that has some serious ramifications.
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 08:27 AM
 
Location: Ohio
18,012 posts, read 13,243,316 times
Reputation: 13787
Quote:
Originally Posted by baileytinn View Post
Because that's how the elite make their money. It's on purpose.
Show us the math.
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 08:29 AM
 
726 posts, read 664,122 times
Reputation: 1710
Maybe because it's spending 0.7 trillion a year on a ridiculous military budget?
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 08:48 AM
 
87 posts, read 80,177 times
Reputation: 181
Our debt-to-GDP ratio is in line with other developed countries. You're making assumptions based on a false premise.
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 09:33 AM
 
Location: New York Area
13,412 posts, read 5,207,027 times
Reputation: 10758
Quote:
Originally Posted by LordSquidworth View Post
We don't defend them. We defend our interests.

Those countries don't need our defense. The era of world wars are over. The future holds small conflicts. The days of the massive standing army are ending. The interconnected world economy is seeing to that.
That reasoning sounded good until North Vietnam made short work of South Vietnam after our withdrawal. That example may be a bit dated so let's try a few others.
  1. North Korea keeps stirring the pot with South Korea;
  2. Iraq didn't play nicely with the U.N. weapons inspectors - what a surprise;
  3. Russia annexed Crimea in the absence of any credible U.S. threat;
  4. Russia stirs pot in eastern Ukraine in the absence of any credible U.S. threat;
  5. Russia conducts submarine and air "exercises" that threaten Sweden;
  6. Poland, Estonia, Latvia and Lithuania feel threatened by Russia; and
  7. ISIS forms and spreads like a cancer through Levant region
Do you really think the U.S.'s military can stand down?
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 09:54 AM
 
3,041 posts, read 1,697,876 times
Reputation: 3737
Quote:
Originally Posted by LordSquidworth View Post


The US doesn't rank number one on really anything positive.


Any other country with similar population demographics and numbers have such a high per capita gdp?
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 10:05 AM
 
Location: Wisconsin
2,202 posts, read 1,319,282 times
Reputation: 1353
We had a lot of bills?
Reply With Quote Quick reply to this message
 
Old 09-21-2015, 10:14 AM
 
Location: Cypress, CA
353 posts, read 996,348 times
Reputation: 372
Quote:
Originally Posted by jbgusa View Post
That reasoning sounded good until North Vietnam made short work of South Vietnam after our withdrawal. That example may be a bit dated so let's try a few others.
  1. North Korea keeps stirring the pot with South Korea;
  2. Iraq didn't play nicely with the U.N. weapons inspectors - what a surprise;
  3. Russia annexed Crimea in the absence of any credible U.S. threat;
  4. Russia stirs pot in eastern Ukraine in the absence of any credible U.S. threat;
  5. Russia conducts submarine and air "exercises" that threaten Sweden;
  6. Poland, Estonia, Latvia and Lithuania feel threatened by Russia; and
  7. ISIS forms and spreads like a cancer through Levant region
Do you really think the U.S.'s military can stand down?
[*]North Korea keeps stirring the pot with South Korea;
North Korea will not want a war with South Korea. It can't win.
[*]Iraq didn't play nicely with the U.N. weapons inspectors - what a surprise;
We didn't have to invade them.
[*]Russia annexed Crimea in the absence of any credible U.S. threat;
So what? European countries need to spend more on defense.
[*]Russia stirs pot in eastern Ukraine in the absence of any credible U.S. threat;
So what? European countries need to spend more on defense.
[*]Russia conducts submarine and air "exercises" that threaten Sweden;
So what? European countries need to spend more on defense.
[*]Poland, Estonia, Latvia and Lithuania feel threatened by Russia; and
So what? European countries need to spend more on defense.
[*]ISIS forms and spreads like a cancer through Levant region.
If we didn't invade and remove Saddam. There would be no ISIS. We created this problem.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top