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Tell me, Hawkeye, what you or any conservative politician would do differently to improve America's economic trajectory?
**water cooler bonus: Trade deficits aren't inherently a bad thing.
Trade deficits are a bad thing when other nations hold trillions of dollars of US currency. If not, you are right, we are trading worthless paper for goods. However, when those nations who hold our currency start dumping it, the whole situation unravels rapidly.
1. Repeal NAFTA and China most favored nation trade status
2. adopt corporate tax policies of Japan and Germany which reward exporters who maintain domestic jobs, while relatively punishing imports.
3. lower corporate taxes
4. repeal Obamacare
5. limit class action suits
6. eliminate workman's comp
7. cut buisness regulations which reduce competitiveness of US corps (eliminate the EPA)
8. cut entitlements and mandate a balanced budget amendment to the Constitution.
9. cut all social payments to illegals and enforce our borders.
Shortly after his inauguration, Obama issued an executive order closing Guantanamo, saying that he wanted to "restore the standards of due process and the core constitutional values that have made this country great even in the midst of war, even in dealing with terrorism." Those words still ring true, as does Obama's argument that Guantanamo, which to much of the world symbolizes mistreatment of prisoners, has become a recruiting tool for Al Qaeda.
But closing the facility is opposed by both Democrats and Republicans in Congress. They refuse to accept the administration's assurances that detainees will be held and tried in secure locations, such as a "supermax" prison in Illinois.
Trade deficits are a bad thing when other nations hold trillions of dollars of US currency. If not, you are right, we are trading worthless paper for goods. However, when those nations who hold our currency start dumping it, the whole situation unravels rapidly.
1. Repeal NAFTA and China most favored nation trade status
2. adopt corporate tax policies of Japan and Germany which reward exporters who maintain domestic jobs, while relatively punishing imports.
3. lower corporate taxes
4. repeal Obamacare
5. limit class action suits
6. eliminate workman's comp
7. cut buisness regulations which reduce competitiveness of US corps (eliminate the EPA)
8. cut entitlements and mandate a balanced budget amendment to the Constitution.
9. cut all social payments to illegals and enforce our borders.
There you go- that is a start.
Alright...I'm going to need for you to order this book on Amazon ASAP. It is the textbook assigned to most college freshmen in their introductory econ macro and micro courses.
Before you start giving policy recommendations, you should at the very least know about money multipliers, kinked demand curves, and interest parity.
Tell me, Hawkeye, what you or any conservative politician would do differently to improve America's economic trajectory?
**water cooler bonus: Trade deficits aren't inherently a bad thing.
Quote:
Originally Posted by hawkeye2009
Trade deficits are a bad thing when other nations hold trillions of dollars of US currency. If not, you are right, we are trading worthless paper for goods. However, when those nations who hold our currency start dumping it, the whole situation unravels rapidly.
1. Repeal NAFTA and China most favored nation trade status
2. adopt corporate tax policies of Japan and Germany which reward exporters who maintain domestic jobs, while relatively punishing imports.
3. lower corporate taxes
4. repeal Obamacare
5. limit class action suits
6. eliminate workman's comp
7. cut buisness regulations which reduce competitiveness of US corps (eliminate the EPA)
8. cut entitlements and mandate a balanced budget amendment to the Constitution.
9. cut all social payments to illegals and enforce our borders.
There you go- that is a start.
1. Repeal NAFTA and China most favored nation trade status
unless you're willing to add a tariff to Chinese goods, that aint going to work.
2. adopt corporate tax policies of Japan and Germany which reward exporters who maintain domestic jobs, while relatively punishing imports.
Good. That's what the Democrats want too but the Republicans in the House are halting any legislation that curtails companies from outsourcing overseas.
3. lower corporate taxes
Many of the big companies already don't pay any taxes. Besides, while U.S. rates are high, the effective rate -- the rate they actually pay, is low. Besides, besides, there is no evidence -- as in zero, that lowering corporate rates more will do anything but fatten corporate profits. Why would companies hire more people that they don't need just because they got lower taxes?
4. repeal Obamacare
The Patient Protection and Affordable Care Act saves the government money, lowers the rate at which costs rise and saves corporations money. It's a good thing.
5. limit class action suits
Is that really a significant cost to business? Shouldn't corporations that harm people compensate them? Why do we want to send the corporations a message that they can be irresponsible and get away with it?
6. eliminate workman's comp
So, if you get hurt on the job you're just **it out of luck?
7. cut buisness regulations which reduce competitiveness of US corps (eliminate the EPA)
Example please? Maybe environmental regulations, so we can have green and red water like in China?
8. cut entitlements and mandate a balanced budget amendment to the Constitution.
Ahh, so people who paid into Social Security all their lives shouldn't get what they were promised? Doesn't sound very conservative. Balanced budget amendment: What happens if there is a war? If we had a Balanced budget amendment during WWII, those alive would be speaking German. Balancing the budget is exactly what Hoover did during the depression with disastrous results. FDR deficit spent to reverse the depression and it worked.
According to some fascinating new economic research, Is Employer-Based Health Insurance A Barrier To Entrepreneurship?, there's an unexpectedly large numbers of Americans becoming entrepreneurs within months of qualifying for Medicare (over and above those you would expect to become entrepreneurs because they were fired, forcibly retired, etc.) The reason: They now have the security of healthcare, so they can take the risk of starting private companies. It's just one of the MANY, MANY ways in which a vigorous public and private sector support each other to create a successful economy that can't occur when there's only one or the other.
Recently, a massive survey of global entrepreneurship identified the number #1 nation for entrepreneurial climate as... get this: DENMARK, which has massive public expenditures for education and health.
9. cut all social payments to illegals and enforce our borders.
How much does that come to? I'd wager it's not significant.
Obama was not simply at the right place at the right time.
Obama, as President, made the RIGHT DECISIONS at the RIGHT TIME.
In contrast, Bush had SEVEN YEARS to kill Bin Laden, and FAILED during the entire SEVEN YEARS.
The CIA and other agencies said it took EIGHT years to build up this level of intelligence to finally have a real fix on UBL.
Obama was at the right place at the right time. To use this as an election platform for him instead of just honoring the day of national victory is very sad.
The CIA and other agencies said it took EIGHT years to build up this level of intelligence to finally have a real fix on UBL.
Obama was at the right place at the right time. To use this as an election platform for him instead of just honoring the day of national victory is very sad.
Exacty! You hit the nail on the head.
I am very proud of the U.S military and their successful mission.For Obama to try and use this event for political gain is grotesque.
The CIA and other agencies said it took EIGHT years to build up this level of intelligence to finally have a real fix on UBL.
Obama was at the right place at the right time. To use this as an election platform for him instead of just honoring the day of national victory is very sad.
It took eight years to win WWII. It makes no sense that it took eight years to find Bin Laden. Where did one hear that it took 8-years?
Paul Krugman had the right message, "Good, and good riddance. But it’s hard to see how it changes anything important."
The CIA and other agencies said it took EIGHT years to build up this level of intelligence to finally have a real fix on UBL.
Obama was at the right place at the right time. To use this as an election platform for him instead of just honoring the day of national victory is very sad.
It boggles my mind how the demwits are acting as if Obama was soley responsible for this!
I know they consider him their anointed one and probably believe he walks on water....but they can't erase the years this effort has been in place - years when Obummer was not in charge.
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He wouldn't have had GW's cowboy guts. He's the last great American President.
