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Old 07-17-2011, 01:57 PM
 
6,734 posts, read 9,342,697 times
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Quote:
Originally Posted by OzzyRules View Post
You see it in places like Europe and Asia. Even Canada. All of them are adopting and promoting a conservative economic plan.

How come liberals in the US seem to be the only one's opposed to getting our act together, financially?

What's the deal?
Don't you mean a "more conservative economic plan"
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Old 07-17-2011, 02:15 PM
 
Location: Way,Way Up On The Old East Coast
2,196 posts, read 1,994,806 times
Reputation: 1089
Default ' I Done Tole Dat Ole Otis We Be Ah Savin His Dang Cell & Eatin Aunt Bee's Fried Chickin" ... What !

Quote:
Originally Posted by LookinForMayberry View Post
The "deal" as you put it is that as persons reach a state where they are able to help others, a healthy individual will do so. Most of the world is still seeking to provide themselves with the basic needs in life, so they aren't really considering the "big picture."

Also, the US (until the past couple of decades, thanks to tax cuts and military spending) has enjoyed a higher level of education than most of the world, so they can see situations from a more informed viewpoint.

Of course, not everyone here is healthy, concerned about others, or the big picture, but those of us that are can watch out for their interests, too.
LookingForMayberry !!! ... Good Stuff !

Indeed ... A Mayberry mindset and lifestyle would appear to be a most appealing solution to the acute madness which we are witness to in these tragically unstable times !!!

You last vastly logical paragraph appears to have been taken directly from Sheriff Andy Taylors Book Of Mayberry Rules For Life !!! Jolly Good ! ... Quite !

Cheers / Old Sgt. Lamar
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Old 07-17-2011, 03:29 PM
 
33,387 posts, read 34,847,766 times
Reputation: 20030
Quote:
Originally Posted by MTAtech View Post
Ahem, the narrative that FDR's policies failed is revisionist history.

This mime cannot stand up to even the most basic economic analysis.
It's totally refuted here: The "FDR Failed" Myth
and here: Stop lying about Roosevelt’s record.
yes FDR did have some success with massive government spending, however when that spending stopped, the unemployment rate went right back up from 13% to 25%. FDR made a lot of mistakes during his tenure in office though, raising taxes, massive deficit spending, adding regulations on business, and increasing the size of government. his policies along with his demonizing of business extended the length of the great depression.

Quote:
Originally Posted by pvande55 View Post
And the Smoot-Hawley tariff, held by conservatives as either the cause or an aggravating factor of the 1930's depression, was enacted under Hoover. Of course they don't mention that fact.
really? us conservatives dont mention that hoover was the one that pushed for and signed the smoot-hawley tariff act? check some of my posts on the subject and you will find the you are in fact wrong. many times i have made mention of that fact, and i have also made mention that it also did not do any good for the country, tariff wars seldom do.

if hoover had made the right moves, and let the economy recover naturally in 1929 and 1930, the great depression may never have lasted as long as it did. but hoover also made many mistakes in his tenure in office.
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Old 07-17-2011, 07:43 PM
 
12,918 posts, read 16,867,959 times
Reputation: 5434
The government is currently spending 150% of what it is earning, each and every month. Each month it takes in an average of $200 billion and spends $300 billion.

Liberals: How is that a good plan?

The US doesn't have a revenue shortage. It's got more than enough revenue. This is a SPENDING problem.
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Old 07-18-2011, 08:43 AM
 
3,709 posts, read 4,628,778 times
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Quote:
Originally Posted by jeffredo View Post
"US Liberals" would be considered Conservatives almost anywhere else in the world.
I would revise that to say this: U.S. liberals are considered lunatics inside any sane circle. (The rest of the world is not exactly one of those sane circles.)
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Old 07-18-2011, 09:17 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
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Quote:
Originally Posted by OzzyRules View Post
The government is currently spending 150% of what it is earning, each and every month. Each month it takes in an average of $200 billion and spends $300 billion.

Liberals: How is that a good plan?

The US doesn't have a revenue shortage. It's got more than enough revenue. This is a SPENDING problem.
1) I believe you are including stimulus spending and spending that is directly attributable to the economic downturn (e.g. unemployment benefits). I would agree that if we expected the downturn to remain forever that would be a problem but having a permanent downturn would be worse in itself. I don't believe one should cut aid to the unemployed to reduce the deficit. That would be counter-productive.

Cutting spending in an economic downturn cuts GDP, which reduces employment, which reduces federal revenue, which makes the deficit worse. In macro economic terms, $100 cut in government spending effects GDP by -$100 x the multiplier effect [typically ~1.5]. Thus, cutting government spending by $100 can be expected to drop GDP by $150.

In addition, in this downturn, tax revenue has declined sharply and Obama has cut taxes due to the downturn (e.g. payroll tax holiday.)

There is nothing wrong with deficit spending in a downturn. If one becomes unemployed, there isn't anything wrong with buying a car or buying a new suit to improve one's employment prospects.

2) The tax burden on Americans (Federal, state and local) is lower than at any time since before WWII, and it's the lowest in the Western world (if you exclude tax havens like Monaco). If we didn't also have the highest medical costs in the world we could live within our current tax structure. But we aren't willing to control those, so we need to raise taxes somewhat.

Quote:
Originally Posted by irishvanguard View Post
I would revise that to say this: U.S. liberals are considered lunatics inside any sane circle. (The rest of the world is not exactly one of those sane circles.)
Let me understand your reasoning... The 20% of the hard-core right-wingers in the U.S. (about 50 million people) decide they are the standard of sanity for the 6.7 billion people on Earth. That reminds me of what my mother used to say when I was a child, "you're right and the rest of the world is crazy?"

The fact is that very intelligent and responsible people all around the world favor liberal policies and their countries are doing well. Germany has very liberal social programs and a powerful social safety net and their economy is doing well. They are not insane because you are an intolerant ideologue.

Also, of the Top 10 innovative countries: Denmark leads world in 2010; Sweden #2. That's right, those two socialist bastions, Denmark and Sweden, are more innovative than the U.S.

Last edited by MTAtech; 07-18-2011 at 09:25 AM..
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Old 07-18-2011, 09:25 AM
 
Location: Wisconsin
37,982 posts, read 22,157,422 times
Reputation: 13806
Quote:
Originally Posted by OzzyRules View Post
You see it in places like Europe and Asia. Even Canada. All of them are adopting and promoting a conservative economic plan.

How come liberals in the US seem to be the only one's opposed to getting our act together, financially?

What's the deal?
It does ring peculiar, even the Chinese are embracing capitalism... but not America's left.
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Old 07-18-2011, 09:25 AM
 
Location: Orange County, CA
3,727 posts, read 6,224,716 times
Reputation: 4257
Quote:
Originally Posted by Finn_Jarber View Post
LOL, US Dems are waaaaayyy more conservative than European "conservatives". heh-heh
Quote:
Originally Posted by alleged return of serfdom View Post
Even our elected "liberals" would be hard-right fringe in just about any other first world country.
These remarks were meant to be jests, right? The so called "Progressive" or liberal wing of the Democratic Party, is, for all practical purposes, the New Communist Party, the NeoComs. They are Marxists working toward changing the USA into a clone of the old Soviet Union. For liberals that are not hard line Bolsheviks, the best that can be said for them is that they are democratic socialists. There is no such thing today as a conservative Democrat. There is no such thing as a moderate Democrat. Conservative Democrats became extinct 30 yeats ago, and while there are moderates among the rank and file Democrats, there are none among elected officials. Elected Democrats are either Socialists or Bolsheviks. This is how far to the left the Democratic Party has swung in the last few decades. There are very real differences between the two parties, and this sharp leftward shift is a major reason why there is such hatred between the two sides.
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Old 07-18-2011, 09:27 AM
 
Location: Londonderry, NH
41,479 posts, read 59,791,864 times
Reputation: 24863
Indeed the RWA's believe they are RIGHT and the rest of the world is crazy. In their minds the concentration of wealth into fewer and fewer hands is the "natural way of things" and the domination of the economies by monopoly feudalism is the proper state of Man.

Obviously opposing this reinstatement of feudalism by immortal corporations is simply crazy. Just ask them.
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Old 07-18-2011, 09:29 AM
 
Location: Londonderry, NH
41,479 posts, read 59,791,864 times
Reputation: 24863
Black shoe - I am a Democrat and the Democratic Party is way, way to far to the right of center for me.
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