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That's why I won't vote for them, because they've been deliberately trying to make the economy worse ever since the 2008 election.
The democrats did everything they could to paint the economy as a disaster, and work against the republicans in congress leading into the 2004, 2006, and 2008 elections so they could win elections. Did you have a problem with that self-fulfilling prophecy? They crushed one of the pillars of our economy, perception among the masses. I sure miss that horrid 5% unemployment! With that said, neither party is hardly pure as the driven snow, but going with the pro-business party when jobs are the main focus for so many should be an easy decision for most.
Who is that you, of which you speak? You are collecting DoD medical, no?
As for most of US . . . yes. We the people can cut "defense" quite a bit.
Only day the DoD was called to defend US in the last 40+ years was 9/11, and they all sat on their ass and could not even defend themselves.
The US DoD is a money/debt fueled farce, wrapped in a flag, waved on with a salute.
Look I am a former troop and O-type, too . . . but sorry, someone has to speak the truth about this nonsense.
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Your life-style, quality of life and standard of living are intricately intertwined with defense spending.
Only the corporate level. That is who benefits from the Global Plantation Occupation Empire.
Things have not changed since Rome, Mircea.
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You enjoy your present life-style, quality of life and standard of living precisely because of defense spending now and in the past.
To cut defense spending is to significantly and negatively impact your life-style, quality of life and standard of living.
Hardly. Only a bunch of whoores in foreign ports would feel the loss from shutting down the empire.
As for US -- the draw downs after WW1, WW2, and Vietnam led to expansion of the rest of the rest of the economy. The rest of the economy which supports and pays for all the silly war toys, btw. We just need to finish the Post Cold War draw down.
If the GOP takes control there will be no big cuts because they know, even if their stupid followers don't, that when you take money out of the economy the economy contracts. That's why the GOP supported increased spending during both of the Bush Jr recessions but suddenly turned against it when Obama was attempting a recovery. They knew that spending cuts equaled decreased economic activity and their goal was to crash the economy so that they "didn't hand Obama a victory". That's why I won't vote for them, because they've been deliberately trying to make the economy worse ever since the 2008 election.
Wow. Someone smarter (as in much smarter) than your average Tea Bagger.
Guess you have not been studying much with Professor Rush Limbaugh, lately.
Taxes increases are a way to lower the budget deficit. I don't claim tax increases, in and of themselves, stimulate the economy. We have two goals here. Lower the deficit, stimulate growth.
Tax cuts only have a mild stimulus on the economy as compared to increases in government spending.
I suggest increases on taxes of the wealthy to close the budget gap, AND to fund increased government spending on infrastructure to provide stimulus for job growth. Defense cuts will also be needed.
My plan has the full backing of a Nobel Prize winner in economics, your plan is backed by Sarah Palin.
Enough said.
Well I cannot rep you any more points . . . .
but does it not hurt your head to argue with the ambient local level of moronacy?
Europe is already proving what we've know all along.
Cutting government spending in an economic downturn exactly the wrong thing to do.
Look at this graph of countries in Europe that followed the GOP's spending cut plans versus countries that kept their government spending up ..Powering their recoveries.
Only in countries that rejected right wing austerity measures, and increased government spending, did GDP go up.
Every single country that carried out what is now Romney's plan, lost ground and their citizens will suffer more.
Austerity is what they are doing in Europe -- spending cuts combined with tax increases. The GOP is not proposing austerity -- they are proposing maintaining current spending and tax cuts. The Democrats are proposing increasing spending and increasing taxes. No American party is proposing European-style austerity.
As for most of US . . . yes. We the people can cut "defense" quite a bit.
Feel free but your entire world will look much different if the US dollar loses its status as the petro dollar and, after all, that's what all the strategic planning in the ME is all about.
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Originally Posted by Philip T
Only the corporate level. That is who benefits from the Global Plantation Occupation Empire.
And what exactly is your world going to look like with corporations on a mass exodus?
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Originally Posted by Philip T
Hardly. Only a bunch of whoores in foreign ports would feel the loss from shutting down the empire.
And when those 200,000 troops that are deployed come home what are you going to do with them? Add them to the UE line and hell, there's already 12.7 million people there, why not add another 200,000.
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Originally Posted by Philip T
As for US -- the draw downs after WW1
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Originally Posted by Philip T
WW2
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Originally Posted by Philip T
and Vietnam
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Originally Posted by Philip T
led to expansion of the rest of the rest of the economy. The rest of the economy which supports and pays for all the silly war toys, btw. We just need to finish the Post Cold War draw down.
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We must recognize the strategic importance of Afghanistan to stability and peace. A Soviet-occupied Afghanistan threatens both Iran and Pakistan and is a steppingstone to possible control over much of the world's oil supplies.
The United States wants all nations in the region to be free and to be independent. If the Soviets are encouraged in this invasion by eventual success, and if they maintain their dominance over Afghanistan and then extend their control to adjacent countries, the stable, strategic, and peaceful balance of the entire world will be changed. This would threaten the security of all nations including, of course, the United States, our allies, and our friends.
That's pretty much what epic fail on a platter looks like.
In a draw-down there's excess capacity, what happens?
If the dollar loses demand and supply increases, what happens?
If 100's of 1,000's of people are out of work and suddenly all of their savings are losing 1/3 of their value year-over-year, what happens to your economy?
If you're sorely needing people to work (and you're adding people by the 10's of 1,000's to the UE line) so that you can continue to collect tax revenue to pay for your social safety net, what happens?
When the safety net you do have is draining $600 billion a year from the general fund to keep up with current benefits and you're losing much need revenue to the states and businesses, what happens?
I don't think you understand what's in store for you and America in the least bit.
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Published: December 26, 2011
BEIJING — China and Japan have agreed to start direct trading of their currencies, officials announced during a visit here on Monday by Japan’s prime minister, Yoshihiko Noda.
China is the world’s second-largest economy while Japan is the third largest, and the currency agreement is part of a move away from using dollars.
Greece cannot "just print more money." Greece hung their hat on the Euro under the mistaken belief that the EU would bail them out. Greece can decouple from the Euro and return to the Drachma, but that would be a failure as well. The Drachma will have no value compared to the Euro or the US Dollar, and no banks will loan Greece money and no investors will buy Greek securities, so the only option is to inflate their way of of debt and they can do that, provided the maintain an austerity plan.
Yes, this is what I was getting at. Greece (and other countries in the EU in bad shape) can not simply spend more.
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It's really easy to say that, but living with and dealing with the consequences are another matter entirely, and the reality is that you don't have the guts to deal with it.
Indeed I would. I do not frighten with the scare tactics.
Few if any countries other than Germany have made any serious cuts to the wasted welfare state programs. The majority of the cuts were to their military spending. The EU is falling apart because Socialism does not work.
Only in countries that rejected right wing austerity measures, and increased government spending, did GDP go up.
Hahahahahahah, no kidding. Government spending is a part of GDP so of course GDP would increase.
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