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Well, it's very difficult to believe the Republican view of economics being they may preach 'less government spending' yet spend like drunken sailors on anything that suits their agenda.
I actually agree but we aren’t talking about the republicans yet, are we?
So you want federal income taxes raised so we can compete with the Chinese on their supersonic missiles?
If the US doesn't have super-, hyper- and extra-sonic missiles already, it's because the military-industrial complex has grown fat, lazy and complacent. And it has.
FFS, it's been a decade and Boeing can't build an air tanker that works. That's not really cutting edge. The Navy is saddled with "Littoral Combat Ships" that can't do anything in war except race really fast to where they'll be sunk by a 1970s missile. We have M1 Abrams rolling off the assembly line and into mothballs. The munitions elevators on the latest carriers won't work.
It is not that Democrats do not understand basic Econ. Many of them are sufficiently educated to override those who are not.
The issue is that for the Intellectual Left, the idea that anyone inside a country can be more economically prominent, aka 'rich', than his neighbors is abhorrent. Now extrapolate that up to the nation-state level. The US must not be more economically prominent, which equals to more international power and leverage, than the rest of the world.
It is one thing to understand a concept, theory, or philosophy. It is another to understand how a concept, theory, or philosophy is applied, and understand the intricate mechanisms of that applied system. The analogy is understanding the concept of time vs building a clock. There is the scientist and there is the clock maker.
There is the Economist, then to apply economics principles, there are specialists like the banker, the financier, the mathematician, the loan broker, and so on. Each specialist contribute to the overall economy in terms of functionality, stability, and sustainability. This machine is not perfect, it can never be perfect, but it is stable, functional, and sustainable since the creation of civilization. Going back to the clock analogy. Inside the clock are mechanisms with tolerances of operations. The result is that we can tell time, measure duration of events, or set schedules, and even though each function is not perfect, it is good enough to move society.
So if you want to destroy society but appear benevolent while doing it, you do not put the hammer to the clock or the economy. You induce variations into the mechanisms of the clock or the economy. Debt is manageable but debt over a certain degree is detrimental, so do whatever you can to increase that burden. You couch the need for higher debt under some moral umbrella or shield. Then if an opportunity arise, you introduce another variable into the system like cancelling the debt under another moral umbrella. Now repeat with a balanced budget, subsidies, trade, and the list goes on. Doing the 'wrong' things gives the impression that you are too stupid to understand Basic Econ but you know exactly why you are doing what and where inside the system.
Calling your opponent 'stupid' is the worst thing you can do.
It is not that Democrats do not understand basic Econ. Many of them are sufficiently educated to override those who are not.
I'm not convinced of that. I actually do believe they are too cognitively deficient to understand basic Econ. See my response to the next section of your post to understand why. Furthermore, intelligence is correlated to income. Low intelligence correlates to low income and higher intelligence correlates to higher income levels.
Quote:
The issue is that for the Intellectual Left, the idea that anyone inside a country can be more economically prominent, aka 'rich', than his neighbors is abhorrent.
I don't think it's an intellectual objection. It appears to be an objection based solely on "it's not fair that Persons A, B, C..., are earning more money than me."
Given the fact that intelligence is correlated to income, we have the following observable data:
Income under $50,000: +11 D
Income over $100,000: +12 R
This has been consistent for years and years and years. It's why Dems are always promising so much in hand-outs and freebies. They know their voter base is largely incapable of supporting themselves.
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Quote:
Originally Posted by InformedConsent
I'm not convinced of that. I actually do believe they are too cognitively deficient to understand basic Econ. See my response to the next section of your post to understand why. Furthermore, intelligence is correlated to income. Low intelligence correlates to low income and higher intelligence correlates to higher income levels.
I don't think it's an intellectual objection. It appears to be an objection based solely on "it's not fair that Persons A, B, C..., are earning more money than me."
Given the fact that intelligence is correlated to income, we have the following observable data:
Income under $50,000: +11 D
Income over $100,000: +12 R
This has been consistent for years and years and years. It's why Dems are always promising so much in hand-outs and freebies. They know their voter base is largely incapable of supporting themselves.
I already disproved your thing as I earn well over $50k and will never vote Republican as long as I live
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