Can we have a civil, thoughtful discussion on this?

a liberal will of course be illiterate. What books have you read on capitalism??

 

you mean Cuba is actually doing better than Florida and boats are illegal in Florida and not Cuba?? Republicans get everything backwards don't they?

 

You don't get to pick my subjects.

 

how is that possible when they have a billions in unfunded liabilities? Hint: its not!!!!

 

subject was capitalism and humans. If capitalism works better in China West Germany South Korea and Florida that should tell you something.

 

Yes, they do. And they spin to make sure they look good.

Here is your spin"
"China just switched to capitalism from libsocialism and instantly eliminated 40% of all the poverty on earth. Ever heard of East /West Germany, Cuba /Florida????"

China didn't have "libsocialism" whatever that is. They had state capitalism. They also had a very economically deprived and depressed country. As I've always said, capitalism provides unprecedented growth in the beginning. China is "beginning". And before they degenerated into state capitalism, their advancement out of feudalism under socialism was unprecedented in the world. But you have been corrected on this before and yet show no intention of learning anything of it.

 

Is the T-Bill that a person invests in an "unfunded liability"? Hint: It's not!!!!

 

I told you I was referring to us in the USA. You don't get to pick my subjects.

 

This argument is so absurd that is makes me laugh every time I hear it. The unfunded liabilities you seem to refer to are future payments to future recipients. They are unfunded or funded due to tax policy, distribution schemes, retirement ages, the economy, black swans or threats of nuclear annihilation, take your pick. Or they are funded if the projections today are accurate and we adjust taxes to make up the shortfalls. Using this argument is like looking at your child and saying:

Son, your next 18-24 years represents a liability for your mother and me. We do not have savings to cover those future expenses right now so we are assuming a giant unfunded liability simply by having you.

Now of course, every parent has this thought at some point in their minds but we all have kids anyway and by some way or another, it all works out. Or it doesn't. If you want certainty, don't have kids.

 

wrong of course, they are future payments for which there is no money coming with which to make the payments based on current tax levels.
According to trustees report, for example, SS has $75 trillion 75 year shortfall or $142 billion short fall per year. Medicaid Medicare are about same. Thus to pay these debts we have to raise taxes a great deal and crush the economy turning us into a no growth economy. Now you've got the basics.

 

so are you saying that although capitalism worked far better in West German FLA China etc that provides no lessons for us as we listen to the libcommie rhetoric coming from Bernie Sanders?

 

if I said it was I will pay you $10,000. Bet? Do you know what a strawman is?

 

Well, actually,, Mao sure though he was a communist, not a state capitalist. Hate to rock your word!!
Notice how easy it is to make liberalism look foolish?

 

60 million human souls slowly starving to death is unprecedented advancement???? Average per capita income of $300/year is unprecedented? See what happens when a liberalism dares to engage?

 

No, I don't. But watch how easy it is to make you look foolish: The change to state capitalism came following the emergence of "The Gang of Four". Your grasp of history sucks.

BTW, is it your argument that China had communism under Mao?

 

$

Perhaps you can remind james that before Reagan, SS wasn't "funded" via taxation.

 

So you think life under socialism was no better than life under feudalism? LOL!!!!!!!!!!!!!!!!!!!!!! Your grasp of history sucks.

 

What could be worse than 60 million human souls slowly starving to death and he average income for the living $300 a year? See why we say Liberalism must be based in pure ignorance?

 

Why did you change the subject to win state capitalism

how could I look silly about the gang of four when I never mentioned the Gang of Four ?? Care to try again? Also, I think what you're trying to say is that the change to state capitalism came After Mao and the gang of four lost power

 

Why what I need to be reminded of that. You clean forgot to say. A liberal can never make a point directly because he knows his points will be goofy

 

Says the guy who said rich people give most of their money to charity...lol

 

I give up on these folks. No economic projection beyond the next 10 years is worth the paper its written on. Even a 10 year projection is based on assumptions that may or may not happen, they are simply snapshots using today's best guesses laced with the bias of the maker of the assumptions. 75 year projections are crap. Just go back 75 years. That would be 1942. Anyone want to use economic projections from 1942?

 

The reality is that "unfunded liabilities" will be funded by the Federal government one way or another. For example, if there is a mandate to provide educational services that will cost each state X dollars, the state will petition the government for greater funds in another area to make up the shortfall. This stuff get's funded one way or another.

Furthermore, that funding adds jobs, productivity and increases GDP, something that the projections never account for.

 

Sometimes I think you and I are the only ones here that understand reality. Thank you for all your lengthy and informative posts, I no longer have the desire.

 

notice, a liberal only wants to debate trivia because he knows in his heart he has been brainwashed on substantive issues.