"Gross Domestic Product" - 2nd quarter 2018 BLS report

You have annuities based on oil stocks? You better be going Republican then.

 

Leftie Logic: The economy is racist.

 

Not in stocks, mineral rights on land. I am not a member or a follower of either party, they both equally suck..

 

In an annuity? Doesn't matter if you are a member you are a voter and suggest you vote for every Republican you have a chance else watch the Democrats go after your "annuities".

 

How would the Govt be able to micromanage those factors without taking control of business practices of those companies? Wouldn't they have to dictate policies to theses businesses to attain that goal?

 

Well, the way I envision it actually I wouldn't have to touch the businesses or the companies. The decision to become an entrepreneur, largely rests with the person him or herself(and the various factors I mentioned above.). Rehashing a few ideas I had:

A separate savings account specifically to one day become an entrepreneur. These people feel as though they don't have the capital/time to get into that side of the business. But if instead of state taxes or medicaid, we directly invested in the next line of entrepreneurs, we could have billions in tax revenue, instead of maybe a few million(collectively among all citizens.)

The other idea I had was to streamline our jobs training program. In exchange for the lower corporate rate, the government will invest in state-of-the-art training facilities, filled with the best tools needed for every job.(And we'll include an entrepreneurial/financial sector to it.). This will vastly increase hiring, since the jobs got to oversee their trainees and personally graded them(at no cost to them) and increasing the financial IQ of all Americans will result in in Americans making better financial decisions overall.

I believe the direct factors to the economy are always the workers and the conditions of working. It's where money shifts hands. Government by itself, is a remote player. At least under the present political ideology. But as someone with an economics background, I can turn government into a positive player.

 

Actually those are great ideas. I envision the Govt as the Referee. Doesn't pick ether side, just simply creates a level playing field for everyone to compete, which means keeping trouble players in check.

 

Pretty much yeah. My ideas are pretty radical, but the way I see it and from what I studied, looking across the world all economies literally are in the trillions of GDP. It's to the point where no one individual, not even Warren Buffet has a majority of the wealth. So taxes, in the form of 'wealth redistribution' is impossible(and it's been that way since Bretton Wood and the conversion to paper currency.) Taxes sole purpose now is to combat inflation, that's pretty much it.

But if the ebb/flow of the marketplace(economic activity in general) is maintained, there won't be inflation. The reason the boom/bust cycle hurts, is not necessarily the booming/busting, but the financial health of an individual going up or down in the midst of that cycle. If we can maintain economic health, regardless of where the cycle is, the economy remains strong. That's been the challenge.

So I don't mean to control people's lives, or to direct their choices. But rather, to give them every available opportunity to make those choices. As opposed to being strictly a worker and that's it. Hell, one can both work and be an entrepreneur in their spare time. The more we enable individuals to be empowered, the stronger the system is.

 

The economy is doing so well. I got a few bucks in my check.

Thanks to trump.

Those bucks are gone. Gas is 3 a gallon. Thanks trump. Produce is up. Thanks trump. All products cost more thank you trump. Data caps on internet means those of us working at home have to use more and pay more.

Thanks trump. Your economy ****ing sucks.

 

They haven't after fifty years..