Right Wing Economics

Discussion in 'Economics & Trade' started by Old Trapper, Aug 5, 2017.

  1. ibobbrob

    ibobbrob Well-Known Member

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    I am not suggesting welfare. I am trying to avoid welfare, because those on welfare have no incentive to get out from under. Letting
    the unfortunate keep their total pay may help prevent welfare. One of the problems with welfare is that it includes healthcare, and that cost leaves no incentive to get into the job market, due to the expense. The AFA helped to resolve that problem for the poor with low
    premiums.
     
  2. ibobbrob

    ibobbrob Well-Known Member

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    You aren't paying attention. I said 'well thought out'. And they might have an adverse effect.
    I don't know what regulations would work. Should I take a guess? Regulations are put into effect when capitalism gets out of hand.
    Unfortunately, regulations hurt the honorable in an effort to short stop the abusers.
     
  3. ibobbrob

    ibobbrob Well-Known Member

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    Are you a proponent of no regulations?
     
  4. squidward

    squidward Well-Known Member

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    Yes, economists trained by the central planners, who have done just what you have described, instability, select corporate control and income inequality by government edict
     
    Last edited: Aug 14, 2017
  5. james M

    james M Banned

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    obviously as a typical liberal with blind faith in magical govt you have no idea what regulations would work, even after Stalin Mao Pol Pot Castro Maduro and 132 others tried a million well thought out regulations that were infinitely inferior to natural capitalist regulations the most important of which is, you must provide the best jobs and products in the entire world just to survive.
     
    Last edited: Aug 14, 2017
  6. ibobbrob

    ibobbrob Well-Known Member

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    And for the third time, I have not studied them to give you my best example. I have lived thru several recessions, and they have not just cheerfully occurred through osmosis. An unregulated free market leads to hiccups and recession.
     
    Last edited: Aug 14, 2017
  7. james M

    james M Banned

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    capitalism comes with super harsh regulations. ie you must have best price and quality in entire world to improve our standard of living at fastest possible rate, just to survive.
     
  8. james M

    james M Banned

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    yes and recessions are caused by govt regulations, not prevented by them. The USSR etc was a regulated depression and was our Great Depression that oddly lasted 16 years until the day the dreaded regulator finally died!!!!
     
  9. ibobbrob

    ibobbrob Well-Known Member

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    Caused by over regulation, yes. There has to be some regulation, or there will be another great recession. And this is my point.
     
  10. ibobbrob

    ibobbrob Well-Known Member

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    What you must have and what you do have may not be the same. This is why
    some regulation is warranted.
     
    Last edited: Aug 14, 2017
  11. ibobbrob

    ibobbrob Well-Known Member

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    I am not a liberal, typical or otherwise. I am a realist. Of course I have no idea what regulations may work. A million well thought out
    regulations? Maybe not. What sounds good and what actually happens are two different things, right? You are correct, and I agree
    with you, but you are not being realistic, so on to plan B. I operated a business for 30 years, and the regulations heaped on us over the years only served to raise the overhead, because they were not well thought out.
     
  12. james M

    james M Banned

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    do you understand that capitalism is self regulating? Either you provide best jobs and products or you go bankrupt. 10,000 a month go bankrupt; that is far harsher the libcommie regulation-right?
     
  13. james M

    james M Banned

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    some soviet regulation will more likely cause a recession that prevent it. A recession is the time it takes the free market to recovery from the distortions caused by libcommie regulation-right?.
     
  14. Old Trapper

    Old Trapper Banned

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    Sorry, but even Adam Smith, and those like Thomas Jefferson, recognized the need for controls over corporations, and regulations. The results we see today are from the government catering to the elitists, corporations, and the wealthy, while ignoring the poor. From that we have a situation where 10% of the people control 90% of the wealth.
     
  15. Old Trapper

    Old Trapper Banned

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    More of your ignorance on parade. The last recession was caused by the actions of Bush, and the corruption of the banking industry, and a lack of regulation such as the Republicans removing the controls of Glass-Steagall, and then the failure to prosecute corrupt bankers:

    http://stateofworkingamerica.org/great-recession/
     
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  16. ibobbrob

    ibobbrob Well-Known Member

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    That is supposed to be the way it works. We will find out under Trump, won't we?
     
  17. ibobbrob

    ibobbrob Well-Known Member

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    Wrong. Recession may be the result of a lack of, rather because of. There must be some controls, or else the bubble may burst.
     
    Last edited: Aug 15, 2017
  18. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    OK, but how?

    It would take massive demonstrations to have the slightest effect, and - even then - the effect would be what? Remember the MLK address at the Million-Man March in 1995. How much good did that do?

    Were MLK to return to his people today, he'd cry himself a river.

    No, for real change the Left in America must start a long campaign of convincing "Middle-America" that what it wants for its people is "fairness". To right the wrongs brought about by Reckless Ronnie's reduction of upper-income taxation that brought about the massive greed in America. (See Wealth sharing here and note what happened in 1980s during Reagan's administration.)

    That's a long haul and will take at least a decade, if not more.

    We want "immediate solutions" in the US - and profound changes in mentalities/means are never ever so quick ...
     
    Last edited: Aug 15, 2017
  19. ibobbrob

    ibobbrob Well-Known Member

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    All true, and we need new leadership for there to be any changes. I am a moderate Republican and supported Reagan. He created jobs in the 80's, and got us out of that stagflation thing. I was in business then, and had a difficult time finding help. This guy Trump
    is a horse of a different color, uninformed and incompetent.
     
  20. squidward

    squidward Well-Known Member

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    Government is the central planner. Thank you for acknowledging it's poor results
     
  21. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    You are quite wrong to think that the US government is the central-planner. America's market-economy is so "uncontrolled" by government that it has become oligopolist in nature. There is no real competition in a majority of major markets.

    See here, from the New Yorker: The Oligopoly Problem - excerpt:
    Central planning-and-control was typical of socialist regimes in eastern-Europe, which no longer exist. (Except in North Korea and perhaps soemwhat China.)
     
    Last edited: Aug 15, 2017
  22. squidward

    squidward Well-Known Member

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    The beauty of corporatism, only made possible by government granted priviledge.
    Thanks for sharing
     
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  23. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Jobs, jobs, jobs. What a monologue.

    The question is far more complex than just jobs. It's about who is sharing the wealth that is being generated by the jobs, jobs, jobs.

    And it aint you or me.

    Tax upper-income more aggressively, then use the money to educate our children to the skills/knowledge levels necessary, and watch the flow of upper-income into Wealth broaden - whilst the number of Americans eking out a living below the Poverty Threshold is reduced from 14% of the population (43 million men, women and children) to a more decent level of 3% ...
     
    Last edited: Aug 15, 2017
  24. james M

    james M Banned

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    as I said capitalism naturally comes with tons of control: if you don't have the best products and jobs in the world you are controlled into bankruptcy. Govt interference hinders the natural controls and you get worse products and jobs and a lower soviet standard of living. Now do you understand?
     
    Last edited: Aug 15, 2017
  25. james M

    james M Banned

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    ok lets tax them so the the top 1% pay 44% of all federal income tax. Whoops we already do that and make the bottom 50% free rider no tax leeches with the incentive to make money through democratic govt violent theft rather than through work. If we keep it up we will be like France and have the per capita income of Arkansas about our poorest state.
     
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