Right Wing Economics

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

  1. james M

    james M Banned

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    if so why are you so afraid to present your best example? What do you learn from your fear?
     
  2. VietVet

    VietVet Well-Known Member

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    Do you think you know a lot and can talk down to others?
    I hate to burst your bubble....you give no evidence of that ......... :p
     
  3. Bear513

    Bear513 Banned

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    So you refuse to acknowledge the two biggest culprits of why jobs went over seas

    Here is a hint:


    1. It was the US consumer who wanted cheap products and the company's delivered and gave the Americans what they wanted

    2. It was the American style Union's who couldn't figure out the world was catching up and refused to compromise..


    .
     
  4. Old Trapper

    Old Trapper Banned

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    What happened to that "conservative" who is not afraid to engage? Truth always seems to scare the hell out of them.
    How old are you, and can you even legally vote? When lobbyests, like the Koch brothers, or the ones from the big pharma companies, etc., give money to a candidate, or a politician, do you think they are doing for the hell of it? Even your god Trump bragged about buying off politicians:

    https://www.washingtonpost.com/poli...a9d1e4-750b-11e6-be4f-3f42f2e5a49e_story.html

    Hate to break it to you sonny, but, politics is not capitalism.

    First off, your words fool:

    "People and businesses need money to run and they don't get it at gunpoint the way the govt does!"

    Then you can begin to educate yourself:

    http://www.huffingtonpost.com/martin-bosworth/reverse-robin-hood-steali_b_113319.html
     
  5. Old Trapper

    Old Trapper Banned

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    Still the fool. You said it was Democrats (Liberals) now, like the good little Trumpkin you are, the story chnges.

    The vast majority of the American people opposed NAFTA, and the WTO. However, it was supported by corporations. Too bad you are not informed enough to understand that the American consumer is not getting "cheap products" save for in quality, yet the corporations are making millions in profit off of cheap foreign labor.

    And you childish lack of knowledge about unions is pathetic. The membership in unions was falling long before NAFTA, or the WTO.
     
  6. Old Trapper

    Old Trapper Banned

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    China is the major producer of fentanyl, and it is shipped here via So. America. The Chinese feed the fish they produce on their fish farms human waste. The Chinese produce inferior steel which people like Trump buy for construction purposes, and the list goes on.

    In the real world we do not have the highest tax rate in the world. In fact, we are about 4th on the list. However, fools believe that because the statutory rate is 35% that the effective rate does not matter. However, I proved this to you once before, and obviously you were not bright enough to grasp the concept, and so go on repeating your BS.

    China has been stealing our trade secrets, our military secrets, hacking into our power grids, hacking into corporate files, etc., since we taught them how to do it in the 90's. Without the US they would still be a third world country, and fools like you were glad to give them what they wanted. And now they threaten us economically, militarily, in space technology, and you are stupid enough to believe they will share a cancer cure with us.
     
  7. Old Trapper

    Old Trapper Banned

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    The Founders gave us a limited style of government, that is true. However, as represented by their quotes, (even that of Thomas Paine) they never forgot the needs of the people, and the governments responsibility to care for those needs when necessary.

    It is that moral virtue that Washington wrote about, Jefferson believed in, Franklin practiced, and Madison lived by.

    And it is a moral virtue you will never know, nor be able to understand.


    John Adams: "We have no government armed with power capable of contending with human passions unbridled by morality and religion . . . Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other."


    Noah Webster: "The moral principles and precepts contained in the scriptures ought to form the basis of all our civil constitutions and laws. . . All the miseries and evils which men suffer from vice, crime, ambition, injustice, oppression, slavery, and war, proceed from their despising or neglecting the precepts contained in the Bible."

    Benjamin Franklin: "Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters."
     
  8. james M

    james M Banned

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    Yes China produces fentanyl and we produce weapons but that is not remotely related to our question . We want free trade among the states of the United States for the same reason we want free trade among the countries of the world. What we don't want his idiotic liberal policies putting us at a disadvantage when we trade with othervcountries. Ireland's corporate tax is 11% most of the worlds major corporations have moved there in the whole or in part. Our economy could boom tomorrow if we illuminated the liberal corporate tax many liberal regulationsand liberal budget deficits. Now do you understand?
     
  9. Old Trapper

    Old Trapper Banned

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  10. james M

    james M Banned

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    It is very true that our founders never forgot the needs of the people and that is exactly why they gave us freedom from Liberal government. Now do you understand the basis of your own country and its constitution?
     
  11. james M

    james M Banned

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  12. james M

    james M Banned

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    I
    Nobody said politics was capitalism? Please say where you feel I should begin to educate myself. Yes the cokes give money but so do lots of people on all sides of many issues it's hardly proof that a politician is bought and paid for do you have even one example of a politician who is bought and paid for
     
    Last edited: Aug 13, 2017
  13. james M

    james M Banned

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    as a conservative of course I will know way more than you do as a liberal. Liberalism is based on ignorance if you doubt it please find one example To support your claim that I don't know more than you do.
     
    Last edited: Aug 13, 2017
  14. Old Trapper

    Old Trapper Banned

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    "Illuminated"? For the past 10 years, and for 6 years under Bush, and another 6 years under Clinton, Republicans were in control. Yet instead of lowering the corporate tax they established loopholes, and give aways. Ever wonder why?

    As to Ireland, their corporate tax hasn't a damn thing to do with it. In fact, more foreign countries invest here in the US then in Ireland. The economy there rebounded because the government guaranteed (bailed out) the entire financial district. They then instituted wage controls on EVERYONE reducing them in some instances, They then deleveraged the balance sheet for both private, and public, businesses, making it easier to obtain a loan. And I am not going to get into how much smaller the Irish economy is.
     
  15. Old Trapper

    Old Trapper Banned

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    Here again is another point at which you show yourself to be a fool. You said "2) if someone buys off a politician it is illegal and not capitalism"

    And like I said, politics is not capitalism.

    Trump says he did, and lists some names. Go look it up. I am tired of showing you up for the fool you are.
     
  16. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Comparative internet connection rates from here: This is how Internet speed and price in the U.S. compares to the rest of the world - photo, major internet-user countries:
    [​IMG]

    Europe does have, in general, lower prices. Because internal to each country there are at least 3/4 major suppliers.

    Moreover, there is no such thing as "free internet". The internet is a highway where speed matters. Many people are downloading movies which are mountainously large files, whilst we putter about in this forum at very low download rates.

    There is no such thing as "One internet for everybody". Never was, never will be.

    But only regulated competition will get the prices right. What's happening in the US? This bit (from here):
    So, for those who voted for Donald Dork, it's "Time to get shafted on the Internet!" An internet connection need not be a free public-service. But it should be one that is heavily regulated in order to assure that an inherently oligopolistic market cannot be manipulate prices.

    Far too much of America's services industries have been allowed to "consolidate" such that only a few at the top share oligopoly pricing. Which make for nice solid profits and high stock-market prices (thus "megabuck cash-in" for a very limited number of Top Management).

    And who gets screwed in the process? Look in the mirror ...
     
    Last edited: Aug 13, 2017
  17. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    About oligopoly pricing, from here: The New Yorker: The Oligopoly Problem
    Market oversight is the responsibility of several government sources. "Competition" and "pricing" are both easy to assess from current market practices.

    But, there must be the will to do so. And the Obama Administration never showed that much will.

    Neither will Donald Dork's - for sure, for sure, for sure. If he wants to ge reelected, he needs "BigMoney" to spend for advertizing on the BoobTube ...
     
    Last edited: Aug 13, 2017
  18. Old Trapper

    Old Trapper Banned

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    Trump received, after his election, 39 Trademarks from China to produce numerous different items, Ivanka received 3 more. Some people seem to be naive enough to think that simply because a product has a different name on it that it must be manufactured by some competitor when most often the "competitor" is the same party simply with a different trademark. For another example take a look at the chain of "corporations" that are owned by General Mills, and they make no secret of it:

    https://www.generalmills.com/en/Brands/Overview
     
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  19. james M

    james M Banned

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    if he did it that does not make it legal or capitalistic. Now do you understand? Capitalism is competing on basis of price and quality, not on basis of bought politicians. See how easy that? Also, I have asked 5 times for a significant example and your best is Trump said he did it. Are you embarrassed?
     
  20. james M

    james M Banned

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    and is that to you a major event in the history of capitalism as compared to providing the jobs and products that sustain 7 billion lives at a higher level then ever in human history? China just switched to Republican capitalism and 700 million were moved into the middle class whereas 60 million had slowly starved to death under libcommieism. Can you you learn the obvious lesson here>
     
  21. james M

    james M Banned

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    no he doesn't he just got elected without much big money. Any more tall tales you care to share?
     
  22. james M

    james M Banned

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    They are not even in control now. Do you see Obamacommiecare disappearing? Its been in all the papers for a long time now.
     
  23. james M

    james M Banned

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    no kidding? so why do you think so many corporations moved there in whole or in part? And why do you think the EU is demanding that they raise the tax????
     
  24. james M

    james M Banned

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    1) if I said it was rising before NAFTA I will pay you $10000. Bet?
    2) yes unions are falling but still a huge threat to any industry that wants to move to the USA. We should make unions illegal again to remove this threat. Nissan workers thankfully just rejected a union in Mississippi,
     
    Last edited: Aug 13, 2017
  25. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    OLIGOPOLIES - FACTUAL EVIDENCE OF ABUSIVE PROMINENCE

    No doubt about it - the US is not making a big enough effort to keep markets truly competitive? and for that reason it is the consumer that pays higher prices.

    The notion that US markets are "mostly competitive" is badly abused. Yes, there is competition, but it is dismally insufficient in many sectors when considering "market shares" in predominant oligopolies ...

    FOCUS

    Consider a study by the Census Bureau of "market concentration" here: Concentration Ratios. Then click on, say, "Utilities", which gets you this resulting table.

    Which let's us conclude that, in fact, utilities are a fairly competitive market in the US. That is, reading down the list we find that the four largest firms delivered about 16% of the total dollar value. That does not seem to be "oligopolistic" to me.

    Now click down to Finance & Insurance.
    Only the four largest firms deliver 65% of "Sales, receipts, or revenue from concentration of largest firms as percent of total sales, receipts, or revenue (%)"

    Wow! The perfect example of an oligopolistic market ... !


     
    Last edited: Aug 14, 2017

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