BASIC ECONOMICS FOR THE RETARDS - About deficits

Yurt said:
private sector problems CONTROLLED by the government....trade between nations is regulated as you already said....the government needs to slap some high tariffs on china but they won't becuase china gives us money to spend DEFICIT spending :)
Click to expand...

Jesus, I don't even know why I bother.

No, the government doesn't control the ratio of exports to imports beyond encouraging trade by lowering tariffs. The private sector and market forces determine if people buy our shit outside the states.

You are so fucking stupid. You're going to pretend to support huge tariffs on China, even though if Obama actually implemented those it would be hugely disastrous for the US AND China and all the conservatives would be complaining about how he's trying to control the markets. You guys argue endlessly for free markets even when they don't work.
 
Yurt said:
so then everyone should always be able to get a loan, forever
Click to expand...

strawman.jpg
 
ib1yysguy said:
Why don't you tell us how the government can go about doing that without you idiots also complaining about socialism and big government?

The government is already using the tools at its disposal to deal with those two factors, which are private sector problems.
Click to expand...

What we plan on doing is to get rid of the government, round up all liberals and intern them in the middle of the Mojave dessert. Ah, sweet justice.
 
ib1yysguy said:
Jesus, I don't even know why I bother.

No, the government doesn't control the ratio of exports to imports beyond encouraging trade by lowering tariffs. The private sector and market forces determine if people buy our shit outside the states.

You are so fucking stupid. You're going to pretend to support huge tariffs on China, even though if Obama actually implemented those it would be hugely disastrous for the US AND China and all the conservatives would be complaining about how he's trying to control the markets. You guys argue endlessly for free markets even when they don't work.
Click to expand...

from what i've read tariffs have been used to balance trade, some believe it is a fallacy, others not. i say tariffs because we do not have a free market....if we did, we wouldn't need tariffs or other measures to get china to change their fiscal policy which directly affects us....if international trade is regulated, what then is YOUR solution to the export/import issues regardign the GDP...you left that out in your OP
 
Yurt said:
from what i've read tariffs have been used to balance trade, some believe it is a fallacy, others not. i say tariffs because we do not have a free market....if we did, we wouldn't need tariffs or other measures to get china to change their fiscal policy which directly affects us....if international trade is regulated, what then is YOUR solution to the export/import issues regardign the GDP...you left that out in your OP
Click to expand...

I don't need to give you a solution because it's not my contention that the government can manipulate trade to a degree needed to balance the GDP in a recession of this size. That was your contention, which you have yet to expound upon. I think you realize now how retarded the suggestion was, so I'll accept this attempt to make me liable for your idiotic idea as you backing down from your point.

So unless you have a way to make up the difference in GDP from a downslide in consumption and private investment by manipulating trade in a way that isn't going to contradict conservative principles, the only factor left is government spending. As per my original point, this is the only factor of the equation the government has enough control over to make it a useful tool in countering recessions of this kind.
 
Last edited:
ib1yysguy said:
I don't need to give you a solution because it's not my contention that the government can manipulate trade to a degree needed to balance the GDP in a recession of this size. That was your contention, which you have yet to expound upon. I think you realize now how retarded the suggestion was, so I'll accept this attempt to make me liable for your idiotic idea as you backing down from your point.

So unless you have a way to make up the difference in GDP from a downslide in consumption and private investment by manipulating trade in a way that isn't going to contradict conservative principles, the only factor left is government spending. As per my original point, this is the only factor of the equation the government has enough control over to make it a useful tool in countering recessions of this kind.
Click to expand...

you already said the government was manipulating it by lowering tariffs...and using other tools at their disposal...i see your point that high tariffs could cause trade wars...and that would not be good

and instead of deficit spending....how about cutting taxes, thus more money to the consumers to spend or invest in the private sector....instead of giving the money to the government to spend for us...
 
It's interesting; there has been so much propoganda from the right, that no one even realizes anymore that Obama's plan included tax cuts for the vast majority of Americans, as well as for small businesses...
 
Onceler said:
It's interesting; there has been so much propoganda from the right, that no one even realizes anymore that Obama's plan included tax cuts for the vast majority of Americans, as well as for small businesses...
Click to expand...

He broke his promise to create a $3,000 tax credit for companies that add jobs

Considering that 40% of working American workers don't pay any income taxes, it was a misleading statement that 95% of the working taxpayers would have their taxes cut.

Obama has compromised on a lot of his promises.
 
TuTu Monroe said:
He broke his promise to create a $3,000 tax credit for companies that add jobs

Considering that 40% of working American workers don't pay any income taxes, it was a misleading statement that 95% of the working taxpayers would have their taxes cut.

Obama has compromised on a lot of his promises.
Click to expand...

Propogandist #1 speaks.

Fact is, the VAST majority of working Americans have seen their taxes cut...
 
Onceler said:
Propogandist #1 speaks.

Fact is, the VAST majority of working Americans have seen their taxes cut...
Click to expand...

Not really. They have seen their state and local taxes increase, they have seen property taxes increase. They will see electric bills double in the coming months...carbon-offset taxes... value-added taxes... god knows how high heating oil will get this winter... they will feel the brunt of taxes on their insurance benefits... they will certainly pay much more for groceries....they've completely lost all their 401k retirement money...the value of the dollar is less.... So, while you prance around all proud that your Messiah didn't "raise taxes" on working America, feel good in knowing that working America is FAR worse off in the end.
 
Dixie said:
Not really. They have seen their state and local taxes increase, they have seen property taxes increase. They will see electric bills double in the coming months...carbon-offset taxes... value-added taxes... god knows how high heating oil will get this winter... they will feel the brunt of taxes on their insurance benefits... they will certainly pay much more for groceries....they've completely lost all their 401k retirement money...the value of the dollar is less.... So, while you prance around all proud that your Messiah didn't "raise taxes" on working America, feel good in knowing that working America is FAR worse off in the end.
Click to expand...


So 8 years of Bush screwed you, didn't it?

Then why did you spend the last 8 years defending bush, telling us the economy was pretty darn good, the tax cuts for the rich were working, and mocking anyone who said the bush economy was headed for the cliff?

Are you willing to apologize now for being so astonishingly wrong, for cheerleading Bush for 8 years, and admit that people like USC and Onceler were right all along?
 
Dixie said:
Bush's tax cuts DID work! Things started going to shit when Democrats took over Congress in 2006.
Click to expand...



:lolup:

And your hero Bush was powerless to stop the Dems from destroying his wonderful economy, right.

Man, I'm glad USC reminded us of your love letter to bush. I swear man, bush could be fucking you up the ass and you would beg him for more.
 
You must log in or register to reply here.
Back
Top