Biden has revived democratic capitalism – and changed the economic paradigm

B

BidenPresident

Verified User
Unlike his Democratic predecessors, Biden has not sought to reduce trade barriers. In fact, he has retained several from the Trump administration. But unlike Trump, he has not given a huge tax cut to corporations and the wealthy. It’s also worth noting that in contrast with every president since Reagan, Biden has not filled his White House with former Wall Street executives. Not one of his economic advisers – not even his treasury secretary – is from the Street.

https://www.theguardian.com/comment...-changed-economic-paradigm-reagan-free-market
 
"The Great Crash of 1929 followed by the Great Depression taught the nation a crucial lesson that we forgot after Ronald Reagan’s presidency: the so-called “free market” does not exist. Markets are always and inevitably human creations. They reflect decisions by judges, legislators and government agencies as to how the market should be organized and enforced – and for whom."
 
Biden's frequently been underestimated, going back at least to the time teabaggers were cackling with laughter about how wunderkind Paul Ryan was supposedly going to mop the floor with Biden at the vice presidental debate.
 
Cypress said:
Biden's frequently been underestimated, going back at least to the time teabaggers were cackling with laughter about how wunderkind Paul Ryan was supposedly going to mop the floor with Biden at the vice presidental debate.
Click to expand...

Still, media is doing polls about Biden not being popular. You know, the media that helped Trump get elected.
 
BidenPresident said:
Unlike his Democratic predecessors, Biden has not sought to reduce trade barriers. In fact, he has retained several from the Trump administration. But unlike Trump, he has not given a huge tax cut to corporations and the wealthy. It’s also worth noting that in contrast with every president since Reagan, Biden has not filled his White House with former Wall Street executives. Not one of his economic advisers – not even his treasury secretary – is from the Street.

https://www.theguardian.com/comment...-changed-economic-paradigm-reagan-free-market
Click to expand...

What is "democratic capitalism"?
 
BidenPresident said:
Unlike his Democratic predecessors, Biden has not sought to reduce trade barriers. In fact, he has retained several from the Trump administration. But unlike Trump, he has not given a huge tax cut to corporations and the wealthy. It’s also worth noting that in contrast with every president since Reagan, Biden has not filled his White House with former Wall Street executives. Not one of his economic advisers – not even his treasury secretary – is from the Street.

https://www.theguardian.com/comment...-changed-economic-paradigm-reagan-free-market
Click to expand...

Democrats despise capitalism. Fake News.
 
BidenPresident said:
Unlike his Democratic predecessors, Biden has not sought to reduce trade barriers.
Click to expand...
It seems patently obvious that you have no idea what constitutes a "trade barrier."

BidenPresident said:
In fact, he has retained several from the Trump administration.
Click to expand...
Trump installed no trade barriers, which is why you can't give any examples. You also have the Executive Branch confused with he Legislative branch. You also have no grasp of economics. What possessed you to pretend you had anything to contribute on this topic?

BidenPresident said:
But unlike Trump, he has not given a huge tax cut to corporations and the wealthy.
Click to expand...
Again, you don't even know the difference between the Executive branch and the Legislative branch.

What's wrong with giving people a tax break? What's wrong with people becoming successful at adding value to society? Why demonize them as though they should somehow be punished for improving people's lives? You are one screwed up Marxist.

BidenPresident said:
It’s also worth noting that in contrast with every president since Reagan, Biden has not filled his White House with [economics experts]. Not one of his economic advisers – not even his treasury secretary – [has any sort of practical economics background].
Click to expand...
Why is this somehow a good thing? This is very bad.
 
BidenPresident said:
"The Great Crash of 1929 followed by the Great Depression taught the nation a crucial lesson that we forgot after Ronald Reagan’s presidency: the so-called “free market” does not exist. Markets are always and inevitably human creations. They reflect decisions by judges, legislators and government agencies as to how the market should be organized and enforced – and for whom."
Click to expand...

The free market is immortal. You can't kill it. See your local drug dealer for details.
Fascism is not a free market.

The Great Depression was caused by Democrats.
The '29 crash would've self corrected within a year or two.
Instead Democrats decided to interfere, keeping the economy depressed until the 50's.

It was also during this time that FDR stole the gold and silver and issued fiat 'funny money' in it's stead.
 
IBDaMann said:
It seems patently obvious that you have no idea what constitutes a "trade barrier."


Trump installed no trade barriers, which is why you can't give any examples. You also have the Executive Branch confused with he Legislative branch. You also have no grasp of economics. What possessed you to pretend you had anything to contribute on this topic?


Again, you don't even know the difference between the Executive branch and the Legislative branch.

What's wrong with giving people a tax break? What's wrong with people becoming successful at adding value to society? Why demonize them as though they should somehow be punished for improving people's lives? You are one screwed up Marxist.


Why is this somehow a good thing? This is very bad.
Click to expand...

Get lost you stupid troll.
 
COVID Martial Law was used to destroy free enterprise when there was no public safety justification for the Martial Law....I mean come on people....WAKE UP!
 
I did not have a lot of hope for Biden, I just thought he would get us out of the Trump mess. He has really exceeded my expectations relating to the economy. He has really restored some serious problems. We are no longer pumping cash in, and seem to have found a soft landing.

Now, if he would just have Trump arrested.
 
BidenPresident said:
the so-called “free market” does not exist.
Click to expand...
Wishful thinking from a loser Marxist troll.

BidenPresident said:
Markets are always and inevitably human creations. They reflect decisions by judges, legislators and government agencies as to how the market should be organized and enforced – and for whom."
Click to expand...
Hey troll, what legislators' and judges' decisions are reflected in my son wrapping someone's car?

Didn't you ever learn anything? Wait, that was a stupid question. If you had, you wouldn't be such a mindless troll.
 
BidenPresident said:
Unlike his Democratic predecessors, Biden has not sought to reduce trade barriers. In fact, he has retained several from the Trump administration. But unlike Trump, he has not given a huge tax cut to corporations and the wealthy. It’s also worth noting that in contrast with every president since Reagan, Biden has not filled his White House with former Wall Street executives. Not one of his economic advisers – not even his treasury secretary – is from the Street.

https://www.theguardian.com/comment...-changed-economic-paradigm-reagan-free-market
Click to expand...


explains why he doesnt realize we are in a recession.
 
You must log in or register to reply here.
Back
Top