Lao Tse
Verified User
Bipartisan support of globalist stupidity is the real problem.
Pelosi says capitalism has not served the U.S. economy
- Thread starter BidenPresident
- Start date
Bipartisan support of globalist stupidity is the real problem.
PostmodernProphet
fully immersed in faith..
well, Biden IS president, isn't he?....
PostmodernProphet
fully immersed in faith..
yes, desh.......I am totally in favor of people working and getting paid for it......
Globalism was created by corporations and the rich who are mostly Repubs.
It's a mixed bag. She isn't all wrong or all right. The wealth disparity and poverty numbers are a public disgrace, as is the national debt.
Growth, output and total wealth and inflation levels over time are terrific. Our population is mostly literate.
There is an abundance of food. There is free public education. So those baseline things are still there.
We have an economy that caters to the rich. You have to come to the USA to get the very best of everything,
but you can't have any of it unless you are rich. Shanty streets in cities with thousands living in deplorable poverty and disease and dirt.
I respect America more than someone who falls for a know nothing blowhard like Trump, a guy who would sell out my country in a heartbeat for a price. Yes, I served. I enlisted straight out of high school. I've also served in the political sphere, in journalism and in law, and I've studied what America is and has been about.
So, you have TDS , like all the other far left loons.
President Trump did not cause the deaths of 13 of our military, leave Americans and Afghans stranded in Afghanistan...hostages and caused Afghanistan to become a terrorist nation-state.
He also defended our sovereignty at the border, lowered taxes and assisted in the lightening speed development of the COVID 19 vaccination and its distribution, lowered taxes, facilitated 4 peace agreements in the ME.
I seriously doubt that you served, the far left leaves that to American patriots.
I served three years. My serial number is branded in my brain. But I can see you haven't "served" if you think the military is made up of "American patriots" rather than guys who joined for one or more of a host of reasons, most having little to do with patriotic fervor. You're the guy, Earl, with TDS. To me, Trump is a sorry excuse for a grown man. He strikes me as unhappy, vengeful, selfish, humorless, unread and uninterested in most things that give satisfaction in living. I would feel sorry for him if he would be good enough to stay out of public life.
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T. A. Gardner
Thread Killer
That's because the US was the only major nation that wasn't in ruins from WW 2. Once Japan and Europe began to recover fully, the US economic position went into decline.
Maybe you should look more closely at what killed off the US steel and auto industry across what's now the "Rust Belt" sometime. Regulation, taxes, and heavy handed unions destroyed them.
evince
Truthmatters
How long did it roar fool?
evince
Truthmatters
But they only if they are treated like shit by their employer?
Maybe you need to look up the word exploited
T. A. Gardner
Thread Killer
Now, can we get back to the thread?
Who cares? That isn't the issue. The issue at hand is What killed it off?
AProudLefty
Black Kitty Ain't Happy
evince
Truthmatters
Now, can we get back to the thread?
Who cares? That isn't the issue. The issue at hand is What killed it off?
The length of this economic period is right on subject
When did the war end?
When did this economic boom end?
evince
Truthmatters
https://en.m.wikipedia.org/wiki/Pos...ate_for_Highest_and_Lowest_Income_Earners.jpg
Tax rates
Correlate with the boom
Most agree that this boom ended in the early 1970s
When the corporate tax rates were brought down
Look at the chart
Look at the correlations
Tax rates
Correlate with the boom
Most agree that this boom ended in the early 1970s
When the corporate tax rates were brought down
Look at the chart
Look at the correlations
T. A. Gardner
Thread Killer
1945
About 1952 (7 years)
After 1952, economic growth in the US slowed dramatically. While it continued to gain ground into the late 60's it did so at a much slower pace. Then, under Nixon a massive growth in regulations occurred, particularly with the introduction of OSHA and the EPA. That was the beginning of the end for the Detroit auto industry and steel production in the US.
BidenPresident
Verified User
Capitalism helps concentrate wealth, which is useful to fund huge projects. But capitalism is not a system of government. A lot of people do not understand the difference.