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Donald Trump is dead wrong. America is a fabulously rich and great nation.
The Week ^ | 3-23-2016 | James Pethokoukis

Posted on 03/23/2016 2:45:59 AM PDT by Citizen Zed

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To: nathanbedford
The first will send us into a massive depression and the second is the oldest con game in the politicians' handbook.

I don't believe Cruz can get the nomination, certainly not in a first ballot, and probably not even at an open convention. My impression is that the establishment wants to generate an open convention and then nominate a "compromise" candidate because neither Trump nor Cruz will have a majority once delegates are free to change their votes. Do you think I'm wrong and that Cruz can win delegates over against Trump's 45% to 49% if Trump falls short of a majority? What path, as a viable alternative to Trump, would you recommend from here?

21 posted on 03/23/2016 3:13:04 AM PDT by Pollster1 ("A Bill of Rights that means what the majority wants it to meand over an is worthless." - Scalia)
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To: Citizen Zed

“Yet retreat is just what Donald Trump seems to be proposing.”

The author conflates “retreat” with securing our nation. The author is a tool of the GOPe. Does the author open up his yard to vagrants and criminals or anyone else that simply wants to come in?


22 posted on 03/23/2016 3:14:43 AM PDT by raybbr (That progressive bumpers sticker on your car might just as well say, "Yes, I'm THAT stupid!")
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To: Citizen Zed

Bulls**t

I’m forever getting by, where I should be prospering. I did very well during Reagan’s reign; and downhill from then as my income increased: taxes, fees, mo’ taxes, outrageous medical fees, dropdripdrip. What, 80% of the treasury’s take pays people not to work, ineffective war-engines, degrees in vaginal studies, and bloated sale rise and the foreign aid rathole.

I think your not old enough to remember 22% capital gains? $25 doctor visits for an ear infection? Private hospitals that offered 70% discounts for cash? Investment in public facilities and infrastructure (bridges) that were built to last a century instead of 20 years?

Those were the good old days.


23 posted on 03/23/2016 3:16:39 AM PDT by dasboot (..but I see things as they could be, and say," get the frick outta my country!)
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To: nathanbedford
1. Start trade wars so that the economy will grow; 2

Turn off Mark Levin, which I know this talking point has been has been parroted many times by him. I have a degree in Economics and an MBA so I can speak better on the subject than a D.C Lawyer and angry talk show blowhard. Smoot\Hawley did not cause the depression and it's debatable it even exacerbated it. If you'd like I can lay out facts and educate you. That The Great Depression was a series of coincident events not one event which caused an economic cratering

24 posted on 03/23/2016 3:19:21 AM PDT by pburgh01
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To: SkyPilot

I’ll wager most of that ‘net’ in net worth is real estate.

There’s a math puzzle sometimes done to demonstrate government spending. If the feds confiscated all the wealth of the Forbes 400, how long would it take the feds to spend that wealth? Repeat the calculations for various xx % of the wealthiest Americans.


25 posted on 03/23/2016 3:19:53 AM PDT by jjotto ("Ya could look it up!")
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To: pburgh01
I concur. This is one of the most misused criticisms of Trump's tariff suggestion (I'm not even sure what his follow-through will be like).

Is the economy today like the economy of the 20's? No, there was a lot more manufacturing of critical products here. So much so, that we actually exported quite a bit. The tariffs were designed to protect American companies from foreign dumping.

In today's world, what critical products are manufactured here at the capacity we were at in the 1920's?

So raising tariffs would result in three possible outcomes

1) Foreign countries refuse to supply goods here to avoid the tariff. This would also reduce their sales and diminish their ability to provide for their own government. In turn, American companies would have to start manufacturing the products here to meet demand, creating more jobs.

2) Foreign companies could continue to ship here and pay the tariff. Not the ideal solution for anyone, but it would be a source of revenue to reduce the deficit.

3) Since the tariffs will be an international negotiation, the countries in question could eliminate discussion of the tariff by opening their markets to U.S. trade goods and reducing the trade deficit.

Have yet to see how this plays out in contributing to a world wide depression, when we're in such a trade deficit now.

26 posted on 03/23/2016 3:43:14 AM PDT by cincinnati65
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Comment #27 Removed by Moderator

To: trebb
If it's [wealth] judged by the fact that even the most pathetic morons can say stupid things and consider them to be witty and intelligent, then we are rich beyond anyone's dreams.

LOL!

28 posted on 03/23/2016 3:50:44 AM PDT by stig
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To: Citizen Zed

Trumps point on NATO and the UN I suggest is that the other members need to shoulder a greater portion of the financial cost. If we only reduced our cost to 50 percent of each, there would be quite a saving.


29 posted on 03/23/2016 3:54:23 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Citizen Zed

This author is a loon. To say we aren’t bankrupt with what the deficit and debt and ever growing pension load, the US is in fact bankrupt. There are some who suggest we are worse off than Greece

Donald’s point because the author misses it is that The US used to be strong enough militarily and e onomically that people and governments came tos us. These days we go hat in hand...please buy our bonds yet again


30 posted on 03/23/2016 3:56:36 AM PDT by Nifster (I see puppy dogs in the clouds)
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To: Citizen Zed
We are 19 Trillion dollars in debt but we aren't broke?

What math do these guys use?

31 posted on 03/23/2016 3:58:37 AM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: Citizen Zed

America isn’t broke.????
18 plus TRILLION dollars in debt?
Bridges in all states being condemmed and no money to repair them
Detroit operating with half its street lights out
Less people in the work force then in the past 50 years
More people on welfare then at anytime in the past 50 years
A part time economy instead of a full time economy.
Yeah, let the good times roll.................


32 posted on 03/23/2016 4:00:58 AM PDT by 48th SPS Crusader (I am an American. Not a Republican or a Democrat)
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To: Citizen Zed

I say we quadruple our National Debt!

I want free food and cars!


33 posted on 03/23/2016 4:06:17 AM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: Citizen Zed

No, he doesn’t.


34 posted on 03/23/2016 4:07:03 AM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: jsanders2001

Unfunded liabilities $127 Trillion +


35 posted on 03/23/2016 4:08:16 AM PDT by stocksthatgoup (GOPe/MSM - "When we want your opinion, we will give it to you.")
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To: Citizen Zed

Weak article, starts from wrong premise and winds around thru convoluted arguments to reach a wrong conclusion.

Yes there are some good points in there, but none of them have to do with Trump’s plans. He has spoken of engaging other nations on a variety of issues.

Seems like maybe another example of the desperate lengths some will go to to make Trump look bad.

I heard a program on the radio actually criticizing Trump for not being “as rich” as Zuckerberg or Gates!


36 posted on 03/23/2016 4:09:00 AM PDT by opus1 (google is not the font of all wisdom)
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To: Citizen Zed

His best is in pointing out the isolationism Trump is planning as expressed Monday. Not many of his supporters replying on here are addressing that.


37 posted on 03/23/2016 4:09:32 AM PDT by John W (Under One Year And Counting!)
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To: Nifster

To me the crumbling infrastructure can’t be ignored; it is the most obvious sign that the “wealth” is just concentrated in a few hands, not the country itself.


38 posted on 03/23/2016 4:16:13 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Citizen Zed

Pet is ridiculous. He sounds like those guys right before the mortgage collapse. Nothing to see here.

This great nation has seen its middle class shrink by about 15% in the last 10 years, has a “reserve” currency only because all the rest are even WORSE, has a shrinking industrial sector, doesn’t have a new fighter plane on the drawing board for the first time EVER, has unfounded obligations hint: that means we can’t pay) of $90 TRILLION, has a drug sector that charges $80,000 a year for MS drugs because it is forced to virtually give them away in Europe, has shipped an Apple manufacturing facility of a HALF MILLION to China, has seen once-great cities like Detroit and Dayton shrink by 2/3 and 1/3 . . . .

Yeah, Pet, things are peachy. What a shill.


39 posted on 03/23/2016 4:19:41 AM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually" (Hendrix))
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To: Mason

Better to be wanted by the police than not wanted at all

40 posted on 03/23/2016 4:20:00 AM PDT by Stepan12
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