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Why Is The Economy So Bad?
The American Dream ^ | May 28 2011

Posted on 05/29/2011 3:58:14 AM PDT by GonzoII

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To: Spktyr

I have a theoretical for you:

Our trading “partners” (enemies waging war against America by other means) are keenly aware of what happens in America. Our society is quite open, so political trends here are understood around the globe.

If Americans begin actually to support import tariffs, those so called “partners” will see that, and realize their free lunch is about to end - and take real moves to head off support for tariffs when but only when forced this way.

Preemptively, offering concessions. It is an integral part of all successful negotiations - one must be willing to walk away. In fact, often the best deal will only be reached when literally, walking away.

Not only are we not negotiating this way - we are not even trying. We are simply being meek, and giving our country away. WTF?

As things are now we are simply surrendering, and our adversaries (yes, that’s what we’re dealing with) have absolutely zero incentive to stop plundering our economy.

America is rapidly heading for collapse. Right in front of our eyes. This is not a game.


41 posted on 05/29/2011 4:52:28 AM PDT by Cringing Negativism Network (BUY AMERICAN. The job you save will be your son's, or your daughter's)
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To: GonzoII

If someone gave a clear explanation of why it is so bad, who would listen? Huh?


42 posted on 05/29/2011 4:52:46 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: GonzoII

One of the big reasons for our situation is that we have too much unsupportable debt on the books: government, corporate, and consumer debt.

until this is worked out, it is going to keep everything down.


43 posted on 05/29/2011 4:53:09 AM PDT by Jonty30
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To: Cringing Negativism Network
Tariffs crumpled the economy into a decade of depression in the 1930's. And it will not work now.

The answer is to free up individual Americans to become industrious and competitive again, we could rule the world for another decade; get rid of the incredibly burdensome government regulation (easy - just words to change), over taxation of enterprise (easy), social welfare programs up the wazoo (easy), outright attacks on entrepreneurs (easy), and the lying, cheating, thieving, government bureaucrats (hard).

Most changes are up to politics, would only the even corrupt politicians see the advantage in a wealthy America... Aside: Hey, stupid, you can get more! And you might not have to provide you and your family to ride around in an armored car! Idiot!

44 posted on 05/29/2011 4:55:28 AM PDT by GregoryFul (Obama - Jim Jones redux)
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To: GregoryFul

In the 1930’s we made things.


45 posted on 05/29/2011 4:56:10 AM PDT by Cringing Negativism Network (BUY AMERICAN. The job you save will be your son's, or your daughter's)
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To: Cringing Negativism Network

Address our legal inability to make products first. Even if you cut off ALL imports to the US we STILL can’t make things without imported parts because of the stupid EPA!


46 posted on 05/29/2011 4:59:29 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: SatinDoll
Yes, the banks are scared. But so are businesses & consumers.

Obama, Reid, McConnell, Boehner, Pelosi, & company are like a tornado in Kansas: You don't know where it will go next, but it is sure to leave a trail of destruction.

Thinking people have ZERO confidence that the above group will get responsible about the debt, the deficit, taxes, & gross over-regulation. Businesses & entrepreneurs are too scared to start new ventures or hire new employees. Consumers are afraid to spend money not knowing what may happen tomorrow. Inflation is making us all poorer.

Given that about half of voters will vote to continue the madness, I am not encouraged.

This is too depressing to continue, so have a nice day.

47 posted on 05/29/2011 5:01:54 AM PDT by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: GonzoII

Socialism/Totalitarianism

Terminate totalitarian regulations/mandates. Reduce federalism and mini-me state federalism by 1/2. 1/2 pay, zero benefits in part-time federal and state legislatures.

Defund ALL socialist collectives foreign/domestic/corporate. The U.S.A. becomes financially solvent and we become very low-taxed prosperous/productive citizens in a country which acts as a beacon for individual liberty.

From, Frederic Bastiat 1801-1850...The Law...

Men naturally rebel against the injustice of which they are victims. Thus, when plunder is organized by law for the profit of those who make the law, all the plundered classes try somehow to enter — by peaceful or revolutionary means — into the making of laws. According to their degree of enlightenment, these plundered classes may propose one of two entirely different purposes when they attempt to attain political power: Either they may wish to stop lawful plunder, or they may wish to share in it.

Woe to the nation when this latter purpose prevails among the mass victims of lawful plunder when they, in turn, seize the power to make laws! Until that happens, the few practice lawful plunder upon the many, a common practice where the right to participate in the making of law is limited to a few persons. But then, participation in the making of law becomes universal. And then, men seek to balance their conflicting interests by universal plunder. Instead of rooting out the injustices found in society, they make these injustices general. As soon as the plundered classes gain political power, they establish a system of reprisals against other classes. They do not abolish legal plunder. (This objective would demand more enlightenment than they possess.) Instead, they emulate their evil predecessors by participating in this legal plunder, even though it is against their own interests.

It is as if it were necessary, before a reign of justice appears, for everyone to suffer a cruel retribution — some for their evilness, and some for their lack of understanding.

It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.


48 posted on 05/29/2011 5:03:00 AM PDT by PGalt
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To: Spktyr

Who said anything about cutting off imports?

Imports will simply cost more. Anything made here won’t cost more. Ergo, more Americans will decide freely to buy things made in America.

You can still buy anything from anywhere, contrary to what you are attempting to distract readers by claiming. Even imported red colored herring, to paint on your glock. :)


49 posted on 05/29/2011 5:03:20 AM PDT by Cringing Negativism Network (BUY AMERICAN. The job you save will be your son's, or your daughter's)
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To: GonzoII

......are crappy, low paying jobs.......

The jobs that are gone overseas apparently were the uncrappy high paying jobs. Perhaps there is something important there. The jobs actually paid too much. The high paid workers were uncompetitive and lost their jobs to those working at lower rates.

In the case of China as opposed to many other places to which the jobs migrated, it is Chicaps not Chicoms that have made the economic gains by revolutionizing what and how things are done. The China of today is nothing like the old stodgy communist nation of say 40 years ago.

High paying jobs exist where there is a competitive margin. We have such margin and many such jobs but complacency can erode the margin and place those jobs at risk.

It is worthy to note that New England using the power generated by it’s rivers established vast textile industries and took well paying jobs from England. Much later, the high paying jobs were lost to southern states where there was electricity and lower cost work force. Most of those jobs have migrated off shore. The Competition from abroad did them in.

There of course other factors in the total cost equation. California is a case in point where the entire state was regulated to raise business and manufacturing costs to the point where the competitive margin was lost, Detroit suffered the same fate.

Until the anti business climate is abolished, there will be no recovery and in fqct will be continued decline.


50 posted on 05/29/2011 5:06:04 AM PDT by bert (K.E. N.P. N.C. D.E. +12 ....( History is a process, not an event ))
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To: Cringing Negativism Network

Er, no. You are being deliberately obtuse.

1. Critical parts of many goods have to be made outside the US because the EPA says we cannot make them here.
2. These parts will cost a lot more if such a tariff is enacted.
3. The manufacturers needing these parts cannot set up a new US factory to make these parts as the EPA will not allow their manufacture here.
4. Therefore, the cost to the manufacturer is now up at least 100%.
5. Manufacturers pass costs on to the customer in the form of increased prices.

Address this issue, please. Tariffs will not encourage US manufacture until this enormous stumbling block is removed.

Now, if you want to talk about a law to mirror the tariffs of other countries right back at them, I’m all for that. But just a flat 100% tariff on anything imported? Won’t even begin to accomplish your stated goal.


51 posted on 05/29/2011 5:08:11 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Yet_Again

A company-blind across the board import tariff would have one additional benefit.

A blanket import tariff would apply to everything imported. Thus the “American” car factories in the south, piecing together cars from components made in Korea or Japan would pay tariffs on the amount of content in those “American made” cars which was not actually made in America.

This would immediately create a powerful incentive to bring the manufacture of all those parts here as well.


52 posted on 05/29/2011 5:09:10 AM PDT by Cringing Negativism Network (BUY AMERICAN. The job you save will be your son's, or your daughter's)
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To: pnh102
Actually, four words. The other three are "Democrat Controlled Congress."
53 posted on 05/29/2011 5:09:23 AM PDT by TwelveOfTwenty (Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
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To: Spktyr

Your constant repetition is at attempt to foist upon this discussion a false premise.

That import tariffs, would prevent American manufacturing.

That’s Orwellian.


54 posted on 05/29/2011 5:13:02 AM PDT by Cringing Negativism Network (BUY AMERICAN. The job you save will be your son's, or your daughter's)
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To: Cringing Negativism Network

I prefer a less expensive car to paying more and getting the same or less.

The purpose of business, that is capitalism, is to make money, not provide wages to over paid workers.

Your brand of industrial control socialism is not wanted


55 posted on 05/29/2011 5:13:55 AM PDT by bert (K.E. N.P. N.C. D.E. +12 ....( History is a process, not an event ))
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To: bert

Nowhere in anything I support has anything whatsoever to do with control, or socialism.

Import tariffs. Nothing more, nothing less.

The free market, capitalism and individual Americans making free decisions, will take care of the rest.


56 posted on 05/29/2011 5:17:03 AM PDT by Cringing Negativism Network (BUY AMERICAN. The job you save will be your son's, or your daughter's)
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To: bert
I really remember looking and listening to stock analyst before the crash on how all we were was a service economy and 70% of our GDP was spending by Consumers.

Why in God's name didn't someone see this as it was unsustainable.

57 posted on 05/29/2011 5:17:07 AM PDT by scooby321
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To: GregoryFul
Tariffs crumpled the economy into a decade of depression in the 1930's. And it will not work now.

Total nonsense. The GD was a result of Fed policies which shrunk the money supply by 30% during the four years after the stock market crash in 1929.

The great depression and its offspring, the New Deal, could both have been avoided if the Federal Reserve had performed the task assigned to it. All the Federal Reserve had to do to avoid the Depression and the subversion of the American constitutional order was to purchase $1 billion in government securities during the 10-month period from December 1929 to October 1930. The result would have been an increase, instead of decrease, in high-powered money, and the banking crisis that began in the autumn of 1930 would not have occurred.

The Fed's "Depression" and the Birth of the New Deal

The Great Depression According to Milton Friedman

The Great Depression Could Have Been Avoided if the Fed Had Not So Badly Botched Its Monetary Policy

The Smoot-Hawley boogieman has been thoroughly debunked. It had little or nothing to do with the GD and isn't even mentioned in the above articles. Fed inaction caused the GD. Bernanke sure believes it and seems to be going to the other extreme by constantly increasing the money supply with easy money.

58 posted on 05/29/2011 5:28:00 AM PDT by Will88
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To: Cringing Negativism Network

Total nonsense - it would cripple economic activity and destroy another 50% of the jobs in this country - we would never recover from such a stupid idea!


59 posted on 05/29/2011 5:31:33 AM PDT by GregoryFul (Obama - Jim Jones redux)
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To: bert
The purpose of business, that is capitalism, is to make money, not provide wages to over paid workers.

Lol, and which Americans are overpaid and which are not?

We used to call that the high American standard of living and take great pride in it. Now it's "overpaid workers".

What do you do? Are you overpaid?

If you work in the USA, you're overpaid compared to the rest of the world, not matter what you do. Let's get your earnings in line with global averages.

60 posted on 05/29/2011 5:32:33 AM PDT by Will88
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