Posted on 07/21/2015 7:40:19 AM PDT by C19fan
http://www.bloombergview.com/articles/2015-07-21/there-s-just-one-way-to-achieve-4-percent-growth
Bush is going around talking about he is going to increase sustained GDP growth to 4% which has not been since the 1960s. He has not said per-capita GDP but GDP. So I know enough economics that he can achieve his goal if he starts increases the workforce dramatically by an open borders. Of course, that will improvish the rest of rest and destroy out civic society but it will get to his 4% goal.
Whatever works-for crony “capitalists” and the globalist New World Order.
Policy and laws are the way to change this around. Its only in the past 7 years of Obama that we have made affirmative action excuses for such a bad economy.
Why didn’t these immigrants bring 4% growth to the countries they came from then?
there-s-just-one-way-to-achieve-4-percent-growth while maintaining a crony-socialist economy!
Well, we could go to war and just take stuff other nations have produced. A foreign-born army would be handy for that too.
Thank you for your post.
I have suspected that GDP growth has been the goal of the R party (and the D party) for a few years. That increases tax revenues but can do so even as average wages decline. It is done by greatly increasing population and, therefore, economic activity including number of workers. This increases absolute tax revenues but could easily (and will) reduce average incomes. The issue the political parties are ignoring is the cost of that greatly increased population—many of these new bodies are net negatives to the government.
The term “immigration reform” should be replaced with the term “wage reduction” because that is the personal effect for most Americans.
I can also give you examples of small countries; such as Isreal, Taiwain, South Korea, and the Netherlands who do not have the populations of most countries, yet have outpaced them in growth for decades, if not centuries.
Capitalism and policies matter.
I want the illegals to go home. There’s more to life than creating a country so liberal elites can have a dedicated servant class and a pool of cheap labor to work their farms.
Eff ‘em.
He’s wrong. We could remove most of the regulatory and tax costs on the economy. 4% growth would be nothing.
We have in excess of 40 million people out of work, and this guy thinks more people is the answer to the need for more productivity.
Wow.
He’s needs some help.
“One of the many liberal economist (an oxymoron) fallacies is “more people = more growth/better economy”.”
Very good point. It goes back centuries—the gov’t wants more people for military, labor, and taxation purposes. However, gov’t tends not to think in terms of finances and through the centuries many gov’ts have been in dire financial situations. Our current Fed gov’t seems oblivious to the economic pressures on the nation and on individual citizens.
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