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Thread: Wal-Mart: Our shoppers are 'running out of money'

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by ecofarm View Post
    So, what lean is Tucker? Whenever I've noticed him, he was supporting the free market; I don't recall other standpoints.
    I'm a Neo-anti-federalist (a term of my own invention). Many people have trouble figuring out my lean because I have different beliefs abotu what I think State and Local government should do from what I believe the Federal government should do.

    I may argue in favor of something philosophically because I support my State of local government taking those actions, but I would oppose the federal goverment doing the same thing. A good example is legalized abotion. I'm against Roe v Wade and I believe that it should be overturned, but I am also ardently pro-choice and I would absolutley oppose Illinois passing laws against abortion.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by American View Post
    Carter Doctrine - Wikipedia, the free encyclopedia

    Here educate yourself on the Carter Doctrine.
    LOL! I wasn't the one who thought Carter's plan consisted of wearing a sweater and turning down the theromstat.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by cpwill View Post
    why do we need to government to tell us where and how to get our energy?
    you don't, go find your own....
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    Truth rings hollow in empty heads.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    see, that's my idea too, but the government gets in the way.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by cpwill View Post
    why do we need to government to tell us where and how to get our energy?
    To prevent the Chinese and the rest of the world from getting too far ahead of us in economic growth due to the cheap alternative energy sources they are developing. To do otherwise is to knowingly continue to undermine our own economy by keeping it dependent on ever more costly oil.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    why in the world should we think that having our incompetent overbureaucratic, politically oriented and misincentivized federal government running our energy policy will help us achieve economic growth? that has been the precise opposite of our experience.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    We should put a 50% tariff on anything that is coming into this country and F China

    You know what? Do you think these other countries would allow us to pretty much undercut their industry? Can I get a hell no and can I get a F China?

    Do we really wish to sit back and allow China to be the World Leader? Are we just suppose to sit back and watch it happen? I don't think so but guess what? We have allowed this to happen. Wake the Hell Up People of the USA!

    Bring Back the REAL American Dream: you know the one that included us having our own jobs and did not include letting some other country get ahead of us. Shame on us and mostly: Shame on the U.S. government.

    Maybe our gov is willing for us to be a country to where our Dollar is NOT worth the paper it is printed on? But I am not!

    China is almost a kind of enslaved nation and we have allowed it to get this far? Oh hell no.

    WTH were we/USA thinking?
    ~Following My Own Flow~

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Kali View Post
    We should put a 50% tariff on anything that is coming into this country and F China
    good idea! Screw poor people!

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by cpwill View Post
    good idea! Screw poor people!
    No. This would not hurt poor people it would make big biz in this country keep it here and they would have no choice of making things people can afford. Sorry if you find my idea not good. I admit I am no expert.


    Khrushchev said something like we will never have to fire a shot to conquer America and it seems he was correct as if we keep on this road of destroy? He is right. Sadly other people are taking over and will destroy thr USA is we allow it.


    What do you think China is doing to us? They are gonna destroy us and they need no weapons. We are letting em do it!
    Last edited by Kali; 05-16-11 at 02:11 AM.
    ~Following My Own Flow~

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Kali View Post
    No. This would not hurt poor people
    actually it would. you see, poor people have less money. this means that they are more vulnerable to things like price increases. What do we import from China? quite a bit - basically we import Wal-Mart. Of course, poor people shop at Wal-Mart, because that's where they can buy things cheaper, which increases their standard of living. Raise the price of Wal-Mart = lower their standard of living.

    And that's just the immediate effect. Instantly increased prices will reduce the available capital stock of everyone, which means that capital which is available for investment and growth will instantly shrink, and businesses (which have spent the last 3 years belt-tightening to the bone) will begin to have to engage in massive layoffs. and that's just our general businesses - businesses which depend upon imports from China will have to do this immediately. As more people (and we are talking millions - again, starting with the poor people, as they are generally the ones with the least critical job skills and which businesses can therefore most easily afford to let go) are tossed from the employment rolls onto the social security net, government spending will reexplode, necessitating another massive expansion of borrowing or tax hikes which will further reduce the available stock of capital which will necessitate further firings, which will necessitate further spending on the social safety net which will necessitate further borrowing or taxing....

    ...and the whole thing becomes a death spiral until we finally reach that brutal cut-off point where we just have to start throwing millions of Americans, who are already poor, off the system, into a world in which the cost of living has dramatically spiked and they have no resources, and hope they don't starve to death.

    and we're not to the worst part yet you see, China is the largest foreign holder of our dollars and our debt. This means that whenever they want to, they can destroy the American ability to borrow and the American ability to buy. It will cost them heavily, which is why they don't. BUT, thanks to our brilliant "tax them at 50%" scheme, we have initiated a trade war - which means that they are already staring those losses in the face and they have nothing to lose and quite a bit to gain by destroying the US Economy.

    SO, they dump their bonds and their dollars, which means the cost of borrowing for the US shoots prohibitively high overnight even as our dollar collapses. Social Security? Medicare? Government Functioning? Defense? Welfare? we depend on Borrowing to keep these things running at their current pace. now, in the long term, we obviously have to bring those costs down to manageable levels, and there are many plans on how to go about doing that over decades.... but now - thanks to our genius tariff idea - we have to do it immediately. Say goodbye to the federal government, because much of it is going away. Social Security and Medicare will immediately be cut roughly by one-third to one-half, Welfare will be gone, Agriculture gone, Education gone, 80% of the military gone, NASA gone, foodstamps gone, WIC gone.... you get the idea.

    most people will probably survive without the programs; but many of our elderly poor will probably die.


    but hey! at least we got to give the middle ****ing finger to china, eh?!? YEAH! stickittoem! wooh!


    it would make big biz in this country keep it here and they would have no choice of making things people can afford. Sorry if you find my idea not good. I admit I am no expert.
    sorry if i sounded like a sarcastic a-hole above, I don't mean to attack you here, just the idea that we can help ourselves by destroying large sectors of our own economy.

    What do you think China is doing to us?
    I think that they are sitting on our debt, shifting to short-term paper so that they can dump us with minimized pain if they need to, and taking advantage of US fiscal irresponsibility in order to set themselves up to expand their relative power in the region.

    do you really want to screw over China? Balance the budget. An America which can no longer be threatened by their ability to dump debt and dollars is an America with a much freer international hand.

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