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Thread: Which is the greater priority for America?

  1. #11
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    Re: Which is the greater priority for America?

    Quote Originally Posted by StillBallin75 View Post
    The two go hand in hand.
    I think there is a difference...
    fixng/growing the economy improves unemployment...

    but improving unemployment doesn't necessarily mean a growing/fixed economy... they could be forced jobs paid by debt/taxes, could just be switching money around instead of any actual growth... for example Vietnam has a good unemployment rate but terrible economy with tons of inflation.

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    Re: Which is the greater priority for America?

    What's the difference?
    Can one be done w/o the other?
    I may be wrong.

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    Re: Which is the greater priority for America?

    I think that the gov't needs to implement policies that cause job growth in new industries especially local utilities. Downhome solar and wind, not incestous Corporate wind turbines that are a financial structure and not a renewables structure. I don't want to grow already too large Corporations. If one seriously attacks global warming and acknowledges the fact that our centalized energy distribution is a financial albatross and a dinosaur, then we can begin local job development that grows the ecomomy from the bottom up. Forget that mythical "trickle down" that has been found a fraud since Saint Ronnie.

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    Re: Which is the greater priority for America?

    Quote Originally Posted by Simon W. Moon View Post
    What's the difference?
    Can one be done w/o the other?
    Yes, they can

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    Re: Which is the greater priority for America?

    Quote Originally Posted by nonpareil View Post
    At what level of "unemployment" is it unsustainable? European countries, like France and Spain, maintain a higher structural unemployment level than the US and appear to be fine.
    Depends what you mean by fine. Per capita growth in Europe is relatively low. Europe trades high growth for stability. When the US is roaring, they're just puttering along. When the US tanks, they suffer, but not as bad. Furthermore, the debt issue is going bring real questions about how long Europe can sustain its welfare society. Basically everyone but Germany is moving towards austerity and welfare is going to get whacked. It remains to be seen how long they can sustain 8%+ unemployment.

    The US doesn't have to stay consumer driven, it can change, as China is shifting towards a higher consumption as part of its GDP from Export, so the US can do the reverse.
    That's true, like German does the same thing relying heavily on exports. Both have their ups and downs.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Which is the greater priority for America?

    Quote Originally Posted by celticwar17 View Post
    I think there is a difference...
    fixng/growing the economy improves unemployment...

    but improving unemployment doesn't necessarily mean a growing/fixed economy... they could be forced jobs paid by debt/taxes,
    Right, but depending on how it's done, you can have good GDP growth, decent employment numbers, as well as deficit spending.

    could just be switching money around instead of any actual growth...
    This does nothing to help unemployment, either, really.

    or example Vietnam has a good unemployment rate but terrible economy with tons of inflation.
    We live in a market economy.

    So I think you DO have a point. But in this particular case - our current economic recovery - they go hand in hand.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
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