View Poll Results: What is te top reason for the current US economic criss?

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  • Tax rates on job creators are too high.

    2 3.13%
  • Technology has eliminated many jobs

    1 1.56%
  • Our workforce is not qualified enough to demand high paying jobs in science and technology

    0 0%
  • Competition with cheap overseas labor

    22 34.38%
  • Healthcare reform

    0 0%
  • Too much regulation on business

    10 15.63%
  • Too little regulation on business

    19 29.69%
  • Barack Obama

    10 15.63%
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Thread: What is the top reason for the current US economic problem?

  1. #81
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by Kane View Post
    Yes - a combination of manipulated factors. As in how long could Bush and the GOP could suppress facts about housing bubbles and the coming banking collapse until he was out of office. According to Tim Geitners Congressional testimony , they knew and I quote - "There were significant problems with the banks," as far back as 2005.

    Also - how many markets are being gamed is examined further ...

    Libor Is Not the Only Manipulated Economic Number | ZeroHedge

    Budget Buster: Pentagon Unable to Account for



    Yep, if the GOP continues not to compromise on eliminating the Bush tax cuts for the rich, the resulting sequestration that will drastically cut military spending may be a blessing in disguise.
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  2. #82
    Death2Globalists Matt Foley's Avatar
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by PrometheusBound View Post
    We can't say "foreign" labor because the multiculties will accuse us of being Big Meanies who don't believe in international brotherhood. There is an Internet fatwa against national pride.
    How 1984'ish.
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  3. #83
    Death2Globalists Matt Foley's Avatar
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by Harry Guerrilla View Post
    Manufacturing is not heading to China.
    Robots have displaced Americans, because they're better employees/workers.
    Globalist = Free Trade, Open Borders, Multiculturalist, Anti-White Racist, Hypocrite, Sophist, Deceiver, Manipulator, Warmonger, Vulgar Culture, Morally Depraved......Enemy

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  4. #84
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    Re: What is the top reason for the current US economic problem?

    The current US economic crisis and its' causes are owned lock, stock, and barrel by that brilliant economic tactician, master bloviator, advocate for the 1%, the original talking chimp (97% dna match, he's taller), Republican extraordinaire, GWShiiteForBrains, and his secret recipe, a.k.a. "tax cuts for the wealthy," is about to be recycled by a brand spankin' new scion of wealth and privilege, Mitt Romney. Hot damn, ain't it a shame and there's lots of crimes in there, for sure. Trust the "Mighty Wurlitzer" to keep the spongebrains workin' smoothly.

  5. #85
    Death2Globalists Matt Foley's Avatar
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by DaveFagan View Post
    The current US economic crisis and its' causes are owned lock, stock, and barrel by that brilliant economic tactician, master bloviator, advocate for the 1%, the original talking chimp (97% dna match, he's taller), Republican extraordinaire, GWShiiteForBrains, and his secret recipe, a.k.a. "tax cuts for the wealthy," is about to be recycled by a brand spankin' new scion of wealth and privilege, Mitt Romney. Hot damn, ain't it a shame and there's lots of crimes in there, for sure. Trust the "Mighty Wurlitzer" to keep the spongebrains workin' smoothly.
    Wrong. The amount of Bush tax cuts is negligible compared to the wealth gap.
    Globalist = Free Trade, Open Borders, Multiculturalist, Anti-White Racist, Hypocrite, Sophist, Deceiver, Manipulator, Warmonger, Vulgar Culture, Morally Depraved......Enemy

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  6. #86
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by Matt Foley View Post
    Wrong. The amount of Bush tax cuts is negligible compared to the wealth gap.
    OK, I left out that he started two wars on the credit card, is responsible for the deaths of a million Iraqis, had a VP who profitted handsomely on stock because of the war, lied with true professionalism (can't tell the lie from the truth because if you repeat the lie 1,000 times it automatically becomes the truth), initiated an insurmountable debt bubble problem, but on the positive side, I think he was nice to his mother. Just a Great American icon, don't you think?

  7. #87
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by Smeagol View Post
    Very interesting. Often debt is presented as a solution to economic difficulties.
    short term, temporary, debt might be a useful tool, but long term it is very destructive...
    Oracle of Utah
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  8. #88
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by Harry Guerrilla View Post
    Manufacturing is not heading to China.
    Robots have displaced Americans, because they're better employees/workers.
    I was reading about this 30 years ago....Business Week, IIRC. article was about a major appliances plant that was mostly automated. Master computer could be switched from washers one week to dryers next week, according to demand.
    Oracle of Utah
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  9. #89
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    Re: What is the top reason for the current US economic problem?

    Quote Originally Posted by Morality Games View Post
    Our economy doesn't provide any other options. There are, for example, no "cheap" residences in any substantial sense, whether you are renting or mortgaging.
    Why no cheap residences? Simply because the availabilty of cheap loans pushed up demand for residences, hence the price hikes.

  10. #90
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    Re: What is the top reason for the current US economic problem?

    Cheap overseas labor is the main reason, but of course many of the above are contributors also. Just look at the label of anything you pick up in a department store. Items made here are in the minority, in fact, hard to find. I think if a "made in America" store was opened, it would attract a lot of shoppers, and do well.
    "The measure off intelligence is the ability to change." Albert Einstein

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