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Thread: First GDP month entirely under Trump...falling hard

  1. #121
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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by imagep View Post
    That said, I do desire the minimum amount of government needed .
    so $32,000/year for every man, women and child is just about perfect by your intellectual standards??

  2. #122
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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by James972 View Post
    so $32,000/year for every man, women and child is just about perfect by your intellectual standards??
    No amount in particular, just whatever it takes. If that's the amount of government we have now, then that's the amount, although I don't think that a dollar figure is the best way to look at it, it also matters how those dollars are spent (wouldn't you agree?).

    That particular figure looks a little exagerated to me, doing some napkin math, that would work out to a budget of over ten trillion dollars, I think the current federal budget is around 4 trillion, but maybe you are including state and local government spending also.

    Even assuming that your figure is correct, it's not unrealistic, because the mean average amount of production per worker in the US is well over $100k (actual value of our work, GDP/workers, not the median job income which is quite a bit lower).

    I know that I couldn't raise my own private military for $32k. Nor could I have my own private police force for that amount. I probably couldn't complete even a mile of private road for that much money. By purchasing goods in the collective, which is what government does, we get quite a bargain when broken down in cost per individual.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by James972 View Post
    in other words you don't think but rather accept the status quo. In 50 years when govt is double the size again you will say the same thing as you would have 50 years ago! What a coincidence that its just the right size now!!
    No, not at all. There are tons of things that I would do differently, but no government is ever going to be ideal for any particular thinking individual. I think it's pretty close to the best we can get, considering that we have all sorts of political pressures pushing our elected leaders in all kinds of directions.

    If it were up to me, I would redirect all means tested benefit money to infrastructure and Universal Health Insurance spending, along with free daycare for all working parents regardless of income. I would have free lunch for all school children and free after school programs, regardless of family income. I would have a much more progressive income tax structure and lower net overall taxation. I would also slash military spending, it's not our obligation to be the policeman of the world.

    But since I am pragmatic, I'm up for reasonable compromises. Like instead of the highly progressive income tax structure which I mentioned as my ideal, I'd be willing to settle with a flat tax, as long as it is all inclusive of SS and medicare taxes, and with a good size per worker exempt amount.

    Instead of a universal health insurance plan, I'd be willing to try the libertarian approach to healthcare, and eliminate most all government involvement with healthcare, including the total repeal of Obummercare, including the repeal of special tax incentives for companies to cover their employees with insurance, etc. Basically, most any healthcare system would be better than what we have had for the past good many decades.

    I get the feeling that you are never willing to compromise.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  4. #124
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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by imagep View Post
    No, not at all. .
    ?????you just said govt was now coincidentally, the perfect size for you!!! Now you say, not at all????

    Plato was for huge govt; Aristotle Jefferson and modern Republicans are for tiny govt. You should where you stand at some point.

  5. #125
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    Re: First GDP month entirely under Trump...falling hard

    [QUOTE=James972;1067117843]?????you just said govt was now coincidentally, the perfect size for you!!! Now you say, not at all????/QUOTE]

    That's not what I said. What I said was "I think we are pretty darned close to the Momma Bear size government in the US."

    There is no such thing as "perfect", you will never see me make the claim that anything is perfect.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  6. #126
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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by imagep View Post
    "I think we are pretty darned close to the Momma Bear size government in the US."
    and you would have said the same thing 50 years ago or 50 years hence because you're not thinking

  7. #127
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    Re: First GDP month entirely under Trump...falling hard

    The Atlanta Fed just dropped their GDPNow forecast for Q1 GDP growth to a pathetic 0.2%.

    https://www.frbatlanta.org/cqer/research/gdpnow.aspx
    'What kind of sick and twisted toy factory is this?'
    'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
    "Better to be dead and cool, than alive and uncool."

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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by DA60 View Post
    The Atlanta Fed just dropped their GDPNow forecast for Q1 GDP growth to a pathetic 0.2%.

    https://www.frbatlanta.org/cqer/research/gdpnow.aspx
    so you want to switch to Republican capitalism-right??

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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by James972 View Post
    so you want to switch to Republican capitalism-right??
    Ummm...I have ALWAYS been for free enterprise-small government-low taxes-low regulations-neutered Fed. I am an investor.

    And no, I despise both parties...they are worse than useless.
    'What kind of sick and twisted toy factory is this?'
    'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
    "Better to be dead and cool, than alive and uncool."

  10. #130
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    Re: First GDP month entirely under Trump...falling hard

    Quote Originally Posted by DA60 View Post
    Ummm...I have ALWAYS been for free enterprise-small government-low taxes-low regulations-neutered Fed. I am an investor.

    And no, I despise both parties...they are worse than useless.
    ??? Republican party stands for everything you stand for????

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