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Elizabeth Warren admits economy need be "rebuilt"

zimmer

Educating the Ignorant
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She realizes the economy requires rebuilding... That kills the notion Obamanomics worked.

I'll be interested to see if she means it. Whether she will put Greenie regulations ahead of people.

I think she is referencing the gap between the rich and everyone else. Think Trump is going to achieve that?
 
That is not what she said nor meant.

More importantly, since Democrats did not gain control of the Senate then Elizabeth Warren has no real choice but to work with Republicans and Trump on the assumption that Trump was sincere on infrastructure improvements and working on our economy (hence, putting people to work.)

This is another one of those right wing invented damned if you do and damned if you do not.

If Warren said "The hell with Trump, I'm not working with that sexist racist lunatic" then all the blowhards would be eager throw down "obstructionist." But, now that Warren said she would work with Trump assuming he put forth reasonable economic policy then "kills the notion Obamanomics worked."

You right wingers need to huddle up and decide what you really want to be upset about.
 
She realizes the economy requires rebuilding... That kills the notion Obamanomics worked.

I'll be interested to see if she means it. Whether she will put Greenie regulations ahead of people.

The problem is the left will not work with DJT as it is their desire to divide, not unite. They will talk a big game for now, but in reality, they are filled with rage. DJT's presidency will be an uphill battle for the next 4 years.
 
I think she is referencing the gap between the rich and everyone else. Think Trump is going to achieve that?

Lol.......Hillary wouldn't have achieved that either. On the contrary, Liberal economic initiatives simply drive off investment dollars and force that gap to widen even more.

Its hard to believe there are people who still believe its the Govts job to create economic equality, to met out some arbitrary standard of fairness.
 
That is not what she said nor meant.

More importantly, since Democrats did not gain control of the Senate then Elizabeth Warren has no real choice but to work with Republicans and Trump on the assumption that Trump was sincere on infrastructure improvements and working on our economy (hence, putting people to work.)

This is another one of those right wing invented damned if you do and damned if you do not.

If Warren said "The hell with Trump, I'm not working with that sexist racist lunatic" then all the blowhards would be eager throw down "obstructionist." But, now that Warren said she would work with Trump assuming he put forth reasonable economic policy then "kills the notion Obamanomics worked."

You right wingers need to huddle up and decide what you really want to be upset about.

They have no idea what governance is, much less how to do it.
 
That is not what she said nor meant.

More importantly, since Democrats did not gain control of the Senate then Elizabeth Warren has no real choice but to work with Republicans and Trump on the assumption that Trump was sincere on infrastructure improvements and working on our economy (hence, putting people to work.)

This is another one of those right wing invented damned if you do and damned if you do not.

If Warren said "The hell with Trump, I'm not working with that sexist racist lunatic" then all the blowhards would be eager throw down "obstructionist." But, now that Warren said she would work with Trump assuming he put forth reasonable economic policy then "kills the notion Obamanomics worked."

You right wingers need to huddle up and decide what you really want to be upset about.

I guess my reticence to be a hard core Trump supporter was justified.

Investment in infrastructure or AKA Fiscal stimulus simply does not work as strategies go to grow market based economies

Think Japans lost decade and then ask yourself why anyone would want to base their policies for economic growth on something that drove Japans debt to GDP ratio to the highest in the world

You grow a market based economy by incentivizing private sector capital investment and getting the Govt out of way. Not through maasive new spending and croneyism
 
Lol.......Hillary wouldn't have achieved that either. On the contrary, Liberal economic initiatives simply drive off investment dollars and force that gap to widen even more.

Its hard to believe there are people who still believe its the Govts job to create economic equality, to met out some arbitrary standard of fairness.

Just a lot of hot air, innuendo and no concrete proof. I ask you: how will cutting the taxes of the very wealthy help the economy and jobs?
 
Just a lot of hot air, innuendo and no concrete proof. I ask you: how will cutting the taxes of the very wealthy help the economy and jobs?

It won't.

Now they can kill the estate tax, which will create a de facto royalty.

I used to think they wanted to go back to the antebellum era, but it looks like even that is too modern for them.
 
I ask you: how will cutting the taxes of the very wealthy help the economy and jobs?

Broadly speaking, increasing the incentive to do something increases the degree to which it is done.


For example: let us say (this is a hyperbolic example): "If you agree to let me shoot you in the leg, I will give you $5 million". Hm. Well, at that price, you might do it. Some solid pain up front, perhaps lingering soreness, but instantly wealthy. That's not a bad bargain.

Now I say "If you agree to let me shoot you in the leg, I will give you $5 million, and then take $499,000 of it back". So your net benefit is a grand. You're unlikely to take this deal.

We have changed the incentive structure for you to undertake an activity, and the result is that you engage in less of it. You find other things to do.


Spiking tax rates reduces the incentive to invest, and so less of it happens. It reduces the incentive to produce, and so less of that happens. Your own country (Canada) knows this, which is why they have lower corporate and capital gains tax rates than we do (capital gains is particularly elastic - meaning responsive - to tax rate changes, and corporations invest large sums of money in reducing their tax exposure - instead of investing back in the business - when doing so produces positive returns).
 
The problem is the left will not work with DJT as it is their desire to divide, not unite. They will talk a big game for now, but in reality, they are filled with rage. DJT's presidency will be an uphill battle for the next 4 years.

If a Republican President with a Republican House and a Republican Senate has an uphill battle to fight, it's because of their sheer incompetence.
 
Just a lot of hot air, innuendo and no concrete proof. I ask you: how will cutting the taxes of the very wealthy help the economy and jobs?

Talk about Hot air, Pocahontas Warren would be proud.

Supply Side strategies involve incentivizing new private sector investment and that leads to new jobs. Texas has been doing it for years and now, after 8 years of disastrous economic policies millions of Non-Texans call my State home because of it

For example, Texas offered Toyota a 40 million dollar tax break to move its headquarters from Torrance California to Plano, Tx

Toyota agreed and spent 300 million dollars building its new facilities and hired thousands of Texans. Its called a " investment " and Toyota wasn't the only Company that took advantage of Texas's Supply Side initiatives.

http://www.bizjournals.com/dallas/blog/morning_call/2015/11/california-lost-9-000-business-hqs-and-expansions.html

Oh, and Texas is and has been running a mulit-billion dollar budget surplus. So much for Tax cuts dont pay for themselves

Get the Govt and its arbitrary and divisive left wing pandering out of the free market economy and let it do what it does best, create jobs

Just curious, how would Pocahontas Warren or Hillary have closed that gap ? Through a higher minimum wage ?? Higher taxes on the rich, corporations and investors ? Horrible ideas.


If you notice the link I provided, the " Rich " are not and will not EVER stick around and pay confiscatory tax rates just to molify the pandering of some morally bankrupt Liberal like Elizabeth Warren.

They and their money are mobile.
 
If a Republican President with a Republican House and a Republican Senate has an uphill battle to fight, it's because of their sheer incompetence.

And Conservatives that oppose Trumps ridiculous trade barriers. I can name a coupe that are planning on doing just that
 
I guess my reticence to be a hard core Trump supporter was justified.

Investment in infrastructure or AKA Fiscal stimulus simply does not work as strategies go to grow market based economies

Think Japans lost decade and then ask yourself why anyone would want to base their policies for economic growth on something that drove Japans debt to GDP ratio to the highest in the world

You grow a market based economy by incentivizing private sector capital investment and getting the Govt out of way. Not through maasive new spending and croneyism

At the risk of making this an argument about economics, very little of your comments are valid.

Japan's lost decade is more monetary policy based that fiscal stimulus based, more importantly they face a aging demographic problem (dependents) which amplifies their economic problem (the source of their active workforce in relation to GDP year on year.)

For the US, we are more a mixed economic model that leans towards market than one that is "market based." Spending on infrastructure and technology by government has never been proved to be bad economics, quite the opposite. We have far more economic study that tells us spending on infrastructure especially tends to have repetitive long term returns. Not just in the jobs created to build out and/or improve various infrastructure but also the commerce that usually comes with those changes. This is true of transportation of people and also information exchange, and is true of utilities and also trade networks. Not everything in infrastructure boils down to lanes and bridges on a highway.

The capital investment argument would have merit if we were exclusively talking about market conditions economic policy that is not necessarily germane to infrastructure economic policy. The former is about setting a stage for better private sector commerce, the latter is about setting the stage for aiding economic improvement. Therefor, "getting the Govt out of way" is another conversation having little to nothing to do with why infrastructure spending that has been happening every single year no matter who is in the White House or the disposition of Congress. All we are talking about is when (and why) infrastructure spending goes up or down.
 
I think she is referencing the gap between the rich and everyone else. Think Trump is going to achieve that?

That's not fixing the economy... it's class warfare.

That does explain why Socialists will never improve the economy.

Class warfare does not create jobs... it kills them.
 
The problem is the left will not work with DJT as it is their desire to divide, not unite. They will talk a big game for now, but in reality, they are filled with rage. DJT's presidency will be an uphill battle for the next 4 years.

The great news is Trump does not need to work with them, and they oppose the improved economy at their own peril.

When the economy recovers and thrives, their opposition will be noted in following elections.

And they will pay the price, unless they're in some type of socialist enclave.

Demokrats... oppose vocally... at their own peril.

I hope they do default back to their normal irrational ways. It bodes well for holding the House and Senate in 2018.
 
She realizes the economy requires rebuilding... That kills the notion Obamanomics worked.

I'll be interested to see if she means it. Whether she will put Greenie regulations ahead of people.


this is naive. retraining is available, trumpsters just need to sign up. the mfg jobs aint coming back automation in not only the US but also china, japan India and Brazil has killed them. retraining is available....just do it!!!!
 
The problem is the left will not work with DJT as it is their desire to divide, not unite. They will talk a big game for now, but in reality, they are filled with rage. DJT's presidency will be an uphill battle for the next 4 years.


the republicans control the entire ball game and you are making excuses already.....lame.
 
Just a lot of hot air, innuendo and no concrete proof. I ask you: how will cutting the taxes of the very wealthy help the economy and jobs?

A better question is, or questions are:

1. How will taxing the wealthy further do anything to help the economy? It won't. The Top 1% pay 39% of all income taxes according to the IRS. That's not enough?!!!

2. Isn't it long overdue, that we kill this class warfare poison?

3. Tax cuts always invigorate the economy. Better in our hands than the government. They have too much of it already.

4. Lowering taxes releases sheltered money.

5. Lower taxes means more commerce and jobs.
 
If a Republican President with a Republican House and a Republican Senate has an uphill battle to fight, it's because of their sheer incompetence.

Not quite what I meant, but you have a point.
 
Intellectually Trump's victory speech sounded like it was given by a third grader but the message behind it was a good one and shows Trump trying to at least appear to mend fences. He said to his opponents, "I am reaching out to you for your guidance and your help."

That is the most humble thing I have ever heard Trump say. The least his opposition can do is to come to the table and see what can be worked out. Many of us never really thought Trump was a real Republican anyway and that some of the more conservative policies he espoused was just theater. There is a chance Trump will be more likely to listen to the Democrats more than your average Republican president. After all, he was one of them not too long ago.
 
A

2. Isn't it long overdue, that we kill this class warfare poison?

Impossible. That's one of the left's crowning arguments. That and calling everyone racists, bigoted, sexist, etc. if you don't march in lock-step with them.
 
The problem is the left will not work with DJT as it is their desire to divide, not unite. They will talk a big game for now, but in reality, they are filled with rage. DJT's presidency will be an uphill battle for the next 4 years.

That's typical of the average politician. Talk a big game after a resounding defeat. And Trump is a resounding defeat. Even after a resounding win. Then back to business as usual. Both sides do it, both sides will do it. Ryan is doing it although he is a little ahead of the curve and campaigned Wisconsin a few days before the election. The rest will follow.
 
For the US, we are more a mixed economic model that leans towards market than one that is "market based." Spending on infrastructure and technology by government has never been proved to be bad economics, quite the opposite. We have far more economic study that tells us spending on infrastructure especially tends to have repetitive long term returns.

I think its the messenger not the message.

The democrats who push this message, usually do so like this:
The top 1% of Americans have enjoyed sticking it to the 99% for too long, its time for change, the 99% have spoken. We need to take back what is ours.
Pop the cap on SS, raise taxes, strengthen unions, government run healthcare, etc., etc.

Now, bewildering to dems everywhere, as seen in the shock and horror captured digitally this week, a large number of average Americans absolutely will not stand for that hate speech.
Bashing Americans for ambition and success is about as anti-american as you can get in some circles, and yes, they are OK with the fact that they themselves are not wealthy. After all, that would be hypocritical to only care if it only benefited them, selfish right? That these rural people have some common decency is infuriating right?

Because not only do Democrats bash the wealthy/successful, they do so specifically offering to replace that, with big government.
The hypocrisy is unreal...demonize a minority with hate speech for government power, while claiming to oppose the demonizing of minority groups.

But no really, its how to improve the economy....the message is lost in the hate speech.
 
this is naive. retraining is available, trumpsters just need to sign up. the mfg jobs aint coming back automation in not only the US but also china, japan India and Brazil has killed them. retraining is available....just do it!!!!

Lowering taxes will create an environment for job creation. It's why communities cut tax deals with businesses... to bring in jobs!

I wouldn't care if the US had a 0% corporate tax rate. You think companies would leave or ship profits elsewhere?

In Germany, Merkel cut Nokia a 10-year deal for taxes, and after it ran out... Nokia left.

Let's cut taxes in a big way, overbearing regulations, creating a pro-business environment... and jobs.
 
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