- Joined
- Jun 4, 2010
- Messages
- 133,429
- Reaction score
- 43,228
- Location
- Miami
- Gender
- Male
- Political Leaning
- Independent
Yep. I'm part Cherokee. Hand it over!
Well, you're in luck! I just happen to have, with me, a shiny bead and some firewater!
Yep. I'm part Cherokee. Hand it over!
Those two concepts seem necessarily intertwined, however. I'd really like for any socialist to explain to me the particulars of how this "economic system" is accomplished without a supporting system of government designed for that goal.
CNBC, generally an Obama cheerleader and pretty much anti-Trump posts the following numbers:
The negative years in 2008 and 2009 were neither President Bush or President Obama's fault, but that is what deep recession looks like. Obama did produce positive growth in the next seven years and the cheerleaders said he left President Trump in good shape on the economy. That's only if you consider 1.9% growth or 2 something percent growth being in 'good shape.' If that is 'good shape', then South Africa is indeed in economic trouble.
“The negative years in 2008 and 2009 were neither President Bush or President Obama's fault”
If you are going to assign responsibility for economic results to any one person, it’s going to be the president that most caused those results or to no one person at all. So, if any one person is to be responsible for the results of the Great Recession, it’s Bush2.
“That's only if you consider 1.9% growth or 2 something percent growth being in 'good shape.'”
Good shape is pre-recession unemployment levels, record corporate after-tax profits, average 1.4% inflation, average Fed rate below .5%, decreased deficit spending, lower household debt to GDP and lower total balance of trade deficit. Obama made a lot go very well with such a low GDP growth rate. That’s efficiency.
You first.
And yet another nation succumbs to bad ideology.
MOST people that bleat on about South Africa have never bothered to study immigration,importation, where the majority of current black residents are from, etc. ALL they have the intellectual capacity to understand is "THATS RACIST!!!"I doubt he is aware of it, but he is actually arguing that all the Bantu peoples (Xhosa, Zulu, Ndebele, Swazi, etc) should be kicked out of South Africa, and their land handed over to the whites and Khoisan people who were there first.
I'll just go with more conventional understanding of what healthy growth et al is using basic economic principles.
Obama's supporters spent eight years blaming a really sluggish economy and America's slow decline on Bush43. And now they are giving Obama the credit for Trump's booming economy and amazing numbers that we have not seen for a very long time, in many cases are seeing for the first time ever.
And for myself, I long for a return to an America that collectively understands when things are bad and collectively appreciates when things are good. Maybe I have enough years left to see that.
“I'll just go with more conventional understanding of what healthy growth et al is using basic economic principles.”
Good. But, are you saying the facts I posted are not the foundation of basic economic principals and do not lend themselves or are not indicative of a healthy economy? If so, which of what I posted is not and why?
“Obama's supporters spent eight years blaming a really sluggish economy and America's slow decline on Bush43.”
Cite those times of blame.
“And now they are giving Obama the credit for Trump's booming economy and amazing numbers that we have not seen for a very long time, in many cases are seeing for the first time ever.”
Who are “they” and what exactly are they saying? The weak weeny Dems haven’t even bothered to make the case for Obama having laid the groundwork for Trump’s economic success. Or, do you have significant evidence otherwise?
“And for myself, I long for a return to an America that collectively understands when things are bad and collectively appreciates when things are good. Maybe I have enough years left to see that.”
Your regressive vision is of what never was. I hope you make your ten years plus.
And yet another nation succumbs to bad ideology.
Looks like South Africa is headed for the twin Hells of leftist totalitarianism and tribalism. Venezuela or Zimbabwe? Which shall it be? Or both?
Time for the usual suspects to chime in with a defense:
1. It's not really socialism.
2. It's not their fault. It's the fault of colonialists/the United States/the World Bank/etc.
3. Racist!
https://www.zerohedge.com/news/2018-09-04/south-africa-unexpectedly-slides-recession-first-time-2009
(Marxists really hate successful farmers. Stalin killed all of his. Mugabe killed or chased off all of his, and now South Africa. I think they have something against food.)
This is too full of disconnect to take seriously. I'll just point out that Obama in a highly publicized speech just this week clearly stated that he was taking credit for ALL the good economic news we have been getting lately. As do countless others give him all the credit including on this message board. Enough said.
Greetings AlbqOwl. :2wave:
The good economic news is Trump cancelling many of Obama's initiatives? :wow: How strange that Obama would ever publically say so, but far be it for me to wonder what he might have been referring to! :shrug: Weird!....
Well it doesn't seem to be in the DNA of the left to be really specific about much of anything. They'll call somebody a liar without specifying exactly what he/she lied about. They'll say that there should be income equality but don't have anything specific to offer to achieve that. They'll say that there should be social justice but cannot make a coherent argument for what that actually is. And so forth. So Obama is at least true to that kind of ideology when he speaks.
President Trump on the other hand is specific about what he says is good and bad. And he is attacked viciously by the Left and the neverTrumpers and/or permanent political class on the right pretty much no matter what he says.
You guys elected Trump. You have no room to criticize anyone else.
Really? Really? How about Expropriation of private property and redistribution.
Sliding into fascist dictatorship at the hands of a madman appointed with the help of a hostile nation, and they're worried about Africa!
This is too full of disconnect to take seriously. I'll just point out that Obama in a highly publicized speech just this week clearly stated that he was taking credit for ALL the good economic news we have been getting lately. As do countless others give him all the credit including on this message board. Enough said.
The disconnect is that you are unable to connect supporting evidence to what you claim. What can be claimed without evidence can be dismissed without evidence. As the claim-maker, the burden of proof is upon you. Without such proof, your claim is unfounded and dismissed without further argument necessary by me. The ball is in your court.
I would agree that Obama should be credited with today's economy to the extent of it being built upon his shoulders. Trump is riding on positive trends established under Obama. I just don't hear that from the Dems. They're a bunch of weak weenies. They acknowledge to good economy without giving credit to Obama for having been the one that started it all.
Fun fact. In the US the government is 30% of the economy. In Venenzuela it is only 25%. In South Africa it is 27%. In Zimbabwe it is also 27%.
Who cares if Obama wants to take credit for the surge in the economy due to the slashing of taxes and regulations? At least maybe now democrats will see that heavy regulation and taxation of businesses slows the economy.
“Who cares if Obama wants to take credit for the surge in the economy due to the slashing of taxes and regulations? At least maybe now democrats will see that heavy regulation and taxation of businesses slows the economy.”
I disagree that Obama should take credit for any surge in the economy due to “the slashing of taxes and regulations”. I’m just saying that Obama started the upward trends in the economy that Trump is now riding. The economy was not “slowed”. Obama took the economy out of the worst recession since the Great Depression. The entire world was in a recession and the US recovery was quicker than any other country except Germany under Obama. Capital investment has not gone up anymore than under Obama. Corporate after-tax profits hit a record high under Obama. Unemployment returned to pre-recession levels under Obama. Trump did nothing more than jump on a moving train and then pass a tax plan and implement a deregulation policy that does nothing more than give away national treasure to the rich and corps without benefit to the average American family. There is plenty of factual evidence to back up all that I say. You can’t do the same so your word is worthless without significant evidence to support your claims.
Rhodesia Redux. Get ready for wholesale slaughter, downplayed/ignored/rationalized by the world left/UN.And yet another nation succumbs to bad ideology.
Looks like South Africa is headed for the twin Hells of leftist totalitarianism and tribalism. Venezuela or Zimbabwe? Which shall it be? Or both?
Time for the usual suspects to chime in with a defense:
1. It's not really socialism.
2. It's not their fault. It's the fault of colonialists/the United States/the World Bank/etc.
3. Racist!
https://www.zerohedge.com/news/2018-09-04/south-africa-unexpectedly-slides-recession-first-time-2009
(Marxists really hate successful farmers. Stalin killed all of his. Mugabe killed or chased off all of his, and now South Africa. I think they have something against food.)
Malarkey mixed with baloney and served up ignorantly.