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Are We A Socialist Country Now?

jonny5 said:
I would say early socialism. Most property is still private, people have a right and incentive to aquire capital. Most production is mostly controlled by private hands. Yes, socialism is slowly creeping in. More wealth redistribution that ever before, more govt control of industry. More political support for it.
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The most recent example of wealth distribution was sixteen billion going to the hands of large corporate farms affected by Trump's trade war with China. Keep up the good work, you socialist Trumpers.
 
Checkerboard Strangler said:
Since it has been proven we aren't actually socialist, then the reason too many people aren't part of the capitalist system is because capitalism is failing them in availability of upward mobility. You'd have to have taken leave of your senses to assume that millions of formerly productive working Americans suddenly decided to become BUMS because it would be a good gamble on their future.

You'd also have to believe that something identical happened to millions of Americans during the Great Depression.
Mister Potter from It's a Wonderful Life would agree with you, but that would be about the extent of your peer group, except for a few million Reality Tee Vee fans.

Now, if you admit that you think Reality Tee Vee ideas are better than reality, then we have fodder for an entirely new thread.
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Since it has been proven we aren't actually socialist
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You have proved nothing

You'd have to have taken leave of your senses to assume that millions of formerly productive working Americans suddenly decided to become BUMS because it would be a good gamble on their future.
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Should not trillions spent been enough to correct this(LOL)?


The War on Poverty After 50 Years | The Heritage Foundation
 
Luther said:
Peanuts compare to this?


Oh ****!!!!

, later revised to $831 billion between 2009 and 2019.


American Recovery and Reinvestment Act of 2009 - Wikipedia.
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Peanuts compared to this

According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy. The Bloomberg reporters have been following that money. Alison Stewart spoke with one, Bob Ivry, to talk about the true cost to the taxpayer of the Wall Street bailout.
 
rickc said:
Peanuts compared to this

According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy. The Bloomberg reporters have been following that money. Alison Stewart spoke with one, Bob Ivry, to talk about the true cost to the taxpayer of the Wall Street bailout.
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So it was all wall streets fault?

" "I believe that banking institutions are more dangerous to our liberties than standing armies," " If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

Thomas Jefferson
 
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Checkerboard Strangler said:
The most recent example of wealth distribution was sixteen billion going to the hands of large corporate farms affected by Trump's trade war with China. Keep up the good work, you socialist Trumpers.
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Hardly. They pay far more in taxes. Tyson alone pays a billion in tax every year. The most recent wealth redistribution would be the 200bn we spend MONTHLY subsidizing health care.

In the time it took me to write this, we just transferred another 5 million
 
Luther said:
You have proved nothing



Should not trillions spent been enough to correct this(LOL)?


The War on Poverty After 50 Years | The Heritage Foundation
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Why are you bringing in an argument about welfare programs?
I am talking about putting people back to work, making healthcare and education more affordable and enhancing upward mobility.
I've BEEN talking about putting people back to work, making healthcare and education more affordable and enhancing upward mobility ever since I started posting on DP.
When have you ever heard me complain that welfare payments aren't high enough?
By the way, show us all how much you know about welfare by telling us the max income for your state's residents to even be eligible for welfare.

I think I know why you brought up welfare.
I bet you think, "Checkers is a LEFTIST!! He's one of those leftists who wants more FREE STUFF from the government, like welfare for everybody!
I'll attack welfare, that'll own that libtard! They hate when we take away their libtard welfare!"



Did we spend trillions on training and educating a skilled workforce that can handle careers in advanced robotics and artificial intelligence?
How about billions? Millions? I bet investing in educating a skilled workforce would beat welfare payments hands down in every category.

How much do you think should be invested in a highly trained workforce?

Here's an interesting take on how different states SPEND their welfare block grants.
 
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jonny5 said:
Hardly. They pay far more in taxes. Tyson alone pays a billion in tax every year. The most recent wealth redistribution would be the 200bn we spend MONTHLY subsidizing health care.

In the time it took me to write this, we just transferred another 5 million
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Major typo on my part.
Look here.
 
jonny5 said:
Youre 16 billion was "going to the hands of large corporate farms affected by Trump's trade war with China." Youre saying its 16 trillion now?
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Not enough coffee yet this morning, I'm afraid.
Yes, sixteen billion to corporate farmers for the tariffs, sixteen trillion laid out by the Fed during the bailout.
Trump had nothing to do with the sixteen trillion bailout.
 
Checkerboard Strangler said:
Not enough coffee yet this morning, I'm afraid.
Yes, sixteen billion to corporate farmers for the tariffs, sixteen trillion laid out by the Fed during the bailout.
Trump had nothing to do with the sixteen trillion bailout.
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Regardless, capitalism produces 20 trillion a year, a lot of that is due to those bailed out banks. Bailouts and subsidies to corporations to help them make profit is the opposite of socialism. Its crony capitalism if anything.
 
Luther said:
A simple question
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The US is not yet socialist but democrats are doing everything in their crooked power to turn us into a despotic democrat-controlled socialist oligarchy.
 
jonny5 said:
Regardless, capitalism produces 20 trillion a year, a lot of that is due to those bailed out banks. Bailouts and subsidies to corporations to help them make profit is the opposite of socialism. Its crony capitalism if anything.
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You say "opposite", I say "inverted."
 
Not a socialist country.
 
jonny5 said:
Youre 16 billion was "going to the hands of large corporate farms affected by Trump's trade war with China." Youre saying its 16 trillion now?
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The 16 trillion was going To foreign banks and financial institutes. Wall street sold their fraudulent paper to unsuspecting investors around the world. Their fraud brought down the entire world's financial system.

The FED is trying to unwind (write off all the bad debt they bought to make wall street whole again) that mess now but it effects the stock market and Trump and his buddies put pressure on the fed to cut it out.

The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.
 
rickc said:
The 16 trillion was going To foreign banks and financial institutes. Wall street sold their fraudulent paper to unsuspecting investors around the world. Their fraud brought down the entire world's financial system.

The FED is trying to unwind (write off all the bad debt they bought to make wall street whole again) that mess now but it effects the stock market and Trump and his buddies put pressure on the fed to cut it out.

The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.
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Great, but not what we're talking about.
 
Luther said:
With "some" socialism?(LOL) How about 44% of Americans NOT paying a Fed/state income tax while others are forced to?
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They probably aren't paying a federal income tax as their incomes are too small to tax based on our tax bracketing system.
 
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