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Pocahontas Warren's plan to spend America into peace, prosperity and happiness for all

Outlook said:
WTF are you talking about.
Why are Chinese products so much cheaper than the same American product?
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Because they cost less? What are you getting at?
 
marke said:
Trump has rolled back some of Obama's hope and change alterations and regulations designed to transform America into a modern new age nation subservient to world government and without national identity.



What most voters seem ignorant of is that the 'rich' are not stupid. Many, like Clinton, Epstein's clients and other rich democrats have their wealth tied up in tax-exempt foundations and tax shelters where the IRS will never get it. Democrats like to claim the rich are the ones causing poverty among the poor but that is just a lie which plays well among the ignorant for democrats seeking to falsely slander republicans, conservatives, and level-headed budget planners for immoral political reasons.

Just like the liars who blamed Bush for Congress' declaration of war on Iraq, modern democrats blame Trump for what Congress has done with the tax code. Ignorance and deception are very bad for this country but democrats use very bad methods trying to hang onto the support of the deluded.
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Rolling back Obama regulations — which were all done without any serious analysis, are bad for Americans, bad for wildlife and bad for the planet. His trade war is hurting farmers and the global economy.

It’s true that Trump (breaking all his campaign promises) has indeed cut taxes on the wealthy, and will surely cut them further if re-elected. By contrast, whoever the Democrats nominate is likely to raise those taxes if she or he wins the general election, perhaps substantially.

But let’s get real. If you’re a billionaire, you don’t need the extra money. At that level, purchasing power has nothing to do with the quality of life; having a 45,000-square-foot house instead of just 40,000, or flying to one of your multiple other residences in a bigger private jet, won’t make you significantly happier.

People who’ve studied the extremely rich argue that money, for them, is largely not about being able to buy things but is instead a way of keeping score; their satisfaction comes not from more consumption but from overtaking their perceived peers.

And tax cuts don’t help on that dimension, since your peers get the same tax breaks you do.
 
MTAtech said:
Rolling back Obama regulations — which were all done without any serious analysis, are bad for Americans, bad for wildlife and bad for the planet. His trade war is hurting farmers and the global economy.

It’s true that Trump (breaking all his campaign promises) has indeed cut taxes on the wealthy, and will surely cut them further if re-elected. By contrast, whoever the Democrats nominate is likely to raise those taxes if she or he wins the general election, perhaps substantially.

But let’s get real. If you’re a billionaire, you don’t need the extra money. At that level, purchasing power has nothing to do with the quality of life; having a 45,000-square-foot house instead of just 40,000, or flying to one of your multiple other residences in a bigger private jet, won’t make you significantly happier.

People who’ve studied the extremely rich argue that money, for them, is largely not about being able to buy things but is instead a way of keeping score; their satisfaction comes not from more consumption but from overtaking their perceived peers.

And tax cuts don’t help on that dimension, since your peers get the same tax breaks you do.
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The Bible tells us we will always have poor people in our midst. We learn from experience that immoral people can influence the poor to envy and hate anyone with more money than they have.
 
marke said:
The Bible tells us we will always have poor people in our midst. We learn from experience that immoral people can influence the poor to envy and hate anyone with more money than they have.
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Great answer... let’s worry about the rich because there will always be poor people.
 
Beowulf said:
Anyone can print up pieces of paper. The question is whether anyone will value these pieces of paper.
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The important thing is what you do with those pieces of paper.

The U.S., like almost every other country, creates money in order to spend it into the domestic economy, which increases production and employs labor. The government deficit spends $1, and our national income increases by $1 - plus the effects of secondary spending.

Coming up with the money is not a problem. If the economy can handle the additional demand without raising prices, it's all good. So the real concern about, say, universal healthcare shouldn't be "do we have enough money," it should be "do we have enough hospitals, doctors, and nurses to care for all of these newly-insured people?" And I think it's pretty clear that we do.

Currency loses value when you can't buy anything with it. That is not our problem.
 
JohnfrmClevelan said:
The important thing is what you do with those pieces of paper.

The U.S., like almost every other country, creates money in order to spend it into the domestic economy, which increases production and employs labor. The government deficit spends $1, and our national income increases by $1 - plus the effects of secondary spending.

Coming up with the money is not a problem. If the economy can handle the additional demand without raising prices, it's all good. So the real concern about, say, universal healthcare shouldn't be "do we have enough money," it should be "do we have enough hospitals, doctors, and nurses to care for all of these newly-insured people?" And I think it's pretty clear that we do.

Currency loses value when you can't buy anything with it. That is not our problem.
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By what mechanism does printing money increase the amount of items produced?
 
Outlook said:
That is part of the problem.
They don’t want to buy American goods which is why they add additional fees and taxes to our exports and why they don’t open up their markets.
They keep their workers wages low and with the help of government subsidies can undercut anything we can manufacture.
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It takes two to tango. They are doing what any government should do - foster their own economy.

America, on the other hand, chose the "free market" route, as authored by Big Business. We made it easy to move manufacturing overseas, at the cost of a ton of jobs, so that companies could lower their costs and increase their profits, to the benefit of a few, and to the detriment of many.

We used to make the high-end things, but we gave that all away for greed. Some people got filthy rich, and the rest of the country lost out.
 
Beowulf said:
By what mechanism does printing money increase the amount of items produced?
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Because the government buys things with that money. Things that would otherwise not have been produced.
 
JohnfrmClevelan said:
Because the government buys things with that money. Things that would otherwise not have been produced.
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And how does the government buying something help me in any way?
 
JohnfrmClevelan said:
It takes two to tango. They are doing what any government should do - foster their own economy.

America, on the other hand, chose the "free market" route, as authored by Big Business. We made it easy to move manufacturing overseas, at the cost of a ton of jobs, so that companies could lower their costs and increase their profits, to the benefit of a few, and to the detriment of many.

We used to make the high-end things, but we gave that all away for greed. Some people got filthy rich, and the rest of the country lost out.
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We don't need to make things. We just need the government to print dollars, and everything will be all right. Right?
 
JohnfrmClevelan said:
Because the government buys things with that money. Things that would otherwise not have been produced.
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Moreover, since much of that money is in the form of items like Social Security, it puts money in private hands who spend that money.
 
Beowulf said:
And how does the government buying something help me in any way?
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Contractors of the government, who receive money, now have money to buy whatever you are selling. That’s called an economy and you benefit from it.
 
Beowulf said:
And how does the government buying something help me in any way?
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Maybe you produce something that the government buys. Maybe you work for the government, and they buy your skills. Maybe a government employee buys your services.

The government is merely another customer - a great big customer with deep pockets. Government spending is a large part of GDP.
 
Beowulf said:
We don't need to make things. We just need the government to print dollars, and everything will be all right. Right?
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Where did you get that from what I'm saying? It's quite the opposite.
 
JohnfrmClevelan said:
Maybe you produce something that the government buys. Maybe you work for the government, and they buy your skills. Maybe a government employee buys your services.

The government is merely another customer - a great big customer with deep pockets. Government spending is a large part of GDP.
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So the government steals wealth from some people and then uses that wealth to buy things. How does stealing result in a net benefit?
 
marke said:
Trump has rolled back some of Obama's hope and change alterations and regulations designed to transform America into a modern new age nation subservient to world government and without national identity.
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Quantify this beyond the FOX news propaganda. You see, your "hope and change" as insult is actually "steps and necessity" designed to keep America moving forward in a socioeconomic world that does not stand still no matter how badly most of you Conservatives prefer life to be.

- Like it or not, the UN exists because we created it.
- Like it or not, Global Warming is a real thing and Trump can't reverse time or change it from a "Liberal hoax" to a "Chinese hoax."
- Like it or not, cheap labor is the name of the game in regards to Capitalism and the companies aren't coming back.

Or is the real problem here that you simply do not like the reality and simply need to lash out and deny it like so much of the Conservative base? You know, like promoting capitalism as the best thing ever without understanding why the companies go abroad. You know, like those who recognized the failure of their Trickle Down ideology during the Great Recession. You know, like the moron coal miners who thought Trump would just make Global Warming go away in order to protect their dying jobs instead of rolling back regulations that gave the oil companies a tremendous and unnecessary boost. Or the idiot farmers who supported (supports) trump despite having farms full of illegal immigrants and needing Trump's bail out money to survive. Or the ignorant Middle Class who thought the tax-cuts were about their temporary handout and not the permanent gift to Trump's friends?

No matter how much reality scares people like you, our country will always be called the United States of America and have a national identity. FOX News and Mr. Jesus only comforts the groomed ignorance.

marke said:
What most voters seem ignorant of is that the 'rich' are not stupid.
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No, they aren't. They rely on the non-wealthy to be stupid so that they can exponentially increase their already bloated coffers. They conned Conservatives for two decades over Trickle-Down, only to prove their greed by laying off millions as bailed-out banks ceased homes and small businesses. And when they introduced the Tax Cuts and Jobs Act of 2017, which gave the Middle Class a temporary while giving the wealthy permanent, it was the average Conservatives once again who was conned while the GOP refrained from using the Trickle-Down terminology. No...they aren't the stupid ones. They are the ones who control Senators and Representatives. Now they truly own the White House.

marke said:
Many, like Clinton, Epstein's clients and other rich democrats have their wealth tied up in tax-exempt foundations and tax shelters where the IRS will never get it.
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And your answer to this is to kiss a silver-spooned billionaire's ass who did and does the exact same thing with boldness and pride? - A man who infamously declared that he merely takes advantages of tax law, in which he and his kind created by purchasing favors from our political leaders? Your truly are lost within your nonsense.
 
marke said:
I admit it is hard not to mock the all white privileged prevaricator claiming to be American Indian.
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Well, the empirical evidence proved that she has connection. So why is it that you political extremists seem determined to pretend otherwise? Even Bill John Baker, the current Chief of the Cherokee Nation, is only 3.1% Cherokee. It's the same BS that you people pulled when you insisted for eight+ years that Obama was a Kenyan-born Muslim who sympathized with terrorists. At some point I would think that shame and embarrassment would be words that actually mattered to you all.

Defaulting to debunked birth certificate theories and personal degeneration (Pocahontas), as if claims haven't been empirically proven, shows the world that you haven't anything really to criticize in the first place. Even Trump recognized her truth and moved on from the school child's taunts. Before, it was because a non-white dared to get elected to the White House (and Trump was a champion birther). Today, it's because Trump is what you defend as your suitable representation, thus you need the other side to be just as inept and disgusting.
 
Beowulf said:
So the government steals wealth from some people and then uses that wealth to buy things. How does stealing result in a net benefit?
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(This might go faster if you didn't take an adversarial position on everything.)

Why do you think that deficit spending is "stealing wealth"? Take a closer look at the transactions I described; this is spending without taxation, and people are earning money, not losing money.

Instead of just immediately labeling something, try thinking through the issue first. "Why do I think this is stealing?" for instance.
 
JohnfrmClevelan said:
(This might go faster if you didn't take an adversarial position on everything.)

Why do you think that deficit spending is "stealing wealth"? Take a closer look at the transactions I described; this is spending without taxation, and people are earning money, not losing money.

Instead of just immediately labeling something, try thinking through the issue first. "Why do I think this is stealing?" for instance.
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Good question. Why is counterfeiting a crime?
 
JohnfrmClevelan said:
A question for another debate.

Counterfeiting has nothing to do with this subject.
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I understand why you are afraid to answer.

But it's a good question for MMT'ers. Why should counterfeiting be a crime. The counterfeiter causes more production. He buys things that would not otherwise be bought. The counterfeiter is actually doing a public service, if one believes in MMT.
 
Beowulf said:
I understand why you are afraid to answer.

But it's a good question for MMT'ers. Why should counterfeiting be a crime. The counterfeiter causes more production. He buys things that would not otherwise be bought. The counterfeiter is actually doing a public service, if one believes in MMT.
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You think that the government somehow counterfeits its own currency? Look up the definition of "counterfeit" before you make any more idiotic assertions.

How do you think money comes into being, anyway?
 
JohnfrmClevelan said:
You think that the government somehow counterfeits its own currency? Look up the definition of "counterfeit" before you make any more idiotic assertions.

How do you think money comes into being, anyway?
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No I don't think the government counterfeits. But why should counterfeiting be a crime. It would seem to be helpful to the economy. More demand, right?
 
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