Trump, Trump supporters, Socialism, and the Economy

I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.
I’m against socialism for the exact things you’re posting about here. It’s not sustainable.

By your own admission you are acknowledging this reality. Although I think you meant it to be a pro socialism post but I’ll play along for a bit.

Of the three issues you brought up which one would you like to see reversed first?

Raise taxes.
Reign in the FED.
Cut spending.
Yes, I don't want a high degree of socialism, I don't want Bernie in there. I'm a capitalist.

And yes, the three solutions you provide would be correct.

The point is, the crowing about a good economy being driven (at least in part) by what many on the Right call "socialism".

I hope this period will open a few eyes to the obvious, that the economy is not binary, it's about a proper equilibrium.
.
.
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.
I think you need to look up what socialism means.
Socialism is the government takeover of energy, food production, and the eventual elimination of private ownership of businesses.
Socialism isn't free stuff. That's just the hook that people fall for to get Socialism in place.
Correct! And we're nowhere near that.

Why do Trumpsters keep screaming it?

And are you going to respond to my question?
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Massive government spending isn't only done in a Socialist state.
I think the reason so many Trump supporters are against socialism is because they want America to remain a Capitalist country with the rights that are guaranteed in the Constitution. However, many of them still don't understand what Socialism is....because they have been misled by the leftist's media representatives. I have lived in a country where Socialism works......but only if you have help from other countries. It helps that other countries pay for your national defense. A socialism state cannot pay for a large military.....not thru taxes it can. Germany is prosperous because they watch their spending and they have the US and other countries defending their borders. A war would decimate their economy overnight.
 
Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

Sadly Obama supporters defended him inflating the economy in the same way Trump is.
Obama did the only thing he could do: He stood back as the Fed pumped $4.5T into markets.

That was digging us out of a catastrophe. This is happening in a non-recessionary period, something Keynes himself would have opposed.
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Faith in the economy and American capitalism must be maintained at any cost. That is the only economic philosophy at work right now.

Faith in the economy is long gone.
Consumer debt is what really drives growth in the economy. A whole lot of people are taking on debt at record levels. Taking on debt requires people to be confident that they will be able to pay it off for years into the future. That takes faith.

It's going to be ugly when it pops again.
 
When I start threads like this and ask questions like this, a little part of me always wonders if I've missed something, and if someone will be able to completely blow my premise out of the water.

So far, that's not happening. "Fake News" appears to be the Borg's response.
.

Deflection is always your response.

The money printers have been turned off under Trump, that is the fact.

Better question is why you always go out of your way to see anything related to Trump in a negative light.
I know I'm not going to get an informed, honest opinion from you. You've made that clear. Again.

The leg-humping really isn't necessary.
.
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.
I’m against socialism for the exact things you’re posting about here. It’s not sustainable.

By your own admission you are acknowledging this reality. Although I think you meant it to be a pro socialism post but I’ll play along for a bit.

Of the three issues you brought up which one would you like to see reversed first?

Raise taxes.
Reign in the FED.
Cut spending.
Yes, I don't want a high degree of socialism, I don't want Bernie in there. I'm a capitalist.

And yes, the three solutions you provide would be correct.

The point is, the crowing about a good economy being driven (at least in part) by what many on the Right call "socialism".

I hope this period will open a few eyes to the obvious, that the economy is not binary, it's about a proper equilibrium.
.
.

Trump's tax cuts and regulation cuts are socialism now?

Please...
 
When I start threads like this and ask questions like this, a little part of me always wonders if I've missed something, and if someone will be able to completely blow my premise out of the water.

So far, that's not happening. "Fake News" appears to be the Borg's response.
.

Deflection is always your response.

The money printers have been turned off under Trump, that is the fact.

Better question is why you always go out of your way to see anything related to Trump in a negative light.
I know I'm not going to get an informed, honest opinion from you. You've made that clear. Again.

The leg-humping really isn't necessary.
.

The Fed balance sheet is not an opinion, it is a fact. No matter how much your opinion differs from the fact, the fact remains. Get your facts correct.
 
When I start threads like this and ask questions like this, a little part of me always wonders if I've missed something, and if someone will be able to completely blow my premise out of the water.

So far, that's not happening. "Fake News" appears to be the Borg's response.
.
So you didn't click on the link to the actual data, no surprise there!
Prove my NUMBERS wrong before you pat yourself on the back!
I didn't read your post because, like the Trumpsters, you didn't directly address the question.

That's fine, I'm just not required to enable it.
.
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?.
You forgot to mention deregulation … how convenient.
REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

g0mcq7.jpg

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.
Which is why these threads fail. The OP begins with a straw man argument and challenges everyone else to keep it clean & civil. We truly live in bizarre times. Another poster on this thread once argued that comparisons between Trump and Obama are unfair because Trump has been treated "so well" by the Fed. Of course, when the truth was posted, the jig was up. The Fed rate began to rise virtually the day Trump won the election and JFTR, look where the rate was for virtually all of Obama's 2 terms:
interest-rates-ap-jpo-181219_hpEmbed_1x1_992.jpg
I mentioned the three main drivers. You can add to them if you'd like.

The point remains, and you avoided it.

How convenient.
.
One of your drivers - "the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system" - has been shown to be a strawman yet you ignore that and continue to drift blithely into the haze. The economy is in balance which is the job of the Fed. Our increasing productivity - the real economic driver - requires increased money supply. If inflation shows its head the Fed will tighten as they did the moment Trump was elected.
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.
I’m against socialism for the exact things you’re posting about here. It’s not sustainable.

By your own admission you are acknowledging this reality. Although I think you meant it to be a pro socialism post but I’ll play along for a bit.

Of the three issues you brought up which one would you like to see reversed first?

Raise taxes.
Reign in the FED.
Cut spending.
Yes, I don't want a high degree of socialism, I don't want Bernie in there. I'm a capitalist.

And yes, the three solutions you provide would be correct.

The point is, the crowing about a good economy being driven (at least in part) by what many on the Right call "socialism".

I hope this period will open a few eyes to the obvious, that the economy is not binary, it's about a proper equilibrium.
.
.
C'mon, 58. I pointed out the flaw. Spending in general boosts the economy, not government spending.

Quit taxing the fuck out of everybody and let them spend that money their own way, and you get the same result.

.
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?.
You forgot to mention deregulation … how convenient.
REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

g0mcq7.jpg

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.
Which is why these threads fail. The OP begins with a straw man argument and challenges everyone else to keep it clean & civil. We truly live in bizarre times. Another poster on this thread once argued that comparisons between Trump and Obama are unfair because Trump has been treated "so well" by the Fed. Of course, when the truth was posted, the jig was up. The Fed rate began to rise virtually the day Trump won the election and JFTR, look where the rate was for virtually all of Obama's 2 terms:
interest-rates-ap-jpo-181219_hpEmbed_1x1_992.jpg

Why is it that the greatest economy ever still has to pump billions and billions?

Is your argument that this is just the way the economy is now and it's never to stop?
Woo … so you never learn. The money supply must keep pace with economic output and according to the FRED graph above, it has done exactly that. Too many dollars cause inflation and we have almost none.

And do you have any idea how silly that "economy stinks" argument sounds at this point? Even "Trump is a mean poppy-head" is more credible.

It's unsustainable. The rest of the world is not going to simply allow us to "create wealth" out of nothing forever.

They have already started to undermine that.

Besides......where in Capitalism do you find creating wealth out of nothing?
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?.
You forgot to mention deregulation … how convenient.
REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

g0mcq7.jpg

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.
Which is why these threads fail. The OP begins with a straw man argument and challenges everyone else to keep it clean & civil. We truly live in bizarre times. Another poster on this thread once argued that comparisons between Trump and Obama are unfair because Trump has been treated "so well" by the Fed. Of course, when the truth was posted, the jig was up. The Fed rate began to rise virtually the day Trump won the election and JFTR, look where the rate was for virtually all of Obama's 2 terms:
interest-rates-ap-jpo-181219_hpEmbed_1x1_992.jpg
I mentioned the three main drivers. You can add to them if you'd like.

The point remains, and you avoided it.

How convenient.
.
One of your drivers - "the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system" - has been shown to be a strawman yet you ignore that and continue to drift blithely into the haze. The economy is in balance which is the job of the Fed. Our increasing productivity - the real economic driver - requires increased money supply. If inflation shows its head the Fed will tighten as they did the moment Trump was elected.
I guess you didn't "see" the proof I provided.

Or maybe it's just "fake news".

I'm not surprised.
.
 
Trump's tax cuts and regulation cuts are socialism now? Please...
And more lies.

Quote me saying that.

At least you guys are consistent - you don't quote, you just make stuff up.
.

It is you who claim that Trump's success is because "socialism", while he has mostly done the opposite. Increased freedoms...
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.
I’m against socialism for the exact things you’re posting about here. It’s not sustainable.

By your own admission you are acknowledging this reality. Although I think you meant it to be a pro socialism post but I’ll play along for a bit.

Of the three issues you brought up which one would you like to see reversed first?

Raise taxes.
Reign in the FED.
Cut spending.
Yes, I don't want a high degree of socialism, I don't want Bernie in there. I'm a capitalist.

And yes, the three solutions you provide would be correct.

The point is, the crowing about a good economy being driven (at least in part) by what many on the Right call "socialism".

I hope this period will open a few eyes to the obvious, that the economy is not binary, it's about a proper equilibrium.
.
.
You didn’t answer my question. Prioritize the three choices. Which one do you take on first.
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.

oh jesus
(1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.
What's your point ? If you equate all of government spending = socialism then thier really nothing to discuss
The fed is not a government entity
Since cronyism and dysfunctional government is screwing yas all why not give uber cronyism ...I mean socialism a try ..
what could possibly go wrong ...
Reeductaction camps with living wages for all !
Fellow monied people you wont be needing all that cash anymore
arbeit macht frei

We're in the shape we are in today because of government ...pleanty of blame to go around for both parties and faceless unelected lecherous tyrant burrecrats.
What is the answer for the fake centrist of the board more government...a left wing one at that .a system that flunks everywhere its tried...That wasn't real socialism this time we'll get it right ferp

If the economic collapse comes .....sooner or later it will for one reason or another ...se yas on the other side...bring Adam Smith's book with yas ..
Oh yeah Remember to hide a copy before they burn it for white man bad think
 
I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.
I’m against socialism for the exact things you’re posting about here. It’s not sustainable.

By your own admission you are acknowledging this reality. Although I think you meant it to be a pro socialism post but I’ll play along for a bit.

Of the three issues you brought up which one would you like to see reversed first?

Raise taxes.
Reign in the FED.
Cut spending.
Yes, I don't want a high degree of socialism, I don't want Bernie in there. I'm a capitalist.

And yes, the three solutions you provide would be correct.

The point is, the crowing about a good economy being driven (at least in part) by what many on the Right call "socialism".

I hope this period will open a few eyes to the obvious, that the economy is not binary, it's about a proper equilibrium.
.
.
You didn’t answer my question. Prioritize the three choices. Which one do you take on first.
I don't know why it matters, since it's a moot point.

The massively increased spending and tax cuts are already baked in and set. So trying to stop the Fed would be the only #1.
.
 
Cutting the Federal government in 1/2 and stop paying welfare to shitfucks who sit on the lazy liberal butts. It isnt a revenue problem, it is a government spending problem.

Well, Trump sure as hell is not going to do that.


This year we are taking in the largest tax revenues ever. Liberal policies are spending 1 trillion more. 1 trillion dollars gets paid to the War on Poverty. Stop paying for that endless war, the budget is balanced.

It is not just Liberal policies, both parties are big spending parties, neither have any desire to cut spending, the only disagreement is where the money should be spent.
Have to take back the house, and when Nan from San Fransicko gives up the gavel, you will see spending cuts...

That sounds awesome...yet during the two years that the Repubs held the House, the Senate and the White House deficits rose by 33%.

Quit being a parrot for your party, look at reality.
 
First I don't support the Fed still pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system that was necessary after the big meltdown of 2008 I don't believe it still is today. My main objection to socialism is it takes power and choice away from the people and gives it to the government the more power the government gets the more it wants historically this has never worked out well for the people.
A civil, reasonable response. Thank you.

What this moment may show us is that economies are not binary - all government or no government. There's a point of equilibrium that must be met at any given time, for any given situation, and we have to keep our minds open to it.
.
I don't disagree that government has it's role in things even the economy but it needs to know that role and understand what it's capable of doing and what it's not. This is an over simplified example but when I see how bad it messed up something like the Iowa cacuss it makes me seriously ask do I want this same enity taking over healthcare.
Sure. A system this huge and complicated needs careful controls and monitoring. At all freaking times. Both business and government are run by people, and we sure have our weaknesses.
.
To me it comes down to this government can and does do a lot of things but how many of them do they do in an efficien cost effective way.
 
First I don't support the Fed still pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system that was necessary after the big meltdown of 2008 I don't believe it still is today. My main objection to socialism is it takes power and choice away from the people and gives it to the government the more power the government gets the more it wants historically this has never worked out well for the people.
A civil, reasonable response. Thank you.

What this moment may show us is that economies are not binary - all government or no government. There's a point of equilibrium that must be met at any given time, for any given situation, and we have to keep our minds open to it.
.
I don't disagree that government has it's role in things even the economy but it needs to know that role and understand what it's capable of doing and what it's not. This is an over simplified example but when I see how bad it messed up something like the Iowa cacuss it makes me seriously ask do I want this same enity taking over healthcare.
Sure. A system this huge and complicated needs careful controls and monitoring. At all freaking times. Both business and government are run by people, and we sure have our weaknesses.
.
To me it comes down to this government can and does do a lot of things but how many of them do they do in an efficien cost effective way.
Yeah, that's another thing: We have to increase government efficiencies. Seems to me we should be placing a high priority on that, but I never see it.
.
 
Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

Sadly Obama supporters defended him inflating the economy in the same way Trump is.
Obama did the only thing he could do: He stood back as the Fed pumped $4.5T into markets.

That was digging us out of a catastrophe. This is happening in a non-recessionary period, something Keynes himself would have opposed.
.
Faith in the economy and American capitalism must be maintained at any cost. That is the only economic philosophy at work right now.

Faith in the economy is long gone.
Consumer debt is what really drives growth in the economy. A whole lot of people are taking on debt at record levels. Taking on debt requires people to be confident that they will be able to pay it off for years into the future. That takes faith.
Consumer debt to GDP ratio has been declining for over a decade:

united-states-households-debt-to-gdp.png
 

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