Unit2Sucks said:

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movielover said:

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Unit2Sucks said:

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DiabloWags said:

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76BearsFly said:

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No real mystery here- (1) shut down the economy unnecessarily for COVID; (2) pay people not to work; (3) spend over $2 Trillion we don't have thereby artificially over heating the economy; and (4) suffer the ripple effects of extreme deficit spending.

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You forgot the most important part . . .

The Federal Reserve increasing M2 Money Supply by an unprecedented 40% thanks to yet another incompetent Trump appointee . . . Jerome Powell. - - - The guy who last year said that inflation was transitory.

Nothing like jacking up M2 by $6.5 Trillion.

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76 forgot to mention Trump throwing inflationary tariff money at farmers. Tariffs both raised prices we paid for everyday goods and caused prices to go up by subsidizing farmers.

Or yeah, the $6.5T which dwarfs everything else by several orders of magnitude.

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False. We had minimal inflation under President Trump.

Look at the Green Inflation people are burying (restricting oil supplies), which also directly affects food and fertilizer, and an additional round of unneeded pork.

This is the Green New Deal / AOC / Build Ba ck Better / WEF plan. Man is bad. Cheap energy is bad. Steaks are bad. Scarcity and "transition" are good. All while Newsom and Breed dine at the French Laundry, and Nancy Pelosi's daughter films J6. It was all planned.

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People predicted inflation from the beginning of the pandemic. Massive central bank balance sheet increases, fiscal stimulus and production shortages were all known well before Trump left office. International economies don't turn on a dime - inflation can very much be a lagging indicator given all of the complex factors that combine to impact it. You seem to take a very surface-level and uncritical eye toward information which is not a great way to evaluate economic (or other complex) data.

Economist talked about this all the way back in April 2020, before most people had any idea that COVID would be this serious. Conservative posters at the time believed Trump when he said it would be gone by Easter lol. You don't just get to ignore the wreckage caused in the final year of Trump's presidency and lay everything at the feet of his successor.

Quote:

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Worries about soaring prices start with the observation that virus-fighting measures choke off production. Crudely put, inflation is the result of too much money chasing too few goods. At present the amount of goods and services available for purchase is tumbling. Many service industries are shut down. The virus is playing havoc with the supply of some products. On April 12th Smithfield Foods, a meat-processing firm, said it would close a plant producing nearly 5% of American pork, after more than 200 workers fell ill; it has since shut down others. Workers involved in the logistics operations for e-commerce platforms, such as Amazon and Instacart, have gone on strike to demand higher pay and safer working conditions. If supply interruptions translate into shortages in shops, then higher prices could follow.

Massive stimulus programmes are another potential source of inflation. Governments around the world are borrowing heavily to finance schemes that support firms and workers. Central banks are flooding economies with newly created money. Over the past month the balance-sheet of the European Central Bank has grown by 550bn ($600bn), or nearly 12%, and that of the Federal Reserve by nearly $2trn, more than 40%. Printing money during the global financial crisis did not spark rapid inflation. Yet its coincidence with a collapse in supply might lead you to expect rocketing prices.

Hold on for dear life

Inflationary effects are most likely to appear once the virus is truly beaten. The crisis could weaken structural forces weighing on demand. Take inequality, for instance, which concentrates income in the hands of the thrifty rich. More generous post-pandemic safety-nets, or progressive taxes enacted to pay down large government debts, could redirect income towards freer spenders, creating inflationary pressure. So could a change in policymaking attitudes. The economic traumas of the early 21st century may push governments and central banks to prefer high economic growth and low unemployment to low and stable inflation, as happened after the second world war. Inflation is not certain to return after covid-19. But its re-emergence seems less fantastic a possibility.

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But your people insisted it was "transitory" way up until this year when it ran rampant. Total lack of recognition.

FACT: Trump presided over a net 4 million job loss during his Presidency.

FACT: Trump is the only president in the last 80 years to have net job losses during his presidency.

OdontoBear66 said:

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But your people insisted it was "transitory" way up until this year when it ran rampant. Total lack of recognition.

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Jerome Powell, a Trump appointee is the only person that matters.
He's the guy in POWER and in total control of MONETARY POLICY and told people that inflation was TRANSITORY.
Nobody else matters.

For some strange reason, you conveniently ignore that.

I got to hand it to you Odonto . . . you're about as partisan as they come.
It would be helpful in these discussion if you could take the "blinders" off occasionally.

DiabloWags said:

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FACT: Trump presided over a net 4 million job loss during his Presidency.

FACT: Trump is the only president in the last 80 years to have net job losses during his presidency.

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FACT: the Democrat Plandemic caused those job losses.

FACT: President Trump lobbied to reopen as soon as possible, and he noted the harm that would be caused to families, children, businesses with a prolonged shutdown.

FACT: Teachers unions lobbied to keep schools closed longer, children have been harmed, and it's quite likely many more people will start home schooling their children.

FACT: many of our medical agencies, the CDC, Fauci, Birx, etc., have lost all credibility for their non-science approach and hysteria.

Next.

movielover said:

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Speculation is the CIA offed JFK. If President Trump fired Chris Wray, the MSM would explode, there would be another impeachment, and then only compromised people get confirmed. (President Trump is still fighting to release documents he declassified.) Some argue the Intelligence Community is now our fourth, superceding branch of government. Funded and influenced by the MIC. Between them and Wall Street, tens of Trillions at stake. Trade deals, outsourcing, wars, military expenditures.

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Yikes, clearly Trump couldn't get his own house in order, or he was afraid of public criticism. Too much weakness.

movielover said:

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DiabloWags said:

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FACT: Trump presided over a net 4 million job loss during his Presidency.

FACT: Trump is the only president in the last 80 years to have net job losses during his presidency.

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FACT: the Democrat Plandemic caused those job losses.

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That's a pretty cool story.
Completely absent of reality, but very cool nonetheless.

DiabloWags said:

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movielover said:

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DiabloWags said:

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FACT: Trump presided over a net 4 million job loss during his Presidency.

FACT: Trump is the only president in the last 80 years to have net job losses during his presidency.

---

FACT: the Democrat Plandemic caused those job losses.

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That's a pretty cool story.
Completely absent of reality, but very cool nonetheless.

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Covid 19 caused job losses in all parts of America, except Walnut Creek, apparently.

Anti-vaxxers continue to suffer from a poor vocabulary.
But the conspiracy theories are still as high as a kite.

Plandemic - Wikipedia

DiabloWags said:

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FACT: Trump presided over a net 4 million job loss during his Presidency.

FACT: Trump is the only president in the last 80 years to have net job losses during his presidency.

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It is a shame that you can't acknowledge the job losses caused by covid 19 and then gained when we opened back up because people gained immunity through vaccines and virus exposure.

movielover said:

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FACT: the Democrat Plandemic caused those job losses.

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Too bad we didnt take the Orange Buffoon's suggestion and inject people with disinfectant so that we could tame the Democratic Plandemic.

Maybe then, our country would not have suffered from 1 MILLION people dying.

Pure genius!

oski003 said:

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DiabloWags said:

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FACT: Trump presided over a net 4 million job loss during his Presidency.

FACT: Trump is the only president in the last 80 years to have net job losses during his presidency.

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It is a shame that you can't acknowledge the job losses caused by covid 19 and then gained when we opened back up because people gained immunity through vaccines and virus exposure.

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It's a shame that you can acknowledge the job losses caused by Covid 19 but you can't acknowledge any of the economic and societal ramifications caused by Covid 19.

Eastern Oregon Bear said:

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oski003 said:

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DiabloWags said:

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FACT: Trump presided over a net 4 million job loss during his Presidency.

FACT: Trump is the only president in the last 80 years to have net job losses during his presidency.

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It is a shame that you can't acknowledge the job losses caused by covid 19 and then gained when we opened back up because people gained immunity through vaccines and virus exposure.

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It's a shame that you can acknowledge the job losses caused by Covid 19 but you can't acknowledge any of the economic and societal ramifications caused by Covid 19.

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What economic and societal ramifications caused by covid 19 do I not acknowledge?

Unit2Sucks said:

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Still waiting for movielover to share with us where on this chart Trump took over but I guess he's too busy amplifying baseless idiotic conspiracy theories and making excuses for Trump's failure of a presidency.

Unemployment rates
Obama
2009 - 9.25%
2010 - 9.63%
2011 - 8.95%
2012 - 8.07%
2013 - 7.37%
2014 - 6.17%
2015 - 5.28%
2016 - 4.87%

Trump
2017 - 4.36%
2018 - 3.90%
2019 - 3.67%
2020 - 8.05% - Plandemic

movielover said:

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Unemployment rates
Obama
2009 - 9.25%
2010 - 9.63%
2011 - 8.95%
2012 - 8.07%
2013 - 7.37%
2014 - 6.17%
2015 - 5.28%
2016 - 4.87%

Trump
2017 - 4.36%
2018 - 3.90%
2019 - 3.67%
2020 - 8.05% - Plandemic

---

Yes, we all know that Obama cut the unemployment rate in half during his presidency and that Trump doubled it. Thanks for confirming. This is a repeating pattern as Dubya also had unemployment double during his tenure and Biden has cut it in half.

Too bad Trump released the plandemic, as you call it, on our country. It's a good thing he wasn't able to steal the election in 2020.

Unit2Sucks said:

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movielover said:

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Unemployment rates
Obama
2009 - 9.25%
2010 - 9.63%
2011 - 8.95%
2012 - 8.07%
2013 - 7.37%
2014 - 6.17%
2015 - 5.28%
2016 - 4.87%

Trump
2017 - 4.36%
2018 - 3.90%
2019 - 3.67%
2020 - 8.05% - Plandemic

---

Yes, we all know that Obama cut the unemployment rate in half during his presidency and that Trump doubled it. Thanks for confirming. This is a repeating pattern as Dubya also had unemployment double during his tenure and Biden has cut it in half.

Too bad Trump released the plandemic, as you call it, on our country. It's a good thing he wasn't able to steal the election in 2020.

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And once again, someone actually posted FACTS that undermined their own claim.
I guess ignorance really is bliss.

They seriously put up a ballot graphic for him suggesting a vote for Democrats is a vote for lower costs.

I’m not sure if this is tone-deafness or indicative of how stupid they believe voters are.

It’s probably a bit of both. https://t.co/qdTimbiQ3F

— Rich Baris "The People's Pundit" (@Peoples_Pundit) November 3, 2022

Unit2Sucks said:

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movielover said:

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Unemployment rates
Obama
2009 - 9.25%
2010 - 9.63%
2011 - 8.95%
2012 - 8.07%
2013 - 7.37%
2014 - 6.17%
2015 - 5.28%
2016 - 4.87%

Trump
2017 - 4.36%
2018 - 3.90%
2019 - 3.67%
2020 - 8.05% - Plandemic

---

Yes, we all know that Obama cut the unemployment rate in half during his presidency and that Trump doubled it. Thanks for confirming. This is a repeating pattern as Dubya also had unemployment double during his tenure and Biden has cut it in half.

Too bad Trump released the plandemic, as you call it, on our country. It's a good thing he wasn't able to steal the election in 2020.

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Unit, what concerns me is that most of your "perceived" persuasion do not wish to accept whether or not we are in a recession, but at the same time will interpret numbers like the above in such a way.

First let me say I almost gag when defending anything relating to Trump, but unemployment was trending down for 3 years, each year, from a good point to a better point and in 2020 pandemic hit and shutdown along with it. The entire reason for the 8.05%.

I also like the drop in the Obama presidency numbers from 9% to 5% but I also recall what happened in 2008 and 2009 and then followed by QE which lasted far too long creating what we have today. Aside that, if we are to credit one, we must credit the other. BTW Trump participated in continuing the QE as well. Way too long.

There are valid reasons behind each, not just a list of numbers.

OdontoBear66 said:

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Unit2Sucks said:

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movielover said:

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Unemployment rates
Obama
2009 - 9.25%
2010 - 9.63%
2011 - 8.95%
2012 - 8.07%
2013 - 7.37%
2014 - 6.17%
2015 - 5.28%
2016 - 4.87%

Trump
2017 - 4.36%
2018 - 3.90%
2019 - 3.67%
2020 - 8.05% - Plandemic

---

Yes, we all know that Obama cut the unemployment rate in half during his presidency and that Trump doubled it. Thanks for confirming. This is a repeating pattern as Dubya also had unemployment double during his tenure and Biden has cut it in half.

Too bad Trump released the plandemic, as you call it, on our country. It's a good thing he wasn't able to steal the election in 2020.

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Unit, what concerns me is that most of your "perceived" persuasion do not wish to accept whether or not we are in a recession, but at the same time will interpret numbers like the above in such a way.

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What are you talking about? How can we be in a recession if GDP grew at 2.6% last quarter? Was Trump's entire presidency also a recession?

If you believe a recession occurred earlier this year, you should be praising Biden for quickly leading us out of it. But we both know that you think the economy is worse off now than it was in Q1 of this year and that you don't really believe that we exited a recession.

Seems like conservatives here have cognitive dissonance.

OdontoBear66 said:

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I also like the drop in the Obama presidency numbers from 9% to 5% but I also recall what happened in 2008 and 2009 and then followed by QE which lasted far too long creating what we have today. Aside that, if we are to credit one, we must credit the other. BTW Trump participated in continuing the QE as well. Way too long.

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Please explain to me how the President of the United States is responsible for QE continuing way too long.

Does the President call up the Chairman of the Federal Reserve and tell him to keep buying bonds and printing money?

movielover said:

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They seriously put up a ballot graphic for him suggesting a vote for Democrats is a vote for lower costs.

I’m not sure if this is tone-deafness or indicative of how stupid they believe voters are.

It’s probably a bit of both. https://t.co/qdTimbiQ3F

— Rich Baris "The People's Pundit" (@Peoples_Pundit) November 3, 2022

---

OK then, 3 out of 4 for Democrats and most likely 0 or 1 out of 4 for Republicans. Tough choice.

U.S. economy adds 261,000 jobs in October as labor market stays solid


https://www.axios.com/2022/11/04/october-job-report-2022-release

Today, Porsche pushed back 911 production for 30 days.
Heard it was Biden's fault.

WEF green policies.

movielover said:

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WEF green policies.

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If I cared to understand your shorthand jargon, I'd ask what WEF stands for, but I don't, so never mind.

Eastern Oregon Bear said:

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movielover said:

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WEF green policies.

---

If I cared to understand your shorthand jargon, I'd ask what WEF stands for, but I don't, so never mind.

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I'm going with World Evangelical Fellowship.









LMFAO!

Eastern Oregon Bear said:

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movielover said:

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WEF green policies.

---

If I cared to understand your shorthand jargon, I'd ask what WEF stands for, but I don't, so never mind.

---

Out of touch.

I thought AntiochWags had me on ignore?

movielover said:

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Eastern Oregon Bear said:

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movielover said:

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WEF green policies.

---

If I cared to understand your shorthand jargon, I'd ask what WEF stands for, but I don't, so never mind.

---

Out of touch.

I thought AntiochWags had me on ignore?

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They're shrodinger's posters. They block everybody and nobody!

movielover said:

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Eastern Oregon Bear said:

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movielover said:

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WEF green policies.

---

If I cared to understand your shorthand jargon, I'd ask what WEF stands for, but I don't, so never mind.

---

Out of touch.

I thought AntiochWags had me on ignore?

---

I'm proud to admit that I'm out of touch with the slang and acronyms that are used in the right wing media bubble that you inhabit. If you want to give your arguments more context, you'd explain what your terms mean. Given the general quality of your arguments, it won't likely help much, but at least they wouldn't be complete nonstarters.

movielover said:

---

Eastern Oregon Bear said:

---

movielover said:

---

WEF green policies.

---

If I cared to understand your shorthand jargon, I'd ask what WEF stands for, but I don't, so never mind.

---

Out of touch.

I thought AntiochWags had me on ignore?

---

That's why he replied to me, not you.

Eastern Oregon Bear said:

---

movielover said:

---

Eastern Oregon Bear said:

---

movielover said:

---

WEF green policies.

---

If I cared to understand your shorthand jargon, I'd ask what WEF stands for, but I don't, so never mind.

---

Out of touch.

I thought AntiochWags had me on ignore?

---

I'm proud to admit that I'm out of touch with the slang and acronyms that are used in the right wing media bubble that you inhabit. If you want to give your arguments more context, you'd explain what your terms mean. Given the general quality of your arguments, it won't likely help much, but at least they wouldn't be complete nonstarters.

---

WEF = World Economic Forum which has devotees like Justin Trudeau. Founded by German engineer and economist Klaus Schwab several decades ago.

The Hill: "At a virtual meeting earlier in June hosted by the World Economic Forum, some of the planet's most powerful business leaders, government officials and activists announced a proposal to "reset" the global economy. Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs."

"...Schwab also said that "all aspects of our societies and economies" must be "revamped," "from education to social contracts and working conditions."

"Joining Schwab at the WEF event was Prince Charles, one of the primary proponents of the Great Reset; Gina Gopinath, the chief economist at the International Monetary Fund; Antnio Guterres, the secretary-general of the United Nations; and CEOs and presidents of major international corporations, such as Microsoft and BP. "

"The world needs massive new government programs and far-reaching policies comparable to those offered by American socialists such as Sen. Bernie Sanders (I-Vt.), and Rep. Alexandria Ocasio-Cortez (D-N.Y.) in their Green New Deal plan.

"Or, put another way, we need a form of socialism a word the World Economic Forum has deliberately avoided using, all while calling for countless socialist and progressive plans."

https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to/

movielover said:

---

WEF = World Economic Forum which has devotees like Justin Trudeau. Founded by German engineer and economist Klaus Schwab several decades ago.

The Hill: "At a virtual meeting earlier in June hosted by the World Economic Forum, some of the planet's most powerful business leaders, government officials and activists announced a proposal to "reset" the global economy. Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs."

"...Schwab also said that "all aspects of our societies and economies" must be "revamped," "from education to social contracts and working conditions."

"Joining Schwab at the WEF event was Prince Charles, one of the primary proponents of the Great Reset; Gina Gopinath, the chief economist at the International Monetary Fund; Antnio Guterres, the secretary-general of the United Nations; and CEOs and presidents of major international corporations, such as Microsoft and BP. "

"The world needs massive new government programs and far-reaching policies comparable to those offered by American socialists such as Sen. Bernie Sanders (I-Vt.), and Rep. Alexandria Ocasio-Cortez (D-N.Y.) in their Green New Deal plan.

"Or, put another way, we need a form of socialism a word the World Economic Forum has deliberately avoided using, all while calling for countless socialist and progressive plans."

https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to/

---

Interesting that you consider a New Deal-like economy, with balance between the economic & political power of Capital and Labor, as "Socialist" or "radical". Were FDR, Truman, Eisenhower, JFK & LBJ "radicals?" NO. They all presided over a balanced economy that created the most prosperous Middle Class in world history. Even today, MAGAs refer to this time in U.S. history as the time "when America Was Great."

Since that time, the Conservative Radicals of Capital took over, declared OUR Government the "enemy," and started a War on Workers that continues to this day.

Reagan was the original radical. He & his radical Capitalists transformed a thriving New Deal economy, with high pay for Workers, into the current austerity hellscape. Reagan set the tone by breaking the Air Traffic Controllers' Union, driving U.S. Workers' wages down. He also stopped enforcing the laws against hiring undocumented workers, which brought a flood of desperately poor people from Mexico to work what had previously been well-paid union jobs, in industries like meat packing.

Glad there's finally some acknowledgement that the economy has to benefit the many, not just a few.

BTW, "Socialism" is an economic system where the government owns & operates the means of production.

Neither FDR's New Deal, nor the proposed Green New Deal are "Socialism." They are both Capitalist systems with public programs and government regulation.

At least a few sane people are discussing how we'll cope after the collapse of Neoliberalism and Globalism, both of which are unraveling as we speak.

cbbass1 said:

---

movielover said:

---

WEF = World Economic Forum which has devotees like Justin Trudeau. Founded by German engineer and economist Klaus Schwab several decades ago.

The Hill: "At a virtual meeting earlier in June hosted by the World Economic Forum, some of the planet's most powerful business leaders, government officials and activists announced a proposal to "reset" the global economy. Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs."

"...Schwab also said that "all aspects of our societies and economies" must be "revamped," "from education to social contracts and working conditions."

"Joining Schwab at the WEF event was Prince Charles, one of the primary proponents of the Great Reset; Gina Gopinath, the chief economist at the International Monetary Fund; Antnio Guterres, the secretary-general of the United Nations; and CEOs and presidents of major international corporations, such as Microsoft and BP. "

"The world needs massive new government programs and far-reaching policies comparable to those offered by American socialists such as Sen. Bernie Sanders (I-Vt.), and Rep. Alexandria Ocasio-Cortez (D-N.Y.) in their Green New Deal plan.

"Or, put another way, we need a form of socialism a word the World Economic Forum has deliberately avoided using, all while calling for countless socialist and progressive plans."

https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to/

---

Interesting that you consider a New Deal-like economy, with balance between the economic & political power of Capital and Labor, as "Socialist" or "radical". Were FDR, Truman, Eisenhower, JFK & LBJ "radicals?" NO. They all presided over a balanced economy that created the most prosperous Middle Class in world history. Even today, MAGAs refer to this time in U.S. history as the time "when America Was Great."

Since that time, the Conservative Radicals of Capital took over, declared OUR Government the "enemy," and started a War on Workers that continues to this day.

Reagan was the original radical. He & his radical Capitalists transformed a thriving New Deal economy, with high pay for Workers, into the current austerity hellscape. Reagan set the tone by breaking the Air Traffic Controllers' Union, driving U.S. Workers' wages down. He also stopped enforcing the laws against hiring undocumented workers, which brought a flood of desperately poor people from Mexico to work what had previously been well-paid union jobs, in industries like meat packing.

Glad there's finally some acknowledgement that the economy has to benefit the many, not just a few.

BTW, "Socialism" is an economic system where the government owns & operates the means of production.

Neither FDR's New Deal, nor the proposed Green New Deal are "Socialism." They are both Capitalist systems with public programs and government regulation.

At least a few sane people are discussing how we'll cope after the collapse of Neoliberalism and Globalism, both of which are unraveling as we speak.

---

This was a great post right up until you used that stupid word neoliberalism. Call it what it is - conservatism and stop giving conservatives a free pass.

dajo9 said:

---

cbbass1 said:

---

movielover said:

---

WEF = World Economic Forum which has devotees like Justin Trudeau. Founded by German engineer and economist Klaus Schwab several decades ago.

The Hill: "At a virtual meeting earlier in June hosted by the World Economic Forum, some of the planet's most powerful business leaders, government officials and activists announced a proposal to "reset" the global economy. Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs."

"...Schwab also said that "all aspects of our societies and economies" must be "revamped," "from education to social contracts and working conditions."

"Joining Schwab at the WEF event was Prince Charles, one of the primary proponents of the Great Reset; Gina Gopinath, the chief economist at the International Monetary Fund; Antnio Guterres, the secretary-general of the United Nations; and CEOs and presidents of major international corporations, such as Microsoft and BP. "

"The world needs massive new government programs and far-reaching policies comparable to those offered by American socialists such as Sen. Bernie Sanders (I-Vt.), and Rep. Alexandria Ocasio-Cortez (D-N.Y.) in their Green New Deal plan.

"Or, put another way, we need a form of socialism a word the World Economic Forum has deliberately avoided using, all while calling for countless socialist and progressive plans."

https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to/

---

Interesting that you consider a New Deal-like economy, with balance between the economic & political power of Capital and Labor, as "Socialist" or "radical". Were FDR, Truman, Eisenhower, JFK & LBJ "radicals?" NO. They all presided over a balanced economy that created the most prosperous Middle Class in world history. Even today, MAGAs refer to this time in U.S. history as the time "when America Was Great."

Since that time, the Conservative Radicals of Capital took over, declared OUR Government the "enemy," and started a War on Workers that continues to this day.

Reagan was the original radical. He & his radical Capitalists transformed a thriving New Deal economy, with high pay for Workers, into the current austerity hellscape. Reagan set the tone by breaking the Air Traffic Controllers' Union, driving U.S. Workers' wages down. He also stopped enforcing the laws against hiring undocumented workers, which brought a flood of desperately poor people from Mexico to work what had previously been well-paid union jobs, in industries like meat packing.

Glad there's finally some acknowledgement that the economy has to benefit the many, not just a few.

BTW, "Socialism" is an economic system where the government owns & operates the means of production.

Neither FDR's New Deal, nor the proposed Green New Deal are "Socialism." They are both Capitalist systems with public programs and government regulation.

At least a few sane people are discussing how we'll cope after the collapse of Neoliberalism and Globalism, both of which are unraveling as we speak.

---

This was a great post right up until you used that stupid word neoliberalism. Call it what it is - conservatism and stop giving conservatives a free pass.

---

Thanks... I think...

I use "that stupid word 'Neoliberalism'" because it describes a specific set of policies (lower individual & corporate taxes, privatization of anything Public [i.e., minimizing The Commons], and cutting any government spending that helps individuals).

I also use "that stupid word" because the terms "Liberal" and "Conservative" have no commonly-agreed definitions; and by using "Neoliberalism," both political parties are included. This is because both political parties are perpetuating this unsustainable economic system for the benefit of their corporate donors, at the expense of Working Americans.

Nobody gets a pass.

Republicans represent Capital. The Democrats, on the other hand, represent... Capital.

I also forgot to add: To a Fascist, anything that isn't Fascist is either "Socialist" or "Communist."

cbbass1 said:

---

dajo9 said:

---

cbbass1 said:

---

movielover said:

---

WEF = World Economic Forum which has devotees like Justin Trudeau. Founded by German engineer and economist Klaus Schwab several decades ago.

The Hill: "At a virtual meeting earlier in June hosted by the World Economic Forum, some of the planet's most powerful business leaders, government officials and activists announced a proposal to "reset" the global economy. Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs."

"...Schwab also said that "all aspects of our societies and economies" must be "revamped," "from education to social contracts and working conditions."

"Joining Schwab at the WEF event was Prince Charles, one of the primary proponents of the Great Reset; Gina Gopinath, the chief economist at the International Monetary Fund; Antnio Guterres, the secretary-general of the United Nations; and CEOs and presidents of major international corporations, such as Microsoft and BP. "

"The world needs massive new government programs and far-reaching policies comparable to those offered by American socialists such as Sen. Bernie Sanders (I-Vt.), and Rep. Alexandria Ocasio-Cortez (D-N.Y.) in their Green New Deal plan.

"Or, put another way, we need a form of socialism a word the World Economic Forum has deliberately avoided using, all while calling for countless socialist and progressive plans."

https://thehill.com/opinion/energy-environment/504499-introducing-the-great-reset-world-leaders-radical-plan-to/

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Interesting that you consider a New Deal-like economy, with balance between the economic & political power of Capital and Labor, as "Socialist" or "radical". Were FDR, Truman, Eisenhower, JFK & LBJ "radicals?" NO. They all presided over a balanced economy that created the most prosperous Middle Class in world history. Even today, MAGAs refer to this time in U.S. history as the time "when America Was Great."

Since that time, the Conservative Radicals of Capital took over, declared OUR Government the "enemy," and started a War on Workers that continues to this day.

Reagan was the original radical. He & his radical Capitalists transformed a thriving New Deal economy, with high pay for Workers, into the current austerity hellscape. Reagan set the tone by breaking the Air Traffic Controllers' Union, driving U.S. Workers' wages down. He also stopped enforcing the laws against hiring undocumented workers, which brought a flood of desperately poor people from Mexico to work what had previously been well-paid union jobs, in industries like meat packing.

Glad there's finally some acknowledgement that the economy has to benefit the many, not just a few.

BTW, "Socialism" is an economic system where the government owns & operates the means of production.

Neither FDR's New Deal, nor the proposed Green New Deal are "Socialism." They are both Capitalist systems with public programs and government regulation.

At least a few sane people are discussing how we'll cope after the collapse of Neoliberalism and Globalism, both of which are unraveling as we speak.

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This was a great post right up until you used that stupid word neoliberalism. Call it what it is - conservatism and stop giving conservatives a free pass.

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Thanks... I think...

I use "that stupid word 'Neoliberalism'" because it describes a specific set of policies (lower individual & corporate taxes, privatization of anything Public [i.e., minimizing The Commons], and cutting any government spending that helps individuals).

I also use "that stupid word" because the terms "Liberal" and "Conservative" have no commonly-agreed definitions; and by using "Neoliberalism," both political parties are included. This is because both political parties are perpetuating this unsustainable economic system for the benefit of their corporate donors, at the expense of Working Americans.

Nobody gets a pass.

Republicans represent Capital. The Democrats, on the other hand, represent... Capital.

I also forgot to add: To a Fascist, anything that isn't Fascist is either "Socialist" or "Communist."

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Did I say anything about Democrats or Republicans?

The architects of our failed conservative economic experiment thank you for pushing this off as a liberal problem.