LMAO: It was no such thing!
Posted on 11/11/2016 9:28:15 PM PST by vannrox
Edited on 11/11/2016 10:00:16 PM PST by Admin Moderator. [history]
Following the BREXIT vote in late June and passionate support for the Bernie Sanders campaign, the Presidential election of Donald Trump provided yet another sign that the American people, as well as many around the world, are increasingly demanding a new economic path. This piece is not written to opine on the election or the merits of Donald Trump. The intent is to highlight, through the use of a few charts, that the nation’s economic policy for the last 30 years has failed greatly and hollowed out the middle class. The consequences have been accumulating for years but have been camouflaged by ever increasing, but unsuccessful attempts to reignite economic growth.
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The Bush 41’s NWO revolution. He started this crap.
“Wealth redistribution” is an ugly phrase around here, with marxist connotations.
I’m thinking of re-branding that term to something like “Wealth restoration”. Think it’ll fly?
Keynes is still not dead.
Not-quite-so mainstream economics have made great strides recognizing that man is not entirely a rational animal, and creating models correcting for that.
Oh indeed
LMAO: It was no such thing!
The two charts on trade deals, with NAFTA highlited, show precisely Ross Perot’s “Giant Sucking Sound” of jobs leaving the USA. He deserves more credit than he gets.
Some of this data doesn’t look accurate.
Yes, and Buchanan. They were bad messengers, Trump sealed the deal.
Ah-oh, something had gone wrong. Stocks used to go down because everyone knew jobless workers was bad in the long run.
Think some of this crap started with an environmental twist.
Citizens in a good economy consume too many resources.
Not Remembering the statistics fed to us around the time of bush 41 about how much the US consumed of the worlds resources.
Coal bad, cow farts, Globull warming, let’s all recycle and save the whales. Get a bike and be happy doing yoga.
The plan is to make us all simple peasants.
NSFW: https://www.youtube.com/watch?v=GLG9g7BcjKs
A liberal in the UK nails one of the reasons WHY trump won.
[ I first noticed during the 1980’s bank mergers that the stock market went up every time blocks of workers were laid-off (instead of when companies made a profit.)
Ah-oh, something had gone wrong. Stocks used to go down because everyone knew jobless workers was bad in the long run. ]
When the purpose of the stock market changed from being a tool for companies to raise capital for long term projects and their own company infrastructure investment while rewarding wise long term business decisions and instead turned into a short term gain casino game is when the Stock Market as a concept jumped the shark.
Companies become traded companies these days to MAKE MONEY ON THE STOCK MARKET ITSELF, not their own MERIT....
Companies used to become Publicly traded in order to raise capital to EXPAND.... in the gold olde days...
bfl
Like the tree that falls in the forest
Does the finger from an invisible hand get recognized....?
Let’s start with prosecuting criminals.
Economics works a lot better when fraud is cleansed from the system.
economic policy for the last 30 years has failed greatly and hollowed out the middle class.
the communist progressives consider hollowing out the middle class a success.
It is one of their major goals.
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