Replies

From what I can gather here, "...exceeds $1.2 trillion, or over $6,600 for every American. ..." means a family of is missing out on $26,400. Every year.

1 posted on 09/04/2015 4:09:48 AM PDT by expat_panama

To: expat_panama

Sure, bring back AMERICAN JOBS.

2 posted on 09/04/2015 4:11:29 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)

To: expat_panama

First we gotta purge our system of the libtards. Gonna be like cleaning the Minoan stables.

3 posted on 09/04/2015 4:15:36 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)

To: expat_panama

The big globalist companies may have recovered their earnings in this “recovery” but the small businesses & average citizens haven’t seen any recovery.

5 posted on 09/04/2015 4:22:53 AM PDT by Smittie (Just like an alien, I'm a stranger in a strange land)

To: 1010RD; A Cyrenian; abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; aposiopetic; Aquamarine; ..

Good morning, time rise and scream! Yesterday's stock index jump/flat is now future looking to -0.90%. No way to start our 3-day weekend if you ask me. Metals futures are also down to -0.49% with gold and silver now at $1,125.30 and $14.74.

Everyone's talking about our wonderful unemployment report:

8:30 AM Nonfarm Payrolls
8:30 AM Nonfarm Private Payrolls
8:30 AM Unemployment Rate
8:30 AM Hourly Earnings
8:30 AM Average Workweek

Headlines from the Confirmation Bias Newsservice:

6 posted on 09/04/2015 4:23:29 AM PDT by expat_panama

To: expat_panama

16 posted on 09/04/2015 6:02:56 AM PDT by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)

To: expat_panama

4%? oh heck that is low...

During the Clinton boom boom years ( Actually he had Reagan's tailwind in his spinnaker, but I digress ) their was a financial wonk that noted even quietly within and outside the admin their was talk we were actually growing at 5 to 6%.

Here is my blueprint for obtaining such growth.

* Repeal Dodd-Frank, Sarb-Ox, and all reforms since 98' and re-instate Glass Steegal.
* replace with a simple common sense finance law.
* 15% Flat Tax no deductions except for healthcare / insurance, 15% Dividends, 15% Cap Gains and 15% Business Tax with no deductions and 100% expense right off in the 1st year.
* Repeal Obamacare, replace w/ a HSA - direct primary care platform which could be utilized for the private sectoring of the VA, Medicaid or Medicare. Other details w/ this, but I will keep it brief.
* Combine EPA, DOE, & Interior. Downsize by 60%. 30 year review of all mandates and throw out non cost effective ones. Use the Rand Corp as the consultant to do that.

And that is for starters...

20 posted on 09/04/2015 6:18:28 AM PDT by taildragger (It's Cruz & Walker. Anything else is a Yugo with Racing Stripes....)

To: expat_panama

They get the definition of growth wrong.

Economic growth is the result of higher employment and higher worker productivity...

Economic growth is the outward shift of the production possibility boundary. You don't need higher employment or higher worker productivity to get there. What you do need is a free market system.

Total cost of federal regulations in 2012 was $2.028 trillion (in 2014 dollars). It's likely higher and note that's just federal regs and doesn't count state, county or local drags on growth. Get government back to pre-FDR levels and the US economy can grow faster than a 4% real growth rate.

34 posted on 09/04/2015 2:29:10 PM PDT by 1010RD (First, Do No Harm)

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