Posted on 10/27/2015 3:57:53 AM PDT by expat_panama
This is what it boils down to, an extreme left wing class warfare against employers and markets.
Forming corporations is how most economic activity and hiring is done in the U.S.. The goal of National Socialism was the Democrat/union goal to find a 'third way' between so-called 'capitalism' and Marxism. While there is no sane way to blame the Holocaust on shareholders, the left persists, and historically ever since the Hitler/Stalin socialist pact began the bloodshed and then fell apart, the extreme left have been somehow trying to place this blame on shareholders wanting to restrain Washington.
Reality is that it's the left-wingers who say they represent workers who end up changing the name of their Socialist Workers Party to the National Socialist Party.
Free trade is a good thing but what the USA has embarked on in the last 25 years is not free trade its stupid trade.
Interesting; could you please share what kind of trade policy should have been enforced since 1991 that would have changed ‘stupid’ to ‘free’?
Press Release
Release Date: October 28, 2015
For immediate release
Information received since the Federal Open Market Committee met in September suggests that economic activity has been expanding at a moderate pace. Household spending and business fixed investment have been increasing at solid rates in recent months, and the housing sector has improved further; however, net exports have been soft. The pace of job gains slowed and the unemployment rate held steady. Nonetheless, labor market indicators, on balance, show that underutilization of labor resources has diminished since early this year. Inflation has continued to run below the Committee’s longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation moved slightly lower; survey-based measures of longer-term inflation expectations have remained stable.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators continuing to move toward levels the Committee judges consistent with its dual mandate. The Committee continues to see the risks to the outlook for economic activity and the labor market as nearly balanced but is monitoring global economic and financial developments. Inflation is anticipated to remain near its recent low level in the near term but the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further and the transitory effects of declines in energy and import prices dissipate. The Committee continues to monitor inflation developments closely.
To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate. In determining whether it will be appropriate to raise the target range at its next meeting, the Committee will assess progress—both realized and expected—toward its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.
The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. This policy, by keeping the Committee’s holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.
When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent. The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.
Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; Charles L. Evans; Stanley Fischer; Dennis P. Lockhart; Jerome H. Powell; Daniel K. Tarullo; and John C. Williams. Voting against the action was Jeffrey M. Lacker, who preferred to raise the target range for the federal funds rate by 25 basis points at this meeting.
If you don’t mind my saying so, you take yourself a little too seriously.
I seriously don't mind.
They sure used a lot of words to say that. Nice rally tho.
It could be freer, but by implication “stupid trade” implies that there is some central authority, some central planner, some politician who is smarter than the marketplace. Not true and never was.
Your entire scheme rests on the wholly disproven and historically false idea that somewhere there are a group of angels willing to govern the affairs of men. Your tariffs are just an opportunity for more graft and corruption. No thanks.
You cannot ever escape the marketplace. It is always there, despite government efforts. Learn to compete and win, regardless.
Secondly, you cling to the utterly false belief in a “trade deficit”. Unless the buyer has stolen the product or service there cannot be any deficit. The trade is complete.
Here are the steps in trade:
1. You buy from your grocer. Deficit? No, you paid the price offered.
2. Your grocer bought from the wholesaler. Deficit? No, he paid the price offered.
3. The wholesaler bought it from the farmer. Deficit? No, he paid the price offered.
Suddenly, the farmer turns out to not be a domestic, but a foreign farmer. Now there’s a deficit? Absolutely not and to believe so is both a lie and foolishness as I’ve proven above.
Either you are sincere and in your sincerity cannot admit the truth or you are a troll. No matter what you are undone. CNN suffers from the same or similar disease.
Bring back jobs to America.
Don’t know how more simple it can be.
American jobs.
How would you “simply” bring back jobs to America? Let’s talk policy, my dear trolls.
You are a troll for globalism.
It is all you ever advocate.
Bring back American jobs.
By definition a troll is a poster who cannot express a complete thought or pushes a liberal line of reasoning as if it were reasonable.
Both apply to you. Now what’s your policy, specific policy to “bring back American jobs”?
You will never post it because you’re not real, you’re a fake who in a decade as a registered FReeper pseudonym cannot learn and will not post your actual solutions.
You are a globalist troll.
It is all you ever post about.
Bring back jobs to America.
Maybe you forgot how to read, along with forgetting your specific solutions on how to bring those jobs back. That’s another sign of trolling. I’ll repost for you:
By definition a troll is a poster who cannot express a complete thought or pushes a liberal line of reasoning as if it were reasonable.
Both apply to you. Now what’s your policy, specific policy to “bring back American jobs�
You will never post it because you’re not real, you’re a fake who in a decade as a registered FReeper pseudonym cannot learn and will not post your actual solutions.
Any FReeper can search for your postings by “CringingNegativismNe” and know that you’ve never posted a solution since the very first, back when you started working for Clinton’s troll Trump.
You are incorrect, and a troll.
I have posted my ideas for bringing back American jobs. Several times.
You just keep on blindly advocating for globalizing ever more of what used to be America’s economy.
Both parties have been busy selling out America’s future. Donald Trump alone among all candidates, seems focused on bringing back jobs to the US.
That is why I am (strongly) for Trump. He is for American jobs.
Which is why, he is so popular.
Nobody else seems to get that.
I won’t simply keep on arguing back and forth with you, but I wanted to point out you are for selling out this country.
Both parties have been selling out America for over one entire generation. Both parties.
Trump is saying it is time, to rebuild right here.
Trump is right.
What will you do to "bring back American jobs", just give us three major policies?
To All: simply search under "Cringingnegativismne" and see that it has never given any specific policy answers ever in ten years. It' is as fake as a CNN broadcast.
I’m just responding to posts, which are likewise.
Bring back American jobs.
That is simplicity itself. American jobs.
Excellent post. CNN will never answer, but will fade out of the discussion only to return with a new article or post.
Never ever give your policy proscriptions is what trolls do.
Search under Cringingnegativismne just go ahead and paste it. No policy answers ever. Its entire goal is to undermine economic liberty and the only party that stands for it.
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