Posted on 09/14/2007 7:22:12 AM PDT by Robert Drobot
Plus Toyota, Nissan, and others are still building new plants in the USA.
If we want to improve the already good economy we need only to let a free market work. Get rid of onerous government regulations, labor unions, limit liability awards, adopt the NRST and stop punishing success and awarding failure.
Economically illiterate foolishness like this caused the Great Depression to be much more severe and last much longer than it would have if government had not meddled.
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True, but some things can be done in a way that at least gives America a little parity. Presently we are taking it in the shorts from countries like Japan, et al. There are things we could do to command a little two-way respect in the trade world — and we don’t. I don’t even have to mention China....
This is one of the most comprehensive analysis’s of why our economy is tanking.
I have said all along that outsourcing production offshore and illegal immigration were destroying our economic base.
And government statistics are very misleading as to where the real wealth and productivity are being created.
All but the ambrosial nectar of Kona, Hawaii. This is the best coffee to be had at any price. It is the only coffee served at the White House.
Make sure you get the "100% Kona", not anything labeled "Kona Blend". If you are paying less than $20 per pound, it's probably not 100% Kona. It is viciously expensive, and worth every penny.
-ccm
"ECONOMIC PUNDITS HAVE CORRECTLY PREDICTED 35 OUT OF THE LAST 3 RECESSIONS"
Even a broken clock is right twice a day.
You’re quibbling - getting goods from Hawaii is “importing to the mainland” :)
Where do you find 100% Kona ?
You want our economy to be like the rest of the world? Which part of those economies do you prefer the most: high unemployment, stagnant GDP, deflation, high inflation, declining household wealth, confiscatory tax rates or nanny state entitlements? Protectionism can provide all those for you in short order.
If it ain't cash in a bank it don't count. This guy sounds like a clone of a co worker I knew in the 1980's. It was only a matter of MINUTES before ALL the financial mkts on the planet came crashing down. He would show me article after article in some obscure publications, some of which carried pretty heavy advertising for hard assets such as gold, platinum and the like. I did point this out to him once but it sailed right over his head.
Then please share with us where the real wealth and productivity are being created.
I tend to point at legislators for the failures. It’s an easy enough target. But the courts have a share in the blame as well.
The irrational and generally anti-human environment movements have been catered to by our courts on far too many issues.
I live in oil country in central California. It’s almost impossible for a field to be exploited due to constant legal actions by leftardic rantochanters and other forms of idiot envirotards.
Eventually, we’ll have another civil war. We’re due one. Imo, that’s the only way possible to fix the ills plaguing our current system.
Hopefully, it’ll be after I pass on. I’m too feeble to be of any use and too obstinate to sit out a fight.
Just another "I hate America!!" rant from a lefty.
There is a higher order group of common interests. That’s a way of saying that the powers that be aren’t actually working together to stymie economic development but the collective effect of their individual actions is just about equivalent to that. Legislators and jurists aren’t actually doing this on their own but are being useful and possibly unwitting tools.
Some are actual activists themselves.
I tend toward pointing at the legislators most prominently because it is poorly conceived and badly written laws that allow the courts to be manipulated by either agenda driven suitors or activist judges.
Not only is he a gloom and doomer, he is also just another WTC conspiracy nut. here is the proof:
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Former Reagan Treasury Secretary Questions Twin Towers Collapse
Paul Joseph Watson/Prison Planet.com | February 8 2006
A former Wall Street Journal editor and a man credited with the success of ‘Reaganomics’ has finally broken ranks and brought into question the unexplained collapse of the twin towers and WTC building 7.
Former Assistant of the Treasury in the Reagan administration Paul Craig Roberts questions why it is largely accepted that the Bush administration lied about Iraqi weapons of mass destruction and yet many still believe they told the truth about 9/11.
http://www.prisonplanet.com/articles/february2006/080206towerscollapse.htm
Lucky me. I’m immune because I know squat all about economics and have about as much respect for the field as I do for Louisiana style voodoo priestesses.
Uh, no they don’t. Instead of spending, they invest. Offshore.
Investing is a form of spending.............at least that’s what the Dhimmicratz say..........
There would have been a Communist revolution in the United States if the New Deal hadn't been tried. People were hungry and needed hope, and the various communist parties around at the time were growing in numbers as a result. FDR saved America from going Red.
And in the end it was government spending (in the form of World War II), not capitalism, that ended the Depression.
Protectionist drivel.
I know.
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