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Can A Deeply Unserious America Fix Its Economy? The Country Does Not Seem To Have The Political Will to Face Economic Reality
The Mises Institute ^ | 12/06/2022 | Jeff Deist

Posted on 12/06/2022 8:06:09 PM PST by SeekAndFind

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To: SeekAndFind

Everything is just fine....
https://twitter.com/Blackrussiantv/status/1600276044992299008


21 posted on 12/06/2022 9:19:31 PM PST by cranked
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To: BobL
Bull. Going from 40% to 41% lowers revenue. It is just common sense


22 posted on 12/06/2022 9:19:41 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Maybe, maybe not. You stated an ABSOLUTE, I shot it down with actual examples that any reasonable person cannot debunk.

But some respond in other ways when caught...


23 posted on 12/06/2022 9:25:32 PM PST by BobL (By the way, low tonight in Latvia: 24 degrees, burrr!!!)
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To: BobL

Caught at what? Lowering marginal tax rates results in increased federal revenue. FACT.


24 posted on 12/06/2022 9:56:03 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: SeekAndFind

Our political system is so deeply corrupted that it makes banana republics look good. It appears that a watering of the tree of liberty is the only repair remaining.


25 posted on 12/06/2022 10:05:29 PM PST by fella ("As it was before Noah so shall it be again,")
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To: SeekAndFind
"And WHO is the enemy to kill?"

"Let's start with the lawyers . . . " At least that's what Will said.

26 posted on 12/06/2022 10:15:23 PM PST by fella ("As it was before Noah so shall it be again,")
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To: SeekAndFind
Can A Deeply Unserious America Fix Its Economy? The Country Does Not Seem To Have The Political Will to Face Economic Reality

Well, we have never faced the horror of Keynesian Economics these multiple decades, so No, we never will until we stand before our graves.

27 posted on 12/06/2022 10:28:48 PM PST by higgmeister (In the Shadow of The Big Chicken!)
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To: SeekAndFind


the country is changing

but labor is not kaput

everything that can be done by robots will.

when will a robot install a whole house fan?

when will a robot help me move?

when will a robot remove the haze from the viewfinder of my very expensive camera?

but

when will a ivy plague graduate be trusted by 867V309?

never


28 posted on 12/07/2022 12:20:04 AM PST by 867V309 (Lock Her Up)
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To: dpetty121263

We’re done. Stick a fork in us.


29 posted on 12/07/2022 12:23:11 AM PST by MachIV
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To: SeekAndFind

If only the GOP had the presidency and a filibuster-proof Congress, they would implement all that and save our country. Elections will save us.

/sarc


30 posted on 12/07/2022 2:16:11 AM PST by ReaganGeneration2
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To: PGR88

“a woke government with a printing press will fund their political cronies and 1000 social-engineering schemes.

Fix that, and everything else conservatives desire will fall into place.”

Oh, i think we spent well before we were woke. The real problem is that we are a socialist country, and by God, you better gimme, gimme, gimme.

This problem is not fixable by the kind of men we have today. Today government “service” is about looting the treasury of printed money.

No this problem will only fix itself when there is nothing of value that government can give our fellow socialists, and no amount of taxes can be paid to satisfy the government appetite.

We are most of the way there. The misery will be epic. The conflicts seemingly unending, but everybody who survives will understand that not only are they broke, but any program or institution they expected to help them is also broke.

Will we become a more moral society? I suspect we may, after a hopefully brief but intense descent into the immorality of anarchy, starvation, and deprivation.

From such trauma emerges a resilient sel-reliant people.


31 posted on 12/07/2022 2:41:39 AM PST by RFEngineer
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To: RFEngineer

They will simply keep printing their way out of this, and the devalued dollars will continue to lead to a decrease in our standard of living. With each passing day, there are less and less “normal” Americans to resist this as they are replaced with Thirdworlders for whom this is still a step up (they have indoor plumbing, de facto “guaranteed basic income”, etc.).


32 posted on 12/07/2022 3:17:25 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Tolerance Sucks Rocks
Talk about an unserious president (JFK) for an unserious country …

I think it’s very telling that the U.S. embarked on this historic, seemingly transformational lunar program during a period in our history when the signs of cultural and moral dysfunction and disorder were becoming increasingly clear. It was not a coincidence.

33 posted on 12/07/2022 3:19:36 AM PST by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
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To: central_va

What evidence do you have to support your claim that tax rates of 40% and 41% are on the RIGHT side of your Laffer curve?


34 posted on 12/07/2022 3:23:33 AM PST by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
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To: SeekAndFind

The US is a shell of a nation.

Law enforcement is politicized and no longer protects the citizenry.

First Amendment - free speech suppressed, churches shut down by gov’t mandates, the press works with the FBI and federal gov’t

Second Amendment - under assault daily, constant erosion, only a matter of time

Fourth Amendment - no privacy in your online papers, home or travels. Gov’t tracks you and your bank account.

Fifth Amendment - US Citizens held without charges for nearly 3 years after Jan 6

Tenth Amendment - states rights eroded via dependency on federal dollars

Anyone who thinks this can be salvaged and restored is fooling themselves.


35 posted on 12/07/2022 3:24:05 AM PST by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: Erik Latranyi

Culture is dead.

No great art, music or cinema has been created. All have been politicized.

No great medical breakthroughs or scientific advances. All depend on gov’t funding and have been politicized.

Breakdown of the family unit, the foundation of gov’t and culture.

Devaluing human life, including children and political opponents.


36 posted on 12/07/2022 3:27:35 AM PST by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: Alberta's Child; central_va

The entire nation is a hollow shell and in total free fall and you two are debating if 40% or 41% tax rates increase revenue.

Enjoy yourselves.


37 posted on 12/07/2022 3:29:15 AM PST by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: Erik Latranyi
The entire nation is a hollow shell and in total free fall …

I don’t know about that. Things are pretty good in my neck of the woods.

38 posted on 12/07/2022 3:34:00 AM PST by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
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To: SeekAndFind

We’re no longer a republic.

If we don’t fix that FIRST, we’ll never fix anything again.


39 posted on 12/07/2022 3:54:57 AM PST by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
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To: SeekAndFind
In brief, restore the economic policies and international policies that brought us both the Great Depression and two World Wars.

I think I'll pass. The Federal Reserve has way too much power because we debased the currency by leaving the gold standard. This unconstitutionally gave the Fed complete control over the currency by setting interest rates. The politicians went along because the Fed allows them to spend like drunken sailors and they cream a percent of the bloated budget for themselves and their backers.

What we need is: a) a halt to all immigration; b) stiff tariffs on imported manufactured goods and re-capitalization of American manufacturing; c) massive anti-trust break-ups of the banks, airlines, cell phone companies, etc.; d) restoration of the division between banks and investment banks. Make the banks make money by investing in loans to businesses and not speculation on Wall Street; e) tie executive compensation to long-term company performance so they can't cash in by boosting profits temporarily by gutting a company's core competencies and walking away from a husk like GE and Boeing; f) give the US military the capability to deter any aggression by other great powers. Does anyone thing Russia would have attacked Ukraine if Trump had remained in office?

Above all, restore election integrity.

As someone called it, the agenda to Make America Great Again.

Short of a genuine revolution where most of the current political and business classes are lustrated, I seriously doubt any of this will happen.

40 posted on 12/07/2022 4:49:23 AM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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