Well, for what it is worth, economists write in a vacuum...economies never operate in such. Last I checked China was doing fine. Russia wasn't doing to bad either...That being said, we aren't anywhere close to being a communist state, let along a Socialistic. We certainly have had moments where we have had Nationalistic interventions, but that has always been true in times of crisis (i.e. WWII, Great Depression, etc.) so I don't think that we can read too much into that...

SMGBobbyScott wrote:

Elitist, out of touch, I’ve got mine and to hell with everyone else.
.....

Brewha wrote:

Yep, its called corporate welfare... [sarcasm]

SMGBobbyScott wrote:

Let's end all welfare.

🇨🇮

Stinkdyr wrote:

I am convinced that the majority (2 out of 3) of American households are now getting some sort of Government check twice a month whether a subsidy, entitlement, or pension... Slice it dice it or justify it anyway you want but how many of these "fists raised in indignant anger because I've earned it" folks would walk away from these payoffs even though they are being provided by by a bankrupt Government printing monopoly greenbacks?

bloody spaniard wrote:

I was on SS disabilty for about a year...... I'm sorry.... 😞

DrafterX wrote:

Thank the Politican-Gods we don't live in the bad old days when people needed to make their own $, save their own $ for a rainy day, and provide for their own retirements.....with gold or a currency that would actually retain some purchasing power.

But hey, I've got this cool new plastic 4G phone gadget thingy.........so I've got that going for me.

🍺

Stinkdyr wrote:

:-k

Writing in vacuums...economies operating...:-k


Lemme see...


China has manipulated their currency and was most likely responsible for the US going off the Gold Standard...check

Russia...filed for an effective "bankruptcy" and was allowed to reunify all the "good" parts and quash the "bad" ones into submission...check

Of course we don't live in a nation where they give paychecks, food, takeover private manufacturing companies that shred stock/bondholder's equity, create "jobs" and manipulate the data for re-election purposes with so many variations that it looks like a prism they have to use so many colors, bailout Wall Street executives so they can continue to receive MASSIVE bonuses even though their crimes helped rob Americans from investments and equity in their own homes...check


Yeah, I see exactly what you mean.

I just happen to subscribe to Reality!

DrMaddVibe wrote:

China manipulating their currency....Yep, I have to agree (but they learned it from the best...that would be US) Oh and by the way...we continue to do it through the Great Recession (something they/China has been whining about...screw them)

Russia...also agree to an extent but they were always artificially holding up the satellite countries economically so their current state more represents reality.

Don't get me started about Wall Street, but here unfortunately both parties are in bed with each other and the deregulation sponsored by Newt/Clinton back in the late nineties needs to be repealed in its entirety and most of the big banks need to be broken up. The idea of "too big to fail" needs to be removed from the lexicon.

Lastly, and I say this with a bit of trepidation, when someone says they "subscribe to Reality!", I shudder...the idea that any single person has that much information, that they have all the answers, that they can fix all the worlds ills, and that they alone have THE KNOWLEDGE of the world's situation is insulting and narcissistic. There are nearly 7 billion perspectives on this Earth and I doubt your brain can fathom them all...

I for one can provide a perspective and try to empathize with others...if I am successful at that, I consider it a good day 😣

SMGBobbyScott wrote:

Yep, its called corporate welfare... [sarcasm]

SMGBobbyScott wrote:

OK, I tend to be a tad mean-spirited but I think its far better to give corporations a break (so long as the jobs they create remain stateside) than subsidize generation upon generation of dysfunctional, exponentially breeding sociopaths.

DadZilla3 wrote: