Page 52 of 111 FirstFirst ... 242505152535462102 ... LastLast
Results 511 to 520 of 1106

Thread: Trumps: White Angry Middleclass

  1. #511
    Senior Member
    Join Date
    Dec 2010
    Location
    beyond the pale
    Posts
    2,738
    Quote Originally Posted by catherine View Post
    ... TIME Magazine's cover story is one about how the markets are choking the economy. The author says that the rules of the free-market system have been warped through an increase in "financialization" and the stifling of business and innovation.
    "Academic research shows that only a fraction of all the money washing around the financial markets these days actually makes it to Main Street businesses."

    So I don't care if you're a dyed-in-the-wool free market capitalist or a Democratic socialist, you have to acknowledge that this is a marker of ill financial health. I'm not concerned about the tanned billionaires or the size of their yachts or any other part of their fiscal anatomies, but I am concerned about the stopped up plumbing of our economy.
    +1 I've seen this in the MegaCorp. I work for, and it's amazing to watch the CEO be so terrified of what "the markets" are going to say about our quarterly numbers. The U.S. is a corpocracy and there are several thousand people on Wall Street who are managing the show - the rest of us only get to watch and wonder how to protect ourselves from the fallout.

  2. #512
    Senior Member
    Join Date
    Jan 2011
    Posts
    8,869
    Quote Originally Posted by catherine View Post
    Funny thing for a conservative to say. What are the fuel injectors? Rampant capitalism run amok? Or can the fuel injectors be the modulators that ensure capitalism serves its purpose? TIME Magazine's cover story is one about how the markets are choking the economy. The author says that the rules of the free-market system have been warped through an increase in "financialization" and the stifling of business and innovation.

    "Academic research shows that only a fraction of all the money washing around the financial markets these days actually makes it to Main Street businesses."

    So I don't care if you're a dyed-in-the-wool free market capitalist or a Democratic socialist, you have to acknowledge that this is a marker of ill financial health. I'm not concerned about the tanned billionaires or the size of their yachts or any other part of their fiscal anatomies, but I am concerned about the stopped up plumbing of our economy.
    All the liquidity sloshing around the markets is an artifact of governments struggling to keep interest rates low and currencies cheap.

    If anything is clogging the pipes of enterprise, it is absurd tax and regulatory regimes.

    Both the Trump and Sanders campaigns are stumping for the neomerchantilist solutions of the past. They only differ in their choice of scapegoats.

  3. #513
    Williamsmith
    Guest
    Quote Originally Posted by LDAHL View Post
    All the liquidity sloshing around the markets is an artifact of governments struggling to keep interest rates low and currencies cheap.

    If anything is clogging the pipes of enterprise, it is absurd tax and regulatory regimes.

    Both the Trump and Sanders campaigns are stumping for the neomerchantilist solutions of the past. They only differ in their choice of scapegoats.

    So free market Laissez-faire capitalism which is in many ways the opposite of merchantilism is the preferred method but one of the original tenants of Adam Smith and company is that citizens must keep reign on corporations because they naturally tend towards monopolizing markets. And that has been forgotten or conveniently discarded. As you say....regulatory regimes. Thus Trump.

  4. #514
    Senior Member
    Join Date
    Jan 2011
    Posts
    8,869
    Quote Originally Posted by Williamsmith View Post
    So free market Laissez-faire capitalism which is in many ways the opposite of merchantilism is the preferred method but one of the original tenants of Adam Smith and company is that citizens must keep reign on corporations because they naturally tend towards monopolizing markets. And that has been forgotten or conveniently discarded. As you say....regulatory regimes. Thus Trump.
    I don't think criticizing over-regulation is the same thing as arguing for no regulation at all.

    What Trump (and Sanders) seem to be arguing for is an opting out of competing in international markets for labor, capital, goods and services in favor of a sort of inward-looking economic nationalism.

  5. #515
    Williamsmith
    Guest
    Quote Originally Posted by LDAHL View Post
    I don't think criticizing over-regulation is the same thing as arguing for no regulation at all.

    What Trump (and Sanders) seem to be arguing for is an opting out of competing in international markets for labor, capital, goods and services in favor of a sort of inward-looking economic nationalism.
    I may be wrong, but what I am hearing is we are foolishly enabling the global international markets to have unfair advantages; that these agreements have allowed our labor force to be undermined by cheap outsourced in some instances slave/child labor, currency manipulation and poor quality goods forced down our throats. I don't hear....opt out. I hear, quit being stupid and demand fair trade practices. 94 million unemployed people is either a potential workforce or a potential revolution. Take your pick.

  6. #516
    Williamsmith
    Guest
    About 24 years ago, this......



    Today he may qualify as a gull dang genius.

  7. #517
    Senior Member Ultralight's Avatar
    Join Date
    Jul 2015
    Posts
    10,216
    Quote Originally Posted by Williamsmith View Post
    About 24 years ago, this......



    Today he may qualify as a gull dang genius.

    I often think about how Perot was kinda spot on about a few things.

  8. #518
    Williamsmith
    Guest
    Would a Donald Trump/ Rand Paul ticket change anybody's mind? Maybe Ron Paul?

  9. #519
    Senior Member iris lilies's Avatar
    Join Date
    Mar 2013
    Location
    Always logged in
    Posts
    27,794
    Quote Originally Posted by Williamsmith View Post
    Would a Donald Trump/ Rand Paul ticket change anybody's mind? Maybe Ron Paul?
    Whoah. My first thought is "keep Rand away from the cesspool" but on secnd thought, maybe.Its a gamble. I,dnthnk Trump, if elected, will serve even 4 years.

  10. #520
    Senior Member
    Join Date
    Jan 2011
    Location
    Boston, MA
    Posts
    2,175
    Quote Originally Posted by iris lilies View Post
    Whoah. My first thought is "keep Rand away from the cesspool" but on secnd thought, maybe.Its a gamble. I,dnthnk Trump, if elected, will serve even 4 years.
    I've thought that myself - one of the perks as President is enduring an entire term of criticism and abuse no matter what you do. And that's not a role Trump seems to tolerate very well.

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •