Higher taxes doesn't mean more government revenue either - we've seen that many times over.. and illustrated by many American companies paying lower taxes abroad - particularly in the Hi-tech industry... the likes of Apple, Google, Amazon et al....
Trickle down is more like the rich peeing on the poor (agreed) but the trickle gets less and less... that was my point on the broken social contract earlier in the thread.
^ Trump's interviews have indicated that is his aspiration (rebuilding the US infrastructure)... Proof will be in the pudding.
I wonder if Trump will go after Soros....
^ Trump's interviews have indicated that is his aspiration (rebuilding the US infrastructure)... Proof will be in the pudding.
Ironically HRC came up with that idea first. But then she stole some of his anti-trade stance
Who'd ever say that an elected American President will have the same treatment in American media like Serbs had in the 90s?
They paint him the same way, in ugliest possible colours, like they once did to Serbian nation and the pretty ones in US media
are again Clintons, Soros and select an American satanist, the very same people who made that mess in North Africa, Near East, Middle East and Middle Europe (Yugoslavia).
^not surprisingly I disagree
You might characterise it as not anti-trade, but in essence what he has campaigned on would be negative for global trade were he to actually implement such policy changes. Whether a pro-trade GOP would permit him to do it is another discussion of course.
To my way of thinking, what he is arguing against is based on a dated misunderstanding of how global trade actually works, and a first year student at university could easily set him straight. Yes, global trade has resulted in a huge number of jobs being lost in the United States, but no one ever talks about the industries that have replaced those old ones. I guarantee that if he and his team actually sit down and try to reverse the trends, i.e., get back the jobs that have been lost, it would not only be impossible, but as silly as trying to go back in time. These are mostly old industries, and lower value work, that an advanced economy like the United States is sensible to exit. The failure of government has not been the collateral damage of global trade, it's been an unwillingness to act and deal with the consequences of global trade. Sadly, some of the strongest advocates for global trade have been the most resistant to providing training, and intervening to support the creation of new industries to replace the old. This is one of the fundamental weaknesses of the hard free marketers... a complete lack of awareness of the human impact of policies that generally benefit the country at large, but adversely impact disparate communities. The market cannot fix every ill, and anyone who says so is lying. Trump will learn all of this anyway, I just hope we all don't have to suffer as he receives his crash course
I wonder if Trump will go after Soros....
Who'd ever say that an elected American President will have the same treatment in American media like Serbs had in the 90s?
They paint him the same way, in ugliest possible colours, like they once did to Serbian nation and the pretty ones in US media
are again Clintons, Soros and select an American satanist, the very same people who made that mess in North Africa, Near East, Middle East and Middle Europe (Yugoslavia).
Ironic, isn't it? Some people really reacted silly, as if DT would bring doomsday, without giving him a chance to prove himself. Even Oprah caught crap from others for telling everybody to "breathe, there is hope" after his first address to public and I highly doubt that she voted for him.
[QUOTE="teddytennisfan, post: 37655, member: 24"
those ARE what the NAZIS' studied and admired and THEN applied in europe.
I'm certainly on board with him re: Assad. I have a sneaky suspicion that not much will change in terms of trade etc. It's all very well saying America first, but when the facts are put in front of him he'll get to understand how limited the options are. As for spending on the military, I'm not sure how that matches up with cutting taxes. Supply siders have been conning the electorate for decades claiming that lower taxes will mean higher government revenue. Generally the numbers don't add up. Trickle down is more like, the rich peeing on the poor. They have a lower propensity to spend to start with, and restricting global trade will only disincentivise them from investing. He'll learn soon enough!
This is it in a nutshell. Trickle down hasn't worked in the past and it won't now. Who knows what that moron will do? He's still on Twitter railing out against people. What a fricking idiot.
additionally -=- tofederberg...
imo-- take yourself -- if YOU are a businessman in england -- and you worked so hard to create your business -- with BOTH local and foreign partners and markets for your goods, products and services --
YOU should be SHOULD be protected BY your government and people just like YOU SHOULD protect YOUR people among whom you thrive and represent as an english person ''selling" your business - which has , in part, a basis of the ''value" of your products and services BEING THAT IT IS AN ENGLISH product - to show ''look here folks -- an english product -- buy -- it's a good price and VERY good quality" --
GOVERNMENTS can come to an arrangement that in order to both protect their businesses while NOT harming ech other's businesses -- they can come up with ways to ENHANCE the business -- to make it easier to exchange goods and services -- and resources..human or natural resources...
and call it ''free and fair'' trading...but they have common rules across their borders that they all adhere to fairly. not one taking advantage of the other until the 'other' gets destroyed.
and its destroyed ''industries or businesses and markets" are replaced by MISERABLE ones...
in the USA -- the lost jobs and industries were replaced either with LOWER efficiency ones, or decrepit or bankrupt ones -- and jobs lost were replaced by ''part-time" low wage ''service" jobs whose REAL job is to ''save money" for the BANKERS..who won't invest in REAL good paying ''replacement industries"..
all they did was CARVE A HUGE HOLE into which the people AND businesses SANK
and then paved it over with a thin veneer and new 'flooring' of ''new jobs" paying very little - to people toworkers who can't afford to pay for the cost of living the BANKERS impose on them...
and this they call ''job creation and free trade|".
in other words -- the USA CREATED MILLIONS OFJOBS -- only they offshored them to china, asia, and any country that CAN afford to live a similar ''living standard" at HALF the cost in the USA.
BECAUSE that IS WHAT THE usa AND WALL STREET dictated things to be.
they took advantage of the 'comparative advantage of lower currency values" ELSEWHERE -- to make the 'dollar buy more than it is really worth" OUTSIDE of the country...
1 hour of labor paid by american corporations indirectly at 1 cent INSTED of the 1 dollar...
that could have been applied GLOBALLY so taht EVERY HUMAN BEING 's hour of labor - regardless -- is ONE DOLLAR WORTH.
win - win -- AS XI JINPING would say.
so when THAT TWISTED american system goes around the world -- having EXHAUSTED its search for ''the cheapest" labor and resources anywhere --
it COMES BACK to the USA AS lost jobs and wages and economic BLACK HOLE..
except the ''masters of the universe " are laughing all the way to THEIR BANK..who STARTED IT ALL - especially through the USA FEDERAL ''privte" bank schemes...of manipulating things .
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