economic double standard

Discussion in 'Politics' started by DCortez, Aug 1, 2009.

  1. DCortez

    DCortez TGT Addict

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  2. Jeff B

    Jeff B Active Member

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    Despite all of the propaganda being "reported" by the MSM (and CNBC), it ain't over, and I don't believe that we have started to "recover". If anything this is one of the gyrations that we'll periodically go through, just as they did for the decade of the last depression.

    The fed.gov is banking on the CFC program to "jumpstart" the auto industry and consumer economy. The only thing they are doing is clearing some of the excess inventory off the lots and helping some unfortunates that just needed a new car or enabling fools that haven't figured out that living in debt is part of the old economy. That and spending another butt load of money that we are borrowing from the Chinese and the Federal Reserve (who prints it on demand to buy debt).

    Imports and exports (trade) is in the tank, inventories are down and not being increased, un-employment continues to grow (the rate of increase slowed, Hooray, progress!), the GDP is still shrinking and credit is tight. Real estate is not going anywhere, and there is significant speculation that the commercial real estate sector if the next shoe to drop when it implodes.

    Watch the TV news, they'll tell you "Don't worry, be happy"!

    Jeff B.
     
  3. oldguy

    oldguy Well-Known

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    Unless we restart our manufacturing base stop outsourcing and bleeding money with nation building long term it won't change while short term increases will be seen it will be temporary, a consumer based society with increasing population of poor just will not work.
     
  4. DCortez

    DCortez TGT Addict

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    Government needs to get out of the governing business. Provide for the basic and leave the rest to the "free" people.


    The government is best which governs least -- Jefferson
     
  5. oldguy

    oldguy Well-Known

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    Your dead on but if we remain a non-manufacturing consumer based society only jobs will be government,think Russia before its fall.
     
  6. DCortez

    DCortez TGT Addict

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    I'm all for America retaking the lead on every front.
     
  7. slammr

    slammr Member

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    Amen, brother. I'm in computer software industry and I've been saying the same thing for years; watched thousands of American jobs disappear. Now we are reaping what has been sowed. CEO's and politicians still don't get it.
     
  8. country_boy

    country_boy TGT Addict

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    Seems there are a lot of double standards when it comes to liberals.
     
  9. Okierifleman

    Okierifleman Active Member

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    There are a lot of double standards in both liberals and conservatives, its called WASHINGTON!

    They are lying if there mouth is moving.
     
  10. Texas42

    Texas42 TGT Addict

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    There is the "conservative" politician when he is giving a speech to his constituents, and that same "conservative" politician will increase the size and power of government to give his constituents a "bigger peice of the pie."



    As to manufactoring, is it simply a question of supply and demand.

    You can't pay American workers 60-80 dollars an hour and hope to compete with chinese workers who make 10-15 dollars an hour. That isn't even talking about unions or environmental controls that we have that other countries don't.

    The American worker is the most productive worker in the world, but we still can't work against all that. businesses gravitate to sectors that they have the most advantage.
     

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