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Yup. Many American fortunes have been built upon that foundation...Investing in a third world dictatorship is always a good idea.![]()
Fidel was a pall bearer at Pierre's funeral.
Don't take this as my being for socialist managed economies. Government has some role in managing economies but like most things extreme solutions usually have their own issues. Capitalist economies are very efficient and competition keeps prices down.
But don't complain when corporations go to lesser-developed countries searching for lower labour costs. Their profits are funneled into many retirement plans. Major stakeholders are typically mutual funds and retirement plan managers. And don't blame it on any one man. The Canada/US Free Trade agreement was negotiated by Ronal Reagan and Brian Mulroney. Conservative politicians. Many conservative politicians are capitalist free traders and like globalized free trade.
Much of this is driven by want not need. We want big screen TVs and 8-cylinder trucks. We don't need them. If folk lived simpler lives they could get by on a lot less, need lower salaries and keep jobs in our own countries. Fiscal austerity is not just for governments. the people should act in a similar fashion.
Socialist policies are best kept in health, welfare (including old age pensions and child benefits) and education. Let capitalism for the most part run the economy and siphon off the profits via taxation to support social programs.
Investing in a third world dictatorship is always a good idea.![]()
For there will never cease to be poor in the land. Therefore I command you, ‘You shall open wide your hand to your brother, to the needy and to the poor, in your land.’
Deuteronomy 15:11
Is that anything like Uranium 2:35?
Alan Krueger, Princeton economist and former chairman of Obama’s Council of Economic Advisers, just released a study with fellow Princeton economist Lawrence Katz.
They report that 94 percent of all new jobs created under Obama were part-time. In essence, Obama created an economy good only for illegal aliens. Obama’s Labor Department reported that employment gains for women over the past decade benefited mostly “foreign born women.”
Obama’s Labor Department showed that women gained 1 million net jobs in the past decade, but “native born women” experienced net job losses.
Gump's on a roll.
I think the most misleading statistic used by those who suggest the last eight years helped the economy is the Unemployment Rate, supposedly now at 4.7%. The dirty little secret is this only counts those listed as actively seeking employment to qualify for unemployment benefits. It has almost nothing to do with how many people are or are not working.
The key fact is that the Labor Participation Rate under Pres. Obama hit the lowest its been since women started entering the workforce in high numbers in the 1970s. In other words, less people have jobs under Pres. Obama than at any time during the past two generations! Combine that fact with the fact that he is the first president in modern times not to ever have a year in which GDP grew by more than 2% shows what an economic disaster the last eight years have been.
Ok so there is a lot of propaganda on both sides of this issue. How do you find the truth?
Experience. I've never had it so good...family jobs, business, healthcare, motorcycles, big house, cash. It's a great economy.
That's a sad commentary right there. Castro was responsible for thousands of deaths after the "revolution." He even pulled the trigger a few times.
Ok so there is a lot of propaganda on both sides of this issue. How do you find the truth?
Experience. I've never had it so good...family jobs, business, healthcare, motorcycles, big house, cash. It's a great economy.
I personally know 200 people that were downsized.
That's just it though. It really just depends on your location, but most areas of the us are thriving.
Let the poor beg on the doorsteps of the Church and on the porches of the bleeding hearts..
You will end up with fewer "poor" and fewer por favor?"
"Those countries rated as best to live in typically have high levels of socialism. The worst have zero social policies and starvation. The middle road is the best way."
Those ratings are devised by Socialists to support Socialism.
As long as you are free to choose a restaurant they control and select from a menu they approve of, that is declared as "liberty..."
Just as my understanding is of a limited geographical location, I reckon yours is t oh oh.
Perhaps but everyone I know in Florida, Nevada, California, Maryland, Oregon and Washington is thriving...hundreds of friends and family. Also Arizona and Utah...that's a pretty large diverse cross section of the USA?
That's just plain inhumane! 45 million Americans live below the poverty line. That's enough to elect any president or politician who panders to their needs. Enough to overwhelm the US Army if organized.
Tell that to the Danes, Swedes, Irish, Canadians, and Dutch!
We are not talking about full blown communism here. We are talking about modern socialist democracies and social democracies.