jobs go BOOM.......Thx StrongHorse Trump
- Thread starter SyKoKo
- Start date
hashtag46
Literotica Guru
- Joined
- Jan 1, 2017
- Posts
- 3,694
Come on… I might not be uptodate regarding american politics, but I still find it hard to believe that he waved his magic wand and things happened just like that.
He might have implemented some good policies and people's confidence could have improved too, but it must also be due to some trickle effect somewhere.
Such things don't happen overnight.
4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
As I have consistently pointed out from the Austrian perspective, economies are not dominated by money supply, interest rates and mathematical formula. They are dominated by Human Action. In the case of our last administration, those with Capital were sitting on the sidelines because they did not trust the bright minds of the Capitol.
Now, we are seeing the results of human nature when they more trust the business acumen and experience of the new administration. With trust in the Capitol, we see that they are more confident in directing Capital towards growth. There is one major barrier here, the incompetence of the Congress, their tendency to stall out, sell out and cave to the press of the Left. This failure of nerve and action could quickly sideline growth and return us to growth that does not meet the needs of population growth, a stagnation of underperforming numbers (which the Left keeps pointing to as proof positive that they had the magic formula for growing our economy).
hashtag46
Literotica Guru
- Joined
- Jan 1, 2017
- Posts
- 3,694
Miles
Loves Spam
- Joined
- Mar 6, 2017
- Posts
- 431
As I have consistently pointed out from the Austrian perspective, economies are not dominated by money supply, interest rates and mathematical formula. They are dominated by Human Action. In the case of our last administration, those with Capital were sitting on the sidelines because they did not trust the bright minds of the Capitol.
Now, we are seeing the results of human nature when they more trust the business acumen and experience of the new administration. With trust in the Capitol, we see that they are more confident in directing Capital towards growth. There is one major barrier here, the incompetence of the Congress, their tendency to stall out, sell out and cave to the press of the Left. This failure of nerve and action could quickly sideline growth and return us to growth that does not meet the needs of population growth, a stagnation of underperforming numbers (which the Left keeps pointing to as proof positive that they had the magic formula for growing our economy).
Sensei in to set his little dummy padwan straight, like clockwork...lol
Rightguide
Prof Triggernometry
- Joined
- Feb 7, 2017
- Posts
- 67,357
It's the lack of knowledge regarding "Human Action" that brings failure to most liberal social and economic policy.
hashtag46
Literotica Guru
- Joined
- Jan 1, 2017
- Posts
- 3,694
Quote from the article:
"certain domestic manufacturers could benefit -- at least in the short term -- from his efforts to raise barriers to imports"
If it's true as opposed to bullshit propaganda (when in fact the 0.01% will end up benefitting) that would look to me as a patriotic thing to do.
I was shocked by the changes that I saw when I visitted the States after almost a decades. All those impoverished small towns which were previously doing well with local manufacturing jobs and so on… Not sure if that was due to the trickle down effect of the 2008 crash and inevitable effect of globalization, or due to presidents' policies.
But they all are versed at image management. It all looks too good to be true.
"certain domestic manufacturers could benefit -- at least in the short term -- from his efforts to raise barriers to imports"
If it's true as opposed to bullshit propaganda (when in fact the 0.01% will end up benefitting) that would look to me as a patriotic thing to do.
I was shocked by the changes that I saw when I visitted the States after almost a decades. All those impoverished small towns which were previously doing well with local manufacturing jobs and so on… Not sure if that was due to the trickle down effect of the 2008 crash and inevitable effect of globalization, or due to presidents' policies.
But they all are versed at image management. It all looks too good to be true.
4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
It is very hard to write a Calculus to predict human nature. The only person who ever did it was fictitious (Hari Seldon The foundation Trilogy) and his plan needed constant tweaking and correction.
4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
The main reason for the death of small-town America is brain drain. Now that the paradigm is that you must go to college (or you are a deplorable) then the elite colleges scour the country for the brightest minds. When they pull those minds out of the red states, they tend to never return, but to migrate to blue enclaves where their specialized education can be put to use.
Excellent examination of this:
http://www.americanthinker.com/arti...dependency_in_republicandominated_states.html
Nobody, but nobody benefits from trade barriers. All it does is raise prices and eats away at the tax base of the nation that employs them. Trump's point is that we have to fight fire with fire, but I humbly submit that one must take more distanced view. One, our competitors are doing themselves in for near and fleeting gain. If we look a bit to the event horizon, very soon we will be destroying their people-based manufacturing base with our robotized manufacturing base, which require a more traditional (deplorable) work force to maintain it whose education lies more along the VoTech training.
One of the best and most lay-friendly reads on trade barriers is Bastiat's Sophisms of the Protectionists which was written in the 1850s.
