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What is the difference between socialism and deficit spending to keep people employed?


peter45
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What is the difference between socialism and deficit spending to keep people employed?

 

The government is borrowing and spending $1trillion/year to keep the economy going.

$1trillion pays for 33 million jobs at $30,000/year salary.

If the deficit spending stopped, 1 in 5 people would lose their jobs.

We are in a recession, and we are spending borrowed dollars to keep people from selling apples on street corners.

What is the difference between now, and the 1930s?

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1 minute ago, LaughinAtLefty said:

Why limit it to that......got NAFTA?

Yup

If a medium sized company spent $50million to put up a new factory somewhere OTHER THAN AMERICA,

they are going to get a return on that investment.

A factory might last 30 - 50 years, assuming it makes a lower tech product, or uses lower tech equipment.

How much of a tariff is going to make them abandon that investment?

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8 minutes ago, peter45 said:

Yup

If a medium sized company spent $50million to put up a new factory somewhere OTHER THAN AMERICA,

they are going to get a return on that investment.

A factory might last 30 - 50 years, assuming it makes a lower tech product, or uses lower tech equipment.

How much of a tariff is going to make them abandon that investment?

And we tried like heck to give away what little remaining manufacturing we had with the TPP.

 

We're a consumer driven economy, unfortunately. People like to complain and point the finger about POTUS "x" and trade deals, yet the vast majority of those same people want their cheap crap from China and Mexico. Quite the oxymoron most of those sorts are oblivious to...Hindsight does show NAFTA was a major phuck up...in spite of many of us screaming NOOOOOOOO, don't do that!!!! Isolationists I believe was the popular slur for those of us wanting to protect/save American manufacturing and jobs. Silly us.

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33 minutes ago, peter45 said:

What is the difference between socialism and deficit spending to keep people employed?

 

The government is borrowing and spending $1trillion/year to keep the economy going.

$1trillion pays for 33 million jobs at $30,000/year salary.

If the deficit spending stopped, 1 in 5 people would lose their jobs.

We are in a recession, and we are spending borrowed dollars to keep people from selling apples on street corners.

threWhat is the difference between now, and the 1930s?

Thread -fail !!

You want the gov. to you give something that  you cannot provide for yourself !!

 

Go home...…(loser)…………..😎.

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1 minute ago, LaughinAtLefty said:

And we tried like heck to give away what little remaining manufacturing we had with the TPP.

 

We're a consumer driven economy, unfortunately. People like to complain and point the finger about POTUS "x" and trade deals, yet the vast majority of those same people want their cheap crap from China and Mexico. Quite the oxymoron most of those sorts are oblivious to...Hindsight does show NAFTA was a major phuck up...in spite of many of us screaming NOOOOOOOO!!!!

Years ago,

maybe many years,

they were interviewing low income shoppers at Kmart,

asking them about buying foreign made clothes, instead of American made.

The interviewer was honest and civil,

pointing out to the buyers that the American made clothes were made by people just like the low income buyers,

and stating that buying the foreign clothes MIGHT cause somebody to lose their job.

Virtually all the lower income buyers said;

SO WHAT.

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5 minutes ago, Taipan said:

Thread -fail !!

You want the gov. to you give something that  you cannot provide for yourself !!

 

Go home...…(loser)…………..😎.

The government,

YOUR GOVERNMENT,

TRUMP'S GOVERNMENT

IS ALREADY GIVING YOU YOUR JOB.

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10 minutes ago, peter45 said:

Years ago,

maybe many years,

they were interviewing low income shoppers at Kmart,

asking them about buying foreign made clothes, instead of American made.

The interviewer was honest and civil,

pointing out to the buyers that the American made clothes were made by people just like the low income buyers,

and stating that buying the foreign clothes MIGHT cause somebody to lose their job.

Virtually all the lower income buyers said;

SO WHAT.

 

OK.

Global capitalism.  Walmart =  China.  OK.

Let's work with that Paradigm.   

We are Libertarians.  Let's fight for freedom.   

 

Drugs.  The prices are too high.  Let's cut them......in half.  Who says we can't?

Let's fight for what is good upon the Earth !!                  😇🥃.

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