The truth about the state of the economy - Page 3 - PeachParts Mercedes-Benz Forum

luvrpgrl · #31 08-30-2005, 04:52 PM

Quote:

Originally Posted by GottaDiesel

Ok, then have it your way. Japan has had no impact on our economy. Nor has China.

Dam, if only you people would look at WHO is buying our strategic assets and our debt. But I guess it is easy to just parrot what you hear Bush and Co. say than to become educated on world economies and geo-political view-points.

Ya know, I really truly just dont get it still. In spite of the fact that I have seen it going on for quite a long time and quite consistently now, it still amazes and perplexes me. It gets me literally scratching my head. How you guys get from point A to point B is beyond me.

Nobody said that Japan and China dont have an impact on us. And why do you guys assume that just because we may believe the same thing the administration does, that automatically means we are parroting them? The administration REFLECTS US, not the other way around. WE voted them in because WE BELIEVE those things, even prior to Bush being elected.

MM and I have the same basic opinion on this stuff, but we came to those conclusions seperately, just because two people have the same opinion on something automatically means one is parroting the other?? who is parroting whom here? me or MM??

Talk about knee jerk reactions.

luvrpgrl · #32 08-30-2005, 04:57 PM

Quote:

Originally Posted by DieselAddict

Didn't you read the article of this thread? Japan does own the biggest percentage of the US debt. And what are the most popular cars in the US? Yep, it's Toyota and Honda. Japan doesn't own the US, but it's probably the largest stock holder if you wanna look at it that way. You better put that shirt back on.

.

me thinks you need to go back and read, I never put the shirt on. I also never claimed Japan doesnt owe a large chunk of US, but it never came close to what the naysayers were claiming, THATS MY POINT.

Quote:

Originally Posted by DieselAddict

I realize the benefit of having a stable, democratic Iraq, but I don't see that happening any time soon. All I was saying is that the war is a massive drain on the economy and I'm sure the economy would be better off if this war never started.

I think you're buying into the republican tax cut propaganda too much. Tax cuts are a double edge sword. I agree that they tend to stimulate economic activity, but they also tend to increase the budget deficit, especially when accompanied by reckless spending.

We could get spending down if the Democrats had less control. Even with the bills signed by Bush, your top guys (Kennedy, Jackson, etc )complained it wasnt enough. Bush only does those things to appease middle of the road Dems.

final note about that shirt, I think its closer to your size than mine.

matt7531 · #33 08-30-2005, 05:50 PM

Quote:

Originally Posted by luvrpgrl

me thinks you need to go back and read, I never put the shirt on. I also never claimed Japan doesnt owe a large chunk of US, but it never came close to what the naysayers were claiming, THATS MY POINT.

We could get spending down if the Democrats had less control. Even with the bills signed by Bush, your top guys (Kennedy, Jackson, etc )complained it wasnt enough. Bush only does those things to appease middle of the road Dems.

final note about that shirt, I think its closer to your size than mine.

......BS

matt7531 · #34 08-30-2005, 05:51 PM

All you rightwingers better start rethinking your "the economy is great" arguments. Katrina is going to put the economy right down the toilet.

mikemover · #35 08-30-2005, 06:06 PM

Quote:

Originally Posted by matt7531

All you rightwingers better start rethinking your "the economy is great" arguments. Katrina is going to put the economy right down the toilet.

Thank you once again, Kirk, for stating the glaringly obvious.

It's only the biggest natural disaster the US has seen it decades, after all.... So how long did it take you to figure out that it's going to have a negative impact on the economy?

I think "down the toilet" is quite a bit over-dramatic (but then again, you're famous for your "the sky is falling" routine), but it is going to drag us down for a while, that much is certain.

Mike

mikemover · #36 08-30-2005, 06:17 PM

Quote:

Originally Posted by DieselAddict

I think you're buying into the republican tax cut propaganda too much. Tax cuts are a double edge sword. I agree that they tend to stimulate economic activity, but they also tend to increase the budget deficit, especially when accompanied by reckless spending.

I'm not "buying into" ANYTHING, "republican propaganda" or otherwise... It's quite thoroughly historically proven that tax cuts always stimulate the economy.

In spite of what you apparently think, I have PLENTY of gripes with the current administration, and outrageous government spending is one of them. But they are hardly alone in this endeavor.... Democrats and Republicans alike are in a spending-frenzy, with no end in sight, on special interests, pork-barrel pet projects, entitlement spending, wasteful, inefficient, dead-end social programs, etc.....

THAT is going to be our economic downfall, NOT Bush's miniscule tax cuts, or the expenses relating to Iraq.

I've always held the very libertarian view that it's MY money, I earned it, I should be allowed to keep it and use it as I see fit.

The federal government should be in the business of providing national defense/border protection, and administrating our basic infrastructure (interstate highways, printing currency, minimal regulation of essentials such as water supply, electricity, and such), and NOTHING else.

"Republican propaganda" has NOTHING to do with my belief in this principle.

Mike

H2O2 · #37 08-30-2005, 07:38 PM

...oops, you forgot expanding and defending the scope and scale of our imperial reach. Gotta pay for that somehow.

mikemover · #38 08-30-2005, 09:04 PM

Quote:

Originally Posted by H2O2

...oops, you forgot expanding and defending the scope and scale of our imperial reach. Gotta pay for that somehow.

Actually, no.... I did not forget anything.

Mike

H2O2 · #39 08-30-2005, 09:38 PM

Ok then, you can thank me for properly amending YOUR list. Remember, you supported this turkey, so at least incorporate it into your highly selective "roles and responsibilities" of the fed--you can't support expanding our imperialist (over)reach while not paying for it somehow.

Palangi · #40 08-30-2005, 10:27 PM

Quote:

Originally Posted by matt7531

Katrina is going to put the economy right down the toilet.

Bad news for America

Good news for Kirk

So, what else is new??

SS-DD

Honus · #41 08-30-2005, 10:59 PM

Quote:

Originally Posted by H2O2

Ok then, you can thank me for properly amending YOUR list. Remember, you supported this turkey, so at least incorporate it into your highly selective "roles and responsibilities" of the fed--you can't support expanding our imperialist (over)reach while not paying for it somehow.

There does appear to be an inconsistency in mikemover's approach.

Honus · #42 08-30-2005, 11:02 PM

Quote:

Originally Posted by mikemover

...The federal government should be in the business of providing national defense/border protection, and administrating our basic infrastructure (interstate highways, printing currency, minimal regulation of essentials such as water supply, electricity, and such), and NOTHING else...

So, you are OK with 6-year-old boys working in coal mines? If not, who do you think will stop that from happening?

And no environmental regulation? Doesn't seem like very good business to me.

Botnst · #43 08-31-2005, 12:04 AM

Quote:

Originally Posted by Palangi

Bad news for America

Good news for Kirk

So, what else is new??

SS-DD

Clearly.

Bot

luvrpgrl · #44 08-31-2005, 12:18 AM

Quote:

Originally Posted by mikemover

I'm not "buying into" ANYTHING, "republican propaganda" or otherwise... It's quite thoroughly historically proven that tax cuts always stimulate the economy.

In spite of what you apparently think, I have PLENTY of gripes with the current administration, and outrageous government spending is one of them. But they are hardly alone in this endeavor.... Democrats and Republicans alike are in a spending-frenzy, with no end in sight, on special interests, pork-barrel pet projects, entitlement spending, wasteful, inefficient, dead-end social programs, etc.....

THAT is going to be our economic downfall, NOT Bush's miniscule tax cuts, or the expenses relating to Iraq.

I've always held the very libertarian view that it's MY money, I earned it, I should be allowed to keep it and use it as I see fit.

The federal government should be in the business of providing national defense/border protection, and administrating our basic infrastructure (interstate highways, printing currency, minimal regulation of essentials such as water supply, electricity, and such), and NOTHING else.

"Republican propaganda" has NOTHING to do with my belief in this principle.

Mike

concur precisely.
I consider taxation for anything else to be immoral, and should be illegal.
The middle of the road, or left leaning republicans make it impossible for true Republicans to cut spending.

luvrpgrl · #45 08-31-2005, 12:21 AM

Quote:

Originally Posted by H2O2

...oops, you forgot expanding and defending the scope and scale of our imperial reach. Gotta pay for that somehow.

Imperial reach, hahhaha

Must be pretty lonely inside that head of yours....

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