Oh, and this wasnt directed at you @supersonicwaffle , it was aimed at the thread starter. Sorry that I dint make that clearer.Ehm, I think you've got that reversed.
Oh, and this wasnt directed at you @supersonicwaffle , it was aimed at the thread starter. Sorry that I dint make that clearer.Ehm, I think you've got that reversed.
Careful with that.becoming a nationalist
The U.S. has a debt of trillions.US being the world's greatest economy
Yes, but its still the world reserve currency. And the only currency oil can be paid in.The U.S. has a debt of trillions.
Ups, the US are getting f'cked.
https://economictimes.indiatimes.co...s-toothless/articleshow/69095599.cms?from=mdr
https://www.project-syndicate.org/c...ini-2019-08&a_pa=curated&a_ps=main-article-a2Finally, there is an important difference between the 2008 global financial crisis and the negative supply shocks that could hit the global economy today. Because the former was mostly a large negative aggregate demand shock that depressed growth and inflation, it was appropriately met with monetary and fiscal stimulus. But this time, the world would be confronting sustained negative supply shocks [meaning, brexit for the brits, or permanent trade disputes US/china] that would require a very different kind of policy response over the medium term. Trying to undo the damage through never-ending monetary and fiscal stimulus will not be a sensible option.
I'm surprised you're saying that welfare programs are "absolutely nothing" figuring that over half of our taxes go towards them. Sounds kinda heartless, wow.I'm not against increasing taxes, it's a matter of what those taxes pay for. As it stands now they're paying for absolutely nothing except a giant foreign policy blunder.
Thanks to those "increased taxes", workers earnings growth is improving at a faster rate than corporations growth even with their tax cuts.Not to mention your "nationalist" president is the one who imposed these taxes on us, but I suppose hypocrisy is to be expected from every Republican politician by now.
Well, just wait a couple months, and we'll regroup about this. I think you'll be surprised. Edit: I just heard this morning that China is ready to "give up" because their economy is suffering so bad. So give it a couple of days instead of months. You'll still be surprised.China is both more disciplined and more authoritarian, so it's easy for them to stop buying the goods they've put tariffs on. The same can't be said of the US. We haven't stopped buying Chinese goods with tariffs on them, or even slowed down our consumption of those goods. Which means we aren't hurting their economy at all, only our own. Even despite the unrest in Hong Kong, we're the ones on the cusp of an economic recession, not China.
. Huh? Why's that? I didn't say "white" in front of it. Loving your country is not a bad thing.Careful with that.
. Notimp covered this well enough, but I'll add to it. What you must assume by saying that is similar to wondering how a person with credit card debt has an excellent credit score even though they own the credit card company.The U.S. has a debt of trillions.
@supersonicwaffle
Here, this is another potential explanation for why there is a difference between steel tariffs and the current US/China trade war. I got lucky.
https://www.project-syndicate.org/c...ini-2019-08&a_pa=curated&a_ps=main-article-a2
One is deemed 'rather permanent'. Thats also a way to look at it. My explanation in parts is better though. The 'cant be met by inflating your own currency' explaination we've got in common.
Boy, you are just not smart - are you?I'm surprised you're saying that welfare programs are "absolutely nothing" figuring that over half of our taxes go towards them. Sounds kinda heartless, wow.
Discretionary spending is the portion of the federal budget that Congress determines annually in the appropriations process and accounts for 28 percent of all spending in the president’s proposed 2016 budget. It does not include earned benefits programs that people pay into like Social Security and Medicare. This chart shows how the president would allocate that spending.
Yes.I don't know how you read anything about the EU's steel tarrifs into the article that doesn't mention it at all, like AT ALL.
And steel tarrifs were:the former [the former being the 2018 financial crisis, that caused the overproduction of steel, an subsequently the steel tariffs] was mostly a large negative aggregate demand shock that depressed growth and inflation, it was appropriately met with monetary and fiscal stimulus.
mostly a large negative aggregate demand shock that depressed growth and inflation, it was appropriately met [by the chinese] with monetary and fiscal stimulus.
the world would be confronting sustained negative supply shocks [meaning, Brexit for the Brits - less products for the Brits, or permanent trade disputes US/China - less products for the US/China] that would require a very different kind of policy response over the medium term [meaning lower living standards]. Trying to undo the damage through never-ending monetary and fiscal stimulus [= free money (as the chinese gave their steel workers)] will not be a sensible option. [= the Chinese think, that they can't do much about it, other than making their societies unhappy.]
I'm smart enough to know that social security is a welfare program. I'm not just talking about food stamps. Taking care of the disabled and elderly is a part of welfare.Boy, you are just not smart - are you?
I think the word you are looking for is patriot, not nationalist.. Huh? Why's that? I didn't say "white" in front of it. Loving your country is not a bad thing.
Patriotism: "love for or devotion to one's country.
//'Although poles apart ideologically, they are both unashamed of their patriotism.— Christopher Hemphill'"
Nationalism: "exalting one nation above all others and placing primary emphasis on promotion of its culture and interests as opposed to those of other nations or supranational groups
//'Intense nationalism was one of the causes of the war.'"
Synonyms: chauvinism, jingoism
The Difference Between Nationalism, Patriotism, Sectionalism, and Jingoism
Nationalism has a number of near-synonyms, each of which carries its own distinct meaning. Patriotism is similar insofar as it emphasizes strong feelings for one’s country, but it does not necessarily imply an attitude of superiority. Sectionalism resembles nationalism in its suggestion of a geopolitical group pursuing its self-interest, but the group in question is usually smaller than an entire nation. Jingoism closely resembles nationalism in suggesting feelings of cultural superiority, but unlike nationalism, it always implies military aggressiveness.
Examples of nationalism in a Sentence
The war was caused by nationalism and greed.
Nazism's almost epic nationalism appealed to downtrodden Germans still suffering the humiliation of being defeated in World War I.
Recent Examples on the Web
"At a time when anti-Semitic incidents have increased — due to the president’s emboldening of white nationalism — Trump is repeating an anti-Semitic trope." — Darlene Superville, Twin Cities, "Trump: Any Jew voting Democratic is uninformed or disloyal," 21 Aug. 2019
Aha, you have more old people (demographic shift), and?That leaves us with the welfare category, the only area of federal spending that has grown significantly relative to the size of the U.S. economy.
No, I know what I said. Nationalist, not nationalism. Just like JLP (my avatar pic), I'm not into "ism"s. Patriot also works.I think the word you are looking for is patriot, not nationalist.
Um, I'd rather not. I do think the US is the greatest country in the world, but I'm not into killing our own people. Sorry if you feel the opposite way. I heard Canada is still excepting illegal immigrants and giving them free checks right after they cross. Just saying.Nationalism - think Nazis.
Aha, you have more old people (demographic shift), and?
Ping me once you get it.
Ok dude, you're right. You're a genius, we're all wrong and evil and you are the saving grace that the world needs most. Godspeed, @morvoran !No, I know what I said. Nationalist, not nationalism. Just like JLP (my avatar pic), I'm not into "ism"s. Patriot also works.
Um, I rather not. I do think the US is the greatest country in the world, but I'm not into killing our own people. Sorry if you feel the opposite way. I heard Canada is still excepting illegal immigrants and giving them free checks right after they cross. Just saying.
Oh, I get it, alright. You just can't admit that I'm smarter than you and that you were WRONG!!!
Ok dude, you're right. You're a genius, we're all wrong and evil and you are the saving grace that the world needs most. Godspeed, @morvoran !
The thread topic isn't taxes in general, nor was that what I was referencing. Don't be intentionally dense.I'm surprised you're saying that welfare programs are "absolutely nothing" figuring that over half of our taxes go towards them. Sounds kinda heartless, wow.
Wages have been entirely stagnant under the Trump administration, and tariffs can only affect them negatively.Thanks to those "increased taxes", workers earnings growth is improving at a faster rate than corporations growth even with their tax cuts.
No, I don't think I will be. The best-case result is that the entire world goes into economic recession rather than only the US. Not a positive thing regardless.Well, just wait a couple months, and we'll regroup about this. I think you'll be surprised. Edit: I just heard this morning that China is ready to "give up" because their economy is suffering so bad. So give it a couple of days instead of months. You'll still be surprised.
How is it a welfare if they paid into the system? It seems fair to expect at least some of that money back from Social Security, as that is a mean for income that they paid into it. Often times they pay more into the system then the receive back. After all that is what Social Security is a form of retirement income for the elderly.Taking care of the disabled and elderly is a part of welfare.
You pay into it through a payroll tax. The money the boomers paid in that they should be getting now was gone a long time ago.How is it a welfare if they paid into the system? It seems fair to expect at least some of that money back from Social Security, as that is a mean for income that they paid into it. Often times they pay more into the system then the receive back. After all that is what Social Security is a form of retirement income for the elderly.
I know what the thread topic is. You were talking about how we were paying higher taxes buying Chinese goods from retail stores.The thread topic isn't taxes in general, nor was that what I was referencing. Don't be intentionally dense.
In Trump's voice, "Wrong". Try checking a non leftist source for the right answer.Wages have been entirely stagnant under the Trump administration, and tariffs can only affect them negatively.
"Wrong". The stock market started going back up today and when Trump does negotiate with China, the economy will be better than before.The best-case result is that the entire world goes into economic recession rather than only the US. Not a positive thing regardless.
"Try checking a more biased source for the answer I prefer."In Trump's voice, "Wrong". Try checking a non leftist source for the right answer.
Trump couldn't negotiate his way out of a wet paper bag. He'll get us a worse deal than we had before and call it a win. People like you won't question it."Wrong". The stock market started going back up today and when Trump does negotiate with China, the economy will be better than before.
You're maybe correct, I had to research this and you could be right. In that case I stand corrected then.You pay into it through a payroll tax. The money the boomers paid in that they should be getting now was gone a long time ago.
I never question when somebody wins so much for the American people, including for you, too. China is getting desperate, so Trump's administration will be able to negotiate a deal to prevent our economy from being taken advantage of like with all prior presidents, including Republicans. Just give him a week or two. You'll see.Trump couldn't negotiate his way out of a wet paper bag. He'll get us a worse deal than we had before and call it a win. People like you won't question it.
"Try checking a more biased source for the answer I prefer."