It's the things he's spouted off about that are troubling to me. He's the president of the most powerful country in the world and some of the things he's most concerned with are troublesome. I won't bother to get into the petty things and he may be good on the financial portion of his job. However, I am really concerned about his foreign policy and what is going to happen when we actually encounter a real crisis.
I don't personally believe, isolationism is the way we should go. If we don't exercise our influence in the world someone else will fill the vacuum.. JMO
Are you going to add to the discussion or just spout off?
I asked a question. And you replied with a smartass remark. Just like my super lib baby brother. He is a smartaleck know it all too. Now answer the question please. Because it has never made sense to me, and no one has ever given me an answer that made sense. What I have seen with my own two eyes, is undeniable proof of the failure of unequal trade with countries that have borderline slave wages. Thousands of factories closed down, and millions of blue collar workers pushed back into near poverty or outright poverty, while our money is gushing out, but very little trickling in.
Ah, yes, that's what I did. I took it seriously...
My apologies but I did not see a ?. I took that as a smartaleck comment. It never equals out on the bottom line when we are talking about a trade deficit but when we can buy cheap goods from other countries because of their cheap labor we actually increase our standard of living because if we made those products here that would run up the cost of those items and more of us would not be able to afford them. We win in raising our standard of living but loose in terms of jobs. That is why I say that I'm worried about the rate of inflation when we bring those jobs back.
This article is a good read. I don't see it as slanted left or right.
https://www.thebalance.com/u-s-china-trade-deficit-causes-effects-and-solutions-3306277
Thanks for the article. I've not read it yet, but I will speak to what you just said...Inflation doesn't matter to people who have no money because they have no job. This has transpired over party lines across 16 years of Clinton and Obama, and 8 years of Bush, so I do not blame just one party.
Inflation has the biggest impact on the poor and unemployed. I get what you are saying that they need jobs to improve their purchasing power. We could create jobs here by improving our infrastructure (roads, bridges, walls) which would stimulate the economy while still having a trade deficit. They pay taxes helping the growth cycle. Another thing we could do is create jobs that help us become more energy independent then we would not have to import as much oil. Solar, wind, hydro is that direction but right now in a capitalistic society the incentive to invest in these is not there.
The premise of Capitalism is exploitation of resources (oil, land, labor) and the lack of exploitation of labor is the exact reason why trickle down economics does not work. Glitch correct me if I am wrong.
Inflation has the biggest impact on the poor and unemployed. I get what you are saying that they need jobs to improve their purchasing power. We could create jobs here by improving our infrastructure (roads, bridges, walls) which would stimulate the economy while still having a trade deficit. They pay taxes helping the growth cycle. Another thing we could do is create jobs that help us become more energy independent then we would not have to import as much oil. Solar, wind, hydro is that direction but right now in a capitalistic society the incentive to invest in these is not there.
The premise of Capitalism is exploitation of resources (oil, land, labor) and the lack of exploitation of labor is the exact reason why trickle down economics does not work. Glitch correct me if I am wrong.
I would say the capitalism can be corrupted by bad folks. Good capitalists realize that their workers are one of if not their most valuable resource. A smart capitalist will realize that getting the best employees and keeping them through excellent compensation packages will net them more profits than trying to keep wages low and squeezing as much profit from what they've got. The problem is that some bad capitalist took advantage of the labor markets so badly that labor unions became necessary. The labor unions, while needed at first, have become corrupted by greed and now they only serve to milk the management for as much as they can. They ensure that worthless employees remain on company payrolls because it keeps the union dues coming in. If unions were smart they would have developed ways to make their employees the best and get rid of the lazy and incompetent. They keep the truly great employees from reaching their potential because they are so busy keeping everyone equal. We are not all equal. Truly great laborers should be handsomely compensated while mediocre and poor laborers should be paid significantly less. It would either encourage them to get better or they would have to settle for subpar wages. The biggest problem with economics is people. The theories of economics are perfect in a vacuum. The problems come in when people get involved.
I would say the capitalism can be corrupted by bad folks. Good capitalists realize that their workers are one of if not their most valuable resource. A smart capitalist will realize that getting the best employees and keeping them through excellent compensation packages will net them more profits than trying to keep wages low and squeezing as much profit from what they've got. The problem is that some bad capitalist took advantage of the labor markets so badly that labor unions became necessary. The labor unions, while needed at first, have become corrupted by greed and now they only serve to milk the management for as much as they can. They ensure that worthless employees remain on company payrolls because it keeps the union dues coming in. If unions were smart they would have developed ways to make their employees the best and get rid of the lazy and incompetent. They keep the truly great employees from reaching their potential because they are so busy keeping everyone equal. We are not all equal. Truly great laborers should be handsomely compensated while mediocre and poor laborers should be paid significantly less. It would either encourage them to get better or they would have to settle for subpar wages. The biggest problem with economics is people. The theories of economics are perfect in a vacuum. The problems come in when people get involved.
