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Will America recover (Read 187 times)
Dane Allen
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Re: Will America recover
Reply #15 - 01/15/14 at 14:13:34
 
Paraquat wrote on 01/15/14 at 06:15:35:
What big event occurred in 2008 to cause such a drop?

--Steve


I think the better question is what happened in 2006. Democrats took the House and Senate and within 2 years Frank/Dodd finance reform tranferred a vast majority of wealth from regular Americans to the Dems wealthy donors. Also put on display for all to see what happens when government gets into the business of picking winners  Angry
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Dane Allen
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Re: Will America recover
Reply #16 - 01/15/14 at 14:19:35
 
Serowbot wrote on 01/15/14 at 09:03:18:
Rome fell.. Italians survived...
Germans survived Hitler...
England was bombed to the ground...
Japan survived 2 nukes...

I think America will survive...
The biggest danger is that we "Chicken Little" ourselves to death... Grin...

Governments manage economies and societies... they don't create them from whole cloth...
Huh...


East Germans, Poles, Ukranians, Cubans, Venezuelans, Sudanese, Vietnamese, Chinese, Koreans, Russians and a slew of others didn't fare so well.

Economies and societies create themselves, government only comes later to fill a certain need and then it grows out of control and needs to be destroyed. Government creates absolutely nothing, ever!!!
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raydawg
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Re: Will America recover
Reply #17 - 01/16/14 at 04:07:16
 
Serowbot wrote on 01/15/14 at 09:03:18:
Rome fell.. Italians survived...
Germans survived Hitler...
England was bombed to the ground...
Japan survived 2 nukes...

I think America will survive...
The biggest danger is that we "Chicken Little" ourselves to death... Grin...

Governments manage economies and societies... they don't create them from whole cloth...
Huh...


Yeah.....I'm with bot on this one, b'sides...... we is all gonna die due to global warming. Don't believe me, ask algore!
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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oldNslow
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Re: Will America recover
Reply #18 - 01/16/14 at 07:38:29
 
raydawg wrote on 01/16/14 at 04:07:16:
Serowbot wrote on 01/15/14 at 09:03:18:
Rome fell.. Italians survived...
Germans survived Hitler...
England was bombed to the ground...
Japan survived 2 nukes...

I think America will survive...
The biggest danger is that we "Chicken Little" ourselves to death... Grin...

Governments manage economies and societies... they don't create them from whole cloth...
Huh...


Yeah.....I'm with bot on this one, b'sides...... we is all gonna die due to global warming. Don't believe me, ask algore!


I thought the question was about the economy recovering.

I'm sure the US will SURVIVE in some form or another. Whether we can recover from the economic mess that's coming is an entirely different question. The economic paradigm that we are operating under is based on fantasy. That aint going to get fixed IMO.
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WebsterMark
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Re: Will America recover
Reply #19 - 01/16/14 at 10:05:10
 
I'm sure the US will SURVIVE in some form or another. Whether we can recover from the economic mess that's coming is an entirely different question. The economic paradigm that we are operating under is based on fantasy. That aint going to get fixed IMO.

Which causes what? Does economic collapse cause societal collapse or does societal collapse caused economic collapse?

I say societal collapse causes economic collapse, not the other way around. Poverty is more a function of society that it is economics. Actually it's probably more correct to say long-term poverty is more a function of society than economics.
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oldNslow
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Re: Will America recover
Reply #20 - 01/16/14 at 10:28:26
 
WebsterMark wrote on 01/16/14 at 10:05:10:
I'm sure the US will SURVIVE in some form or another. Whether we can recover from the economic mess that's coming is an entirely different question. The economic paradigm that we are operating under is based on fantasy. That aint going to get fixed IMO.

Which causes what? Does economic collapse cause societal collapse or does societal collapse caused economic collapse?

I say societal collapse causes economic collapse, not the other way around. Poverty is more a function of society that it is economics. Actually it's probably more correct to say long-term poverty is more a function of society than economics.


Poverty is not the issue. Poverty has been the lot of the majority of the inhabitant of this planet throughout all of history. What is going to destroy the US economy is the notion that a nation - or an individual - can spend itself -or himself - into prosperity by using borrowed money which can never be repaid, or by using money that is simply created out of thin air.

Societal collapse of some degree will follow an economic catastrophe. How bad things get is going to be pretty hard to predict, I think, but for a lot of people things will become very difficult.

I think that the reverse is also likely to be true in some instances, but in the case of this county the economy is going to go to hell first.
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Re: Will America recover
Reply #21 - 01/16/14 at 10:33:15
 
I was just reading all these posts....


To me the economic situation can be likened to this:

Take an enigine and run it... eventually the oil will run low... just keep running it. Now some will say .. "hey we need oil or the engine will destroy itself!" while others will point out (facually) that the engine is runing just fine and is actually running even FASTER without all that oil to have pump everywhere.
Then the engine seizes up and someone gets the bright idea to use the starter motor to turn the engine.. and it works!!! The engine limps along and its not even using any gasoline!! all you chickens are idiots!!

Thats where we are now... running a broke engine by using the starter motor.

Those with money and abilty are still draining off the remaining oil.. and selling off useless parts like oil pumps and water pumps. When the engine does stop, they will have either amassed so much that it does not matter, or they will have already moved into a different paradign to secure thier position. Those of us (very much me) that were expecting the engine to run until we died... and are wholly dependent on it... will suffer.
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justin_o_guy2
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Re: Will America recover
Reply #22 - 01/16/14 at 11:36:49
 
Thats where we are now... running a broke engine by using the starter motor.


Beautiful,, dang,, thats just so spot on.
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The people never give up their liberties but under some delusion.- Edmund Burke.
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Re: Will America recover
Reply #23 - 01/16/14 at 13:36:39
 
Poverty is not the issue. Poverty has been the lot of the majority of the inhabitant of this planet throughout all of history.

Until the capitalistic system coupled together with the Republic known as the United States of American came along, that was true. Once poor, you were almost guaranteed to be poor. Hard work ethic and talent was no guarantee you could generate the amount of wealth you wanted.

Today, our society eagerly awaits the latest government handout. Politicians see office as a way to power and fame, not as a guardian to the Republic. These societal failings are driving our nation bankrupt.

I do not see how generations of welfare recipients will change. I do not see how politicians who are dependent upon the vote will force the masses, who are basically acting like children to grow up and take responsibility for themselves.

What are we talking about on the news today, extending unemployment even longer? Borrow more to pay for this? Where does this stop? How can it stop when the birds who feed at the feeder have a say if the feed continues or not?
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Re: Will America recover
Reply #24 - 01/16/14 at 13:58:58
 
Quote:
I do not see how politicians who are dependent upon the vote will force the masses, who are basically acting like children to grow up and take responsibility for themselves.


The political class doesn't want the people to act like adults and be responsible. They want the masses. as you call them, to become more and more dependent on the largesse of the ruling class and thus vote to keep in power whomever is able to provide the biggest handout.  

That's all well and good for those at the top of the heap, but it will not last forever. Sooner or later the house of cards will fall down. That's where it stops. Eventually there will be nothing left to hand out but empty promises, and then things are going to get ugly.

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Re: Will America recover
Reply #25 - 01/16/14 at 14:02:44
 
oldNslow wrote on 01/16/14 at 13:58:58:
Quote:
I do not see how politicians who are dependent upon the vote will force the masses, who are basically acting like children to grow up and take responsibility for themselves.


The political class doesn't want the people to act like adults and be responsible. They want the masses. as you call them, to become more and more dependent on the largesse of the ruling class and thus vote to keep in power whomever is able to provide the biggest handout.  

That's all well and good for those at the top of the heap, but it will not last forever. Sooner or later the house of cards will fall down. That's where it stops. Eventually there will be nothing left to hand out but empty promises, and then things are going to get ugly.




Bingo.......
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Re: Will America recover
Reply #26 - 01/16/14 at 19:05:06
 
Is it easier to understand why the soviet union collapsed the way it did?  It to was a train going down the tracks without anyone at the helm.  96% political incumbent re-election rate and 40% of their gdp on their military.
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justin_o_guy2
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Re: Will America recover
Reply #27 - 01/16/14 at 19:10:29
 
Handouts are great,, right up till the moment that other guys pockets run dry,,
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The people never give up their liberties but under some delusion.- Edmund Burke.
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pg
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Re: Will America recover
Reply #28 - 01/16/14 at 19:23:22
 
I think your para-phrasing margaret thatcher.  Socialism works until you run out of other peoples' money to spend.  Or am I para-phrasing now?
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justin_o_guy2
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Re: Will America recover
Reply #29 - 01/16/14 at 21:47:08
 
Whuu? ME? Para Phrasing? I was REALLY tryin to make that come across like I was the sole author! & Looka what you done gone & done! Dang, dude,,
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The people never give up their liberties but under some delusion.- Edmund Burke.
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