@bobsal u1553115,
bobsal u1553115 wrote:
You make two points: Both sides are equally bad.
I can't even name a another GOP administration this screwed up, why don't you name a Democratic one?
It's not a question of how screwed up any administration is. It is a question of how impossible it is for an economy to evolve toward greater resource conservatism when fiscal growth stimulus prevents people and businesses from adapting to tighter budgets and stimulates them to keep doing everything they do to make as much money or more as they ever have in the past.
In more tangible terms, the Democrats subsidize things like renewable energy, rail projects, low-income housing etc. and by doing so, they pump up the costs of such projects to levels that pay people to go on consuming energy at wasteful levels, buying and driving cars instead of using transit, and the cost of low-income housing remains high for people who don't qualify for subsidies.
I could give many more examples of how Democrat policies, subsidies, and regulations do more to support the status quo that they are claiming to want to change than they do to actually achieve change.
You could even say that the Democrat spending projects work the way small-business loans work for the larger economy; i.e. you give a bunch of small business loans to businesses that are going to fail, and they spend the borrowed money on all sorts of things, which stimulates the economy for bigger businesses that are going to prosper from them failing.
It's like creating an artificial estuary to feed lots of little fish, which then get eaten by bigger fish and sharks. The bigger fish and sharks thrive that much more and expect that much more food because their food supply has been artificially built up.
In an unsubsidized free market, prices come down when sellers realize they simply can't sell their products and services at the levels they've come to expect in a growing economy. Decreasing prices is the natural economy's way of giving a break to the poor, but it doesn't happen in an economy where government stimulus and subsidies are used to artificially pump up demand.
So these Democrat subsidies and stimulus projects designed to prevent recession are actually preventing from the economy from adapting to serve the poor so that they can live independently of subsidies and stimulus.
In short, the government is keeping the economy dependent on it instead of allowing it to adapt to become more independent of government.
Quote:And: that somehow a multi-trillion dollar economy can't sustain fighting Covid19.
We've fought bigger and worse enemies and survived. I'm more of a Capitalist than you are. I believe in a market driven economy. When we get out of this - and we will in spite of what even you admit is monumental mismanagement and mishandling of this pandemic - we will get our lives back to normal. There's still huge piles of personal wealth in this country and it will find its way into the pipeline. Because this is what we do so so well in this America we both claim to love: we get over it, we get better and we thrive.
The way to fight and achieve economically is for consumers and businesses to adapt to recessions. When businesses and consumers find ways to change what they consume and/or how they work to save money, resources, etc. they shrink their footprint as well, which is what is needed for environmental/climate reform to occur. It means things like driving less, building less infrastructure and sprawl, clearing less land, leaving more land unmanaged so it can regrow in a natural way, etc. All these kinds of reforms lower spending and thus create less jobs, but as unemployment increases, you can hire more people for less hours and/or lower wages, if you can get the unions to accept lower wages as a method of allowing people to work more for the same or less pay.
No one wants to make less money, but that is how prices deflate instead of inflating, and deflation is how saved money gains value.
Quote:We've had any number of financial panics after a disastrous civil war that brought absolute devastation to the South and they came back. We had a disastrous Great Depression for ten years and we came back, we fought a huge World War and not only brought back the US but brought back a devastated Europe including the USSR and Japan and we all prospered.
We've survived 30+ years of disaster and death out of the last 100 or so years -world wide some of it, and we survived. Why do you believe these last three months have put us at the edge of the apocalypse? Aren't we made of sterner stuff? Aren't we made in America?
Sacrificing more elderly, children, productive adults to make it easier for you to find TP just is not good sense and its un-American as Hell.
The inflationary economy is what sacrifices people by taxing savings to gradually make debt easier to repay. People, businesses, and investors all spend and invest money more frivolously because they are desperate to keep making money instead of protecting and conserving the money they already have.
Conservative economic behavior means managing resources more carefully, which means more left over for those who need it. Just a simple example is when a restaurant wants to compete for sales in a bull rush, such as a dinner rush, they prepare lots of product so patrons will have lots of options to choose from, but much of it gets thrown away when customers only choose certain options and forego others. The business makes more money this way because the retail price of the prepared food is much higher than the cost of the raw ingredients.
In a more conservative economy where people can't afford to buy prepared food, they automatically waste less because they can't afford to throw away food. That, in turn, brings down the price of ingredients, which means the poor can afford more food and that less food gets thrown away generally. So when the Democrats subsidize the economy so people can afford to buy more prepared food, they are actually stimulating more food waste, so when they say they want there to be less hunger, etc. they are not really creating the policies that would stimulate people to conserve food and other resources and use them more carefully, i.e. because they are always wanting to give the poor and middle class a standard of living more like the richer people who waste more.