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RE: Things people believe that aren't true.
Posted on: October 3, 2016 at 20:27:42 CT
RayKinsella1922 SEC
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1) No party has had significant long-term control to an extent necessary to really see the outcomes of their policy. Further, the effect of policy takes years, if not decades, such that the party in power is almost always in the midst of effects from the other party, not their own, making it all but impossible to scientifically validate the correctness of the canons.
2) Debt forgiveness by the Chinese is the only practical way out at this point. If they won't do it, we'll end up going to war to decide who foots the bill.
3) The banks should be (and should have been) allowed to collapse. No bank is too big to fail and the FDIC would keep the panic well contained anyway. The bailouts are/were the worst sort of corruption.
4) Printing money works and currently turns supposedly sound economic principle on its head. This is because the entire world stands to suffer as much (if not more) were the U.S. economy to collapse. Thus we print more, but prices stay the same and interested parties collude to keep it that way.
5) Not sure that many on either side of the aisle believe this one. The Republicans know we must protect our access to oil and the Democrats, while happy to bluster publicly against it, concede the same behind the scenes and go along with strategy necessary to keep access to, or strengthen alliances with our oil partners.
6) Where deep socialism has created statistical superiority in some categories, there is no place else in the world where freedom is the anchoring principle of a nation. Further, that socialism is, when the string is pulled, found to be heavily dependent on the US economy for its existence. Further, the United States still leads in the production of art, the creation of new business and the invention/development of new technology. It's not even close. Thus the now multi-decade beating of this drum of decline still rings hollow.
Edited by RayKinsella1922 at 20:33:22 on 10/03/16
2) Debt forgiveness by the Chinese is the only practical way out at this point. If they won't do it, we'll end up going to war to decide who foots the bill.
3) The banks should be (and should have been) allowed to collapse. No bank is too big to fail and the FDIC would keep the panic well contained anyway. The bailouts are/were the worst sort of corruption.
4) Printing money works and currently turns supposedly sound economic principle on its head. This is because the entire world stands to suffer as much (if not more) were the U.S. economy to collapse. Thus we print more, but prices stay the same and interested parties collude to keep it that way.
5) Not sure that many on either side of the aisle believe this one. The Republicans know we must protect our access to oil and the Democrats, while happy to bluster publicly against it, concede the same behind the scenes and go along with strategy necessary to keep access to, or strengthen alliances with our oil partners.
6) Where deep socialism has created statistical superiority in some categories, there is no place else in the world where freedom is the anchoring principle of a nation. Further, that socialism is, when the string is pulled, found to be heavily dependent on the US economy for its existence. Further, the United States still leads in the production of art, the creation of new business and the invention/development of new technology. It's not even close. Thus the now multi-decade beating of this drum of decline still rings hollow.
Edited by RayKinsella1922 at 20:33:22 on 10/03/16
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RE: Things people believe that aren't true. - RayKinsella1922 SEC - 10/3 20:27:42