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Old October 22nd, 2012, 04:52 PM   #1
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Default Do you guys like history?

Want a better economy? History says vote democrat!!!!

http://www.forbes.com/sites/adamhart...vote-democrat/

Keep in mind this is an opinion piece but it was published by Forbes and is a good read.
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Old October 22nd, 2012, 05:05 PM   #2
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They say history repeats it self, and you have to have a clear understanding of it. There is the issues of variables, and intentions change. What the article doesn't mention is that the Democratic party has shifted focus to Government control operating a welfare state supplying entitlement programs.

This creates an economic tail spin. The Government wants to give you everything you need. Food, housing, education and the like. That's paid for by taxes. Back in the day, people WANTED to work for their own stuff, because of that the social (Government) safety nets worked. There was a higher ratio of people paying in then there was of people suckling off the Government's teat. We're moving into a generation were they have been born and raised suckling from said teat, and have no drive to better themselves and be self sustaining. Such as, that previously mentioned ratio of workers paying in money has become less then the people getting assistance, creating a welfare state. So their answer is to tax the upper earners and business to pay for it.

That's why the Democratic philosophy is destined to fail. You piss off the rich people, who own said businesses, and they say screw you guys, we're going abroad, and taking our companies with us. This results in higher unemployment, resulting in higher need for Government assistance, which leads to a shortfall of money. So the answer has been to borrow it from other (China).

That's why this election is sooooo important. I don't know about you, but I don't want a communist country controlling our financial assets.

Make sense?
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Old October 22nd, 2012, 05:08 PM   #3
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Interesting.
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Old October 22nd, 2012, 05:10 PM   #4
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Originally Posted by silveradoboy View Post
Want a better economy? History says vote democrat!!!!

http://www.forbes.com/sites/adamhart...vote-democrat/

Keep in mind this is an opinion piece but it was published by Forbes and is a good read.
"The book covers only Presidents Hoover through W. Bush."
Including the current president would substantially change this statement, which IMO is the most important issue this country needs to address right now.
"Republican presidents added 2.5 times more to the national debt than Democratic presidents"

When a company is failing and you forge a plan to spend more money to make more and it fails, the CEO gets fired. Hopefully the gov works like the private sector in that regards.
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Old October 22nd, 2012, 05:13 PM   #5
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I see your points MonkeyBiz, but I do not think it will get that extreme. They bottom will fall out and we will wake up and rebuild. I just think that anyone who thinks our country should be ran as a buisness (Mitt and all his supporters ) are totally wrong and that a top down economy is not what we need.
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Old October 22nd, 2012, 05:19 PM   #6
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Originally Posted by MonkeyBiz View Post
They say history repeats it self, and you have to have a clear understanding of it. There is the issues of variables, and intentions change. What the article doesn't mention is that the Democratic party has shifted focus to Government control operating a welfare state supplying entitlement programs.

This creates an economic tail spin. The Government wants to give you everything you need. Food, housing, education and the like. That's paid for by taxes. Back in the day, people WANTED to work for their own stuff, because of that the social (Government) safety nets worked. There was a higher ratio of people paying in then there was of people suckling off the Government's teat. We're moving into a generation were they have been born and raised suckling from said teat, and have no drive to better themselves and be self sustaining. Such as, that previously mentioned ratio of workers paying in money has become less then the people getting assistance, creating a welfare state. So their answer is to tax the upper earners and business to pay for it.

That's why the Democratic philosophy is destined to fail. You piss off the rich people, who own said businesses, and they say screw you guys, we're going abroad, and taking our companies with us. This results in higher unemployment, resulting in higher need for Government assistance, which leads to a shortfall of money. So the answer has been to borrow it from other (China).

That's why this election is sooooo important. I don't know about you, but I don't want a communist country controlling our financial assets.

Make sense?
You seemed to have missed the point of the article and book. I understand the logic of what you're saying. The book seems to be saying that that logic is wrong.
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Old October 22nd, 2012, 05:20 PM   #7
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Quote:
Originally Posted by feva4u View Post
"The book covers only Presidents Hoover through W. Bush."
Including the current president would substantially change this statement, which IMO is the most important issue this country needs to address right now.
"Republican presidents added 2.5 times more to the national debt than Democratic presidents"

When a company is failing and you forge a plan to spend more money to make more and it fails, the CEO gets fired. Hopefully the gov works like the private sector in that regards.
Obama us not our CEO and the govt is not a business
We know who holds the real power, congress. Which is Republican majority and they have not gotten shit done
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Old October 22nd, 2012, 05:25 PM   #8
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Quote:
Originally Posted by feva4u View Post
"The book covers only Presidents Hoover through W. Bush."
Including the current president would substantially change this statement, which IMO is the most important issue this country needs to address right now.
"Republican presidents added 2.5 times more to the national debt than Democratic presidents"

When a company is failing and you forge a plan to spend more money to make more and it fails, the CEO gets fired. Hopefully the gov works like the private sector in that regards.
another quote from the article:

Quote:
“Obama at this time would rank on par with Reagan
Corporate profits have risen under Obama more than any other president
The stock market has soared 14.72%/year under Obama, second only to Clinton — which should be a big deal since 2/3 of people (not just the upper class) have a 401K or similar investment vehicle dependent upon corporate profits and stock market performance”
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Old October 22nd, 2012, 05:29 PM   #9
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[QUOTE=MonkeyBiz;3195002]........That's why the Democratic philosophy is destined to fail. You piss off the rich people, who own said businesses, and they say screw you guys, we're going abroad, and taking our companies with us. This results in higher unemployment, resulting in higher need for Government assistance, which leads to a shortfall of money. QUOTE]


what a great sceanario! it would make an interesting plot for a novel. i think i'd name it Atlas Shrugged.
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Old October 22nd, 2012, 05:52 PM   #10
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what a great sceanario! it would make an interesting plot for a novel. i think i'd name it Atlas Shrugged.
But did you hear there's a new book out called "“Bulls, Bears and the Ballot Box” that claims that really a myth and reality doesn't work that way. Here's an article about it: http://www.forbes.com/sites/adamhart...vote-democrat/
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Old October 22nd, 2012, 06:07 PM   #11
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Quote:
Originally Posted by brewmenn View Post
But did you hear there's a new book out called "“Bulls, Bears and the Ballot Box” that claims that really a myth and reality doesn't work that way. Here's an article about it: http://www.forbes.com/sites/adamhart...vote-democrat/
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Old October 22nd, 2012, 06:09 PM   #12
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Originally Posted by brewmenn View Post
But did you hear there's a new book out called "“Bulls, Bears and the Ballot Box” that claims that really a myth and reality doesn't work that way. Here's an article about it: http://www.forbes.com/sites/adamhart...vote-democrat/
wish it was that clear cut however, it's about SOOOOOOO much more than the economy.
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Old October 23rd, 2012, 05:19 AM   #13
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Originally Posted by silveradoboy View Post
Obama us not our CEO and the govt is not a business
We know who holds the real power, congress. Which is Republican majority and they have not gotten shit done
So since the dems held the house and senate from 2006-2011 and the economy tanked, the mess is all the dems fault then? It is a business and he is the CEO and he's failed miserably.
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Old October 23rd, 2012, 05:24 AM   #14
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Originally Posted by brewmenn View Post
another quote from the article:
Look over the last 10 yrs, the stock market went from 8000 to 14000 during the Bush era........don't look too close though, you'll see that it's all about to fall in the shitter again. If you go back further you'll see it did the same thing under Clinton. So either all 3 of them are both awesome and full of fail or the free market will operate as just that.

“Obama at this time would rank on par with Reagan
Corporate profits have risen under Obama more than any other president
The stock market has soared 14.72%/year under Obama, second only to Clinton — which should be a big deal since 2/3 of people (not just the upper class) have a 401K or similar investment vehicle dependent upon corporate profits and stock market performance”
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Old October 23rd, 2012, 07:49 AM   #15
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Regardless if you think the Gov is a business or not. If it were run by logical humans that can balance a checkbook and do basic sound financial planning we would not be in this mess that has gotten worse since Obama.
We would not spend what we did not have, we would not give money out that was not NEEDED (i.e. food stamps OK, cable TV and late model wheels, no chance), we would not invest is questionable/high risk industry. We would prioritize all spending and ask, do we need defense, yes! Do we NEED big bird, NO.
Stimulus is just a fancy word for kicking the can down the road to the inevitable. We will not spend our way out, tax our way out, borrow our way or bail our way out.
The US Govt cannot and will not file Chapter 13, we all have some serious tough times coming and cannot take the easy way that 99% of Americans would/could take if this were their personal finances.
Put 13 million to work making $12 hour and it will generate 60+ billion in taxes a year and over 338 billion in "stimulus". I do not feel $12 is great pay, but 13 million off welfare, contributing is a double win.

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Old October 23rd, 2012, 08:43 AM   #16
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Quote:
Originally Posted by MonkeyBiz View Post
They say history repeats it self, and you have to have a clear understanding of it. There is the issues of variables, and intentions change. What the article doesn't mention is that the Democratic party has shifted focus to Government control operating a welfare state supplying entitlement programs.

This creates an economic tail spin. The Government wants to give you everything you need. Food, housing, education and the like. That's paid for by taxes. Back in the day, people WANTED to work for their own stuff, because of that the social (Government) safety nets worked. There was a higher ratio of people paying in then there was of people suckling off the Government's teat. We're moving into a generation were they have been born and raised suckling from said teat, and have no drive to better themselves and be self sustaining. Such as, that previously mentioned ratio of workers paying in money has become less then the people getting assistance, creating a welfare state. So their answer is to tax the upper earners and business to pay for it.

That's why the Democratic philosophy is destined to fail. You piss off the rich people, who own said businesses, and they say screw you guys, we're going abroad, and taking our companies with us. This results in higher unemployment, resulting in higher need for Government assistance, which leads to a shortfall of money. So the answer has been to borrow it from other (China).

That's why this election is sooooo important. I don't know about you, but I don't want a communist country controlling our financial assets.

Make sense?




They already are
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