Thoughts on the RNC - Page 5

wintersforge · 09-04-2004, 10:08 AM

[quote="TGB!":1ff53][quote:1ff53]Is it possible that they could surpass us in economic strength?[/quote:1ff53]

Not any time soon. While their growth rate is high we can attribute that to relaxed econ regulation on a closed market. However, the purchasing power per capita is like 4-6 thousand dollars. Thats what happens when centralized China is fast becoming urbanized, and you still have 100's of millions of Chinese farmworkers living in the midlands. Central China is 1st world, mainland China is still 3rd world.[/quote:1ff53]

+ ive heard wages are increasing and workers are becoming a bit sauvy...still cheap but i think with time the standard of living will rise for the china men...also take into consideration that the trwemendous growth is due to the government seeing the writing on the wall and allowing more independant growth and indivdual wealth...i dont think they will surpass us though....US doesnt like not being #1 sleeping:

Proteus · 09-04-2004, 10:09 AM

Operation: China

Maplegyver · 09-04-2004, 10:25 AM

[quote="Mr.Buttocks":fe3ff][img]http://jmc7.pwp.blueyonder.co.uk/Images/asshole.jpg[/img][/quote:fe3ff]

haha fucking nazis

Short Hand · 09-04-2004, 11:25 AM

[quote="TGB!":83d09][quote="Short Hand":83d09]ok TGB im not economic expert...but I do kind of know things like this...[/quote:83d09]

Absolutely irrelevant. The United States has been operating with a trade def for quite some time now (one that is many times that of the federal def). We borrow what we dont have. However the bottom line is that Kerry believes the economy will miraculous multiple by leaps and bounds simply by virtue of him getting into office, and that raising taxes on folks making over 200K, penalizing American companies that are getting out of the tax quagmire that is the US tax code, and initiating 2 trillion dollars worth of bloated government will all somehow work itself out with each other. Not gonna happen.[/quote:83d09]

[quote="George Jackson":83d09]
Some economists ask: What is so bad about a trade deficit? After all, trade is mutually beneficial, so those who export to America are benefiting as much as those Americans who buy the products. This statement completely misses the point. It's not a question of deficits per se: it's a question of 'bad deficits' v 'good deficits'. To some economists, there is no such thing. Wrong again, just as so many of them are wrong about growth and consumer spending.

What I intend to stress is that bad deficits are like the spots measles produce. They are symptoms, not causes. Now the bad deficit occurs when the central bank lets loose with the money supply, usually through our old enemy credit expansion. Now I have already discussed elsewhere how this monetary policy triggers booms and inflates asset values. But there is also the effect on the trade balance.

Inflating spending leads to an increased demand for imports. Eventually the demand grows, unless monetary policy is tightened, until it reaches the point where the central bank sees it as another warning signal that monetary policy needs to be tightened.

[/quote:83d09]

This is the problem. TGB. were generating "bad deficits" instead of good ones. All threw the Clinton years deficits happned etc etc(trade), but they were not damaging like the ones experienced today. This would explain the slow growth in the economy, & unemployement increasing, Salary's in jobs not going higher etc, etc ,etc. This is what a lot of economists are trying to explain. Yet you get bone heads on Fox news, paid by Good Ole Murlock to say otherwise.

TGB! · 09-04-2004, 02:17 PM

[quote:675db] This would explain the slow growth in the economy[/quote:675db]

A RECESSION and 9/11 explains the tapering off of the economy.

[quote:675db]unemployement increasing[/quote:675db]

Unemployment DECREASED.

[quote:675db]Salary's in jobs not going higher[/quote:675db]

Average hourly wage INCREASED.

[quote:675db]This is what a lot of economists are trying to explain. Yet you get bone heads on Fox news, paid by Good Ole Murlock to say otherwise.[/quote:675db]

Youre a. . .well you know what you are. Jesus fucking christ stop Googling and do some real world research.

Short Hand · 09-04-2004, 02:19 PM

it was theory i was offering up on your idea of the deficit being a good thing". rolleyes: rolleyes:

Pyro · 09-04-2004, 02:29 PM

[quote="Mr. maple":d718d][quote="Mr.Buttocks":d718d][img]http://jmc7.pwp.blueyonder.co.uk/Images/asshole.jpg[/img][/quote:d718d]

haha fucking nazis[/quote:d718d]

Short Hand · 09-04-2004, 02:30 PM

[quote=Pyro][quote="Mr. maple":18625]

Quote:

Originally Posted by "Mr.Buttocks":18625

[img]http://jmc7.pwp.blueyonder.co.uk/Images/asshole.jpg[/img]

haha fucking nazis[/quote:18625][/quote:18625]

I thought it was a good pic aswell.

Proteus · 09-04-2004, 02:59 PM

[quote="Mr.Buttocks":7c51c][img]http://jmc7.pwp.blueyonder.co.uk/Images/asshole.jpg[/img][/quote:7c51c]

ShortHand must have beat off to that pic.

Short Hand · 09-04-2004, 03:00 PM

i did., between Dubta's smile and that sexy mustache.

Chappy · 09-04-2004, 03:08 PM

read: Pyro and Shorthand, I respect your right to have an opinion that isn't the same as mine but it is so tiring to read the same stuff over and over from you guys. You arent adding anything new and constructive to the argument; in other words, we know how you feel about the current administration, enough said.

Pyro · 09-04-2004, 03:12 PM

All I did this entire thread was quote a picture. I have not said a word yet.

MrLevinstein · 09-04-2004, 03:16 PM

Quote:

Originally Posted by fagr0

All I did this entire thread was quote a picture. I have not said a word yet.

And then!

Quote:

Originally Posted by Pyro

STFU Noctis. Bush will be the downfall of America.

Not a fucking word outta you eh?

I can see how you think bush and hitler are the same, I mean you guys only appear to have the most jaded media since nazi germany.Short, Its not your fault that youre a dumb overgrown pea brained cambodian kid adopting, priorly drug using ahhhnold want to be, its the medias fault. Remeber Short, the media is only half the reason why youre a douchebag rolleyes:

Short Hand · 09-04-2004, 03:17 PM

this is the first political thread i have gotten really involved in in a long time here buddy. Spare me your shit. + i kept it civil. rolleyes:

Pyro · 09-04-2004, 03:18 PM

Quote:

Originally Posted by MrLevinstein

Quote:

Originally Posted by fagr0

All I did this entire thread was quote a picture. I have not said a word yet.

And then!

Quote:

Originally Posted by Pyro

STFU Noctis. Bush will be the downfall of America.

Not a fucking word outta you eh?

I can see how you think bush and hitler are the same, I mean you guys only appear to have the most jaded media since nazi germany.Short, Its not your fault that youre a dumb overgrown pea brained cambodian kid adopting, priorly drug using ahhhnold want to be, its the medias fault. Remeber Short, the media is only half the reason why youre a douchebag rolleyes:

That had to do with Noctis and egging him on cuz he mentioned my name at the start.