One of the main focuses in my book "As America Crumbles..." that, by the way, Amazon forbids advertising because — I kid you not — the book includes "Content that revolves around highly debated social topics," that is the labyrinth of corruption and legalized theft, state-sanctioned propaganda, systemic criminality, while revealing the suppression of dissent and the erosion (even killing) of the First Amendment.
It is only going to get worse given the full-blown criminal state. I wrote that damn book, agonizing over 325 biographical entries, and am still both amazed, amused, and horrified over the open theft.
The increase in GDP per dollar debt increase graph is superb. (It might be interesting to overlay a graph of energy return on energy invested over same period.)
What's really funny about this article is if you look back at oh, lets say beginning at the Reagan years, Then Bush, Clinton, Obama, Trump, Biden, it's like Groundhog Day all over again.
Different Presidents , different parties, same squabbles, with the same results.
This is an argument for doing what Finland has already done, only do it better. This is not an argument for destroying capitalism as an economy.
Unregulated American capitalism & corporations are criminal enterprises which legally “steal” (appropriate) the value of “things” produced by those who work to produce those ‘things’, i.e. products which capitalists & corporations sell at profit.
As long as humans need and want to ‘trade’ (sell) their labor or whatever they produce for wages, capitalism will continue to exist in some form.
But, capitalism can’t stay the same forever. Like all living things, It must evolve to stay alive.
This is an argument for doing what Finland has already done, only do it better.
The Finnish people persuaded their nation’s capitalists to sit down with them at the bargaining table, and negotiate a mutually benefiting agreement. The parties signed the agreement and are and implementing it.
The historic agreement is a revisioned Finnish capitalist economy, one which shares capitalism’s benefits with most if not all Finns instead of a few Finns.
Check it out: “Finland is a capitalist paradise” :
Excellent article. This explains a lot how the economy is doing ‘great’ while everyone is struggling, except the wealthy/donor class. Soon everyone else will need to pay their ‘fair share’ with much higher taxes
Thank you for clearing this up for me. I knew the mainstream numbers had to be missing something important. I am not a money person, but you explained it clearly for me.
I'm one of the millions of people who lived through 40 years of conservative "economists" telling us tax cuts to the wealthy would make everyone richer.
Who told us deficts are the most important thing - except we can't tax rich people. Or when a Republican is president.
Who realized reading clowns like Friedman (who by the way spent the Depression working for the government -- you'd think if the free market was so wonderful he would have tried it) tell us that FDR was wrong and government spending didn't fix the Depression.
But somehow neglected to notice that what absolutely ended every aspect of the Depression was a little government spending project known as WWII. (Keynes was right.)
But no, I don't claim to have a PhD and parrot Steve Forbes. So I guess I can't call myself an expert.
It’s called “Demand-Side Capitalism”. It’s better than Trump’s supply-side $1 trillion income tax cut for corporations & super-rich.
Agreed. There is a marked transition from supply side to demand side economics. This is reflecting that shift.
The OP also fails to realize that TAX CUTS got us most of this debt. Had the GOP not given handouts to corps the debt would be almost nonexistent.
That didn’t happen, but whatever
spot on Peter. GDP is real, but it ain't wealth
One of the main focuses in my book "As America Crumbles..." that, by the way, Amazon forbids advertising because — I kid you not — the book includes "Content that revolves around highly debated social topics," that is the labyrinth of corruption and legalized theft, state-sanctioned propaganda, systemic criminality, while revealing the suppression of dissent and the erosion (even killing) of the First Amendment.
https://www.amazon.com/dp/B0CQR71WN3/
It is only going to get worse given the full-blown criminal state. I wrote that damn book, agonizing over 325 biographical entries, and am still both amazed, amused, and horrified over the open theft.
The increase in GDP per dollar debt increase graph is superb. (It might be interesting to overlay a graph of energy return on energy invested over same period.)
Billshit garbage crap. Lies lies lies. Burn in hell repuke
Please expound.
I already feel like a tax slave, what are my poor grandkids going to feel like? Ugh.
What's really funny about this article is if you look back at oh, lets say beginning at the Reagan years, Then Bush, Clinton, Obama, Trump, Biden, it's like Groundhog Day all over again.
Different Presidents , different parties, same squabbles, with the same results.
If it wasn't so sad it would be hilarious.
28 Jan 24
This is an argument for doing what Finland has already done, only do it better. This is not an argument for destroying capitalism as an economy.
Unregulated American capitalism & corporations are criminal enterprises which legally “steal” (appropriate) the value of “things” produced by those who work to produce those ‘things’, i.e. products which capitalists & corporations sell at profit.
As long as humans need and want to ‘trade’ (sell) their labor or whatever they produce for wages, capitalism will continue to exist in some form.
But, capitalism can’t stay the same forever. Like all living things, It must evolve to stay alive.
This is an argument for doing what Finland has already done, only do it better.
The Finnish people persuaded their nation’s capitalists to sit down with them at the bargaining table, and negotiate a mutually benefiting agreement. The parties signed the agreement and are and implementing it.
The historic agreement is a revisioned Finnish capitalist economy, one which shares capitalism’s benefits with most if not all Finns instead of a few Finns.
Check it out: “Finland is a capitalist paradise” :
https://www.nytimes.com/2019/12/07/opinion/sunday/finland-socialism-capitalism.html
Excellent article. This explains a lot how the economy is doing ‘great’ while everyone is struggling, except the wealthy/donor class. Soon everyone else will need to pay their ‘fair share’ with much higher taxes
Infrastructure: How does it work
You may be an expert on Soviet propaganda, but you don't have a clue how infrastructure works in America, Boris.
Thank you for clearing this up for me. I knew the mainstream numbers had to be missing something important. I am not a money person, but you explained it clearly for me.
Just remember his explanation is based on the same kind of thinking which started with Reaganomics.
Which is how the middle class became the white collar working class.
Does the money paid to the guys repairing roads and bridges spend differently?
I'll keep that in mind. Are you a financial expert as well?
Not exactly.
I'm one of the millions of people who lived through 40 years of conservative "economists" telling us tax cuts to the wealthy would make everyone richer.
Who told us deficts are the most important thing - except we can't tax rich people. Or when a Republican is president.
Who realized reading clowns like Friedman (who by the way spent the Depression working for the government -- you'd think if the free market was so wonderful he would have tried it) tell us that FDR was wrong and government spending didn't fix the Depression.
But somehow neglected to notice that what absolutely ended every aspect of the Depression was a little government spending project known as WWII. (Keynes was right.)
But no, I don't claim to have a PhD and parrot Steve Forbes. So I guess I can't call myself an expert.