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Thread: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by Bruv View Post
    China ?
    China=poor for most of the last 100 years until, they began adopting pro capitalistic policies and their economy began to grow...they also leech off of a massive trade imbalance with the US. Take that away and see what happens to them. Trump's gonna fix the imbalance. They are still poor at that, but doing better than they were thanks to capitalism, not socialism.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by xfrodobagginsx View Post
    China=poor for most of the last 100 years until, they began adopting pro capitalistic policies and their economy began to grow...they also leech off of a massive trade imbalance with the US. Take that away and see what happens to them. Trump's gonna fix the imbalance. They are still poor at that, but doing better than they were thanks to capitalism, not socialism.
    America ?




    (Is this going around in circles?)
    I thought I knew more than this until I opened my mouth

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by Bruv View Post
    America ?




    (Is this going around in circles?)
    Largest Economy in the world by a MILE. Capitalism built America. Socialism has been choking our economy for the past few decades.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by xfrodobagginsx View Post
    Largest Economy in the world by a MILE. Capitalism built America. Socialism has been choking our economy for the past few decades.
    Indebted to the largest Socialist country in the world........by a kilometer ?

    (Bet at least some of your device was imported from the Socialist mega power)
    I thought I knew more than this until I opened my mouth

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    is IF YOU WANT TO ACCEPT JESUS'S GIFT OF SALVATION, PRAY THIS FROM YOUR HEART:“DEAR LORD JESUS, I BELIEVE YOU DIED AND ROSE FROM THE DEAD FOR MY SINS. PLEASE COME INTO MY HEART AND FORGIVE ME FOR MY SINS, I NOW RECEIVE YOU IN JESUS NAME AMEN.”
     
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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by Bruv View Post
    Indebted to the largest Socialist country in the world........by a kilometer ?

    (Bet at least some of your device was imported from the Socialist mega power)
    Only because the labor is cheap and the US Government has encourage outsourcing by raising taxes too high. Trump's gonna lower taxes and encourage these companies to come back to America.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by xfrodobagginsx View Post
    Only because the labor is cheap and the US Government has encourage outsourcing by raising taxes too high. Trump's gonna lower taxes and encourage these companies to come back to America.
    OK.....................right.

    And you swallowed it hook line and sinker ?
    I thought I knew more than this until I opened my mouth

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by Wandrin View Post
    But my point still stands. If the workers are better paid - they buy things, which creates more jobs.
    Theoretically, perhaps. But that's the point. The things that they buy are the things that are made by the robots. Buying more things just creates a demand for more robots. But then you come back to the beginning of the loop. For the worker to be better paid he must first have a job. But the job is being taken by the robot. The only ones who really benefit are the upper echelon who own the robots.

    A successful economy works as a Socialist circle. Person A buys goods or services from Person B who, in turn buys goods or services from Person C, who then buys goods or services from Person A, etc. However, under a Capitalist society, Person A buys goods or services from Person B, who buys goods or services from Person C - who squirrels it all away in a Tax Haven.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by xfrodobagginsx View Post
    Only because the labor is cheap and the US Government has encourage outsourcing by raising taxes too high. Trump's gonna lower taxes and encourage these companies to come back to America.
    Yes, Donald Trump is going to encourage Chinese companies to "return" to America, a country they were never a part of and never left.

    Do you follow exchanges and read what you type?

  9. #69
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    is IF YOU WANT TO ACCEPT JESUS'S GIFT OF SALVATION, PRAY THIS FROM YOUR HEART:“DEAR LORD JESUS, I BELIEVE YOU DIED AND ROSE FROM THE DEAD FOR MY SINS. PLEASE COME INTO MY HEART AND FORGIVE ME FOR MY SINS, I NOW RECEIVE YOU IN JESUS NAME AMEN.”
     
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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by Bruv View Post
    OK.....................right.

    And you swallowed it hook line and sinker ?
    You bet I did. I can also see that historically, Capitalism works, Socialism does not.

  10. #70
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    is IF YOU WANT TO ACCEPT JESUS'S GIFT OF SALVATION, PRAY THIS FROM YOUR HEART:“DEAR LORD JESUS, I BELIEVE YOU DIED AND ROSE FROM THE DEAD FOR MY SINS. PLEASE COME INTO MY HEART AND FORGIVE ME FOR MY SINS, I NOW RECEIVE YOU IN JESUS NAME AMEN.”
     
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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

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