sbird1 wrote:You bring up very good points, sir. Compared to China, yes, there is trouble brewing ahead. But comparing the US and China is not a good measure of how the US economy is doing on a worldwide scale. China owns a lot of debt in a lot of different countries. I believe that China's rise has been too fast and is too unstable.
I share your opinion on China's economy. As strong as they are at first look, most fail to appreciate that they are predomonantly and export economy with little internal creative energy. If American consumers are removed from from their figures through economic collapse or hostile actions of our government, ie tariffs, the Chinese economy crashes like a new drifter. They do not have our rediculous debt, though and have been more astute in preparing for the coming crash, though. they will hurt, but not as much as us.
sbird1 wrote:Personally, if I was you, I would keep my happy a** in Japan for a while. We can debate this topic all day. Let's just try and keep this god-forsaken country afloat and try not to get destroyed. What this country needs is about a 75% reduction in government size. You can't do that without cutting budgets, and you'll have to make cuts in "mandatory spending". That means you're going to cut one or more of the following: social security, medicare, medicaid, and national defense.
Definitely. I would like to see our foreign adventures in Iraq and Afghanistan halted immediately and our troops brought home. That should save quite a bit of money, but there is the problem of a lot of people suddenly injected into a stagnant job market. Not good. I'm no Keynsian, and I don't share the godlike impression of Roosevelt, but I think some of the new deal public works projects seen during the depression would do a lot of good. We could employ so many people rebuilding our infrastructure. The people doing the work of course, but also reigniting demand for steel, machinery, technical expertise, management, a myriad of support industries etc. Those people with jobs then ignite demand for domestically-produced consumer goods that put yet more Americans back to work.
sbird1 wrote:Anything you cut is going to be unpopular and is sure to not get you re-elected. Cutting our socialized programs is the only way (in my mind) to really make a difference in the US. Social Security pisses me off. SUPPLEMENTAL security income. NOT a government paycheck to live on....
We have an entitlement mentality in America. I don't think anybody in power has the will or interest to do what needs to be done.
sbird1 wrote:Anyway, the US is a service driven economy, so the fact that we are loosing much of our industry to other nations is not surprising. Our labor is too expensive. Because we aren't manufacturing like we used to, I believe that is a leading cause to the decline in math and science fields in the US. The money today is in business. Business is an "easy" degree that holds almost as much income potential as math and science fields. Americans are lazy and want to make the buck that fastest, easiest way possible. Business fields allow you to do that.
No argument here.
sbird1 wrote:As for Americans not embracing privatized government institutions... Americans are dumb and frustrate me more and more every day. You know what. You're right. Americans and the dumb people we "elect" are going to run this country into the ground because of lack of common sense and a dependence on the government.
It depresses me every day. Look at the way people march into body scanners on command.
sbird1 wrote:Like the Dead Kennedys said, "Kill the poor". Economic woes solved.
I feel like I'm rambling now. Whatever.
I prefer Motorhead's idea, eat the rich.
