What's wrong with Liberals?

Do you understand what credit lines are used for?

With no credit, even companies with enormous positivie balance sheets would likely be screwed because their suppliers and customers DON'T have that.  Credit lines allow for buisiness to occur at its current pace.  If cash only transactions were required the global economy would crash & there would likely be 25% Employment, if that.

If cash only transactions were required the global economy would crash & there would likely be 25% Employment, if that.

I'm not saying that credit is bad, I'm saying that when when rapid credit expansion and excessive use of the printing press is the only thing that is keeping the economy upright then yes, that is a bad thing.

So long as we're willing to live with the lowered standard of living associated with more expensive consumer products, agreed.

Absolutely, but can anyone really say that their standard of living is lower if they have 2 big screen TV's instead of 3?
Really what will be accomplished is we'll all have less junk in our houses and garages. The self-serv storage industry will suffer because we'll all have less clutter and useless, low quality, knick knacks in our houses to the point where we have to rent offsite storage for all the junk.

 the root cause is necessity driven by cheaper competition with unfettered access to US markets

True, so lets close some of that access to our markets.

We love us our Wal-mart and wouldn't pay a penny more to support our neighbors

To a large extent this is also true, but so many use Wal-Mart because there aren't any more decent paying jobs left that people have to pinch pennies. Wall-Mart perpetuates itself.

Bring back manufacturing and industry and people will be able to afford a little more to support the neighborhood stores. Then nice downtown areas and neighborhoods will come back. 

This is so incredibly wrong. Cutting taxes does not create jobs. 

These jobs may no be in America, but someone somewhere will get employed because of this.  It is common sense

Dude, who cares if cutting taxes creates jobs in other countries? The jist of the argument is that cutting taxes does not creats jobs in the USA and that's a fact. Who cares if it creates a job for someone, somewhere else in another country? 

Middle class is dead.  Replaced by people who are willing to work for less in other countries

Thats ridiculous. It doesn't have to be. How can anything good come from eliminating the middle class?  America First! Bleep people in other countries willing to work for less.

Doesn't explain record profits.  Corporations sitting on mountains of cash and making profits hand over fist.  All while the Holy middle class is in peril.

They're making their record profits on the backs of the middle class. Cutting, cutting, cutting. They are not expanding or growing or innovating in any meaningful way. They are simply cutting their way to higher margins.

Dude, who cares if cutting taxes creates jobs in other countries? The jist of the argument is that cutting taxes does not creats jobs in the USA and that's a fact. Who cares if it creates a job for someone, somewhere else in another country?

Cutting taxes along with deregulating/simplifying businesses/industry and throwing up a protective tariff would create jobs in America.


Really just the cutting taxes and protective tariff would do it.

And if you can't get by on $50k a year then you are completely retarded and there is no hope for you anyhow.  Might as well vote democrat.

This is an ignorant statement. 50k per year might be a decent wage in middle America, but it's nothing on the coasts; especially California and the Northeast corridor.

I guarantee you that if all of a sudden the credit line was cut off, both private and public, that there would be a severe hit to both corporate profits and the stock market.

You mean if things got real fair, real quick, people wouldn't like the new reality?

Really just the cutting taxes and protective tariff would do it.

Hell, just tariffs would create some jobs.

This is the reality. 40,50, 60 years ago, this country had primarily a manufacturing economy. People were paid good wages to manufacture things. They could buy a decent house, nice cars, and put their kids through college. Today, we have primarily, a service economy. Walmart and pizza delivery doesn't pay wages sufficient to do the things I just mentioned. Now, even the few remaining jobs that pay good, like software engineers and programmers are being outsourced to India. Things better change quickly or we are going to be a Country comprised entirely of Walmart employees, pizza delivery people, and law enforcement for obvious reasons.

And if you can't get by on $50k a year then you are completely retarded and there is no hope for you anyhow.  Might as well vote democrat.

This is an ignorant statement. 50k per year might be a decent wage in middle America, but it's nothing on the coasts; especially California and the Northeast corridor.

Yup, $50K, seriously? For a family? In the northern VA, DC, Maryland area, that won't get you very much. 

And we're supposed to thank the billionaire overlord Walton family for the "opportunity" to work the cash register at one of their garbage filled dumpsters they call a "big-box" store?  Hahahaha!

Thank you, thank you for the "opportunity"! hahahaha!! What a joke, no wonder a growing majority of the country is shunning the  "Horatio Alger, pull yourself up by your bootstraps" nonsense, while the rich get fatter.  

Yup, $50K, seriously? For a family? In the northern VA, DC, Maryland area, that won't get you very much. 

Here in Oklahoma 50k would allow just one person(husband) to work and the other(wife) to stay at home with the kids.

And Oklahoma would be considered middle America.

pull yourself up by your bootstraps"

Yep, I really love it when trustfund babies give that speech.

no wonder a growing majority of the country is shunning the  "Horatio Alger, pull yourself up by your bootstraps" nonsense, while the rich get fatter. 

I recently read someone else's prediction that I find quite plausible.  More & more jobs will be lost to IT improvements & robotics.  More & More capital will be concentrated into fewer & fewer hands.
They predicted an even more fiercely pitched debate with some more loudly proclaiming the idealist Ayn Rand slogans.  They said eventually the unrest would make the Occupy protests look like a girlscout picnic at a church until eventually a different means of allocation of scaricities would be devised.

I don't see where he's wrong.  I hope he is, somehow.    

More & more jobs will be lost to IT improvements

Speaking from experience here: IT improvements tend to inpact other departments more. Software engineers and programmers have a knack for finding ways to cut costs and faster ways, that take fewer people to do the same job in other departments while suspiciously  never able to find ways to do their own jobs with fewer programmers. That said, as i posted earlier, many of their jobs are now being outsourced to India. Why pay sombody 100k a year to do a job that somebody in India can do for 30k per year remotely.

Is this 1 of dem trick questions?

pull yourself up by your bootstraps"

Yep, I really love it when trustfund babies give that speech

Like the sjitbag Mitt Romney complaining about 47% of the country. Sure, if everyone was the son of a millionaire and Governor of Michigan, there would be less need for social programs.

But this dope is calling out regular citizens for supposedly not trying hard enough? When he didn't have to try at all!  Thats what this trust fund dummy was implying.

Sorry, but not everyone can be born a multi-millionaire.

Sorry, but not everyone can be born a multi-millionaire.

It isn't unreasonable, though, to expect people to at least be able to take care of themselves.

Yup, $50K, seriously? For a family? In the northern VA, DC, Maryland area, that won't get you very much.  

It will get you shelter, transportation and food, thats a lot.

 Thank you, thank you for the "opportunity"! hahahaha!! What a joke, no wonder a growing majority of the country is shunning the  "Horatio Alger, pull yourself up by your bootstraps" nonsense, while the rich get fatter.  

If you don't pull yourself up, who's going to do it?  

They only know Me and Mine; as in "I got mine, to hell with everyone else". 

What's worse the man who get's his, on his own and says that, or the man who doesn't and say's I want yours?

When he didn't have to try at all! 

An asserition, which can not possibly know to be true.