It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by neo96
Wow!
Out of control "capitalism" how about out of control socialism,communism,marxism where more than 150 million people would perish without government assistance.
A nation where there are 65 million alone on SS, near 50 million on welfare then add free homes,free educations,healthcare and where half of this nation has zero tax liability.
Yeah history has repeated if anything this nation is more socialist,and communist than capitalist.
Yeah people run around on here and saying "there are some who do not know what socialism,communism is" when you expect other people to pay for your existence, and do not return that money back in to the system might was well be called socialist,or communism,.
Because the people do not control that government check those people who they elect and promises them money for their votes.
Originally posted by SeekingAlpha
So what does the French Revolution, Chinese Revolution, Russian Revolution, and the current US economic model all have in common?
Answer: Out of control capitalism that created a huge economic divide between the rich and the poor.
You look at all of these situations, things such as deregulation, price gouging, laws benefiting the rich, and taxes that benefit the rich were all implemented to cater a select few while the rest of society is left fend for themselves. Under the propaganda machine of the right, all of this is being done today under the brainwashing term of "freedom" and supposedly the "constitution."
Originally posted by SeekingAlpha
How's this, I agree with you. But your average right leaning "conservative" is much more susceptible to this just because they fill themselves with their version of propaganda BS on a daily basis. It's really a cult like following.
reply to post by yellowsnow
Yeah history has repeated if anything this nation is more socialist,and communist than capitalist.
There is some dispute among scholars about where along the left/right spectrum that fascism resides.[36][37][38][39] Fascism is commonly described as "extreme right"[40][41] although some writers have found placing fascism on a conventional left-right political spectrum difficult.[42] There is a scholarly consensus that fascism was influenced by both left and right, conservative and anti-conservative, national and supranational, rational and anti-rational.[37] A number of historians have regarded fascism either as a revolutionary centrist doctrine, as a doctrine which mixes philosophies of the left and the right, or as both of those things.[38][39] Fascism was founded during World War I by Italian national syndicalists who combined left-wing and right-wing political views.
An authoritarian and nationalistic right-wing system of government and social organization.
People trying to split hairs same authoritarianism which in a nut shell describes socialism
Man, I wish republicans could force history to repeat itself. I wish we could relive 1981 in 2013 and see Reagan defeat Obama (Carter Jr.) this time and lead the nation back to the most prosperous peacetime economy in history.
Originally posted by seabag
reply to post by SeekingAlpha
Man, I wish republicans could force history to repeat itself. I wish we could relive 1981 in 2013 and see Reagan defeat Obama (Carter Jr.) this time and lead the nation back to the most prosperous peacetime economy in history.
Based on your skewed view of reality and lack of understanding about capitalism displayed in the OP you'd probably argue that Reagan sucked.
If conservatives could make history repeat itself that's what you'd see...8 years of recovery!!
On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years.
• Real economic growth averaged 3.2 percent during the Reagan years versus 2.8 percent during the Ford-Carter years and 2.1 percent during the Bush-Clinton years.
• Real median family income grew by $4,000 during the Reagan period after experiencing no growth in the pre-Reagan years; it experienced a loss of almost $1,500 in the post-Reagan years.
• Interest rates, inflation, and unemployment fell faster under Reagan than they did immediately before or after his presidency.
•The only economic variable that was worse in the Reagan period than in both the pre- and post-Reagan years was the savings rate, which fell rapidly in the 1980s. The productivity rate was higher in the pre-Reagan years but much lower in the post-Reagan years.
Originally posted by seabag
and by the way, expenses incurred from giving tax cuts cannot be considered ‘spending money’.
Originally posted by seabag
reply to post by SeekingAlpha
You’re right…we just need 4 more years of Obama and things will be much better, right?
Let’s look at what Reagan did and you can compare it to the past 4 years of Obama on your own:
On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years.
• Real economic growth averaged 3.2 percent during the Reagan years versus 2.8 percent during the Ford-Carter years and 2.1 percent during the Bush-Clinton years.
• Real median family income grew by $4,000 during the Reagan period after experiencing no growth in the pre-Reagan years; it experienced a loss of almost $1,500 in the post-Reagan years.
• Interest rates, inflation, and unemployment fell faster under Reagan than they did immediately before or after his presidency.
•The only economic variable that was worse in the Reagan period than in both the pre- and post-Reagan years was the savings rate, which fell rapidly in the 1980s. The productivity rate was higher in the pre-Reagan years but much lower in the post-Reagan years.
CATO
You should download and read the full PDF. Liberals don’t understand the difference between ‘spending money’ and ‘strategically spending money’ ...and by the way, expenses incurred from giving tax cuts cannot be considered ‘spending money’.
Some of you will NEVER get it.
Please tell me how what Obama has done IN ANY WAY matches the results achieved by Reagan….I’ll wait!
This is what Republicans actually believe.
Seriously.