Record low inflation since 2008 says you’re wrong.
Aruba actually.
That’s like a small Chinese village.
Yeah, because it’s fucking stupid.
Like Bryan Adams “rock” or Avril Lavign “rock”?
Some of my ideas work in China. Others work quite well in Germany.
Your ideas are a total failure. You don’t have any solutions except to continue the failed course of exploiting workers and preserving the plutocracy. But then that comes from how little you know about economics.
Tariffs work. Free trade does not.
Rising oil prices, skyrocketing food prices, and the dollar’s chronic loss of value all say I’m right.
But that’s the problem here - your arguments are totally out of touch. You don’t even know what’s happening out there in working class America, or why they’re starting to reject capitalism.
Your answer is always “the polls are wrong”. That’s called living in denial. Americans are tired of workers losing influence in favor of the owners of capital. You’ve seen the rebellions in the Middle East and the riots in Europe. What in the world keeps you thinking that this is impossible here?
I’d like to repost something that you guys seem not to have read when it was posted… but you’ll look back on this some time soon - 10 years at the most - and understand what went wrong with the US and even global economy:
We have 200 million people around the world who are unemployed because power has been stolen from labor by the captains of industry. This situation will end in reform or it will end in fire.
Fine. Then prove it with something other than your bullshit rhetoric. This is Econ 101 stuff.
Stolen? Workers would have NO power and NO jobs if it wasn’t for captains of industry creating them.
I have proven it numerous times with sound and logical facts. Repeatedly. Your responses have always been an endless flood of bullshit arguments that can all be summarized as: denial, denial and more denial. None of the cites I’ve posted were in error, and none of them have contradicted me. Your counter argument has always been, and always will be, blind denial.
And here’s another one out of M.I.T. that explains why labor has lost power and influence in America. Of course, as usual, it requires a healthy dose of denial-of-reality to refute:
Funny, how I, who did not graduate from MIT, also came up with the same conclusions.
If all of this is Greek to you it basically means that our pursuit of free trade is unsustainable. When workers continue to lose power like this it will mean the demise of all nations involved.
Yet another one of your insane, sycophantic arguments. Captains of industry would have no industry if there were no workers. If the captains of industry automated everything they oversaw there wouldn’t be anyone to buy what they’re selling.
So now we get back to what I said about the consequences of workers losing power: without workers, who will be able to buy anything? Who would they have left to sell anything to?
So what were you saying about “Econ 101” again?
Maybe take the plastic off, flip through, look at some of the pictures, perhaps read the chapter on tariffs and international trade.
In 2010 US imports from China were
$ 364,943,800,000
cite
364billion, sound like a lot. In 2010, US imports from all sources were 1,903,000,000,000
$1,903 billion. Meaning China accounts for only a fifth of US imports. Canada and Mexico represent the other two major trade partners.
The trade deficit between US and China was $273billion (2010).
The U.S. Census Bureau reported recently that the U.S. goods and services trade deficit fell from $695.9 billion in 2008 to $380.7 billion in 2009, a decline of $315.3 billion (45.3%).
cite
In 2010 total trade deficit was $495.7 billion.
Wanna guess what makes up the difference? Oil.
“The U.S. non-oil goods trade deficit, which is dominated by manufactured products, fell from $387.8 billion in 2008 to $283.0 billion in 2009, a decline of 27%. China’s share of the U.S. non-oil goods trade deficit jumped from 68.6% in 2008 to 80.2% in 2009.”
What drives real inflation, and eats in to realized income? Oil
What gets mixed with vinegar to make a yummy dressing? Oil
Uh oh, it seems China is intent of driving it’s currency down with the US dollar:
*
"For the first time in seven years, China reported a quarterly trade deficit, as imports soared to an all-time high.
Imports outweighed exports by $1.02 billion in the first three months of the year, China’s government said Sunday. That’s a stark contrast to the country’s $13.01 billion surplus in the same period a year ago."*CNN
“Imports soared 32.6% from a year ago, to a record high of $400.66 billion.”
Wait a second, didn’t Le Jacquelope claim that China raised tariffs? And wasn’t that supposed to prevent a trade deficit? Weren’t China’s tariffs proof that the US should have tariffs too?
Hey look at me, I can post random pdf’s too:
[S]ome trade specialists suggest that the surge of U.S. imports from
China do not pose an additional threat to U.S. industries and workers because it
merely represents a shift of investment and production from other Pacific Rim
countries. China’s share of U.S. imports has been rising while those of other Pacific
Rim nations have been falling or holding steady.
You know, emacknight, while you’re entertaining fantasies of unemployed Americans taking vacations in Spain, the rest of us in America are pondering a wholesale rejection of your brand of capitalism.
Less than 60% of Americans want that system anymore, compared with 75% a year ago.
You continue to deny the upswell in opposition to your worldview - but that’s good. It means you’ll be unprepared when the citizens get sick and tired enough of your “arguments” that we decide to overturn the system.
You just keep denying reality, 'k?
Still a majority, which to me suggests the politicians are doing exactly what the people want.
Some how you present two conflicting numbers: 60% of Americans think free trade is the best system, while you also claim 86% want tariffs.
I’ll admit to being in denial if you can you can at least present a clear picture of me to deny.
You claim China’s economy has improved because it increased tariffs. But they decreased tariffs dramatically and are ramping up imports to the point they now have a trade deficit. The US may be the only country China has a trade surplus with. All the economic growth in China is heavily dependent on imported raw material as well as advanced machinery.
If you didn’t have so many people on ignore you might see all the holes in your argument, and date you’re missing. Like how trips to Spain means the US can have a functioning airline industry, since it’s international flights that generates their profits. Or how nearly 50% of the US trade deficit is the result of oil imports.
I sincerely doubt the owners of capital will survive if this trend does not reverse, and soon:
If that situation illustrated above doesn’t improve, the owners of capital will be putting some skin in the game here soon. Worldwide.
“Overturn the system”? What fantasy world are you living in?
Rush, obviously!
Nickelback obviously. Nobody rocks like Nickelback.
And when the US imposes tariffs on China, that’s all you’ll hear on your $1500 iPods.