American Politics

[Elvis 2008]

Spoken by a person that has never met a payroll in his life.

The businessman does not do it all alone. But the fact is the government does not produce anything productive. FULL STOP!.

Government only has the ability to reallocate capital confiscated from the hard working businesses and workers. PERIOD.

You are presenting a chicken and egg scenario: Which came first the productive business or the government to tax the productive business?

Basic questions for you: Where does government get the money to do the projects that provide for greater productivity? Why do they do the projects in the first place? Does the government know how to deploy capital better than the average business person? Why is the Social Security System in the (Dis) United States of America not funded with a sovereign wealth fund?

I will rest at this point and allow you to respond.

SC, I agree with you. Also, when I was making fun of your currency arguments, I did not know you were talking crypto.

First off, crypto is often synonymous with bitcoin, and that is a mistake. Most crypto is bullshit but I have kicked the tires on bitcoin, and I cannot see any huge flaws with it.

The reason I was making fun of you on currencies is that JusTK was doing as he always does and bashing the USA and the dollar. Thing is if you look at all the world currencies they are worse than the dollar because the supply of said currency has been increased even more than the dollar. The biggest economy in the BRIC is China, and they have been printing money the likes of which the world has never seen. The Chinese have built so many empty apartments it is up to some crazy number. It was something like they could house everyone in Asia twice. It was something outrageous like that, and price: income ratios for housing in China are the highest in the world. Their economy is set up for an epic collapse.

The other thing the anti-dollar people are always hawking is gold. Platinum is 30 X rarer than gold yet gold has been twice the price of platinum due solely to the hype. So when people hawk gold, I ask why are you not buying platinum instead? And they are so stupid they do not have an explanation, but they think they are geniuses when gold goes up. They think they are smart when in reality they just won a completely random bet.

Thing about bitcoin though is unlike currencies the number of bitcoin are fixed. I think anyone trading in bitcoin is fucking nuts. That is gambling pure and simple. However, if you hold bitcoin as a store of value in case the American economy blows up and as an alternative to the ever increasing number of dollars, that makes sense to me. And if that is what you are doing SC, I apologize for dismissing your notion that you were seeking a viable alternative to the dollar. I thought you were on the team of nuts pushing the Chinese Yuan / BRIC currency thing.

[Elvis 2008]

I'll take that as another, "I can't explain it. It is only BS, really. But I have nothing else to gripe over Biden about" response from you.

I'll take that over anything Trump has done even if it accidentally and most certainly unintentionally benefitted someone other than him, his family and America's enemies and adversaries.

You keep wanting to win arguments Tooms. You do not live here. You are thinking the press is against Democrats, and that is why you are a loon Tooms. For those of us in the real world, here was an interview with the executive editor of the NYTimes.

https://www.youtube.com/watch?v=ibRnawBs7J8

When Ben Smith at Semafor asked Kahn about former Obama official Dan Pfeiffer's complaint that the Times does not "see their job as saving democracy or stopping an authoritarian from taking power," Kahn went ballistic.

"I don't even know how it's supposed to work in the view of Dan Pfeiffer or the White House," Kahn snapped. "We become an instrument of the Biden campaign? We turn ourselves into Xinhua News Agency or Pravda, and put out a stream of stuff that's very, very favorable to them and only write negative stories about the other side? And that would accomplish what?

"There are people out there in the world who may decide, based on their democratic rights, to elect Donald Trump as president," Kahn told Smith. "It is not the job of the news media to prevent that from happening. It's the job of Biden and the people around Biden to prevent that from happening. ".

End of link.

So this whole notion that the reason Biden is not winning on the economy issue because of the press is sheer bullshit. In fact, the press is pushing back. The Biden administration has been bullying the press and they are fucking sick of it.

Biden is no longer a breath of fresh air, a rational alternative to Trump but a senile old guy who is losing his marbles and is a lying, power hungry bully. And you can post all the numbers you want about how great things are, but no one living here believes them.

I don't have to make any case. You do because you are losing on the issue.

[EihTooms]

Dwight D. Eisenhower

He was left off the list of Republican Presidents. I know why. Does not fit the narrative.

I know Biden is hostile to crypto. Trump does not need to be pro crypto. Only needs to rein in the current attack dog at the SEC. Congress has already started to put them in check. A President Trump will have the ability to appoint a head of the SEC or have crypto regulated by another agency. CTFC would be better. They know what they are doing. Crypto is not monolithic. The SEC is currently playing dirty with crypto to support political agendas of the current administration.

The defense rests!

What list of Republican presidents was that?

Of course, Eisenhower would be on the list of presidents who presided over notable Recessions. Only in his case his economic policies and stewardship did not produce one Great Recession, which is extremely rare for a Repub president. Instead, there were 3 Recessions during his eight year presidency, any two of which combined were greater than the middling one under Truman and the one that barely qualified as a recession under Carter.

Still, he accomplished his economic requirement to garner respect as a Repub president; he ranks dead last on Job Creation among all two term presidents since 1933:

https://www.statista.com/chart/21137...the-most-jobs/

Imagine how atrocious his job creating record would have been if he hadn't been convinced to continue with the FDR New Deal plan to build the Interstate Highway system that was put on hold during WWII. Members of Congress first had to convince him it was a "Defense Department" project and not really a project to create jobs on construction and even more jobs and better USA infrastcture for the future. Otherwise it is doubtful he would have been pulled away from solidifying our full military commitment in word, deed and treaty to waging war in Vietnam to give it much thought.

[SubCmdr]

Dwight D. Eisenhower

He was left off the list of Republican Presidents. I know why. Does not fit the narrative.

I know Biden is hostile to crypto. Trump does not need to be pro crypto. Only needs to rein in the current attack dog at the SEC. Congress has already started to put them in check. A President Trump will have the ability to appoint a head of the SEC or have crypto regulated by another agency. CTFC would be better. They know what they are doing. Crypto is not monolithic. The SEC is currently playing dirty with crypto to support political agendas of the current administration.

The defense rests!

[SubCmdr]

Are not "a national highway system or a dam that creates infrastructure that allows for greater productivity" something valuable that the government is producing? Should you be paying for it through taxes? Please stop with this crazy mythos that the individual business owner can do it all alone. He benefits from the law and order that governments underwrite; an educated workforce that the governments have a hand in producing; a transport network; etc. ,.

Spoken by a person that has never met a payroll in his life.

The businessman does not do it all alone. But the fact is the government does not produce anything productive. FULL STOP!.

Government only has the ability to reallocate capital confiscated from the hard working businesses and workers. PERIOD.

You are presenting a chicken and egg scenario: Which came first the productive business or the government to tax the productive business?

Basic questions for you: Where does government get the money to do the projects that provide for greater productivity? Why do they do the projects in the first place? Does the government know how to deploy capital better than the average business person? Why is the Social Security System in the (Dis) United States of America not funded with a sovereign wealth fund?

I will rest at this point and allow you to respond.

[EihTooms]

Oh stop. You Democratic douches with your "master scientist: Fauci shut down the economy to get Trump out of office, started the economy back up again when cases were at an all time high, created enormous debt, and are like, "Look it how great our economy is. Look at how many jobs we created. ".

You throw people out of work with Trump. They get rehired when Putin ends the pandemic and you all are like, "Look at how awesome we are. ".

No one is buying your bullshit on this or these stupid fucking court cases.

https://www.youtube.com/watch?v=JbiFFbxw9e4

You think this many people would show off if Biden's economy were with a shit?

Where is Biden's rally like this?

I'll take that as another, "I can't explain it. It is only BS, really. But I have nothing else to gripe over Biden about" response from you.

Biden's rally? 7 million more people voted for Biden than Trump.

That is more people than showed up in or near (for other reasons) all of Trump's rallies combined since he started having rallies almost a decade ago.

That is also more than the net gain in jobs created by Repub potus' economic policies since the day Lincoln was elected.

I'll take that over anything Trump has done even if it accidentally and most certainly unintentionally benefitted someone other than him, his family and America's enemies and adversaries.

[Elvis 2008]

Still waiting for your explanation for how Biden's historic and stronger than any other country's economic recovery from Trump's Pandemic.

Oh stop. You Democratic douches with your "master scientist: Fauci shut down the economy to get Trump out of office, started the economy back up again when cases were at an all time high, created enormous debt, and are like, "Look it how great our economy is. Look at how many jobs we created. ".

You throw people out of work with Trump. They get rehired when Putin ends the pandemic and you all are like, "Look at how awesome we are. ".

No one is buying your bullshit on this or these stupid fucking court cases.

https://www.youtube.com/watch?v=JbiFFbxw9e4

You think this many people would show off if Biden's economy were with a shit?

Where is Biden's rally like this?

[EihTooms]

Sorry to Trigger some dumbAsses here-- DJT shall Be Your Next President-- Get Used to THat. If this post causes you to break down-- Please try do not hurt anyone or yourself--Call 9-1-1.

Red Tsunami, right?

[SubCmdr]

Crypto has become a wedge issue Those politicians on the wrong side of the issue better recognize.

https://www.forbes.com/sites/digital...h=7f7dc894548b

[EihTooms]

Government produces nothing. Business owners and the people that work for them create the economy. POTUS has nothing to do with economic cycles or progress. Sometime they have a great idea (or copy one from other country) and builds a national highway system or dam that creates infrastructure that allows for greater productivity. Otherwise both parties just rob from those who are actually productive.

President's run on proposals for the economy. When elected, they generally submit many or most of those proposals to Congress as content for economic legislation, tax policy, increased or decreased regulation, government spending, budgets and so on. If those rules, laws and focus on tax dollar spending have no effect on the USA economy, that would be shocking news to virtually every investor and business entrepreneur in the country and a sizable number of them outside the country.

The Democratic Party and the Republican Party have notably different approaches to supporting and encouraging national economic stability and / or growth. Those differing approaches are without exception in modern times proposed, fought for and passed in budgets and legislation by whoever is president. So too is the president's response (or not) to whatever economic problem (or opportunity) looms in the near horizon.

That being the case, it is no wild coincidence, bizarre "economic cycle" or pro Dem / anti Repub magic that every Great Depression, Great Recession and Massive Jobs Destruction and none of the historic opposites of those results in the past 100 years have all occurred under and as a direct response to economic policy and stewardship of Repub presidents while in those same 100 years none of those historic declines have occurred under Dem presidents but only the historic boom times and job gains. And that is regardless whether a prez of each party serves 4 years, 8 years, 12 year or 16+ consecutive years (Harding / Coolidge / Hoover, FDR / Truman, Reagan / Bush1). Therefore, so much for that bizarre "economic cycle" excuse.

The reason is that Repub economic policies and stewardship as exemplified and directed by the Repub potus produces crap results while those of the Dem potus produces far superior results. Practically without so much as a 1 year exception.

Presidents matter. A lot. Anyone who does not think so is certainly welcome to "stand back and stand by" without voting from now on with my blessing even though they don't need it.

BTW, I would not hold my breath waiting for a potential future so-called president Trump to do anything helpful or positive for you or anyone else on this site or in the USA on the matter of crypto or anything else. Unless your name is Putin, Xi, Kim or you are currently serving prison time for storming the Capitol, attacking and trying to kill cops in order to overturn a free and fair election and overthrow American democracy.

He did nothing regarding crypto the last time. That is only an empty Trump campaign "suggestion" or promise made to gin up minority and youth voter support, the demos most interested in the crypto thing.

File it in the same BS folder as him building a wall and making Mexico pay for it, proposing and passing ANYTHING for 4 consecutive years of Infrastructure Week, getting at least 1 net gain job created instead of 1 million fewer jobs created for the $2. 5+ Trillion he added to the deficit with his one and only idiotic Repub tax cuts and jobs act legislation (I assure you a Dem President's policies would have created Millions and Millions of Jobs with higher wages for that $2. 5 Trillion expenditure), that his trade war with China would be great for USA manufacturing and Agro (he had to send them emergency welfare checks just to keep them afloat. As president. Before Trump's Pandemic), and, of course, that highpoint of Trump / Repub presidential economic and national security policy and stewardship campaign promise of being "the greatest job creating president of all time" by defunding and removing the highly regarded Early Warning / Pandemic Prevention teams from those Chinese labs in 2018 and 2019 against dire expert warnings not to do something so dangerous and stupid.

[ErsatzJulian]

Government produces nothing. Business owners and the people that work for them create the economy. POTUS has nothing to do with economic cycles or progress. Sometime they have a great idea (or copy one from other country) and builds a national highway system or dam that creates infrastructure that allows for greater productivity. Otherwise both parties just rob from those who are actually productive.

Are not "a national highway system or a dam that creates infrastructure that allows for greater productivity" something valuable that the government is producing? Should you be paying for it through taxes? Please stop with this crazy mythos that the individual business owner can do it all alone. He benefits from the law and order that governments underwrite; an educated workforce that the governments have a hand in producing; a transport network; etc. ,.

[SubCmdr]

Government produces nothing. Business owners and the people that work for them create the economy. POTUS has nothing to do with economic cycles or progress. Sometime they have a great idea (or copy one from other country) and builds a national highway system or dam that creates infrastructure that allows for greater productivity. Otherwise both parties just rob from those who are actually productive.

[Woodman09]

Sorry to Trigger some dumbAsses here-- DJT shall Be Your Next President-- Get Used to THat. If this post causes you to break down-- Please try do not hurt anyone or yourself--Call 9-1-1.

[ErsatzJulian]

So everything good going on in the USA is because of Biden and everything bad is not his fault? LOL. Yeah, that is a Democratic douche line if I have ever heard him.

In that case, can you list all the bad things going on in the US because of Donald Trump then?

[EihTooms]

So everything good going on in the USA is because of Biden and everything bad is not his fault? LOL. Yeah, that is a Democratic douche line if I have ever heard him.

And higher taxes are good? LOL. They are good for people living on the dole. Anyone actually paying taxes is skeptical the government is going to call them rich and up their tax bill. And paid sick leave? Yeah, that is popular for the people getting it but not the majority having to pick up the slack. Biden has fought industrialization every step of the way. And since when has child care gotten more affordable with Biden? That is news to me.

And of course, Biden's ridiculous budget, printing up money and sending it abroad, and running trillion dollar deficits, and the inflation that it brought with it are not his fault? Yeah, we know from Biden that he thinks excessive government spending does not cause inflation, but his record shows clearly that it does.

The heart of the Texas economy is energy production, specifically oil and natural gas. Outside of Saudi Arabia and Russia, Texas produces more oil than any country in the world. And Biden has made it clear he wants that economy destroyed. Instead of discussing production with American companies, Biden drained the SPR and tried to cozy up to Saudi Arabia and Venezuela. The youtube site liberal hivemind had one time for its meme of the day had two gas stations near the state line, one in Nevada and one in California, with its respective prices. You do not need to guess which one was $6+ a gallon and which was $3+. $6+ a gallon gas is the wet dream of Democrats and Biden has shown it.

So the oil industry boom and reindustrialization, which is mostly happening in Northern Mexico and Southern red states, is happening because businesses are moving production back to the USA and away from China post-Covid because business learned Chinese supply lines were not dependable. The only credit Democrats should take for this is how they exacerbated this issue with their stupid lockdowns. Like with oil hiring, these are typically high carbon producing businesses that Democrats have said that they do not even want.

So I would answer the question the same was as everyone else. The Texas economy is doing fine after 2022. No shit there. The pandemic ended. But at the federal level, things are fucked up. I suspect car insurance is up because of so many illegal immigrants are making claims. The price of eggs and rent is up because of the money printing. Biden's answer to everything is throw money at it.

And now you have the lawfare campaign. OMFG. Using a lying porn star who talks to the dead to try to rig a presidential election? There was at least the illusion of faith that our criminal justice system was fair. That illusion no longer exists. It no longer matters what the rule of law is. All that matters is who the prosecutor and judge are. The smell of that bullshit, which every day shows us that Biden was behind, is not going to go away for decades if ever.

Still waiting for your explanation for how Biden's historic and stronger than any other country's economic recovery from Trump's Pandemic caused the initial and ongoing Inflation occurring all around the globe.

Next you'll be telling us Hunter Biden's dick pics caused Hamas to ignore Bibi's Wall and commit a terrorist attack on Israel.