Whining about unemployment and promoting dollar idiocy
(David P.)
Newsgroups: sci.econ - 6 Nov 2009
*Anarcissie* wrote:
> [...]
> So, how much further will the funny money go, and then what's next?
The rightarded seem to lack for any solutions at all. Lots of
spinning
and whining and not even a hint of any solutions to the problem.
Very
similar to health care. Nothing in the way of positive policy. Just
whining.
The American dollar must be devalued much further than is the case
right
now. There is no other solution to the problem of middle class decay
in
the United States. We are the only country in the G20 that has a
large
trade deficit. And that deficit is because the American dollar is
still
far too strong. Jobs will not return to America until we stop the
glut
of free trade by a combination of minor protectionism and dollar
devaluation. That same devaluation if accomplished via increased
wages
and social welfare will also fix the Housing/credit problem. Bailing
out
banks is not the solution. Bailing out manufacturing of any kind is
advisable and so to are minor tariffs and policies that insist on
stimulus money being used to "buy American" (or at least to buy NORTH
American).
--
"Those are my opinions and you can't have em" -- Bart Simpson
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(David P.)
Newsgroups: sci.econ - 7 Nov 2009
Michael Coburn wrote
> The rightarded seem to lack for any solutions at all.
Thats a lie. Even the shrub did quite a bit, and the half
white fella mostly just continued with what he had done.
> Lots of spinning/whining & not a hint of any solutions.
Another lie.
> Very similar to health care. No positive policy. Just whining.
Thats more accurate.
> The US dollar must be devalued much further.
Not even possible when the RMB is loosely locked to the USD.
> There's no other solution to the problem of middle class decay in the US.
There is no decay of the middle class, thats another lie.
> We are the only country in the G20 that has a large trade deficit.
Another bare faced lie.
> And that deficit is because the American dollar is still far too strong.
Another bare faced pig ignorant lie.
And since the RMB is loosely locked to the USD, even a very dramatic
devaluation of the USD wont change that trade deficit anyway, in fact
it will make the trade deficit with oil MUCH worse.
> Jobs will not return to America until we stop the glut of free trade
> by a combination of minor protectionism and dollar devaluation.
Another bare faced pig ignorant lie.
The unemployment rate bottomed at 4.x% & the # employed hit an all
time historic high with immense legal/illegal immigration rate, just
before
you clowns completely imploded the entire world financial system,
AGAIN.
> That same devaluation if accomplished via increased wages
> and social welfare will also fix the Housing/credit problem.
Another bare faced pig ignorant lie.
> Bailing out banks is not the solution.
Letting them all go bust would absolutely guarantee another
great depression or worse.
> Bailing out manufacturing of any kind is advisable and so to are
> minor tariffs and policies that insist on stimulus money being
> used to "buy American" (or at least to buy NORTH American).
That approach fucked the economy the last time the clowns
were stupid enough to try it.
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