Economics Thread

[thethe]

Are we ever going to address the inconsistency of pushing “free trade” outsourcing jobs and complaining about our welfare state?

 

[chop2chip]

Yes trump forced the conversation and made people recognize that the “free trade” we have is a farce.

I mean you’re talking with a bunch of people who love Ron Paul (including one with him as their profile picture). We’ve been preaching this stuff since the aughts brother.

I think the difference here is some of us want more free trade and others want less.

 

[mqt]

They are also not “leftist” in nature. They aren’t libertarianism and traditional conservative either.

If taxing the ever-loving piss out of businesses and taking a financial stake in major companies isn’t leftist in nature, I don’t know what is. The only Democrat supporting Trump’s economic policies is Bernie Sanders. Trump keeps telling companies to stop chasing profits. Up is down, down is up.

 

[thethe]

If taxing the ever-loving piss out of businesses and taking a financial stake in major corporations isn’t leftist in nature, I don’t know what is.

“Taxing” lolololol

How about a penalty for being successful due to the American infrastructure/market while you hollow out all its industry at the same time?

 

[thethe]

I mean you’re talking with a bunch of people who love Ron Paul (including one with him as their profile picture). We’ve been preaching this stuff since the aughts brother.

I think the difference here is some of us want more free trade and others want less.

Some of us don’t want Americans who were left behind because of cheap labor to live a miserable existence.

But hey - I’m not the one that wants to slash welfare while pushing for as much free trade outsourcing as possible.

 

[mqt]

“Taxing” lolololol

How about a penalty for being successful due to the American infrastructure/market while you hollow out all its industry at the same time?

If you want to get really freaky and have a conversation about Private Equity reform, I, a leftist, will be happy to oblige. That’s the point.

 

[thethe]

If you want to get really freaky and have a conversation about Private Equity reform, I, a leftist, will be happy to oblige. That’s the point.

PE system needs to be reformed from a gain recognition perspective for sure. Start in real estate for one. Concentrations of capital are not good for the everyday person. It’s great from an aggregate measure perspective which is where lots of Ls hide.

 

[chop2chip]

Some of us don’t want Americans who were left behind because of cheap labor to live a miserable existence.

But hey - I’m not the one that wants to slash welfare while pushing for as much free trade outsourcing as possible.

We share the same goal. I want us to live in the most prosperous country possible. I want people to be happy and to consume whatever they’d like and I want them to be able to afford that.

I admire that you also want these things. But I think the policies you want won’t result in those outcomes. I hope I’m wrong.

 

[thethe]

We share the same goal. I want us to live in the most prosperous country possible. I want people to be happy and to consume whatever they’d like and I want them to be able to afford that.

I admire that you also want these things. But I think the policies you want won’t result in those outcomes. I hope I’m wrong.

But how do you reconcile pushing policies that remove jobs from low skilled workers and then say we need to slash welfare while also arguing you want people to be happy?

You don’t see the issue here?

 

[mqt]

PE system needs to be reformed from a gain recognition perspective for sure. Start in real estate for one. Concentrations of capital are not good for the everyday person. It’s great from an aggregate measure perspective which is where lots of Ls hide.

But you need to recognize that you’re not caucusing with conservatives on these policies. If the mainstream left actually understood why they opposed Trump’s policies, they’d have a lot of different policies going forward. I don’t think Trump is saying *nothing* of value on corporations and profit-seeking, but I diverge from the left, and by extension tariffs, because I don’t think stymieing job creators through excess taxation is productive, and I believe pretty firmly in the laws of supply and demand.

 

[thethe]

But you need to recognize that you’re not caucusing with conservatives on these policies. If the mainstream left actually understood why they opposed Trump’s policies, they’d have a lot of different policies going forward. I don’t think Trump is saying *nothing* of value on corporations and profit-seeking, but I diverge from the left, and by extension tariffs, because I don’t think stymieing job creators through excess taxation is productive, and I believe pretty firmly in the laws of supply and demand.

Global corporations are not American and they shouldn’t be given any preference at all against those that are strictly American and enrich American workers.

I believe in borders. We are not simply an economic area.

 

[chop2chip]

But how do you reconcile pushing policies that remove jobs from low skilled workers and then say we need to slash welfare while also arguing you want people to be happy?

You don’t see the issue here?

I know this thought has never once crossed your mind but maybe it’s because I don’t think these policies you support will create jobs for low skilled workers and slash the welfare state.

 

[mqt]

Global corporations are not American and they shouldn’t be given any preference at all against those that are strictly American and enrich American workers.

I believe in borders. We are not simply an economic area.

American corporations are generally the biggest and most predatory of the bunch. It’s not foreign influence that’s driving a suppression of wages or benefits for American workers. Our own corporate overlords are plenty capable of not letting genuine wealth trickle down.

 

[sturg33]

Global corporations are not American and they shouldn’t be given any preference at all against those that are strictly American and enrich American workers.

I believe in borders. We are not simply an economic area.

And yet its the global corporations who seem to be able to pay their way out of these tarrifs and the small businesses are left to.shutter.

Nobody can crush small business the way Trump has in both terms

 

[thethe]

I know this thought has never once crossed your mind but maybe it’s because I don’t think these policies you support will create jobs for low skilled workers and slash the welfare state.

But your policies create jobs for those workers and gets them off welfare? How’s that worked for the last 50 years?

 

[thethe]

American corporations are generally the biggest and most predatory of the bunch. It’s not foreign influence that’s driving a suppression of wages or benefits for American workers. Our own corporate overlords are plenty capable of not letting genuine wealth trickle down.

Yes corporations that have become global ergo global corporations. They simply don’t care about American workers

 

[chop2chip]

But your policies create jobs for those workers and gets them off welfare? How’s that worked for the last 50 years?

Our countries done quite well my dude. At least in comparison to the countries with whom your policies are emulating

 

[thethe]

Our countries done quite well my dude. At least in comparison to the countries with whom your policies are emulating

Whose policies are we implementing? How do those countries compare to America?

Yes our country has done quite well in the aggregate. Sucks there is a massive growing underbelly that barely has their head over the water.

 

[acesfull86]

I know this thought has never once crossed your mind but maybe it’s because I don’t think these policies you support will create jobs for low skilled workers and slash the welfare state.

This is the part where MAGA would point to an example of this working somewhere (anywhere) else. But they can’t. Because one does not exist.

 

[mqt]

Yes corporations that have become global ergo global corporations. They simply don’t care about American workers

That’s just describing the companies that won under our system. They didn’t get this way by becoming global, they became global by being this way.