Its a very straightforward concept and it will work as long as the country has the will to remove 10-20M people who shouldn't be here in the first place.
Economics Thread
- Thread starter sturg33
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Its a very straightforward concept and it will work as long as the country has the will to remove 10-20M people who shouldn't be here in the first place.
Correct - Actions are being done to slow the rise while consumers are getting more purchasing power due to an increase in real wages and lower energy costs.
Hard to unwind the disaster of the last regime so quickly.
acesfull86
Well-known member
https://reason.com/2025/10/23/the-gops-capitalism-is-central-planning-with-maga-branding/
When House Speaker Mike Johnson (R–La.) lashed out at last weekend's "No Kings" rallies soon to arrive on Washington's National Mall, he reached for an old conservative refrain: "They hate capitalism. They hate our free enterprise system."
I am sure he's correct about some of the protesters. But the message rings hollow coming from a party leader that stands by as President Donald Trump does precisely what Johnson rightly decries: substituting political control for market choice and ruling by executive order.
…
Socialism is government control of the means of production. When the government becomes your largest shareholder, that's a strong first step.
The Intel case offends two basic economic truths. First, no group of officials can ever know enough to guide a complex industry better than millions of private investors, engineers, and consumers spending their own money. Second, the power to "partner" with business is the power to control it.
When House Speaker Mike Johnson (R–La.) lashed out at last weekend's "No Kings" rallies soon to arrive on Washington's National Mall, he reached for an old conservative refrain: "They hate capitalism. They hate our free enterprise system."
I am sure he's correct about some of the protesters. But the message rings hollow coming from a party leader that stands by as President Donald Trump does precisely what Johnson rightly decries: substituting political control for market choice and ruling by executive order.
…
Socialism is government control of the means of production. When the government becomes your largest shareholder, that's a strong first step.
The Intel case offends two basic economic truths. First, no group of officials can ever know enough to guide a complex industry better than millions of private investors, engineers, and consumers spending their own money. Second, the power to "partner" with business is the power to control it.
nsacpi
Expects Yuge Games
It should be noted that public-private partnerships have yielded some very important advances. ARPANET is an example. The government (along with the private sector) played a large role in the semiconductor revolution. The human genome project, the Manhattan Project, Operation Warp Speed are some other examples.
acesfull86
Well-known member
MAGA has faith in a guy who allows a tv commercial he doesn’t like to influence his trade strategy
When the comparable nations come in below?
Continuing to hit the under on CPI predictions is not a bad thing though.
acesfull86
Well-known member
nsacpi
Expects Yuge Games
This probably belongs in a different thread. But California is looking ahead and is probably the only state that actually has a public-private partnership on quantum computing. With a plan to preserve their technological dominance when quantum computing technology ripens into the next big thang. Done properly government has a very positive role to play in nurturing these technologies.
Agreed on the other thread based on the impact Quantum will have on the world.
Its very important to ensure dominance in these advanced fields. Government needs to incentivize while also ensuring its citizens receive the majority of the benefit.
chop2chip
Well-known member
nsacpi
Expects Yuge Games
States like California, NY, Massachusetts, Washington and New Jersey understand that the government can play a very positive role in nurturing these kinds of technologies. And the federal government has long understood this as well.
Or it’s an inflection point where the tide turns similar to aug24-Jan25. It’s not enough of a sample to determine with high confidence.
Looking good.....
zitothebrave
Connoisseur of Minors
At least we have a solid time frame for economic Glory.