Do you really think it's a good idea to get people to spend more money?

And right at the top of this phenomenon are the Socialists who took this relationship to entirely new levels.
Did it in industrial scale.
Gas chambers.

 

For the RICH (those pushing it) it is a great idea. They make money off of the working class manipulating them daily. They also have the working class thru the republican party that it is UP TO THEM to make things better by contributing, buy a new car, upgrade your house. That is also pushed here in the SOUTH through Churches.
That as a good American, you need to attend church, eat out, buy houses and cars, send your kid to a private school, and spend your money. You should also never complain about your JOB, your PAY, your benefits. You should not smoke, not buy china goods now unless absolutely needed. It is a push from one side of the rich.
Not a big conspiracy, just an angle from the Party that makes those that are very good people feel even better.. The polticians are supported by Koch.
I have been cashing my garbage stocks that doubled, tripled during Obama years and convert into GOLD, OIL, and Gold stocks. All the things they tell these do gooders not to buy. They want them to continue to buy the stocks they are selling.
One big rip off of the working class and it took 10 years to complete the cycle, actually another year or two until it tops out. The Banks have put in provisions to unregulate their rules, thus, loan more, then turn back to the govt and say, you LET ME !

 

What everyone fails to see every 8 - 10 years is that the republican party passes off a "Economy can increase forever at 3 -5%" if not, we are failing, that just pushes us into an area we shouldn't be, cutting rates, printing money, bailing out banks, etc. All BIG FAILS. Obama should have reversed the policy of QE right away and forced real wages and infrastructure to build us back up. He is now one of them, a rich guy.
People down here fail to see the BIG picture and we like to throw out little jabs of what we think, all of us do. One thing for sure, you cnat borrow your way out of this mess, you cant continue to pay people peanuts and both continue on with the Propaganda as if it will all be ok, it wont !

 

I'll tell you what else is also correlated with Marxism, -Marxists and socialist don't decide when communist society develops. Marx was clear that according to his theory, communist society will happen only when classes and the state "wither away" (his words). And therefore communist society cannot be imposed on any society by anyone. Maybe that's why they "stop short of communism".

And "120 million dead" were not a necessary consequence of Marxian theory. As my signature line says, Marxist analysis has nothing to do with what happened in Stalin's Russia: it's like blaming Jesus Christ for the Inquisition in Spain.

 

Growth and the market perception of the ability for the government's economy to grow is the only thing they have to stave off their bankruptcy.
Without the perception of growth, no one will lend them more money, because they cannot pay it back with what they have now.

It's all they've got. They need it.

 

Very True... I don't think to much of the money is lending now. This is where the troubles start. I doubt any countries buy treasuries (the borrowing). Thus, they have to turn back to printing ASAP. Maybe why Trump threw out the comment last week about not liking increased % rate. Those really in charge know how to manipulate the system, TRUMP or OBAMA being the guy that spreads the BIG words.
That may be enough to stop the FED, now, how do you print again, from what I understand they were to start unloading their balance sheet. I am just an electrician so a lot of that I do not understand.

 

And why should he when he has the highest national debt and the highest deficit spending. More and more debt is SOP...

 

Imagine actually having a more equal society where debt is naturally lower? I know, I know, you just want to whinge about the debt.

 

You took my statement out of context...my comment was about "We have the highest mortgage debt,higheststudent loan debt,highest auto loan debt and the highest credit card debt in our nations history"...

 

No, you just didn't understand the point. Let's try instead with the following. Austerity, celebrated by the debt whingers, actually increased debt. Radical economic change, where inefficient income inequalities are eliminated, would lead to an outcome where debt naturally falls.

 

As bankruptcy rises, debt falls.

So does wealth however.

 

Another waste of space comment. Good to be consistent mind you

 

I think it may be a bit insightful, on the contrary.

(Or at least it sounds like it may be)

 

Let me know when you see some 'radical economic change about income inequalities' take place...meanwhile it's just diatribe...

 

You'd prefer the austerity lie? Probably more comfortable if you have an innate conservatism. It is after all repackaged supply side economics for the pleb

 

I prefer reality...

 

Which is? Sounds like you've just bought into the austerity fib to me