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Old 11-23-2008, 11:07 AM
 
Location: Rockland County New York
2,984 posts, read 5,862,140 times
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Will someone tell me when the government and big business is finally going to explain to the American worker that outsourcing jobs killed our economy? This is not like the great depression at all. What happens when the infrastructure projects are over? The nation continues to outsource jobs to Asia to save money. As far as education I have been looking for a position for months. The educational system in New York is shrinking. There are hundreds of new teachers graduating college and are either working as substitute teachers or completely outside education. Until we fix the very problems we big business and the U.S. government created twenty years ago we are not going anywhere.
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Old 11-23-2008, 12:45 PM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,180,130 times
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Quote:
Will someone tell me when the government and big business is finally going to explain to the American worker that outsourcing jobs killed our economy?
Amen, Stac.

Concerning the Mayan Calendar thing:
Quote:
The Mesoamerican Long Count calendar forms the basis for a New Age belief, first forecast by José Argüelles, that a cataclysm will take place on or about December 21, 2012, a forecast that mainstream Mayanist scholars consider a misinterpretation, yet is commonly referenced in pop-culture media as the 2012 problem. [12][13]

"For the ancient Maya, it was a huge celebration to make it to the end of a whole cycle," says Sandra Noble, executive director of the Foundation for the Advancement of Mesoamerican Studies, Inc. in Crystal River, Florida. To render December 21, 2012, as a doomsday or moment of cosmic shifting, she says, is "a complete fabrication and a chance for a lot of people to cash in." [13]
taken from the Wikipedia article at Maya calendar - Wikipedia, the free encyclopedia
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Old 11-23-2008, 05:44 PM
 
Location: Wherabouts Unknown!
7,841 posts, read 19,016,353 times
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Of all the books I've read in regard to 2012, the one that made the most sense to me is a book called The Mayan Code: Time Acceleration and Awakening the World Mind by Barbara Hand Clow and Carl Johan Calleman. It made alot of sense to me, but I love that kind of uncommon thinking and way of looking at things. It's a real mind stretcher, that may or may not appeal to your way of looking at the world.
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Old 11-23-2008, 06:09 PM
 
Location: Hope, AR
1,509 posts, read 3,086,776 times
Reputation: 254
Play Rush's "2012" album backward and all will be revealed.

Quote:
Originally Posted by CosmicWizard View Post
Of all the books I've read in regard to 2012, the one that made the most sense to me is a book called The Mayan Code: Time Acceleration and Awakening the World Mind by Barbara Hand Clow and Carl Johan Calleman. It made alot of sense to me, but I love that kind of uncommon thinking and way of looking at things. It's a real mind stretcher, that may or may not appeal to your way of looking at the world.
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Old 11-23-2008, 06:48 PM
 
Location: Los Angeles Area
3,306 posts, read 4,160,856 times
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Quote:
Originally Posted by neil0311 View Post
I'm not saying that fiscal stimulus is bad or unwarranted in this situation, but a huge government that employs millions while taxing the remainder of the population at a huge rate isn't the answer and never has been.
Again, the government doesn't need to tax the rest of the population to pay for the program. The monetary system today is not the same as it was in the 1930's. The required funds can be written into existence....
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Old 11-23-2008, 07:01 PM
 
48,502 posts, read 96,952,864 times
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Quote:
Originally Posted by Humanoid View Post
This is the same thing they did in the depression and....it worked. Spending money on infrastructure, education are not only much needed but will help this nation compete long term in the global economy. Bailing out financial institutions on the other hand is a completely waste of money, even if its required to keep the system alive.

Also, the federal government doesn't need to raise taxes to pay for such a program. They can do deficit spending, which with our monetary system really isn't a big deal.


My statement has little to do with politics, certainly its philosophically motivated though. And what I mean by wealthy is simply the people that have so much money (usually old money) that they don't need to work usually from the minute they are born to the day they die.

These people add next to nothing to an economy, rather they are like leeches. They suck the wealth out from their positions of power.

But you guys....making peanuts will support these policies because you believe erroneously that some how the economy is going to collapse without these people because "Poor people can't hire people". Its amazing what the Aristocracy in this country has gotten people to believe.
Actually it was WWII that ended the depression ;not those WPA jobs.Much of what FDR did was to enable people to survive rather than end the market problems that started the depression. Jobs went up when orders for war supplies started coming in for europe even before we got into the war. That is what created the real jobs;the WPA was public works and did not feed the econmy but cost the government money. After the war their was growth from the huge demand from returning GIs and the bubble started. It cost to have governamnt jobs as the companies only pay taxes oin what the government gives them.
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Old 11-23-2008, 07:30 PM
 
Location: Los Angeles Area
3,306 posts, read 4,160,856 times
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Quote:
Originally Posted by texdav View Post
Actually it was WWII that ended the depression ;not those WPA jobs.Much of what FDR did was to enable people to survive rather than end the market problems that started the depression.
World war started 5 years after the depression ended and major US involvement was even later. The depression officially ended in 1934.

There was another down turn in the 1937 recession (sorta hard to have a recession if you're already in a depression huh?). Incidentally in 1936 taxes were raised and in 1936 and 1937 a lot of government spending was cut.

In 1939 the US started public spending again, but this time on military infrastructure. This spending could've be done on a number of things and had the same effect. This spending further simulated the economy and it grew more, but the economy was already growing in 1934.

The idea that the war ended the depression is a myth propagated by conservative politicians to discount the effectiveness of policies implemented by the other political party. But the irony is that the war was just one big public spending project, so even if true it shows that massive government spending can turn the economy around. From the economies point of view it doesn't care if people are making guns, airplanes etc vs roads, educational infrastructure etc. If anything its going to favor the latter as it will benefit matters long term.
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Old 11-23-2008, 08:52 PM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,180,130 times
Reputation: 8105
You're probably right about that, Humanoid. Let's hope we still have the means to do that. We're a little more in debt than we were back then!
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Old 11-23-2008, 09:11 PM
 
Location: Los Angeles Area
3,306 posts, read 4,160,856 times
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Quote:
Originally Posted by Woof View Post
You're probably right about that, Humanoid. Let's hope we still have the means to do that. We're a little more in debt than we were back then!
No its about the same and during WW2 the debt in relation to GDP was far greater than it is right now:

Image:USDebt.png - Wikipedia, the free encyclopedia

This shows that the US can increase its debt to pay for public spending projects and recover from it after the fact. If the money is spent on public infrastructure it will make a recovery even more likely than spending on a bottomless bit (i.e., war). Although to be fair, at least part of the war spending went into things that benefited the country long term.
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Old 11-28-2008, 07:42 AM
 
Location: Marietta, GA
7,887 posts, read 17,209,836 times
Reputation: 3706
Quote:
Originally Posted by Humanoid View Post
World war started 5 years after the depression ended and major US involvement was even later. The depression officially ended in 1934.

There was another down turn in the 1937 recession (sorta hard to have a recession if you're already in a depression huh?). Incidentally in 1936 taxes were raised and in 1936 and 1937 a lot of government spending was cut.

In 1939 the US started public spending again, but this time on military infrastructure. This spending could've be done on a number of things and had the same effect. This spending further simulated the economy and it grew more, but the economy was already growing in 1934.

The idea that the war ended the depression is a myth propagated by conservative politicians to discount the effectiveness of policies implemented by the other political party. But the irony is that the war was just one big public spending project, so even if true it shows that massive government spending can turn the economy around. From the economies point of view it doesn't care if people are making guns, airplanes etc vs roads, educational infrastructure etc. If anything its going to favor the latter as it will benefit matters long term.
It's generally recognized by most mainstream economists that it was the huge stimulus of the build up to WWII in 1940 that finally ended the depression. As WWII progressed, you had the lowest unemployment and highest government spending as a % of GDP ever recorded in the US.

The "Roosevelt Recession" of 1937 was a setback to the recovery from the depression, as the economy was NOT ready to sustain itself without the massive fiscal stimulus of government spending. There is not a single credible or mainstream source that believes that 1934 was the end of the depression.

Unemployment didn't even get below 10% until after 1941, although it was reduced from the absolute high of 24.9% (in 1933) as the New Deal stimulus kicked in in 1934. GDP was below 1929 levels until 1939, although it increased on a percentage basis and was in positive territory in '35 & '36. At best, you could say 1939 was the end, but 1934 isn't even rational to suggest as the end.
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