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It appears like the answer is yes. By having little growth the Left can redistribute the stagnant and shrinking pie as they see fit. Of course such decisions will be difficult but if you're well connected no need to worry.
So here we all are. Like us, the member nations of the European single currency have embarked on their very own double (or is it triple?) dip recession. This is the future: the long, meandering “zig-zag” recovery to which the politicians and heads of central banks allude is just a euphemism for the end of economic life as we have known it.
Now there are some people for whom this will not sound like bad news. Many on the Left will finally have got the economy of their dreams – or, rather, the one they have always believed in. At last, we will be living with that fixed, unchanging pie which must be divided up “fairly” if social justice is to be achieved. Instead of a dynamic, growing pot of wealth and ever-increasing resources, which can enable larger and larger proportions of the population to become prosperous without taking anything away from any other group, there will indeed be an absolute limit on the amount of capital circulating within the society.
The only decisions to be made will involve how that given, unalterable sum is to be shared out – and those judgments will, of course, have to be made by the state since there will be no dynamic economic force outside of government to enter the equation. Wealth distribution will be the principal – virtually the only – significant function of political life. Is this Left-wing heaven?
"The left" would like some spending on America and Americans, for a change. Maybe repairing bridges, water systems, upgrading the power grid; things like that which would benefit millions of us and employ who knows how many thousands in good paying jobs in the process.
It appears "the right" is completely content with the $4 trillion spent to obliterate two middle east countries. How many of us taxpayers benefitted from that GOP fiscal genius?
A very large number of Americans benefitted from our excess Military spending because most of these weapons are made in the USA at decent wages in union shops. The problem is none of these things can be bought or resold on the civilian market and thus have a very small economic multiplier.
By comparison spending this money on civilian infrastructure has much greater utility because efficient roads result in lower transportation costs and decent water and sewer works preserve the public health of all of us. This spending has a considerable economic multiplier and results in much more economic activity than the original expenditure.
Civil lain projects also tend to kill fewer humans then the military weapons programs and our colonial wars. Unfortunately a bridge or water treatment plant is not nearly as macho as a new tank or rocket.
It is not the left, but the right that wants to kill social safety nets. And one way to achieve that goal is to burden the system, even if it takes money out of that system to fund building of "battleships".
What left wants is a rising middle class, something along the lines history witnessed for 3-4 decades beginning in the 1940s.
It is not the left, but the right that wants to kill social safety nets. And one way to achieve that goal is to burden the system, even if it takes money out of that system to fund building of "battleships".
What left wants is a rising middle class, something along the lines history witnessed for 3-4 decades beginning in the 1940s.
So you want a devastating global war that eviserates Americas global competitors for decades thus making room for American global economic dominance? I thought the Left is against these type of things?
So you want a devastating global war that eviserates Americas global competitors for decades thus making room for American global economic dominance? I thought the Left is against these type of things?
It is. The left is about... let us mind our own business. And YOU are thinking about global engagements, building battleships.
"The left" would like some spending on America and Americans, for a change. Maybe repairing bridges, water systems, upgrading the power grid; things like that which would benefit millions of us and employ who knows how many thousands in good paying jobs in the process.
It appears "the right" is completely content with the $4 trillion spent to obliterate two middle east countries. How many of us taxpayers benefitted from that GOP fiscal genius?
I do not think anyone would have a problem with investing in infrastructure if our budget and debt situation was not in the dire situation it is in.
And yes we need to vastly cut back military spending to get America's priorities back in order.
The outrageous notion that we need to spread Democracy around the globe via military force needs to be terminated at once.
I do not think anyone would have a problem with investing in infrastructure if our budget and debt situation was not in the dire situation it is in.
And yes we need to vastly cut back military spending to get America's priorities back in order.
The outrageous notion that we need to spread Democracy around the globe via military force needs to be terminated at once.
The same Republicans who so eagerly got in step with Bush/Cheney's campaign of WMD deception and who voted repeatedly to keep their war costs "off-budget" to hide the effect on the deficit are now whining like children about spending needed to ease the effects of their Great Recession.
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