Hope you crybabies don't lose it over this "threat"

Capitalism is dead. U.S. exceptionally is dead. Deal with it!

Sorry if this discussion bores me. I started a thread on the historical failure of socialism and instead of trying to refute anything in that thread, the OP starts a completely new thread with the ridiculous title of "Capitalism Has Failed".

The OP finds it difficult to articulate his arguments, such as they are, so he posts links instead. It's obvious he lacks any background in economics.

Our economy is cyclical. Always has been, always will be. Every time the capitalist engine sputters, you will see idiots leap out and claim it's time to pursue an alternative socialist agenda! I don't have a problem with intelligent critics of capitalism who understand its inner workings and seek to curtail its excesses and correct its flaws - Keynes was one of them. I do have a problem with socialist-dirigiste assholes who hide in the bushes while the economy is steaming ahead and bide their time until the next recession, when they suddenly jump out and scream "ah ha, gotcha! - this proves capitalism doesn't work!" instead of explaining it is part of the normal cyclical dynamic by which a free economy pauses and rebalances itself, before surging ahead to ever-higher levels of wealth and output.





Who will be the next far-left opportunist asshole to follow in Rahm Emmanuel's footsteps when the economy experiences another temporary downturn?

"You never want a crisis to go to waste!"





I miss Milton Friedman! He could write and speak dense, quantitative economics with the best of his peers, then turn around and explain everything to the layman in simple, understandable terms. Even someone as clueless as Phil Donahue!





That video is now 40 years old. It pains and frustrates me that we have to keep replaying it over and over again. Socialists are like cockroaches. You can flush them down the toilet and they will swim back up.

As I said, I'm bored with hearing the same nonsense from the left. I'm tired of debunking idiots like Bernie Sanders who don't understand - and never had any desire to understand - simple economics and the historical, empirically proven lessons of Wealth Creation 101. Originally Posted by lustylad

UnitedHealth Stock Gains Again. What to Do After the Rally.

https://www.barrons.com/articles/unh...-news-5c17bd98

Of course, it will take time for UnitedHealth to show that it can repair the damage that has been done. Not everyone thinks it can, especially if it is looking to the past for the way forward.

For now, the healthiest course is probably just sitting back and watching.

What a joke.

Big joke alright.

This thread, and the left as a whole, is a joke. Capitalism isn't dead. US exceptionalism isn't dead. And they never will be. No matter how much the left wants to kill them

OP is spot on.

You said you hope they wouldn't lose it. But they did.

I never thought I'd agree with Richard Wolff on ANYTHING. But he's spot on, in the first two minutes of the video anyway. I'm sure I'd find a lot to call bull shit on if I just kept watching, but I'm too tired tonight.

Did you catch this in Nobel-Prize-Winner Milton Friedman's commentary?

"The only instances in which the masses have escaped from the grinding poverty you're talking about, the only cases in recorded history, are where they had capitalism and largely free trade."

I never thought I'd agree with Richard Wolff on ANYTHING. But he's spot on, in the first two minutes of the video anyway. I'm sure I'd find a lot to call bull shit on if I just kept watching, but I'm too tired tonight.

Did you catch this in Nobel-Prize-Winner Milton Friedman's commentary?

"The only instances in which the masses have escaped from the grinding poverty you're talking about, the only cases in recorded history, are where they had capitalism and largely free trade." Originally Posted by Tiny

So true. I’ve been thinking about the effects of the tariffs. If they stick around how will that affect the business of used products. Will this provide a boost to sites like ebay or thrift stores like goodwill and potentially pawn shops?

A 30 percent tariff might make refurbished items a cheaper alternative to buying new from overseas. Perhaps used furniture as well?

Maybe Amazon will add a refurbished category for their products?

An example of capitalism in action being influenced by artificial trade barriers.

So true. I’ve been thinking about the effects of the tariffs. If they stick around how will that affect the business of used products. Will this provide a boost to sites like ebay or thrift stores like goodwill and potentially pawn shops?

A 30 percent tariff might make refurbished items a cheaper alternative to buying new from overseas. Perhaps used furniture as well?

Maybe Amazon will add a refurbished category for their products?

An example of capitalism in action being influenced by artificial trade barriers. Originally Posted by txdot-guy

The tariff issue just shows how uninformed most here are about trade issues. I don't even know much except there are a lot of none monetary trade restrictions on Ag products. They just keep getting piled on slowly over the last 30 years. Every industry has different issues.


The U.S. has tried to go to world courts to get the trade restrictions overturned, but the world is not about free trade, but transferring to poor countries.

So true. I’ve been thinking about the effects of the tariffs. If they stick around how will that affect the business of used products. Will this provide a boost to sites like ebay or thrift stores like goodwill and potentially pawn shops?

A 30 percent tariff might make refurbished items a cheaper alternative to buying new from overseas. Perhaps used furniture as well?

Maybe Amazon will add a refurbished category for their products?

An example of capitalism in action being influenced by artificial trade barriers. Originally Posted by txdot-guy

Wanna see their heads explode?

Reuse, renew and recycle is part and parcel of the Green New Deal. Buying used and refurbished certainly follows those tenets.

Trumps tariffs, as you suggested, may actually be playing into "the leftist" hands. AOC and Bernie will thank him on the inauguration stand.

Yow!